Tag: CMFO

Earnings Fuel Options Runners

Earnings Plays Paying Off: 

We entered a nice mix of options plays both bearish and bullish in our report yesterday morning based on earnings. We were targeting contracts in the TSLA, GE, and RTX chains, specifically the UPS Weekly $210-205 Puts, the GE Weekly $12.50-13 Calls, and the RTX Weekly $86.50-87.50 Calls.

Those targets recorded some very respectable moves on the day, with a fair few breaking into double-bag territory. We can’t always guarantee that our daily ideas will bear fruit, but it’s always nice when we score a 100% success rate. For our newer readers, this actually happens with a frequency that we’re very proud of, and believe you will be impressed with!

Here were the intraday ranges and total possible gains in those plays: 

UPS Weekly $210-205 Puts
$210: 12.70-19.55 (+50%)
$207.50: 11.01-16.79 (+51%)
$205: 8.45-14.79 (+54%)
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GE Weekly $12.50-13 Calls
$12.50: .42-.71 (+356%)
$13: .14-.31 (+137%)
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RTX Weekly $86.50-87.50 Calls
$86.50: 1.51-2.87 (+51%)
$87: 1.24-2.55 (+54%)
$87.50: .91-2.14 (+51%)
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More Post-Earnings Options Ideas:
BA Weekly $230-235 Calls
AMD Weekly $92.50-93.50 Calls
SBUX Weekly $124-122 Puts
MSFT Weekly $287.50-292.50 Calls 

Probability Media Corp. PBYA – Recap:

We’d also like to recap the performance of an OTC play we’ve been tracking this month. We tagged PBYA in yesterday morning’s extended watchlist and the stock ran for a respectable 56% from .0085-.0133.

For anyone who caught our earlier alert on this play a few weeks ago on the 7th, subsequent to which time it was trading for as little as .0035, yesterday’s high represented an overall move of 280%

Extended Watchlist:
BTBT, INFI, GRVI, SPRT, BOTY, TXTM, CPSL, NHYF, CMFO, DPLS, RSHN, SEEK

FREE, PHOT, AAPL & Extended Watchlist

FreeSeas, Inc. FREE

Everything we talked about yesterday ended up doing well, beginning with FREE. After opening up at .3723 the stock shot up to a high of .468, a move of 26%. Most importantly it held those gains nicely all the way through the close at .45.

This was right on par with what we had hoped to see from FREE, as it closed above the 50DMA. It seems our timing of the bounce worked in our favor, and moving forward, we’d like to see the stock continue to make higher lows and higher highs. The 10DMA of .49 and the 20DMA of .60 are going to be our next major hurdles to clear.

Growlife, Inc. PHOT

PHOT went on a similarly successful run as well, following yesterday’s morning report. The stock opened up at .0719, and continued to push the envelope all day, reaching its peak at .0899 shortly before 2PM. That marked an intraday gain of 25%, and like FREE, the stock managed to hold a significant portion of those gains into the close (.0847)

That solid performance came on nearly four times the average volume, so we are going to be keeping an eye on this stock for continued momentum.

Apple, Inc. AAPL – Options

The 11/01 $505 and $510 Calls that we had been tracking would hit their highs early on in the session before AAPL began pulling back from its big gap-up. The $505’s touched an ultimate high of 29.70 (Original alert in the $12-range) while the $510’s reached their peak at 26.44 (1st alerted at $10).

Both sets of contracts offered the chance to gain over 100% At that point, any good trader is taking profits off of the table and chalking it up as a win. Between now and when AAPL releases earnings on the 28th, we’ll be looking to move our strike price closer to the money, and continue to take advantage of this cash cow any way that we can.

Extended Watchlist:
BIEL, AVEW, DUSS, JAKK, CERE, CPRX, STXS, CMFO (Large gap-down watching for possible bounce)