Thousand Percent SPY Gainers & More

SPY Calls Rip on Monday:

We were fairly limited yesterday morning with regard to a variety for options ideas. There were no earnings reporters on the calendar, and nothing else really jumped out at us as we were conducting our daily premarket scans. For that reason, we decided to simply go with a pair of SPY ideas for our premarket report. One which expired yesterday, and one that expires Friday.

The dailies were the SPY 10/10 $361-363 Calls, and the weeklies were the SPY 10/14 $365-367 Calls, with the shorter-term plays obviously turning in the most impressive runs. Both sets yielded gain opportunities across the board, which were as follows:

SPY 10/10 $361-363 Calls
$361: 
.17-1.88 (+1006%)
$362: .07-1.25 (+1686%)
$363: .05-.75 (+1400%)
_____

SPY 10/14 $365-367 Calls

$365: 2.84-4.42 (+56%)
$366: 2.53-3.94 (+56%)
$367: 2.23-3.56 (+59%)


Fresh Options Idea:
AZZ 10/21 $40-35 Puts 


OTC Recaps:

Golden Developing Solutions Inc. DVLP – This stock first appeared in our extended watchlist last week on the morning of the 6th, when it saw a low of .0053 and yesterday it reached .0093 for an upswing of 75%

GPO Plus Inc. GPOX – We alerted GPOZ.on October 3rd, and have now witnessed a run from .52-1.18, which represents a very respectable increase of 127%


Extended Watchlist:
GGII, PLPL, TXTM, AMPE, BEN, DICE, LASE, FORG

Stock and Options Updates, Fresh Plays

Options Review: 

Despite the fresh trading week opening up with a fizzle instead of a bang, both of the quick-strike sets of potential options targets we formulated for yesterday morning’s premarket report were still able to produce.

The targets in question were the DWAC Weekly $27-28 Calls, and the AZZ Weekly $40 Calls. The DWAC calls certainly came through as the top play of the day, while AZZ turned in relatively nominal gains. We’ll continue to monitor those for further activity as the week progress. In the meantime, the DWAC chain provided us with multiple multi-bag gain opportunities on the day:

DWAC Weekly $27-28 Calls
$27: 2.27-5.20 (+129%)
$27.50: 1.85-4.35 (+135%)
$28: 1.92-4.10 (+114%)
_____

AZZ Weekly $40 Calls
$40:
2.20-2.80 (+27%)


Fresh Options Ideas:
PEP Weekly $167.50-172.50 Calls
ETWO Weekly $7.50 Puts


Other Updates:

Cruzani, Inc. CZNI – We tagged CZNI in yesterday morning’s extended watchlist, and the stock made a respectable run to its highest PPS since October. It ran from .0005-.0009, which is a 40% increase.
____

Marijuana Strategic Ventures, Inc. MSVI – We tagged MSVI on Wednesday of last week, while the stock was trading for as low as .09, and yesterday the stock ran to .43, which represents a very nice move of 378%


Extended Watchlist: 
SRNW, ILIM, CHNC, MSVI, APTY, BNCM, GOEV, HSTO, AKAN, VS, TTWO, FWBI

Friday’s Big Movers, Fresh Targets

Fridays Big Movers: 

We finished out the week on a high note Friday, with both of the potential options plays we signaled in our premarket report posting good gains on the day. We’ve got just this week to get through, and we’ll be back in the midst of another earnings season. As most of our readers should know by now, we swear by the volatility produced by big-name earnings reporters, and it has been a long 6 weeks of the same being few and far between.

As for Friday’s ideas, we were honed in on the LEVI Weekly $17 Calls, and the WDFC 07/15 $190-185 Calls, . The Levi calls were far and away the hotter idea, but WD-40 also recorded some very nice moves for us.

LEVI Weekly $17 Calls
$17:
 .05-.47 (+840%)
_____

WDFC 07/15 $190-185 Calls
$190: 1.79-3.50 (+96%)
$185: .53-1.90 (+258%)


Fresh Options Ideas:
AZZ Weekly $40 Calls
AMK 11/18 $20 Calls
DWAC Weekly $27-28 Calls


Extended Watchlist: 
UPST, WNFT, ILIM, CHNC, SYSX, CZNI, GMPR, MSVI, PLRX, PHUN, MULN, DWAC, ITRM, TBLT, TTOO,

Blue Horseshoe Stocks: AZZ Review & More

Options Recap

Thanks to a choppy day for the markets as a whole, both of the bearish options ideas we formulated for yesterday morning’s premarket report provided opportunities that either approached or exceeded the threshold of double-bag status.

Dominos Pizza Inc. DPZ – Dominos was the primary big name earnings reporter yesterday, and we decided to tag the DPZ Weekly $235-227.50 Puts for possible swing trades after disappointing figures. Those contracts moved considerably right out of the starting gate, prior to the company announcing a massive $1B buyback program, roughly 30 minutes into the session.

$235 Calls – Range: 4.02-7.40 – Max Gain: 84%
$232.50 Calls – Range: 3.80-6.00 – Max Gain: 58%
$230 Calls – Range: 2.63-4.81 – Max Gain: 83%
$227.50 Calls – Range: 1.30-3.60 – Max Gain: 177%
_____

Azz, Inc. AZZ 

With AZZ announcing a delay to its Q2 2020 earnings report, which was scheduled for yesterday premarket, we took the initiative to signal some puts there as well. Our targets were the AZZ Weekly $45-40 Puts and those were on a serious run throughout the day.

$45 Calls – Range: 4.20-9.00 – Max Gain: 114%
$40 Calls – Range: 1.15-4.30 – Max Gain: 274%
_____

Fresh Options Ideas:
SPY Weekly $289.50-291 Calls
QGEN 11/15 $28-30 Calls 


Extended Watchlist:
OCGN, AOBC, TMDI, EROS, ACRS, TMDI

Blue Horseshoe Stocks: Bearish Options Ideas

Dominos Pizza Inc. DPZ – Options Idea

The main earnings reporter this morning is Dominos, and following missed expectations in addition to curtailed guidance, we’;re interested in formulating a near-term idea with a bearish stance.

We’re going to be looking at the DPZ Weekly $235-227.50 Puts for possible swing trades into the the end of the week.
____

Azz, Inc. AZZ 

Speaking of bearish options ideas,  we are interested in tracking some puts in the AZZ chain following the company’s delay of its Q2 2020 earnings report, which were previously scheduled for this morning.

Our targets of interest will be the AZZ Weekly $45-40 Puts.


Extended Watchlist:
CBNT, PTAH, NGM, WKHS, RGLD, PHUN, NIO

Get Our FREE Daily Reports!