Tag: AFMD

PANW Mega Multi-Baggers & More

More Options Perfection:

We ended the week in Friday’s report by patting ourselves on the back for the options clean sweep that we managed with Thursday’s ideas. Of course, we formulated a group of fresh ideas for that report as well, and once again, we were flawless.

All three of the fresh options plays that we signaled interest in, recorded huge moves on the day and allowed for some serious single session gain opportunities to anyone who was in on the action. Our specific targets were the PANW Weekly $535-545 Calls, the WDAY Weekly $285-275 Puts, and the AMAT Weekly $150-148 Puts. Regardless of which strikwe point was chosen, the moves were considerable.

Here are the total ranges and possible gains that were made available by those ideas: 

PANW Weekly $535-545 Calls
$535: .83-7.99 (+863%)
$540: .66-5.48 (+730%)
$545: .48-3.62 (+654%)
_____

WDAY Weekly $285-275 Puts
$285: 2.13-5.02 (+136%)
$282.50: 1.85-3.75 (+103%)
$280: .80-6.00 (+650%)
$277.50: 1.02-2.02 (+98%)
$275: .75-1.57 (+109%)
_____

AMAT Weekly $150-148 Puts
$150: .07-.34 (+385%)
$149: .18-.39 (+117%)
$148: .30-.50 (+167%)

Fresh Options Ideas:

The earnings calendar is a little light this for this morning, but we’ve put together a couple of ideas to start things off this week. Some daily SPY Calls with futures currently on the rise, and an extended term short on CRNC.

SPY 11/22 $469-470 Calls
CRNC 12/17 $105-95 Puts

Extended Watchlist: 
ASTR, VG, ISPC, CEI, PRFX, AFMD, HMBL, LICH, ENGA, FORW, IGEX

Blue Horseshoe Stocks: Bottom-Watch Play & More

Synergy Pharmaceuticals Inc. SGYP – Bottom Watch

We noticed SGYP start to sell off rapidly last week, after a poor earnings report and the pricing of a public offering on the stock with shares being offered at 2.58. Combined with the start of tax-loss selling season, and SGYP has approached extreme oversold territory.

We’ve now begun to take interest in this as a bottom watch play to monitor for a rebound in coming sessions, and it could ultimately be quite a recovery. We’ve got a stock that was trading for nearly seven dollars a share at the beginning of this year, beaten all the way down to new annual lows. If SGYP were to regain even a portion of the ground it’s lost in recent months, it would be worth our time to track it.

Wal-Mart Stores, inc. WMT – Options Idea

Looking at this morning’s premarket earnings calendar, it was WMT that jumped out at us the most, with a solid beat, and heightened guidance propelling the stock to a moderate gap up at the moment.

We’re going to formulate a quick options idea to try to take advantage of the situation. Walmart has been exceptionally bullish for most of this year, and is currently soaring into blue skies, setting a new annual high with every uptick.

We’re going to put the WMT Weekly $92-96 Calls on watch for the remainder of the week.

Extended Watchlist:
SRNE, MD, ADMP, QRHC, CREG, MD, RIOT, AFMD