4-Pack of Fresh Options Ideas & More

Another Successful Options Sweep: 

 Another daily newsletter, another set of fantastic opportunities to score solid intraday gains. We were firing on all cylinders with our fresh options ideas in yesterday morning’s premarket report. offering up our takes on what we figured would be four potential plays on the day. We figured correctly, and witnessed another sweep across the board, as the markets flew in the face of the early indicators and traveled up for a vast majority of the session,

That allowed for some excellent single-session moves on all of our designated targets, which were the PLAY Weekly $38-39 Calls, the ASO Weekly $34-37 Calls, the GTLB 06/17 $40-45 Calls, and the KSS Weekly $45-46.50 Calls. Only four of the twelve total sets of contracts in our highlighted ranges fell just short of multi-bag status on the day. The moves they recorded were as follows:

PLAY Weekly $38-39 Calls
$38: 
.91-1.78 (+96%)
$39: .62-1.35 (+118%)
_____

ASO Weekly $34-37 Calls
$34: 3.20-5.00 (+56%)
$35: 2.15-4.08 (+90%)
$36: 1.56-3.05 (+96%)
$37: .96-2.17 (+126%)
_____

GTLB 06/17 $40-45 Calls
$40: 
5.40-11.80 (+119%)
$45: 2.90-7.60 (+162%)
_____

KSS Weekly $45-46.50 Calls
$45: 1.20-2.49 (+108%)
$45.50: 1.05-2.34 (+123%)
$46: .85-1.80 (+112%)
$46.50: .46-1.60 (+247%)


Fresh Options Idea:
CPB Weekly $46-48 Calls
WMT 08/19 $135-140 Calls
BABA Weekly $106-109 Calls

ROKU Weekly $96-97.50 Calls


Extended Watchlist:
INND, CYDY, PRMK, ENCUF, TMRC, RDBX, CYRN, EFOI, XCUR, MITO

Earnings Related Options Plays & More

More Options Runners: 

The bulls won the day yesterday, pushing the markets to new highs into the close, but that didn’t prevent our mixed bag of long and short option ideas from yielding intraday moves across the board. Our premarket report contained three fresh ideas for the session.

We were looking at the BABA Weekly $108-105 Puts, the MRNA Weekly $127-131 Calls, and the SPY 02/24 $416-414 Puts, and in the case of the bearish plays those gain opportunities came early in the day. Here were the positive intraday moves in those targets, as well as the new highs set by our Overstock ideas from Wednesday’s report:

BABA Weekly $108-105 Puts
$108: 2.72-5.27 (+94%)
$107: 2.18-4.50 (+106%)
$106: 1.90-3.77 (+98%)
$105: 1.50-3.20 (+113%)
_____

MRNA Weekly $127-131 Calls
$127:
 17.02-26.11 (+53%)
$128: 17.90-25.97 (+45%)
$129: 16.07-21.77 (+35%)
$130: 12.23-24.57 (+101%)
$131: 14.65-21.00 (+43%)
_____

SPY 02/24 $416-414 Puts

$416: 2.68-4.32 (+61%)
$415: 2.40-3.83 (+60%)
$414: 2.12-3.43 (+62%)
_____

OSTK Weekly $41-44 Calls 

$41: 5.22-10.55 (+102%)
$42: 4.35-11.20 (+157%)
$43: 3.70-10.80 (+192%)
$44: 3.34-9.13 (+173%)


Fresh Options Ideas: 
SQ Weekly $110-115 Calls*
COIN Weekly $177.50-182.50 Calls*
SPY 02/25 $428-431 Calls* 

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Imperial Petroleum, Inc. IMPP – Recap:

We’ve also got a brief update on an OTC stock we tagged for observation when we kicked off this short week in our report on Tuesday morning. We’ve also kept it in the extended watchlist for the week. The stock saw a subsequent low of .631 following our initial alert, and broke out to 1.75 yesterday, which marks a three-day upswing of 177%


Extended Watchlist:
CYRN, UUU, KAR, PKKFF, JPEX, NWTT, BOPO, 

Big Options Gainers, New Ideas & More

SPY, PEP Options Reviews: 

Yesterday morning, in addition to providing an update on our running idea in the Pepsi options chain, we also included a fresh idea in the SPY. The markets ripped into the close, and facilitated some excellent intraday gain chances for both the PEP targets as well as our SPY ideas.

We’ve got fresh new highs on all of those, and in addition to a couple of earnings plays for new interests today, we’re also going to roll up to include some higher strike points for the SPY. Here are the two day gains on PEP and the single session moves on yesterday’s SPY calls:

PEP Weekly $149-152.50 Calls
$149:
 1.84-6.12 (+232%)
$150: 1.19-4.95 (+316%)
$152.50: .28-2.84 (+914%)
______

SPY 10/08 $430-431 Calls
$430:
 2.24-6.19 (+176%)
$431: 1.82-5.44 (+199%)

The markets look primed for more interesting activity as we head into week’s end, so as we mentioned above, we’rte going to roll up on the SPY to include tomorrow’s 10/08 $436-438 Calls.


