Biggest Options Gainers & More

Options Recaps:

We’ve gotten off to another great start with regard to options trading this week. Yesterday morning in our premarket report, we formulated a couple of ideas, in the THO and UNFI chains on the heels of those companies’ earnings reports.

Despite an extremely poor session for the markets in general yesterday, both of our our ideas, the THO 10/15 $115-120 Calls and the UNFI 10/15 $35-40 Calls, bucked the trend and exhibited multibag gains on the day for us. A strong performance all around no matter which contract set within our targeted ranges was selected.

Here are those excellent multibag intraday moves posted by our plays:

THO 10/15 $115-120 Calls
$115: 4.40-12.70 (+187%)
$120: 2.10-8.70 (+314%)
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UNFI 10/15 $35-40 Calls
$35: 5.00-12.32 (+146%)
$40: .1.60-7.57 (+373%)


Fresh Options Ideas:
MU Weekly $72-71 Puts
WOR 10/15 $60-65 Calls


Farmmi, Inc. FAMI 

We also would like to designate FAMI as a longer-term bottom bouncer that has the potential to become a solid recovery play.

We are going to radar FAMI for the effort the company is making to get its stock back to the dollar minimum PPS required for continued listing on the NASDAQ. A shareholder letter from the CEO this morning outlined some of the ways that’s happening, including planned acquisitions and more. (>>Read PR)


Extended Watchlist:
ENZC, IFAN, TLSS, FERN, VNTH, FONU, ETEK, AYVU, NCNA, GOVX, ITRM, FOLD

Persistent Options Success & More

Options Bonanza Continues: 

We were reporting absolutely massive gains in Wednesday’s tracked options plays for yesterday morning’s premarket report, and like always we went ahead and tried to find some fresh opportunities for our readers. If anyone thought that the thousand-percent gains and more we unearthed was a rare occurrence, that can be laid to rest today.

Our fresh plays for the day and once again we gave our readers access to ten-baggers for the session, in two separate picks! Our targets were the KSS Weekly $52-54.50 Calls, the EL Weekly $310-320 Calls, and the NVDA Weekly $190-193.75 Calls, with the KSS and NVDA calls being the major runners on the day.

Here were the total possible profits on the table for the session: 

KSS Weekly $52-54.50 Calls
$52:
 .91-4.25 (+367%)
$52.50: .59-3.64 (+517%)
$53: .50-3.40 (+580%)
$53.50:  .37-2.79 (+654%)
$54: .20-2.53 (+1165%)
$54.50: .24-2.06 (+758%)
_____

EL Weekly $310-320 Calls
$310:
 11.40-18.19 (+133%)
$320: 2.61-10.80 (+314%)
_____

NVDA Weekly $190-193.75 Calls 
$190: 2.01-15.01 (+647%)
$191.25: 1.53-13.65 (+792%)
$192.50: 1.17-12.57 (+974%)
$193.75: .92-11.38 (+1137%)


Fresh Options Ideas: 
BKE Weekly $42.50-45 Calls*
FL Weekly $57-59 Calls*
DE Weekly $360-365 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds! 


Extended Watchlist:
GRNQ, GOVX, NAKD, WDLF, RGBP, CYBL, TSOI, AITX, SHMP, TGGI, EEGI

Form-4 Alert, Fresh Options Plays

Nkarta, Inc. NKTX – Form-4 Alert

We took notice of an interesting new IPO this morning in NKTX. Typically we would be more interested in stocks with a long history of data to look at, but in this case a notable name is buying up shares. Mega-laboratory GlaxoSmithKline purchased a noteworthy $15M chunk of NKTX, and the newly issued stock has been in a freefall looking for support.

In our experience, we see a lot of IPO’s that sell off hard directly after their initial offering just like this one. It’s when they establish a firm bottom that the buying opportunity is at its greatest, so we are definitely going to want to keep a close watch over NKTX for that to occur. There may be a solid gain opportunity on the horizon here that we won’t want to miss.


Virgin Galactic Holdings Inc. SPCE

We highlighted some calls in SPCE last week and met with great success, to the tune of several multi-bag gain opportunites. It has continued to run this week, and so far we’ve seen a 39% move in the stock alone from 19.07-23.53.

We are interested in selecting another range of calls to monitor with SPCE faring so well, so we’re going to place the SPCE $25.50-26.50 Calls on watch for the remainder of the week.


GeoVax Labs, Inc. GOVX

We tagged GOVX in our
extended watchlist on Tuesday, and this stock has made an absolutely eye-popping move.

From its low of .62 on Tuesday, GOVX hit 1.75 yesterday, marking a total two-day upswing of 182% We’ll continue to keep an eye peeled for more activity in this highly volatile play.


Options Ideas:
KMB Weekly $145-148 Calls
DHR 08/21 $200-210 Calls 


Extended Watchlist:
MSTO, WNDW, VYST, TSOI, LTUM