Micron, Nike Options Recaps:
We signaled interest in just a couple of options chains yesterday, targeting Micron and Nike on the heels of their earnings reports. In particular, we were after the MU 12/23 $86-89 Calls, and the NKE 12/23 $157.50-162.50 Calls.
We hit on both ideas for the day, with all seven of the contract sets contained within those ideas producing notable intraday activity which yielded the following total possible gains:
MU 12/23 $86-89 Calls
$86: 2.79-5.35 (+92%)
$87: 2.13-4.45 (+109%)
$88: 1.52-3.62 (+138%)
$89: 1.27-2.86 (+125%)
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NKE 12/23 $157.50-162.50 Calls
$157.50: 7.70-10.88 (+41%)
$160: 5.65-8.87 (+57%)
$162.50: 3.75-6.45 (+72%)
Fresh Options Ideas:
TWTR 01/28 $48-50 Calls
KMX 12/23 $139-143 Calls
OTC Updates:
We’ve got more runners on the stock side of things to report this morning, including a new high in OWUV which just appeared in yesterday’s newsletter. ONPH is another OTC play we’ve been tracking this week and it also hit multi-bag gainer status.
Oncology Pharma, Inc. ONPH
Alerted: Dec. 20th
Range: 3.53-7.27
Gained: +106%
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One World Universe, Inc. OWUV
Alerted: Dec. 9th
Range: .153-.3998
Gained: +161%
Extended Watchlist:
NWBO, SBES, VBHI, DBRM, ICNM, CCAJ, GCEI, BVXV, AVCT, RCAT, BRTX