Huge SPY Gains, Earnings Shorts

Options Reviews: 

Out of the three plays we flagged for observation in yesterday morning’s premarket report, we hit on two, with our SPY Calls going on a considerable intraday run as the markets posted another hugely bullish performance for the day.

We’ve got the breakdown on that pair of ideas, the SPY 01/23 $396-$397 Calls and the SYF Weekly $35-36 Calls, as well as some impressive updated figures on a longer-term play we’ve been tracking since the 12th, the CRWD 01/27 $98-99 Calls. 

SPY 01/23 $396-$397 Calls

$396: 1.12-6.60 (+489%)
$397: .70-5.61 (+701%)
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SYF Weekly $35-36 Calls
$35:
 1.01-1.59 (+57%)
$36: .45-1.04 (+131%)
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CRWD 01/27 $98-99 Calls 
$98: 2.17-9.80 (+352%)
$99: 1.86-7.80 (+319%)


Fresh Options Ideas:
VZ Weekly $39.50-38.50 Puts
RTX Weekly $96-95 Puts
JNJ Weekly $170-165 Puts
MMM Weekly $115-116 Calls


NASDAQ Recaps:

Intelligent Bio Solutions Inc. INBS – We tagged INBS in yesterday’s watchlist, and saw a really nice move on our first day of observation. The stock rose from a low of .50 and hit 1.60, for a 220% gain. That was good for the top slot on the NASDAQ Gainers List for the session.
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Helbiz Inc. HLBZ – It was in our report from this past Friday that we signaled HLBZ, and the stock responded with a run from a low of .1849 that morning, up to yesterday’s new high .5496. That marked a two-day swing of 197%


Extended Watchlist:
AXLA, BBBY, BXRX, HOLO, NVOS, PYPD, CFRX, BIEI, CEOS, TGGI, TLIF, GOMRF, SPVNF

Friday’s Incredible Performance, Fresh Ideas

Friday’s Fantastic Five: 

We closed out the short trading week on Friday in grand fashion, offering up a varied slate of five options ideas for our readers to track. Anyone who put some skin in the game would likely have walked away happy, as we brought the house down on all five of our selections. There were multibag runners from every idea, and some of them went into the range of several hundred percent!

In no particular order, those winning plays were the NFLX Weekly $332.50-340 Calls, the RF Weekly $21-22 Calls, the SLB Weekly $57-58 Calls, the ALLY Weekly $27-29 Calls and the SPY 01/20 $388-390 Calls. As you can see from the following breakdown, the potential gains were quite considerable:

NFLX Weekly $332.50-340 Calls
$332.50:
 3.68-9.95 (+170%)
$335: 1.88-7.68 (+308%)
$337.50: .80-5.20 (+550%)
$340: .24-3.00 (+1150%)
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RF Weekly $21-22 Calls
$21: 1.00-1.70 (+70%)
$22: .05-.73 (+1360%)
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SLB Weekly $57-58 Calls
$57:
 .05-.40 (+700%)
$58: .13-1.16 (+792%)
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ALLY Weekly $27-29 Calls
$27: 2.04-4.50 (+121%)
$28: 1.25-3.54 (+183%)
$29: .40-2.55 (+537%)
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SPY 01/20 $388-390 Calls

$388: 1.60-8.12 (+407%)
$389: 1.12-7.00 (+525%)
$390: .75-5.96 (+695%)


Fresh Options Ideas:
SYF Weekly $35-36 Calls
BKR 02/17 $31-32 Calls
SPY 01/23 $396-$397 Calls*

*Please don’t attempt to trade options on their day of expiration unless you are an experienced trader with access to disposable funds!


Extended Watchlist:
AMIH, RECHF, TMBXF, INKW, CEOS, UMGP, HLBZ, GNS, VERB, TCRX, BOXD, ALLR, PLRX, INBS

Earnings Season Back in Full Swing

Solid Start to the Week:

We put our best foot forward yesterday to kick the tires on a fresh trading week, and despite a poor session for the markets, four of the five options ideas we included in our morning report ended up presenting respectable swing trade opportunities early in the day.

