Tag: GIII

Huge Options Gainers & More

Friday’s Options Mega Success:

We just keep plugging away in our never-ending quest to track down daily opportunities in options trading. Thanks to a very nice session for the markets as a whole and well-received earnings, our ideas from Friday morning’s premarket report all hit on some very impressive daily gains. That continued an incredible streak of success that has been going for weeks now.

Our targets for the day were the LULU Weekly $317.50-322.50 Calls, the DOCU Weekly $205-210 Calls and the MDB Weekly $280-287.50 Calls, and all three sets produced eye-popping intraday runs that facilitated the following total potential profits for our readers. Regardless of the target or strike price chosen, the multibag gain opportunities were there for the taking:

LULU Weekly $317.50-322.50 Calls
$317.50: 4.27-13.32 (+212%)
$320: 2.70-10.95 (+305%)
$322.50: 1.47-8.00 (+444%)
_____

DOCU Weekly $205-210 Calls
$205: 5.50-29.45 (+435%)
$207.50: 4.13-26.93 (+552%)
$210: 2.65-24.27 (+816%)
_____

MDB Weekly $280-287.50 Calls
$280: 7.55-32.83 (+335%)
$282.50: 11.25-23.80 (+112%)
$285: 4.13-28.79 (+597%)
$287.50: 2.45-30.00 (+1124%)

Fresh Options Idea: 
GIII 06/18 $30-35 Calls

Extended Watchlist:
RMED, AREC, LMNL, NEXT, GLMD, RSHN, AAPT, AITX, ENZC, MJWL, PJET, XREG, CZNI, VGID

Blue Horseshoe Stocks: SPY Puts & More

G-III Apparel Group Ltd. GIII

Among our fresh ideas for yesterday’s premarket report was GIII, in whose options chain we signaled a pair of contracts for observation shortly after the company’s quarterly report was issued. Those were the GIII 09/21 $45 & 50 Calls, and despite a very up-and-down session for the stock itself, opportunities for intraday profits were on the table early on in the session.

The $45 Calls traded up from a low of  2.67, to as much as 6.00, representing an upswing of 125%, while the $50 Calls ran from 1.03-2.49 for a 142% pop.

These could still see further action down the line. still being two full weeks from expiration, with the current bearish attitude of the market being only a temporary hurdle.

Fresh Options Idea:

Speaking of bearish attitudes, that’s going to be our take on some SPY Calls this morning to finish out this short week. We’re going to look for a break below $287, and place the SPY Weekly $288-287 Puts**

**Please do not trade weekly options on a Friday unless you are an advanced level trader with disposable funds!

Extended Watchlist:
DRNA, GCO, FIVE, DOMO, NBRE, TAHO

Blue Horseshoe Stocks: NBEV Recap & More

New Age Beverages Inc. NBEV

Our first order of business this morning is to rehash the performance of NBEV this week, subsequent to our initial alert on the play on Tuesday morning. It was enough of a heads-up to catch the stock at its weekly low of 1.53, which has given way to new highs after a pair of very strong outings.

Yesterday NBEV reached a new high of 2.40, which marks a two-session swing amounting to a respectable 57% We’ll be sure to continue to monitor the situation in the event that the stock parlays its strong start to the short week into an equally convincing finish.

Despite then closing below, the stock has been rebolstered in the premarket, having already traded back as high as yesterday’s peak at 2.40. If this stock can break through the channel of resistance between 2.40-2.58, we could see some more very interesting activity from this play.


Fresh Options Ideas:

We’ve got an earnings related options idea with GIII this morning, and are also taking note of the chart setups on FB and TWTR, which are presently exhibiting double bottom formations as they search for solid support. Each also has a gap to the upside, so we’re going to signal some extended term ideas to track.

GIII 09/21 $45 & 50
FB 10/12 $182.50-190 Calls
TWTR 10/12 $35-37.50 Calls

Extended Watchlist:
ARWR, SPPI, MYSZ, RSLS, SBOT, OBLN, PDS