SPY Gains, Longer-Term Plays on the Move

SPY Gains, Longer-Term Plays Popping: 

In terms of our options trading ideas from yesterday morning’s premarket report, we saw rather unimpressive performances from a couple of our ideas. However, our laser-like accuracy in dealing with the SPY continued in spades with the SPY 05/11 $402-404 Calls, so we’ve got the figures on those for you this morning.

We will also circle back around to a couple of the longer-term sets of ideas we made last week which have made some very impressive moves for us so far, and don’t expire until the end of next week. We signaled possible plays in the EL 05/20 $250-230 Puts and the FTNT 05/20 $290-310 Calls on Tuesday and Thursday, respectively, and each of them has produced major moves, which were as follows:

SPY 05/11 $402-404 Calls
$402:
 1.64-4.81 (+193%)
$403: 1.40-4.25 (+204%)
$404: 1.20-3.75 (+213%)
_____

EL 05/20 $250-230 Puts
$250: 5.29-22.87 (+332%)
$240: 2.75-13.84 (+403%)
$230: 1.45-8.50  (+486%)
_____

FTNT 05/20 $290-310 Calls
$290:
 1.15-4.60 (+300%)
$300: .75-2.75 (+267%)
$310: .45-1.45 (+222%)


Fresh Options Ideas:
EA Weekly $111-113 Calls
ALC Weekly 05/20 $65-70 Calls
COIN Weekly $65-55 Puts 


Extended Watchlist:
VERU, XCUR, ELBM, LI, EMBK, CSSE, NWBO, PRCX, DVLP, 

Perfect on Options Plays, 5-Pack of Fresh Ideas

Clean Sweep on Options Plays: 

We are always very pleased when we can formulate multiple sets of options trading ideas for our readers, and have them all turn in winning cards on the day. Yesterday’s offering included three separate sets of ideas, and we saw considerable movement in everything across the board.

We were targeting the LOGI 02/18 $75-80 Calls, the BRO 02/18 $65-70 Calls, and the AXP Weekly $160-165 Calls in our premarket report, which all recorded very nice moves- particularly the BRO $65’s, which ran extremely hard right from the opening bell and rattled off a gain of more than 1500%

The rest of our ideas also performed quite well, with the following moves and total possible gains on the day: 

LOGI 02/18 $75-80 Calls
$75: 
3.80-6.00 (+58%)
$80: 1.70-3.10 (+82%)
_____

BRO 02/18 $65-70 Calls
$65: .20-3.30 (+1550%)
$70: .25-.40 (+60%)
_____

AXP Weekly $160-165 Calls 

$160: 3.70-14.55 (+293%)
$162.50: 2.50-11.43 (+357%)
$165: 1.54-10.00 (+549%)


Fresh Options Plays:

Not only do we have more fresh options ideas for four big name earnings reporters, we’re going to flip back to the bullish side of things on the SPY and signal some calls, with the markets once again heating up.

FCX Weekly $39-41 Calls
BA Weekly $202.50-207.50 Calls
TXN Weekly $180-182.50 Calls
MSFT Weekly $300-307.50 Calls
SPY 01/26 $440-442 Calls


Extended Watchlist:
ILUS, ENZC, AIAD, RMSL, PHIL, OWUV, XELA, BBIG, XCUR, VCNX

KLAC Review, Fresh Options Plays

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. 


Extended Watchlist:
XCUR, AGRI, EVK, BSQR, VXRT, NSAV, DNRG, RSHN, KATX, DSCR, MNGG, LEAS, NHMD