Big-Time Options Winners

Reviewing Friday’s Ideas 

We included a trio of options ideas in Friday morning’s premarket report, and like clockwork, they all churned out multi-bag runs on the day, allowing ourselves and our readers the chance at some really nice gain opportunities.

Our continued success in short-term options trading is such that these kind of results are essentially expected, as a matter of course. But don’t take our word for it, we urge newcomers to subscribe and test the validity of our claims for yourselves!

We had targets in the SPY, ADBE, and SRPT chains, and in each case we witnessed explosive moves to the topside. Here are the potential profits that were on the table:   

SPY Weekly $317.50-318.50 Calls
$317.50 Calls
 – Range: .54-1.48 – Max Gain: 174%
$318 Calls – Range: .36-1.20 – Max Gain: 233%
$318.50 Calls – Range: .18-.83 – Max Gain: 361%

ADBE Weekly $310-315 Calls
$310 Calls
 – Range: 4.60-11.52 – Max Gain: 150%
$312.50 Calls – Range: 2.51-9.04 – Max Gain: 260%
$315 Calls – Range: 1.51-6.62 – Max Gain: 338%

SRPT Weekly $132-134 Calls
$132 Calls
 – Range: 1.55-7.08 – Max Gain: 357%
$133 Calls – Range: 1.79-4.40 – Max Gain: 146%
$134 Calls – Range: 2.14-5.50 – Max Gain: 157%
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Fresh Options Idea:
WW Weekly $39.50-40.50 Calls 


Extended Watchlist:
ASRT, ADXS, AXSM, GLOG, CWH, BMRN, CYTK

AXSM Runner, Options Ideas

Axsome Therapeutics, Inc. AXSM 

We’ve got a major recent success story to tell with AXSM today. We highlighted this stock roughly seven weeks ago in our report on October 16th, and AXSM has done very little else but continue to press upward, setting new highs on a practically daily basis.

We would tag in yesterday’s report once again before seeing the stock attain new highs for the umpteenth time in recent weeks.  Our observed low following our initial alert is 20.48, and as of yesterday’s brand new high of 47.24, that marks a fantastic swing of 131% There’s no telling where this wild ride will let off, with the stock having already been firmly in Blue Sky territory for well over a week now.


Fresh Options Ideas

Workday Inc. WDAY reported on earnings in the post-market yesterday, and despite a beat on sales and earnings, the company’s forecast precipitated a shakedown of the stock. We’re going to sit on the bearish side of the fence and monitor to the WDAY Weekly $167.50-165 Puts

Excelon Corp. EXC is simply a double-bottom, potential extended-term rebound idea that we want to offer up. We’re going to begin tracking the EXC 02/21 $45-47 Calls, with the stock looking due for a recovery at any time.


Extended Watchlist: 
DBVT, YTEN, ASLN, WKHS, TYME, CHK, CLVS, CPST

Big Gainers, New Ideas

Donaldson Company Inc. DCI

With the earnings calendar still looking a bit light following the Thanksgiving lull, we are seeing one potential opportunity showing some synergy with the current market environment.

DCI missed on earnings published this morning, while also having been exhibiting a strong double top formation (bearish signal). Along with what looks to be a strong chance of another lackluster day for the markets at large, we are going to begin tracking the DCI 12/20 $50-45 Puts. 


Kodiak Sciences, Inc. KOD 

We also wanted to review the epic single session performance of KOD, which we included in yesterday’s premarket extended watchlist.

The stock responded with a huge run from 35.00 to a high of 72.97. That works out to an intraday surge of 108% which is simply incredible for a stock in this price range.


Organogenesis Holdings Inc. ORGO

Lastly, we’ve got a number of factors drawing our interest to ORGO. From a technical standpoint, the stock is looking ripe for rebound off of its bottom and potential topside gap fill.

Meanwhile, an institutional insider filed a Form-4 for the purchase of $30M near the current lows. When considering the entire picture, ORGO is definitely one that we will want to observe closely in the days, and possibly weeks ahead.


Extended Watchlist: 
ADSV, ADAP, ABIL, ABEO, AXSM, SNSS, ORTX, BRMK