Big Options Gainers, New Earnings Plays

Huge SPY Gains & More: 

Yesterday’s trading session was one of extremes. The markets gapped up before dipping early, and running into the Fed meeting, after which there was another precipitous drop-off followed by a late day run into the close. It was a choppy and exciting session, and that late rally pushed the SPY Calls we highlighted in our premarket report to some major league moves.

Those potential plays were the SPY 01/04 $382-383 Calls, and we got some decent intraday push from our other set of targets, the SGH 01/20 $15-17.50 Calls as well. Here were the intraday ranges and total possible gains to be had for both ideas, as well as some new highs on the PLAY 01/20 $35-36 Calls we’ve been on since December 20th:

SPY 01/04 $382-383 Calls
$382:
 .17-2.24 (+1218%)
$383: .04-.99 (+2375%)
_____

SGH 01/20 $15-17.50 Calls
$15: 1.05-1.55 (+48%)
$17.50: .15-.30 (+100%)
____

PLAY 01/20 $35-36 Calls
$35: 1.03-2.79 (+171%)
$36: .72-2.11 (+193%)


Fresh Options Ideas:
NEOG Weekly $15.50-16.50 Calls
CAG Weekly $39-40 Calls
STZ Weekly $227.50-222.50 Puts
WBA Weekly $36.50-35.50 Puts


Kala Pharmaceuticals, Inc. KALA – Recap:

We have been tracking KALA since first alerting the stock in our report from last Wednesday morning, subsequent to which time, we would observe a low of 6.00. It has been a constant flow of new highs since then, and yesterday, KALA reached an incredible 56.72, which works out to an increase of 845% over the lows from last week.


Extended Watchlist:
HKD, VYNT, NVCR, ORTX, RKLY, BLPH, CORZQ, NLST, ETCG, ICNM, SMME, REII

Double-Baggers Across the Board, Fresh Plays

SPY, TSLA Options Record Solid Moves: 

We kicked off the holiday-shortened week yesterday morning with a couple of off-the-cuff options ideas for the SPY and TSLA with no earnings reporters to spice things up on the day. Despite a decline in the markets for most of the session, our SPY Calls recorded some notable runs early on in the day, while TSLA turned out to be a really good short.

The particular targets that we selected for monitoring in our premarket report were the SPY 01/03 $383-384 Calls, and the TSLA Weekly $120-118 Puts. Two-for-two on the first trading day of the year sets a good tone for 2023, and leaves us with high hopes for another great year. Here were the gains that were there for the taking yesterday, all of which secured double-bag status:

SPY 01/03 $383-384 Calls
$383:
 .46-.94 (+104%)
$384: .28-.58 (+107%)
_____

TSLA Weekly $120-118 Puts
$120: 5.55-15.60 (+181%)
$119: 5.08-14.75 (+190%)
$118: 4.55-13.80 (+203%)


Fresh Options Ideas:
SPY 01/04 $382-383 Calls
SGH 01/20 $15-17.50 Calls


Jasper Therapeutics, Inc. JSPR – NASDAQ Recap:

We’ve been getting some lower-priced NASDAQ plays popping off of our daily watchlists with greater frequency, even during a time of year when the OTC tends to see more activity. Yesterday morning’s standout NASDAQ runner was JSPR, which shot up 138% as it ran from a daily low of 1.60, up as high as 3.80.


Extended Watchlist:
GERN, CRKN, VVS, INM, SYTA, FNA, DUUO, FMCC

New Year, New Opportunities!

Options Reviews: 

We hope everyone had a Happy New Year and a pleasant long weekend, and are all set to hit the ground running. We’re ready to give everything we’ve got to make 2023 every bit as exciting as 2022, and more! We’re going to kick things off this morning by going over the performances on a couple sets of longer-term options ideas we formulated a couple of weeks ago.

