Good Start to the Week, New Options Ideas

Options Updates:

We’ve got some options updates to put forth this morning after the trading week got off to a hot start yesterday. We had signaled some longer-term calls which will need some time to mature, as well as a set of daily SPY Calls. Those performed quite well for us on the session as the markets ripped their way up the charts for most of the session.

We’ve got an update on those SPY targets which were the SPY 10/24 $374-376 Calls as well as some new highs to report on some other longer-term options that we’ve been tracking this month. For the CAT 11/04 $180-185 Calls, we alerted these calls on Wednesday the 5th, while the UNFI 11/18 $35 Calls were an idea we formulated on September 30th. Both of those ideas have continued to build onto their highs and increased the gains we’ve observed by a considerable margin.

SPY 10/24 $374-376 Calls
$374:
 1.41-5.97 (+323%)
$375: 1.03-5.01 (+386%)
$376: .72-4.00 (+456%)
_____

CAT 11/04 $180-185 Calls

$180: 5.43-14.22 (+161%)
$185: 4.00-9.93 (+148%)
_____

UNFI 11/18 $35 Calls
$35:
 1.80-4.80 (+167%)


Fresh Options Ideas:
KO Weekly $57-59 Calls
UPS Weekly $167.50-172.50 Calls
SAP 11/18 $92.50-95 Calls
GE Weekly $73-75 Calls


Creatd Inc. CRTD – OTC Recap:

We’ve also got a quick OTC update on CRTD, a stock we signaled initially on the 13th of this month, which has appeared another handful of times on our extended watchlists since then. Over the span of the last 8 trading days, CRTD has managed to run from a low of .0761 to a very impressive new high of .595 yesterday, making for an increase of 682%


Extended Watchlist:
XCPL, ATLX, HIRU, NLST, GEGI, NVNXF, WDRP, MULN, TSHA, CRBP, MOB, WEBR

Recapping Monday’s Bearish Ideas

Recapping Monday’s Bearish Ideas

After officially wrapping up our last week’s excellent performance yesterday morning, and reporting the nice gains we managed on Friday, we kept the momentum going with some fresh options ideas. We always try to feed new ideas into the mix each and every day when possible, and keep our focus on where the potential action is heaviest.

We went bearish on both NRZ and SAP, signaling the NRZ $9-8 Puts and the SAP $130-120 Puts. In both cases we had access to significant gains on the day, which were as follows:

NRZ $9-8 Puts
$9
: .78-1.14 (+46%)
$8: .20-.48 (+140%)
_____

SAP $130-120 Puts 
$130: 12.10-16.96 (+40%)
$125: 8.82-12.55 (+42%)
$120: 5.30-8.55 (+61%)
_____

Fresh Options Ideas:
AMD Weekly $83-85 Calls
MRK Weekly $79-80.50 Calls
NFLX 12/04 $510-515 Calls


Extended Watchlist:
BRTXQ, IGEN, GAXY, GMPW, VSYM, RLFTF

Reviewing Friday’s Movers

Reviewing Friday’s Movers 

We’re going to kick off the fresh trading week this morning by going over the performances of the plays we submitted in Friday’s premarket report. Those included targets in the US Steel, Cleveland-Cliffs, and Capital One options chains. It was a wrap-up to an already successful week, and we ended it on a high note.

We had the X Weekly $8.50 Calls, the CLF Weekly $8.50-9 Calls, and the COF Weekly $78-80 Calls, and they all produced significant moves on the day. Here’s a rundown of the kinds of gains that were on the table for traders:

X Weekly $8.50 Calls 

$8.50: 1.11-1.86 (+68%)
_____

CLF Weekly $8.50-9 Calls
$8.50
: .18-.64 (+255%)
$9: .09-.32 (+255%)
_____

COF Weekly $78-80 Calls
$78: 2.06-3.71 (+80%)
$78.50: 1.79-3.35 (+87%)
$79: 2.06-3.03 (+47%)
$80: 1.50-2.43 (+62%)
_____

Fresh Options Ideas:
NRZ $9-8 Puts
SAP $130-120 Puts



Spartan Energy Acquisition Corp. SPAQ

We’re just days away from SPAQ’s vote on a merger with Electric Vehicle maker, Fisker, whose new EV set for launch, ‘The Ocean’, is laying claim to the title of ‘Most Sustainable Vehicle Ever’.

It’s an interesting scenario, and with the stock at a relative low on the chart at the moment, we are going to place some longer term options on watch, with the SPAQ 12/18 $10-12.50 Calls.


Extended Watchlist:
ARLP, CBBT, CSLI, NSPX, OPTI, TWOH