New Options Ideas & More


Options Review

We want to circle back this morning to update readers on some options ideas we put forth in our premarket report on Tuesday morning. We were interested in tracking the REGN Weekly $317.50-325 Calls and the UBER Weekly $29.50-28 Puts and found solid success in both instances.

Here were the two-day swings made by each contract set in our highlighted ranges, and the total potential profits that were there for the taking:

REGN Weekly $317.50-325 Calls
$317.50 Calls – Range: 11.02-23.00 – Max Gain: 109%
$320 Calls – Range: 5.99-22.65 – Max Gain: 278%
$322.50 Calls – Range: 6.56-17.50 – Max Gain: 167%
$325 Calls – Range: 4.00-18.23 – Max Gain: 356%
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UBER Weekly $29.50-28 Puts
$29.50 Puts – Range: 1.27-3.99 – Max Gain: 214%
$29 Puts – Range: 1.01-3.52 – Max Gain: 249%
$28.50 Puts – Range: .85-3.20 – Max Gain: 276%
$28 Puts – Range: .65-2.60 – Max Gain: 300%

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Fresh Options Ideas: 

QCOM Weekly $88.50-90 Calls
BIDU Weekly $114-117 Calls
MCD 01/17 $195-220 Calls 


Grom Social Enterprises Inc. (OTCMKTS: GRMM)  

We also want to update readers on the performance of GRMM following the special report we released on the company yesterday morning.

The stock saw a daily low of .105 before running as high as .145. That represents an intraday increase of 38% exhibiting just the type of desirable near-term volatility potential that we described in our initial report. It adds to the excitement of where the stock could go from here. Expect updates to be forthcoming as the situation continues to develop.

>>View GRMM Special Report<<



Extended Watchlist: 

WDIS, SKDI, LVGO, RL, TMDI, GOGO, IQ

Blue Horseshoe Stocks: PEP Surges & More

PepsiCo, Inc. PEP

Pepsi had a solid across the board beat following its premarket earnings release yesterday, and we seized opportunity to include the  PEP Weekly $124-125 Calls in our morning report.

A five-dollar intraday run by the stock allowed for some very nice opportunities to profit in our pair of targets. The $124 Calls ran from .72-3.40 for a big 372% rip, while the $125’s traded from .32 to 2.45; a gain of 666%


Verb Technology, Inc. VERB

This stock is a newcomer to the NASDAQ, having only recently uplisted from the OTCQB, which has been the subject of a selloff over the past six weeks. That was kicked into another gear earlier this month when the company announced that its move to the NASDAQ would be accompanied by a $20M offering at roughly half the market price at the time.

Now that it has fallen well below the offering price, and indicators are suggesting a rebound may be in order, we are going to flag this play for observation in the days and weeks ahead.


FRESH OPTIONS IDEAS
United Rentals Inc. URI Weekly $134-136 Calls
Union Pacific Corp. UNP $167.50-175 Calls


Extended Watchlist:
MARA, AMRS, BGNE, GOGO, TNXP, NSPR

Blue Horseshoe Stocks: Wednesday’s Runners, Fresh Ideas

Reviewing Yesterday’s Runners

To start off the week yesterday morning we formulated a trio of fresh options idea to track, and we can gladly announce that all three produced the opportunity to net multibag gains. Our options ideas have been as good in 2019 as any time in our eight year history, and we ain to keep that trend going!

Take a look at yesterday’s fresh ideas, and the bullish activity they recorded:

KNDI Weekly $6-7 Calls

$6 Calls – Range: 1.35-2.90 – Max Gain: 115%
$7 Calls – Range: .72-2.10 – Max Gain: 192%
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GDXJ Weekly $34-34.50 Calls

$34 Calls – Range: .52-1.02 – Max Gain: 96%
$34.50 Calls – Range: .26-.58 – Max Gain: 123%
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GRMN Weekly $74.50-76.50 Calls

$74.50 Calls – Range:
2.90-8.06 – Max Gain: 178%
$75 Calls – Range: 1.52-8.35 – Max Gain: 449%
(There are no $75.50 Calls)
$76 Calls – Range: .71-6.80 – Max Gain: 858%
$76.50 Calls – Range: .72-6.12 – Max Gain: 750%
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Fresh Options Ideas – In addition to continuing to keep an eye on the previously mentioned plays, we will also add to the pool with another couple of ideas today. In these cases we are going to go bearish.

Domino’s whiffed on earnings and revenue in its premarket release today, while same-store sales increased only slightly. Meanwhile, the high profile injury to Duke basketball player Zion Williamson last night caused by a Nike shoe malfunction, has the potential to have a deleterious effect on Nike’s stock in the near term.

Domino’s Pizza Inc. DPZ Weekly $270-260 Puts
Nike, Inc. NKE 03/15 $84-83.50 Puts


Extended Watchlist:
ESNC, CVRS, ATNM, HTGM, BOXL, GEVO, KL, GOGO

Blue Horseshoe Stocks: BLNK, Bottom-Play & More

Blink Charging Co. BLNK

We signaled our interest in BLNK in yesterday morning’s premarket report via the Extended Watchlist, and we’re happy to report on what was a very productive first day of observation.

From a low of 4.34, BLNK made a highly respectable intraday run to 6.34, marking an intraday push of 46% Prior to Monday’s session, wherein the stock picked up in a big way, it had been trading sideways for quite some time. We will be interested in monitoring this play for the possibility of a more sustained uptrend in the days ahead.


Gogo. Inc. GOGO

We want to also bring some attention to the massive selloff which has occurred over the past three trading days. After trading for nearly $10/share, a disappointing earnings release and subsequent Moody’s downgrade has precipitated close to a 50% drop, leaving GOGO trading at just above $5.

We’re going to want to put this one on intensive bottom-watch, as we prepare for possible course correction leading to a bounce play opportunity.


Fresh Options Idea:
Trip Advisor, Inc. TRIP Weekly $45.50 & $46 Calls


Extended Watchlist:
UURAF, TRXC, PLUG, LC, MNKD, GRPN, ICHR, TWLO

Blue Horseshoe Stocks: JCP Options Recap & More

JC Penney Co. Inc. JCP – Options Update

On Friday morning, we offered up a fresh options trading idea for JCP to track in the wake of an earnings beat for the retailer. The specific targets we selected were the JCP 08/19 $9.50-10.50 Calls and after the excellent intraday move from JCP itself (9.70-10.72) each of those sets of contracts yielded the chance at some big-time single-session gains.

The total possible profits for on the day for each were as follows:

$9.50 Calls – Range:  .44-1.16 – Max Gain: 164%
$10 Calls – Range: .16-.79 – Max Gain: 394%
$10.50 Calls – Range: 1.23-2.61 – Max Gain: 640%

With the expiration on these contracts set for Friday, we’ll have the remainder of the week to continue observing these plays if the activity in JCP stock allows.


El Capitan Precious Metals, Inc. ECPN

We also want to provide an update on the performance of another idea we submitted to our readers last week,. We tagged ECPN for observation in Wednesday morning’s premarket report, and the stock spent the next three sessions trending up.

The low we witnessed on Wednesday came in at .1222 and that eventually gave rise to a new high of .1989 on Friday afternoon, marking a solid three-day swing of 63%  It also managed to close quite near its high-of-day, so we’ll be interested to continue following its progress as we kick off a new trading week.

It’s also worth it to mention that at present, ECPN is receiving a rare 100% ‘Buy’ Rating across the board for short, medium, and long term over at BARCHART.COM.


Extended Watchlist:
EPSC, INMG, ORIG, GOGO, TNXP