We put forth some fresh options ideas on Friday morning, and we continued the solid options success that we had going all week long into the finish. Here are the trading ranges and total possible gains that were available to ourselves and our readers
Intel Corp. INTC Weekly $65-67 Calls
$65: 1.55-4.21 (+172%)
$65.50: 1.22-3.60 (+195%)
$66: .89-3.27 (+267%)
$66.50: .69-2.70 (+291%)
$67: .41-2.27 (+454%)
American Express Co. AXP Weekly $133-135 Calls
$133: 2.31-5.28 (+129%)
$135: 1.67-4.11 (+146%)
We’re feeling bearish on airlines at the present time, especially considering the current viral outbreak which has spread from China by way of air travel. We’re going to formulate a number of options ideas for the week based off that sentiment. There are other economic fears related to the coronavirus as well, which are giving stocks in general a rough go of things as we kick off this fresh trading week.
UAL Weekly $80-79 Puts
AAL $27-50 26.50 Puts
DAL Weekly $57-56 Puts
SPY Weekly $325-322 Puts
Kiwa Biotech Products Group Corp. KWBT
We began tracking KWBT in December, after which time we observed a low of .018 in the stock. After a really solid first month of the new year, the stock has made quite a bit of progress.
On Friday KWBT reached .052, which represents a fantastic increase of 189% in the month we’ve been tracking it.