Thursday’s Movers, Fresh Play Friday

Thursday’s Big Runners:

We kept things moving yesterday with regard to our never-ending daily quest for hot options trades. Our premarket report contained five sets of ideas based off of a big day for earnings, and of those, four returned some very nice chances for intraday profit. We’ve got some nice names on the board today, so we feel confident that we can carry this success into the weekend.

Yesterday’s big opportunities came in the form of the TTWO Weekly $139-141 Calls, the WMT Weekly $150-152.50 Calls, the BABA Weekly $90-92 Calls, and the BBWI Weekly $36-37.50 Calls. The moves they recorded were fairly impressive. Here’s how the session shook out:

TTWO Weekly $139-141 Calls
$139:
 .75-3.15 (+320%)
$140: .60-2.32 (+287%)
$141: .57-1.66 (+191%)
_____

WMT Weekly $150-152.50 Calls
$150:
 .96-1.98 (+106%)
$152.50: .21-.51 (+143%)
_____

BABA Weekly $90-92 Calls
$90:
 .25-.58 (+132%)
$91: .18-.37 (+106%)
$92: .14-.27 (+93%)
_____

BBWI Weekly $36-37.50 Calls
$36:
 .90-1.80 (+100%)
$37: .45-1.10 (+144%)
$37.50: .35-.80 (+129%)


Fresh Options Ideas:
FL Weekly $32.50-31 Puts
DE Weekly $380-385 Calls
CTLT Weekly $30-35 Calls

SPY 05/19 $419-420 Calls 

*Trading contracts on their day of expiration should only be attempted by experienced options traders! 


Extended Watchlist:
BGLC, AUDA, RGLG, GSAC, LSDI, SDA, NBY, BHG, LXEH, FTCH

Another Perfect Options Run, 5 New Plays

Huge Options Wins:

We’re bringing this prolific trading week to a close this morning on an extremely high note, by first going over the incredible performance we put up yesterday. We included an array of five potential options plays, and met with success on all fronts! We included a mixed bag of both calls and puts, and everything we selected turned in excellent cards for the session.

Our daily interests were the LVS Weekly $61-62.50 Calls, the TSLA Weekly $172.50-167.50 Puts, the TSM Weekly $87-88 Calls, the AXP Weekly $165-162.50 Puts, and the IBM Weekly $126-128 Calls. The moves they made, seen below, ranged from “lowly” double baggers, on up to some serious five and six hundred percenters!

LVS Weekly $61-62.50 Calls
$61:
 .61-2.48 (+307%)
$62: .24-1.60 (+567%)
$62.50: .16-1.16 (+625%)
_____

TSLA Weekly $172.50-167.50 Puts
$172.50: 4.79-12.00 (+151%)
$170: 3.29-9.62 (+192%)
$167.50: 2.12-7.40 (+249%)
_____

TSM Weekly $87-88 Calls
$87: 1.73-4.72 (+173%)
$88: 1.20-3.90 (+225%)
_____

AXP Weekly $165-162.50 Puts
$165: 3.00-6.50 (+117%)
$162.50: 1.54-4.10 (+166%)
_____

IBM Weekly $126-128 Calls
$126: .90-3.10 (+244%)
$127: .49-2.24 (+357%)
$128: .23-1.45 (+530%)


Fresh Options Ideas:
CSX Weekly $31.50-32 Calls*
PG Weekly $152.50-155 Calls*
SAP Weekly $130 Calls*
ALV Weekly $90 Puts*
HCA Weekly $280-285 Calls*

*Trading contracts on their day of expiration should only be attempted by experienced options traders! 


Extended Watchlist:
WLGS, MGRX, MGIH, NBY, AZYO, GTCH, STGZ, BGADF

SMPL Update, Form-4 Alert


The Simply Good Foods Co. SMPL – 
Options Review 
.
On Thursday morning, SMPL was among the fresh options trading targets that we had mentioned in our premarket report.  We were looking specifically at the SMPL 08/21 $20-22.50 Calls.

Despite it being one of our relatively rare longer-term swing-trade ideas, with tons of time remaining until expiration, we did see some early gains right off the bat from those plays as the week drew to a close.

08/21 $20-22.50 Calls
$20: 1.50-2.20 (+47%)
$22.50: .70-1.30 (+86%)

We’ll certainly continue to have these targets on watch in the weeks and months ahead, it was good to see some instantaneous opportunity arise.
_____

Fresh Ideas: 
SPY Weekly $284-286 Calls 


AxoGen Inc. AXGN – Form-4 Alert

We would also like to make mention of AXGN this morning. which we caught sight of during a routine Form-4 scan. We’ve got the CEO picking up shares and adding to his already considerable position just as the stock was preparing to register new annual lows.

We generally like to put stocks in this situation on watch, and will be anxiously awaiting the company’s quarterly results due in roughly two weeks.


Extended Watchlist:
DMAN, KNOS, PCTL, OWCP, HUTMF, NBY, AVCT, EROS, CYCC, TRNX,