Tag: DRI

Kicking Off the Holiday Week

Winning Options Recap: :

Here we are about to kick off one of two holiday-shortened weeks remaining in 2021. It’s hard to believe the year is already drawing to a close, but we can’t wait to carry the incredible success we’ve found over into 2022.

Speaking of which, our trio of options ideas that we offered up fresh for Friday morning’s premarket report all posted some really nice moves on the day. We were tracking the DRI Weekly $145-140 Puts, the WGO Weekly $70 Calls, and the FDX Weekly $247.50-252.50 Calls.

Here are the largest intraday moves and total possible gains that were there for these ideas on Friday:

DRI Weekly $145-140 Puts
$145: 2.90-6.12 (+203%)
$140: .08-1.10 (+1275%)
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WGO Weekly $70 Calls
$70: .14-1.40 (+900%)
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FDX Weekly $247.50-252.50 Calls
$247.50: 1.85-2.28 (+23%)
$250: .72-3.07 (+326%)
$252.50: .25-1.30 (+420%)

Fresh Options Ideas:
NVAX 12/23 $230-235 Calls
SNAP 01/28 $50-53 Calls 

Extended Watchlist:
OWUV, ENGA, ICOA, FBCD, ONPH, CANF,  SOPA, MRNA, SEAC, OCGN

Another Golden Trading Week on the Books

JBL, ACN Options Gainers:

Here we are at the end of another trading week, and we’re pleased to say we’re taking it out on a high note for our Friday report this morning! We had some excellent multibag-level success with yesterday morning’s freshly generated options targets.

We were tracking the JBL Weekly $60-65 Calls, and the ACN Weekly $405-415 Calls, and witnessed some really nice intraday gain opportunities for both. Here are the total gains that could have banked off of those plays on the day:

JBL Weekly $60-65 Calls
$60: 3.90-6.50 (+67%)
$65: .70-2.08 (+197%)
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ACN Weekly $405-415 Calls
$405: 4.91-10.49 (+114%)
$410: 2.47-7.49 (+203%)
$415: 1.28-5.02 (+292%)

Fresh Options Ideas*:
DRI Weekly $145-140 Puts
WGO Weekly $70 Calls
FDX Weekly $247.50-252.50 Calls

*Please don’t trade weekly options on a Friday unless you’re an experienced trader with access to disposable funds

Engage Mobility, Inc. ENGA – Review:

Switching gears over to the stock side of things, we have been tracking this OTC play for a little over a month, and the move it made is most definitely noteworthy.

ENGA began appearing in our extended watchlists last month on November 9th, and subsequent to that, was trading for as little as .131. This week, the stock shot out of a cannon and climbed as high as 2.55, which works out to a mega-increase of 1847%

Extended Watchlist:
AXXA, ARGQ, BLFE, MWWC, BUDZ, ADGI, SPRB, GNFT, EPAY

Closing Out Another Excellent Trading Week

Solid Options Sweep: 

We posted another clean sweep on options ideas in yesterday’s premarket report, offering up a pair of fresh ideas, and knocking them both out of the park with multi-bag gain opportunities on the day!

We were specifically targeting the DRI 10/15 $155-160 Calls and the ACN Weekly $337.50-342.50 Calls,  on the heels of the companies’ earnings reports. Despite being in a relative down-period for earnings reporters, we have been able to work with what we’ve got.

Here are the total possible intraday gains that were on the table for those ideas yesterday:

DRI 10/15 $155-160 Calls
$155: 5.00-10.22 (+104%)
$160: 1.85-6.70 (+262%)
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ACN Weekly $337.50-342.50 Calls
$337.50: 2.63-7.30 (+178%)
$340: 1.40-5.40 (+286%)
$342.50: .90-3.00 (+233%)

Eargo, Inc. EAR – Bottom Watch: 

We’re also looking at a possible long term recovery play in EAR, which got severely beaten up yesterday with a major gap-down. It may end up being a decent bottom play for the stock itself but we’re going to signal a longer-term options idea to track as well, in the EAR 11/19 $7.50-10 Calls.

Fresh Options Ideas: 
NKE Weekly $155-152.50 Puts*
COST Weekly $452.50-457.50 Calls*
SKX Weekly $48-46 Puts*

*Do not attempt to trade options contracts on their day of expiration unless you are an advanced level trader with access to disposable funds

Extended Watchlist:
ILUS, FERN, NSAV, CFGX, BANT, INTV, NOUV, PRMO, NBRI, ZIVO, CAPR, VTVT, UFAB