Tag: HVCW

Fresh Options Ideas & More

Options Ideas – Form-4 Plays:

We do typically like to stick with options plays that coincide with big name earnings reporters, but we always like to scan for Form-4’s (insider transactions) and formulate ideas in those instances where we like the chart setup.

We’ve got a couple of potential targets which fit that bill with huge amounts of shares being soaked up in ASAN last week, and a large $10M block being purchased in PFSI yesterday. These transactions give us at least a reasonable confidence that those involved believe that the future looks brighter than the present.

ASAN 01/21 $110-120 Calls
PFSI 12/17 $65 Calls 

Options Ideas – Earnings Plays: 

Of course we don’t want to leave out our bread and butter, so we’ve also taken a look at what the earnings calendar has to offer this morning.

Build-A-Bear and Ambarella are a couple in that category that our catching our eye today, so we’ll hash up some ideas for those as well:

BBW 12/17 $17.50 Calls
AMBA Weekly $197.50-207.50 Calls 

Extended Watchlist:
OP, ARDX, VBIV, AUVI, SLHG, WORX, TGTX, FNMA, FMCC, INND, APHLF, ZNOG, CGAC, BTZI, IWAL, HVCW

Subpenny Runner, Options Ideas

Nano Labs Corp. CTLE – Recap

At the top of our to-do list this morning is going to be CTLE, which we tagged for observation in yesterday morning’s premarket report. We include these Extended Watchlist plays nearly every day, and it’s always a good idea to add them to a watchlist on your own screens, as they often turn up hidden gems like this one.

CTLE recorded a low of .0044 before pushing up to a high of .0095, which represents an intraday rip of 116% The stock posted this performance on its largest single day trading volume in well over five years, with over a billion shares changing hands! With activity on this level, we’ll certainly want to continue to follow the CTLE chart as we head through midweek.

Ebix.com Inc. EBIX – Bottom Bouncer

We took notice of EBIX this morning on a routine scan, and discovered a very attractive bottom setup on the chart. As you can see on the included snapshot below, the stock fell off a cliff last month and has spent the past week establishing a new bottom.

This is exactly the type of setup we look for in a potential recovery play, with a base of support along with a massive topside gap on the chart. We’re going to add a longer-term options idea that would allow us to take advantage of any impending rebounds. We’re going to radar the EBIX 06/18 $40-45 Calls.

Fresh Options Idea:
AMBA Weekly $118-121 Calls

Extended Watchlist:
WSGF, PVDG, ALYI, HVCW, RDWD, VBNU, ABQQ

Blockchain Blockbusters & More

Bitcoin Related Options Runners

We began the week by tracking bitcoin related stocks RIOT and MARA, and the options targets we formulated in each of them. On Monday morning we started with the RIOT Weekly $27-28 Calls and the MARA Weekly $26.50-28 Calls.

After solid success with those, on Tuesday morning we rolled up to include the $34-36 Calls in both chains on our watchlist. What unfolded from there has been a week filled with solid gain opportunities. Below, we will highlight the trading ranges and total potential gains on all of these targets through yesterday’s close.

RIOT is up considerably more than MARA in the premarket, however, considering the activity we’re observing, we would expect to see these figures increase today as we close out another excellent options trading week.  

RIOT Weekly Calls
$27: 1.56-18.40 (+1079%)
$27.50: 1.50-18.32 (+1121%)
$28: 1.35-18.70 (+1285%)

$34: 1.37-12.43 (+807%)
$35: .99-11.50 (+1061%)
$36: .99-10.50 (+960%)
______

MARA Weekly Calls 
$26.50: 1.91-14.00 (+633%)
$27: 1.48-13.10 (+785%)
$27.50: 1.51-12.75 (+744%)
$28: 1.43-12.50 (+774%)

$34: .76-7.10 (+834%)
$35: .81-6.29 (+676%)
$36: .57-5.52 (+868%)

Just as we have all week, we’ll be looking to stay on the money by including some higher strikes on our watchlist, with the RIOT Weekly $46-48 Calls and the MARA Weekly $38-39 Calls.

The Kraft Heinz Co. KHC – Recap

New in yesterday’s premarket report were the KHC Weekly $34-34.50 Calls which yielded the following moves and possible profits on the day:

KHC Weekly $34-34.50 Calls
$34: .68-2.62 (+285%)
$34.50: .57-1.80 (+215%)

Fresh Options Ideas:
DIS Weekly $190-192.50 Calls
NET Weekly $87-86 Puts  

Extended Watchlist: 
HVCW, ADTM, RNVA, RBNW, SRMX, LTNC, ECEZ, RTON, ELCR