NKLA, BBBY Options Winners

Nice Options Gainers 

On Friday morning, we wrapped up an exciting week of options trading by highlighting the ideas we had formulated which produced sizable gains all week. Those included the NKLA Weekly $21.50-23 Calls as well as the BBBY Weekly $16-18 Calls.

They had already both recorded multibag gains going into Friday, and we witnessed more big opportunities intraday. Here were the total possible (massive) gains that were on the table during Friday’s session:

NKLA Weekly $21.50-23 Calls 
$21.50: 1.30-4.40 (+238%)
$22: .94-4.00 (+326%)
$22.50: .69-3.50 (+407%)
$23: .25-3.25 (+1200%)
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BBBY Weekly $16-18 Calls
$16
: 2.30-4.85 (+111%)
$16.50: 2.00-4.35 (+118%)
$17: 1.50-3.77 (+151%)
$17.50: 1.10-3.33 (+203%)
$18: .63-2.75 (+337%)
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Fresh Options Idea:
NTES 10/23 $90-91


OTC Runners 

A couple of OTC plays that we highlighted last week went on to post solid performances. On Monday of last week, we signaled interest in tracking Patient Access Solutions, Inc. PASO and on TuesdayClickStream Corp. CLIS via our extended watchlist. Readers can get wrapped up in our main feature plays and sometimes forget to monitor our extended watchlists.

In the case of PASO we witnessed a run from .0181 to .0403, an increase of 121% and CLIS brought a big move from .0162-.06, which works out to a gain of 270%


Fresh UBER Calls & More

Invesco Solar (ETF) TAN – Recap

On Thurday’s morning, we were getting strong bullish signals from the solar sector, and in order to stay on top of that trend we decided to track a set of options ideas in the TAN chain, with TAN being to the solar space what the SPY is to the markets as a whole.

Our targets were the TAN 10/16 $54-56 Calls and we saw some very nice activity from those plays on Friday.

TAN 10/16 $54-56 Calls
$54: 3.10-4.60 (+48%)
$55: 1.90-4.21 (+122%)
$56: 1.75-3.60 (+106%)
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We also had signaled the TCOM 10/16 $27-29 Calls for observation on Friday morning, and those saw some solid intraday gains.

TCOM 10/16 $27-29 Calls 
$27: 2.62-3.47 (+32%)
$28: 1.88-2.81 (+49%)
$29: 1.18-2.06 (+75%)


All American Gold Corp. AAGC

We will also provide an update on AAGC which we mentioned on Wednesday morning. We observed a subsequent low of .0008 and to close out the week with a bang, the stock hit a new high of .0024.

This subpenny runner amounted to potential gains of up to 200% and was a good diversion from our typical big board options interests.


Fresh Options Ideas: 
THO 10/16 $100-105 Calls
UBER Weekly $34.50-36 Calls


Extended Watchlist:
PASO, CLOW, WOGI, GNBT, VST, 

Options Reviews, New Ideas

Options Updates: 

We highlighted a pair of options ideas in yesterday’s morning report, declaring our interest in tracking the KMB Weekly $145-148 Calls, as well as the DHR 08/21 $200-210 Calls. 

Despite what turned out to be a very poor session for the markets in general, both of our highlighted plays saw activity that bucked the overall trend of the day. We saw big moves in every one of the contracts in question: 

KMB Weekly $145-148 Calls
$145: 1.00-4.30 (+330%)
$146: .79-3.20 (+305%)
$147: .70-2.86 (+309%)
$148: 1.00-1.89 (+89%)
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DHR 08/21 $200-210 Calls 

$200: 4.26-7.40 (+74%)
$210: 1.38-2.58 (+87%)
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Prologis, Inc. PLD – We also had signaled some calls in the PLD chain on Tuesday morning, and after a solid midweek performance, we’ve witnessed some appreciable gains there as well.

PLD 08/21 $100-105 Calls
$100: 1.52-3.26 (+114%)
$105: .45-1.11 (+147%)


Fresh Options Ideas:

And here are the targets we’re going to be monitoring off of today’s earnings calendar. We’ll have a few weeks apiece to track and realize some solid gains in these plays.

Edwards Lifesciences Corp. EW 08/21 $78.50-80 Calls
FirstEnergy Corp. FE 08/21 $30-32 Calls


Extended Watchlist:
AXIM, SHMP, PAOG, PASO, SBFM, BBRW, CVAT