From our reports on December 20th and 22nd, respectively, we’ve been tracking the PLAY 01/20 $35-36 Calls and the PAYX 01/20 $115-120 Calls. The Paychex calls in particular have posted some serious multibag gains over that time span. With still more than two weeks remaining until their expiration, both sets of ideas have made pretty good headway indeed, posting the following moves and total possible profits so far:

PLAY 01/20 $35-36 Calls
$35: 1.03-1.85 (+80%)
$36: .72-1.27 (+76%)
_____

PAYX 01/20 $115-120 Calls
$115: .92-4.03 (+338%)
$120: .33-1.65 (+400%)


Fresh Options Ideas:
SPY 01/03 $383-384 Calls
TSLA Weekly $120-118 Puts 


Silo Pharma, Inc. SILO – NASDAQ Recap:

We included SILO on our watchlist in Friday morning’s premarket report, and were pleased with the single session move it made from 4.64-6.56. That works out to an intraday rise of 41% which is a pretty respectable rip for a $4+ NASDAQ stock. Our extended watchlists typically contain a mix of both big board and OTC stocks.


Extended Watchlist:
DPLS, GDVM, CLNV, LGIQ, MGUY, SWVL, GRRR, CMMB, EVAX, RDHL, NVOS, JSPR, SRNE

Big Options Runners, Trio of Fresh Plays

A Clean Sweep on Options Plays:

We finally got the lead out yesterday, with some options trading ideas that were reliant upon the markets posting a solid session. Fortunately, the chips fell in the desired direction, and led to some very respectable intraday gain chances for ourselves, and anyone who caught our premarket report for the day.

On the menu for Wednesday were the SPY 12/21 $381-383 Calls, the NKE Weekly $113-115 Calls, and the FDX Weekly $170-175 Calls. Here was the breakdown of the intraday moves and total possible gains that were there for the taking:

SPY 12/21 $381-383 Calls
$381:
 2.39-6.23 (+161%)
$382: 1.70-5.35 (+215%)
$383: 1.16-4.40 (+279%)
_____

NKE Weekly $113-115 Calls
$113:
 3.75-6.31 (+68%)
$114: 3.30-5.50 (+67%)
$115: 1.25-4.60 (+268%)
_____

FDX Weekly $170-175 Calls 
$170: 1.77-3.90 (+120%)
$172.50: .90-2.37 (+136%)
$175: .43-1.30 (+202%)


Fresh Options Ideas: 
KMX Weekly $54-52 Puts
PAYX 01/20 $115-120 Calls 

MU Weekly $50-48.50 Puts 


Blue Apron Holdings Inc. APRN:

As tax loss season is winding down, we want to put APRN on our readers’ radars as a potential bottom bouncer to swing trade into the new year. The stock has just started to rebound off of its 52-week lows and established a higher high yesterday. We’ll be watching this potential value play over the days and weeks ahead.


Extended Watchlist:
GTII, BIEI, COSG, SMME, SCPS, CORZ, PRQR, APE, SWVL, ISO

Recap of Tuesday’s Movers, Fresh Earnings Plays

Solid Options Runners:

We righted the ship yesterday with a couple of good options ideas in our premarket report, despite the fact that we had no earnings reporters with which to work. We managed to root out a couple of good plays, regardless. Today appears to have some real potential, with several big name earnings drops, along with a market that looks like it may possibly be ready to reverse and go bullish.

Yesterday’s areas of interest for us were the GIS 01/20 $85-80 Puts, and the HEI 01/20 $150 Calls, and here were the caliber of moves and total possible profits they produced for us on the day:

GIS 01/20 $85-80 Puts
$85:
 2.15-3.60 (+67%)
$82.50: .97-2.00 (+106%)
$80: .60-1.10 (+83%)
_____

HEI 01/20 $150 Calls
$150: 3.70-6.29 (+70%)


Fresh Options Ideas:
SPY 12/21 $381-383 Calls
NKE Weekly $113-115 Calls
FDX Weekly $170-175 Calls 


Icecure Medical Ltd. ICCM – OTC Recap:

We’ve had quite a few nice OTC plays crop up in recent sessions, and yesterday’s standout was ICCM. We tagged this play for observation in our extended watchlist yesterday morning, and it followed up with a good perfromance, running from 2.94 up to 4.73 for an intraday rise of 61%


Extended Watchlist:
DBMM, GSTC, ADCT, VERO, OP, CACO, AVYA, LASE, CCL

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