Fresh Options Plays, Updates

Options Review:

We’ve been all over the SPY lately, playing it both short and long over the past week with great success each time. Yesterday morning we signaled some fresh bullish targets for the dailies, and were met with multibag runs on the session.

We were after the SPY 01/12 $470-472 Calls, and thanks to a gap-and-go right out of the starting gate, we got the following opportunities:

SPY 01/12 $470-472 Calls
$470: .95-2.17 (+128%)
$471: .59-1.51 (+156%)
$472: .34-.98 (+188%)

We also had a trio of other fresh plays, of which two produced instant results- the INFY 01/21 $25-26 Calls and the AMBA Weekly $157.50-162.50 Calls. We also signaled a longer-term play in some February calls on NFLX, but we’ll circle back around to those in an upcoming report. For now, these are the intraday moves posted by the INFY and AMBA targets:

INFY 01/21 $25-26 Calls
$25: 
.53-1.45 (+174%)
$26: .20-.64 (+220%)
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AMBA Weekly $157.50-162.50 Calls
$157.50: 8.49-14.10 (+66%)
$160: 3.50-5.20 (+49%)
$162.50: 2.45-4.01 (+64%)


Fresh Options:
KBH Weekly $44-46 Calls
TSM Weekly $136-139 Calls
DAL Weekly $40-42 Calls


Extended Watchlist:
BTCS, ISPC, ADGI, VYNE, OPTI, TGGI, CVSI, VTXB, QUAN, CBGL, RSHN

Another Golden Trading Week on the Books

JBL, ACN Options Gainers:

Here we are at the end of another trading week, and we’re pleased to say we’re taking it out on a high note for our Friday report this morning! We had some excellent multibag-level success with yesterday morning’s freshly generated options targets.

We were tracking the JBL Weekly $60-65 Calls, and the ACN Weekly $405-415 Calls, and witnessed some really nice intraday gain opportunities for both. Here are the total gains that could have banked off of those plays on the day:

JBL Weekly $60-65 Calls
$60:
 3.90-6.50 (+67%)
$65: .70-2.08 (+197%)
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ACN Weekly $405-415 Calls
$405: 4.91-10.49 (+114%)
$410: 2.47-7.49 (+203%)
$415: 1.28-5.02 (+292%)


Fresh Options Ideas*:
DRI Weekly $145-140 Puts
WGO Weekly $70 Calls
FDX Weekly $247.50-252.50 Calls

*Please don’t trade weekly options on a Friday unless you’re an experienced trader with access to disposable funds


Engage Mobility, Inc. ENGA – Review:

Switching gears over to the stock side of things, we have been tracking this OTC play for a little over a month, and the move it made is most definitely noteworthy.

ENGA began appearing in our extended watchlists last month on November 9th, and subsequent to that, was trading for as little as .131. This week, the stock shot out of a cannon and climbed as high as 2.55, which works out to a mega-increase of 1847%


Extended Watchlist:
AXXA, ARGQ, BLFE, MWWC, BUDZ, ADGI, SPRB, GNFT, EPAY