Tag: DGLY

Clean Sweep on Options Plays & More

Across the Board Options Sweep: 

Yesterday was another banner day for big name earnings reporters, and we got in on the fun by signaling three sets of fresh options ideas in our premarket report.

We were signaling our interest in the UPS Weekly $207.50-212.50 Calls, the FB Weekly $325-332.50 Calls, and the LMT Weekly $360-345 Puts. Each one turned out to be a very solid play with sizable intraday gain opportunities on the table, but the Lockheed short ended up being the runner of the highest magnitude as the stock took an absolute bath.

Here are the figures on the daily ranges and total possible profits on those shrewd ideas:

UPS Weekly $207.50-212.50 Calls
$207.50: 8.19-13.20 (+145%)
$210: 5.78-11.50 (+186%)
$212.50: 1.20-2.94 (+145%)
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FB Weekly $325-332.50 Calls
$325: 1.33-2.46 (+85%)
$327.50: 1.05-1.91 (+82%)
$330: .85-1.54 (+81%)
$332.50: .70-1.26 (+80%)
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LMT Weekly $360-345 Puts
$360: 11.72-33.80 (+188%)
$355: 8.15-27.90 (+242%)
$350: 5.65-23.70 (+319%)
$345: 3.70-19.20 (+419%)
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Fresh Options Ideas:
BA Weekly $207.50-212.50 Calls
MCD Weekly $240-242.50 Calls
MSFT Weekly $312.50-315 Calls 

Meten Holding Group, Inc. METX – Recap: 

We also wanted to provide a brief recap on the performance of METX, which we highlighted in yesterday morning’s extended watchlist. We had just been mentioning how it’s important to peruse all of our plays and not just our features.

METX was nearly a fifty cent stock, running from .4845-.70 on the day, for a rise of 44% which is quite an impressive daily run for a stock in that price range.

Extended Watchlist:
KAVL, CXDC, PHUN, DGLY, GHSI, FAMI, LIGA, CZNI, BORK, MSGP

Blue Horseshoe Stocks: SPY Puts Recap & More

SPDR S&P 500 ETF (SPY) – Review

We went bearish on the SPY yesterday morning, and offered up a set of corresponding ideas in the options chain. We signaled our interest in the SPY 10/08 $288.50-$287.50 Puts which just had the one session before expiration.

It turned out to be a great rapid-strike play for anyone who cared to take advantage. Every single contract in our designated group produced legitimately impressive multi-bag intraday gain opportunities.

$288.50 Puts – Range: .71-2.90 – Max Gain: 308%
$288 Puts – Range: .47-2.50 – Max Gain: 432%
$287.50 Puts – Range: .31-2.00 – Max Gain: 545%

Kala Pharmaceuticals, Inc. KALA

Catching our eye as a potential bottom bounce play this morning is KALA, which is presently exhibiting all of the bottom play indicators we typically look for. The RSI is in indicating that the stock is oversold, but with strength rising, and the MACD is sharply converging toward an impending cross.

Meanwhile the PPS showed its first inclination yesterday of attempting to fill in the topside gap we can also plainly see on the snapshot below. We’re going yto place the stock on watch for a continued rebound, and also tag the KALA 01/18 $10 & 12.50 Calls for observation in the days and weeks ahead.




CorMedix, Inc. CRMD

We placed CRMD on watch beginning on last Monday, October 1st, and subsequent to that report, would observe a low of 1.06 in the stock. Yesterday, CRMD attained a new high of 1.65, marking a notable 56% upswing in just a weeks time.

Extended Watchlist: 
CZNI, AGRX, OGEN, MOSY, HELE, PYX, DGLY

Blue Horseshoe Stocks: PVTL Bottom Play & More

Pivotal Software Inc. PVTL

We’ve been quietly tracking this play for quite some time, and feel it’s just about ready to make a move. As you can see on the included chart, PVTL has sold off after recent earnings, and the stock has found support at a solid double-bottom in the $19-range.

You can also see that PVTL is approaching heavily oversold territory, and the MACD is converging sharply toward a bullish cross, not to mention a sizable gap to the upside. We’re going to want to have a range of options contracts on watch in the days and weeks ahead in the event that the rebound occurs which looks just about due at the present time.

Our targets will be the PVTL 10/19 $19-22 Calls.

Blackberry Ltd. BB

We also want to designate a pair of options contracts for the Blackberry chain this morning on the heels of the company’s Q2 profit beat.

We’ll be looking for a dip-and-rip scenario, which, if it occurs, should produce some significant gain opportunities in the BB Weekly $10 & $10.50 Calls.

Extended Watchlist: 
ENPH, MRTX, DGLY, GERN, IGC, IMMP