Tag: DEWM

Clean Sweep on Options Plays & More

Solid Options Gainers: 

Our premarket report yesterday morning, like most days, included a bank of fresh earnings-related options ideas for our readers’ consideration. Yesterday’s new plays were the PFE Weekly $39.50-40 Calls, the CVS Weekly $78-79 Calls, and the COP Weekly $52.50-53.50 Calls. As our regular followers are perfectly aware, we get the most out of post-earnings report targets because of the increased volatility that typically follows earnings figures. 

Unsurprisingly, we hit on each and every target we we established, and those ideas posted the following moves and total possible intraday profits for traders:

PFE Weekly $39.50-40 Calls
$39.50 : .32-.75 (+134%)
$40 : .12-.44 (+267%)
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CVS Weekly $78-79 Calls
$78 : 1.28-3.30 (+158%)
$78.50 : 1.02-2.86 (+180%)
$79 : .65-2.36 (+263%)
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COP Weekly $52.50-53.50 Calls
$52.50 : .60-1.12 (+87%)
$53 : .44-.87 (+97%)
$53.50 : .32-.67 (+109%)

Fresh Options Ideas:
MTCH Weekly $144-148 Calls
ATVI Weekly $92.50-94 Calls
TMUS Weekly $129-131 Calls 

OTC Review: 

We’ve also got a couple of brief updates on some OTC Runners we’ve been tracking. The links provided point to our initial alerts on the following plays, along with the total increases they made subsequent to those points.

Good Vibrations Shoes, Inc. GVSI:
First Alert: 04/20
Subsequent Range: .0036-.0459
Total Possible Gain: 1175%
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12 Retech Corp. RETC:
First Alert: 04/27
Subsequent Range: .0015-.0096
Total Possible Gain: 540%

Extended Watchlist:
AVVH, BPSR, VINS, WSGF, BRYYF, FERN, CCAJ, DEWM, SANP, WTII

Blue Horseshoe Stocks: BABA Review & More

Alibaba Group Holding Ltd BABA – Options Review

We saw the contracts we highlighted yesterday morning in the BABA chain make solid multi-bag moves. The BABA Weekly $162.50-170 Calls were our targets, and each one took off for the following moves starting at around 10AM.

$244.50 Calls – Range: 2.58-5.65 – Max Gain: 119%
$245 Calls – Range: 1.26-3.50 – Max Gain: 171%
$245.50 Calls – Range: .52-1.79 – Max Gain: 244%
$246 Calls – Range: .18-.74 – Max Gain: 311%

We also want to continue to keep our eye on these plays to close out the week*, as further increases are a possibility. While BABA’s PPS tapered back into the close, we’re seeing yet another gap up in the premarket this morning.

Wal-Mart Stores, Inc  WMT

Despite seeing a pullback following its earnings report yesterday, WMT rebounded off of support and managed to close near its high of day and is up slightly in early trading this morning.

There may be an opportunity in the WMT Weekly $79.50 & $80 Calls* so we’ll have those on our radars as we wrap up another trading week.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every single time. Trading weekly options at the end of the week is an exceedingly risky proposition that should never be attempted by beginning or novice traders!

Extended Watchlist:
DCTH, MNGA, SPWH, CTIC, CBAY, TOPS, THC,
DEWM (Cannabis News)

Blue Horseshoe Stocks: PRGO Recap & More


Perrigo Co. plc PRGO

We placed a number of options ideas on watch yesterday, and PRGO produced the biggest gainer of the day, even as the markets as a whole continued to be in distress.

Despite posting a loss, the company’s earnings beat expectations and after a huge gap-up to start the day, the stock traded with sufficient intraday volatility to provide a nice opportunity for single-session profits in the PRGO Weekly $75 Calls.

Those contracts traded in a range from a low of .15 up to an impressive high of 2.50, marking an enormous 1566% rip on the day.


Nvidia Corp. NVDA

We’re seeing NVIDIA taking a hit in the premarket this morning, even as it just received a price target upgrade from analysts on the heel of its own earnings report.

We see the possibility of a rebound for NVDA stock leading to some nice activity for the NVDA 09/01 $155 and $157.50’s Calls , so those are the contracts we’ll place on watch today.

Extended Watchlist:
TOPS, SHIP, DCIX GLBS, ANW, ETRM, DEWM