Weekly Option Plays Newsletter
Covering High Return Balanced Investing Success Strategies For
Stocks ¦ Options ¦ Precious Metals ¦ Currencies ¦ International Markets ¦ ETF’s
A Publication of Weekly Option Plays, Inc. (www.Weeklyoptionplays.com)
Our Weekly Alerts for MAY20-MAY24 recorded 78.2% with 10 HITS and 8 Profitable trades. PCLN,CTSH,GLD,FAS,SLV,MA,AAPL,BIDU gave Multibaggers. Total 18/23 picks have hit my targets and produced profitable results with accuracy of 78.2%. We are back to our winning picks with as many as 9 picks giving more than 100% gains. Market has continued its strong upside momentum most of last week and this week until Wednesday when Dow Jones DJI hit the resistance at 15500.
Multibaggers Plays in this week-
PCLN Calls-1000%+ move from 791 to 846 for May 24th Weekly
CTSH Calls-300% move from 62.2 to 66.4 for May24th Weekly
GLD Calls-200% move from 133 to 136 for May 24th Weekly
FAS Calls-500% move from 68 to 73.5 for May 24th Weekly
SLV Calls-150% move from 21.77 to 22.5 for May 24th Weekly
MA Calls-1000% move from 571 to 585 for May 18th Weekly
AAPL Calls-300% move from 424 to 437 for May 18th Weekly
AAPL Calls-500% move from 425 to 448.5 for May 24th Weekly
BIDU Calls-600% move from 92.5 to 100.5 for May 24th Weekly
Below are our picks which hit and missed.
1)NFLX 255 Calls May 18th Expiry Entry Premium-.68 PROFITABLE TRADE
2)NFLX 260 Calls May 18th Expiry Entry Premium-.39 PROFITABLE TRADE
3)NFLX 285 Calls May 24th Expiry Entry Premium-.45 MISS
4)TSLA 100 Calls May 18th Expiry Entry Premium-On Open PROFITABLE TRADE
5)CMG 385 Calls May 18th Expiry Entry Premium-.40 MISS
6)GMCR 85 Calls Jun 22 Expiry Entry Premium-2.05 PROFITABLE TRADE
7)AAPL 435 Calls May 18th Expiry Entry Premium-2.07 HIT
8)AAPL 450 Calls May 24 Expiry Entry Premium-2.5 HIT
9)MA 580 Calls May 18th Expiry Entry Premium-1.28 HIT
10)MA 610 Calls Jun 22 Expiry Entry Premium-1.99 MISS
11)V 190 Calls Jun 22 Expiry Entry Premium-1.38 PROFITABLE TRADE
12)GOOG 930 Calls May 24 Expiry Entry Premium-6.7 PROFITABLE TRADE
13)PCLN 820 Calls May 18th Expiry Entry Premium-2.00 MISS
14)LNKD 195 Calls May 18th Expiry Entry Premium-.19 PROFITABLE TRADE
15)BIDU 97.5 Calls May 24th Expiry Entry Premium-.82 HIT
16)SBUX 70 Calls Jun 22th Expiry Entry Premium-.11 MISS
17)BAC 14 Calls May 24th Expiry Entry Premium-.05 PROFITABLE TRADE
18)SLV 22 Calls May 24thExpiry Entry Premium-.40 HIT
19)GLD 136 Calls May 24th Expiry Entry Premium-2.03 HIT
20)FAS 70 Calls May 24th Expiry Entry Premium-2.75 HIT
21)VXX 19 Calls May 24th HIT
22)PCLN 800 Puts May 24th HIT
23)CTSH 67.5 Calls May 24th HIT
At WOP we have few Multi Baggers coming out of Weekly Picks Every week.
