Tag: BKE

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

Big Moves Across the Board

Blink Charging Co. BLNK – Recap 

Our first order of business this morning as we wrap up another great trading week, is to take a look at the incredible performance we’ve seen from BLNK since we flagged it back on September 30th.

After coming down to a low of 7.33 in October, BLNK has spent this entire month on the uptick, which culminated in a new high of 19.10 during yesterday’s session. That move represents an increase of 161% and firmly plants the stock in blue sky territory. The stock is gapping up in the premarket this morning and it looks like we should see some new highs once again.
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Alpine 4 Technologies Ltd. ALPP – Recap

We also signaled interest in ALPP on Wednesday morning, and that stock has made a multibag move in just a couple of sessions. We’ve observed a run from .0735 up to a high of .162. That comes out to an upswing of 120%

NetEase Inc. NTES

We hashed out a fresh options idea for the NTES chain in yesterday morning’s premarket report, targeting the NTES Weekly $86.50-87.50 Calls and they all exploded.

Here are the fantastically impressive moves those contracts made, including a single session TEN BAGGER on the $87.50 Calls!

NTES Weekly $86.50-87.50 Calls
$86.50: .65-3.90 (+500%)
$87: 1.35-3.60 (+167%)
$87.50: .26-3.00 (+1054%)
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Fresh Options Ideas*:
BKE Weekly $27.50-30 Calls
HIBB Weekly $45 Calls
GSX Weekly $63-60 Puts
NTES Weekly $90 Calls 

*Please don’t trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds.

Extended Watchlist:
DGTW, ADOM, GAXY, ATVK, SFIO