Options Movers, Fresh Plays & More

Wednesday’s Solid Options Plays:

We’re back to our typical routine this morning, having provided our readers with a variety of post-earnings options ideas in yesterday morning’s premarket report. We simply go where we feel the opportunities will be the greatest, and the volatility following a quarterly report is the most dependable in terms of producing the kind of price action that lends itself to big intraday gains.

Our selection yesterday included the EXPI 08/20 $40-45 Calls, and the ATVI Weekly $82-85 Calls. EXPI made the most impressive move on the chart which led to some really impressive moves on the day. ATVI recorded respectable performances as well even if they didn’t quite keep pace with our hottest runner.

Here were the total positive moves and potential gains that were on the table:

EXPI 08/20 $40-45 Calls
$40: 1.55-8.30 (+435%)
$45: 1.30-4.60 (+254%)

ATVI Weekly $82-85 Calls
$82:
 .53-1.31 (+147%)
$83: .38-.82 (+116%)
$84: .24-.56 (+133%)
$85: .29-.37 (+28%)


Fresh Options Ideas:
EA Weekly $143-146 Calls
CI Weekly $225 Puts
ROKU Weekly $395-390 Puts


Extended Watchlist:
ENSC, HUSN, METX, RSLS, SCR, MVIS, CYBL, CLWD, NNRX, DGWR, MSMY, CHNC, RMSL

SPCE Calls Blast into Orbit

OPTIONS RECAPS:

Virgin Galactic Holdings, Inc. SPCE – Our first order of business as we prepare to close out this trading week, is go over our options alert on Virgin Galactic in yesterday morning’s premarket report. We signaled the SPCE Weekly $18-19 Calls, and we received instantaneous multibag results.

Here are the total possible gains afforded by our coverage of SPCE prior to yesterday’s solid run.

SPCE Weekly $18-19 Calls
$18: 1.28-4.15 (+224%)
$18.50: .86-3.60 (+319%)
$19: .62-3.21 (+418%)

Today we will roll up to include the SPCE $22-22.50 Calls as it looks to be preparing to continue its momentum.

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Infosys Ltd. INFY – On Wednesday morning, we targeted a pair of INFY calls as well, and those ideas were also noteworthy. They both provided opportunities for multibag gains following our alert.

INFY Weekly $11-12 Calls
$11: .49-1.35 (+176%)
$12: .05-.40 (+700%)


MicroVision, Inc. MVIS 

In terms of stocks, we have unearthed some winners in that category as well recently. One such play is MVIS, which we tagged for observation a couple of months back on May 5th.

Shortly following that report, the stock was trading for as little as .55. After two months of continual uptrend, and a huge day yesterday, the stock was sent to a new high of 2.47. That works out to a total increase of 349% in a relatively short time period.


DATA443 Risk Mitigation Inc. ATDS 

As far as OTC winners are concerned, we’ve also found our fair share of those in recent months. One month ago today, on June 17th, we put ATDS on watch, and that play has also worked out very well.

From a low of .0095 we have seen it make a move to .027, for an overall rise of 184%


Extended Watchlist:
AIMH, XDSL, RBII, RGGI, VYST, KAVL

Big-Time Options Winners

Options Reviews

We got off to a very good start yesterday morning with our fresh options ideas. We’ll circle back to the longer term ideas later, but all of our weekly contracts produced nice gains as the markets saw a a healthy bull session following a brief early morning dip.

Here are the total possible profits on the day that were afforded by our targets. In the case of CGC and TLRY, premarket conditions today lead us to believe that we will see these gains extended even further: 

CGC Weekly $16-16.50 Calls
$16: 
.25-.72 (+188%)
$16.50: .18-.55 (+205%)
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TLRY Weekly $7-7.50 Calls
$7: .55-.99 (+80%)
$7.50: .36-.64 (+78%)
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TSN Weekly $57-55 Puts
$57: .94-3.25 (+246%)
$56.50: .88-2.70 (+207%)
$56: .77-2.55 (+231%)
$55: .55-1.95 (+255%)
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SPDR S&P500 (ETF) SPY – Recap 

On Friday morning, we had also updated our options targets for the SPY, signaling the 05/04 $282-283 Calls, and those put up some really nice numbers into yesterday’s expiration that we wanted to relay this morning.

05/04 $282-283 Calls
$282: .25-1.95 (+680%)
$283: .09-1.09 (+1111%)


Fresh Options Ideas:
CHGG 05/15 $45-55 Calls
GNMK 05/15 $10-15 Calls
PTON Weekly $34-35 Calls
SPY 05/06 $285-288 Calls


Extended Watchlist:
GOVX, GNPX, BTSC, GAHC, GMEV, DCLT, MVIS, TGTX, AKBA, KOPN, PCTY