Tag: SPY

Massive Options Movers & More

Enormous Options Gainers:

We took advantage of the SPY with supreme accuracy yesterday. In the early morning, it appeared as if futures would rise, but that was curtailed by some poor economic reports shortly before we sent out our newsletters. We flipped over to the bearish side of things for a fresh target and with the help of a deleterious session for the markets in general, it turned out to be the exact right choice.

We were tracking those SPY 09/14 $406-404 Puts, as well as the CNM Weekly $25 Calls, and witnessed huge intraday gains in both cases. We also have an update on a longer-term play from last week, when we called the GTLB 09/16 $50 Calls on Tuesday morning. Those subsequently posted multibag opportunity as well. All in all, we’ve offered up ideas that have absolutely performed as well or better than one could’ve hoped.

SPY 09/14 $406-404 Puts
$406: 4.51-14.00 (+210%)
$405: 3.90-13.00 (+233%)
$404: 3.36-12.00 (+257%)
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CNM Weekly $25 Calls
$25: .05-.85 (+1600%)
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GTLB 09/16 $50 Calls
$50: 1.24-11.70 (+844%)

Fresh Options Ideas:
DOOO Weekly $70-75 Calls
STX 10/14 $67-68 Calls

Extended Watchlist:
ATNF, ASTE, ADTX, KERN, BIAF, CLBS, EOSE, GEGI, BNOW

Rehashing Prior Options Plays, Fresh Ideas

Catching Up on Options Recaps:

Our first order of business this morning on the heels of dedicating yesterday’s newsletter to our Special Report on WHSI, is to circle back and provide our readers with a recap from Friday’s performance on options plays. Then we’ll be all caught up and ready to hop right back in the saddle today with some fresh new ideas!

In Friday’s premarket report, we formulated a trio of options targets in the DOCU Weekly $64-66 Calls, the KR Weekly $49.50-51 Calls, and the ZS Weekly $172.50-177.50 Calls and that session brought potential success for traders in each and every case. Here were the total possible gains on the table, which were all absolutely massive, including some eye-popping thousand-plus percentage gainers in the KR chain:

DOCU Weekly $64-66 Calls
$64: .18-1.00 (+456%)
$65: .07-.48 (+585%)
$66: .03-.18 (+500%)
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KR Weekly $49.50-51 Calls
$49.50: .28-2.39 (+753%)
$50: .16-2.00 (+1150%)
$51: .05-.96 (+1820%)
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ZS Weekly $172.50-177.50 Calls
$172.50: 4.45-16.05 (+261%)
$175: 3.14-13.80 (+339%)
$177.50: 2.00-11.00 (+450%)

Fresh Options Ideas: 
SPY 09/14 $406-404 Puts
CNM Weekly $25 Calls
MSB 10/21 $25 Calls
WWE 10/21 $70 Calls

Extended Watchlist:
AKRO, SYRS, ETNB, CMRA, AREB, ILUS, NNRI, TONR, CGAC, PPCB, PYPD, WHSI

Thursday’s Runners, Potential Friday Plays

Thursday’s Top Plays:

We fared rather well with the options targets we selected in yesterday morning’s premarket report, having formulated four possible plays, and being answered with significant intraday moves in three of the four. We call those pretty good odds, and will do our best to continue this run through the end of this short trading week and beyond.

As for yesterday’s winning areas of interest, we’re talking about the SPY 09/09 $397.50-396 Puts, the GME Weekly $27-26 Puts, and the BILI Weekly $20.50-21.50 Calls. The SPY targets had the most potential for intraday trades by far, but all of the opportunities we observed were noteworthy.

SPY 09/09 $397.50-396 Puts
$397.50: 1.17-3.85 (+229%)
$397: 1.02-3.56 (+249%)
$396: .84-3.00 (+257%)
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GME Weekly $27-26 Puts
$27: 1.20-2.15 (+79%)
$26.50: .84-1.72 (+105%)
$26: .66-1.40 (+112%)
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BILI Weekly $20.50-21.50 Calls
$20.50: .40-.87 (+118%)
$21: .30-.63 (+110%)
$21.50: .15-.39 (+160%)

Fresh Options Ideas:
DOCU Weekly $64-66 Calls*
KR Weekly $49.50-51 Calls*
ZS Weekly $172.50-177.50 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders!

Extended Watchlist:
PPCB, GEGI, EVFM, GGII, IFBD, MOGU, JZXN, INM, SWVL

Wednesday’s Winners, 4 New Ideas

Recent Options Runners:

We enjoyed a solid session of gain opportunities yesterday following our morning report. Of the three ideas we hashed out, two were notable intraday movers that produced serious multibag rips on the day for ourselves and our readers.

Those winning plays were the NIO Weekly $17-16 Puts, and the COUP Weekly $61-63 Calls. We also have an update on the single set of calls we’ve been tracking in the GTLB chain since Tuesday morning, the GTLB 09/16 $50 Calls, which shot out of a cannon to incredible new highs yesterday.

NIO Weekly $17-16 Puts
$17: .14-.40 (+186%)
$16.50: .08-.22 (+175%)
$16: .05-.12 (+140%)
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COUP Weekly $61-63 Calls
$61: 2.16-4.70 (+118%)
$62: 1.45-4.40 (+203%)
$63: 1.11-3.50 (+215%)
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GTLB 09/16 $50 Calls
$50: 1.24-5.19 (+319%)

Fresh Options Ideas:
GME Weekly $27-26 Puts
BILI Weekly $20.50-21.50 Calls
AFG 09/16 $130-132 Calls
SPY 09/09 $397.50-396 Puts

Extended Watchlist:
GZIC, CUBV, CGSI, GMER, INKW, SFLM, PIXY, AMLX, RVNC, NEXI, ASAN

Shorts Yield Dividends, Fresh Ideas to Close out the Week

Bearish Signals Pay Off:

We got things back on track in a big way for yesterday morning’s premarket report, with regard to our daily options ideas. It is an extremely rare occurrence that we would signal a full slate with nothing but bearish targets, but that’s exactly how things shook out yesterday, and it worked to our advantage.

The collection of puts that we were tracking for the day were the MDB Weekly $280-275 Puts, the OKTA Weekly $78-75 Puts, the CIEN 09/16 $55-45 Puts, and the SPY 09/02 $395-393 Puts, and thanks partly to the early downturn in the markets right from the opening bell, these were the caliber of gain opportunities that awaited us with these ideas:

MDB Weekly $280-275 Puts
$280: 11.90- 40.58 (+241%)
$277.50: 14.60-39.00 (+228%)
$275: 9.40-35.00 (+272%)
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OKTA Weekly $78-75 Puts
$78: 9.00-19.60 (+118%)
$77: 7.50-18.57 (+148%)
$76: 7.45-17.25 (+131%)
$75: 5.95-16.65 (+180%)
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CIEN 09/16 $55-45 Puts
$55: 6.90-9.50 (+38%)
$50: 2.18-5.20 (+138%)
$45: .57-1.44 (+153%)
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SPY 09/02 $395-393 Puts
$395: 3.83-5.82 (+52%)
$394: 3.27-5.14 (+57%)
$393: 2.76-4.48 (+63%)

Fresh Options Ideas:
AVGO Weekly $495-510 Calls
LULU Weekly $315-322.50 Calls
HCP 09/16 $35-40 Calls

Extended Watchlist:
ALST, DVLP, PSRU, SBES, PQEFF, GDVM, NBEV, BIAF, HOLI, DRUG, PXMD, FRZA, HCP

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