Key Options Winners

Options Review

Good day traders, we’re kicking off another exciting week of speculation, but first we want to report back on the potential gains from the group of varied options ideas we included in Friday morning’s premarket report.

Those ideas included potential strikes in the BYND, BA, and MSFT options chains, and we saw some nice moves from our bearish and bullish targets alike. Here’s the rundown of what worked, and how well: 

BYND Weekly $150-149 Puts
: 1.03-4.00 (+288%)
$149: .81-3.00 (+270%)

BA Weekly $167.50 Calls
$167.50: .82-3.70 (+351%)

MSFT Weekly $202.50-205
$202.50: 1.95-3.15 (+62%)
$205: 1.33-2.30 (+73%)

Fresh Options Ideas:
SPY Weekly $324-325 Calls
AAPL 10/09 $105-106 Calls

iBio, Inc. IBIO

We have identified an attractive chart setup on IBIO, a stock we have had some experience with in the past.

Coming off of a recent bottom, there’s a good amount of room for the stock to run, so we’re going to place it on watch as a possible longer-term recovery play.

Extended Watchlist:

ATWT Update, Fresh Options Ideas

ATWEC Technologies, Inc. (OTCMKTS:ATWT)

We’re going to kick this week off by swinging back around for an update on ATWT, which we did a special report on a couple of weeks ago.

Last week on Wednesday, the stock bounced off of support at .058 and notched a high .0745 on Friday. That’s an 3-day swing of 28% which has showed us that ATWT can make the type of quick gains that we and our readers are always after.

Take a couple of minutes to view the video chart we recorded for ATWT this morning, outlining the present positioning of the chart. 

Watch ATWT Video Chart for 09/08/20

For More Information on ATWT, visit: 

The Cooper Companies, Inc. COO – Options Recap

We signaled a pair of options target in the COO chain on Friday, the COO 09/18 $310-320 Calls, and saw some very nice activity on those immediately.

Both contract sets ran straight out of the gate, with the $310 Calls trading from 12.28-25.30 (+106%) and the $320’s running 116% from 8.33-18.00.

 Fresh Options Ideas:
SPY 09/09 $340-338 Puts 
BYND Weekly $125 Puts

Extended Watchlist:

NVAX Update & More

Novavax, Inc. NVAX – Review
Among all of the plays we’ve covered this year with coronavirus synergies, one of the top picks has definitely been NVAX. We began tracking this stock back in May, with our first mention coming on May 12th. On that day, NVAX changed hands for as little as 36.08. The stock basically never looked back, with that being the lowest price it will have seen since then.

Yesterday, after roughly seven weeks of continuous upward momentum, NVAX has attained a new high of 111.77. That works out to an overall rise of 210% in a span of less than two months! That’s a good move for any stock, but for one that was already above $35, it’s nothing short of amazing.

Options Ideas: 

We have been in a dark period for big name earnings for at least a couple of weeks now, but we are starting to see some large caps reporting again today. The two that are catching our eye most off of the current calendar are SMART Global Holdings, Inc. SGH and The Simply Good Foods Co. SMPL. Both companies posted a convincing beat of expectations on the street.

Here are a couple of corresponding ideas that we can track today and into next week:

SGH 07/17 $25-30 Calls
SMPL 07/17 $22.50-25 Calls 

Extended Watchlist: