Gilead Sciences, Inc. GILD – Options
We’ve been hot on the trail of GILD Calls since Wednesday, when we brought forth the idea of using the $97 and $98 Calls to take advantage of GILD recovery from a beating it had taken following a mixed-result earnings call. Both sets of contracts brought us the chance to make major gains that day, with the 97’s and 98’s making moves of 226% and 253% respectively.
We reaffirmed our interest in those same calls in yesterday’s premarket report, and for the second day in a row, we were extremely pleased with the intraday opportunities afforded to us.
The $97 Calls, after trading as low as .79, would go on to set a daily high of 2.20, a 178% rip. The $98 Calls went on a run from 1.27 to as much as 3.05, a 140% increase.
Cheers go out to anyone else who was able to take advantage of our meticulous coverage of this excellent play this mid-week. It’s just the latest in a long line of great options trading ideas we’ve had so far in 2015, so even if you’ve missed everything up to this point, you’re not too late, because we have no intention of slowing down now!
Fresh Options Ideas
Twitter, Inc. TWTR
Twitter had an earnings beat post-market yesterday, and as a result the stock is gapping up significantly this morning. Our next potential area of interest is going to be with the TWTR $45 Calls. (Last Traded @ 1.00)
LinkedIn Corp. LNKD
Another social media earnings beater was LNKD, and in this case we’re going to be looking at Calls in the $260-263 range. ($260’s last trade: 2.32 – $262.50’s last trade: 2.00)
Rich Pharmaceuticals, Inc. RCHA
In addition to yesterday’s successful options plays was a stock we also mentioned in our morning report that went on to behave exactly as we predicted.
After making a huge run that topped 1700% the day prior, we mentioned our expectation that RCHA would pull back off of its extreme highs and offer us a subsequent bounceplay, and indeed it did.
The stock came down as low as .0091 before recovering to a daily high of .019. That was good for gains of up to 109% on the rebound.
P, GPRO, CRGP, ENZR, PEII(Potential Bottom Bouncer)