Kicking Off the First of Two Short Trading Weeks

Dave & Busters Entertainment, Inc. PLAY – Options Review:

We just had a single solitary options idea that we formulated for Friday morning’s premarket report, in the Dave & Busters chain, the PLAY 01/20 $35-37 Calls. We’ve got an update on this morning to start off this short week, which we expect to be rather laid back, if prior years are any indicator.

There weren’t any other interesting earnings reporters going out on the day, but we managed to eke out some decent gains. We’re going without earnings once again today, but we’ve got some increased activity in the OTC as you’ll read about below.

PLAY 01/20 $35-37 Calls
$35: 1.03-1.85 (+80%)
$36: .72-1.27 (+76%)
$37: .60-.81 (+35%)


More OTC Recaps:

We tend to lean more heavily on the OTC toward the end of the year, when penny stocks typically heat up compared to the larger markets. Not many large companies are reporting earnings at the moment, and OTC tax loss selling can hammer a lot of these stocks down. That, in turn, causes a wave of opportunistic traders like ourselves to swoop in and accumulate cheap shares. The net result is a heightened landscape of possibility for many over the counter stocks.

Below, we’ve got a group of OTC plays we’ve been tracking in recent reports that posted some new highs on an otherwise mundane Friday. We last alerted STRY and BIEI on the 20th, and GTII just a couple of days later. Here were the updated figures on the total ranges and possible gain opportunities as we closed out the trading week:

Starry Group Holding, Inc. STRY
Alerted: December 20th
Range: .0165-.0335 (+103%)
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Premier Biomedical Inc. BIEI
Alerted: December 20th
Range: .0031-.006 (+99%)
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Global Tech Industries Group, Inc. GTII
Alerted: December 22nd
Range: .74-1.20 (+62%)


Extended Watchlist:
ICNM, OTTV, CYDY, CLOW, DBMM, HIRU, BWLKF, APE, ATNF, HTGM, NEPT, CEI, GMTX

Happy Holidays! Putting a Cap on a Good Week

HAPPY HOLIDAYS ONE AND ALL!

Before we do our wrap-up for the week we’d just like to wish all of our readers the very best, no matter which holidays you choose to celebrate for the season! We appreciate all of our readers, and will continue to work hard to try to bring you interesting ideas, or just a different way of looking at things. It’s been a great year, and we’re looking forward to what the next one has in store. Good tidings and cheers to every last one of you!


Another Options Clean Sweep:

We made good on all three sets of options ideas we formulated for yesterday morning’s premarket report. Turning in a flawless sheet for the second straight day in a row. The markets dipped, which was good for our bearish targets, and there was at least an attempted recovery toward the second half of the session that provided some good intraday movement for our one bullish idea.

The targets in question were the KMX Weekly $54-52 Puts, the PAYX 01/20 $115-120 Calls, and the MU Weekly $50-48.50 Puts. and as will see below, the potential gains ranged in ascending order from nominal all the way up to excellent. Here’s how the day broke down for us:

KMX Weekly $54-52 Puts
$54:
 .65-.93 (+43%)
$53: .39-.55 (+41%)
$52: .35-.65 (+86%)
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PAYX 01/20 $115-120 Calls
$115:
 .92-2.20 (+139%)
$120: .33-.70 (+112%)
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MU Weekly $50-48.50 Puts 
$50: .65-1.62 (+149%)
$49.50: .41-1.15 (+180%)
$49: .24-.81 (+238%)
$48.50: .15-.52 (+246%)


Fresh Options Ideas: 
PLAY 01/20 $36-37 Calls


Blue Apron Holdings Inc. APRN:

We’ve also got another update for APRN, which we had just put on people’s radars in yesterday morning’s report. After seeing a low of .75 yesterday, the stock had reached 1.29 her in the premarket, representing a jump of 72% We’ll continue to monitor this stock when we pick things up on Tuesday following the holiday.


Extended Watchlist:
GTII, BIEI, LIACF, SMME, APE, XPON, CORZ, SWVL

Big Options Runners, Trio of Fresh Plays

A Clean Sweep on Options Plays:

We finally got the lead out yesterday, with some options trading ideas that were reliant upon the markets posting a solid session. Fortunately, the chips fell in the desired direction, and led to some very respectable intraday gain chances for ourselves, and anyone who caught our premarket report for the day.

On the menu for Wednesday were the SPY 12/21 $381-383 Calls, the NKE Weekly $113-115 Calls, and the FDX Weekly $170-175 Calls. Here was the breakdown of the intraday moves and total possible gains that were there for the taking:

SPY 12/21 $381-383 Calls
$381:
 2.39-6.23 (+161%)
$382: 1.70-5.35 (+215%)
$383: 1.16-4.40 (+279%)
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NKE Weekly $113-115 Calls
$113:
 3.75-6.31 (+68%)
$114: 3.30-5.50 (+67%)
$115: 1.25-4.60 (+268%)
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FDX Weekly $170-175 Calls 
$170: 1.77-3.90 (+120%)
$172.50: .90-2.37 (+136%)
$175: .43-1.30 (+202%)


Fresh Options Ideas: 
KMX Weekly $54-52 Puts
PAYX 01/20 $115-120 Calls 

MU Weekly $50-48.50 Puts 


Blue Apron Holdings Inc. APRN:

As tax loss season is winding down, we want to put APRN on our readers’ radars as a potential bottom bouncer to swing trade into the new year. The stock has just started to rebound off of its 52-week lows and established a higher high yesterday. We’ll be watching this potential value play over the days and weeks ahead.


Extended Watchlist:
GTII, BIEI, COSG, SMME, SCPS, CORZ, PRQR, APE, SWVL, ISO