We are back in the options trading saddle this morning, with the earnings calendar chock full once again. We endured a rather long dry spell in that regard, and it’s great to see the calendar filled up with quarterly reporters once again.
For some of our newer subscribers who may not yet be familiar with how we operate, we always try to utilize the inherent volatility that follows a company’s quarterly earnings drop to fuel short to intermediate term options plays. Our ideas are successful more often than not because of this dynamic.
Today, with the calendar full of symbols, here are the chains and strike ranges that we are most attracted to, and are going to want to monitor:
PG Weekly $143-144 Calls
LOGI 11/20 $95-100
DKNG 11/20 $46-48 Calls
Northwest Biotherapeutics, Inc. NWBO
We have been tracking NWBO for the better part of two months now. We initially signaled the stock on the morning of September 2nd, and that day it saw a low of .405.
Fast forward to yesterday, and the stock has achieved a high of 2.08 which represents an increase of 414% in roughly six weeks’ time!
HLIX, CNGT, OPTI, LGIQ, BCHG, CHAG