Solid Stock Calls
These days, our content is typically centered on short-term options trading, but we still provide a healthy mix in the for of stock ideas as well, whether in featured mentions or our daily extended watchlists. We’ve got a couple of updates on such calls this morning.
GrubHub, Inc. GRUB – We placed GRUB on watch roughly seven weeks ago in our report from the morning of November 15th, and since then the stock has trended upward for nearly the entire time.
It saw its low of 38.58 on the same morning of our alert, and yesterday, hit a new high of 57.80. That’s a very respectable increase of 50% which we consider to be an excellent run for a stock in this price range over a period of less than two months.
Dermira, Inc. DERM – It was just shy of a month ago on December 10th that we tagged DERM, and it too has taken off since we put it on our radar. That day it registered a low of 9.56 and hasn’t looked back since, running up to a new high of 19.30 yesterday. That works out to a rise of 102% over our observed low in less than a month!
Constellation Brands, Inc. STZ
We submitted an options idea for the STZ chain as the company dropped its earnings report yesterday, and met with eye-popping performances right away. We had signaled the STZ Weekly $187.50-192.50 Calls, and got some incredible intraday results
STZ Weekly $187.50-192.50 Calls
$187.50: .75-6.20 (+727%)
$190: .40-3.97 (+892%)
$192.50: .25-2.30 (+820%)
Options Success Continues
We routinely identify fresh options trading ideas for ourselves and our readers, and the past couple of sessions have been no different than what we’ve come to expect.
Big Lots, Inc. BIG – Yesterday we reported on the success of the BIG 12/20 $22.50-27.50 Calls which we included in Friday’s premarket report and those set explosive new highs yesterday. Here are the total two-day upswings achieved by those plays:
BIG 12/20 $22.50-27.50 Calls
$22.50 Calls – Range: .96-4.57 – Max Gain: 376%
$25 Calls – Range: .20-2.46 – Max Gain: 1130%
$27.50 Calls – Range: .06-.88 – Max Gain: 1367%
Canopy Growth Corp. CGC – We also placed the CGC Weekly $19-19.50 Calls on watch yesterday morning as a fresh idea to start the trading off with, and we’re pleased to relay the multi-bag intraday performances out of that pair of contracts. The $19 Calls ran from .42-2.54 for a daily gain of % and the $19.50’s posted a range from .35-2.11, making total gains of up to % possible on the day.
The timing on our ideas came perfectly in sync with the company’s news that it would be hiring Constellation Brands (STZ) CFO as its new CEO (>>Read More)
More Fresh Options Ideas:
Chewy Inc. CHWY 01/10 $22.50-24 Calls
Stitch Fix, Inc. SFIX Weekly $27-28 Calls
Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
Conn’s Inc. CONN 12/20 $17-15 Puts
CLVS, TGB, VTGN, AVEO, ARAV, SAEX, DERM, NVTA
We’re wrapping up another solid trading week by reviewing our spot-on options ideas from yesterday morning’s premarket report. We had signaled interest in both the QCOM Weekly $88.50-90 Calls and the BIDU Weekly $114-117 Calls.
We are happy to say that both of those fresh ideas produced opportunities for multi-bag gains in the day. Here’s the breakdown of the profits that were there for taking:
QCOM Weekly $88.50-90 Calls
$88.50 Calls – Range: 1.06-3.92 – Max Gain: 270%
$89 Calls – Range: 1.05-3.50 – Max Gain: 233%
$89.50 Calls – Range: .65-3.00 – Max Gain: 362%
$90 Calls – Range: .58-2.60 – Max Gain: 348%
BIDU Weekly $114-117 Calls
$114 Calls – Range: 2.50-8.00 – Max Gain: 220%
$115 Calls – Range: 2.00-7.22 – Max Gain: 261%
$116 Calls – Range: 1.85-5.80 – Max Gain: 214%
$117 Calls – Range: 1.38-5.38 – Max Gain: 304%
Fresh Options Ideas:
DIS Weekly $139-142 Calls*
*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.
Sun Kissed Industries, Inc. SKDI
We also highlighted SKDI as one to watch in yesterday morning’s premarket Extended Watchlist. The stock put up quite an intraday performance as it traded up from a low of .03, to a high of .16 on the day.
That works out to a single-session gain of 433% and serves as a perfect example of why we always try to include a daily Extended Watchlist, and why we will never quit speculating on the OTC entirely.
NDYN, DERM, MNST, PLNT, GPRO, UI, OPTT, STMP, OBLN, UI, AAXN