JD.com, Inc. JD – Options Recap
In yesterday morning’s premarket report, one of the idea we included for some quick-stike options trading possibilities were the JD Weekly 27.50-29.50 Calls. They were our clear-cut winners of the day after the company beat on Q2 sales and earnings, aided by a reasonably bullish day for the markets at large.
Each and every contract in our highlighted range produced absolutely huge multi-bag intraday gain opportunities on the day for anyone with some skin in the game. Those moves were as follows:
$27.50 Calls – Range: 1.05-3.49 – Max Gain: 235%
$28 Calls – Range: .76-3.00 – Max Gain: 295%
$28.50 Calls – Range: .52-2.50 – Max Gain: 381%
$29 Calls – Range: .32-2.05 – Max Gain: 541%
$29.50 Calls – Range: .21-1.60 – Max Gain: 662%
Fresh Options Ideas:
HUYA Inc. HUYA Weekly $21-22 Calls
Agilent technologies, Inc. A 9/20 $65-70 Calls
Taronis Technologies, Inc. TRNX
We’re back to update on TRNX for the second straight session today. The stock turned in one heck of an intraday performance for us yesterday, trading in a range from .55 to a new high of .96. That’s an intraday rise of 75% and TRNX highest PPS since April.
From the .1832 low we observed following our initial alert last month, yesterday’s new high mark represents an overall increase of 424%
LODE, WTRH, MYT, USLV, INMD, ADOM, NXE, NXTD
We offered up a couple of fresh options ideas in yesterday morning’s report, GIS Weekly $37.50 Calls, and the MU Weekly $31-32 Calls. Despite the markets taking yet another hit in the wake of the Fed’s interest rate hike, both of those ideas managed to produce some positive intraday movement prior to the announcement.
The GIS $37.50’s traded up from 1.31 to 1.80, for a modest 37% rise, but the MU calls did considerably better, logging multi-bag gain opportunities:
MU Weekly $31-32 Calls
$31 Puts – Range: 1.03-2.47 – Max Gain: 140%
$31.50 Puts – Range: .70-2.21 – Max Gain: 216%
$32 Puts – Range: .46-1.83 – Max Gain: 298%
Axovant Sciences Ltd. AXON – Form-4 Alert
We routinely keep an eye out for brow-raising insider trading activity, and have run across AXON today. A trio of stakeholders filed Form-4’s on Tuesday alluding to the purchase of a total of $30M in AXON stock in three $10M transactions, at the current relative lows near a dollar. That amounts to over a quarter of the company’s total market value.
To us, this would seem a fairly big indicator that these institutional investors are very confident that the stock will not fall below these levels. We’ll go ahead and place AXON on an extended term bottom-watch into the New Year.
OHGI, OPTT, YRIV, GMO, PTX, GERN, SBS, NXTD, MARK, HEAR
The Hershey Co. HSY
We’re looking at one of the biggest players in the Halloween candy game in Hershey as we kick off a fresh trading week. The company reported its Q3 earnings on Thursday, and despite a frosty reception from Wall Street, we are liking the look of this play.
The company asserts that it is on a good path, having had what the CEO calls a game changing year. While the stock did see its biggest daily loss since 2016 on Thursday following the report, it did not turn into a multi-day slide. Coupled with what looks to be another rebound day for the markets at large, and we’re interested in signaling a few HSY Calls.
We’ll place the HSY Weekly $102-104 Calls on watch this morning.
Nutanix, Inc. NTNX 01/18 $42.50 & $45 Calls
SPDR S&P 500 ETF (SPY)
On Tuesday, we noted that with such a sharp and rapid downturn in the markets, that a rebound was certain to be in the cards for the SPY. It led us to signal interest in the SPY 10/31 $275-277 Calls, which will certainly be in play today as the SPY is gapping up big this morning in the premarket.
We’ll be back tomorrow morning with a recap of what is likely to be a cleanup session for these plays today.
DPW, ESES, XSPA, AKER, SBS, TLRY, AMRN, NXTD, STNE