PCLN Calls-1000%+ move from 791 to 846 for May 24th Weekly
CTSH Calls-300% move from 62.2 to 66.4 for May24th Weekly
GLD Calls-200% move from 133 to 136 for May 24th Weekly
FAS Calls-500% move from 68 to 73.5 for May 24th Weekly
SLV Calls-150% move from 21.77 to 22.5 for May 24th Weekly
MA Calls-1000% move from 571 to 585 for May 18th Weekly
AAPL Calls-300% move from 424 to 437 for May 18th Weekly
AAPL Calls-500% move from 425 to 448.5 for May 24th Weekly
BIDU Calls-600% move from 92.5 to 100.5 for May 24th Weekly
AMZN-270 Puts up 600%
JCP Calls- easy 3-4 bagger from 14.5 to 16.7
CELG Calls- from 108 to 113 easy 2-3 bagger
CMG Puts-From 335 to 317 Up 100%+
PCLN Puts- 730 to 717 easy winner more than 100%
ISRG Calls - 455 to 502 -1000%
LNKD Calls-172 to 180-2900%
NFLX 190 Calls-400%
CMG 335 Calls-2200%
SPWR 9.5 Calls-2300%
PCLN 730 calls Up- 9300%
PCLN 700 Puts- more than 300% when it moved from 710 to 690
GOOG from 766 to 800 - 200%+
IBM from 210 to 190- 400% Up
HPQ from 21 to 19.5- Subscribers booked 1300% gains
CTSH from 71 to 68.5-100%+
AAPL from 405 to 390-100%+
UVXY from 6.6 to 8.95-500%
BAC from 12.2 to 11.4-100%+
IBM Puts 205-HIT move from 210 to 187 IBM Up 2000%
GOOG Calls 800-HIT move from 764 to 817 Goog Up 300%
CTSH Puts 70-HIT move from 71.5 to 61.3 70 Puts Up 1000%
EBAY PUTS 55-HIT move from 54 to 51.3 100%+ move
MA PUTS 515-HIT profitable trade from 529 to 520 100%+ move
UVXY Calls 8- HIT move from 6.8 to 8.8 500% move
HPQ Puts 20-HIT move from 21 t0 19.5 100% move
PCLN PUTS 700-HIT move from 710 to 678-1500% move
HD Calls 73.5-HIT move from 74 to 74.4 100%+ move
INFY Puts 40- HIT move from 41.9 to 40 100% move
Track Record of Weekly Alerts:
1)MAY20-MAY24 18/23 78.2%
2)MAY13-MAY17 17/21 81%
3)MAY6-MAY10 14/21 66%
4)APR26-MAY3 19/21 90.5%
5)APR22-APR26 18/21 85%
6)APR15-APR19 17/21 81%
7)APR5-APR12 20/21 95%
8)APR-APR5 18/23 79%
9)MARCH 25-MARCH 29 17/22 81.22%
10)MARCH 18-MARCH 22 21/26 80.96%
11)MARCH11- MARCH 15 15/21 71.4%
12)MARCH5-MARCH 8 17/21 80.95%
13)FEB25-MARCH 1 17/21 80.95%
14)FEB18- FEB 22 17/21 80.95%
15)FEB1 - FEB 15 14/20 70%
16)FEB4T-FEB 8 16/21 76%
17)JAN 22 - JAN 25 7/10 70%
Note:
I am offering my subscription at 50% discount@ $39.99/month for next 25 customers hurry up only 10 left now email me sasi.admn@gmail.com
At WOP we are working 24/7 weekdays and weekends. We continue to look for Options and stocks that have momentum, directional plays that had corrections to buy, and we will continue to take profits (probably a little early) and continue to build equity for those who follow our recommendations and abide by the rules.
Market Updates
==================
AT WOP We religiously follow market directions and will alert our subscribers and our viewers when it is time for the Market for a healthy market correction or start of a big correction in the market. For now it’s not definitely not the time to bet on bearish side. We will continue to see the same pattern Market where it will continue its gradual ascend with a healthy pullback when it hits the Resistance Points. Currently Dow Jones is seeing Resistance at 15500 like we did at 14500, 15000 levels. We will eventually get past 15500 resistance to touch 16000 in June.
