AnaptysBio Inc. ANAB – Update
Today we want to come back to update on the progress of a longer-term options idea we formulated a couple of weeks ago on the 11th. We mentioned that we were interested in tracking the ANAB 01/17 $10-15 Calls, and it has turned out to be an excellent idea.
The stock itself has continually ramped its way up , filling some of the topside gap on the chart, trading from a low of 10.08 on the morning of our initial alert, to a new high of 13.33 yesterday. That’s an increase of 32% on the stock alone, with the observed gains in our highlighted options making much more significant moves:
$10 Calls – Range: 1.50-3.20 – Max Gain: 113%
$12.50 Calls – Range: .50-1.50 – Max Gain: 200%
$15 Calls – Range: .23-.55 – Max Gain: 139%
As you can see on the following chart snapshot, indicators are strongly suggesting that ANAB should continue to make progress in filling the immense gap.
Fresh Options Ideas:
We also have several companies reporting earnings this morning, and here are the potential opportunities that we find most attractive among them:
Dollar Tree, Inc. DLTR Weekly $99-96 Puts
Nutanix, Inc. NTNX $33.50-35 Calls
CREG, BXC, TRNX, DY, ONTX, DKS, GBT
Dicks Sporting Goods, Inc. DKS – Options Recap
We kept the options train rolling yesterday morning, with a fresh quick-strike idea for the DKS chain. Our targets of interest were the DKS Weekly $34.50-36 Calls and we got some very respectable moves out of each of those four sets of contracts.
The company posted solid quarterly figures, even as the sports superstores continued to curtail hunting/gun departments in more than 120 of its stores. That allowed for 3 out of the four contracts to post multi-bag gains, with the fourth not far behind.
Here are your total possible intraday profits which could have been realized during yesterday’s session:
DKS Weekly $34.50-36 Calls
$107 Calls – Range: .65-1.15 – Max Gain: 77%
$108 Calls – Range: .43-.94 – Max Gain: 119%
$109 Calls – Range: .28-.95 – Max Gain: 239%
$110 Calls – Range: .20-.45 – Max Gain: 125%
Foot Locker FL Weekly $38-36.50 Puts
The Buckle, Inc. BKE 09/20 $17.50-20 Calls
Salesforce.com, Inc. CRM Weekly $155-157.50 Calls
Overstock.com, Inc. OSTK Weekly $20-20.50 Calls
**Please DO NOT attempt to trade weekly options on a Friday unless you are an advanced-level trader with access to disposable funds!
Pier 1 Imports, Inc. PIR – Bottom Bouncer
We are catching PIR as it has just begun to come up off of its recently registered annual lows. We want to radar the stock here as it builds some momentum.
From current pricing, it would not be crazy to think that this retail stock may be capable of doubling as we approach retail season.
Killing it On the Options Front
It seems each time we put out new ideas for potential options trades, tjhat we are met with instant success. Such has been the case for the last several calls as it seems we identify winners much more often than not. Most recently, yesterday morning in our premarket report, we highlighted some possible plays in TGT nand LOW, and they both turned in a winning card on the day.
Here are the trading ranges and total possible single-session profits that were available to anyone who happened to act on our suggestions:
TGT Weekly $98-101 Calls
$98 Calls – Range: 2.18-5.40 – Max Gain: 128%
$99 Calls – Range: 1.64-4.35 – Max Gain: 166%
$100 Calls – Range: 1.20-3.63 – Max Gain: 203%
*$101 Calls – Produced similar gains, however we were unable to pull up the corresponding data.
Update: We want to roll up and monitor the TGT Weekly $103-104 Calls into the end of the week.
LOW Weekly $107-110 Calls
$107 Calls – Range: 1.95-3.20 – Max Gain: 64%
$108 Calls – Range: 1.40-2.47 – Max Gain: 76%
$109 Calls – Range: .95-1.94 – Max Gain: 104%
$110 Calls – Range: .60-1.41 – Max Gain: 135%
DKS Weekly $34.50-36 Calls
LB 09/13 $20-21 Calls
KIRK, CETX, PAYS, VIVE, PLX, JE
Spectrum Global Solutions, Inc. SGSI – Update
In our initial report on SGSI, one of the things we commented on liking most about SGSI is the rapidity with which the company has been pulling down new clients and growing its business in 2018. This morning, we’re going to start things off by relaying a new PR to that effect on to our readers.
(GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC:SGSI) (the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, today announces that it has received over $500,000 in new contract awards to support carrier network upgrades across the United States. (>>View Full PR)
Did you miss our special report on SGSI last Monday? Check it out now at the following link:
>>View SGSI Report<<
Fresh Options Ideas:
Those readers who are familiar with our mode of operation know that a good post-earnings options play is something we’re always on the lookout for, and we’ve got a couple of those for you this morning. It has been a crowded 24-hours of earnings releases and the two that are sticking out to us this morning are Dick’s Sporting Goods (Bull) and Tiffany’s (Bear).
We’ll submit a set of ideas for each of these chains to track into the end of the week:
Dick’s Sporting Goods, Inc. DKS Weekly $36-38 Calls
Tiffany & Co. TIF Weekly $95-92 Puts
ASX, NSPR, MARA, ACAD, HEAR, IPCI, SLS