Coping With Tough Conditions, Trio of Fresh Ideas

Tuesday’s Movers:

While we didn’t exactly have a landmark session yesterday, we did manage to eke out a couple of solid options trading plays despite the harsh environment we’re experiencing at the present time. Nobody’s ever going to be perfect in their assessments, and we have been contending with a tumultuous time for stocks in general. That being said, we never get discouraged, and always keep our noses to the grindstone!

Yesterday’s fruitful targets were the NVDA Weekly $136-138 Calls, and the GTLB 09/16 $50 Calls, the potential gains of which we have listed below. As for how we’ll get along for the remainder of this short week, things are looking up today with a much more substantial slate of names on the earnings calendar.

NVDA Weekly $136-138 Calls
$136: 
2.46-4.40 (+79%)
$137: 2.10-3.85 (+83%)
$138: 1.73-3.30 (+91%)
_____

GTLB 09/16 $50 Calls
$50: 2.40-3.60 (+50%)


Fresh Options Ideas:
PATH 09/16 $15-12.50 Puts
NIO Weekly $17-16 Puts
COUP Weekly $61-63 Calls


Trans Global Group Inc. TGGI – OTC Recap:

We also want to give a brief update the recent run that TGGI has put together. We have been tracking this stock via our daily extended watchlists fairly closely through August and into this month, and subsequent to our alert on the 12th, we would witness a low of .0078. After hitting .0175 that works out to a run of 124%


Extended Watchlist:
BIVI, IMRA, SPRO, BPTS, BIAF, QNRX, AVYA, UCLE, GDVM, BYOC, ONEI, RXMD, PRCX

Kicking the Tires on a Fresh Trading Week

Friday’s Options Runners:

We hope everyone enjoyed the last long weekend until the holidays, and is as ready as we are to hop back into trading action. We ended last week on a fairly positive note, having selected three potential options targets for observation and observing considerable gains in each of them. We are now seeing a considerable drop-off in daily reporters after what was an amazing earning season, but as always, we’ll seek out opportunities and make them work for us!

Our targets from Friday morning’s premarket report worked for us, and they were the AVGO Weekly $495-510 Calls, the LULU Weekly $315-322.50 Calls, and the HCP 09/16 $35-40 Calls. The LULU targets in the low end of the range were our biggest winners of the session, making moves that topped 300%

AVGO Weekly $495-510 Calls
$495: 11.71-21.11 (+80%)
$500: 7.19-16.00 (+122%)
$505: 3.96-11.00 (+178%)
$510: 2.00-6.70 (+235%)
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LULU Weekly $315-322.50 Calls
$315: .48-2.19 (+356%)
$317.50: .19-.83 (+337%)
$320: 1.75-4.16 (+138%)
$322.50: .77-2.00 (+160%)
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HCP 09/16 $35-40 Calls
$35: .78-1.20 (+54%)
$40: .35-.45 (+29%)


Fresh Options Ideas:
NVDA Weekly $136-138 Calls
NVDA 10/07 $145-150 Calls
GTLB 09/16 $50 Calls
GES 10/21 $17-19 Calls


Extended Watchlist:
AABB, ATYG, PQEFF, WTEQF, INTK, LVGI, TGGI, ISEE, HYRE, RUBY, ONVO, KOLD, APDN, ADT

Closing Out the Week Strong, Fresh Ideas

Options Reviews:

It’s a challenging time to be navigating the daily ins and outs of the current economic environment, especially with a dearth of big name earnings on the docket, but we have still been managing quite well, all things considered. Two of our three options targets went for some nice gains yesterday, and in addition to those, we have updated on a couple of longer term plays that have come into some really solid moves. 

Yesterday’s winning targets from our premarket report were the ADBE Weekly $372.50-370 Puts, and the KR Weekly $51-49.50 Puts, so we’ll have the intraday figures on those for you below. Both of the other plays from past reports expire today as well, and the moves below represent the overall increases we’ve observed since formulating the ideas. It was our report on Friday the 3rd when we signaled the ASAN 06/17 $22.50 Puts, and Tuesday the 7th when we put the GTLB 06/17 $40-45 Calls on our radar.

ADBE Weekly $372.50-370 Puts
$372.50:
 13.15-19.00 (+44%)
$370: 11.89-18.20 (+53%)
_____

KR Weekly $51-49.50 Puts

$51: 1.75-2.73 (+56%)
$50: 1.00-2.01 (+101%)
$49.50: .97-1.62 (+67%)
_____

GTLB 06/17 $40-45 Calls
$40: 2.50-7.87 (+215%)
$45: .81-4.50 (+456%)
_____

ASAN 06/17 $22.50 Puts
$22.50: 1.82-6.20 (+241%)


Fresh Options Ideas:

ADBE Weekly $352.50-347.50 Puts*
MP Weekly $30 Calls*
GO Weekly $40 Calls*
BABA Weekly $105-108 Calls*

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


Extended Watchlist: 
REV, ATHX, MREO, KZIA, ELMS, BLBX, IMPP, SYSX, HIRU, VGID, RTON,