Closing Out Another Fruitful Trading Week

Another Sweep of the Board on Thursday: 

We were right on target with the options trading ideas we put forth in yesterday morning’s premarket report. We included possible ideas for three different earnings reporters, and got reasonably impressive intraday results from each of them.

Our areas of interest for the session were the DDOG Weekly $83-81 Puts, the SHOP Weekly $48.50-47.50 Puts, and the CSCO Weekly $48.50-50 Calls. The moves produced ranged from very good excellent on those plays, as you can see here:

DDOG Weekly $83-81 Puts
$83:
 .45-1.91 (+324%)
$82: .30-1.30 (+333%)
$81: .20-.81 (+305%)
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SHOP Weekly $48.50-47.50 Puts
$48.50: 2.24-4.13 (+84%)
$48: 1.91-3.90 (+104%)
$47.50: 1.57-3.33 (+112%)
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CSCO Weekly $48.50-50 Calls
$48.50: 1.38-3.20 (+132%)
$49: 1.09-2.68 (+146%)
$49.50: .73-2.27 (+210%)
$50: .46-1.80 (+291%)


Fresh Options Ideas:
AN Weekly $145 Calls*
DE Weekly $412.50-417.50 Calls*
DASH Weekly $68-70 Calls*
AEM Weekly $50-45 Puts*

*Please don’t attempt to trade options on their day of expiration unless you are an experienced options trader.


Extended Watchlist:
IBIO, NOGN, JSPR, GMBL, INZY, ENZC, AHRO, FLCX, TIMCF, REED, LPHM

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
$150
: 1.03-4.00 (+288%)
$149: .81-3.00 (+270%)
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BA Weekly $167.50 Calls
$167.50: .82-3.70 (+351%)
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MSFT Weekly $202.50-205
$202.50: 1.95-3.15 (+62%)
$205: 1.33-2.30 (+73%)
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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:
NXMR, HDII, RAFA, MSSV, MTPP, NMTC

Big Winners, More New Ideas

iBio, Inc IBIO – Update

It was just this past Thursday morning that we were mentioning our great success in tracking IBIO to multibag gains, beginning when we first highlighted it as a potential coronavirus play on March 17th. We subsequently observed a low of .76, and as of our followup last week, it had produced an increase of over 400%

That was before yesterday, in which IBIO took the #3 top gainer spot on the NASDAQ, and broke out to yet another impressive new high of 7.43. That extends the gain we’ve seen on this play since our initial alert to a mammoth 878%  Even as other stocks representing COVID-19 vaccine candidates have been flagging of late, IBIO has continued its impressive uptrend, and we’re excited to see where it goes from here.


Microsoft Inc. MSFT

One of our options ideas from yesterday morning’s report fared quite well during the session, and based on the way things look in the premarket today, we expect to see further increases in our target contracts.

Those were the MSFT Weekly $205-210 Calls and they got off to a really good start with some solid intraday gains: 

MSFT Weekly $205-210 Calls
$205: 6.70-11.30 (+69%)
$207.50: 5.65-10.10 (+79%)
$19: 4.75-8.75 (+84%)

We also want to roll up to include the MSFT Weekly $212.50-215 Calls in our watchlist.
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Fresh Options Ideas:
PM Weekly $74.50-76 Calls
LMT Weekly $370-380 Calls
IBM Weekly $130-132 Calls
PLD 08/21 $100-105 Calls


Rising Biosciences, Inc. RBII

Another mention from yesterday morning’s premarket report was RBII, and that too exhibited a very nice move on the day.

We have been bringing some of our focus back to OTC stocks quite a bit more in 2020, and this is another in a growing line of solid calls on that front. The stock traded from a low of .003 mand went on to hit .0068, for an intraday rip of 127%


Extended Watchlist:
SBFM, GOVX, TTCM, VRUS, CYDY