Fresh Earnings and Form-4 Plays

Yesterday’s Clean Sweep:

We fared quite well yesterday morning with our first options targets of the week from our premarket report. We had presented four possibilities, and ended up seeing some pretty good intraday movement from each of them. The pickings are slim with regard to earnings reporters, but we had a relatively decent selection to work with.

We ended up tracking the WBA Weekly $30-29 Puts, the SNX 07/21 $90 Puts, the KFY 07/21 $50 Puts and the AXON 07/21 $190-195 Calls. They produced the following intraday runs, and total possible gains: 

WBA Weekly $30-29 Puts
$30:
 1.08-1.89 (+75%)
$29.50: .81-1.29 (+59%)
$29: .40-1.02 (+155%)
_____

SNX 07/21 $90 Puts
$90:
 2.14-5.00 (+134%)
_____

KFY 07/21 $50 Puts
$50:
 1.10-3.92 (+256%)
_____

AXON 07/21 $190-195 Calls  
$190: 7.80-9.70 (+24%)
$195: 5.00-6.40 (+28%)


Fresh Options Ideas:
AVAV 07/21 $95-100 Calls
GIS 07/21 $75-72.50 Puts
MSGE 07/21 $35 Calls


Extended Watchlist:
TOVX, OPK, KLR, DOMA, IMBI, NERV, AVTX, GNPX, BAOS

Cautious Yet Bold Options Strategy Keeps Bearing Fruit

Yesterday’s Options Success: 

It seems like the winds of fortune have been gusting in our favor for quite some time now, with the options targets we outlined in yesterday’s morning report all producing gain opportunities on some level. That makes for the fourth straight session in which every single one of our interests has given traders a shot as compounding their funds.

Our daily focus was trained on the AVAV 07/15 $75-70 Puts, the GIS 07/15 $70-72.50 Calls, and the MKC 07/15 $90-80 Puts, which all put forth some measure of intraday run in what amounted to a bit of a choppy day for the markets as a whole. Things in that regard have become rather harder to predict, but we’ve been trying very hard to select potential plays with a good risk/reward balance. Here’s where our efforts led yesterday:

AVAV 07/15 $75-70 Puts
$75: 
2.49-4.49 (+80%)
$70: 1.29-2.20 (+71%)
_____

GIS 07/15 $70-72.50 Calls
$70: 
2.50-5.10 (+104%)
$72.50: 1.05-3.07 (+192%)
_____

MKC 07/15 $90-80 Puts 
$90: 6.00-7.20 (+20%)
$85: 2.01-3.37 (+68%)
$80: .60-1.20 (+100%)


Fresh Options Ideas:
YETI 08/05 $46-47 Calls
WBA Weekly $38.50-39.50 Calls
DCT 07/15 $17.50-15 Puts
SGH 07/15 $17.50 Calls 


Extended Watchlist: 
TXTM, SEII, EMGE, HIRU, WNFT, PPCB, REVB, NRSN, ASPN, MARK, DNAY, CSCW, MULN

Options Performance on the Week Remains Flawless

More Options Review: 

It has been a really good stretch for us with regard to our daily options ideas. We have been firing on all cylinders for several consecutive sessions, with yesterday’s slate of three all turning in excellent cards for the day., even our idea of the August calls in AXSM that was meant for a longer period of observation.

Our specific areas of interest in yesterday’s premarket report were the SPY 06/29 $390-392 Calls, the CHK 07/15 $85-90 Calls, and the AXSM 08/19 $35-30 Puts.  The SPY ran hard in the very early goings before the markets slid during the rest of the session, but that early push was more than enough to facilitate some nice moves for us. Those gains were as follows:

SPY 06/29 $390-392 Calls
$390:
 3.00-4.75 (+58%)
$391: 2.49-4.03 (+62%)
$392: 2.03-3.44 (+69%)
_____

CHK 07/15 $85-90 Calls
$85: 6.24-7.10 (+14%)
$90: 2.95-4.50 (+53%)
_____

AXSM 08/19 $35-30 Puts
$35: 1.47-3.70 (+152%)
$32.50: 1.40-1.95 (+39%)
$30: 1.00-1.32 (+32%)


Fresh Options Ideas:
AVAV 07/15 $75-70 Puts
GIS 07/15 $70-72.50 Calls
MKC 07/15 $90-80 Puts 


Clubhouse Media Group Inc. CMGR –  OTC Recap: 

We’ve also continued to have good fortune with several of the OTC stocks that we track routinely in our daily extended watchlists, and the latest one to blow its top is CMGR. We signaled this play for observation on Thursday, and the run it has made has been quite impressive, moving up from a low of .0033 and hitting .0135 for an increase of 309%


Extended Watchlist: 
SSOF, SNMN, ILIM, MWWC, KRFG, HYSR, GRLF, PHIL, AKBA, TRVI, ALNA, CANF, CBIO