Good Start to Holiday Week, 3 New Ideas

Solid Start to a Short Week:

We were pleased to kick off the first of two consecutive 4-day holiday trading weeks with good form yesterday. It is a challenging time of year to continue to root out good intraday opportunities, but we managed to do just that.  Our premarket report consisted of just a pair of potential plays, and in both cases, we were happy to observe multi-bag runs in all of our highlighted contract sets.

Our daily interests were the SPY 12/26 $473-474 Calls, and the INTC Weekly $48.50-49.50 Calls, and here were the upswings they recorded for the session:

SPY 12/26 $473-474 Calls
$473:
 1.44-3.64 (+153%)
$474: .86-2.58 (+200%)
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INTC Weekly $48.50-49.50 Calls
$48.50: .87-2.13 (+145%)
$49: .62-1.70 (+174%)
$49.50: .44-1.31 (+198%)



Fresh Options Ideas:
MARA Weekly $27-28 Calls
COIN Weekly $172.50-177.50 Calls

CYTK 01/19 $70 Calls


Extended Watchlist:
BXRX, GEGI, LGIQ, TMRC, ELYS, KRBP, CING, FWBI, CHRS, NKGN, JTAI

A New Earnings Season Commences

Moderna Inc. MRNA – Options Runners: 

We closed out the week on Friday morning by highlighting the nice moves made by the August contracts we’ve been tracking since June 21st,  the MRNA 08/20 $195-210 Calls. Additionally, we included some fresh weekly targets in the MRNA Weekly $265-$280 Calls.

Despite a rather poor day for the markets in general, Moderna continued to add impressively to its recent bullish surge. The stock has been in a general upward trend for the entire year, but that really kicked into overdrive over the past week.

Here are the new highs and total increases posted by our August calls, as well as the intraday ranges and total possible gains on the weeklies. Very impressive figures across the board: 

MRNA 08/20 $195-210 Calls
$195: 23.50-93.23 (+297%)
$200: 18.00-88.85 (+394%)
$210: 13.55-78.66 (+480%)
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MRNA Weekly $265-$280 Calls

$195: 9.30-24.00 (+158%)
$200: 6.05-19.05 (+214%)
$210: 3.50-13.97 (+299%)
$195: 1.27-9.95 (+683%)


Fresh Options Ideas: 

Just a reminder, another earnings season is going to heat up quickly with hundreds of companies slated to report this week, hundreds more next week, and so on. The remainder of July and much of August should yield a wealth of opportunities in that department.

This morning we’re going to be looking at a potential post-earnings play in Auto Nation and a chart play idea for Airbnb:

AN 08/20 $100-105 Calls
ABNB 09/17 $135-145 Calls 


Extended Watchlist:
CYTK, NRXP, OXBR, AEHR, HIRU, LTNC, WOGI, SBES, NSAV, TXTM, KATX, CHNC

Big-Time Options Winners

Reviewing Friday’s Ideas 

We included a trio of options ideas in Friday morning’s premarket report, and like clockwork, they all churned out multi-bag runs on the day, allowing ourselves and our readers the chance at some really nice gain opportunities.

Our continued success in short-term options trading is such that these kind of results are essentially expected, as a matter of course. But don’t take our word for it, we urge newcomers to subscribe and test the validity of our claims for yourselves!

We had targets in the SPY, ADBE, and SRPT chains, and in each case we witnessed explosive moves to the topside. Here are the potential profits that were on the table:   

SPY Weekly $317.50-318.50 Calls
$317.50 Calls
 – Range: .54-1.48 – Max Gain: 174%
$318 Calls – Range: .36-1.20 – Max Gain: 233%
$318.50 Calls – Range: .18-.83 – Max Gain: 361%

ADBE Weekly $310-315 Calls
$310 Calls
 – Range: 4.60-11.52 – Max Gain: 150%
$312.50 Calls – Range: 2.51-9.04 – Max Gain: 260%
$315 Calls – Range: 1.51-6.62 – Max Gain: 338%

SRPT Weekly $132-134 Calls
$132 Calls
 – Range: 1.55-7.08 – Max Gain: 357%
$133 Calls – Range: 1.79-4.40 – Max Gain: 146%
$134 Calls – Range: 2.14-5.50 – Max Gain: 157%
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Fresh Options Idea:
WW Weekly $39.50-40.50 Calls 


Extended Watchlist:
ASRT, ADXS, AXSM, GLOG, CWH, BMRN, CYTK