Tag: EEGI

Big-Time Options Scores, Fresh Ideas

Clean Sweep on Daily Options Ideas: 

It’s a simple truth that no one can be right on every hunch every time, so when we formulate a large group of quick-strike ideas, it’s always nice when we can hit on each and every play.

Such was the case with yesterday morning’s premarket report, in which we offered our ideas on four separate options chains. We went four for four with the DKS Weekly $88-91 Calls, the URBN Weekly $37-39 Calls, the ANF Weekly $39-40.50 Calls, and the SPY 05/26 $418-420 Calls. All the way down the line, we saw significant intraday runs.

These were the ranges and total possible intraday gains available in those targets:

DKS Weekly $88-91 Calls 
$88: 4.13-10.66 (+158%)
$88.50: 3.78-11.64 (+208%)
$90: 2.00-10.00 (+400%)
$91: 1.95-8.65 (+344%)
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URBN Weekly $37-39 Calls
$37: 2.74-3.70 (+35%)
$37.50: 1.31-3.01 (+130%)
$38: 1.60-2.60 (+62%)
$38.50: .95-2.20 (+132%)
$39: .80-2.50 (+212%)
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ANF Weekly $39-40.50 Calls
$39: 2.99-4.45 (+49%)
$39.50: 1.68-4.08 (+143%)
$40: 1.17-3.80 (+225%)
$40.50: 1.29-3.22 (+150%)
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SPY 05/26 $418-420 Calls 
$418: .87-1.75 (+101%)
$419: .45-.92 (+104%)
$420: .19-.41 (+116%)

Fresh Options Ideas:
BBY Weekly $117-119 Calls
DG Weekly $197.50-202.50 Calls
WSM 06/18 $175-180 Calls

Extended Watchlist:
IDRR, GEGI, EEGI, EVIO, NSPT, TGGI, TVTX, LOTZ

New Highs in MJWL & More

Monday Options Recap: 

We started off the week in grand fashion yesterday morning, including fresh options ideas from both the SPACE and PTON chains in our premarket report.

We were tracking the SPCE Weekly $24-25.50 Calls. the PTON Weekly $101-103 Calls, and the PTON 06/11 $105-107 Calls. Those longer-term PTON calls did make respectable daily moves as well, but we’re going to focus on the weekly quick-strike plays this morning.

Here are the intraday trading ranges and total possible gains for our tracked plays: 

SPCE Weekly $24-25.50 Calls 
$24: 1.31-4.12 (+215%)
$24.50: 1.05-3.65 (+247%)
$25: .96-3.40 (+254%)
$25.50: .83-3.05 (+267%)
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PTON Weekly $101-103 Calls
$101: 1.30-3.00 (+131%)
$102: 1.00-2.50 (+150%)
$103: .76-2.05 (+170%)

Fresh Options Ideas: 
CBRL Weekly $155-165 Calls 

Majic Wheels Corp. MJWL – Recap:

We also want to highlight the recent performance of MJWL, which we initially began following with our tag of the stock in our report on the morning of May 13th.The low following that report was .0094.

We also included MJWL in yesterday morning’s extended watchlist, and the stock traded in a daily range from .0391 to an impressive new high of .0739. That marks a total possible intraday gain of 89%, and for anyone who got in after our initial alert from two weeks ago, the potential gain as of yesterday high stands at a whopping 686%

Extended Watchlist:
BFARF, PDGO, FBCD, EEGI, TONR ATIG, TGGI, APYP, NUUU, RSHN, RBNW

Interesting PTON Setup & More

Winning Options Review: 

As is typical for a Monday morning around here, we’ll kick off this fresh trading week by going over our winning ideas for Friday’s session from the day’s premarket report, before moving into what’s interesting to us today.

The top movers for the day began with our targets in the Deere & Co. chain, the DE Weekly $357.50-362.50 Calls which were pushed by a strong Q2 showing for the company. That was followed closely by our SPY targets, the SPY 05/21 $415-417 Calls which yielded their large intraday moves in an afternoon rebound.

Here are the very respectable gain opportunities that arose as we tracked these plays:

DE Weekly $357.50-362.50 Calls 
$357.50: 4.50-12.75 (+183%)
$360: 2.74-11.00 (+301%)
$362.50: 3.20-9.35 (+192%)
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SPY 05/21 $415-417 Calls
$415: .61-1.37 (+125%)
$416: .21-.61 (+190%)
$417: .05-.16 (+220%)

Peloton Interactive, Inc. PTON – Options Ideas: 

We are fairly dry on the earnings front today, but we did notice a solid technical setup on PTON, along with some insider buying last week. We’ll look to formulate a shorter and longer-term set of corresponding targets.

Things are going to be slim with regard to the daily number of earnings reporters to choose from for quick-strike trading ideas for the next 8 weeks, but we’ll strive to find other opportunities like these.

PTON Weekly $101-103 Calls
PTON 06/11 $105-107 Calls
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Bonus Idea:
SPCE Weekly $24-25.50 Calls 

Extended Watchlist:
ABMT, GRLF, EEGI, BDGR, MDCN, MJWL, GGII, PHBI, FBCD, PRDL, NSPT