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%
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.
GOL Weekly $16 Calls
KPTI 01/17 $17.50-20 Calls
PGSY, ONTX, TEUM, VISL, WAFU,