Solid Options Plays
More often than not, when we signal groups of calls or puts, we see success with our ideas. In the case of yesterday morning’s premarket report, we signaled one set of each, and saw instant returns on both.
Our targets were WDAY Weekly $172.50-177.50 Calls & HPQ Weekly $17-16 Puts, with each range containing three sets of contracts. All six ran considerably, with five out of the six logging double-bag gains or better! here were the total possible gains to which our readers had access:
WDAY Weekly $172.50-177.50 Calls
$172.50: 6.83-14.48 (+64%)
$175: 4.70-11.95 (+93%)
$177.50: 3.90-9.54 (+93%)
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HPQ Weekly $17-16 Puts
$17: 1.27-2.13 (+203%)
$16.50: .76-1.56 (+238%)
$16: .44-2.61 (+93%)
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Fresh Ideas*:
DELL Weekly $46-49 Calls
BIG 06/19 $40-45 Calls
*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds!
Stock Recaps
We’ve also seen some nice gains on the stock side of things this week, and yesterday brought more success on that front as well.
Indoor Harvest Corp. INQD – We tagged INQD in yesterday’s extended watchlist, and this subpenny OTC play posted a modest but respectable move from .0046-.007, marking an intraday gain of 52%
Party City Holdco Inc. PRTY – We have to go back a few weeks to our report on the morning of May 4th to find our initial alert on PRTY. Since then we’ve seen the stock trading for as little as .43. It has been climbing steadily over the past several sessions, reaching a new high of 2.10 yesterday. That works out to an overall increase of 388%
Brewbilt MFG Inc. BBRW – We also saw BBRW make a big run from .03-.0899 for a 199% gain!
Extended Watchlist:
ZEST, ENGH, BYZN, TRNX