GM, GIS Options Recaps & More

Options Updates:

We continue plugging away at attempting to find options plays despite having so few earnings reports to rely on as fuel, and yesterday our big name target was GM. Were were observing the GM Weekly $58-59 Calls with the stock in the midst of a pretty impressive run that has generally persisted for roughly the past month.

The stock ran pretty good out of the starting gate yesterday, and that activity allowed for some decent gain opportunities in the pair of contract sets that we were tracking. Here were the intraday runs they recorded:

GM Weekly $58-59 Calls
$58: .94-1.72 (+83%)
$59: .55-1.10 (+100%)
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For an additional update, we’ve been tracking the GIS 10/15 $55-50 Calls since the morning of September 22nd, and we wanted to swing back around to report on the new highs we witnessed in those plays. Here are the ranges and total possible gains that were registered there in recent sessions:

GIS 10/15 $55-60 Calls
$55: 3.80-6.95 (+83%)
$57.50: 1.70-4.50 (+165%)
$60: .60-2.15 (+258%)


Fresh Options Ideas:
FAST Weekly $50-52.50 Calls


Extended Watchlist:
AHFD, GRLT, CYAP, FTXP, LEAS, GMEV, SEGI, BNOW, NTRB, OCGN, RRD, GWH, CDLX

Options Recaps, Fresh Ideas & More

Final 09/22 SPY Calls Review:

As we were just mentioning yesterday morning, our tag of the SPY 09/22 $436-438 Calls in Tuesday’s premarket report, provided us with some very nice opportunities. We reported Tuesday’s gains on these contracts that expired yesterday afternoon, and cautioned that they could very well register new highs before the end of the day. That’s precisely what occurred, as the S&P made sharp advances right from the opening bell.

Slightly larger gains could have been available intraday if you *only* caught yesterday’s report, but the following figures represent the largest possible gains for those who may have taken an interest on the previous morning of our initial alert:

SPY 09/22 $436-438 Calls
$436: 1.51-4.18 (+177%)
$437: 1.15-3.25 (+183%)
$438: .84-2.42 (+188%)
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We also had a pair of fresh options trading ideas in yesterday morning’s report, in the form of the SFIX Weekly $38-41 Calls and the GIS 10/15 $55-60 Calls. Both of those ideas returned instant gratification in the form of the following intraday moves:

SFIX Weekly $38-41 Calls
$38:
 2.60-4.20 (+62%)
$39: 2.00-3.55 (+78%)
$40: 1.56-2.77 (+78%)
$41: 1.08-2.22 (+106%)
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GIS 10/15 $55-60 Calls
$55: 3.80-5.50 (+45%)
$57.50: 1.70-3.40 (+100%)
$60: .60-1.42 (+137%)


Fresh Options Ideas:
DRI 10/15 $155-160 Calls
ACN Weekly $337.50-342.50 Calls 


Extended Watchlist:
TONR, PJET, TGGI, ETEK, CFGX, WDLF, EEGI, MRM, AMHC, RNAZ, DBGI, NURO, FEDU

Key Updates, New Ideas & More

SPY Call Recap:

Our lone quick-strike options idea for the day in yesterday’s premarket report was the SPY 09/22 $436-438 Calls, with our others being October calls that need some more time to experience the kind of moves we’re looking for.

They expire today, so there’s always the chance that they will see more gains over the course of the session, but here are the moves they registered during yesterday’s.

SPY 09/22 $436-438 Calls
$436: 1.51-2.93 (+94%)
$437: 1.15-2.34 (+103%)
$438: .84-1.82 (+117%)


Solid Stock Runners: 

We have a few updates pertaining to items of interest we’ve been tracking on the stock side of things. TONR has been continually finding its way back into our reports as it sets new high after new high, and HLBZ and TGGI are a couple of others that have performed well off of our extended watchlists as well.

Tonner-One World Holdings, Inc. TONR
Initial Alert: Sept. 15th
Range: .0009-.0042
Gained: +367%
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Trans Global Group, Inc. TGGI
Initial Alert: Aug. 12th

Range: .003-.015
Gained: +400%
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Helbiz, Inc. HLBZ
Initial Alert: Sept. 15th

Range: 31.19-41.88
Gained: +34%


Fresh Options Ideas:
SFIX Weekly $38-41 Calls
GIS 10/15 $55-60 Calls 


Extended Watchlist:
MCNO, ICOA, AAPT, TGGI, FERN, NSPT, ASTI, AMLH, MRIN, AEMD, ONTX, SAVA, ATER, JZZI