Tag: SPY

Closing Out a Hugely Successful Trading Week

More New Highs for Options Ideas 

We continued tracking the options ideas that we reported on yesterday morning, as the markets ripped once again and new highs were set all the way across the board.

We had signaled each of the following ideas in Wednesday’s report, so the following updated figures represent the total ranges and possible gains over just the past two sessions:

SPY Weekly $240-245 Calls
$240: 7.31-22.76 (+211%)
$241: 6.92-21.59 (+212%)
$242: 6.27-20.86 (+233%)
$242.50: 6.20-19.47 (+214%)
$243: 5.90-20.00(+240%)
$244: 5.39-18.19 (+238%)
$245: 4.92-18.04 (+267%)
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WGO 04/17 $25-30 Calls
$25: 2.50-9.00 (+260%)
$30: 1.13-5.40 (+379%)
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NKE Weekly $78-81 Calls
$78: 2.17-9.20 (+324%)
$79: 1.98-7.78 (+292%)
$80: 1.43-7.09 (+396%)
$81: 1.23-6.25 (+408%)

More Options Recaps:

Moving right along, we also offered readers three new ideas for yesterday morning as well. We mad calls in the MU, BA, and ZM chains, and every single one of those came back a multi-bag winner as well.

MU Weekly $42.50-45 Calls
$42.50: 1.86-3.50 (+88%)
$43: 1.56-3.00 (+92%)
$43.50: 1.32-2.50 (+89%)
$44: 1.05-2.28 (+117%)
$45: .66-1.59 (+141%)
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BA Weekly $165-172.50 Calls
$165: 12.00-25.00 (+108%)
$167.50: 10.55-22.00 (+109%)
$170: 9.05-21.31 (+135%)
$172.50: 7.95-19.50 (+145%)

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ZM Weekly $140-145 Calls
$140: 5.20-9.40 (+81%)
$145: 3.40-6.42 (+89%) 

Fresh Options Ideas: 
SPY Weekly $255-253 Puts
TLRY Weekly $8-9 Calls
KBH Weekly $19-20 Calls 

*Trading weekly options on a Friday is incredibly risky and should never be attempted by beginning or intermediate level traders! 

Stacking Up the Options Trading Wins

Big-Time Options Winners

We placed three separate sets of options ideas on watch for our readers in yesterday morning’s premarket report in the SPY, WGO, and NKE chains. Thanks to a solid run out of the markets for the vast majority of the day up until just prior to the close, we saw incredible gains out of each and every contract we selected.

We continue to push through the uncertainty of the coronavirus pandemic, even as the market has been on a near-daily see-saw battle with itself. The dynamic has provided for a ton of volatility, which is of course a short-term trader’s dream, and what we thrive on. In total, we had a baker’s dozen of contracts on watch, and all thirteen recorded multibag swings on the day:

SPY Weekly $240-245 Calls
$240: 7.31-18.68 (+156%)
$241: 6.92-17.77 (+157%)
$242: 6.27-16.84 (+172%)
$242.50: 6.20-16.47 (+166%)
$243: 5.90-15.80 (+168%)
$244: 5.39-15.21 (+182%)
$245: 4.92-14.75 (+200%)
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WGO 04/17 $25-30 Calls
$25: 2.50-8.70 (+248%)
$30: 1.13-4.00 (+254%)
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NKE Weekly $78-81 Calls
$78: 2.17-6.05 (+179%)
$79: 1.98-5.05 (+155%)
$80: 1.43-4.72 (+230%)
$81: 1.23-4.10 (+233%)
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Fresh Options Ideas: 
MU Weekly $42.50-45 Calls
BA Weekly $165-172.50 Calls
ZM Weekly $140-145 Calls

Fresh Options Ideas & More

No Borders, Inc. NBDR

We opened up yesterday’s report by highlighting the 337% move from .0112-.0489 made by NBDR since we tagged it last Wednesday. It is one of a number of OTC stocks we’ve been tracking in relation to the COVID-19 pandemic response.

The stock absolutely blasted off once again during yesterday’s session, this time reaching a new high of .089. That works out to a total increase of 695% in a span of just 5 trading days! We’ve done our best to continue bringing our readers chances to make quick-strike trades for profit during this crisis, and have in fact done a fantastic job of doing so.

Options Recaps

Speaking of success quick-strike trades, we also formulated an options idea in the Virgin Galactic Holdings, Inc. (SPCE) chain yesterday morning, and were met with instant results. The stock enjoyed a solid session, as did most stocks, and it produced very respectable gain opportunities in our target range, the SPCE Weekly $13.50-16.50 Calls:

$13.50: 2.25-4.45 (+98%)
$14: 1.80-4.20 (+133%)
$15: 1.35-3.35 (+148%)
$16.50: .60-2.48 (+313%)
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Our other options idea fresh for yesterday’s report was the Direxion Daily Junior Gold Miners Index Bull 3X (ETF) JNUG Weekly $4-5 Calls. Those also produced some nice moves on the day for us:

$4.00: 1.38-2.10 (+52%)
$5.00: .89-1.47 (+65%)

Fresh Options Ideas:
SPY Weekly $240-245 Calls
WGO 04/17 $25-30 Calls
NKE Weekly $78-81 Calls

Extended Watchlist:
BSGM(>News), GALT, HAL,