We’ve been all over the SPY lately, playing it both short and long over the past week with great success each time. Yesterday morning we signaled some fresh bullish targets for the dailies, and were met with multibag runs on the session.
We were after the SPY 01/12 $470-472 Calls, and thanks to a gap-and-go right out of the starting gate, we got the following opportunities:
SPY 01/12 $470-472 Calls
$470: .95-2.17 (+128%)
$471: .59-1.51 (+156%)
$472: .34-.98 (+188%)
We also had a trio of other fresh plays, of which two produced instant results- the INFY 01/21 $25-26 Calls and the AMBA Weekly $157.50-162.50 Calls. We also signaled a longer-term play in some February calls on NFLX, but we’ll circle back around to those in an upcoming report. For now, these are the intraday moves posted by the INFY and AMBA targets:
INFY 01/21 $25-26 Calls
$25: .53-1.45 (+174%)
$26: .20-.64 (+220%)
AMBA Weekly $157.50-162.50 Calls
$157.50: 8.49-14.10 (+66%)
$160: 3.50-5.20 (+49%)
$162.50: 2.45-4.01 (+64%)
KBH Weekly $44-46 Calls
TSM Weekly $136-139 Calls
DAL Weekly $40-42 Calls
BTCS, ISPC, ADGI, VYNE, OPTI, TGGI, CVSI, VTXB, QUAN, CBGL, RSHN
Tyson Semiconductor Manufacturing Ltd. TSM:
We’ve been tracking TSM since December 13th when we signaled the TSM 01/07 $122-124 Calls, and while the stock did taper with the markets at large yesterday, we did want to swing back around to report on the incredible new highs our ideas had attained this week, which absolutely dwarf those of our last update on them last week on the 28th.
Here are the astronomical moves we have witnessed in those contract sets, which include our second thousand percent gainer of the year, less than a week into 2022!
TSM 01/07 $122-124 Calls
$122: .98-8.40 (+757%)
$123: .70-8.25 (+1079%)
$124: .70-6.50 (+829%)
It has been a hard trudge through an earnings-less desert over the past several weeks as we navigated the holiday season. Finally, this morning we’ve got our first sizable batch of earnings reporters of 2022, and in the next few weeks, many more are slated to drop their quarterly figures.
It’s typical to deal with earnings dry periods and we managed quite well over the extended holiday dip finding other targets of interest like the one listed above. Here are the potential targets off of today’s calendar that are piquing our interest.
BBBY Weekly $14-15 Calls
LW 01/21 $65 Calls
WBA Weekly $54-56 Calls
FRLN, ATHE, PSTV, KAVL, APCX, RSHN, RLFTF, GMER, SAPX
KLA Corp. KLAC – Recap:
We signaled a range a options plays for Friday’s session in our premarket report, and while they all saw positive moves, KLAC was the clear standout, which sustained its gains over a much longer period.
We were tracking the KLAC Weekly $330-340 Calls and following the company’s earnings beat, the stock was propelled from a low of 335.56-348.16 on the day, and that facilitated some elite single-session gain opportunities for us and our readers. This comes just weeks after it was reported that hedge fund interest in the company was on the rise.
Here were the big time daily moves posted by our designated targets in the KLAC options chain on Friday:
KLAC Weekly $330-340 Calls
$330: 6.00-22.90 (+282%)
$332.50: 13.97-22.00 (+57%)
$335: 4.20-17.40 (+314%)
$337.50: 1.95-16.85 (+764%)
$340: 2.40-14.00 (+483%)
Fresh Options Ideas:
SPY 08/02 $439-441 Calls*
ON Weekly $41.50-43 Calls
*Please note that these calls expire at the end of the day today, and only advanced level traders should attempt to trade options on the day of their expiration.
XCUR, AGRI, EVK, BSQR, VXRT, NSAV, DNRG, RSHN, KATX, DSCR, MNGG, LEAS, NHMD