Thousand Percent SPY Gainers & More

SPY Calls Rip on Monday:

We were fairly limited yesterday morning with regard to a variety for options ideas. There were no earnings reporters on the calendar, and nothing else really jumped out at us as we were conducting our daily premarket scans. For that reason, we decided to simply go with a pair of SPY ideas for our premarket report. One which expired yesterday, and one that expires Friday.

The dailies were the SPY 10/10 $361-363 Calls, and the weeklies were the SPY 10/14 $365-367 Calls, with the shorter-term plays obviously turning in the most impressive runs. Both sets yielded gain opportunities across the board, which were as follows:

SPY 10/10 $361-363 Calls
$361: 
.17-1.88 (+1006%)
$362: .07-1.25 (+1686%)
$363: .05-.75 (+1400%)
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SPY 10/14 $365-367 Calls

$365: 2.84-4.42 (+56%)
$366: 2.53-3.94 (+56%)
$367: 2.23-3.56 (+59%)


Fresh Options Idea:
AZZ 10/21 $40-35 Puts 


OTC Recaps:

Golden Developing Solutions Inc. DVLP – This stock first appeared in our extended watchlist last week on the morning of the 6th, when it saw a low of .0053 and yesterday it reached .0093 for an upswing of 75%

GPO Plus Inc. GPOX – We alerted GPOZ.on October 3rd, and have now witnessed a run from .52-1.18, which represents a very respectable increase of 127%


Extended Watchlist:
GGII, PLPL, TXTM, AMPE, BEN, DICE, LASE, FORG

Four-Pack of Fresh Options Ideas

Options Recaps:

We are going to cap off this trading week by going over some of the new highs and ranges on options plays we’ve been tracking, starting with the ideas we signaled for observation in yesterday morning’s premarket report. We’ll also go over an idea from last week that came back around for another solid run.

Yesterday’s movers were the STZ Weekly $240-237.50 Puts, and the PTON 11/04 $8.50-9.00 Calls. We called the KMX 10/21 $75-70 Puts last Thursday morning, and they geared up for another nice move this week. Here are the numbers we were working with on these ideas through yesterday’s session:

STZ Weekly $240-237.50 Puts
$240:
 5.80-12.60 (+117%)
$237.50: 4.99-9.40 (+88%)
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PTON 11/04 $8.50-9.00 Calls
$8.50: 1.12-1.32 (+18%)
$9.00: .91-1.42 (+56%)
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KMX 10/21 $75-70 Puts
$75:
5.90-9.80 (+66%)
$72.50: 5.20-7.30 (+40%)
$70: 2.75-5.99 (+118%)


Fresh Options Ideas:
SPY 10/07 $372-369 Puts
LEVI 10/21 $16-15 Puts
AXON 11/18 $120-125 Calls
ED 11/18 $82.50-85 Calls


Extended Watchlist:
BOMO, MJNA, BERI, AAWH, PLPL, TSOI, PHIL, MRMD, LUCY, HEXO, AKAN, AMBC

SPY Calls Break Out, Fresh Plays

Options Recaps: 

On the options trading front, we are making our way through the earnings drought as best we can recently, and doing a fairly good job of it if we say so ourselves. We’re in for another week-plus of this, with the days of having plenty of earnings reporters on the calendar set to return on Monday the 18th.

For now, we’ll keep plugging away and taking whatever we can get, and for yesterday’s report that came in the form of the SPY 07/06 $380-382 Calls which absolutely ripped, and the RFP 07/15 $17.50-20 Calls. Additionally, we’ve got some new highs to report in the GIS 07/15 $70-72.50 Calls which we alerted on last Wednesday.

SPY 07/06 $380-382 Calls
$380:
 1.45-5.92 (+308%)
$381: 1.05-4.85 (+362%)
$382: .67-3.85 (+477%)
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RFP 07/15 $17.50-20 Calls 

$17.50: 2.80-3.05 (+9%)
$20: .45-.70 (+56%)
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GIS 07/15 $70-72.50 Calls
$70: 
2.50-6.63 (+165%)
$72.50: 1.05-4.10 (+290%)


Fresh Options Ideas:
HELE 07/15 $160-150 Puts
SLP Weekly $55-50 Puts 


OTC Updates: 

We have a couple of OTC stocks that have been mentioned in recent extended watchlists to update readers on this morning as well. We always try to flag potential plays on the lower exchanges in our watchlists, and very often, it bears significant fruit.

We mentioned HMBL on Tuesday morning and the stock has posted an intraweek run from .048-.0992 which marks an upswing of 107%, and this past Thursday we signaled EMGE which has made a rip-roaring move of 273% from .0082-.0306 in just a week’s time.


Extended Watchlist: 
USEA, ALNA, TYDE, IINN, ANVS, ACRX, OZSC, PLPL, HWKE, BMIX