LMT Options Review & More

Lockheed Martin Corp. LMT – Recap

Our big winner from yesterday morning’s premarket report turned out to be Lockheed Martin. We’ve had some experience trading options in the LMT chain in the past, and this time around was another really good opportunity for ourselves and our readers to take advantage of some excellent intraday moves.

Our targets of choice were the LMT  Weekly $435-440 Calls and all three contract sets in that range experienced some serious single session multibag gains!

LMT  Weekly $435-440 Calls
$435:1.40-6.30 (+350%)
$437.50: 1.17-5.10  (+336%)
$440
: .55-3.70  (+573%)


Fresh Ideas:

With a huge group of the biggest companies reporting earnings today, here are some options ideas for the ones that we are most attracted to based on premarket activity and a number of other factors.

AAPL Weekly $320-325 Calls
MA Weekly $322.50-325 Calls
BABA Weekly $210-212.50
SPY Weekly $327.50-328.50 Calls
BA Weekly $322-327.50 Calls


Reviewing Yesterday’s Ideas, Highlighting New Ones

Reviewing Yesterday’s Plays

We had a number of bearish options ideas that we listed in yesterday morning’s premarket report, and thanks to a lackluster performance for the markets at large, as well as ongoing concerns about the rapidly spreading coronavirus, we got some early returns off of those targets.

The gains are modest so far, but we’ll continue to track the lot of them as the week progresses.  

DAL Weekly $57-56 Puts
$57
: 1.20-1.90 (+58%)
$56.50: .96-1.56 (+62%)
$56
: .78-1.18  (+51%)
_____

UAL Weekly $80-79 Puts
$80
: 2.77-3.75 (+35%)
$79: 2.00-3.00 (+50%)
_____

SPY Weekly $325-322 Puts*
$325
: 1.85-2.92 (+58%)
$322: .97-1.65 (+70%)

*There were a couple other SPY contracts within this range, that produced similar gains to those listed above.


Fresh Options Ideas

LMT  Weekly $435-440 Calls
BIIB Weekly $282.50-285 Calls
PBF 06/19 $28-30 Calls 

Blue Horseshoe Stocks: Big Options Success

OPTIONS RECAP:

We had a trio of fresh options ideas which we offered to our readers in yesterday’s premarket report, and with a big day for the markets as a whole, every single idea within our designated ranges produced big gain opportunities on the day.

Twitter, Inc. TWTR Weekly $35.50-37 Calls
$35.50 Calls – Range: 1.72-5.82  – Max Gain: 238%
$36 Calls – Range: 1.52-4.74 – Max Gain: 212%
$36.50 Calls – Range: 1.05-4.05  – Max Gain: 286%
$37 Calls – Range: .90-3.60  – Max Gain: 300%

Hasbro, Inc. HAS Weekly $97-101 Calls
$97 Calls – Range: 4.20-5.75  – Max Gain: 37%
$98 Calls – Range: 3.00-4.80 – Max Gain: 60%
$99 Calls – Range: 2.56-3.50  – Max Gain: 37%
$100 Calls – Range: 1.85-3.60  – Max Gain: 95%
$101 Calls – Range: 1.56-3.10  – Max Gain: 99%

Lockheed Martin Corp. LMT Weekly $327.50-$337.50 Calls
$327.50 Calls – Range: 2.65-10.33  – Max Gain: 290%
$330 Calls – Range: 1.25-8.30 – Max Gain: 564%
$332.50 Calls – Range: 1.10-6.30  – Max Gain: 473%
$335 Calls – Range: .45-4.60  – Max Gain: 922%
$337 Calls – Range: .90-3.30  – Max Gain: 267%
_____

FRESH IDEAS:
Dominos Pizza, Inc. DPZ 05/17 $290-300 Calls
SAP SE (SAP) 05/17 $125-130 Calls

Ebay, Inc. EBAY Weekly $37.50-38.50 Calls


Yuma Energy Inc. YUMA

We also want to circle back for YUMA, which we tagged for observation a week ago today on the 17th. The stock has produced a very solid run in the four sessions since that time.

We have watched as YUMA has run from a low of .151, up to yesterday’s high of .385, which marks a move of 155% on significantly higher volume than the stock is accustomed to seeing.


Extended Watchlist:
CVM, MTP, MANH, CSL, VSTM, TEL, BLIN,