Urban Outfitters, Inc. URBN – Options Rehash
We offered up an options idea for the URBN chain yesterday morning, and we’re happy to report that it resulted in some really solid single session gain opportunities coming into play.
There were quite a few pundits claiming that URBN was due for some consolidation or sideways trading, but we felt good about the company’s earnings beat, including rising same store sales. It turns out we were the one who were correct. Just take a look at the profits that were on the table for our ideas during yesterday’s session.
URBN Weekly $28-29.50 Calls
$28 Calls – Range: .80-2.00 – Max Gain: 150%
$28.50 Calls – Range: .45-1.60 – Max Gain: 255%
$29 Calls – Range: .35-1.10 – Max Gain: 214%
$29.50 Calls – Range: .25-.80 – Max Gain: 220%
Deere & Co. DE Weekly $143-146 Calls
Xunlei Ltd. XNET
Yesterday, we were just rehashing our timely alert from earlier this month, when we tagged XNET shortly after which time, we observed the stock trading for as little as 8.14 a share. In what has been a solid month of November for this play, the gains it piled on quickly surged into multibag territory, and yesterday, the stock continued its very impressive climb by once again hitting new annual highs.
XNET reached 24.29 during yesterday’s session, which represents a significant extension to the gains we’ve witnessed thus far. From our observed low of 8.14, the new high marked an increase of 198% in just the last few weeks. Volume was also at its highest level of 2017, so we’re very interested to see how the rest of this scenario plays out.
XNET recently made it known that it was going to focus on blockchain tech, which is a large part of the reason why the stock has been running like a scalded cat. The crypto space has been the talk of the town for some time now, and as you can see, it’s really given this one a push.
GROW, EPE, LEDS, CPRT, TLGT, AXTA, KONE