Thursday’s Clean Sweep, 4 Fresh Possibilities

Thunderous Thursday Recap:

We keep the momentum going yesterday morning with another fantastic premarket report containing a lot of good ideas. We had just swept the board with a perfect outing on Wednesday, and we did it once again, with all of five of the ideas we formulated for the day. We go through the same process each and every trading day morning to try to bring folks some of the best potential plays before the opening bell, and it’s really pleasing when we can sweep the board and deliver a perfect slate of ideas.

Yesterday’s movers were the SPY 11/09 $437-438 Calls, the DIS Weekly $86-88 Calls, the AZN Weekly $64-65 Calls, the LI Weekly $40-41 Calls and the ARM Weekly $52.50-51 Puts. As you can see below, the potential for some really nice profits were there for the taking:

SPY 11/09 $437-438 Calls
$437:
 .15-.55 (+267%)
$438: .03-.20 (+566%)
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DIS Weekly $86-88 Calls
$86: 2.02-5.15 (+155%)
$87: 1.50-4.20 (+180%)
$88: .77-3.23 (+319%)
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AZN Weekly $64-65 Calls
$64: .95-1.62 (+71%)
$64.50: .52-.87 (+67%)
$65: .15-.35 (+133%)
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LI Weekly $40-41 Calls
$40:
 .13-.68 (+423%)
$40.50: .04-.46 (+1050%)
$41: .06-.30 (+400%)
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ARM Weekly $52.50-51 Puts
$52.50: 1.49-2.70 (+81%)
$52: 1.40-2.30 (+64%)
$51.50: 1.00-1.89 (+89%)
$51: .31-.70 (+126%)


Fresh Options Ideas:
SPY 11/10 $434-435 Calls*
ILMN Weekly $96-94 Puts*
TTD Weekly $62-59 Puts*
SONY Weekly $83-86 Calls*

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


Extended Watchlist 
INBS, PAPL, METC, LTRN, OCX, FTEL, METC, JAN, INBS, ASTR, ETHE, BEGI, YCRM, SONG, BLQC

CAG Recap & More

Conagra Brands, Inc. CAG – Recap 

With the markets ripping again yesterday, one of the options ideas we had zeroed in on produced some really nice gain opportunities for us. We signaled the CAG 07/02 $33.50-34.50 Calls, and two out of three of those contracts logged double-bag gains on the day.

Here are the total ranges and possible profits that these calls provided:

CAG 07/02 $33.50-34.50 Calls
$33.50: 1.15-2.15 (+87%)
$34: .77-1.76 (+129%)
$34.50: .55-1.35 (+145%)

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Fresh Ideas:
FDX 07/02 $149-155 Calls
STZ 07/02 $175-180 Calls



OncoCyte Corp. OCX

On OCX yesterday, we noticed a drastic change as the stock fell off a cliff on news that it would discontinue development of its DetermaDx liquid biopsy test. Purely from a technical perspective, we have to take notice when a stock gets chopped by half and falls to near annual lows in one session.

It leaves a lot of future opportunity for a bounceback on the table, so we’re going to signal a long term idea in the options chain, and begin monitoring the OCX 11/20 $2.50 Calls.


Extended Watchlist:
ERFB, ARGQ, LFER, PVHO, XALL

Blue Horseshoe Stocks: PEP Recap & More

PepsiCo, Inc. PEP – Options Recap

Yesterday morning Pepsi’s earnings provided us with one of the pair of options ideas included in our report. We were focused on the PepsiCo, Inc. PEP Weekly $109-112 Calls and are pleased to report that we found success with those immediately.

The single-session gain opportunities available to anyone who partook were substantial to say the least, continuing an impressive pattern of huge options winners we’ve uncovered over the last several sessions.

$109 Calls – Range: 1.23-4.00 – Max Gain: 225%
$110 Calls – Range: .70-3.05 – Max Gain: 336%
$111 Calls – Range: .38-2.05 – Max Gain: 439%
$112 Calls – Range: .19-1.30 – Max Gain: 589%


Tesla, Inc. TSLA

On Friday we began tracking some TSLA Calls, and we did remind our readers of these contracts yesterday, cautioning that it appeared as if the stock was ready to facilitate some good moves in our targets.

The TSLA 08/02 $300-315 Calls were those targets, and our hunch proved correct. While we swept the range, finding gains in all seven sets of contracts, in the interest of time, we’ll simply provide the moves from the bottom and the top of the range. Just keep in mind that the sets in between also enjoyed commensurate moves to the upside.

The $300 Calls ran from a low of 22.54 to a high of 35.81 for a gain of 59% while the $315’s ran from 16.70 to 26.01; an increase of 56%
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Fresh Idea:
Fastenal Co. FAST Weekly $50-55 Calls


Extended Watchlist:
TANH, TVIX, UAVS, OCX, MNGA, NVIV