AZZ Multibagger, PEP Options Idea

AZZ Targets Run:

Things were rather thin yesterday morning in terms of potential options ideas that jumped out to us as we were searching for new potential plays. We only had one earnings reporter on the day, and that happened to be AZZ. We decided to go bearish on that, and it turned out to be a pretty good idea. Things will be picking back up for earnings next week, so we have that to forward to, but for now we’re still just getting along as best we can.

We targeted the AZZ 10/21 $40-35 Puts, and while the gain chances they generated didn’t shatter the earth, it was still quite a respectable outing, with the $35’s yielding a really nice multibag rip. Here were the ranges and total possible profits to made off of yesterday’s AZZ Puts.

AZZ 10/21 $40-35 Puts
$366: 6.30-8.98 (+43%)
$367: 1.50-4.80 (+220%)


Fresh Options Ideas: 
PEP Weekly $162.50-167.50 Calls 


ProText Mobility Inc. TXTM – OTC Recap: 

A lot of our regular readers will recognize TXTM as an OTC play that we’ve tracked pretty consistently over the recent past, and one that has been producing solid swing trade opportunities. After our most recent alert on September 27th, the stock has posted a run from a low of .0071 up to .0146, which is a double-bag increase of 106%


Extended Watchlist:
MMTLP, AABB, VAPR, AMNL, GMGMF, PMOMF, GEGI, ADMP, HPCO, PEGY, CCNC

Trio of Fresh Options Plays, OTC Recaps

Options Updates from Wednesday:

With the third straight session of the week going bullish in a big way yesterday, we were able to snag some pretty nice gain opportunities in the RPM Calls that we signaled in our premarket report, as well as some new ranges and big time moves in the SPY Calls that we formulated on Tuesday morning.

We’re talking about the RPM 10/21 $90-95 Calls and the SPY 10/05 $370-372 Calls, respectively, and here was the activity that they put forth yesterday, along with the total possible profits that could have resulted.

RPM 10/21 $90-95 Calls
$90:
 3.00-5.40 (+80%)
$95: 1.05-2.30 (+119%)
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SPY 10/05 $370-372 Calls
$370: 2.07-9.29 (+3499%)
$371: 1.50-8.14 (+442%)
$372: 1.03-7.42 (+620%)


Fresh Options Ideas:
STZ Weekly $240-237.50 Puts
ANGO 10/21 $20 Puts
PTON 11/04 $8.50-9.00 Calls


OTC Recaps:

Therapeutic Solutions International, Inc. TSOI – We tagged TSOI on the 21st of September, at which time the stock was trading for as little as .009. Yesterday it registered a new high of .0178 which marks an increase of 98% in just a couple of weeks.
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Net Savings Link, Inc. NSAV – This one appeared on yesterday morning’s extended watchlist, and recorded a pretty nice intraday move for us as it ran from .0042-.0064. That works out to an intraday push of 52%


Extended Watchlist:
DVLP, VNTH, ARTH, AXAS, NUGN, PEGY, ZVO, CCNC, STAB, IMBI, GGE, WKEY, REVB

Big Name Earnings Reporters & More

Denali Therapeutics Inc. DNLI – Options Review:

The first thing we want to do this morning is provide an update on DNLI. Earlier this month, we formulated a longer term options idea which has been heating up over the past week. Most of our daily options ideas are geared toward weekly calls and meant to be quick-strike opportunities, but on occasion we do like to signal interest in contracts with several weeks or even months remaining until expiration.

In this case, we targeted the DNLI 11/19 $50-55 Calls, and in the past several sessions, significant moves have begun to occur, with both sets cracking into multibag territory. So far, the trading ranges on these plays have been as follows:

DNLI 11/19 $50-55 Calls
$50: 1.20-2.94 (+145%)
$55: .50-1.43 (+186%)

We’ll want to continue to monitor these ideas, with more than three weeks left until they expire and the stock being on the move.


Fresh Options Ideas:
UPS Weekly $207.50-212.50 Calls
FB Weekly $325-332.50 Calls
LMT Weekly $360-345 Puts


Extended Watchlist:
BKKT, PROG, RDBX, EQOS, OCGN, WBX, CCNC, AGC, METX, AIAD, CYBL, ASTI, IGEX