Tag: FNMA

Thursday’s Movers, Friday’s Targets

Options Recap:

As we head into the end of what has been a very productive week, we’re going to take a minute to reflect on the excellent job we’ve done weathering the earnings drought which is set to end on Monday day morning. We’re sure to have plenty of ideas to come from that, but in the meantime, we’ve held our own with our daily options ideas.

Yesterday we put forth four possibilities, and three of them recorded significant positive movement on the day. Our winning targets of interest were the SPY 07/15 $378-375 Puts, the TSM Weekly $81-83 Calls, and the JPM Weekly $109-107 Puts, which posted the following trading ranges and total profit possibilities:

SPY 07/15 $378-375 Puts
$378: 3.71-5.64 (+52%)
$377: 3.08-4.94 (+60%)
$376: 2.54-4.25 (+67%)
$375: 2.08-3.66 (+75%)
_____

TSM Weekly $81-83 Calls
$81: .98-3.15 (+221%)
$82: .60-2.26 (+277%)
$83: .37-1.50 (+305%)
_____

JPM Weekly $109-107 Puts 
$109: 1.93-3.25 (+68%)
$108: 1.03-1.92 (+86%)
$107: .64-1.33 (+108%)

Fresh Options Ideas: 
SPY 07/15 $379-382.50 Calls*
UNH Weekly $507.50-515 Calls*
PINS Weekly $19-20.50 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders. 

OTC Update: Cruzani, Inc. CZNI – We’ve been tracking CZNI this week, which hit a new high of .0011 yesterday, cracking through the barrier between super-subpenny and subpenny territory. From our initially observed low of .0005 following our alert on Monday morning, the stock has posted an increase of 120%

Extended Watchlist: 
RMSL, HALB, DRFC, FMCC, FNMA, GEGI, JPEX, SYSX, USEA, NEXI, EVTL, PINS, ILAG

Fresh Options Ideas & More

Options Ideas – Form-4 Plays:

We do typically like to stick with options plays that coincide with big name earnings reporters, but we always like to scan for Form-4’s (insider transactions) and formulate ideas in those instances where we like the chart setup.

We’ve got a couple of potential targets which fit that bill with huge amounts of shares being soaked up in ASAN last week, and a large $10M block being purchased in PFSI yesterday. These transactions give us at least a reasonable confidence that those involved believe that the future looks brighter than the present.

ASAN 01/21 $110-120 Calls
PFSI 12/17 $65 Calls 

Options Ideas – Earnings Plays: 

Of course we don’t want to leave out our bread and butter, so we’ve also taken a look at what the earnings calendar has to offer this morning.

Build-A-Bear and Ambarella are a couple in that category that our catching our eye today, so we’ll hash up some ideas for those as well:

BBW 12/17 $17.50 Calls
AMBA Weekly $197.50-207.50 Calls 

Extended Watchlist:
OP, ARDX, VBIV, AUVI, SLHG, WORX, TGTX, FNMA, FMCC, INND, APHLF, ZNOG, CGAC, BTZI, IWAL, HVCW

Perfect Sweep on Options, Fresh Ideas

Hot Options Runners:

We got right back into the swing of things with potential options trades yesterday morning. Our premarket report contained a trio of fresh earnings-related ideas, and we hit the trifecta, with each and every one of our targets producing huge multibag moves on the day. It’s a uniquely satisfying, yet quite common event around here for us to hit on every idea we formulate on a given day.

Our contracts of interest in this case were the PANW Weekly $400-415 Calls, the PDD Weekly $89-92 Calls, and the BBY Weekly $116-119 Calls. We were very pleased with each and every move we observed in those designated ranges, which all gave traders ample opportunities to reap quick profits.

PANW Weekly $400-415 Calls
$400: 20.01-46.03 (+130%)
$405: 14.94-42.00 (+181%)
$410: 15.13-36.86 (+144%)
$415: 12.06-31.58 (+162%)
_____

PDD Weekly $89-92 Calls
$89: 3.89-10.70 (+175%)
$90: 3.35-10.19 (+204%)
$91: 2.93-9.15 (+212%)
$92: 3.08-8.40 (+173%)
_____

BBY Weekly $116-119 Calls
$116: 2.30-8.00 (+248%)
$117: 1.73-6.80 (+293%)
$118: 1.41-6.20 (+340%)
$119: 1.09-5.23 (+380%)

Fresh Options Ideas: 
AMC Weekly $44-46 Calls
DKS Weekly $122-130 Calls
KC 09/17 $30-35 Calls 

Extended Watchlist:
LWAC, CPOP, SPRT, RGC, ASTC, BRBL, NSAV, LTNC, SKYF, FMCC, FNMA, VIZC, VXIT, BMIN