Options Updates:
We’re going to circle back today to highlight the performances of the options ideas we alerted on Friday morning. We selected the PRGS 07/17 $40 Calls as well as the SNX 07/17 $115-120 Calls.
In both cases, we have seen some solid moves, and with more than two weeks remaining until expiration, we’ll certainly continue to monitor their progress. Here were the figures they posted yesterday:
PRGS 07/17 $40 Calls
$40: .20-.80 (+400%)
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SNX 07/17 $115-120 Calls
$115: 4.64-9.50 (+180%)
$120: 2.74-7.50 (+214%)
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Fresh Ideas:
MU 07/02 $50-51.50 Calls
CAG 07/02 $33.50-34.50 Calls
Ideanomics, Inc. IDEX
Yesterday morning we suggested that our readers give their attention to IDEX in sessions to come, and we got some modest yet notable first day results.
The stock traded up from a low of 1.65 and hit 2.30 on the day, marking an intraday swing of 39% It managed to maintain well over half of its advances, closing with strength at 2.09. This interests us more than enough to continue tracking its progress.
The company provided an update on its large electric vehicle order in a fresh PR this morning (>> Read PR)
Extended Watchlist:
CYDY, TPTW, PMCB, GOVX, PVDG,