Options Recaps, 5-Pack of Fresh Ideas

Recapping Friday’s Movers:  

Things played out very much like we suspected they would on Friday, as we capped off an exceptional trading week with some solid options ideas. We came up with a pair of quick-strike plays, as well as a couple of longer-term targets with September expirations. Both of the weekly ideas we floated ended up posting some pretty good intraday upswings.

Those ideas were the NVDA Weekly $420 Puts and the IONQ Weekly $14.50-15 Calls, and each of them produced the following multibag gain possibilities on the day:

NVDA Weekly $420 Puts
$420: 
3.45-13.43 (+289%)
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IONQ Weekly $14.50-15 Calls
$14.50: .93-3.10 (+233%)
$15: .50-2.65 (+430%)
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We also saw new highs in the APP 08/18 $35-37.50 Calls which we flagged for observation on Thursday and reported on Friday. That considerably increased the percentage gains we had seen the previous session. The following figures represent the overall two-day swing:

APP 08/18 $35-37.50 Calls
$35: 
.70-4.50 (+543%)
$37.50: .24-2.35 (+879%)


Fresh Options Ideas:
NVDA Weekly $410-405 Puts
TSLA Weekly $237.50-235 Puts
MNDY Weekly $160-165 Calls
X Weekly $28.50-29.50 Calls
ERJ Weekly $15 Calls


Extended Watchlist:
TSHA, APE, AGBA, X, FRGT, AMRS, PTRA, GNS, ZYNE, GGE, TMC, PBLA 


Wrapping Up a Top-Notch Trading Week

Closing Out an Incredible Week:  

Thursday turned out to be another wildly successful session for our daily options ideas, which extended our flawless streak for another day. While today’s report will include some longer-term options ideas and therefore potentially challenge our running trend, we’re still very proud of having been able to serve up fresh plays each day this week and come back with nothing but runners!

Yesterday’s selected targets and subsequent movers were the DIS Weekly $88-90 Calls, the WYNN Weekly $103-105 Calls, the APP 08/18 $35-37.50 Calls, and the BABA Weekly $97-99 Calls. Out of those eleven contract sets, all eleven produced intraday upswings well into multibag territory. Here’s how those performances shook out on the day:

DIS Weekly $88-90 Calls
$88: 
.93-4.60 (+395%)
$89: .56-3.55 (+534%)
$90: .32-2.63 (+721%)
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WYNN Weekly $103-105 Calls
$103: 
1.43-3.92 (+174%)
$104: 1.12-3.05 (+173%)
$105: .66-2.15 (+226%)
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APP 08/18 $35-37.50 Calls
$35: 
.70-2.85 (+307%)
$37.50: .24-1.35 (+462%)
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BABA Weekly $97-99 Calls
$97: 
1.81-4.90 (+171%)
$98: 1.35-4.00 (+196%)
$99: 1.04-3.17 (+205%)


Fresh Options Ideas: 
NVDA Weekly $420 Puts*
IONQ Weekly $14.50-15 Calls*
DV 09/15 $30-35 Calls
MODV 09/15 $35-40 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
AMRS, ETON, TSAT, WE, ACHR, HGEN, BDPT, 


Huge Stock Moves & More

Rite Aid Corp. RAD – Review

We were just talking about RAD in our premarket report from last Friday, and we wanted to close out this week by bring up the very respectable run it has produced. The morning of our report, the stock saw a low of 12.11, and subsequently registered a new high yesterday at 19.22 (+59%). As of the premarket high of 22.44 established in the premarket this morning, we’ve witnessed a one-week run of 85% from Rite Aid.

We’re also going to signal a couple of different sets of options ideas to track in the RAD chain over the next week, and beyond. We’re going to radar the RAD 1/03 $21-23 Calls, as well as the RAD 04/17 $27-30 Calls.


Other Updates
 
We also wanted to highlight some mega-moves made by stocks we’ve placed on watch recently, once again proving conclusively that options aren’t our only forte.

We tagged Clearside Biomedical, Inc. CLSD in our extended watchlist on October 18th, and witnessed a low of .75 the following day. The stock has been gradually ramping its way up in the several weeks since then, continually registering new highs, of which it hit 3.95 yesterday. That’s an incredible increase of 427%
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We put Oncolytics Biotech, Inc. ONCY on watch back on November 14th, and have watched as the stock began to edge its way up, before absolutely exploding over the last week. Our observed range on this one in just over a month has been .82-2.92, a gain of 256%
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Many of our longer term readers will remember how significant the gains were out of OWC Pharmaceutical Research Corp. OWCP as we first came across it at the end of 2016 when it went on a mega run from subpenny levels to over 2.00. When it appeared in yesterday’s watchlist it was time to start paying close attention to it again. OWCP made a 94% intraday move yesterday from a low of .028 to a high of .0543. Volume has been ramping up the last few sessions and with this type of momentum, we’ll definitely continue to keep an eye on it.


Extended Watchlist:
KWBT, FCEL, TRQ, SPPI, AQMS, AMRS, PT, ASRT, OBSV