Continued Options Trading Excellence

A Mistake Free Wednesday: 

We offered up a set of four possible options trading ideas in our premarket report for yesterday morning, all of which went to the bullish side of the street. Thanks in part to a strong session for the markets in general, we scored another clean sweep, with every target we designated for observation logging  significant movement and opportunities for traders.

Our interests for the day were the KBH 01/20 $34-35 Calls, the SPY 01/11 $391-392 Calls, the TSLA Weekly $120-122 Calls, and the BBBY Weekly $2.50 Calls. As we said, they all went for nice daily runs, and in the case of Bed Bath & Beyond, even a play on the stock itself was a possibility as it traded up from 2.41 and went on to hit a high of 4.50 (+87%). Here’s how those options plays shook out for the session:

KBH 01/20 $34-35 Calls
$34: 
2.07-2.81 (+36%)
$35: 1.45-2.10 (+45%)
_____

SPY 01/11 $391-392 Calls
$391: 
1.27-4.56 (+259%)
$392: .76-3.84 (+405%)
_____

TSLA Weekly $120-122 Calls
$120: 
3.80-7.30 (+92%)
$121: 3.30-6.55 (+98%)
$122: 2.82-5.85 (+107%)
_____

BBBY Weekly $2.50 Calls 
$2.50: .24-1.12 (+367%)


Fresh Options Ideas:
SPY 01/12 $395-397 Calls
TSM Weekly $82.50-85 Calls
CRWD 01/27 $98-99 Calls 


OTC RECAPS: 

Kronos Advanced Technologies, Inc. KNOS – We had a standout OTC play jump off of yesterday’s extended watchlist to make a nice intraday move for us. We signaled interest in KNOS, which ran from a low of .0169 up as high as .0279, which marked a respectable intraday rise of 65%
_____

Clovis Oncology Inc. CLVSQ – Also in yesterday’s report was a tag of CLVSQ, which made a really nice multibag run from .0712 -.189 for us on the day. That represents a move of 165%


Extended Watchlist:
BBAI, YTEN, MMV, VGFC, PRTY, KERN, OZSC, KGKG, CYDY, FRFR, NSAV

No Shortage of Good Options Plays

A Successful Tuesday Slate: 

We kept things trending in a good direction with the options ideas we signaled in our premarket report yesterday morning, offering up our best shots with a slate of four potential targets for our readers. With the exception of one single contract set in one of those designated ranges, we saw appreciable intraday movement and gain chances in every case.

Those targets were the BABA 01/20 $111-113 Calls, the FRO 01/20 $13-14 Calls, the ACI 01/20 $20-21 Calls, and the PSMT 01/20 $60-65 Calls. The potential profits on those ranged from nominal with the ACI targets, to extremely impressive, in the case of FRO. Here’s how all of those ideas came through for us:

BABA 01/20 $111-113 Calls
$111: 
2.97-5.45 (+84%)
$112: 2.49-4.80 (+93%)
$113: 2.05-4.15 (+102%)
_____

FRO 01/20 $13-14 Calls
$13: 
.63-1.75 (+178%)
$14: .20-.97 (+385%)
_____

ACI 01/20 $20-21 Calls
$20: 
1.00-1.30 (+30%)
$21: .24-.40 (+75%)
_____

PSMT 01/20 $60-65 Calls
$65: 
1.00-3.61 (+261%)


Fresh Options Ideas:
KBH 01/20 $34-35 Calls
SPY 01/11 $391-392 Calls*

TSLA Weekly $120-122 Calls
BBBY Weekly $2.50 Calls 

*Trading options on their day of expiration is typically a higher risk/reward situation, and should only be attempted by experienced traders


Extended Watchlist:
CLGCF, CLVSQ, TUEM, KNOS, FRFR, STRY, KGKG, TLSS, NEWH, BIOR, BWEN, LIPO, BBBY, HEPA, LASE

Multiple Options Updates, Fresh Ideas

Options Trading Updates: 

A lot of the potential options targets we’ve been signaling for observation lately have had a July 15th expiration date, which is a slight departure from our typical targeting of weekly contracts. It has made sense in the current choppy climate being cause by a seemingly constant ebb and flow of recession concerns.