We cast a rather wide net, and the targets that produced for us were the SPY 07/18 $386-388 Calls, the SYF Weekly $31-33 Calls, the GS Weekly $300-305 Calls, and the BA Weekly $150-152.50 Calls. Here were the intraday swings and total possible gains they recorded:

SPY 07/18 $386-388 Calls
$386:
 1.89-2.66 (+41%)
$387: 1.25-1.85 (+48%)
$388: .76-1.23 (+62%)
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SYF Weekly $31-33 Calls
$31: 1.80-2.41 (+34%)
$32: 1.11-1.70 (+53%)
$33: .43-1.00 (+133%)
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GS Weekly $300-305 Calls
$300: 3.80-5.33 (+40%)
$302.50: 2.81-4.10 (+46%)
$305: 1.95-2.90 (+49%)
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BA Weekly $150-152.50 Calls 
$150: 3.90-5.03 (+29%)
$152.50: 2.74-3.64 (+33%)


Fresh Options Ideas:
HAL Weekly $28.50-29.50 Calls
NVS 8/19 $82.50-87.50 Calls
JNJ Weekly $172.50-177.50 Calls
IBM Weekly $134-131 Puts


OTC Recaps:

Here are a few selections from recent extended watchlists that got off to a good start to the week yesterday. They posted new highs for us, and serve as a reminder to track the plays in our daily watchlists and look out for for hidden gems.

VaporBrands International Inc. VAPR
Range: .054-.0949
Gained: +76%

Cruzani, Inc. CZNI
Range: .0005-.0017
Gained: +240%

Galexxy Holdings, Inc. GXXY
Range: .269-.477
Gained: +77%


Extended Watchlist: 
ETCG, LTCN, AABB, MMMW, IDGC, OWUV, JNSH, XELA, STIM, USEA, APLD, WFG

Five Fresh Ideas to Start the Week

Friday’s Options Movers:

We put an excellent cap on last week, finishing up on Friday morning with a trio of options ideas in our premarket report. It was a good way to cap off the final session The markets put on a good performance, and that helped to propel our targets to some very good intraday increases and possible profits.

Those plays were the SPY 07/15 $379-382.50 Calls, the UNH Weekly $507.50-515 Calls, and the PINS Weekly $19-20.50 Calls.The success ran all the way across the board, with only one of the thirteen individual contract sets in our designated ranges falling just shy of multi-bag territory. Here were the total gains that were up for grabs:

SPY 07/15 $379-382.50 Calls
$379:
 2.71-6.20 (+129%)
$380: 2.15-5.50 (+156%)
$381: 1.61-4.25 (+164%)
$382: 1.19-3.25 (+173%)
$382.50: 1.03-3.13 (+204%)
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UNH Weekly $507.50-515 Calls
$507.50: 10.35-24.01 (+132%)
$510: 7.44-20.04 (+169%)
$512.50: 5.80-19.05 (+228%)
$515: 3.70-16.85 (+355%)
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PINS Weekly $19-20.50 Calls
$19: .82-1.50 (+83%)
$19.50: .43-1.04 (+142%)
$20: .21-.60 (+186%)
$20.50: .11-.24 (+118%)


Fresh Options Ideas:
SPY 07/18 $386-388 Calls
SYF Weekly $31-33 Calls
SCHW Weekly $61-64 Calls
GS Weekly $300-305 Calls
BA Weekly $150-152.50 Calls 


United Maritime Corp. USEA – We’ve also got a quick update this morning on USEA, which just commenced trading on the NASDAQ on July 6th. We tracked it over a nice 64% run the following day on the 7th, after which it consolidated into last week. After appearing again in Friday morning’s premarket report, we watched USEA make another solid move from 4.30-6.07 (+41%).


Extended Watchlist: 
GOGY, CVVUF, QSEP, CYBL, DRFS, GXXY, VAPR, QD, ADN, ILAG, EVTL, ETON, TANH

Options Review, Bearish on New Plays

BAC, SYF Options Review: 

We made good on both of the short-term options trading ideas we issued in yesterday morning’s premarket report. with our long -term play needing some more time to mature. We typically steer clear of banks, but occasionally we will take a shot following an earnings drop and we did so successfully with Bank of America.

We were zeroed in on the BAC Weekly $36.50-37.50 Calls, as well as the SYF Weekly $37-39 Calls, which also produced significant intraday gain opportunities for us on the day. The daily ranges and total possible profits off of those ideas were as follows:

BAC Weekly $36.50-37.50 Calls 

$36.50: 1.18-2.86 (+142%)
$37: .84-2.35 (+179%)
$37.50: .56-1.90 (+239%)
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SYF Weekly $37-39 Calls
$37:
2.20-3.46 (+57%)
$38: .85-2.45 (+188%)
$39: .39-1.75 (+348%)


Fresh Options Ideas:
HAL Weekly $41.50-40.50 Puts
LMT Weekly $460-465 Puts


Casa Systems Inc. CASA – Recap:

Another winner from yesterday morning’s report was CASA, which we tagged for the first time in our extended watchlist. The stock would go on to place as the top gainer on the NASDAQ for the day. From an early low of 5.63, CASA ran to a high of 7.18, marking down a respectable intraday run of 28%


Extended Watchlist:
LCLP, RVVTF, LRTNF, SEII, STSS, AYTU, TBLT, AXSM, NAVB

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