To open things up this week, we’re going to go over the performance of a fresh options ideas from Friday morning’s premarket report. We were tracking the KMX Weekly $85-87.50 Calls and we met with some very good fortune in the form of multi-bag, single session gain opportunities.
All four of the contract sets we watching provided enormous intraday chances, which wasn’t surprising, given the huge help we had last week from a surge in the markets. A strong earnings report from KMX did the rest, and we finished out the week with these superb gains:
$85 Calls – Range: .48-2.55 – Max Gain: 431% $86 Calls – Range: .27-1.73 – Max Gain: 541% $87 Calls – Range: .15-1.09 – Max Gain: 627% $87.50 Calls – Range: .10-.76 – Max Gain: 660%
Seres Therapeutics, Inc. MCRB
We’re currently very interested in MCRB for multiple reasons. The stock recently touched down on a new annual low, and at the same time, a company director purchased a huge block of shares which amounted to a significant percentage of the overall market cap.
Since then the stock has been trending off of that bottom, with just the sort of volatility potential we’re always after. In addition to the stock itself being a solid candidate for a recovery play, we will also place the MCRB 07/19 $2.50 Calls on watch.
Over the years we have evolved as the markets have, always trying to find the quickest ways to find the largest gain opportunities possible. On occasion, we do take a break from the big boards and options trading that have become our bread and butter, and go back to our subpenny roots on the OTC. Yesterday, we picked up on LAHO as the company released some fresh news and we witnessed quite an intraday run from the stock.
LAHO traded up from a low of .0005 and hit .0009, for a move of 80% and in some premarket activity this morning, we’ve seen trades go off at .0011, which marks a 24-hour swing of 120% We’ll continue to watch to see if this play can keep the momentum going.
Xalles Holdings, Inc. XALL
We also took a look at XALL in yesterday’s newsletter, another microcap that has been building a head of steam recently. This crypto play has been riding the wave of Bitcoin’s resurgence in a big way, and kept that going for us in yesterday’s session.
XALL traded in a range from .015 up to .021 for a respectable intraday push of 40% out of this stock, whose public float was recently halved. We’ll keep monitoring this one as well.
FRESH OPTIONS IDEAS Dicks Sporting Goods, Inc. DKS Weekly $35-36.50 Calls
YY, Inc. YY Weekly $67 Calls
We have been tracking AMPG for roughly seven weeks now, and thought it was a good time to provide another update. Following our initial alert on the stock in the beginning of April, we observed a low of .043, and AMPG hasn’t looked back. We continued to pound the table as it has gradually ramped its way up, and yesterday it once again pressed its upper limits. The new high on this play is now .0699, which works out to a total rise of 63% in the time we’ve been covering AMPG.
We would also highly suggest our readers take the time to check out the following video on AMPG which offers an exclusive perspective on what makes this company and stock so attractive. We took a hard line on deeming the stock to be undervalued when we started, and have been vindicated as the market has shown itself to agreee with us. This video goes into a bit more depth on that.
A couple of weeks ago, we began tracking SYY including the SYY 06/14 $71 Calls. On the morning of that report, the stock registered a low of 70.93, and in the time span since then, has stair-stepped its way up as high as 75.67, which represents an increase of just 7% however those calls have enjoyed a considerably larger jump. The $71 Calls have run from 2.08-4.30; a gain of 107%
The last time we mentioned CRON was back on December 7th, and to kick things off this week we wanted to point out the fantastic run the stock has been on since then, even through the tumultuous end to 2018 and beginning of 2019 that was experienced by most stocks.
Subsequent to the time of our last alert, CRON was trading as low as 9.56, and the run it’s gone on since then has been incredible. It hasn’t really experienced any kind of downtrend since the week of Christmas, and on Friday, reached a new high of 21.79. That works out to a very respectable five week swing amounting to 128% For a nearly ten-dollar stock that’s an absolutely fantastic run. We’ve seen it inch higher in the premarket today, so we’ll definitely allow CRON to continue to keep its spot on watchlist.
Exxon Mobil Corp. XOM – Review
One of our fresh ideas from Friday morning’s report was the XOM Weekly $73.50-75 Calls
and we are pleased to recall the excellent performance those contracts posted on the day.
It continued a trend of multi-bag options winners that had started well before last week for us. Practically everything we’ve touched in 2019 with regard to earnings related options ideas has gone through the roof. The potential gains there for the taking were as follows:
$207.50 Calls – Range: 1.00-2.91 – Max Gain: 191% $210 Calls – Range: .65-2.49 – Max Gain: 283% $212.50 Calls – Range: .32-1.88 – Max Gain: 488% $215 Calls – Range: .19-1.45 – Max Gain: 663%
After doing quite well with some PBR options to close out last week, we decided to update our idea to some weekly calls for this week yesterday morning, as we rolled up our strike range to the PBR Weekly $14.50-15.50 Calls.
With the head of steam that PBR has been building over the past several sessions, it came as no surprise to see our fresh ideas flourish as well. All three sets of contracts produced solid single session gains to start off the week:
$14.50 Calls – Range: .50-.91 – Max Gain: 82% $15 Calls – Range: .25-.65 – Max Gain: 148% $15.50 Calls – Range: .11-.30 – Max Gain: 173%
Extended Watchlist Recaps:
Yesterday we went over a couple of plays that have done well from our daily Extended Watchlists, and today we’ve got a few similar updates on more solid performers that we’ve tagged within the past few weeks.