Last week Bernanke reconfirmed that Fed would keep buying $85B of bonds monthly until it was confident of reducing unemployment, and the scale of the purchases might be increased or decreased if warranted by better or worse data. Immediately with the concerns about Fed tapering, the Nikkei fell 7.3% in Thursday's session, the biggest slide in the market since the 2011 tsunami disaster and DJI recovered well from lows of 15180 to finish at 15303. For the week, the DJIA fell 0.3% from the highs of 15500, S&P500 and Nasdaq each lost 1.1%, VIX volatility index popped 13%.
Precious Metals traded lower early in the week SLV in 21 and GLD 131. At WOP we gave SLV 22 Calls and GLD 136 Calls by Bernanke’s statements GLD has reached 136 and SLV 22.5 giving top dollars to my subscribers. We will see Gold and Silver range based Gold in 1350-1425 and Silver 22-23. It is Clearly evident the Silver prices and Gold are valued much more than their current levels. We have to wait and watch if there is scope for more downside. At WOP we feel GOLD/SILVER current prices are screaming buy either in Physical/Stocks or options. We advise to take 6months-1 yr. faraway contracts. Silver will be trading at over $50 in years to come. Precious Metals like AAPL stock will ultimately do good in years ahead.
EUR/USD pair is volatile due to Bernanke's comments, initially trading as high as 1.3000 before dropping to 1.2825.The pair is now trading at 1.2930.
During this week GOOG has overpowered 900 mark to reach high’s of 920. GOOG will be consolidating in 900-920 range for its next leg up in June. We are looking at 1000 to be breached in June to next stop around 1000-1025.
On the other hand AAPL did lot better on market down days of this week by staying Green. At WOP we had 2 weekly calls for 435 May18 Calls and 450 May 24 Calls both hitting the targets which gave top dollars to my subscribers. AAPL has lost its brand value as top company and will continue to be range bound in 425-475/480. Unless AAPL reinvents itself by a top notch product AAPL will not see a bullish setup into previous levels of 600-700 range. For now it is pretty safe to play AAPL on both bearish and bullish sides when AAPL reaches those Max, Min PPS.
PCLN has reached new highs at 848 and currently trading at 802, needs to consolidate in 800-820 range.
Another ticker to watch is American IT Services company CTSH head quartered in Teaneack,NJ. Cognizant has grown by leaps and bounds in less than 5 yrs it has grown from a 2Billion company to Almost 10Billion by this year. For the first time Cognizant gave a 2Billion+ revenues in Q1 2013. In Past 3-4 years Cognizant has recorded 30-40% YOY growth and currently at a very healthy 18-20% YOY growth. Cognizant currently trading at 63.5 is very cheap in short term or in longterm with Trading Range 62-70.
