Activision Blizzard. Inc. ATVI – Big Winner
We signaled a range of calls in the Activision chain yesterday morning in our premarket report following the company’s earnings report, which were bullish despite the fact that ATVI’s quarterly figures were a disappointment. We indicated that we would put the ATVI Weekly $42-43.50 Calls on watch, and they were good ideas across the board.
In each of our designated contract sets, we saw not one, but two remarkable intraday swings, that gave traders plenty of chances for single-session profits of a significant nature. We’ve listed all the moves and total possible gains below:
$42 Calls - Move #1: 1.48-3.20 (+116%) | Move #2: 1.32-3.35 (+154%)
$42.50 Calls - Move #1: 1.12-2.75 (+146%) | Move #2: .98-2.85 (+191%)
$43 Calls - Move #1: .89-2.32 (+161%) | Move #2: .70-2.40 (+243%)
$43.50 Calls - Move #1: .70-1.90 (+171%) | Move #2: .44-1.90 (+332%)
Fresh Options Idea:
AstraZeneca plc AZN Weekly $38-39.50 Calls
Pernix Therapeutics Holdings, Inc. PTX
Even as we continue our excellent 2019 track record for options ideas, we don’t want to forget about the stocks on our watchlist that have been performing well.
A fantastic example of that is a stock we tagged as a bottom watch play back on December 20th. Over the past seven weeks, the stock has ramped up quite impressively, leading to a new high yesterday that we wanted to recap today.
From our observed low of .32 on PTX subsequent to our alert, to yesterday’s new high, represents an increase of 588%
OHGI, AY, SNBR, IVC, CHEK, AKAO, TELL, BRS, PS, SOLO