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

Wrapping Up a Top-Notch Options Trading Week

Multibag Options Runners: 

We spent the whole week going after solid options plays and as usual, found incredible success. Yesterday’s pair of fresh options ideas offered no exception to that trend, as both of them produced significant gain opportunities on the day.

We had the GME Weekly $175-165 Puts and the RH Weekly $620-635 Calls in our sights, and in each case we were met with the chance for multibag gains. Here were the figures on those ideas:

GME Weekly $175-165 Puts
$175:
 5.95-24.00 (+303%)
$170: 4.15-18.80 (+353%)
$165: 2.58-14.67 (+468%)
_____

RH Weekly $620-635 Calls
$620: 17.15-39.10 (+128%)
$625: 19.13-35.62 (+86%)
$630: 14.83-32.50 (+119%)
$635: 12.49-27.64 (+121%)


OTC Recaps: 

We’ve also got a couple of OTC-listed stocks that have appeared in our daily extended watchlists which produced some nice moves in recent sessions.

Zion Oil & Gas, Inc. ZNOG
Alerted: Nov.15th
Range: .0132-.0319
Gained: +142%
_____

iGen Networks Corp. IGEN
Alerted: Dec. 6th
Range:.0052-.0094
Gained: +81%


Fresh Options Ideas: 

All of today’s new options targets expire at the end of the session, so to include our usual disclaimer, we must caution you that only experienced traders with access to disposable funds should trade weekly options contracts on a Friday.

ORCL Weekly $97.50-100 Calls
AVGO Weekly $610-625 Calls
ASO Weekly $43.50-45 Calls


Extended Watchlist:
ASTI, BLOZF, AAPT, GTII, BLFE, PCTL, SEGI,  

SPY Yields Thousand Percent Gainers & More

SPY Calls Roll:

Up until yesterday morning, it had actually been quite some time since we had last formulated a daily trading idea for the SPY, which historically has been one of our most common targets. Despite an up-and-down session for the markets, we did observe some very nice gain opportunities in our targeted contracts.

We were looking at the SPY 09/13 $446-448 Calls due to a relative dry spell of earnings reporters that will persist for the next several weeks. It turned out to be a solid choice, with our designated range yielding three out of three multi-baggers, including two sets that ran well over a thousand percent!

Here are the total moves and possible profits provided by our selections on the day:

SPY 09/13 $446-448 Calls*
$446:
 .05-.99 (+1880%)
$447: .01-.16 (+1500%)
$448: .17-.44 (+159%)

We’ll stick with the same SPY targets but for tomorrow’s expiration, following better than expected Consumer Price Index (CPI) figures dropped this morning.


Fresh Options Ideas: 
SPY 09/15 $446-448 Calls
ORCL Weekly $87-85.50 Puts 

B 10/15 $35-45 Calls 


Extended Watchlist:
DSGT, HRAA, UPIN, INCC, IGEN, BSTK, LIFE, NNVC, JCS

OTC Roundup & More

Penny Stock Poppers: 

The first thing we are going to do today is go over the advances made this week by some of the OTC stocks that have been on our radar. With a drought of earnings reporters, it’s good to have other ways to unearth gain opportunities and we’ve done fairly well with the following slate of penny plays.

In the case of RSHN, we’ve been on its trail for months, and have seen a monster move from the super-subpenny all the way to nearly two cents! The others are picks we brought to the table just this week which have already posted multibag runs.

Below you’ll find the exact date of our initial alert on each stock, followed by the subsequent moves and total possible gains that could have been attained:

RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.019
Gained: +2275%
_____

Dark Pulse, Inc. DPLS
Alerted: June 14th
Range: .0371-.0969
Gained: +161%
_____

Bassline Products, Inc. BSSP
Alerted: June 15th
Range: .0013-.0037
Gained: +185%


Oracle Corp. ORCL – Options Review:

We also had some fresh options plays in yesterday morning’s premarket report. We were tracking the ORCL Weekly $79-77.50 Puts and after gapping down the stock continued to fall, playing right into our hands.

That range of contract sets recorded multibag moves across the board, with the following intraday gain chances:

ORCL Weekly $79-77.50 Puts
$79: 1.11-3.15 (+174%)
$78.50: .70-2.63 (+276%)
$78: .60-2.24 (+273%)
$77.50: .47-1.73 (+268%)


Fresh Options Ideas: 
JBL Weekly $50-55 Calls


Extended Watchlist:
ALYI, IMTL, SNPW, TONR, OODH, SDVI

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