Fresh Options Ideas:
HELE 10/15 $220-230 Calls
LEVI 10/15 $25-26 Calls 


Cyber Apps World, Inc. CYAP – Review: 

Lastly, we have to circle back for an OTC update on CYAP, a stock we tagged in Tuesday’s premarket report. It has posted new highs, broken through from subpenny to penny stock pricing, and reached double-bag status.

Our observed low on CYAP Tuesday was .0052, and as of yesterday’s top mark of .0125, that represents an overnight run of 140%


Extended Watchlist:
CEI, BBIG, CYRN, NURO, AMLH, VBHI, IFXY, SPZI, BNOW, CGAC

Blue Horseshoe Stocks: ACRX, DSCO & More

Tesla Motors, Inc. TSLA – Options

Yesterday, those of our readers following our recent coverage of TSLA were once again presented with opportunities coming out of the 05/22 $230-240 Calls that we’ve been monitoring since Friday. TSLA registered a higher high and a higher low for the fifth consecutive session, topping out at 248.30. As a result, the total possible gains on our initial calls were pushed even further into the green, so we wanted to provide an update on those figures:

$230 Calls  – Friday’s Low: 6.85 – Yesterday’s High: 17.95 – Max Gain: 162%

$232.50 Calls  – Friday’s Low: 5.32 – Yesterday’s High: 16.90 – Max Gain: 217%

$235 Calls  – Friday’s Low: 5.96 – Yesterday’s High: 13.95 – Max Gain: 134%

$237.50 Calls  – Friday’s Low: 3.16 – Yesterday’s High: 12.00  – Max Gain: 280%

$240 Calls  – Friday’s Low: 3.84 – Yesterday’s High: 10.50 – Max Gain: 173%

These moves are a perfect example of what draws us to options trading; with just a 6% increase in TSLA stock, we’ve witnessed huge gains across the board in the options chain. These contracts don’t expire until next Friday, so we’ll keep our fingers on TSLA’s pulse until that time.


AcelRx Pharmaceuticals, Inc. ACRX

Popping up on our scanner this morning is a play that has both an interesting chart as well as a blockbuster PR out today that is leading to a gap-up in premarket trading (3.30-3.80’s).

We’re catching the stock as it comes up off of a relative bottom, and as we point out on the snapshot below, there are several attractive features of the current ACRX chart.

Couple that with this morning’s revelation of a contract the company has struck with the US Dept. of Defense, and ACRX becomes instantly worthy of our attention as the week draws to a close.


Discovery Laboratories, Inc. DSCO

Speaking of pharma stocks with fresh news, DCSO is also cropping up on our scanner this morning. Like the aforementioned play, this morning/s PR is resulting in a gap-up, and we’ll want to have our eyes peeled for potential advantageous activity on the chart once the session commences.

According to the release, Phase II testing of its AEROSURF® product has yielded “encouraging safety and physiological data suggest that aerosolized KL4 surfactant can be delivered to the lung of premature infants with respiratory distress syndrome”


Extended Watchlist:
PTBI, CYRN, BAA, CDTI, WOGI

Blue Horseshoe Stocks: ARNA Recap & More

Arena Pharmaceuticals, Inc. ARNA

You have to go a long way back to find our very first coverage of ARNA. It was May 11th, 2012 that we first mentioned this stock as an item to have on long-term watch. At that time the company had an obesity treatment that was awaiting FDA approval.

The public sentiment during that summer was that FDA approval was all but in the bag, and as we waited the stock began a monstrous run from a low of 5.44 to the day of its approval when it hit 13.50, an overall increase of 148% It would be a very long time before we talked about ARNA again.

The next time was fairly recently on November 3rd when we included ARNA on our Extended Watchlist, and over a period of a few sessions, saw the stock make a decent move from a low of 4.12 to 4.76. After that, it endured a series of incremental pullbacks over the next several weeks.

Yesterday morning, in a stroke of superb timing we tagged the stock in our watchlist once again, and what it did next blew the run we witnessed in November right out of the water!  Coinciding with the announcement of positive top-line results on another of the company’s treatments (this one for autoimmune disease) ARNA made a huge intraday run from a low of 3.66 to all the way up to 6.09. That’s a hefty 66% increase in a single session, and it came on approximately 20X the 3-month average volume, so cheers are in order for anyone who took advantage of our timely alert!


Heritage Media Corp. HMCP

Since we mentioned HMCP for the first time on New Year’s Eve, the stock has provided us with a few quality swing-trade opportunities. That day the stock traded in a range from .0047 to .0068, an intraday gain of 45% In following sessions we then observed subsequent swings from .0037-.0064 (+73%) and .0034-.0062 (+82%) making HMCP a flipper’s dream.

As we point out on the snapshot below, what has formed on the chart is known as a bullish flag, which is known to be a signal of further gains. Couple that with an RSI that’s screaming toward the power zone, and it makes HMCP one that we’ll really need to watch closely as we head into week’s end.


Extended Watchlist:
BIND, BIOD, FOLD, NRX, CYRN, AVEO, ACUR, PLX, S

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