Cracker Barrel Old Country Store, Inc. CBRL
We were looking at a favorable setup on the CBRL chart along with a premarket earning beat in yesterday morning’s report, and we floated a couple of options ideas that worked out pretty well early on in the session.
We had the CBRL Weekly $150 & 151.50 Calls as well as the 10/20 $155 Calls on watch, and both our short -term and longer-term ideas provided excellent chances for multi-bag gains on the day.
The Weekly $150’s traded in a range from 1.01-4.00 (+296%), while the
$151.50’s ran from 1.10-2.79, gaining 154% intraday. Even the longer-term idea, the 10/20 $155’s more than doubled on the day, running 175% from 1.09-3.00.
Amyris, Inc. AMRS
We wanted to circle back for AMRS today to recap the past month of its performance on the chart. We put this play on bottom-watch on the morning of August 15th, and as it turns out, our timing was pretty good. It was just a couple of sessions later when we observed a low of 1.86 in the stock, and it’s been mostly bullish moves since then.
Yesterday, AMRS hit a new high of 3.84, marking an overall increase of 106% in matter of just one month’s time. If the stock can manage to break its previous resistance around the 4.30 area, things could get really interesting.
T2 Biosystems, Inc. TTOO – In that same report from August 15th we were discussing the run we had seen from TTOO from 2.53 to its highs at the time just over $4. It too hit an impressive new high yesterday, at 6.99. That works out to a one month increase of 176%
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