A New Earnings Season Commences

Moderna Inc. MRNA – Options Runners: 

We closed out the week on Friday morning by highlighting the nice moves made by the August contracts we’ve been tracking since June 21st,  the MRNA 08/20 $195-210 Calls. Additionally, we included some fresh weekly targets in the MRNA Weekly $265-$280 Calls.

Despite a rather poor day for the markets in general, Moderna continued to add impressively to its recent bullish surge. The stock has been in a general upward trend for the entire year, but that really kicked into overdrive over the past week.

Here are the new highs and total increases posted by our August calls, as well as the intraday ranges and total possible gains on the weeklies. Very impressive figures across the board: 

MRNA 08/20 $195-210 Calls
$195: 23.50-93.23 (+297%)
$200: 18.00-88.85 (+394%)
$210: 13.55-78.66 (+480%)
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MRNA Weekly $265-$280 Calls

$195: 9.30-24.00 (+158%)
$200: 6.05-19.05 (+214%)
$210: 3.50-13.97 (+299%)
$195: 1.27-9.95 (+683%)


Fresh Options Ideas: 

Just a reminder, another earnings season is going to heat up quickly with hundreds of companies slated to report this week, hundreds more next week, and so on. The remainder of July and much of August should yield a wealth of opportunities in that department.

This morning we’re going to be looking at a potential post-earnings play in Auto Nation and a chart play idea for Airbnb:

AN 08/20 $100-105 Calls
ABNB 09/17 $135-145 Calls 


Extended Watchlist:
CYTK, NRXP, OXBR, AEHR, HIRU, LTNC, WOGI, SBES, NSAV, TXTM, KATX, CHNC

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

Extended-Term Options Plays Paying Off

Reviewing Winning Ideas: 

We typically focus more on options expiring at the end of a given week, there are certainly occasions when we target those with expiration dates weeks, or sometimes even months into the future. Which way it falls is often determined by the setup and conditions in which we find a play.

Today, we’re going to go over the recent moves made by a few of the longer-term options ideas to grace our watchlist recently. We signaled the DRI 07/16 $140-145 Calls in our report last Thursday morning, June 24th, and just a few sessions prior on the morning of the 21st we alerted the TBIO 08/20 $17.50-20 Calls and the MRNA 08/20 $195-210 Calls.

Take a look at the fantastic multi-bag upswings that we’ve witnessed in the short time we’ve been tracking these options:

DRI 07/16 $140-145 Calls
$140: 2.71-8.65 (+219%)
145: 1.10-4.60 (+318%)
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TBIO 08/20 $17.50-20 Calls
$17.50: 2.88-10.15 (+252%)
$20: 1.65-8.40 (+409%)
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MRNA 08/20 $195-210 Calls
$195: 23.29-48.35 (+108%)
$200: 18.07-51.00 (+182%)
$210: 13.58-41.00 (+202%)


Fresh Options Ideas:
SPY Weekly $430-432 Calls
SPCE Weekly $51-53 Calls


Marin Software, Inc. MRIN – Recap:

Like a couple of the above-mentioned plays, we signaled MRIN in our report on the morning of June 24th on the basis of the stock alone. We didn’t even need options to leverage with this play as it has continued to soar to new highs.

Yesterday MRIN hit 21.68, which from our observed low of 2.56 registers as an increase 747% of in just a week’s time for this NASDAQ-listed stock!


Extended Watchlist:
STAF, WAVE, TATT, ELRA, EEGI, PSWW, EXDI, GGII, APTY, DPLS, SDEC

Excellent Options Plays & More

Moderna Inc. MRNA – Update: 

On Monday morning, we began tracking some August calls in the MRNA chain, the MRNA 08/20 $195-210 Calls. In yesterday’s report, we updated readers on the modest moves they made, and also issued an added idea in the MRNA Weekly $210-212.50 Calls, just to make things even more interesting.

Both sets of ideas have flourished as MRNA has posted two excellent daily performances in a row, rising from around $200 to more than $220. That has facilitated some highly respectable moves in every last one of our designated targets.

Here are the two-day ranges on the August calls and the intraday run recorded by the weeklies yesterday:

MRNA 08/20 $195-210 Calls
$195: 23.50-36.05 (+53%)
$200: 18.00-33.47 (+86%)
$210: 13.55-27.50 (+103%)
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MRNA Weekly $210-212.50 Calls.
$210: 5.20-13.50 (+160%)
$212.50: 4.32-11.00 (+155%)


Korn Ferry KFY – Recap:

Also new in yesterday’s premarket offerings were our targets in the KFY options chain. We signaled interest in tracking the KFY Weekly $65-70 Calls, and are pleased to report that those contracts made monster moves on the day.

KFY Weekly $65-70 Calls
$65: 2.00-6.10 (+205%)
$70: .55-3.00 (+445%)


Fresh Options Ideas:
PDCO 07/16 $34-31 Puts
WGO 07/16 $65-70 Calls


Extended Watchlist:
ACST, CLOV, ENTX, RETO, SEAC, KYNC, RSHN, SSOF, GTII, ZONX, XLFS, LGBI, NXGT, EVLI, DRNK, IJJP, ADGO

Multiple Updates, Fresh Ideas

PHI Group, Inc. PHIL – Recap:

We’re back this morning with another update on PHI, a stock we’ve been tracking for a couple weeks now. We initially tagged this play in our June 8th report, and have been following along ever since. Subsequent to that alert, the stock registered a low of .0055 before taking off to new highs.

We reported an update on PHIL’s activity a week ago today, however this new trading week has brought still more new highs for this stock, with the PPS hitting .0185 yesterday. That works out to an overall move of 236%  Even if you only caught last week’s update on PHIL, you still could have caught a solid move from .0082 to yesterday high of .0185 which represents a move of 126%


Smith & Wesson Brands, Inc. SWBI – Recap:

We rode some SWBI options for really nice gains between last week and this week as we mentioned in yesterday’s report, but with another huge surge in the stock to open up the week, the percentage gains in SWBI stock itself have become notable.

When we issued our idea on Friday, SWBI traded for as little as 20.75, and as of its newly registered high yesterday of 28.18, that marks a two-day swing of 36%, which is nothing to sneeze at for a $20+ stock.


Moderna Inc. MRNA – Review:

Just to provide a quick update on our MRNA options idea that we issued yesterday- despite choosing a longer-term set of contracts, we did see instant gratification as MRNA spiked on the day and provided for a very good start for our tracked contracts, the MRNA 08/20 $195-210 Calls.

MRNA 08/20 $195-210 Calls
$195: 23.50-27.85 (+19%)
$200: 18.00-25.10 (+39%)
$210: 13.55-19.95 (+47%)

We’ll add some weekly targets into the mix as well with the MRNA Weekly $210-212.50 Calls.
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Fresh Options Idea:
KFY Weekly $65-70 Calls 


Extended Watchlist:
KRFG, DRNK, APTY, BLUU, GMER, SSOF, TMXN, FOMC, VTVT, ALF, BPTH, BIOC, ADIL

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