Winning Options Roundup

Reviewing Friday’s Winning Calls 

Our first order of business before kicking off this fresh trading week, is to go over the pwerformances of our options targets from Friday. We took a stab at three separate chains, with the BKE Weekly $17.50 Calls, the FL Weekly $27.50-28.50 Calls, and the DE Weekly $192.50-197.50 Calls.

With the exception of the BKE $15’s which didn’t pop, all but one of the contracts in our designated ranges recorded multibag moves on the day. Here are the total moves and possible gains that were available to us:

BKE Weekly $15-17.50 Calls
$17.50: 1.14-4.00 (+251%)
____

FL Weekly $27.50-28.50 Calls
$27.50:
 .26-.54 (+108%)
$28:  .08-.26 (+225%)
$28.50: .09-.15 (+67%)
____

DE Weekly $192.50-197.50 Calls
$192.50: 4.10-10.41 (+154%)
$195: 2.50-7.95 (+218%)
$197.50: 1.15-5.51 (+379%)
_____

Fresh Options Idea:
SPY 08/24 $341-342 Calls


Rising Biosciences, Inc. RBII

We have been tracking RBII quite a bit over the several weeks, having first tagged it on July 17th and following up with multiple mentions since then. The stock has made one heck of a move for us in that time.

From its low on July 17th of .002, the stock has absolutely ripped its way to a high of .029. That’s a remarkable move of 1350% in the a span of little more than a month. It’s gapping up over .03 this morning here in the premarket, so we expect that figure to be increased.


Extended Watchlist:
DSGT, LCDX, SHMP, HYBE, LCLP, MGON, VMNT

Winning TGT Calls & More

Target Corp. TGT

Our targets within the Target options chain have been rather kind to us this week. On Wednesday morning, we established the TGT Weekly $143-146 Calls 
as our primary interests, and yesterday in our premarket report, we rolled up our strike areas to include the include the TGT Weekly $150-155 Calls, as well.

We’ll finish up the week this morning by updating the highs and total possible gains from Thursday’s ideas as well as highlighting the single session performance of our updated targets as well:

TGT Weekly $143-146 Calls 
$143: 4.45-13.00 (+192%)
$144: 3.35-11.76 (+251%)
$145: 3.00-11.06 (+269%)
$146: 2.50-9.96 (+298%)

TGT Weekly $150-155 Calls
$150:
 4.05-6.25 (+54%)
$155: 1.26-2.37 (+88%)


Fresh Options Ideas: 
BKE Weekly $15-17.50 Calls*
FL Weekly $27.50-28.50 Calls*
DE Weekly $192.50-197.50 Calls*

*Please do not attempt to deal with weekly options on a Friday unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
RBII, LCDX, GRST, GLCO, TPTW

BJ Recap, Fresh Options Ideas

BJ’s Wholesale Club Holdings Inc. BJ – Recap

As usual, we put out some fresh options ideas in yesterday mornings report, and despite a poor showing for the markets in general, we did see some instant success with our one-contract target in the BJ’s chain.

We had highlighted the BJ 06/19 $30 Calls for observation and the stock provided us with a great opportunity for huge gains with its own move from from 30.39 to 35.45 (+17%). The $30 Calls ran from 1.50-5.60, for an enormous intraday rip of 273%

We will also roll up to include the 06/19 $40 Calls on our watchlist heading into the long weekend, as the momentum from yesterday’s big move could certainly spill over.


Fresh Options Ideas*:
DE Weekly $145-148 Calls
PANW Weekly $235-245 Calls
BABA Weekly $205-207.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 


Using Market Fears for Added Leverage

Deere & Co. DE 

We had a pair of options ideas set for the Deere chain in Friday’s premarket report, and despite the markets getting rocked, they managed some fantastic multi-bag gains for ourselves and our readers.

The targets were the Deere & Co. DE Weekly $175-177.50 Calls, and both contract sets recorded stupendous gains as the stock bucked the overall trend of the day.

DE Weekly $175-177.50 Calls
$175: 2.27-7.00 (+208%)
$177.50: .99-4.57 (+362%)


Fresh Options Ideas

The markets appear to be headed for another difficult session due to continued coronavirus fears among other things, so our fresh options ideas today will be bearish, with the exception of SON, which is exhibiting a good technical setup to put it on longer term watch for a possible rebound in the weeks and months ahead.

INTU Weekly $290-287.50 Puts
PANW Weekly $240-235 Puts
SON 04/17 $55-60 Calls


Extended Watchlist:
IQST, HDII, FNHI, SPOM, SESI, TOCA, NVNT

Another 1000% Gainer!

Virgin Galactic Holdings, Inc. SPCE

It has been a full month since we formulated a longer-term play for the SPCE chain, in our premarket report on the morning of January 22nd, at which time the stock itself was trading for as little as 15.61. Despite pulling back into the close, SPCE did first soar to an incredible new high of 42.49 yesterday.

That worked out to a month-long stock move totaling 172% and it allowed our options ideas, the SPCE 02/21 $10-15 Calls, to tack on a whole lot more gains than the already impressive ones our ideas had produced up until then.

With the stock sitting where it is now, and these contracts expiring tpoday, these are most likely the final updates for this set of ideas, which couldn’t have turned out much better for us: 

SPCE 02/21 $10-15 Calls
$10: 6.24-29.50 (+373%)
$11: 5.30-29.10 (+449%)
$12: 4.30-29.90 (+595%)
$13: 3.50-26.90  (+669%)
$14: 2.80-25.20 (+800%)
$15: 2.15-26.90 (+1151%)


SPO Global Inc. SPOM 

We also have been tracking some OTC plays recently, and SPOM is among those, initially from our report on Tuesday morning.

In the three ensuing sessions, the stock has made a respectable move for us from its low on Tuesday of .155.  After another moderate push yesterday, SPOM attained a new high of .44, representing an increase of 184% over our observed low.


Fresh Options Ideas:
Deere & Co. DE Weekly $174-177 Calls*
Magna International Inc. Weekly MGA $52.50-55 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.



Extended Watchlist:
DPW, FZRO, BLNK, ZOM, ZVTK

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