Next week we have our key dates below:
Monday, May 27 Memorial Day—U.S. Financial Markets Closed
Tuesday, May 28 13- & 26-Week Treasury Bill Auction
Thursday, May 30 Initial Unemployment Claims-8:30
Weekly Fed Data-4:30
Corporate Profits, 1Q13 (Preliminary)
Gross Domestic Product, 1Q13 (Preliminary)
Friday, May 31 Personal Income and Outlays, April-8:30
Agricultural Prices
Sector summary
Sector Change % down / up
Basic Materials
-0.71%
Capital Goods
-0.25%
Conglomerates
-0.01%
Cons. Cyclical
-1.60%
Cons. Non-Cyclical
+0.35%
Energy
-0.43%
Financial
-0.30%
Healthcare
+0.15%
Services
-0.21%
Technology
-0.17%
Transportation
-0.09%
Utilities
-0.75%
Below is snapshot of World Markets/Currencies/Bonds World markets
Shanghai
2,293.08 +4.54 (0.20%)
Nikkei 225
14,142.65 -469.80 (-3.22%)
Hang Seng Index
22,686.05 +67.38 (0.30%)
TSEC
8,280.10 +70.32 (0.86%)
FTSE 100
6,654.34 -42.45 (-0.63%)
EURO STOXX 50
2,795.00 +30.71 (1.11%)
CAC 40
3,995.16 +38.37 (0.97%)
S&P TSX
12,696.37 +29.15 (0.23%)
S&P/ASX 200
4,959.90 -23.60 (-0.47%)
BSE Sensex
20,030.77 +326.44 (1.66%)
KOSPI
1,979.97 +6.52 (0.33%)
Currencies
EUR/USD
1.2934 +0.0024 (0.19%)
USD/JPY
101.0900 -1.2600 (-1.23%)
GBP/USD
1.5104 -0.0067 (-0.44%)
USD/CAD
1.0333 +0.0056 (0.54%)
USD/HKD
7.7637 +0.0029 (0.04%)
USD/CNY
6.1211 -0.0145 (-0.24%)
AUD/USD
0.9636 -0.0169 (-1.72%)
Bonds
3 Month 0.01% 0.00 (0.00%)
6 Month 0.06% 0.00 (0.00%)
2 Year 0.24% 0.00 (0.00%)
5 Year 0.89% +0.01 (1.14%)
10 Year 2.01% +0.02 (1.01%)
30 Year 3.17% +0.01 (0.32%
Below are Charts for SPY/QQQ/DIA
SPY Chart
QQQ Chart
DIA Chart
Options under Radar
FB 24 Puts May 31 Exp
VVUS 15 Calls May 31 Exp
CTSH 65 Calls June 22 Exp
MAY Market Data Key Dates:
Economic Calendar May 2013
Date Event
Wednesday, May 1 FOMC Meeting
Construction Expenditures, March-10:00
ISM’s Purchasing Manager’s Index (Manufacturing), April-10:00
Thursday, May 2 Initial Unemployment Claims-8:30
Merchandise Trade Balance, March-8:30
Weekly Fed Data-4:30
Productivity & Costs (Preliminary)
Friday, May 3 Employment Situation, April-8:30
Factory Orders, March-10:00
ISM’s Purchasing Manager’s Index (Non-Manufacturing), April-10:00
Monday, May 6 13- & 26-Week Treasury Bill Auction
Tuesday, May 7 Consumer Credit, March-3:00
Thursday, May 9 Initial Unemployment Claims-8:30
Weekly Fed Data-4:30
Wholesale Trade, March
Friday, May 10 Treasury Budget Statement, April-2:00
Monday, May 13 13- & 26-Week Treasury Bill Auction
Advance Retail Sales, April-8:30
Mfg. & Trade: Inventories & Sales, March-10:00
Wednesday, May 15 Producer Price Index, April-8:30
Capacity Utilization, April-9:15
Industrial Production, April-9:15
Thursday, May 16 Consumer Price Index, April-8:30
Housing Starts & Building Permits, April-8:30
Initial Unemployment Claims-8:30
Weekly Fed Data-4:30
Real Earnings, April
Friday, May 17 Leading Indicators, April-10:00
Monday, May 20 13- & 26-Week Treasury Bill Auction
Wednesday, May 22 Existing Home Sales, April-10:00
Thursday, May 23 Initial Unemployment Claims-8:30
New Home Sales, April-10:00
Weekly Fed Data-4:30
Friday, May 24 Durable Goods Orders, April-8:30
Monday, May 27 Memorial Day—U.S. Financial Markets Closed
Tuesday, May 28 13- & 26-Week Treasury Bill Auction
Thursday, May 30 Initial Unemployment Claims-8:30
Weekly Fed Data-4:30
Corporate Profits, 1Q13 (Preliminary)
Gross Domestic Product, 1Q13 (Preliminary)
Friday, May 31 Personal Income and Outlays, April-8:30
Agricultural Prices
CONTACT
Please Direct All Inquiries To:
Sasi.admn@gmail.com
Visit: www.weeklyoptionplays.com
