Tag: CHWY

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

Enjoying Sustained Options Success

Closing Out Another Great Week of Options Trading

Despite a momentary lull in the volume of earnings reporters earlier in the week, we managed to find several winning options ideas.

This morning, in addition to even more fresh ideas, we’ll recap the new highs in our CHWY calls, as well as the huge single session performance by LL, which we signaled in yesterday’s report. Those approached and exceeded the 1000% gain range on the day.

CHWY Weekly $25.50-26 Calls
$25.50 Calls – Range: 1.05-3.10 – Max Gain: 195%
$26 Calls – Range: .80-2.52 – Max Gain: 215%
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 LL Weekly $9.50-10 Calls
$9.50 Calls – Range: .15-1.40 – Max Gain: 833%
$10 Calls – Range: .10-1.15 – Max Gain: 1050%
$10.50 Calls – Range: .05-.65 – Max Gain: 1200%

Fresh Ideas to Close Out the Week

SPY Weekly $317.50-318.50 Calls*
ADBE Weekly $310-315 Calls*
SRPT Weekly $132-134 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds! 

LMP Automotive Holdings, Inc. LMPX – Recap

We also wanted to make mention of the solid intraday move by recently IPO’d LMPX, which we included in yesterday’s extended watchlist.

The stock ran from a low of 16.23, and hit 22.95. That worked out to an upswing of 41% and registered as the NASDAQ’s second biggest gainer of the day.

Extended Watchlist:
ROYT, CREG, ACHV, LODE, WVE, SLDB, FPAY

More Winning Options Plays

More Options Recaps

If it seems like we spend a lot of time going over options plays we’ve highlighted, it’s because our ideas are constantly turning in incredible performances.

Yesterday, after going over some prior wins, we offered up ideas for PLCE and CHWY, and sure enough, those were solid movers too. The following opportunities were there for the taking in those plays:

PLCE Weekly $61-59 Puts 
$17 Puts – Range: 4.35-7.10 – Max Gain: 63%
$16 Puts – Range: 2.35-6.70 – Max Gain: 185%
$15 Puts – Range: 2.30-5.20 – Max Gain: 126%

CHWY Weekly $25.50-26 Calls
$25.50 Calls – Range: 1.05-2.13 – Max Gain: 103%
$26 Calls – Range: .80-1.64 – Max Gain: 105%

Fresh Options Idea: 

We’re going to place the Lumber Liquidator Holdings, Inc. LL Weekly $9.50-10 Calls on watch, with the express understanding that if the stock manages to breach its 200DMA of 10.20, that we will want to roll up to include the $10.50’s as well.

Extended Watchlist:
LMPX, AMRX, RTTR, JAGX, CIEN