Another Pair of Options Bangers, Fresh Plays

Big Time Options Runners:

Yesterday was a very interesting day on the markets, as the Fed Meeting predictably threw an element of extreme volatility into the mix that typically helps swing traders such as ourselves and most of our readers. The activity sent the SPY 09/21 $386-385 Puts, which we signaled for observation on Tuesday morning, into an absolute frenzy of multibag movement.

We also had signaled a longer-term set of calls in the GIS 10/21 $77.50-80 Calls, yesterday morning, and General Mills bucked the trend so heavily that we didn’t even have to wait days or weeks for the idea to mature, as is often the case with our signals that have expiration dates weeks or months into the future. Those too made excellent moves during what turned out to be a very exciting trading day.

SPY 09/21 $386-385 Puts
$386:
 .73-9.03 (+1137%)
$385: .50-7.98 (+1496%)
_____

GIS 10/21 $77.50-80 Calls
$77.50:
 1.60-4.40 (+175%)
$80: .62-2.50 (+303%)


Fresh Options:
LEN Weekly $75-76 Calls
TCOM 10/21 $25-26 Calls
DRI 10/21 $125 Puts

PLUG 10/21 $25-26 Calls


Extended Watchlist:
SPRO, AVCT, BEAT, VRAX, MOHO, NYAX, PSTV, GTVI, NUGN, GTII

Five Fresh Plays to Close Out a Good Week

Solid Options Runners from Thursday:

While we didn’t quite get a clean sweep on our earnings related options ideas in yesterday morning’s premarket report, we did manage to find some fairly big runners in three out of the five selections we made for the day. The SPY Calls stood out, with the markets logging a seriously bullish session all day long, which facilitated some solid double bag runs, but the ideas we had in SNOW were the real winners.

The quick-strike targets that really produced for us were the SPY 08/26 $413-415 Calls, the SNOW Weekly $187.50-192.50 Calls, and the DLTR Weekly $155-150 Puts, which recorded the following intraday activity:

SPY 08/26 $413-415 Calls
$413: 
3.55-7.20 (+103%)
$414: 2.94-6.35 (+116%)
$415: 2.43-5.56 (+129%)
_____

SNOW Weekly $187.50-192.50 Calls
$187.50: 3.10-10.16 (+228%)
$190: 2.50-8.60 (+246%)
$192.50: 2.00-6.80 (+240%)
_____

DLTR Weekly $155-150 Puts
$155: 4.50-8.28 (+84%)
$152.50: 3.25-6.00 (+84%)
$150: 2.28-4.60 (+102%)


Fresh Options Ideas:
ULTA Weekly $425-435 Calls*
DELL 09/16 $42.50-47.50 Calls
WDAY Weekly $185-180 Puts*
JKS 09/16 $60 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders!


Extended Watchlist:
GGII, CVSI, AABB, CZNI, TGGI, FRTG, GTCH, DRUG, BXRX, AVCT, FHS

Kicking Off the Final Week of 2021!

Multibag Runner Review: 

We hope everyone enjoyed the long holiday weekend, and are ready to kick off short trading week number two! Despite the fact that there haven’t been many earnings reporters, which is typical for the holiday season, we still managed to track down some excellent gain opportunities in our premarket report on Thursday.

We signaled our interest in the SPY 12/23 $467-469 Calls, and the CROX 01/21 $150-155 Calls, and got some very nice intraday results from both sets of ideas. We’ve also got some figures for the moves made by the SNAP 01/28 $50-53 Calls we formulated in our report from last Monday morning

SPY 12/23 $467-469 Calls
$467:
 2.05-5.17 (+152%)
$468: 1.29-4.23 (+228%)
$469: .78-3.25 (+317%)
_____

CROX 01/21 $150-155 Calls
$150: 
.90-1.90 (+111%)
$155: .64-1.40 (+119%)
_____

SNAP 01/28 $50-53 Calls 
$50: 1.10-2.56 (+133%)
$51: 1.03-2.10 (+104%)
$52: .81-1.82 (+123%)
$53: .69-1.50 (+117%)


Fresh Options Ideas:
SFIX 02/04 $21-23 Calls 

SPY 12/27 $471-473 Calls 


South Beach Spirits, Inc. SBES:

We also wanted to provide a quick update on SBES, a stock which we tagged for observation the week before last on the morning of the 16th. This subpenny runner made quite a move subsequent to our alert, trading up from a low of .0017 and running as high .0051 last week. That works out to an overall move of 200%


Extended Watchlist:
AABB, ENZC, USEI, VYGVF, SYAAF, GTII, BCHG, SMURF, FERN GOFF, MBOT, AVCT, GNCA, NKLA