Recapping Options Runners, Fresh Plays

Markets Rip on Monday:

We were a little light on options activity with one of the two ideas we signaled in yesterday’s report, but fortunately for us, the day was marked by a sizable surge in the markets. That not only sent our SPY 12/12 $393-394 Calls for the day on a major run, but we saw new highs in several of the December 16th Calls we’ve been tracking in other chains in recent weeks.

We signaled the SMAR 12/16 $35-40 Calls for observation on December 2nd, and both the GTLB 12/16 $45 Calls and the FERG 12/16 $115-120 Calls we targeted on the 6th. Here are the full breakdowns of yesterday’s SPY’s, and the performance of the other plays over the aforementioned date ranges:

SPY 12/12 $393-394 Calls
$393:
1.50-5.82 (+288%)
$394: .97-4.86 (+401%)
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SMAR 12/16 $35-40 Calls

$35: 1.55-5.70 (+268%)
$40: .34-1.80 (+429%)
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GTLB 12/16 $45 Calls
$45: .90-4.81 (+434%)
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FERG 12/16 $115-120 Calls
$115:
3.30-9.70 (+194%)
$120: 1.70-8.20 (+382%)


Fresh Options Ideas:
SPY 12/13 $407-410 Calls*
ORCL Weekly $82.50-85 Calls
CNM Weekly $22.50 Calls
FLNC Weekly $17.50 Calls

*Please don’t trade options on their day of expiration unless you are an experienced trader! 


Extended Watchlist:
CYBL, ADHC, YCRM, PHIL, LCLP, FORZ, SOXL, JZXN, MGTA, NCPL, STRY, MRNA, OPGN, FFIE

More Sweeping Options Success

Fantastic Friday for Options Plays:

We really ended things with strength on Friday, mentioning that we had been several days without coming up with a trading idea that hadn’t yielded considerable intraday gain opportunities. With this, we also included a slate of four fresh possibilities, which all presented good moves for us during the session. Things typically tend to slow down a bit for the holiday season but for us, so far it has remained ‘full steam ahead’!

The designated trading targets from Friday morning’s premarket report,  were the ZS Weekly $131 Puts, the MRVL Weekly $43.50-42.50 Puts, the ULTA Weekly $470-475 Calls, and the SMAR 12/16 $35-40 Calls. The magnitude of their gains and the total potential profits for traders were as follows:

ZS Weekly $131 Puts
$131:
1.01-3.85 (+284%)
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MRVL Weekly $43.50-42.50 Puts
$43.50:
 .94-1.61 (+71%)
$43: .64-1.45 (+126%)
$42.50: .44-1.10 (+150%)
_____

ULTA Weekly $470-475 Calls
$470:
2.60-9.11 (+250%)
$475: .43-1.90 (+342%)
_____

SMAR 12/16 $35-40 Calls
$35: 2.00-4.20 (+110%)
$40: .60-1.37 (+128%)


Fresh Options Ideas:
BILI Weekly $22.50-23 Calls
SAIC 12/16 $110-115 Calls
SPY 12/05 $405 Calls 


Cann America Corp. CNNA – OTC Recap:

We’ve also got a quick update on an OTC stock we’ve been tracking since our report this past Monday, November 28th. CNNA  made a very nice run over the week, from a low of .0051 on up to .0149. That works out to an upswing of 192%


Extended Watchlist:
IOVA, NBLD, HYSR, CLNV, ASTA, SYSX, ICNM, NILIF, APSI, RCIT, COSM, KOLD, XPEV, ENSC, ZH, SXTC

Closing Out a Great Week with Strength

Thursday Options Recap:

We have been rolling right along on the options front this week, coming up with four sets of winning ideas in each of last three consecutive sessions. In our premarket report for Thursday morning, we provided readers with a varied set of potential targets to watch, and once again, all four yielded intraday gain opportunities. We are very proud to be able to come up with good ideas on a daily basis for our readers the vast majority of the time, and we certainly upheld that standard this week.

We were focused on the GIII 12/16 $17.50-15 Puts, the DG Weekly $245-240 Puts, the SPLK Weekly $83-85 Calls, and the SNPS Weekly $360-370 Calls. The markets as a whole experienced somewhat of a choppy session, but our items of interest produced the following intraday runs and profit chances:

GIII 12/16 $17.50-15 Puts
$17.50:
5.00-5.55 (+11%)
$15: 2.50-3.20 (+28%)
_____

DG Weekly $245-240 Puts
$245: 6.00-14.10 (+135%)
$242.50: 5.50-10.72 (+95%)
$240: 4.10-9.30 (+126%)
_____

SPLK Weekly $83-85 Calls
$83: 3.45-8.80 (+155%)
$84: 2.59-7.60 (+193%)
$85: 2.07-6.61 (+219%)
_____

SNPS Weekly $360-370 Calls
$360:
 6.50-8.40 (+29%)
$370: 2.45-4.70 (+92%)


Fresh Options Ideas:
ZS Weekly $131 Puts
MRVL Weekly $43.50-42.50 Puts
ULTA Weekly $470-475 Calls
SMAR 12/16 $35-40 Calls


Extended Watchlist:
ASTA, PMOMF, IGEX, PRDL, PVCT, BRLL, AVXL, RIGL, SOXS, RMED, TOPS, EOSE