Tag: MMTLP

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

A Selection of July Calls & More

Winning Options Review: 

We were pleased to start off the short trading week with a bang yesterday, getting right back on track with a couple of options trading ideas that netted some good intraday gain opportunities for anyone who was paying attention. The markets ripped all day long, so it was definitely a good time to go bullish on the SPY.

We did so with the SPY 06/21 $369-371 Calls, and we also stuck in an idea for the one earnings play that stood out to us on the day, the LEN Weekly $64-66 Calls. In both cases, the potential profits reach multibag territory. Those moves were as follows:

SPY 06/21 $369-371 Calls
$369: 3.76-7.43 (+98%)
$370: 2.88-6.52 (+126%)
$371: 2.59-5.50 (+112%)
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LEN Weekly $64-66 Calls
$64: 1.90-4.03 (+112%)
$65: 1.88-4.00 (+113%)
$66: 1.05-3.23 (+208%)

Fresh Options Ideas:

We’re in the midst of an earnings drought that is going to persist for at least a few more weeks, but we’re still trucking right along, working with what we’ve got. Today’s earnings play that stands out in the premarket is from the Winnebago chain, while we’ve also noticed some insider buying near the bottom on NLOK.

WGO 07/15 $45-50 Calls
NLOK 07/15 $24-25 Calls
FL 07/15 $31-32 Calls

Revlon, Inc. REV – Recap: 

We’ve also got an update on Revlon, which we tagged for observation on Friday morning. The stock has followed that alert up with two nice sessions in a row now. Our observed range for that period is 2.73-6.95 (+155%) This morning’s premarket high of 8.39 marks an overall increase of 207% over just a few trading days!

Extended Watchlist: 
EVSV, INTK, INQD, MMTLP, ECOX, LTCN, SIRC, KBLB, XELA, QTNT, USWS

Kicking Off a Potential-Filled Trading Week

Hydrofarm Holdings Group, Inc. HYFM – Options Update:

As a result of the relatively dry period for earnings (which will finally clear up starting next week) we’ve been formulating a lot of longer-term ideas on stocks with good technical setups. A couple of Monday’s ago, on the morning of September 27th, we signaled the HYFM 11/19 $35-40 Calls.

The stock itself saw its lows shortly thereafter, and for the past week, has been making incremental gains which have begun to produce the sort of activity that we were hoping to see.

Here are the ranges and percentage increases we’ve observed so far. With over a month still remaining prior to expiration, we wouldn’t be surprised to have to return to this one later to report further gains:

HYFM 11/19 $35-40 Calls
$35: 4.21-5.92 (+41%)
$40: 1.90-3.30 (+74%)
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Fresh Options Ideas: 
TAL Weekly $4.50-5.00 Calls
GM Weekly $58-59 Calls

Priority Aviation, Inc. PJET – Recap: 

Another play we signaled interest in toward the end of last month was PJET, which appeared in our report on the morning of September 30th, and the ensuing volatility did not disappoint.

This stock underwent a distinct dip-and-rip following our mention, going as low as .0125, before running back to .0235, for an upswing of 88% A break past .0244 this week, would put PJET into blue skies, so we’ll reserve a slot on our watchlists for it in upcoming sessions.

Extended Watchlist:
NHMD, MMTLP, IFXY, CGAC, MJWL, CFGX, SPZI, AAPT, PTGX, FLXN, TRVI, EZFL, ADMS