WD-40 Company WDFC – Options Update:
As we close out this holiday-shortened week, we’ll start off by giving an update on the options idea we put forth in yesterday morning’s premarket report. We were looking at the WDFC 07/16 $250-270 Calls on the heels of the company’s earnings drop from the day prior.
The stock itself ran to nearly $280 before tapering back and that provided some very nice intraday gain opportunities for anyone who had caught our alert. Here are the intraday trading ranges and total possible gains on those targets:
WDFC 07/16 $250-270 Calls
$250: 20.32-26.15 (+29%)
$260: 7.81-16.67 (+113%)
$270: 4.31-8.18 (+90%)
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Fresh Options Ideas:
GBX 07/16 $40 Calls
LEVI 07/16 $29-30 Calls
Carver Bancorp Inc. CARV – Recap:
Additionally, we want to go over the performance of CARV following its inclusion in yesterday’s extended watchlist. A short-squeeze provided an excellent intraday move for a stock in this price range.
CARV ran from 16.61 to a new high of 38.87 on the day marking an upswing of 134% on volume of over 82X the 30-day moving average!
Extended Watchlist:
GALT, AGRI, TBLT, AABB, KRFG, ASTI, AMLH, HMNU, BICB, ELRA, VOIS, INTK