Yesterday we brought a couple of fresh options ideas to the table, and in both cases, traders could have fared quite well in terms of single-session gains.
Sage Therapeutics, Inc. SAGE – Weekly $40 and $45 Calls
$40 Calls– Range: 5.40-7.80 – Max Gain: 44%
$45 Calls – Range: 1.81-4.96 – Max Gain: 174%
Shire plc SHPG – Weekly $187.50-195 Calls
$190 Calls – Range: 3.90-5.90 – Max Gain: 51%
$192.50 Calls – Range: 1.40-3.79 – Max Gain: 171%
$195 Calls – Range: 1.30-2.01 – Max Gain: 55%
Cheers go out to any of our readers who were able to take advantage of these solid intraday moves!
Potential Bottom-Bounce Plays
This morning we’ve taken notice of a couple of stocks that are trading near recent relative lows, which have also begun to show some life this week.
The Female Health Co. FHCO – We like the look of the chart on this one, which is coming off a multiple bottom and just managed to crack through and hold support above its 50DMA. The next area of resistance appears to be the channel between its recent swing high at 1.45 and the 200DMA of 1.57.
Nate’s Food Co. Inc. NHMD – This stock has appeared on our watchlist in the past, and today, we’re circling back around to it purely from the look of the chart. Several indicators are pointing toward the chance of some sizable upswings in sessions to come, so we’ll want to monitor the situation closely.
We’re going to want to see it get back above and hold the 200DMA at .0089 as support going forward.
NM, KBLB, AVSR, SBGL, NETE, BGI