Tag: BCHG

Using the SPY to Our Advantage, 3 Fresh Ideas

SPY Puts Surge: 

Once again yesterday, the markets losses are our gains. Our lone options trading idea for the day focused upon a dim view of the SPY, and with another precipitous decline for stocks, we hit the nail right on the head. This is among the reasons why our readers see SPY plays in our newsletters on a highly regular basis, as it tends to be easier to predict the actions of the markets as a whole than it is do so the same for just one. The SPY also sees a lot of intraday volatility which can often lead to opportunities on both sides of the fence in a single session.

In terms of yesterday morning, due to a bit of a drought of earnings reporters, our premarket report contained only one idea, which was the SPY 06/13 $385-383 Puts. Those targets offered up the chance at the following really nice intraday profit chances:

 SPY 06/13 $385-383 Puts
$385: 4.24-11.01 (+160%)
$384: 3.46-10.50 (+203%)
$383: 2.84-9.67 (+240%)

Fresh Options Ideas:
ORCL Weekly $70-72.50 Calls
COP Weekly $110-112 Calls
FERG Weekly $100-110 Calls

ProText Mobility, Inc. TXTM – Recap:

We also wanted to provide a quick recap on the run in TXTM yesterday. We last flagged this play for observation in an extended watchlist a few weeks back, subsequent to which the stock was trading for as little as .0016. Yesterday, on an immense amount of volume, the stock surged as high as .0049, which marks a 206% swing over our observed low.

Extended Watchlist:
KAVL, SLNO, EMBK, GMVD, SONM, CLVS, LTCN, SIRC, BCHG, BMIX, LICY

COIN Puts Blast Off & More

Options Review: 

It was a mixed bag sort of a day for the markets yesterday, as everything traveled up in the morning and came down in the afternoon. We had options ideas on both side of the tracks which managed to produce some very nice intraday gain opportunities for us. Typically we try to select targets that we feel have a solid chance of providing the kind of volatility needed to facilitate big moves in a short time frame, and that’s why we usually stick to companies that have untraded-upon earnings.

Our earnings plays that rattled off big moves yesterday were the EA Weekly $111-113 Calls and the COIN Weekly $65-55 Puts. In the case of the COIN targets. based on this morning’s premarket activity we would expect to see even more of an increase today over the figures you’ll see below from yesterday’s session:

EA Weekly $111-113 Calls
$111: 4.60-13.65 (+197%)
$112: 3.80-13.75 (+262%)
$113: 5.70-12.25 (+115%)
_____

COIN Weekly $65-55 Puts 
$65: 6.00-15.20 (+153%)
$60: 3.30-10.80 (+227%)
$55: 1.85-7.10 (+284%)

Fresh Options Ideas:
SPY 05/13 $392-389 Puts
DIS Weekly $101-98 Puts
NICE 05/20 $185-190 Calls
HCP 07/15 $30-40 Calls 

Extended Watchlist:
BCHG, HYSR, WHSI, PRCX, IINX, ALNA, CPMG, MITO, CGEM, RIDE, SLRX

Kicking Off the Final Week of 2021!

Multibag Runner Review: 

We hope everyone enjoyed the long holiday weekend, and are ready to kick off short trading week number two! Despite the fact that there haven’t been many earnings reporters, which is typical for the holiday season, we still managed to track down some excellent gain opportunities in our premarket report on Thursday.

We signaled our interest in the SPY 12/23 $467-469 Calls, and the CROX 01/21 $150-155 Calls, and got some very nice intraday results from both sets of ideas. We’ve also got some figures for the moves made by the SNAP 01/28 $50-53 Calls we formulated in our report from last Monday morning. 

SPY 12/23 $467-469 Calls
$467: 2.05-5.17 (+152%)
$468: 1.29-4.23 (+228%)
$469: .78-3.25 (+317%)
_____

CROX 01/21 $150-155 Calls
$150: .90-1.90 (+111%)
$155: .64-1.40 (+119%)
_____

SNAP 01/28 $50-53 Calls 
$50: 1.10-2.56 (+133%)
$51: 1.03-2.10 (+104%)
$52: .81-1.82 (+123%)
$53: .69-1.50 (+117%)

Fresh Options Ideas:
SFIX 02/04 $21-23 Calls 
SPY 12/27 $471-473 Calls 

South Beach Spirits, Inc. SBES:

We also wanted to provide a quick update on SBES, a stock which we tagged for observation the week before last on the morning of the 16th. This subpenny runner made quite a move subsequent to our alert, trading up from a low of .0017 and running as high .0051 last week. That works out to an overall move of 200%

Extended Watchlist:
AABB, ENZC, USEI, VYGVF, SYAAF, GTII, BCHG, SMURF, FERN GOFF, MBOT, AVCT, GNCA, NKLA