So this morning in addition to providing the moves made by the lone idea in yesterday’s report, the KRTX 07/15 $125-130 Calls, we’ll provide updates on a number of other still-active plays we’ve been tracking that are getting along quite nicely. Those are the KBH 07/15 $27-28 Calls, the WGO 07/15 $45-50 Calls, and the NFLX 07/22 $185-190 Calls. We called those on June 23rdJune 22nd and July 1st, respectively. Here are the total gains that have been possible with those plays over that time frames:

KRTX 07/15 $125-130 Calls 

$125: 15.00-19.00 (+27%)
$130: 11.67-17.24 (+48%)
_____

KBH 07/15 $27-28 Calls
$27: 
1.75-3.65 (+109%)
$28: 1.25-2.10 (+68%)
_____

WGO 07/15 $45-50 Calls
$45: 
3.00-7.00 (+233%)
$50: .95-3.40 (+258%)
_____

NFLX 07/22 $185-190 Calls
$185: 9.18-15.38 (+68%)
$187.50: 13.25-14.25 (+8%)
$190: 7.80-13.18 (+69%)


Fresh Options Ideas
SPY 07/06 $380-382 Calls
RFP 07/15 $17.50-20 Calls 


Extended Watchlist: 
CHNC, SRNW, RMRK, SEII, KRFG, CIVX, VXIT, MSVI, ENJY, HEXO, IINN, WORX,

Ending the 4-Day Week with 4 Fresh Options Ideas

Good Environment for Options: 

We’re wrapping up another solid trading week today, and it certainly was an uncharacteristically bullish one when compared to the typical holiday-shortened week. The markets ripped into the close again yesterday, and that provided an extra boost for some of the options plays we’ve been tracking.

From yesterday morning’s report, the DRI 07/15 $120-125 Calls and the KBH 07/15 $27-28 Calls made instant moves for us despite still having an additional three weeks before expiring, while the WGO 07/15 $45-50 Calls from Wednesday’s premarket newsletter continued their run and tacked on some new highs as well. Here are the overall moves and total possible gains on those targets:

DRI 07/15 $120-125 Calls
$120: 1.85-2.40 (+30%)
$125: .80-1.10 (+38%)
_____

KBH 07/15 $27-28 Calls
$27: 
1.75-2.70 (+54%)
$28: 1.25-2.01 (+61%)
_____

WGO 07/15 $45-50 Calls
$45: 
3.00-7.00 (+143%)
$50: .95-3.40 (+258%)


Fresh Options Ideas:
FDX Weekly $232.50-237.50 Calls*
SPY 06/24 $379-381 Calls*
BZ 07/15 $25-30 Calls
MO 07/15 $45-46 Calls

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


Sysorex, Inc. SYSX – Recap:

SYSX is a stock we last mentioned last Friday, the 17th which exhibited a rather nice move this week. Over the past couple of sessions, SYSX has posted a move of.0128-.0445, which works out to an upswing of 248%


Extended Watchlist: 
RMRK, ILIM, IPIX, TOBAF, ETEK, TBLT, BHAT, ZEN, MITQ, CANF

Options Review, New Ideas & More

Winnebago Calls Run Quickly: 

In yesterday’s report, we went with a selection of July calls in what we would consider ‘longer-term’ ideas. For quick-strike plays we would typically look for contracts that expired at the end of the week. Out of those, the Winnebago calls produced instant results. We’ll continue to monitor these, along with the other potential plays we mentioned yesterday, over the next few weeks before they expire. Today’s fresh ideas will also include several July calls.

The specific targets that took off immediately during yesterday’s session were the  WGO 07/15 $45-50 Calls
and the moves they made were as follows:

WGO 07/15 $45-50 Calls
$45: 
3.00-5.45 (+82%)
$50: .95-2.46 (+159%)


Fresh Options Ideas:
ACN Weekly $277.50-272.50 Puts
DRI 07/15 $120-125 Calls
KBH 07/15 $27-28 Calls
APOG 07/15 $40-45 Calls


Southern Home Medical, Inc. SHOM – Recap:

Another item from our watchlist that has recently made a solid run as well, is SHOM. We flagged this OTC stock on
Tuesday morning
, and it ran to new highs yesterday. Following our mention of this play, it traded up from a low of .0008 to .0025, which marks a two-day swing of 212%


Extended Watchlist: 
CMGR, VYGVF, TXTM, GEGI, DVLP, VRUS, GOFF, AHFD, RDHL, BOXD, BHAT, SMFL, 

Get Our FREE Daily Reports!