Persistent Options Success & More

Options Bonanza Continues: 

We were reporting absolutely massive gains in Wednesday’s tracked options plays for yesterday morning’s premarket report, and like always we went ahead and tried to find some fresh opportunities for our readers. If anyone thought that the thousand-percent gains and more we unearthed was a rare occurrence, that can be laid to rest today.

Our fresh plays for the day and once again we gave our readers access to ten-baggers for the session, in two separate picks! Our targets were the KSS Weekly $52-54.50 Calls, the EL Weekly $310-320 Calls, and the NVDA Weekly $190-193.75 Calls, with the KSS and NVDA calls being the major runners on the day.

Here were the total possible profits on the table for the session: 

KSS Weekly $52-54.50 Calls
$52:
 .91-4.25 (+367%)
$52.50: .59-3.64 (+517%)
$53: .50-3.40 (+580%)
$53.50:  .37-2.79 (+654%)
$54: .20-2.53 (+1165%)
$54.50: .24-2.06 (+758%)
_____

EL Weekly $310-320 Calls
$310:
 11.40-18.19 (+133%)
$320: 2.61-10.80 (+314%)
_____

NVDA Weekly $190-193.75 Calls 
$190: 2.01-15.01 (+647%)
$191.25: 1.53-13.65 (+792%)
$192.50: 1.17-12.57 (+974%)
$193.75: .92-11.38 (+1137%)


Fresh Options Ideas: 
BKE Weekly $42.50-45 Calls*
FL Weekly $57-59 Calls*
DE Weekly $360-365 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds! 


Extended Watchlist:
GRNQ, GOVX, NAKD, WDLF, RGBP, CYBL, TSOI, AITX, SHMP, TGGI, EEGI

Closing Out an Interesting Trading Week

Bearish Retail Targets Fall Despite General Uptrend:

With the state of the markets this week, we had remained primarily focused on bearish signals through to yesterday morning’s report. Even as stocks put forward an impressive rebound on Thursday, the majority of our tracked plays still produced.

Two of our three designated potential targets bucked the trend of the day, both giants in the retail space. The KSS Weekly $58-56.50 Puts and the RL Weekly $130-125 Puts logged very respectable intraday upswings, with four out of those six contract sets recording double-bag gains or better.

Here were those trend-bucking moves, and total potential daily gains for traders: 

KSS Weekly $58-56.50 Puts
$58: 
3.00-5.54 (+85%)
$57.50: 2.40-4.00 (+66%)
$57: 1.70-4.22 (+148%)
$56.50: 1.30-3.65 (+181%)
_____

RL Weekly $130-125 Puts
$130: 
4.10-10.85 (+165%)
$125: 1.45-6.50 (+348%)


Fresh Options Ideas:

We’re going to flip back over to the other side of the fence this morning and designate some bullish options ideas for today. The scenario with the above mentioned short plays was the exception, not the rule. The typical key to our particular brand of quick-strike trading is to constantly keep your finger on the pulse of the markets and heed the prevailing winds. 

BKE Weekly $40-42.50 Calls
DE Weekly $357.50-362.50 Calls
SPY 05/21 $415-417 Calls


Extended Watchlist:
ENKS, MLFB, IFUS, MINE, SUIC, COWI, TGRR, CZNI

NTES 2000% Gainer!


NetEase Inc. NTES – Update

We initially slated the NTES Weekly $86.50-87.50 Calls for observation in Thursday morning’s premarket report, and following huge gains ranging from 500-1000% that day, we have still more new highs to update readers on this morning. Additionally, we added the $90 Calls to our target list on Friday, and those produced a big gain opportunity as well.

Here are the new highs that were set in the original targets and the daily range for Friday in the $90’s: 

NTES Weekly $86.50-90 Calls
$86.50
: .65-7.00 (+977%)
$87: 1.35-6.60 (+389%)
$87.50: .26-6.30 (+2323%)

$90: 1.66-3.97 (+139%)


More Options Recaps 

As for the rest of our fresh options ideas from Friday, we had designated the BKE, HIBB, and GSX chains as our prime areas of interest, going bullish on BKE and HIBB and bearish on GSX. The results were solid gain chances across the board for ourselves and our readers.

Here are the ranges and potential profits that were on the table with these plays on Friday: 

BKE Weekly $27.50-30 Calls
$27.50: .05-.65 (+1200%)
$30:.35-1.32 (+277%)
_____

HIBB Weekly $45 Calls
$45: .45-.97 (+116%)
_____

GSX Weekly $63-60 Puts 
$63: 5.74-9.00 (+57%)
$62: 4.53-8.00 (+77%)
$61: 4.47-6.41 (+43%)
$60: 2.82-6.40 (+127%)


Extended Watchlist:
GBTC, FMCC, FNMA, ALPP, ENZC, DSGT, EXROF, CVLB, SURG