Tuesday’s Recaps, Today’s Fresh Ideas

Recap For Tuesday Plays:

While the markets certainly pulled a head fake yesterday, stair-stepping down for the majority of the session after an early morning gap-up, we still managed to see some marginal gain opportunities in the daily options ideas we put in yesterday’s premarket report. While the gain chances in the SPY and others were slightly muted compared to what we usually achieve, our FLNC Calls clearly stole the show with an excellent multibag performance.

Our specific areas of interest for Tuesday were the SPY 12/13 $407-410 Calls, the ORCL Weekly $82.50-85 Calls, the CNM Weekly $22.50 Calls, and the FLNC Weekly $17.50 Calls. The rundown of the moves they and the total possible profits associated with those, were as follows:

SPY 12/13 $407-410 Calls
$407:
2.40-3.88 (+62%)
$408: 1.88-3.16 (+68%)
$409: 1.47-2.53 (+72%)
$410: 1.12-1.97 (+76%)
_____

ORCL Weekly $82.50-85 Calls
$82.50:
 .34-.52 (+53%)
$83:.26-.45 (+73%)
$84: .15-.30 (+100%)
$85: .10-.19 (+90%)

CNM Weekly $22.50 Calls
$22.50:
.20-.35 (+75%)

FLNC Weekly $17.50 Calls

$17.50: 1.95-5.50 (+182%)


Fresh Options Ideas:
STNG Weekly $55 Calls
PLUG Weekly $14-15 Calls 


Extended Watchlist:
VIZC, ZCTSF, HNRC, ADHC, UATG, MAPT, NBLD, VLON, MLGO, CRKN, IMMX, KYMR, RNA

Recapping Options Runners, Fresh Plays

Markets Rip on Monday:

We were a little light on options activity with one of the two ideas we signaled in yesterday’s report, but fortunately for us, the day was marked by a sizable surge in the markets. That not only sent our SPY 12/12 $393-394 Calls for the day on a major run, but we saw new highs in several of the December 16th Calls we’ve been tracking in other chains in recent weeks.

We signaled the SMAR 12/16 $35-40 Calls for observation on December 2nd, and both the GTLB 12/16 $45 Calls and the FERG 12/16 $115-120 Calls we targeted on the 6th. Here are the full breakdowns of yesterday’s SPY’s, and the performance of the other plays over the aforementioned date ranges:

SPY 12/12 $393-394 Calls
$393:
1.50-5.82 (+288%)
$394: .97-4.86 (+401%)
_____

SMAR 12/16 $35-40 Calls

$35: 1.55-5.70 (+268%)
$40: .34-1.80 (+429%)
_____

GTLB 12/16 $45 Calls
$45: .90-4.81 (+434%)
_____

FERG 12/16 $115-120 Calls
$115:
3.30-9.70 (+194%)
$120: 1.70-8.20 (+382%)


Fresh Options Ideas:
SPY 12/13 $407-410 Calls*
ORCL Weekly $82.50-85 Calls
CNM Weekly $22.50 Calls
FLNC Weekly $17.50 Calls

*Please don’t trade options on their day of expiration unless you are an experienced trader! 


Extended Watchlist:
CYBL, ADHC, YCRM, PHIL, LCLP, FORZ, SOXL, JZXN, MGTA, NCPL, STRY, MRNA, OPGN, FFIE

Sustained Options Success, Fresh Plays

Solid Day for Options: 

While the markets still had a down day overall yesterday, they did open higher in the morning and exhibited some good volatility and decent intraday upswings. That activity aided our daily options trading selections, which put up some nice figures, and the chance for ourselves and our readers to take advantage.

Our designated targets for the day were the ORCL Weekly $70-72.50 Calls, the COP Weekly $110-112 Calls, and the FERG Weekly $100-110 Calls. We saw positive movement out of every individual contract set in those ranges with the one exception of the FERG $100’s, which didn’t register much activity. The other nine sets produced the following gain opportunities:

ORCL Weekly $70-72.50 Calls
$70: 
1.11-2.14 (+93%)
$71: .71-1.55 (+118%)
$72: .45-1.06 (+136%)
$72.50: .39-.86 (+121%)
_____

COP Weekly $110-112 Calls
$110: 4.19-6.23 (+49%)
$111: 3.75-4.86 (+30%)
$112: 1.55-2.11 (+36%)
_____

FERG Weekly $105-110 Calls
$105: 5.10-7.30 (+43%)
$110: 2.15-2.60 (+21%)


Fresh Options Ideas:
SPY 06/15 $374-376 Calls*
FISV 07/29 $92-93 Calls
PCOR 07/15 $45-50 Calls

*Trading options on their day of expiration carries a higher risk level and should only be attempted by seasoned options traders.


ProText Mobility, Inc. TXTM – Update:

We just updated our readers on the recent movements of TXTM in yesterday’s premarket report, which we had seen run from a low of .0016 to .0049, and yesterday brought another session of huge volume and new highs for the stock, which hit .0073. That brings our overall observed range on TXTM to an impressive 356%


Using the SPY to Our Advantage, 3 Fresh Ideas

SPY Puts Surge: 

Once again yesterday, the markets losses are our gains. Our lone options trading idea for the day focused upon a dim view of the SPY, and with another precipitous decline for stocks, we hit the nail right on the head. This is among the reasons why our readers see SPY plays in our newsletters on a highly regular basis, as it tends to be easier to predict the actions of the markets as a whole than it is do so the same for just one. The SPY also sees a lot of intraday volatility which can often lead to opportunities on both sides of the fence in a single session.

In terms of yesterday morning, due to a bit of a drought of earnings reporters, our premarket report contained only one idea, which was the SPY 06/13 $385-383 Puts. Those targets offered up the chance at the following really nice intraday profit chances:

 SPY 06/13 $385-383 Puts
$385: 4.24-11.01 (+160%)
$384: 3.46-10.50 (+203%)
$383: 2.84-9.67 (+240%)


Fresh Options Ideas:
ORCL Weekly $70-72.50 Calls
COP Weekly $110-112 Calls
FERG Weekly $100-110 Calls


ProText Mobility, Inc. TXTM – Recap:

We also wanted to provide a quick recap on the run in TXTM yesterday. We last flagged this play for observation in an extended watchlist a few weeks back, subsequent to which the stock was trading for as little as .0016. Yesterday, on an immense amount of volume, the stock surged as high as .0049, which marks a 206% swing over our observed low.


Extended Watchlist:
KAVL, SLNO, EMBK, GMVD, SONM, CLVS, LTCN, SIRC, BCHG, BMIX, LICY

Kicking Off a Fresh Trading Week

Winning Options Targets: 

We are ready to hop right back in the saddle on this lovely Monday morning to kick off another exciting week of options trading. Last week brought many opportunities for daily success, and things finished off on a particularly high note for the three sets of options ideas that we had formulated for our readers in Friday morning’s premarket report.

We were interested in tracking the ORCL Weekly $97.50-100 Calls, the AVGO Weekly $610-625 Calls, and the ASO Weekly $43.50-45 Calls. and all of those recorded multibag intraday runs. Here are the ranges and total possible gains of those moves:

ORCL Weekly $97.50-100 Calls
$97.50:
 3.00-6.25 (+108%)
$98: 2.61-5.30 (+103%)
$98.50: 2.13-4.55 (+114%)
$99: 1.74-4.22 (+143%)
$100: 1.08-3.75 (+247%)
______

AVGO Weekly $610-625 Calls
$610:
 11.10-35.54 (+220%)
$615: 9.72-28.34 (+191%)
$620: 4.40-24.70 (+461%)
$625: 3.66-19.68 (+438%)
______

ASO Weekly $43.50-45 Calls

$620: .48-3.55 (+640%)
$625: .30-3.32 (+1006%)
$630: .15-2.30 (+1433%)


Fresh Options Ideas:

We’ve got a couple of longer term ideas with expiration dates next month to add to the mix this morning. We’ll track these over the next few weeks, and we’ll also go with some daily SPY Calls for a quick strike idea.

TSM 01/07 $122-124 Calls
NTP 01/22 $13-14 Calls
SPY 12/13 $470-471 Calls


Extended Watchlist:
EVBG, BLU, PTPI, FHTX, ARNA, EVBG, IGEN, TONR, KYNC, VYUS, ICNM, DSCR

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