Tag: MVIS

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

Hugely Successful Week for Options

Options Review
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After considerable options success earlier in the week, we doubled down on a couple of our mid-week ideas in TGT and CGC, adding higher strike ranges to keep an eye on. In both cases, our updated ideas from yesterday morning’s premarket report yielded significant intraday gain opportunities.  

We highlighted the TGT Weekly $126-128 Calls, which came up with the following intraday moves:

$126 Calls – Range: .80-2.06  – Max Gain: 157%
$127 Calls – Range: .52-1.31 – Max Gain: 152%
$128 Calls – Range: .27-.73  – Max Gain: 170%

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The updated highs on our targets from Wednesday on the CGC Weekly $15.50-16.50 Calls were considerably greater than the previous session:

$15.50 Calls – Range: .43-5.57 – Max Gain: 1195%
$16 Calls – Range: .36-5.50 – Max Gain: 1427%
$16.50 Calls – Range: .35-4.85  – Max Gain: 1286%

Our updated ideas, the CGC Weekly $18-18.50 Calls also put up impressive multi-bag performances on the day:

$18 Calls – Range: .87-3.40 – Max Gain: 291%
$18.50 Calls – Range: .63-3.15  – Max Gain: 400%

Fresh Options Ideas 
FL Weekly $42-43.50 Calls
SPLK Weekly $134-138 Calls 

Extended Watchlist:
ADXS, CTST, TOPS, CELH, WTRH, GLBS, MVIS

Blue Horseshoe Stocks: More Options Ideas

BioMarin Pharmaceutical, Inc. BMRN

BioMarin had a really solid performance yesterday after we signaled some contracts in our premarket report, the BMRN 03/16 $80 & 85 Calls. The stock ran from 81.01 to 84.19 facilitating some modest but solid intraday moves in our contracts.

The $80 Calls ran from 4.40-6.00 for a 32% rise, and the $85’s traded from 2.70-3.50, a gain of 26%

With a strong close at 83.28, and a lot of ground to cover to recoup the losses the stock has seen in the month of February, we’ll look for BMRN to establish a more sustained recovery pattern, and we may see some further increases in these contracts, which still have over a month until expiration.

Under Armour, Inc. UAA

We want to formulate an idea for Under Armour on the heels of the company’s earnings report this morning. The stock had already begun to trend off of its bottom a few sessions ago, and despite posting a Q4 loss, sales were better than expected and the stock is gapping up pretty significantly here in the premarket.

We’re going to want to keep tabs on the UAA Weekly $15.50-16.50 Calls, which could bring us sizable gain opportunities in the day or days to come.

Extended Watchlist:
APRI, CHGG, CBAY, MVIS, ADXS, MBRX, DCIX, THC