Options Review & More

Options Review

Despite an unproductive session for the markets as a whole yesterday, two of our three fresh options ideas for the session bucked the trend and panned out quite well on the day. We had some ideas for both the RNG and ROKU chains that produced respectable intraday moves for us.

Here were the total possible profits that were there for the taking, some of which did reach multi-bag status for the session:  

RNG Weekly $220-225 Calls
$220
: 6.10-12.93 (+112%)
$225.50
: 6.35-10.69 (+68%)
$225
: 3.53-9.30 (+163%)
_____

ROKU Weekly $134-136 Calls
$134: 10.45-15.45 (+48%)
$135
: 9.55-14.95 (+57%)
$136
: 9.25-14.17 (+53%)

Based on premarket activity we’re seeing this morning, we would expect both RNG and ROKU to tack even more gains onto these ideas for us today.



More New Ideas:
TEVA  Weekly $12-12.50 Calls
AKAM Weekly $98-101 Calls
SHOP Weekly $535-550 Calls
CVS Weekly $74.50-76 Calls


Extended Watchlist:
FNHI, TPTW, BLPFF, ABML, BTCS, MGTI, WDLF

Blue Horseshoe Stocks: Blockchain Watchlist & More

LongFin Corp. LFIN
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Traditionally, we steer clear of brand new IPO’s for at least the first few weeks of trading, but we made an exception for LFIN on Friday and we’re glad that we did. We noticed that the company had announced its acquisition of Ziddu.com, a Blockchain-powered Micro-lender. As anything crypto related seems to be a hot ticket item at the moment, the news facilitated a fantastic move to the upside.

From an early low of 7.86 the stock ran as high as 26.80 for a 241% intraday rip. This morning the bonanza continued with a premarket high of 44.73, marking an incredible 469% rise off of Friday’s low!


Integrated Ventures, Inc. INTV

Speaking of crypto plays, we slated INTV for observation on November 28th, and have seen a really nice move out of it since that time. From a low of .3804, the stock has run all the way up to 1.68. That works out to a 342% in just over two weeks’ time.

Earlier this month the company opened its second bitcoin mining location including its 100th mining rig, and stated that its expectations were that related revenue would double inside of a month.  We’re going to continue to reap the rewards of the crypto-hysteria that is currently sweeping the market for as long as the trend persists.


Under Armour Inc. UAA

Our fresh options ideas for Friday morning on UAA, which we commented on having an excellent chart setup in the works. We focused in on the UAA Weekly $13.50-14.50 Calls for the short term, and were pleased at the movement we witnessed, with double and triple-baggers across the board:

$13.50 Calls – Range: .45-1.80 – Max Gain: 300%
$14 Calls – Range: .28-1.27 – Max Gain: 353%
$14.50 Calls – Range: .24-.80 – Max Gain: 233%

We also signaled some longer term contracts in the 01/12 $14.50-15.50 Calls, which we’ll continue to keep an eye on through their expiration.


In lieu of our regular ‘Extended Watchlist’, we’ve got an extremely wide array of blockchain/bitcoin related plays to add to our radars:
RIOT, SANP, NXCN, SRNW, MCTC, CSSI, ADAC, GHHC, PTOP, MCPI, QSPW, SAGD, TRON, XTPT, NXCN, NVTQPF, KCPC, MGTI, GAHC