Midweek Options Updates

Midweek Options Review

As we head into the Thanksgiving break with exactly one and a half trading sessions remaining for the whole week, we wanted to first update our readers on the excellent fresh options ideas we put forth in yesterday morning’s premarket report.

We went bearish on Dollar Tree and bullish on Nutanix, and big intraday gain opportunities presented themselves across the board, in every set of contracts in our designated tracking ranges.

Cheers to any of our readers who were able to take advantage of the alert and snag some of these solid gains on the day:

Dollar Tree, Inc. DLTR Weekly $99-96 Puts
$99 Puts – Range: 2.64-5.30 – Max Gain: 101%
$98.50 Puts – Range: 3.37-5.70 – Max Gain: 69%
$98 Puts – Range: 2.38-5.05 – Max Gain: 112%
$97 Puts – Range: 1.40-3.81 – Max Gain: 172%
$96 Puts – Range: .70-3.01 – Max Gain: 330%
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Nutanix, Inc. NTNX $33.50-35 Calls
$33.50 Calls – Range: .40-.98 – Max Gain: 145%
$34 Calls – Range: .20-.65 – Max Gain: 225%
$34.50 Calls – Range: .15-.40  – Max Gain: 167%
$35 Calls – Range: .10-.30 – Max Gain: 200%


Fresh Ideas:
SPY Weekly $314-315 Calls
BOX Weekly $16-17 Calls
VMW Weekly $165-170 Calls 


Extended Watchlist: 
IBIO, LODE, GALT, OCGN, AVEO, OBSV

Solid Stock and Options Calls

Myovant Sciences Ltd. MYOV

In yesterday morning’s premarket report, we included MYOV in our Extended Watchlist for the day. It was a stroke of perfect timing, as it would end up the day’s top traded play on the NASDAQ.

The stock had been trading in a lackluster fashion for an extended time period, but the company’s revelation of completed prostate cancer treatment trials and plans to submit to the FDA, helped generate some really nice activity in the stock that is spilling over into the premarket today.

We’ve seen two distinct swings thus far, with MYOV first running from 12.64-17.16 (+36%) yesterday, before pulling back to 10.37. In the premarket this morning it has surged back to 15.31, a 48% upswing. We’ll be eager to continue tracking this interesting activity.



Kohls Corp. KSS

We also had a range of bearish options ideas in the Kohl’s chain in yesterday morning’s newsletters, and thanks to a poor showing on earnings, we saw deep decline in KSS stock despite the fact that we are headed into the thick of retail season.

Our ideas were the Kohls Corp. KSS Weekly $53.50-51 Puts, which put forth the following gain opportunities on the day:

$53 Calls – Range: 3.07-5.92 – Max Gain: 93%
$52.50 Calls – Range: 2.80-5.30 – Max Gain: 89%
$52 Calls – Range: 2.64-5.00  – Max Gain: 89%
$51.50 Calls – Range: 2.10-4.30 – Max Gain: 105%
$51 Calls – Range: 1.80-4.00  – Max Gain: 122%

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Fresh Options Idea
Target Corp. TGT Weekly $119-123 Calls 
Canopy Growth Corp. CGC Weekly $15.50-16.50 Calls


Extended Watchlist:
BAS, YTEN, CTST, I, SGLB, OCGN, DFFN, CTMX, CRZO

CBNT News Update & More

C-Bond Systems, Inc. CBNT – News Update

We were covering CBNT all last month, wherein we witnessed a run of over 130% as the stock traded from a low of .05-.1162 in a span of just a couple of weeks. We wanted to kick off this week by passing along the company’s fresh PR to any of our readers who may still be following its story.

CBNT is in the running for the 2019 Fleet Europe Innovation Award with its NanoShield™ technology, and for what it’s worth, they have our vote.

