As we very often do, we put forth some fresh options trading ideas for our report yesterday morning, and experienced good fortune with those as the session played out. Our ideas for both Dominos Pizza and eBay each panned out quite nicely, giving traders a solid chance at some serious multi-bag profits on the day.
Dominos Pizza, Inc. DPZ 05/17 $290-300 Calls
$290 Calls – Range: 6.43-16.75 – Max Gain: 160% $300 Calls – Range: 3.22-10.05 – Max Gain: 212%
Ebay, Inc. EBAY Weekly $37.50-38.50 Calls
$37.50 Calls – Range: .61-1.30 – Max Gain: 113% $386 Calls – Range: .33-.95 – Max Gain: 188% $38.50 Calls – Range: .18-.59 – Max Gain: 212%
FRESH OPTIONS IDEAS: Facebook, Inc. FB Weekly $195-200 Calls
Microsoft Corp. MSFT Weekly $129-132 Calls ServiceNow, Inc. NOW Weekly $255-257.50 Calls
Midatech Pharma plc MTP
Following its inclusion in our extended watchlist yesterday morning, MTP made a solid intraday run that we wanted to recap this morning. The stock traded in a range from a low of 2.95 on up to 3.86. That was good for total possible intraday gains of up to 31%
We’ll continue to keep an eye peeled for further gains on MTP, which recently surged to more than $10 just last month. The potential for the kind of extreme volatility we look for is certainly there.
We had a trio of fresh options ideas which we offered to our readers in yesterday’s premarket report, and with a big day for the markets as a whole, every single idea within our designated ranges produced big gain opportunities on the day.
Twitter, Inc. TWTR Weekly $35.50-37 Calls $35.50 Calls – Range: 1.72-5.82 – Max Gain: 238% $36 Calls – Range: 1.52-4.74 – Max Gain: 212% $36.50 Calls – Range: 1.05-4.05 – Max Gain: 286% $37 Calls – Range: .90-3.60 – Max Gain: 300%
Hasbro, Inc. HAS Weekly $97-101 Calls $97 Calls – Range: 4.20-5.75 – Max Gain: 37% $98 Calls – Range: 3.00-4.80 – Max Gain: 60% $99 Calls – Range: 2.56-3.50 – Max Gain: 37% $100 Calls – Range: 1.85-3.60 – Max Gain: 95% $101 Calls – Range: 1.56-3.10 – Max Gain: 99%
Lockheed Martin Corp. LMT Weekly $327.50-$337.50 Calls $327.50 Calls – Range: 2.65-10.33 – Max Gain: 290% $330 Calls – Range: 1.25-8.30 – Max Gain: 564% $332.50 Calls – Range: 1.10-6.30 – Max Gain: 473% $335 Calls – Range: .45-4.60 – Max Gain: 922% $337 Calls – Range: .90-3.30 – Max Gain: 267%
Dominos Pizza, Inc. DPZ 05/17 $290-300 Calls
SAP SE (SAP) 05/17 $125-130 Calls Ebay, Inc. EBAY Weekly $37.50-38.50 Calls
Yuma Energy Inc. YUMA
We also want to circle back for YUMA, which we tagged for observation a week ago today on the 17th. The stock has produced a very solid run in the four sessions since that time.
We have watched as YUMA has run from a low of .151, up to yesterday’s high of .385, which marks a move of 155% on significantly higher volume than the stock is accustomed to seeing.
Yesterday, our premarket report included two fresh sets of options trading ideas for Under Armour, and Take Two Interactive, and thanks in part to a nice rebound for the markets, we were able to see some really nice gains in our designated plays.
Both of these were companies that had just reported their quarterly earnings, which just reinforces why we continue to make these same kinds of calls over and over again. Post-earnings options trading, while just as risky as any other type of short-term trade, is also just about the most reliable way to find quick-strike opportunities to profit.
Here were the trading ranges and total possible single-session gains that could have been banked off of yesterday’s ideas:
Under Armour Inc. UAA $19-20 Calls
$19 – 2.69-4.20 (+56%) $19.50 – 2.65-3.82 (+44%) $20 – 1.75-3.25 (+85%)
Last Thursday morning, we included a tag of YGYI, and today we wanted to swing back around and update readers on the stock’s performance.
YGYI ended up producing a significant dip-and-rip opportunity, coming down to an even 6.00 low before taking off and hitting a high of 10.95 yesterday, in one of its biggest single-session moves of all time. It worked out to an 83% upswing. and put YGYI in blue skies, not to mention grabbing it the top gainer spot on the whole of the NASDAQ.
eBay, Inc. EBAY – Update
We also want to circle around for the extended term options plays we selected for observation, also in last Thursday’s report. Those were the EBAY 11/23 $33-35 Calls, and they’ve gotten off to a good start for us so far. In the four sessions since we highlighted these plays, all three have produce gains of a significant nature:
$33 Puts – Range: 1.22-2.45 – Max Gain: 101% $34 Puts – Range: .82-1.75- Max Gain: 113% $35 Puts – Range: .60-.86- Max Gain: 43%
With tons of time remaining until expiration, we’ll be eager to continue tracking these ideas for further moves.
On our routine morning scan today we noticed that EBAY, on Tuesday, registered a new annual low. The stock is at its lowest share price since April of 2017, and as our readers are well aware, we’re always on the hunt for a good bottom-play.
What we typically do in these scenarios, is signal a range of options calls with a moderate amount of time remaining until expiration. In this case we’re going to designate the EBAY 11/23 $33-35 Calls as our items of interest.
As you can see on the included chart, the relative strength is rising and the MACD has begun to converge toward a bullish cross. Coupled with Tuesday’s annual low and a sizable gap to fill on the order of roughly two dollars, and it makes EBAY an attractive bottom-bounce candidate.
Constellation Brands, Inc. STZ
We also like to look for opportunities on the heels of large companies reporting their earnings by highlighting options with weekly expiration, and that’s wjhat we want to do with STZ this morning.
We’re going to track the STZ Weekly $212.50-220 Calls through today and tomorrow’s sessions.