Friday’s Big Winners, Fresh SPY Plays

Huge Close to Last Week:

We closed out the trading week on Friday in a big way, with both of the sets of October options targets that we signaled going on to record some quite substantial moves and total possible gains for anyone who was tracking the plays we highlighted. Additionally, we had more new highs in the STZ Puts we’d been tracking from the session, as well as a massive move from another play from Thursday morning.

All in all it was an explosion of gains in many of the targets we’ve been focused on, making for an excellent finish to the week. The specific plays we’re referring to were the SPY 10/07 $372-369 Puts and the LEVI 10/21 $16-15 Puts from Friday’s report, and the STZ Weekly $240-237.50 Puts along with the ANGO 10/21 $20 Puts from Thursday. Here are the overall moves we’ve witnessed in all of them. We had gone heavy to the bearish side, and were rewarded as such:

SPY 10/07 $372-369 Puts
$372: 
3.67-10.87 (+196%)
$371: 3.05-10.00 (+226%)
$370: 2.49-9.08 (+265%)
$369: 1.97-8.03 (+308%)
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LEVI 10/21 $16-15 Puts
$16: 1.09-2.35 (+116%)
$15: .50-1.35 (+170%)
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STZ Weekly $240-237.50 Puts
$240:
 5.80-14.41 (+148%)
$237.50: 4.99-14.50 (+191%)
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ANGO 10/21 $20 Puts
$20: .72-6.00 (+733%)


Fresh Options Ideas:
SPY 10/10 $361-363 Calls
SPY 10/14 $365-367 Calls


Extended Watchlist:
IMUX, CRKN, NURO, MMTLP, GPOX, GEGI, DVLP, TONR, BVAXF, NSAV, UNRV

Options Gains, Fresh Ideas & More

Options Review:

As we cruise right past the halfway point of this holiday shortened week, we’re heading into another period of an exceptionally meager earnings calendar. It will be more than a month before we begin to see a plethora of daily reporters, but as always we will strive our hardest to bring you quality ideas on a daily basis.

Yesterday we managed to hit on three of our four sets of new ideas, with the fourth being longer-term October calls that will need some time to realize their potential. Our successful targets were the PATH 09/17 $65-55 Puts, the COUP Weekly $265-275 Calls, and the KFY 09/17 $70-80 Calls. We got some really nice intraday activity out of each of those plays.

Here were the total moves and possible gains for traders who were on top of our alerts:

PATH 09/17 $65-55 Puts
$65:
 7.50-9.55 (+27%)
$60: 3.32-5.20 (+57%)
$55: .90-1.75 (+94%)
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COUP Weekly $265-275 Calls
$265: 2.07-4.21 (+103%)
$270: 1.27-2.74 (+116%)
$275: .78-1.75 (+124%)
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KFY 09/17 $70-80 Calls
$70:
 4.03-4.70 (+17%)
$75: .80-1.70 (+112%)
$80: .10-.35 (+250%)


Fresh Options Ideas: 
LOVE 09/17 $55-60 Calls
RH Weekly $685-695 Calls
LULU Weekly $420-435 Calls 


Extended Watchlist:
AAGC, FFZY, HEMP, ISWH, PJET, BVAXF, BSTK, PMCB, SNGX, CRDF, ENVB, GRNH