Thursday’s Runners, Potential Friday Plays

Thursday’s Top Plays:

We fared rather well with the options targets we selected in yesterday morning’s premarket report, having formulated four possible plays, and being answered with significant intraday moves in three of the four. We call those pretty good odds, and will do our best to continue this run through the end of this short trading week and beyond.

As for yesterday’s winning areas of interest, we’re talking about the SPY 09/09 $397.50-396 Puts, the GME Weekly $27-26 Puts, and the BILI Weekly $20.50-21.50 Calls. The SPY targets had the most potential for intraday trades by far, but all of the opportunities we observed were noteworthy.

SPY 09/09 $397.50-396 Puts
$397.50: 1.17-3.85 (+229%)
$397: 1.02-3.56 (+249%)
$396: .84-3.00 (+257%)
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GME Weekly $27-26 Puts
$27: 
1.20-2.15 (+79%)
$26.50: .84-1.72 (+105%)
$26: .66-1.40 (+112%)
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BILI Weekly $20.50-21.50 Calls
$20.50: 
.40-.87 (+118%)
$21: .30-.63 (+110%)
$21.50: .15-.39 (+160%)


Fresh Options Ideas:
DOCU Weekly $64-66 Calls*
KR Weekly $49.50-51 Calls*
ZS Weekly $172.50-177.50 Calls*

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


Extended Watchlist:
PPCB, GEGI, EVFM, GGII, IFBD, MOGU, JZXN, INM, SWVL

Kicking Off Another 4-Day Trading Week

Options Review: 

We’re back in the saddle after the long weekend, and our first order of business is to go over some stocks and options plays that performed well to close out last week’s activities.

The two main runners that put on the best gains were the GO Weekly $40 Calls, from Friday’s report, and the KR Weekly $51-49.50 Puts. from Thursday, which tacked on some serious new highs. Here are the impressive figures on those two sets of targets:

GO Weekly $40 Calls
$40:
 .15-.56 (+273%)
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KR Weekly $51-49.50 Puts
$51: 1.75-5.13 (+193%)
$50: 1.00-4.25 (+325%)
$49.50: .97-3.52 (+263%)


Fresh Options Ideas:
SPY 06/21 $369-371 Calls
LEN Weekly $64-66 Calls


ProText Mobility, Inc. TXTM – Update:

We have been monitoring TXTM closely and mentioning it quite a bit lately as the stock has continued to build on its success ever since our first alert May 24th.  Subsequent to that point, we witnessed a low of .0016, and it hasn’t looked back since, continually setting new highs for us.

Once again on Friday TXTM pushed the envelope to another level as it registered a new high of .0198, which represents a huge overall increase of 1138% since we’ve been tracking the stock.
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Solar Integrated Roofing Corp. SIRC – Update:

We’ve also observed a modest yet notable run in SIRC since flagging it for observation last week on the morning of the 14th. The stock has traded up from a .135 low and hit .20, for a spike of 48%


Extended Watchlist: 
RSVR, GHMP, ICNM, UNQL, GEGP, INQD, FDBL, SHOM, PMETF, TLLTF, BKSY, HCTI, GPL, CNVY

Closing Out the Week Strong, Fresh Ideas

Options Reviews:

It’s a challenging time to be navigating the daily ins and outs of the current economic environment, especially with a dearth of big name earnings on the docket, but we have still been managing quite well, all things considered. Two of our three options targets went for some nice gains yesterday, and in addition to those, we have updated on a couple of longer term plays that have come into some really solid moves. 

Yesterday’s winning targets from our premarket report were the ADBE Weekly $372.50-370 Puts, and the KR Weekly $51-49.50 Puts, so we’ll have the intraday figures on those for you below. Both of the other plays from past reports expire today as well, and the moves below represent the overall increases we’ve observed since formulating the ideas. It was our report on Friday the 3rd when we signaled the ASAN 06/17 $22.50 Puts, and Tuesday the 7th when we put the GTLB 06/17 $40-45 Calls on our radar.

ADBE Weekly $372.50-370 Puts
$372.50:
 13.15-19.00 (+44%)
$370: 11.89-18.20 (+53%)
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KR Weekly $51-49.50 Puts

$51: 1.75-2.73 (+56%)
$50: 1.00-2.01 (+101%)
$49.50: .97-1.62 (+67%)
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GTLB 06/17 $40-45 Calls
$40: 2.50-7.87 (+215%)
$45: .81-4.50 (+456%)
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ASAN 06/17 $22.50 Puts
$22.50: 1.82-6.20 (+241%)


Fresh Options Ideas:

ADBE Weekly $352.50-347.50 Puts*
MP Weekly $30 Calls*
GO Weekly $40 Calls*
BABA Weekly $105-108 Calls*

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


Extended Watchlist: 
REV, ATHX, MREO, KZIA, ELMS, BLBX, IMPP, SYSX, HIRU, VGID, RTON,