Friday’s Rippers, Fresh Ideas

Reviewing Winning Options Plays: 

We made our typical attempt at unearthing some winning options ideas on Friday morning, and with a boatload of earnings reporters to choose from we went with Twitter and Snapchat, in addition to some SPY calls, as we were confident in a bullish session for the markets at large.

Our estimation proved accurate as the markets ripped all day long, and that made for some interesting daily gain opportunities in our designated contract sets. Specifically, we were tracking the TWTR Weekly $71.50-73 Calls, the SNAP Weekly $72.50-73.50 Calls, and the SPY 07/23 $436-437.50 Calls.

In each and every case we were afforded the opportunity to log multi-bag intraday gains. The total ranges and moves on those plays were as follows:

TWTR Weekly $71.50-73 Calls
$71.50: .59-1.56 (+164%)
$72: .45-1.24 (+175%)
$72.50: .32-.97 (+203%)
$73: .23-.73 (+217%)
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SNAP Weekly $72.50-73.50 Calls
$72.50:
 2.48-6.44 (+160%)
$73: 2.00-6.05 (+202%)
$73.50: 1.30-5.32 (+309%)
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SPY 07/23 $436-437.50 Calls
$436: 1.22-4.43 (+263%)
$437: .64-3.49 (+445%)
$437.50: .41-2.97 (+624%)


Fresh Options Ideas:
TSLA Weekly $645-650 Calls
HAS Weekly $94.50-96 Calls


Extended Watchlist:
NAOV, IMV, XBIO, DYNT, TYME, IGEX, FERN, CYBL, PHIL, BOTY, EEGI, SDVI, 

Big MRNA Moves, New Ideas & More

Drone Guarder, Inc. DRNG – Recap:

The first thing we want to do this morning as we prepare to close out another trading week, is to mention the performance in DRNG. We tagged this OTC play for the first time in yesterday morning’s premarket report. It responded immediately with a fairly large intraday run that nearly took it to Pennyland right out of the starting gate at the open.

The stock took off from a low of .0031 and surged as high as .0098, which marks intraday upswing of 216% on less volume than the previous session’s all-time record, but still well over than twice the monthly average. We’ll be interested in continuing monitor its movements with the exceptional activity that has occurred this week.


Moderna Inc. MRNA – Options Update: 

Nearly three weeks ago today, on June 21st,  we formulated a set of longer-term options ideas for MRNA, specifically targeting the MRNA 08/20 $195-210 Calls which have been on a persistent run since then, and have turned in some truly impressive moves.

The stock itself has continued to soar, hitting new highs past the $260 mark yesterday and preparing to gap-up further this morning. Here are the total possible gains in our August calls in just one session shy of three weeks’ time:

MRNA 08/20 $195-210 Calls
$195: 23.50-67.47 (+187%)
$200: 18.00-63.20 (+251%)
$210: 13.55-54.60 (+303%)

In addition to the new highs we expect as a result of the big gap-up we’re seeing in the premarket, we’re also going to add the MRNA Weekly $265-$280 Calls to our daily watchlist as well.
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More Fresh Options Ideas:
AA Weekly $34.50-35.50 Calls 


Extended Watchlist:
IO, XELA, AEHR, LIZI, GLG, INCC, MSTO, LTNC, FERN, SPQS, PDMI

Options Recap, Post-Earnings Ideas & More

More Options Review:  

We’ve got options updates on deck for this morning, and there is actually a fairly decent slate of earnings reporters on the docket today, so we’ll take a look into some of those as well.

As for recaps on options calls we’ve made recently, two of the targets that we reviewed yesterday morning continued their momentum and set new highs for us during the session. They were Friday’s alert on the GBX 07/16 $40 Calls and Tuesday’s alert on the ARWR 07/16 $65 Calls. Additionally, we witnessed new highs in the DRI 07/16 $140-145 Calls, which we initially targeted a few weeks back on June 24th.

These are the updated figures on those plays, all of which expire at the end of the week:

GBX 07/16 $40 Calls
$40: 
1.40-5.40 (+286%)
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ARWR 07/16 $65 Calls
$65: 1.28-4.00 (+213%)
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DRI 07/16 $140-145 Calls
$140: 2.71-10.10 (+273%)
145: 1.10-5.45 (+395%)


Post-Earnings Options Ideas: 

As we’ve been mentioning, next week is when the floodgates for earnings reporters really swing wide open, but for the time being, we have a couple that dropped their quarterlies this morning in which we will select some targets.

GS Weekly $380-385 Calls
PEP Weekly $149-152.50 Calls 


Extended Watchlist:
OSAT, CRTD, WORX, BAOS, DPW, BLIN, NOK, ADGO, SFLM, GVSI, FERN, SFLM