Another Massive Options Runner & More

Continued Options Excellence:

The current earnings season has been very kind to us so far, facilitating all sorts of big time opportunities in the options plays we have targeted. Yesterday was no different, as all three of the fresh options ideas we kicked off the week with recorded notable intraday gains on the session.

We had highlighted in the SPY 11/01 $459-460 Calls, the DKNG Weekly $46-47 Calls, and the ON Weekly $50-52 Calls in our premarket report, and the kinds of figures they put up on the day were exceptional.

SPY 11/01 $459-460 Calls
$459:
 .19-1.20 (+531%)
$460: .01-.28 (+2700%)
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DKNG Weekly $46-47 Calls
$46: 2.13-3.60 (+69%)
$47: 1.58-2.88 (+82%)
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ON Weekly $50-52 Calls 
$50: 2.00-5.54 (+234%)
$51: 1.69-5.00 (+196%)
$52: 1.20-3.60 (+200%)


Another OTC Update:

We’ve also had more of our extended watchlist plays going for solid gains. It’s always important to radar not only the things we feature, but our watchlists as well. There’s almost always a hidden gem to be uncovered, like INND.

Innerscope Hearing Technologies, Inc. INND
Initial Alert: Oct 21st
Range: .0086-.0191
Gained: +122%


Fresh Options Ideas: 
PFE Weekly $43.50-45 Calls
BP Weekly $29 Puts 


Extended Watchlist:
SBEA, BAOS, NXTD, BBLG, ARTL, WIMI, SABS, FDVRF, AABB, RVVTF, HYSR, MTRT

Solid Options Plays, Fresh Ideas & More

WD-40 Company WDFC – Options Update:  

As we close out this holiday-shortened week, we’ll start off by giving an update on the options idea we put forth in yesterday morning’s premarket report. We were looking at the WDFC 07/16 $250-270 Calls on the heels of the company’s earnings drop from the day prior.

The stock itself ran to nearly $280 before tapering back and that provided some very nice intraday gain opportunities for anyone who had caught our alert. Here are the intraday trading ranges and total possible gains on those targets:

WDFC 07/16 $250-270 Calls
$250: 20.32-26.15 (+29%)
$260: 7.81-16.67 (+113%)
$270: 4.31-8.18 (+90%)
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Fresh Options Ideas:
GBX 07/16 $40 Calls
LEVI 07/16 $29-30 Calls  


Carver Bancorp Inc. CARV – Recap:

Additionally, we want to go over the performance of CARV following its inclusion in yesterday’s extended watchlist. A short-squeeze provided an excellent intraday move for a stock in this price range.

CARV ran from 16.61 to a new high of 38.87 on the day marking an upswing of 134% on volume of over 82X the 30-day moving average!


Extended Watchlist:
GALT, AGRI, TBLT, AABB, KRFG, ASTI, AMLH, HMNU, BICB, ELRA, VOIS, INTK

Reviewing Recent Runners, Fresh Ideas

Elray Resources, Inc. ELRA – OTC Recap:

We caught sight of ELRA midway through last week, and noticed that the stock had been experiencing a marked rise in volume and liquidity. As a result, we placed it on our daily watchlists in our premarket reports Thursday and Friday morning.

ELRA continued to build on its momentum, recording a considerable two session run from our vantage point. From Thursday’s low of .0023, it reached .0049 on Friday, which represents a 113% increase. With the ongoing momentum buildup it has exhibited over the past several sessions, we’ll want to keep an eye on it as we kick off a new trading week.


Friday’s Options Runners:

On Friday morning, we reported the gains in our PYPL options idea from Thursday’s report, the PYPL Weekly $255-260 Calls. We mentioned that we expected to see even more gains added to those figures based on its premarket activity, and that assumption proved accurate.

Below are the total two-day swings recorded by those contract sets, as well as Friday’s numbers on the two runners from our fresh ideas, the ROKU Weekly $307.50-315 Calls and SQ Weekly $227.50-235 Calls:

PYPL Weekly $255-260 Calls
$255: 
.64-3.85 (+501%)
$257.50: .38-2.00 (+426%)
$260: .23-1.20 (+422%)
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ROKU Weekly $307.50-315 Calls
$307.50:
 14.72-26.10 (+77%)
$310: 12.46-25.53 (+105%)
$312.50: 11.38-21.68 (+91%)
$315: 2.18-5.05 (+132%)
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SQ Weekly $227.50-235 Calls 
$227.50: 4.25-8.28 (+95%)
$230: 2.10-6.37 (+203%)
$232.50: .65-3.80 (+485%)
$235: .18-1.64 (+811%)


Fresh Options Ideas: 
BNTX Weekly $195-197.50 Calls
TSN Weekly $79-79.50 Calls


Extended Watchlist:
EEGI, BFRAF, RGBP, AABB, CBYI, OTTV, AEXE, IFAN, GNCP, DSCR