Sweeping Options Success

US Steel Corp. X – Update

Following our report on Tuesday morning wherein we signaled the X Weekly $8.50-9 Calls for tracking, those contracts steadily put on more gains for the remainder of the week, with the big finish coming on Friday.

Our two targets had already reached multi-bag status the previous day, but really kicked things into high gear to close out the week.

Here are the total moves made by those ideas from Tuesday through Friday:

X Weekly $8.50-9 Calls
$8.50: .23-2.08 (+804%)
$9: .07-1.55 (+2114%)


More Big Winners

We also had formulated two fresh options trading ideas for Friday’s session, highlighting the SPY Weekly $313-315 Calls and the AVGO Weekly $310-317.50 Calls and we are pleased to report that we hit the nail on the head in both of those cases as well.

Solid gains were available to ourselves and our readers across the board. Here were the maximum profits made possible by those plays:

SPY Weekly $313-315 Calls
$313:
 2.62-8.11 (+210%)
$314: 2.03-7.23 (+256%)
$315: 1.50-6.20 (+313%)
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AVGO Weekly $310-317.50 Calls
$310: 11.21-19.20  (+71%)
$312.50: 10.99-16.96 (+54%)
$315: 8.59-15.99 (+86%)
$317.50: 4.56-14.36 (+215%)


Fresh Options Idea:
NKLA Weekly $42-43 Calls 


Extended Watchlist:
BLXX, HDII, IGEN, UAPC, UNVC, JCPNQ,

Surprise Jobs Numbers Causing Market Surge

US Steel Corp. X – Update

Our US Steel targets from Tuesday morning’s premarket report continued to rise during yesterday’s session. We had mentioned the X Weekly $8.50-9 Calls We saw some nominal gains that day and on Wednesday cautioned that the party wasn’t over yet for those ideas.

Sure enough, we saw some very nice increases yesterday, pushing our ideas much higher and into multi-bag gain territory. The total moves on the week were as follows: 

X Weekly $8.50-9 Calls
$8.50: .23-.81 (+252%)
$9: .07-.35 (+400%)
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Fresh Ideas*:
SPY Weekly $313-315 Calls
AVGO Weekly $310-317.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 



Luckin Coffee LK – Recap 

We’ alerted on LK in last Wednesday’s report, at which time we stated that the stock was showing signs of a reversal. We put it on watch, and it didn’t take long for the stock to see a low of 2.00 before launching into a multi-day run.

Yesterday the stock hit 4.94, marking a move up from our observed low of 147% This morning in the premarket, that figure has been extended as the stock has changed hands for as much 5.71. That means we’ve witnessed an overall increase of 186% in a span of just eight trading days!


Extended Watchlist:
VISL, TTPH, HDII, CRGE, IGEN, GRST

AMAZ-ing Gains!

Amazing Energy Oil & Gas, Inc. AMAZ 
.
After including in our extended watchlist yesterday, we saw a really impressive move from AMAZ, a stock we have actually been tracking since the end of April.

Shortly following our initial alert on this play it was a subpenny, trading for as little .0014 a share (05/05). Yesterday, AMAZ hit a new high of .016. That represents an overall increase of 1043% in a span of less than a month! It serves as a good example of why, even though our primary focus is quick-strike options trading these days, we still like to tag the occasional OTC play.


Fresh Options Ideas
MGI 06/19 $4 Calls
X Weekly $8.50-9 Calls 


Extended Watchlist:
ABCE, HDII, HIPH, RTON, TREP, VRML