HOUSTON, Nov. 04, 2019 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology company that improves and strengthens glass, announced today that the C-Bond NanoShield™ final presentation for the 2019 Fleet Europe Innovation Award will be held on November 6, 2019, at the Fleet Europe Summit in Estoril, Portugal. The winner will be announced on November 7th.  To vote for C-Bond NanoShield please visit the Fleet Europe Innovation Award website at https://votes.fleeteurope.com/innovation.html#.XbwuWT-oskl. (>>View Full PR)



Options Recap

We offered up a few fresh ideas for Friday’s session. These were the big winners of the bunch:

Alibaba Group Holding Ltd. BABA Weekly $175-180 Calls
$175 Calls
– Range: 3.00-7.05  Max Gain: 135%
$180 Calls – Range: .44-2.45  Max Gain: 457%

US Steel Corp. X Weekly $12 Calls 

$12 Calls – Range: .31-1.75  Max Gain: 465%
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Fresh Ideas:
UAA Weekly $19.50-18 Puts
RACE Weekly $167.50-172.50 Calls 


Extended Watchlist:
AWSM, USM, ASNA, PIRS, OCGN, ACOR, HTBX

Blue Horseshoe Stocks: 900% Gainer & More

SPDR S&P500 (ETF) SPY – Options Explode

Yesterday morning we added a fresh options trading idea for the SPY chain, namely the Weekly $289.50-291 Calls and we are happy to report that not only was our idea spot-on, but the intraday gains made possible were rather eye-popping.

Here are the total possible profits that our readers could have snagged in a single session on the strength of our ideas, including an incredible NINE-BAGGER!

SPY Weekly $289.50-291 Calls 

$289.50 Calls – Range: 1.10-2.61 – Max Gain: 137%
$290 Calls – Range: .73-2.29 – Max Gain: 214%
$290.50 Calls – Range: .52-1.75 – Max Gain: 237%
$291 Calls – Range: .15-1.51 – Max Gain: 907%
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Fresh Idea:
BBBY Weekly $13-12 Puts  



Ocugen Inc. OCGN 

We also want to provide a brief update on another recent call we made, with OCGN. We tagged this one for observation as a bottom-play this past Friday morning, and already we’ve seen a pretty good swing to the upside.

The stock has traded in a range from 1.22-2.04 this week, marking a respectable  move of 67%  We’ll be interested to see if it can continue to register new highs for us in coming sessions.  



Sundial Growers, Inc. SNDL

We are seeing a very intriguing potential play on cannabis grower SNDL this morning. The recently-IPO’d stock has taken a bath in the two months following its first trades, having already been embroiled in a class-action suit. Yesterday the company showed that the claims of the lawsuit are essentially baseless, and the PPS began to recover.

We’re going to keep a close eye on the activity here in the days and weeks ahead, as the technicals of the chart are screaming upside potential at the present time. Not to put the cart before the horse, but we feel that a double from current pricing would not be out of the realm of realistic possibility.


Extended Watchlist:
TBSS, TPTX, OSTK, FOLD, ACST, AMRS, UUUU

Blue Horseshoe Stocks: AZZ Review & More

Options Recap

Thanks to a choppy day for the markets as a whole, both of the bearish options ideas we formulated for yesterday morning’s premarket report provided opportunities that either approached or exceeded the threshold of double-bag status.

Dominos Pizza Inc. DPZ – Dominos was the primary big name earnings reporter yesterday, and we decided to tag the DPZ Weekly $235-227.50 Puts for possible swing trades after disappointing figures. Those contracts moved considerably right out of the starting gate, prior to the company announcing a massive $1B buyback program, roughly 30 minutes into the session.

$235 Calls – Range: 4.02-7.40 – Max Gain: 84%
$232.50 Calls – Range: 3.80-6.00 – Max Gain: 58%
$230 Calls – Range: 2.63-4.81 – Max Gain: 83%
$227.50 Calls – Range: 1.30-3.60 – Max Gain: 177%
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Azz, Inc. AZZ 

With AZZ announcing a delay to its Q2 2020 earnings report, which was scheduled for yesterday premarket, we took the initiative to signal some puts there as well. Our targets were the AZZ Weekly $45-40 Puts and those were on a serious run throughout the day.

$45 Calls – Range: 4.20-9.00 – Max Gain: 114%
$40 Calls – Range: 1.15-4.30 – Max Gain: 274%
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Fresh Options Ideas:
SPY Weekly $289.50-291 Calls
QGEN 11/15 $28-30 Calls 


Extended Watchlist:
OCGN, AOBC, TMDI, EROS, ACRS, TMDI