Recapping Friday’s Winners, Fresh Ideas

Reviewing Friday’s Plays 

Another day, another solid bunch of plays, as our ideas from Friday morning continued what was already a pretty incredible run for options ideas on the week. We set up pins and then we knock them down!

Our big winners from Friday came out of the ABBV Weekly $81-82.50 Calls, the AAPL Weekly $113-111 Puts and the SPY Weekly $327-328 Calls. Here’s a rundown of the total possible intraday gains that were on the table for us:

ABBV Weekly $81-82.50 Calls
$81: 2.41-4.04 (+68%)
$82: 1.51-4.06 (+169%)
$82.50: 1.49-3.50 (+135%)
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AAPL Weekly $113-111 Puts
$113: 1.22-5.55 (+355%)
$112: .96-4.25 (+343%)
$111: .75-3.25 (+333%)
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SPY Weekly $327-328 Calls
$327: .44-1.18 (+168%)
$328: .31-.76 (+145%)


Fresh Options Ideas: 
CLX Weekly $207.50-212.50 Calls
EL Weekly $210-230 Calls
NIO Weekly $32-34 Calls


Extended Watchlist:
ENZC, EVIO, TWOH, CNGT

4-Pack of Options Ideas

NIO, Inc. NIO 

We tagged NIO for obserrvation to start the week on Monday, and it did end up making a notable run following that report. We saw a low of 10.70, and yesterday it hit a high of 15.28. That marks a three-session swing of 43% which we would consider decent volatility for a $10+ stock.

NIO did taper back into the close, but we will continue to monitor its activity. If it can continue to register higher lows, we won’t yet consider its run finished.


Fresh Options Ideas: 

We were in an earnings dry spell for a few weeks there, but slowly we’re beginning to see more big names coming across the calendar. This morning for earnings ideas we’ve got our sights set on a bullish and one bearish target. 

On Helen of Troy Ltd. HELE, which posted a solid beat, we’re going to focus on the HELE 07/17 $210-220 Calls.

Walgreens Boots Alliance, Inc. WBA didn’t fare as well in the last quarter as was expected of it, and we’re feeling like a short in this case might be the way to go, so we’ll tag the WBA Weekly $42-40.50 Puts.
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Even More New Ideas:
BABA Weekly $260-270 Calls
NKLA Weekly $54-57 Calls


Extended Watchlist:
SEGN, VAPR, VYST, DECN, PKE

Recent Performers

S&P 500 ETF Trust (SPY) – Recap

Our main winner from Friday morning’s premarket report was our idea for the SPY. The markets saw an early rip out of the gate before pulling back, running once again, and eventually tapering off into the close.

As a result of the activity we observed, our designated contract sets experienced two separate and significant surges on the day. Here are the total possible gains afforded by the moves that occurred:

SPY 07/02 $313-314 Calls
$313: 1.88-4.22 (+47%) | .67-1.55 (+47%)
$314: 1.28-2.10 (+49%) | .36-.77 (+47%)


Other Recent Winners:

Plug Power Inc. PLUG – We also want to begin this fresh trading week by re-highlighting PLUG, which we most recently talked about on June 24th. Subsequent to that report, the stock traded for as little as 6.91 a share, and on Friday the stock attained a new high of 9.65. This morning in the premarket we’ve seen shares change hands for 10.09.

That puts our total observed increase on PLUG in under two weeks at a respectable 46% and warrants further attention going forward.
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Overstock.com Inc. OSTK – Another recent performer we’ve been hot on the trail of is OSTK, which we mentioned quite a bit back in May. Since then, OSTK has done little else other than climb its way to new highs week after week.

When we first alerted on OSTK it was trading at 15.45, and to close out the short week on Thursday, the stock had hit 39.38. That works out to a 2-month upswing of 155%


Extended Watchlist:
UBER, BA, UONEK, DUK, LMFA BLDP, FCEL, NIO, BLNK