4-Pack of Fresh Options Ideas

Options Updates

Despite a one day disruption on Tuesday to our near-perfect trading day attendance record over the last ten years, we got right back in the saddle yesterday, and back to full strength. We highlighted some possible options opportunities in yesterday morning’s newsletter, and among those were the UNH Weekly $270-277.50 Calls & the SPY Weekly $280-276 Puts.

UNH Weekly $270-277.50 Calls
$270: 6.00-13.11 (+119%)
$272.50: 4.21-11.15 (+167%)
$275: 3.30-8.99 (+172%)
$277.50: 2.39-7.50 (+214%)
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SPY Weekly $280-276 Puts
$280: 4.76-6.51 (+37%)
$279: 4.26-5.83 (+37%)
$278: 3.82-5.30 (+39%)
$277: 3.36-4.78 (+42%)
$276: 3.01-4.29 (+43%)
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We’ve also been tracking a longer-term set of ideas in the Johnson & Johnson chain, the JNJ 09/18 $150-155 Calls. The stock has been on a steady incline since we flagged this play last Tuesday morning, leading to the following moves:

  JNJ 09/18 $150-155 Calls
$150: 2.90-9.00 (+210%)
$155: 2.27-6.70 (+195%)


Fresh Options Ideas

ABT Weekly $90-92.50 Calls
BBBY Weekly $4.50-5.50 Calls
TSM Weekly $50-52 Calls
SMPL 08/21 $20-22.50 Calls


Extended Watchlist:
SPXA, OZSC, GCAN, TLSS, GRNF, EDNT, SNGX, DYNT, XNET, VGTL

Options Updates, Fresh Ideas

Options Updates
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Johnson & Johnson JNJ – 
We initially made the longer-term call on the JNJ 09/18 $150-155 Calls at the beginning of last week, and yesterday morning as part of an update on those targets we also gave a more immediate idea with the JNJ Weekly $134-137 Calls. The markets absolutely ripped yesterday, and that catapulted both sets of ideas to new heights.


Here are the updated highs on last Monday’s September calls, as well as the single-session ranges on the weeklies:

09/18 $150-155 Calls
$150: 2.90-5.80 (+100%)
$155: 2.27-4.00 (+76%)

JNJ Weekly $134-137 Calls.
$134: 3.19-7.20 (+126%)
$135: 2.54-6.00 (+136%)
$136: 2.09-3.95 (+89%)

We would also like to roll up to include the Weekly $140-142 Calls on our watchlist.

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SPDR S&P500 (ETF) SPY – We also signaled interest in a range of SPY calls in yesterday morning’s ;premarket report, highlighting the Weekly $258-260 Calls.

The bullish day for stocks across the board facilitated some very good moves in those three contract sets on the session. We expect these gains to be extended at the open, as the markets are gapping up once again this morning in early trading.

Weekly $258-260 Calls 
$258: 4.07-10.66 (+162%)
$259: 3.61-9.98 (+176%)
$260: 3.11-9.25 (+197%)


Extended  Watchlist:
CRON, TLRY, CGC, GUSH, BSGM, ALTD, HALB, DECN, NSPX, OZSC,