Tag: DRI

DVLP Recap, Fresh Options Ideas

Options Review:

Our fresh options ideas in our morning report yesterday were the DRI 04/16 $135-140 Calls and the RH Weekly $510-502.50 Puts. We picked them off of the daily earnings calendar, and were met with significant gain opportunities as a result.

In the case of RH, the potential profits came shortly after 10 o’clock, and the lowest target in our selected range did not see much activity, but the chances were there nonetheless and a couple of them reached multibag status. The DRI contracts were in full-go mode, as Darden stock shot up more than ten dollars from 134.19-144.90.

DRI 04/16 $135-140 Calls
$135: 3.20-11.06 (+246%)
$140: 2.40-7.50 (+213%)
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RH Weekly $510-502.50 Puts
$510: 8.64-17.28 (+100%)
$507.50: 5.23-8.60 (+64%)
$505: 4.01-10.38 (+159%)
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Fresh Options Ideas: 
SPY Weekly $398-399 Calls 
TIGR 04/16 $17.50-20 Calls
TLS 04/16 $35-40 Calls  

Golden Developing Solutions, Inc. DVLP – Recap

We included DVLP in yesterday’s extended watchlist, and the stock rose to the occasion with a very nice intraday run. We saw it jump from a low of .005, smash through the penny barrier, and go as high as .0144. That worked out to total possible gains of 188% on the day.

It also turned out to be the single highest daily volume in the entire history of the stock. With that kind of activity, we’ll certainly want to continue to reserve it a spot on our watchlist.

Extended Watchlist: 
LTNC, LCLP, DSCR, GTEH, PRPM, MINE, DKSC, ATVK

Options Ideas, Bearish and Bullish

Adobe Inc. ADBE – Options Recap:

Despite a major selloff for the markets along with most stocks yesterday, we did see some impressive intraday moves from our selected options targets in the Adobe chain. We highlighted the ADBE Weekly $457.50-465 Calls, and those saw some significant intraday moves from around 10:15 to 11:30AM.

In a recent consensus of more than a dozen analysts, ADBE was given a 90% Buy Rating, so we won’t rule out the possibility of seeing another significant swing, especially if this trading week pulls itself out of the mud by tomorrow. The company also raised its Full Year 2021 guidance, so it’s quite likely that we will be revisiting ADBE once again in the weeks and months ahead.

ADBE was the major point of interest for us in what was a relatively rocky session as a whole, and those ideas afforded us the following intraday gain possibilities:

ADBE Weekly $457.50-465 Calls
$457.50: 2.62-6.50 (+148%)
$460: 1.92-4.65 (+142%)
$462.50: 1.51-4.14 (+174%)
$465: 1.06-3.16 (+198%)

Fresh Options Ideas:

We’ve also got a couple of fresh ideas based off of the earnings calendar. We’re going to look at next months calls for DRI and some weekly puts on RH.

DRI 04/16 $135-140 Calls
RH Weekly $510-502.50 Puts

Extended Watchlist:
MSTO, DVLP, SKDI, MMEX, EATR, GFOO, GRLF

Fresh Options Plays, Friday’s Multi-Baggers

SolarWinds Corp. SWI – Bottom Watch Play

Many SWI shareholders have been running for the hills following the company’s software being at the center of a major global hacking effort last week, and that’s precisely why we are becoming interested in the stock as a bottom-watch play.

SWI is apparently on track to report a big year-over-year earnings increase, and while the full ramifications of the company’s role in the breaches is not yet known, we want to get out ahead of the crowd and begin monitoring it for a bottom-bounce entry point nonetheless.

Not only will we track the stock, but we’re going to formulate a longer-term options idea to monitor over the next couple of months, with the SWI 02/19 $12.50-17.50 Calls.

Options Reviews

We signaled just two individual contracts for observation on Friday morning, the DRI Weekly $115 Calls and the WGO Weekly $60 Calls, and in both cases, our readers and ourselves had the opportunity to reap multi-bag gains.

DRI Weekly $115 Calls
$77: .75-2.31 (+208%)
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WGO Weekly $60 Calls
$255: 1.25-4.55 (+264%)
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Fresh Options Ideas:
NKE Weekly (12/24) $142-145 Calls
SPY 12/23 $365-367 Calls 

Extended Watchlist:
ABML, SFOR, SHMP, APYP, PASO, GRLT, PVDG