Options Review:
As promised yesterday, we’re swinging back around to the fresh options plays that we formulated in Wednesday morning’s premarket report. If you didn’t catch our special focus report on an exciting up-and-comer in the junior gold mining space, click here and check it out!
On Wednesday, we offered up a trio of options trading targets, those being the UNH Weekly $455-465 Calls, the BAC Weekly $46.50-48 Calls, and the SPY 01/19 $458 Calls. We ended up seeing some nice movement in those plays that day, which amounted to the following ranges and total potential profits for anyone who got involved.
UNH Weekly $455-465 Calls
$455: 11.30-17.00 (+50%)
$460: 6.40-16.50 (+158%)
$465: 3.69-12.01 (+225%)
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BAC Weekly $46.50-48 Calls
$46.50: .43-.95 (+121%)
$47: .23-.62 (+170%)
$47.50: .12-.34 (+183%)
$48: .05-.17(+240%)
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SPY 01/19 $458 Calls
$458: .39-1.32 (+238%)
Fresh Options Ideas:
NFLX Weekly $420-400 Puts*
ISRG Weekly $278.33-276.67 Puts*
SPY 01/21 $446-444 Puts*
*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.
Vortex Brands, Co. VTXB – Recap:
We’ve also got an update on VTXB, a stock that we tagged for observation last Thursday morning, and over the course of a week, it has performed exceptionally well for us.
From Thursday’s low of .0125, VTXB ran up as high as.0494 during yesterday’s session. With this type of momentum going, we’ll be sure to continue to monitor its activity in upcoming sessions.
Extended Watchlist:
ILUS, PHIL, AIAD, WDLF, BRBL, UNQL, BSFC, SVFD