Tag: SPY

Options HOT Streak!

Options Roundup
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Yesterday brought more extreme success in the options trading arena for us, as we formulated two new ideas that worked out nicely, as well as increasing our strike field on the SPY by an extra two sets of contracts.

Our initial targets from Wednesday were the SPY Weekly $334-335 Calls, and we rolled up to include the $336 and $337’s as well. In each case, we saw some nice gains on the day yesterday:

SPY Weekly $334-335 Calls
$334: 2.47-4.87 (+97%)
$335: 2.00-5.64 (+182%)
$336: 1.88-2.95 (+57%)
$337: 1.46-2.35 (+61%)

The two fresh options plays that we highlighted were the NKLA Weekly $21.50-23 Calls and the BBBY Weekly $16-18 Calls, and in both cases, we saw some fantastic opportunities to profit.

NKLA Weekly $21.50-23 Calls 
$21.50: 1.17-5.40 (+362%)
$22: .91-5.20 (+471%)
$22.50: .66-4.57 (+592%)
$23: .50-4.16 (+732%)
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BBBY Weekly $16-18 Calls
$16: 1.55-4.20 (+171%)
$16.50: 1.57-3.80 (+142%)
$17: 1.28-3.30 (+158%)
$17.50: .93-2.79 (+200%)
$18: .26-2.46 (+846%)
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We also saw some more really great moves out of the UBER Calls we began tracking on Tuesday morning, including a ten-bagger!

UBER Weekly $34.50-36 Calls
$34.50: .68-3.35 (+392%)
$35: .39-2.58 (+561%)
$35.50: .25-2.29 (+816%)
$36: .15-1.81 (+1040%)

ABCO Energy, Inc. ABCE 
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After mounting a run from .0004 up to .0009 as we mentioned in yesterday morning’s report, we cautioned readers that the stock had traded massive volume, and that we’d be on the lookout for a continuation of momentum.

That’s just what ended up happening, as ABCE pushed to a new high .0013. That extends our two-day observed gains on this play to 225%

Extended Watchlist:
FPVD, ABQQ, SCON, ENDO, BYOC, CODX

SPY on a Run, Fresh Options Ideas

Options Recap
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Yesterday morning, despite reactions to the presidential debates causing a premarket dip in the markets, we decided to go bullish on the SPY, as four positive economic reports had also just dropped. Our hunch proved to be beneficial right from the opening bell as the markets spent the majority of the day ripping.

Our targets were the SPY Weekly $334-335 Calls, and both sets of contracts produced double bag gain chances for us. We did see a pullback late in the day after these runs, bringing them down to new lows, and based on this morning’s premarket activity, we should have another opportunity to see some big upswings from there.

SPY Weekly $334-335 Calls
$334: 2.45-5.55 (+126%)
$335: 2.21-4.81 (+117%)

We are also going to want to roll up to include the SPY $336-337 Calls on our watchlist.  

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Fresh Options Idea:
BBBY Weekly $16-18 Calls
NKLA Weekly $21.50-23 Calls 

ABCO Energy, Inc. ABCE – Recap
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Also included in yesterday’s report was a tag of ABCE in our extended watchlist, which is most typically where you can find our penny stock plays. It put together a solid multibag run from .0004 up to a high of .0009. That works out to an intraday gain of 125%

Based off of the momentum we saw yesterday, with the stock trading right around a billion and a half shares (over 26X the 30-day average volume), we will want to continue to monitor this play as well.

Extended Watchlist:
PECK, NKLA, BYOC, STHC, KRKNF, LTUM, CDTI

Recent Bottom-Bouncers & More

Recent Reversals

We are tracking three unrelated yet similar plays as our first area of interest this morning. These are all stocks that have recently recorded a bottom-bounce reversal, with recoveries underway.

Blink Charging Co. BLNK
Kandi Technologies Group, Inc. KNDI
Sorrento Therapeutics Inc. SRNE

We are going to place these stocks on our watchlist moving forward and begin to track their movements in the days and weeks ahead. Their current runs may only just be getting started.

McCormick & Co. MKC – Options Update

We also offered up an options idea in yesterday’s premarket report, targeting the MKC 10/16 $195 Puts, on the heels of the company’s earnings report.

We got some very nice early activity out of that contract, which traded up from a low of  5.84 and went on to hit 12.85. That represents an intraday gain of 120%
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Fresh Options Idea:
SPY Weekly $334-335 Calls

Extended Watchlist:
CLR, ABCE, PMPG, VPLM, WTII

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

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