SPY Shorts Prevail, Fresh Ideas

Friday Options Recap:

We put up a fairly good performance on Friday, with both of the quick-strike options ideas we had formulated in our premarket report for the day recording significant movement during the session. The markets in general continued to get beat up, leaving our ideas which were both bearish, to make some pretty good headway for us.

Our winning targets were the SPY 09/16 $387-384 Puts, and the ADBE Weekly $305-300 Puts. , and while the potential gains for the day weren’t earth-shattering we’d still call the following numbers to be quite solid considering the lack of earnings ammunition we’re dealing with at present. As we always say, during dry spells for earnings we have to get a bit more creative than usual, but that will never stop us from giving it the old college try!

SPY 09/16 $387-384 Puts
$387:
 2.39-5.05 (+111%)
$386: 1.85-4.15 (+124%)
$385: 1.42-3.35 (+136%)
$384: 1.09-2.65 (+143%)
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ADBE Weekly $305-300 Puts
$305: 8.13-12.47 (+53%)
$302.50: 5.46-10.34 (+89%)
$300: 2.91-7.99 (+174%)


Fresh Options Ideas:
TTWO Weekly $119-121 Calls
FDX 10/14 $150-160 Calls
SPY 09/19 $385-383 Puts


Extended Watchlist:
SNTI, PRPL, FOXO, KOLD, KNBE, SYRS, BCAN, VNTH, RITE, ATMH, ARTH

3-Pack of Fresh Options Ideas & More

REGENXBIO, Inc. RGNX – Options Recap: 

First thing’s first this morning, we are going to highlight the moves made by a longer-term options call we made last week, in our premarket report from Tuesday morning.

Our target comprised of just one set of contracts, the RGNX 11/19 $35 Calls and the run it subsequently posted was highly impressive.

RGNX 11/19 $35 Calls
$35:
.35-1.50 (+329%)
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Fresh Options Ideas:
TSM Weekly $112-114 Calls
UNH Weekly $410-415 Calls
AA Weekly $47-50 Calls 


Japer Therapeutics, Inc. JSPR – Recap: 

Another play we alerted on last week is JSPR, a NASDAQ traded stock that we signaled as a bottom watch play as it came down off of a big time run.

JSPR found its low at 7.11, and yesterday soared back nearly to the high point from the previous run, registering a high of 18.24. That works out to an upswing of 157%


Extended Watchlist:
VPER, MWWC, GEGP, VNTH, NOHO, USMJ, GRVI, NRXP, OPAD, CETX, TSRI, KORE, PLUG

Big Time Stock and Options Rippers

More OTC Runners: 

As we were just mentioning yesterday morning, we’ve spun a relatively dry earnings period into a positive by searching out pure stock plays to supplement our content. The OTC Markets is where our story began and it’s always nice to be able to fall back on penny stocks in a pinch.

Not only that, but the OTC is about to get a lot more comprehensive and a lot less speculative, with the governing body’s move to require current filings for all listed securities, with all in non-compliance getting booted down to the Grey Sheets. It’s a very exciting time for OTC stocks and here are couple of the ones we’ve tracked to big moves this week.

Nano Mobile Healthcare, Inc. VNTH
Initial Alert:
 Aug.10th
Range:.0006-.0071
Gained: +1083%
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JZZ Technologies, Inc. JZZI
Initial Alert:
 Sept.17th
Range:.0071-.0192
Gained: +170%


CarMax, Inc. KMX – Options Recap:

The clear winner from yesterday’s report on the options side of things came by way of our bearish KMX targets. We had signaled interest in the KMX Weekly $139-135 Puts and with the help of a major down day for the stock, those ideas swept the board with multibag intraday runs.

Here are the total possible gains available yesterday to anyone who latched onto our KMX alert:

KMX Weekly $139-135 Puts
$139: 4.14-10.30 (+149%)
$138: .3.50-9.36 (+167%)
$137: 2.62-8.05 (+207%)
$136: 2.38-6.95 (+192%)
$135: 1.72-7.00 (+307%)
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Fresh Options Ideas: 
ZM Weekly $265-272.50 Calls*

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


Extended Watchlist:
BMRA, AVIR, PROG, XOM, ICOA, BRYYF, PUGE, IFXY, NSPT, SCNA, MSPC