Month: November 2019

TNET Update & More

TriNet Group, Inc. TNET

In our premarket report on Halloween, we had identified a number of options ideas. One of the ones we put on a longer-term watch was TNET 12/20 $55 Calls, and it has been a really good idea so far.

TNET stock has been in a near-continual uptrend in the eight trading days since that report, and last week, we observed a number of Form-4’s (insider buying) being registered, which bodes well for the stock’s future performance.

In the meantime, we’ve seen a 113% move out of our highlighted contract set, from .80 to 1.70. That figure will continue to improve for as long as the stock maintains its impressive steady upward climb, with nearly six weeks until expiration.
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Fresh Idea:
ROK Weekly $195-200 Calls
DXC Weekly $30-32 Calls

Extended Watchlist:
IFMK, MTNB, MYOV, JASN, INFN, DRRX, AEIS, AMRN

Options Recaps, New Ideas

The Walt Disney Co. DIS – Options Review

On Friday morning, we closed out the week with a last minute options ideasignaling our interest in the DIS Weekly $139-142 Calls. Despite a turbulent open for stocks in general, we saw some really nice early opportunities from those ideas.

The total possible gains on those contracts were as follows: 

DIS Weekly $139-142 Calls
$139 Calls – Range: .61-1.48 – Max Gain: 143%
$140 Calls – Range: .38-.94 – Max Gain: 147%
$141 Calls – Range: .25-.54 – Max Gain: 116%
$142 Calls – Range: .12-.38 – Max Gain: 217%

AnaptysBio Inc. ANAB – Options Idea

We also took notice of ANAB this morning after the stock fell to new all-time lows yesterday. Just as a stock that shoots up a great deal in a short time must eventually come down to earth, one that tanks this hard is bound to recover some ground.

From current levels, a play on the stock itself could pan out favorably in a relatively short amount of time, but we will also designate some longer-term contracts in the options chain for an added idea. We’ll radar the ANAB 01/17 $10-15 Calls for observation over the next several weeks.

Extended Watchlist:
SPWR, CARB, HTBX, CANF, NKTR, TRNX, CLVS

Wrapping Up a Solid Trading Week

Weekly Wrap-Up

We’re wrapping up another solid trading week by reviewing our spot-on options ideas from yesterday morning’s premarket report.  We had signaled interest in both the QCOM Weekly $88.50-90 Calls and the BIDU Weekly $114-117 Calls.

 We are happy to say that both of those fresh ideas produced opportunities for multi-bag gains in the day. Here’s the breakdown of the profits that were there for taking: 

QCOM Weekly $88.50-90 Calls
$88.50 Calls – Range: 1.06-3.92 – Max Gain: 270%
$89 Calls – Range: 1.05-3.50 – Max Gain: 233%
$89.50 Calls – Range: .65-3.00 – Max Gain: 362%
$90 Calls – Range: .58-2.60 – Max Gain: 348%

BIDU Weekly $114-117 Calls
$114 Calls – Range: 2.50-8.00 – Max Gain: 220%
$115 Calls – Range: 2.00-7.22 – Max Gain: 261%
$116 Calls – Range: 1.85-5.80 – Max Gain: 214%
$117 Calls – Range: 1.38-5.38 – Max Gain: 304%

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Fresh Options Ideas:
DIS Weekly $139-142 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.

Sun Kissed Industries, Inc. SKDI

We also highlighted SKDI as one to watch in yesterday morning’s premarket Extended Watchlist. The stock put up quite an intraday performance as it traded up from a low of .03, to a high of .16 on the day.

That works out to a single-session gain of 433% and serves as a perfect example of why we always try to include a daily Extended Watchlist, and why we will never quit speculating on the OTC entirely.

Extended Watchlist:
NDYN, DERM, MNST, PLNT, GPRO, UI, OPTT, STMP, OBLN, UI, AAXN