GS, PEP Options Review, Fresh Ideas & More

GS, PEP Options Breakout:

With the earnings drought just days away from finally ending, we still have been managing to seek out winning plays. As we’ve said, next week begins a torrential outpouring of quarterly reporters on the order of dozens, if not hundreds per day!

We got back on the track of options perfection yesterday, with both of our fresh ideas in our premarket report yielding stellar intraday chances to profit. We had selected the GS Weekly $380-385 Calls and the PEP Weekly $149-152.50 Calls following Goldman Sachs and Pepsi’s earnings releases.

Despite an up-and-down sort of a session for the markets at large, we witnessed some serious multibag moves from every single contract we slated for observation. Here are the total possible gains that traders could have logged on the strength of those ideas:

GS Weekly $380-385 Calls
$380: 1.64-4.69 (+186%)
$382.50: 1.19-3.68 (+209%)
$385: .85-2.89 (+240%)
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PEP Weekly $149-152.50 Calls 
$149: 2.20-4.95 (+125%)
$150: 1.50-4.00 (+167%)
$152.50: .43-1.73 (+302%)


Fresh Options Ideas:
SPY 07/14 $436-437 Calls*
C Weekly $69-70 Calls

*Please be aware that these SPY Calls will expire at the end of the trading day. Trading options on the day of their expiration is a high-risk/high-reward proposition that should only be undertaken by experienced traders!


Extended Watchlist:
OXBR, XELA, JZXN, MINM, CTIB, DTSS, RMRK, CYBL, BLEG, MSAV, BTDG, CRSM

Tons of Options Plays

BioNTech (SE) BNTX – Options Recap:

Yesterday morning, our premarket report featured a couple of options ideas, one of which was in BNTX. This came right on the heels of the company’s revelation that its COVID-19 vaccine developed in partnership with Pfizer has demonstrated a 100% efficacy rate in adolescent recipients.

That news provided at least some of the impetus for for our targets, the BNTX Weekly $99-101 Calls, to produce the following multibag intraday gain opportunities for anyone who caught our alert: 

BNTX Weekly $99-101 Calls
$99:  2.90-7.00 (+141%)
$100: 2.15-6.80 (+216%)
$101: 2.30-5.30 (+130%)

We’ll be looking to extend these gains once again today, and will roll up to include the BNTX Weekly $105-107 Calls in our watchlist for the remainder of this short week.
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AbCellera Biologics, Inc. ABCL – Our other fresh options idea from yesterday was a longer-term target with a couple weeks still remaining until expiration, but we saw instant results after calling the timing of the reversal perfectly:

ABCL 04/16 $25 Calls 

$25: 1.75-3.00 (+71%)


Fresh Options Ideas:
CHWY Weekly $90-93 Calls 

LULU Weekly $315-310 Puts
WBA Weekly $53-54 Calls 


Extended Watchlist: 
RSCF, INND, KYNC, TMGI, INKW, FTXP, BTDG

Blue Horseshoe Stocks: Monday’s Movers, Bottom-Play & More

Yesterday’s Movers

B2Digital, Inc. BTDG –  One of the stocks that we were looking at from yesterday morning‘s extended watchlist was BTDG. This super-subpenny play made its move right from the opening bell, and by the time the first hour of trading had elapsed, the stock had recorded a double-bag move to the upside.

BTDG traded in a range from its low of .0004, and hit .0008- a perfectly symmetrical 100% rip. The stock closed at its dily mid-point of .0006, and with the kind of volatile price action we’ve observed, we’ll be certain to keep an eye peeled in sessions to come.

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Novus Acquisition & Development Corp. NDEV – The other notable mention from yesterday’s report was NDEV. We noticed this one had just perked up after a sustained period of lethargic trading the day prior, and the trend continued.

The stock traded in a solid range from .30-.442, an intraday push of 47%, and perhaps most notably, closed with strength at .43 after having traded roughly two-and-a-half times its 30-day average volume. That’s sufficient to warrant further observation, thus NDEV will remain an item of interest for us.



DAVIDs TEA, Inc. DTEA

We’re going to add DTEA to the radar this morning. After a substantial gap-down and continued backslide on Friday, the stock gave a hint of a bottom-bounce to kick off the week yesterday along with a major influx of volume.

As you can see on the included snapshot, the stock is egregiously oversold and could be preparing for a more significant rebound, so we’ll want to be on the lookout for that.


Extended Watchlist:
RNVO, AKAO, QFOR, FDFT, REFG, PMPG