1800% Options Runner & More

Recap of Tuesday’s Plays:

With yesterday morning’s premarket report, it marked at least the third straight session where targets in the SPY chain have been our primary focus. We have been inclined to take the bearish path over this span, and have been rewarded for our efforts each and every day.

Yesterday we had zeroed in on the SPY 09/21 $386-385 Puts, and another of our potential plays, the APOG 10/21 $40-45 Calls also recorded some really good activity for us, including an absolutely mind-bending 1800% runner! Congratulations are most definitely in order for anyone who able to identify and take advantage of that massive mover.

SPY 09/21 $386-385 Puts
$386:
 3.68-6.22 (+69%)
$385: 3.23-5.98 (+85%)
_____

APOG 10/21 $40-45 Calls
$40:
 1.80-2.50 (+39%)
$45: .05-.95 (+1800%)


Fresh Options Ideas:
GIS 10/21 $77.50-80 Calls
MEDP 10/21 $155-165 Calls


Extended Watchlist:
HKD, RMED, BOIL, SHC, TELL, TSOI, TXTM, VNTH, BRLL, GMER, TLSS

More Options Runners, Earnings Plays

KMX, SPY Options Recaps: 

We had even more continued success with our options ideas as we reached the halfway point of this 4-day trading week yesterday, including the third successful flip on our attitudes toward the SPY, which has been very kind to us this week. The day ended with some nice results from the two sets of plays we designated for observation.

We were looking at the KMX Weekly $105-97.50 Puts, which put up some really nice figures, and the SPY 04/12 $441-444 Calls, which ran out of the gate and posted some more modest yet still very respectable gains early in the session.

The trading ranges and total potential profits that could have been banked off of those ideas were as follows: 

KMX Weekly $105-97.50 Puts
$105: 4.50-11.76 (+161%)
$100: 1.65-6.80 (+312%)
$97.50: .87-4.48 (+416%)
_____

SPY 04/12 $441-444 Calls
$441: 
3.40-5.61 (+65%)
$442: 2.82-4.89 (+73%)
$443: 2.27-4.15 (+83%)
$444: 1.80-3.46 (+92%)


Fresh Options Ideas:
JPM Weekly $129-127 Puts
BBBY Weekly $17.50-16 Puts
DAL Weekly $39.50-41 Calls 


Extended Watchlist:
KLDO, AGRX, STAB, ATRS, VIZC, ARTL, APLD, TLSS, PUGI, 

Wrapping Up a Solid Trading Week

Options Recap: 

It was a treacherous day for the markets yesterday, with the vast majority of big board stocks pulling back, but we still managed to go two for three on options ideas despite signaling calls across the board.

The two ideas that recorded notable intraday moves before falling off into the close, were the NOW Weekly $530-540 Calls, and the TSLA Weekly $930-945 Calls. Oftentimes post-earnings plays will still provide such opportunities even if they can’t sustain the momentum, which is exactly why we base most of our targets around quarterly reporters on a given day.

Here are the early moves registered by the above mentioned targets: 

NOW Weekly $530-540 Calls
$530:
 4.60-10.59 (+130%)
$535: 3.11-8.70 (+180%)
$540: 2.00-5.60 (+180%)
_____

TSLA Weekly $930-945 Calls
$930: 7.43-11.12 (+50%)
$935: 3.41-5.77 (+69%)
$940: 3.05-5.06 (+66%)
$945: 2.77-4.48 (+62%)


Fresh Options Ideas: 
SPY 01/28 $430 Puts
AAPL Weekly $165 Puts
CAT Weekly $210-207.50 Puts
V Weekly $212.50-217.50 Calls

*Please use extreme caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds


Trans Global Group, Inc. TGGI – Update:

We have also been tracking TGGI quite a bit over the past several weeks, tagging it in our extended watchlists. Since our last mention of the stock it has made a move from .0081-.0143. That works out to an overall upswing of 77%


Extended Watchlist:
SKYI, GODYF, RGBP, CGSI, TLSS, APPT, IMPP, VCNX, BOIL, KSCP