Trio of Fresh Options Targets & More

Ambarella, Inc. AMBA – Options Recap

In our premarket report yesterday morning, our lone earnings-based options idea on AMBA turned out fairly well for us very early on in the session. Those targets were the AMBA Weekly $118-121 Calls. 

The company exceeded expectations on earnings and revs, and along with optimistic guidance, propelled the stock on a huge PPS run from the starting bell that tapered off after the opening minutes. A quick trigger finger in the early goings could have provided the following potential gains in our designated range:

AMBA Weekly $118-121 Calls 
$118: 6.38-10.90 (+71%)
$119: 4.98-10.00 (+101%)
$120: 6.93-16.38 (+136%)
$121: 3.53-10.00 (+183%)
_____

Fresh Options Ideas:
SPLK Weekly $145-149 Calls
TCOM Weekly $39-41 Calls
SNOW Weekly $247.50-250 Calls 


Extended Watchlist:
AFPW, NWGC, ECOX, BLUU, INCT, FTEG, EEENF, QBAN, FRHV


TRY OUR PREMIUM SERVICE TODAY! 

Enrollment into our new premium members tier continues, and we want YOU to take part! For a small fee, anyone can not only get the kinds of ideas you see here in our free newsletters each day and more, but be given the tools to learn how to seek out such winners on your own! Here’s the pay schedule, easily absorbed by a single solid trade:

– $75: Access to our private Telegram channel where we will be posting real-time trade ideas

– $125: Same as above, also includes video of new and archived bi-weekly classes

 – $250: Includes all of the above + 30 minutes of 1-on-1 time with an expert each month

To get enrolled today, please send an email with your contact information and a brief description of your trading history to bullinadvantage@aol.com

Subpenny Runner, Options Ideas

Nano Labs Corp. CTLE – Recap

At the top of our to-do list this morning is going to be CTLE, which we tagged for observation in yesterday morning’s premarket report. We include these Extended Watchlist plays nearly every day, and it’s always a good idea to add them to a watchlist on your own screens, as they often turn up hidden gems like this one.

CTLE recorded a low of .0044 before pushing up to a high of .0095, which represents an intraday rip of 116% The stock posted this performance on its largest single day trading volume in well over five years, with over a billion shares changing hands! With activity on this level, we’ll certainly want to continue to follow the CTLE chart as we head through midweek.


Ebix.com Inc. EBIX – Bottom Bouncer

We took notice of EBIX this morning on a routine scan, and discovered a very attractive bottom setup on the chart. As you can see on the included snapshot below, the stock fell off a cliff last month and has spent the past week establishing a new bottom.

This is exactly the type of setup we look for in a potential recovery play, with a base of support along with a massive topside gap on the chart. We’re going to add a longer-term options idea that would allow us to take advantage of any impending rebounds. We’re going to radar the EBIX 06/18 $40-45 Calls.


Fresh Options Idea:
AMBA Weekly $118-121 Calls


Extended Watchlist:
WSGF, PVDG, ALYI, HVCW, RDWD, VBNU, ABQQ

More Multi-bag Options Runners

CURE Pharmaceutical Holding Corp. CURR

We find CURR very interesting because of the company’s unique systems/methods for delivering drugs into the human body. It’s not often that we run into an OTC traded play with intriguing proprietary technologies.

The Company’s efforts to further position itself as an integrated healthcare company with its recent acquisition of The Sera Labs, a high-margin, multi-channel marketing and branding company with accelerating sales of its more than 20 products in the health & wellness, beauty, and pets categories and strong traction in both e-commerce and wholesale-to-retail distribution with total retail doors exceeding 8,850 in the U.S. to date. CURE acquired 100 percent of privately held The Sera Labs for $20 million, which consists primarily of stock with key earn out considerations totaling up to an additional $20 million within two years of completing the acquisition.

The Sera Labs newest consumer product that uses CURE’s patented and advanced oral thin film strip technology under the trademark name Nutri-Strips with RAD3 (Rapid Activation Delivery) to deliver novel vitamins and supplements to consumers across the nation.

The Company’s future plans and focus on research and development into CURE’s pharmaceutical programs and The Sera Labs commitment to innovating its offerings with a “tele-wellness” program and exciting new products.

In addition to an interesting backstory the CURR chart itself looks rather attractive at the moment. The stock has just bounced off of its 52-week low, with a recent increase in volume. The PPS over the last two sessions has held a higher low, so we’ll be looking for the further establishment of higher highs and higher lows off of its bottom. Key resistance points to note are the 50DMA at 1.22 and the 200DMA at 1.73. We are definitely going to put this play on our watchlist this today and continue to track its progress going forward.


Options Recaps

We had a clean sweep on options in yesterday’s report, with each of the three sets of ideas we offered up to our readers performed quite well on the day. Here are the ranges and total potential intraday gains that were on the table:

DLTR Weekly $104-106 Calls
$104
: 2.38-8.11 (+241%)
$105: 1.94-6.94 (+258%)
$106: 1.03-6.45 (+526%)
_____

AMBA Weekly $68.50-70 Calls
$68.50
: 3.28-6.50 (+98%)
$69: 2.20-7.20 (+227%)
$70: 1.55-6.39 (+312%)
_____

NTNX Weekly $30-32 Calls 
$30: .50-1.11 (+222%)
$31: .24-.60 (+250%)
$32: .05-.30 (+500%)


Fresh Options Ideas: 
JWN Weekly $24-26 Calls*
DE Weekly $265-270 Calls*
GAP Weekly $24.50-23.50 Puts*

*Please note that these weekly contracts will expire early on Friday at the 1PM close, following tomorrow’s holiday. We hope everyone has a safe and happy Thanksgiving!


Extended Watchlist:
ENZC, TSNP, HYSR, MGTI