Across-the-Board Options Sweep & More

A Solid Options Sweep:

We went all out in yesterday morning ‘s report with options ideas in four chains. We’re finally back into the swing of another earnings season and it feels great! We selected three off of the daily earnings calendar, and went with some SPY calls as well, and we were not disappointed in any regard.

All four of our designated targets saw appreciable intraday runs. Those were the SPY 10/20 $448-450 Calls, the NFLX Weekly $635-640 Calls, the TRV Weekly $155 Calls, and the STLD 11/19 $60-65 Calls. Some of the gains were rather modest, but they all went green for us, and here were their intraday ranges and total possible gains:

SPY 10/20 $448-450 Calls
$448: 
1.59-3.28 (+106%)
$449: 1.07-2.40 (+124%)
$450: .68-1.60 (+135%)
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NFLX Weekly $635-640 Calls
$635: 16.55-21.00 (+27%)
$640: 14.70-18.75 (+28%)
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TRV Weekly $155 Calls
$155: 4.15-5.50 (+33%)
_____

STLD 11/19 $60-65 Calls
$60: 3.20-5.70 (+78%)
$65: 1.15-2.62 (+95%)


Fresh Options Ideas: 
BIIB Weekly $270-275 Calls
ABT Weekly $122-124 Calls


Atea Pharmaceuticals, Inc. AVIR – Recap:

Also in yesterday morning’s report was a tag of AVIR, which gapped down hard in the the premarket and immediately set about filling that gap.

The stock traded in a daily range from a low of 10.76, cruised back to as high as 16.63 (+55%) and did so on massive volume to the tune of more than 34X the daily average. We will continue to track its activity under these interesting circumstances in upcoming sessions.


Extended Watchlist:
AITX, OZSC, SHMP, TONR, SEGI, MTRT, LIGA, RDUS, TRKA, CEI, LMDX

Hot Options Runners, Fresh Ideas & More

Friday’s Winning Selections: 

We’re kicking things off this week the same way we always hope to do, which is presenting the excellent gain opportunities that our Friday options ideas afforded ourselves and our readers. As usual, most of our targets yielded excellent intraday gains opportunities.

The winning plays were the AFRM 09/17 $110-120 Calls, the PLAY Weekly $37-39 Calls, and the TIGR 09/17 $12.50-15 Calls, which all fared quite well on the day. We were commenting on the fact that we’re heading into another period of a relatively thin earnings calendar, but we managed to unearthed some multibag runners nonetheless.

The ranges and total possible gains on those plays were as follows:

AFRM 09/17 $110-120 Calls
$110: 3.10-17.50 (+162%)
$115: 2.00-13.50 (+193%)
$120: 1.25-10.12 (+112%)
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PLAY Weekly $37-39 Calls
$37: .51-1.32 (+162%)
$37.50: .21-1.00 (+193%)
$38: .14-.65 (+112%)
$39: .09-.24 (+171%)
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TIGR 09/17 $12.50-15 Calls 
$12.50: 1.80-3.40 (+162%)
$15: .60-1.49 (+193%)


Fresh Options Ideas:
SPY 09/13 $446-448 Calls*
APLS 10/15 $30-40 Calls

*These calls expire at the end of the session today. Please don’t dabble in options on their day of expiration unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
ATER, LPTX, BLU, HEPA, IDGC, MAXD, ALGEF, BBBT, AGGI, HRAA, TWOH, PHIL, ETST, MTRT

Our 2000% Runner & More

Huge Moves in KC, SLQT:

As usual, to start things off this morning, we’ve got some updates on some excellent options calls we’ve made recently, both with an expiration date of next Friday.

We signaled the KC 09/17 $30-35 Calls on the morning of August 25th, and the SLQT 09/17 $7.50-10 Calls first appeared in our report last Tuesday. We have already updated readers on both of these plays, but they have both continued to press to new highs, increasing the total possible gains to which we’ve had access.

They were both multi-bag ideas already but the updated figures have really impressed, especially the KC $35’s which have soared more than 2000%. Here are those gains now: 

KC 09/17 $30-35 Calls 
$30: .60-6.00 (+900%)
$35: .10-2.40 (+2300%)

SLQT 09/17 $7.50-10 Calls
$7.50:
 1.80-5.40 (+200%)
$10: .40-2.85 (+612%)


Fresh Options Ideas: 
PATH 09/17 $65-55 Puts
COUP Weekly $265-275 Calls
KFY 09/17 $70-80 Calls
FBRX 10/15 $5-10 Calls


OTC Gainer: 

We’ve also been tracking MTRT, which had already made a considerable move for us, and has also tacked on a big new high that we wanted to relay to anyone who’s been following the stock along with us.

Metal Arts Company Inc. MTRT
1st Alert: Sept. 1st
Range: .5777-6.235
Gained: +979%


Extended Watchlist:
BRYYF, ISWH, MGUY, DRNG, TWOH, FRTN, BBIG, AEI, KDMN, GANX, IGC