Tag: EXPI

BEKE Options Score Big Gains & More

Options Roundup:

As usual, there are several options ideas that we are actively tracking, in which we have been observing some excellent moves and opportunities for quick strike profits.

We’ve been on top of EXPI for a whole week now, and the stock continues to facilitate new highs in the plays that we’ve targeted in the options chain.Despite already posting some serious multibag moves, the bullish run continued early on in the session before a consolidation finally occurred. Here were the final figures on its impressive run as pertains to our tracked contract sets:

EXPI 03/19 $50-55 Calls
$50:  2.16-9.80 (+354%)
$52.50: 1.45-7.60 (+424%)
$55:  2.10-5.50 (+162%)
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BEKE and FUTU were the focus of our fresh options ideas in yesterday’s premarket report. They were earnings calendar plays and they both posted positive moves, with BEKE being the clear winner of the day:

BEKE Weekly $60-65 Calls 
$60:  3.60-12.05 (+235%)
$65:  1.19-7.60 (+539%)
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FUTU Weekly $157.50-162.50 Calls
$157.50: 8.52-12.10 (+42%)
$160: 7.28-11.00 (+51%)
$162.50: 7.60-9.80 (+29%)

Fresh Options Ideas:
CRWD Weekly $197.50-202.50 Calls
PDD Weekly $152.50-148 Puts

Extended Watchlist: 
HMNY, HPNN, PBYA, RDWD, SKPO, RCIT, NXGT, CPWY, CBDL, GBHL

Fresh Plays, Winner Recaps & More

eXp World Holdings Inc. EXPI – Options Review:

Yesterday morning, we highlighted the performance of our options ideas in EXPI that we had initially targeted on Wednesday, the EXPI 03/19 $50-52.50 Calls. After posting double-bag moves, we mentioned that we expected the bullish activity to continue, based on the stock’s behavior in the premarket.

In addition to the EXPI 03/19 $50-52.50 Calls from last week, we extended our target range by rolling up to include the EXPI 03/19 $55 Calls. Not only did the updated strike instantly yield double-bag gains on the day, but our preexisting targets tacked on some stellar new highs which has extended our observed trading range by a considerable amount.

The following numbers are the total swings made by the $50-52.50’s since last week, and the single-session surge recorded yesterday by the $55’s:

EXPI 03/19 $50-55 Calls
$50:  2.16-8.20 (+280%)
$52.50: 1.45-6.10 (+321%)
$55:  2.10-4.60 (+119%)

XL Fleet Corp. XL – Recap:

It was also this past Wednesday morning that we flagged some longer-term contracts in the XL options chain, with the XL 05/21 $12.50-15 Calls. Despite just a few sessions passing since then, this bottom bouncing stock has continued to add modest gains daily.

We already have seen some notable moves in those plays with more than two month remaining until expiration. We’ll be interested to see where they go from here in the event of continued northward movement in XL. Here are the gains we’ve tracked so far:

XL 05/21 $12.50-15 Calls
$50:  2.45-3.50 (+43%)
$52.50: 2.00-3.00 (+50%)
$55:  1.70-2.64 (+55%)

Fresh Options Ideas: 
FUTU Weekly $157.50-162.50 Calls
BEKE Weekly $60-65 Calls 

Extended Watchlist: 
UAMM, AABB, NIHK, NTRR, BFCH, SEGI, ALYI, RBNW, WARM

Options Updates, Fresh Plays

US Steel Corp. X – Options Review:

We offered up a possible trade idea for the X chain in Friday morning’s premarket report, just as the company provided first quarter 2021 guidance that reflects higher expectations on strong steel demand leading to a rise in price. That led to an excellent session wherein X approached its previous high of the calendar year thus far, though it did ultimately come up just shy of the mark.

Our designated targets, the X Weekly $22-22.50 Calls fared quite well, with the PPS surging past and holding over $24 into the close. That facilitated the following gain opportunities for anyone who happened to catch our signal:

X Weekly $22-22.50 Calls
$22:  51-2.33 (+357%)
$22.50: .26-1.89 (+627%)

eXp World Holdings Inc. EXPI:

Speaking of solid options plays, on Wednesday morning we threw out an idea for the EXPI chain, specifically targeting the EXPI 03/19 $50-52.50 Calls. The stock performed exceedingly well to close out the week, running to new highs.

That move enabled our options plays to record some excellent double bag trading ranges, and with the momentum built up in the stock, we’re going to want to continue to track these ideas, in addition to rolling up to include the EXPI 03/19 $55 Calls.

EXPI 03/19 $50-52.50 Calls
$50:  2.16-5.30 (+145%)
$52.50: 1.45-3.70 (+155%)

Fresh Options Plays:
PBR 04/01 $9-9.50 Calls
YALA Weekly $22.50-25 Calls 

Extended Watchlist: 
DVFI, LRDC, ILUS, FTXP, IMTL, NLST, BTCS, BTSC