SPY, AAPL Updates & More

SPY, AAPL Updates

Yesterday morning, we updated readers on Monday’s fresh options ideas in the SPY and AAPL chains. We specifically warned readers to look out for further gains in our targeted plays, and unsurprisingly, we met with added increases on both sets.

In each case, the new highs we tacked on brought all of Monday’s calls into the multibag realm, while our added target from yesterday’s report, the AAPL 10/09 $110 Calls began their own ascent.

SPY Weekly $324-325 Calls
$324
: 3.17-7.10 (+124%)
$325: 2.71-6.13 (+126%)
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AAPL 10/09 $105-106 & $110 Calls 
$105: 4.25-9.90 (+133%)
$106: 4.00-9.17 (+129%)

$110: 4.44-5.95 (+34%)
_____

Fresh Ideas:
NKE Weekly $127-129 Calls
CTAS 10/16 $330-340 Calls


Extended Watchlist:
ADCT, JPM, OPTI, DSGT, AAGC

Form-4 Alert & More

Options Update

Following up with our fresh options ideas from yesterday morning’s premarket report, we already saw some nice moves in the SPY Weekly $324-325 Calls and the AAPL 10/09 $105-106 Calls and, chances are, we are going to see some further increases today as well.

Here is what they’ve managed so far, and take note that we also want to add the AAPL 10/09 $110 Calls into the mix as well.

SPY Weekly $324-325 Calls
$324
: 3.17-5.96 (+88%)
$325: 2.71-5.26 (+94%)
_____

AAPL 10/09 $105-106 Calls 
$105: 4.25-8.07 (+90%)
$106: 4.00-7.45 (+86%)
_____

Fresh Options Ideas:
AZO Weekly $12.25 Calls


89Bio, Inc. ETNB

We are going to place ENTB on a bottom watch today after noticing a large Form-4 purchase toward the end of last week. A company director picked up an additional 1.3M shares at $28. Right now ENTB in trading in the $25-range.

This is an example of the kind of play we put on a longer term watch, despite most of our ideas being based on quick-strike opportunities.


Extended Watchlist:
ALYI, VNTH, GRST, HIRU, NPHC, JADA

Key Options Winners

Options Review

Good day traders, we’re kicking off another exciting week of speculation, but first we want to report back on the potential gains from the group of varied options ideas we included in Friday morning’s premarket report.

Those ideas included potential strikes in the BYND, BA, and MSFT options chains, and we saw some nice moves from our bearish and bullish targets alike. Here’s the rundown of what worked, and how well: 

BYND Weekly $150-149 Puts
$150
: 1.03-4.00 (+288%)
$149: .81-3.00 (+270%)
_____

BA Weekly $167.50 Calls
$167.50: .82-3.70 (+351%)
_____

MSFT Weekly $202.50-205
$202.50: 1.95-3.15 (+62%)
$205: 1.33-2.30 (+73%)
_____

Fresh Options Ideas:
SPY Weekly $324-325 Calls
AAPL 10/09 $105-106 Calls


iBio, Inc. IBIO

We have identified an attractive chart setup on IBIO, a stock we have had some experience with in the past.

Coming off of a recent bottom, there’s a good amount of room for the stock to run, so we’re going to place it on watch as a possible longer-term recovery play.


Extended Watchlist:
NXMR, HDII, RAFA, MSSV, MTPP, NMTC