Another Excellent Trading Week on the Books

Another Positive Options Performance: 

On Wednesday morning, we initiated coverage on a set of SPY Calls, the SPY 10/08 $430-431 Calls which provided instant results, as we were mentioning yesterday. In fact, those fared so well that rolled up to include the SPY 10/08 $436-438 Calls on our watchlist as well.

With yet another bullish session posted by the S&P, we saw impressive new highs in our previously tracked plays as well as some solid single session runs recorded by the updates strikes as well. The moves and total possible gains on all of those contract sets breaks down as follows:

SPY 10/08 $430-431 Calls
$430:
 2.24-11.17 (+399%)
$431: 1.82-10.77 (+492%)

SPY 10/08 $436-438 Calls
$436: 3.53-6.15 (+74%)
$437: 2.60-5.35 (+106%)
$437.50: 2.44-4.88 (+100%)
$438: 2.32-4.50 (+94%)

Our other two freshly formulated options plays from yesterday’s report were in the LEVI and HELE chains, and we got some positive activity on the day from those plays as well:

LEVI 10/15 $25-26 Calls
$25: .90-2.01 (+123%)
$26: .50-1.20 (+140%)
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HELE 10/15 $220-230 Call
$220: 13.54-17.50 (+29%)
$230: 5.10-8.50 (+67%)


Fresh Options Idea:
TPTX 11/19 $45-50 Calls


American Leisure Holdings, Inc. AMLH  – Recap: 

To wrap things up during what has been an immensely successful trading week for both options and stocks, we have an update on AMLH. We flagged this play for observation for the first time on Sept. 22nd, and since then it has exhibited a multibag run. From our observed low of .0026, yesterday’s new high of .0074 works out to an increase of 185%


Extended Watchlist:
ENZC, PUGE, CYBL, NBRI, TGGI, NHMD, CBGL, CEI, CCXI, SNDL, EFTR, DATS, PRLD

Big Options Gainers, New Ideas & More

SPY, PEP Options Reviews: 

Yesterday morning, in addition to providing an update on our running idea in the Pepsi options chain, we also included a fresh idea in the SPY. The markets ripped into the close, and facilitated some excellent intraday gain chances for both the PEP targets as well as our SPY ideas.

We’ve got fresh new highs on all of those, and in addition to a couple of earnings plays for new interests today, we’re also going to roll up to include some higher strike points for the SPY. Here are the two day gains on PEP and the single session moves on yesterday’s SPY calls:

PEP Weekly $149-152.50 Calls
$149:
 1.84-6.12 (+232%)
$150: 1.19-4.95 (+316%)
$152.50: .28-2.84 (+914%)
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SPY 10/08 $430-431 Calls
$430:
 2.24-6.19 (+176%)
$431: 1.82-5.44 (+199%)

The markets look primed for more interesting activity as we head into week’s end, so as we mentioned above, we’rte going to roll up on the SPY to include tomorrow’s 10/08 $436-438 Calls.


Fresh Options Ideas:
HELE 10/15 $220-230 Calls
LEVI 10/15 $25-26 Calls 


Cyber Apps World, Inc. CYAP – Review: 

Lastly, we have to circle back for an OTC update on CYAP, a stock we tagged in Tuesday’s premarket report. It has posted new highs, broken through from subpenny to penny stock pricing, and reached double-bag status.

Our observed low on CYAP Tuesday was .0052, and as of yesterday’s top mark of .0125, that represents an overnight run of 140%


Extended Watchlist:
CEI, BBIG, CYRN, NURO, AMLH, VBHI, IFXY, SPZI, BNOW, CGAC

4-Pack of Options Ideas

NIO, Inc. NIO 

We tagged NIO for obserrvation to start the week on Monday, and it did end up making a notable run following that report. We saw a low of 10.70, and yesterday it hit a high of 15.28. That marks a three-session swing of 43% which we would consider decent volatility for a $10+ stock.

NIO did taper back into the close, but we will continue to monitor its activity. If it can continue to register higher lows, we won’t yet consider its run finished.


Fresh Options Ideas: 

We were in an earnings dry spell for a few weeks there, but slowly we’re beginning to see more big names coming across the calendar. This morning for earnings ideas we’ve got our sights set on a bullish and one bearish target. 

On Helen of Troy Ltd. HELE, which posted a solid beat, we’re going to focus on the HELE 07/17 $210-220 Calls.

Walgreens Boots Alliance, Inc. WBA didn’t fare as well in the last quarter as was expected of it, and we’re feeling like a short in this case might be the way to go, so we’ll tag the WBA Weekly $42-40.50 Puts.
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Even More New Ideas:
BABA Weekly $260-270 Calls
NKLA Weekly $54-57 Calls


Extended Watchlist:
SEGN, VAPR, VYST, DECN, PKE

Blue Horseshoe Stocks: SPY Puts Recap & More

SPDR S&P 500 ETF (SPY) – Review

We went bearish on the SPY yesterday morning, and offered up a set of corresponding ideas in the options chain. We signaled our interest in the SPY 10/08 $288.50-$287.50 Puts which just had the one session before expiration.

It turned out to be a great rapid-strike play for anyone who cared to take advantage. Every single contract in our designated group produced legitimately impressive multi-bag intraday gain opportunities.

$288.50 Puts – Range: .71-2.90 – Max Gain: 308%
$288 Puts – Range: .47-2.50 – Max Gain: 432%
$287.50 Puts – Range: .31-2.00 – Max Gain: 545%


Kala Pharmaceuticals, Inc. KALA

Catching our eye as a potential bottom bounce play this morning is KALA, which is presently exhibiting all of the bottom play indicators we typically look for. The RSI is in indicating that the stock is oversold, but with strength rising, and the MACD is sharply converging toward an impending cross.

Meanwhile the PPS showed its first inclination yesterday of attempting to fill in the topside gap we can also plainly see on the snapshot below. We’re going yto place the stock on watch for a continued rebound, and also tag the KALA 01/18 $10 & 12.50 Calls for observation in the days and weeks ahead.





CorMedix, Inc. CRMD

We placed CRMD on watch beginning on last Monday, October 1st, and subsequent to that report, would observe a low of 1.06 in the stock. Yesterday, CRMD attained a new high of 1.65, marking a notable 56% upswing in just a weeks time.


Extended Watchlist: 
CZNI, AGRX, OGEN, MOSY, HELE, PYX, DGLY

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