Another Flip on the SPY, Fresh Ideas

Options Review: 

It has been a stellar week for options trading, despite the markets having their hiccups. Yesterday was another mixed bag in terms of the overall sentiment, but both of the quick strike options plays we were tracking in our premarket report produced immediate results for us. The volatility afforded by recent market conditions has been a real plus for daytraders.

Our designated targets for yesterday’s session were the SPY 05/13 $392-389 Puts, and the DIS Weekly $101-98 Puts, and there were multi-bag intraday opportunities across the board in both ranges. Below, we’re going to flip our stance on the SPY as well, something we’ve done successfully many times in recent sessions, so be sure to read on past yesterday’s performance figures to find those fresh targets.

SPY 05/13 $392-389 Puts
$392:
 2.40-8.02 (+197%)
$391: 2.02-7.30 (+262%)
$390: 1.74-6.60 (+279%)
$389: 1.47-5.90 (+301%)
_____

DIS Weekly $101-98 Puts
$101:
 .36-.95 (+164%)
$100: .23-.66 (+187%)
$99: .16-.43 (+169%)
$98: .11-27 (+145%)


Fresh Options Ideas:
SPY 05/13 $395-398 Calls*
AFRM Weekly $23.50-25 Calls*
SBUX Weekly $70-72.50 Calls*

**Please don’t try to trade options on their day of expiration unless you are well-versed in options trading! 


Extended Watchlist:
MULN, OTRA, ALNA, CALA, PTE, HOOD, MYSZ, SYSX, IGEX, TGGI, ENZC, DMAN, NSAV, SFOR

Options Calls Buck the Trend, Fresh Ideas & More

Options Trading Recaps: 

The markets took a sour turn for yesterday’s session, but that didn’t stop us from cleaning up on our options plays once again. We set up three pins, and bowled them all over for some really nice gain opportunities on the day.

The contract sets we were targeting were the SHOP Weekly $420-435 Calls, the BKNG Weekly $2300-2350 Calls, and the FTNT 05/20 $290-310 Calls. Like always, we’ll list the daily ranges, and total possible profits to be had, below. Our longer-term calls in FTNT were the only ones which failed to crack into multi-bag territory, but the moves they recorded on the day were still quite respectable.

SHOP Weekly $420-435 Calls
$420: 
3.80-13.60 (+258%)
$425: 3.00-11.02 (+267%)
$430: 2.20-8.90 (+304%)
$435: 1.70-6.91 (+306%)
_____

BKNG Weekly $2300-2350 Calls
$2300: 15.96-45.70 (+186%)
$2320: 13.00-30.07 (+131%)
$2350: 8.94-18.00 (+101%)
_____

FTNT 05/20 $290-310 Calls
$290: 7.70-12.88 (+67%)
$300: 5.31-8.07 (+52%)
$310: 3.10-5.20 (+68%)


Fresh Options Ideas:
SPY 05/06 $412-414 Calls*
SQ Weekly $96-99 Calls*
EOG Weekly $123-125 Calls*

*Please don’t try to trade options on their day of expiration unless you are well versed in options trading!


Sysorex, Inc. SYSX – Recap:

We’ve also got another update on SYSX this morning, which we most recently talked about on Tuesday morning. At the time we had already tracked the stock to gains of well over a thousand percent, and once again the stock has soared to new heights. Take a look below at the range on this thing which is reached epic proportions since our first alert on Monday of last week!

Initial Alert: Apr. 25th
Range: .0046-.1128
Gained: +2352%


Extended Watchlist:
NWBO, NLST, PRCX, DVLP, KLDO, GSFI, BBIG, CYAP, OPEN, 

Even More Thousand Percent Gainers, Fresh Ideas

Options Recaps: 

Our regular readers are well aware of how seldom we have a rough day with regard to our options ideas, but we suppose we could class the start to the week yesterday as one of those times, with just one of our sets of ideas making notable moves on the day. However, a couple of the longer-term calls we formulated last week did bear considerable fruit, one of which posted percentage gains of over 1100%

So the reviews we will present now are the successful play from yesterday morning in the ON Weekly $52-54 Calls, as well as the PHG 05/20 $30-25 Puts and SHW 05/20 $260-270 Calls from last Monday and Tuesday, respectively. Here are the overall moves and total possible gains from all of those targets:

ON Weekly $52-54 Calls 
$52: 2.00-4.04(+102%)
$53: 1.50-3.50 (+133%)
$54: 1.00-2.75 (+175%)
_____

PHG 05/20 $30-25 Puts
$30:
 1.30-4.50 (+246%)
$25: .25-1.25 (+400%)
_____

SHW 05/20 $260-270 Calls
$260:
 3.30-24.40 (+639%)
$270: 1.39-16.86 (+1133%)


Fresh Options Ideas:
BP Weekly $28.50-30 Calls
EL 05/20 $250-230 Puts
DVN Weekly $58-60 Calls
SPY 05/04 $414-416 Calls


Sysorex, Inc. SYSX – Recap:

We just updated our readers on the performance of SYSX in yesterday’s report, but with the excellent new highs set by the stock during the session, it’s necessary for us to recap it once again. Another Idea from last Monday morning, it officially pushed into thousand percent territory, and then some!

Initial Alert: Apr. 25th
Range: .0046-.078
Gained: +1596%


Extended Watchlist:
PRCX, NLAB, SRMX, DVLP, BEGI, PACV, SNOA, SOUN, FTRP, HCDI