Five Fresh Plays to Close Out a Good Week

Solid Options Runners from Thursday:

While we didn’t quite get a clean sweep on our earnings related options ideas in yesterday morning’s premarket report, we did manage to find some fairly big runners in three out of the five selections we made for the day. The SPY Calls stood out, with the markets logging a seriously bullish session all day long, which facilitated some solid double bag runs, but the ideas we had in SNOW were the real winners.

The quick-strike targets that really produced for us were the SPY 08/26 $413-415 Calls, the SNOW Weekly $187.50-192.50 Calls, and the DLTR Weekly $155-150 Puts, which recorded the following intraday activity:

SPY 08/26 $413-415 Calls
$413: 
3.55-7.20 (+103%)
$414: 2.94-6.35 (+116%)
$415: 2.43-5.56 (+129%)
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SNOW Weekly $187.50-192.50 Calls
$187.50: 3.10-10.16 (+228%)
$190: 2.50-8.60 (+246%)
$192.50: 2.00-6.80 (+240%)
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DLTR Weekly $155-150 Puts
$155: 4.50-8.28 (+84%)
$152.50: 3.25-6.00 (+84%)
$150: 2.28-4.60 (+102%)


Fresh Options Ideas:
ULTA Weekly $425-435 Calls*
DELL 09/16 $42.50-47.50 Calls
WDAY Weekly $185-180 Puts*
JKS 09/16 $60 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders!


Extended Watchlist:
GGII, CVSI, AABB, CZNI, TGGI, FRTG, GTCH, DRUG, BXRX, AVCT, FHS

Thursday’s Movers, Friday’s Targets

Options Recap:

As we head into the end of what has been a very productive week, we’re going to take a minute to reflect on the excellent job we’ve done weathering the earnings drought which is set to end on Monday day morning. We’re sure to have plenty of ideas to come from that, but in the meantime, we’ve held our own with our daily options ideas.

Yesterday we put forth four possibilities, and three of them recorded significant positive movement on the day. Our winning targets of interest were the SPY 07/15 $378-375 Puts, the TSM Weekly $81-83 Calls, and the JPM Weekly $109-107 Puts, which posted the following trading ranges and total profit possibilities:

SPY 07/15 $378-375 Puts
$378: 3.71-5.64 (+52%)
$377: 3.08-4.94 (+60%)
$376: 2.54-4.25 (+67%)
$375: 2.08-3.66 (+75%)
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TSM Weekly $81-83 Calls
$81: .98-3.15 (+221%)
$82: .60-2.26 (+277%)
$83: .37-1.50 (+305%)
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JPM Weekly $109-107 Puts 
$109: 1.93-3.25 (+68%)
$108: 1.03-1.92 (+86%)
$107: .64-1.33 (+108%)


Fresh Options Ideas: 
SPY 07/15 $379-382.50 Calls*
UNH Weekly $507.50-515 Calls*
PINS Weekly $19-20.50 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders. 


OTC Update: Cruzani, Inc. CZNI – We’ve been tracking CZNI this week, which hit a new high of .0011 yesterday, cracking through the barrier between super-subpenny and subpenny territory. From our initially observed low of .0005 following our alert on Monday morning, the stock has posted an increase of 120%


Extended Watchlist: 
RMSL, HALB, DRFC, FMCC, FNMA, GEGI, JPEX, SYSX, USEA, NEXI, EVTL, PINS, ILAG

Kicking Off Another 4-Day Trading Week

Options Review: 

We’re back in the saddle after the long weekend, and our first order of business is to go over some stocks and options plays that performed well to close out last week’s activities.

The two main runners that put on the best gains were the GO Weekly $40 Calls, from Friday’s report, and the KR Weekly $51-49.50 Puts. from Thursday, which tacked on some serious new highs. Here are the impressive figures on those two sets of targets:

GO Weekly $40 Calls
$40:
 .15-.56 (+273%)
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KR Weekly $51-49.50 Puts
$51: 1.75-5.13 (+193%)
$50: 1.00-4.25 (+325%)
$49.50: .97-3.52 (+263%)


Fresh Options Ideas:
SPY 06/21 $369-371 Calls
LEN Weekly $64-66 Calls


ProText Mobility, Inc. TXTM – Update:

We have been monitoring TXTM closely and mentioning it quite a bit lately as the stock has continued to build on its success ever since our first alert May 24th.  Subsequent to that point, we witnessed a low of .0016, and it hasn’t looked back since, continually setting new highs for us.

Once again on Friday TXTM pushed the envelope to another level as it registered a new high of .0198, which represents a huge overall increase of 1138% since we’ve been tracking the stock.
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Solar Integrated Roofing Corp. SIRC – Update:

We’ve also observed a modest yet notable run in SIRC since flagging it for observation last week on the morning of the 14th. The stock has traded up from a .135 low and hit .20, for a spike of 48%


Extended Watchlist: 
RSVR, GHMP, ICNM, UNQL, GEGP, INQD, FDBL, SHOM, PMETF, TLLTF, BKSY, HCTI, GPL, CNVY