Solid Options Runners & More

Key Options Updates: 

We always try to include a mix of quick-strike weekly options ideas into our daily reports, as well as what we refer to as ‘longer-term’ ideas, with expiration dates that are weeks or sometimes even months away.

So this morning, in addition to highlighting the gains in the LI Weekly $29-30 Calls we signaled in our report yesterday, we’ll also backtrack to the HIBB 09/17 $100-105 Calls we put forth on Friday morning, as well as the KC 09/17 $30-35 Calls, which we initially alerted last Wednesday.

The total possible gains in those targets so far are as follows:

LI Weekly $29-30 Calls
 1.50-2.00 (+33%)
$30: 1.08-1.53 (+42%)

HIBB 09/17 $100-105 Calls
 1.20-2.80 (+133%)
$105: .70-1.75 (+150%)

KC 09/17 $30-35 Calls 
$30: .60-2.00 (+260%)
$35: .10-.51 (+410%)

With two-plus weeks remaining until expiration on the HIBB and KC contract sets, we’ll continue to track for the possibility of further increases, and report back with a future update. 

Fresh Options Ideas:
SLQT 09/17 $7.50-10
(*Form-4 Bottom Play*)
NTES Weekly $90-93 Calls
ZM Weekly $310-300 Puts

Extended Watchlist:

Blue Horseshoe Stocks: VDRM, ABVG & More

ViaDerma, Inc. VDRM

VDRM was the first of a pair of plays from yesterday morning’s extended watchlist. The stock enjoyed a gradually increased PPS over the course of the entire session, and ran into the closing bell with strength.

VDRM’s daily trading range was from .0145 to .03, which works out to an intraday pop of 107%  The double-bag move came on well over twice the 3-month average volume, and as stated above, VDRM ran into the close, so we’re going to be maintaining our watch over the stock for the time being, looking for it to record higher lows and higher highs once again.

Affinity Beverage Group, Inc. ABVG

The other item of interest from yesterday’s premarket watchlist was ABVG, which also commanded a fantastic performance which led to a doubling in PPS.

ABVG ran a cool 100% from its super-subpenny low of .0007 right up to a subpenny high of .0014. Like the aforementioned play, it closed very near to its high-of-day, and did so on immense volume. To be exact, ABVG traded 13 times as many shares as its 3-month average, so we will also have room on our watchscreens for this one in sessions ahead.

Michael Kors Holdings Ltd. KORS – Options Idea

With KORS disappointing on Q3 revenue, as well as issuing shaky guidance, the stock is taking a hit in early trading here in the premarket.

Accordingly, we are going to want to signal a range of bearish options to monitor in the event that an even more precipitous decline is in the cards. We’ll be watching the KORS Weekly $39-36 Puts closely, and choosing our specific strike point/s based upon how the activity unfolds once these earnings revelations are traded upon during regular hours.

Extended Watchlist:

Blue Horseshoe Stocks: Big Options Winners & More

Friday Recap: Huge Options Success

Even during such times when big stock gainers are difficult to come by, we’ve managed to balance the scales with some excellent options ideas. It hasn’t been just a few either, a fact to which our regular readers can surely attest. It’s been one great idea after another, and Friday’s premarket report included still more premium chances for big intraday profits!

Our specific targets were UVXY Weekly $33-35 Calls, and SPY Weekly 205-203.50 Puts and there were no contracts within the specified ranges that didnt make an appreciable move during the session. The epic moves were as follows:

Pro-Shares Ultra VIX Short-Term Futures (UVXY) Calls
$33 Calls – Trading Range: 1.01-4.70 – Max Gain: 365%
$33.50 Calls – Trading Range: .80-4.13 – Max Gain: 416%
$34 Calls – Trading Range: .59-3.70 – Max Gain: 527%
$34.50 Calls – Trading Range: .45-2.82 – Max Gain: 526%
$35 Calls – Trading Range: .26-2.85 – Max Gain: 996%

SPDR S&P 500 ETF (SPY) Puts
$205 Puts – Trading Range: .78-2.63  – Max Gain: 237%
$204.50 Puts – Trading Range: .54-2.17 – Max Gain: 302%
$204 Puts – Trading Range: .33-1.60 – Max Gain: 385%
$203.50 Puts – Trading Range: .20-1.17 – Max Gain: 485%

Big cheers go out to any of our readers who were with us on these monstrously successful calls (and puts) on Friday! As we said, most of the options ideas we’ve been formulating have been home runs, and these plays were no different.


As a bonus idea, we included a flag of the FitBit, Inc. FIT  Weekly $30 and 29 Puts, and some stellar gains were possible there as well:

$30 Puts – Trading Range: 1.00-2.80  – Max Gain: 180%
$29 Puts – Trading Range: .54-2.17 – Max Gain: 302%

Bottom-Watch Plays

Magnum Hunter Resources Corp. MHRC

We’re going to signal our interest in MHRC as a potential bottom-play this morning, and a quick viewing of the chart will show why. The stock has been beaten senseless in recent sessions, and is well into what we’d characterize as heavily oversold territory. It has managed to register higher lows in each of the past three sessions, so we’ll be watching for a continuation of that trend up off of the recently recorded 52-week low.


SunEdison, Inc. SUNE

We’ve had our eye on SUNE as the apparently undervalued stock was searching for a bottom. We were looking for solid signs that it had found that bottom and was readying for a rebound, and over the past couple of sessions, we’ve seen the signals we were after. We’re going to officially place this one on watch as we kick off a new week, as we feel the stock to be grossly undervalued at the current PPS.

Trader’s Chat Winner

We also want to give a quick shout-out to DJ from our live trader’s chat* on Friday, who called out the NFLX $105 Puts which subsequently ran from .25-1.63 (+552%). Cheers, DJ!

*Remember, any of our valued readers has to do to get in on our daily trader’s chats, is log into (or create) your Skype account and send a contact request to ‘stocksumo’. We’d be happy to allow any interested parties to participate!

Extended Watchlist: