Options Ideas – Form-4 Plays:
We do typically like to stick with options plays that coincide with big name earnings reporters, but we always like to scan for Form-4’s (insider transactions) and formulate ideas in those instances where we like the chart setup.
We’ve got a couple of potential targets which fit that bill with huge amounts of shares being soaked up in ASAN last week, and a large $10M block being purchased in PFSI yesterday. These transactions give us at least a reasonable confidence that those involved believe that the future looks brighter than the present.
ASAN 01/21 $110-120 Calls
PFSI 12/17 $65 Calls
Options Ideas – Earnings Plays:
Of course we don’t want to leave out our bread and butter, so we’ve also taken a look at what the earnings calendar has to offer this morning.
Build-A-Bear and Ambarella are a couple in that category that our catching our eye today, so we’ll hash up some ideas for those as well:
BBW 12/17 $17.50 Calls
AMBA Weekly $197.50-207.50 Calls
OP, ARDX, VBIV, AUVI, SLHG, WORX, TGTX, FNMA, FMCC, INND, APHLF, ZNOG, CGAC, BTZI, IWAL, HVCW
More Options Bangers:
Yesterday morning, for the third consecutive session we offered up a wide selection of fresh options ideas for the day, and scored 100% accuracy on tracking down gains! We always expect most of our ideas to pan out, but it’s still great when we can complete a sweep.
We highlighted the AZN Weekly $57-58 Calls, the MA Weekly $385-390 Calls, and the QCOM Weekly $144-146 Calls. In each case we saw moderate-to-impressive intraday runs which led to the following quick-strike profit chances for our readers.
AZN Weekly $57-58 Calls
$57: 1.17-1.67 (+43%)
$57.50: .68-1.20 (+76%)
$58: .40-.82 (+105%)
MA Weekly $385-390 Calls
$385: 5.32-10.40 (+95%)
$387.50: 3.88-7.70 (+98%)
$390: 2.49-6.20 (+150%)
QCOM Weekly $144-146 Calls
$144: 3.15-7.60 (+141%)
$145: 2.32-6.69 (+188%)
$146: 1.86-5.66 (+204%)
We would also like to take this opportunity to welcome the large influx of new subscribers that our recent options performance has garnered for us. We’re glad to have you join our community, and will do our best to retain the privilege of communicating with you!
Fresh Options Ideas:
KLAC Weekly $330-340 Calls
CVX Weekly $101-104 Calls
XOM Weekly $58.50-59.50 Calls
ERYP, ARDX, TAOP, ATRX, PRPM, CPSL, VNUE, MRNJ, AMLH, CYBL, LEAS, GEGI
Kodiak Sciences, Inc. KOD
To kick off the trading week on Monday, we included a mention of KOD in Monday’s premarket extended watchlist. On Tuesday morning, we updated reader on the amazing run the stock made from 35.00 to a high of 72.97 (+108%).
Yesterday’s session saw a pullback from those highs followed by another highly impressive intraday swing. The stock traded in a range from a low of 53.00 to a subsequent new high of 74.50. That’s another huge daily upswing to the tune of 41% and a total increase over Monday’s low of 113%
Workday Inc. WDAY – Options Update
We had highlighted some WDAY Puts in yesterday’s premarket report, the WDAY Weekly $167.50-165 Puts, and despite the stock closing in the green, it had some trouble early on that led to some nice multi-bag gain opportunities.
The $167.50 Puts ran from a low of 2.25 and reached 5.93 for a gain of 164%, while the $165’s traded in a range from 1.50-4.10, an upswing of 173%
Fresh Options Ideas:
DG Weekly $155-160 Calls
FIVE Weekly $124-126 Calls
HHC 01/17 $120-125 Calls
ARDX, ACAD, IBIO, NVGT, VRNT, DLTH, BIMI, BNGO,