Tag: DKS

Load of Fresh Options Plays & More

DICK’S Sporting Goods, Inc. DKS – Recap

Our only options idea based off of earnings reports yesterday morning was in the DKS chain. We noted the lackluster response to the company’s Q4 beat on earnings and revs, and went to the bearish side of the fence.

Our specific targets were the DKS Weekly $71-69.50 Puts and those contracts logged considerable gains, with the exception of the $70.50’s whose intraday increase was nominal.

Here are the exact trading ranges and total possible profits on those targeted DKS options plays: 

DKS Weekly $71-69.50 Puts
$71: .90-1.60 (+78%)
$70.50: 1.05-1.25 (+19%)
$70: .40-1.50 (+275%)
$69.50: .61-1.20 (+155%)

Fresh Options Ideas:

We’ve got a decent selection of options plays to watch as we cruise through this midweek. With nothing really piquing our interest from this morning’s earnings calendar, here are a few potential plays based off of attractive chart setups.

XL 05/21 $12.50-15 Calls
PLUG 04/01 $45-48 Calls 
EXPI 03/19 $50-52.50 Calls

Bonus Idea:
SPY 03/10 $388-389 Calls **Expiry at today’s close**

Extended Watchlist: 
NSPX, CLWD, ATVK, TINO, MSTO, CCTL, BDGR, GYST

New Trading Ideas & More

Options Updates, Fresh Ideas: 

As usual, in our premarket report yesterday morning, we started off a new trading week with some quick-strike options ideas. We were looking at the SPY, and XPEV chains with the SPY 03/08 $382-383 Calls, and the XPEV Weekly $28-30 Calls as our targets of interest.

All the action took place early on in the session, well prior to the markets dipping into the close. Here were the total possible gains on the table as they made their rapid morning runs: 

SPY 03/08 $382-383 Calls
$382:  2.55-5.74 (+125%)
$383: 1.96-4.80 (+145%)
_____

XPEV Weekly $28-30 Calls
$28: 1.55-3.25 (+109%)
$29: 1.05-2.60 (+148%)
$30: .80-1.99 (+149%)
_____

Fresh Options Ideas: 
VRTX Weekly $215-217.50 Calls
VRTX 03/19 $220-225 Calls
DKS Weekly $71-69.50 Puts

Saddle Ranch Media, Inc. SRMX

From yesterday morning‘s extended watchlist, we saw SRMX put forth a pleasing intraday surge. The stock was trading for as little as .0046 in the very early goings, and raced quickly to a daily high of .0093. That worked out to a run of 102%

Volume has been picking up, and this is a stock that we saw pop to nearly .02 just last month. We’ll certainly want to continue to watch its activity for the possibility of another push.

Extended Watchlist:
ALYI, GTLL, INND, MAXD, ETEK, USMJ, INCT, BEHL

Multibag Gains Coming Left and Right

Galaxy Next Generation, Inc. GAXY

To kick things off today, here is an OTC play we’ve recently been tracking that has absolutely blown its top.  Our initial tag of GAXY came on July 14th, and we came back for updates a few times throughout the course of August, and while it was already an impressive play, the new highs it has hit this week have pushed it to another level.

Our observed low on GAXY subsequent to our first alert on the stock came in at ,0025. After several weeks of positive movement, GAXY has now hit a new high of .0599. Overall that counts for an exceptional increase of 2296%

Options Review: 

We certainly got things right with yesterday’s fresh options ideas, putting forth targets for CRM, PLAN, and DKS. Absolutely everything worked out, regardless of which chain or strikes within our designated ranges were chosen.

Here are the single session gains that we witnessed on the day:  

CRM Weekly $235-245 Calls
$235: 15.00-43.00 (+187%)
$240: 10.75-37.00 (+244%)
$245: 8.32-32.41 (+289%)

PLAN 09/18 $57.50-65 Calls
$57.50: 3.73-6.30 (+69%)
$60: 2.97-5.10 (+72%)
$65: 1.57-2.70 (+72%)

DKS Weekly $51-52 Calls
$51: 1.15-3.50 (+204%)
$51.50: 1.00-2.95 (+195%)
$52: .85-2.55 (+200%)

Fresh Options Ideas:
OSPN 10/16 $22.50-25 Calls
BURL Weekly $195-197.50 Calls
TIF Weekly $122-123 Calls
DG Weekly $205 Calls 

Extended Watchlist:
TTCM, GHHC, TWOH, TLSS, SDEC