Fresh Options Trio & More

Kodiak Sciences, Inc. KOD 

To kick off the trading week on Monday, we included a mention of KOD in Monday’s premarket extended watchlist. On Tuesday morning, we updated reader on the amazing run the stock made from 35.00 to a high of 72.97 (+108%).

Yesterday’s session saw a pullback from those highs followed by another highly impressive intraday swing. The stock traded in a range from a low of 53.00 to a subsequent new high of 74.50. That’s another huge daily upswing to the tune of 41% and a total increase over Monday’s low of 113%


Workday Inc. WDAY –  Options Update

We had highlighted some WDAY Puts in yesterday’s premarket report, the WDAY Weekly $167.50-165 Puts, and despite the stock closing in the green, it had some trouble early on that led to some nice multi-bag gain opportunities.

The $167.50 Puts ran from a low of 2.25 and reached 5.93 for a gain of 164%, while the $165’s traded in a range from 1.50-4.10, an upswing of 173%
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Fresh Options Ideas:
DG Weekly $155-160 Calls
FIVE Weekly $124-126 Calls 

HHC 01/17 $120-125 Calls


Extended Watchlist: 
ARDX, ACAD, IBIO, NVGT, VRNT, DLTH, BIMI, BNGO, 

AXSM Runner, Options Ideas

Axsome Therapeutics, Inc. AXSM 

We’ve got a major recent success story to tell with AXSM today. We highlighted this stock roughly seven weeks ago in our report on October 16th, and AXSM has done very little else but continue to press upward, setting new highs on a practically daily basis.

We would tag in yesterday’s report once again before seeing the stock attain new highs for the umpteenth time in recent weeks.  Our observed low following our initial alert is 20.48, and as of yesterday’s brand new high of 47.24, that marks a fantastic swing of 131% There’s no telling where this wild ride will let off, with the stock having already been firmly in Blue Sky territory for well over a week now.


Fresh Options Ideas

Workday Inc. WDAY reported on earnings in the post-market yesterday, and despite a beat on sales and earnings, the company’s forecast precipitated a shakedown of the stock. We’re going to sit on the bearish side of the fence and monitor to the WDAY Weekly $167.50-165 Puts

Excelon Corp. EXC is simply a double-bottom, potential extended-term rebound idea that we want to offer up. We’re going to begin tracking the EXC 02/21 $45-47 Calls, with the stock looking due for a recovery at any time.


Extended Watchlist: 
DBVT, YTEN, ASLN, WKHS, TYME, CHK, CLVS, CPST

Big Gainers, New Ideas

Donaldson Company Inc. DCI

With the earnings calendar still looking a bit light following the Thanksgiving lull, we are seeing one potential opportunity showing some synergy with the current market environment.

DCI missed on earnings published this morning, while also having been exhibiting a strong double top formation (bearish signal). Along with what looks to be a strong chance of another lackluster day for the markets at large, we are going to begin tracking the DCI 12/20 $50-45 Puts. 


Kodiak Sciences, Inc. KOD 

We also wanted to review the epic single session performance of KOD, which we included in yesterday’s premarket extended watchlist.

The stock responded with a huge run from 35.00 to a high of 72.97. That works out to an intraday surge of 108% which is simply incredible for a stock in this price range.


Organogenesis Holdings Inc. ORGO

Lastly, we’ve got a number of factors drawing our interest to ORGO. From a technical standpoint, the stock is looking ripe for rebound off of its bottom and potential topside gap fill.

Meanwhile, an institutional insider filed a Form-4 for the purchase of $30M near the current lows. When considering the entire picture, ORGO is definitely one that we will want to observe closely in the days, and possibly weeks ahead.


Extended Watchlist: 
ADSV, ADAP, ABIL, ABEO, AXSM, SNSS, ORTX, BRMK

CGIX Recap, Retail Plays

Cancer Genetics Inc. CGIX – Review

We’re kicking off the trading month of September this morning with a recap oi the recent performance of a stock that we tagged for observation a couple of weeks back.

We included mention of CGIX in our morning report on November 15th as the stock was searching out a bottom. It established a low of 2.00 just a couple sessions after that, and hasn’t looked back since. In a series of huge days over the past week, CGIX has rocketed to a new high of 9.50. That worked out to an upswing of 375% in a matter of less than two weeks! Cheers to anyone who caught a ride on this shooting star!


Amazon Inc. AMZN – Fresh Options Idea 

With Black Friday and Cyber Monday on track to record all time highs in online sales, we’re looking to some possible quick-strike options ideas in the AMZN chain, despite the fact that we typically stay away from the stock due to it’s incredibly high PPS.

What we’re going to do is radar some weekly calls to track over the next few sessions. We’ll follow the activity in the AMZN Weekly $1822.50-1827.50 Calls.

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Bonus Idea:
eBay Inc. EBAY 01/10 $36.50-37.50 Calls 


Extended Watchlist: 
MBIO, MDR, HEPA, KOD, SKT, ISR, INPX(52-week lows)

Black Friday Short Week Wrap-Up

Short Week Wrap-Up

We hope everyone enjoyed the midweek Thanksgiving break, and as we gear up to finish out the week with what we expect to be a relatively subdued half-day of trading, we just wanted to highlight the potential gains off of our fresh options ideas from Wednesday’s premarket report.

The session was majorly bullish for stocks as a whole, so our SPY calls were spot on and worked out very nicely, and we saw significant intraday gain opportunities from our targets in the BOX chain as well.

Here are the total daily gains that were on the table for these ideas:

SPY Weekly $314-315 Calls 
$314 Calls – Range: .55-1.43 – Max Gain: 160%
$314.50 Calls – Range: .23-.94 – Max Gain: 309%
$315 Calls – Range: .09-.50 – Max Gain: 456%
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BOX Weekly $16-17 Calls
$16 Calls – Range: 1.80-2.90 – Max Gain: 61%
$17 Calls – Range: .95-1.91 – Max Gain: 101%


Fresh Options Idea

The earnings calendar is fairly empty this morning, but we did spot a potential play on the GIL chart. The stock is about to begin to fill a massive gap on the chart, while having just received an analyst upgrade.

We are going to put the Gildan Activewear, Inc. GIL 01/17 $25-35 Calls on watch for what could be a huge opportunity in the coming weeks.
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Bonus Ideas:
GOL Weekly $16 Calls
KPTI 01/17 $17.50-20 Calls 


Extended Watchlist: 
PGSY, ONTX, TEUM, VISL, WAFU,