Tag: MULN

Cautious Yet Bold Options Strategy Keeps Bearing Fruit

Yesterday’s Options Success: 

It seems like the winds of fortune have been gusting in our favor for quite some time now, with the options targets we outlined in yesterday’s morning report all producing gain opportunities on some level. That makes for the fourth straight session in which every single one of our interests has given traders a shot as compounding their funds.

Our daily focus was trained on the AVAV 07/15 $75-70 Puts, the GIS 07/15 $70-72.50 Calls, and the MKC 07/15 $90-80 Puts, which all put forth some measure of intraday run in what amounted to a bit of a choppy day for the markets as a whole. Things in that regard have become rather harder to predict, but we’ve been trying very hard to select potential plays with a good risk/reward balance. Here’s where our efforts led yesterday:

AVAV 07/15 $75-70 Puts
$75: 2.49-4.49 (+80%)
$70: 1.29-2.20 (+71%)
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GIS 07/15 $70-72.50 Calls
$70: 2.50-5.10 (+104%)
$72.50: 1.05-3.07 (+192%)
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MKC 07/15 $90-80 Puts 
$90: 6.00-7.20 (+20%)
$85: 2.01-3.37 (+68%)
$80: .60-1.20 (+100%)

Fresh Options Ideas:
YETI 08/05 $46-47 Calls
WBA Weekly $38.50-39.50 Calls
DCT 07/15 $17.50-15 Puts
SGH 07/15 $17.50 Calls 

Extended Watchlist: 
TXTM, SEII, EMGE, HIRU, WNFT, PPCB, REVB, NRSN, ASPN, MARK, DNAY, CSCW, MULN

Friday’s Big Winners, Fresh Ideas & More

Solid Options Runners: 

To close things out for the short week on Friday, we had a pair of quick-strike options ideas in the LULU and OKTA chains, as well as a longer term target for ASAN in our premarket report. Despite a rather subdued session for the markets in general wherein we saw a gap-down in the morning, and not much progress toward a recovery throughout the day, we were still able to manage some very nice gain chances.

Our specific areas of interest for the day were the LULU Weekly $300-307.50 Calls, the OKTA Weekly $106-108 Calls, and the ASAN 06/17 $22.50 Puts. Both sets of calls produced multi-bag profit possibilities on the day, with ASAN not lagging far behind. We’ve also got a week and change before they expire, so we’ll continue to monitor those as well. As for Friday’s moves, here’s what these ideas put forth for the session:

LULU Weekly $300-307.50 Calls
$300: 2.55-7.35 (+188%)
$302.50: 2.00-5.60 (+180%)
$305: 1.41-4.50 (+219%)
$307.50: .94-3.40 (+262%)
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OKTA Weekly $106-108 Calls
$106: 1.16-2.87 (+147%)
$107: .84-2.05 (+144%)
$108: .48-1.39 (+190%)
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ASAN 06/17 $22.50 Puts
$22.50: 1.82-2.90 (+59%)

Fresh Options Ideas: 

We are heading into an extended dry spell with regard to the number of big name companies dropping their earnings reports, which is going to persist for the next several weeks. We’re used to traversing these periodic ‘earnings deserts’, and as always, we’ll still be working hard every day to find the best opportunities possible, which for us, generally includes a heavy reliance on the SPY- our favorite market analog.

SPY 06/06 $413-415 Calls 
FUTU Weekly $38.50-40 Calls
QDEL 07/15 $85-95 Calls

Extended Watchlist:
ZNOG, AERG, BDCO, QEDN, SHMP, IGEX, ABQQ, PRCX, DIDI, YMTX, MULN, CRIS, QNRX, ARRY, BZ, YMM

Friday’s Thousand-Plus Percentage Gainers & More

Absolutely Massive Options Gainers:

We left off before the holiday weekend on Friday morning with a slew of options ideas for our readers, and we really hope some of you were able to take advantage of the stellar opportunities that they provided. All of our highlighted plays bore fruit, and the gains they produced were eye-popping. We unearthed multiple thousand-plus percentage gainers over multiple target sets, including a FIVE thousand percenter!

We’re going to present four of those sets this morning- the ones that expired on Friday. We’ll leave the DELL 06/17 $50-52.50 Calls (which also produced immediate gains) for a later report, since we’ve got nearly three weeks until their expiration.

The four quick-strike plays were the PDD Weekly $44.50-46 Calls, the ZS Weekly $148-152.50 Calls, the MRVL Weekly $58-60 Calls, and the SPY 05/27 $406-408 Calls. The mind-numbing gain opportunities they provided us with were as follows:

PDD Weekly $44.50-46 Calls
$44.50: .23-3.40 (+1378%)
$45: .09-3.34 (+3611%)
$45.50: .08-2.84 (+3450%)
$46: .04-2.30 (+5650%)
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ZS Weekly $148-152.50 Calls
$148: 6.30-14.00 (+122%)
$149: 6.88-11.80 (+72%)
$150: 4.50-12.28 (+173%)
$152.50: 3.20-10.05 (+214%)
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MRVL Weekly $58-60 Calls
$58: 1.08-3.37 (+212%)
$59: .49-2.34 (+378%)
$60: .10-1.35 (+1250%)
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SPY 05/27 $406-408 Calls
$406: 2.62-9.79 (+274%)
$407: 2.22-8.92 (+301%)
$408: 1.69-7.75 (+359%)

Fresh Options Ideas:
PDD Weekly $49.50-51 Calls
BEKE 06/17 $12.50 Calls
AMC Weekly $14.50-15.50 Calls
HTHT 06/17 $30 Calls

Extended Watchlist:
HUSA, TMBR, JAN, TXMD, INDO, AUY, ENDP, MULN, IMPP, FUNFF, SYSX, IGEX, PMETF, FERN