Yesterday’s Options Ideas
The contracts that we proclaimed our interest in for PCLN were the the $1065-$1085 Calls, and with PCLN rising as high as 1102.26, substantial profits were there for the taking.
The $1065 Calls made an excellent 140% move from a low of 15.04 all the way to 36.20, while the $1085’s shot from 4.50 to 17.15 in a huge intraday increase of 281%
Expedia, Inc. EXPE – As far as EXPE itself, our premarket idea of the $86 Weeklies yielded an excellent opportunity as they moved up from 1.50 to 5.77, a 285% spike.
Those traders who chose to strike a bit closer to the money could have scored big with the $88 Calls as well, which traded in a range from .45-2.95 (+555%)
More New Ideas
We’ve done so well with options calls these past few weeks that there’s no point in stopping now! We’ve got a couple of new ideas to radar this morning in the web security business.
Both stocks are gapping up today, so we will be on the lookout for dip-and-rip scenarios to facilitate potential trades in the following:
CyberArk Software, Ltd. CYBR – With CYBR, we’re going to start off looking at the $50 Calls, which closed yesterday at 1.70, and the $55 Calls which closed at .60.
FireEye, Inc. FEYE – For FEYE, we’ll want to monitor the $39.50, $40, and $40.50 Calls (Closed at .55, .35, and .15 respectively.)
Extended Watchlist:
ARIA, CYTK, FXEN, GDP, HK, GEVO, LEI