More Options Success, Fresh Targets

Tuesday’s Options Reviews:

We’re cruising right along as we head through midweek of what has been a solid span of options trading. We offered our readers a group of four potential options plays for Tuesday’s session in our premarket report for the day. What resulted was three out of four plays producing big moves for us and giving ourselves and our readers an opportunity to score some excellent intraday profits.

The winning targets for Tuesday included the SPY 11/16 $401-403 Calls, the WMT Weekly $146-149 Calls, and the SE Weekly $52-54 Calls. Each one experienced big moves, with the highly respectable performances they recorded on the day being as follows:

SPY 11/16 $401-403 Calls
$401:
 .68-1.61 (+137%)
$402: .52-1.22 (+135%)
$403: .39-.90 (+131%)
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WMT Weekly $146-149 Calls
$146:
 1.44-4.76 (+231%)
$147: 1.00-4.00 (+300%)
$148: .71-3.25 (+358%)
$149: .62-2.57 (+315%)
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SE Weekly $52-54 Calls 
$52: 5.40-12.85 (+138%)
$53: 4.70-12.23 (+160%)
$54: 3.75-11.66 (+211%)


Fresh Options Ideas:
LOW Weekly $210-215 Calls
AAP Weekly $160-155 Puts
TGT Weekly $157.50-152.50 Puts


Extended Watchlist:
XCPL, OCEL, TPTW, SHWZ, WNFT, SFLM, ZVOI, FSRD, ZIM, SBFM, LIZI, AKAN

Big MRNA Moves, New Ideas & More

Drone Guarder, Inc. DRNG – Recap:

The first thing we want to do this morning as we prepare to close out another trading week, is to mention the performance in DRNG. We tagged this OTC play for the first time in yesterday morning’s premarket report. It responded immediately with a fairly large intraday run that nearly took it to Pennyland right out of the starting gate at the open.

The stock took off from a low of .0031 and surged as high as .0098, which marks intraday upswing of 216% on less volume than the previous session’s all-time record, but still well over than twice the monthly average. We’ll be interested in continuing monitor its movements with the exceptional activity that has occurred this week.


Moderna Inc. MRNA – Options Update: 

Nearly three weeks ago today, on June 21st,  we formulated a set of longer-term options ideas for MRNA, specifically targeting the MRNA 08/20 $195-210 Calls which have been on a persistent run since then, and have turned in some truly impressive moves.

The stock itself has continued to soar, hitting new highs past the $260 mark yesterday and preparing to gap-up further this morning. Here are the total possible gains in our August calls in just one session shy of three weeks’ time:

MRNA 08/20 $195-210 Calls
$195: 23.50-67.47 (+187%)
$200: 18.00-63.20 (+251%)
$210: 13.55-54.60 (+303%)

In addition to the new highs we expect as a result of the big gap-up we’re seeing in the premarket, we’re also going to add the MRNA Weekly $265-$280 Calls to our daily watchlist as well.
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More Fresh Options Ideas:
AA Weekly $34.50-35.50 Calls 


Extended Watchlist:
IO, XELA, AEHR, LIZI, GLG, INCC, MSTO, LTNC, FERN, SPQS, PDMI