Another 6-Pack of Options Ideas

More Options Winners:

We are cruising into the weekend after what has truly been an exciting and fruitful week of options trading. After sweeping the board with six distinct ideas from Wednesday’s report, we continued to press our advantage and formulated another four fresh potential plays in yesterday morning’s premarket report.

Those targets were the TMO Weekly $585-595 Calls, the MA Weekly $345-347.50 Calls, the LIN 08/19 $280 Calls, and the F Weekly $13.50-14 Calls.  We’re pleased to report that not only did all of them produce for us, but they recorded some truly huge intraday runs, with the exception of the longer term play with August expiration on BA, which only put down nominal gains, but have three whole weeks yet to achieve our aim. Here were the total possible profits that could have been squeezed from yesterday’s slate:

TMO Weekly $585-595 Calls
$585: 
4.50-16.20 (+260%)
$590: 1.50-13.23 (+782%)
$595: 2.03-8.94 (+340%)
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MA Weekly $345-347.50 Calls
$345: 2.20-8.60 (+291%)
$347.50: 1.40-6.45 (+361%)
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LIN 08/19 $280 Calls
$280: 15.70-17.00 (+8%)
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F Weekly $13.50-14 Calls
$13.50: .16-.57 (+256%)
$14: .04-.20 (+400%)


Fresh Options Ideas:
XOM Weekly $94-95 Calls*
CVX Weekly $150-155 Calls*
AAPL Weekly $160-162.50 Calls*
PG Weekly $145-143 Puts*
SPY 07/29 $407-408 Calls*
AMZN Weekly $133-136 Calls*


Extended Watchlist: 
IHGP, ETCG, HYSR, LTCN. SIRC, BCHG, EMGE, GTCH, MDWK, PDGO, SNTI, GETY, AYLA, THMO

Options Runner Recap, Fresh Ideas & More

Winning Options Review:

We’ll make this a brief recap, because we want our readers to have plenty of time to check out the link we’ve provided further down the page!

As usual, we issued some fresh options ideas in yesterday morning’s premarket report. Our interest in the CHGG 08/20 $80-85 Calls and the SYY Weekly $75-76.50 Calls paid immediate dividends as both companies produced some nice intraday activity in the wake of their earnings reports.

Here are the total possible intraday gains that could have been secured following our alerts:

CHGG 08/20 $80-85 Calls
$80: 2.90-6.20 (+114%)
$85: .90-2.75 (+205%)
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SYY Weekly $75-76.50 Calls
$75: 1.08-3.70 (+245%)
$75.50: .99-3.15 (+218%)
$76: .55-2.75 (+418%)
$76.50: .51-2.32 (+355%)
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Fresh Options Ideas:
COIN Weekly $275-280 Calls
U 08/20 $110-115 Calls
WEN 08/20 $22-23 Calls 


SPECIAL REMINDER: 

As we were mentioning yesterday morning, we’re excited to be able to make a special presentation of a high-potential stock that has piqued our interest. We would suggest that our readers click here to check out this special report in addition to today’s newsletters.


Extended Watchlist:
CWBR, GTIM, MOGO, FUBO, PDGO, FLRE, IFAN, XTRM

New Highs in MJWL & More

Monday Options Recap: 

We started off the week in grand fashion yesterday morning, including fresh options ideas from both the SPACE and PTON chains in our premarket report.

We were tracking the SPCE Weekly $24-25.50 Calls. the PTON Weekly $101-103 Calls, and the PTON 06/11 $105-107 Calls. Those longer-term PTON calls did make respectable daily moves as well, but we’re going to focus on the weekly quick-strike plays this morning.

Here are the intraday trading ranges and total possible gains for our tracked plays: 

SPCE Weekly $24-25.50 Calls 
$24: 1.31-4.12 (+215%)
$24.50: 1.05-3.65 (+247%)
$25: .96-3.40 (+254%)
$25.50: .83-3.05 (+267%)
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PTON Weekly $101-103 Calls
$101: 
1.30-3.00 (+131%)
$102: 1.00-2.50 (+150%)
$103: .76-2.05 (+170%)


Fresh Options Ideas: 
CBRL Weekly $155-165 Calls 


Majic Wheels Corp. MJWL – Recap:

We also want to highlight the recent performance of MJWL, which we initially began following with our tag of the stock in our report on the morning of May 13th.The low following that report was .0094.

We also included MJWL in yesterday morning’s extended watchlist, and the stock traded in a daily range from .0391 to an impressive new high of .0739. That marks a total possible intraday gain of 89%, and for anyone who got in after our initial alert from two weeks ago, the potential gain as of yesterday high stands at a whopping 686%


Extended Watchlist:
BFARF, PDGO, FBCD, EEGI, TONR ATIG, TGGI, APYP, NUUU, RSHN, RBNW

SFAZ, Options Trading & Extended Watchlist

Options Trading
We dabble in options trading from time to time, and want to remind our readers that this is not for the faint of heart. These ideas are meant for day-trading opportunities, and we can’t stress enough that it should be considered very high risk. That being said, we’d still like to share our current thoughts on the subject.

It appears as if the markets want to open up with an uptrend today. We’ve seen the biggest losses of the year for the past two days running. While uncertain as to whether that pullback to continue, at least from where we stand now, it appears that the markets want to rebound. In the event of an overall uptrend today, we are going to be focusing specifically on the weekly SPY Calls, and VXX Puts.

On the flip-side, if we continue to see more of this recent sell-off, we will obviously be reversing our strategy to focus mainly on the SPY Puts, and VXX Calls, as the two indices tend to move inversely to one another. At any rate, we want to stay close to the money, and have our strike price be pushed in the money. For example, the SPY is currently trading at 151.32 pre-market, so we are currently looking at the 151.00 Weekly SPY Calls.
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Safe Technologies International, Inc. SFAZ

We first alerted SFAZ via our extended watchlist on January 4th. On that day, we saw the stock run from .008 up .014, for a one day pop of 75%

After mostly trading sideways since that initial run, the stock has now found a solid level of support at .002. Chart conditions are beginning to come across as favorable once again, as we’ve pointed out below.

Accumulation & Distribution have been on a steady rise, even as the stock has been feeling out a bottom. The RSI continues to hold above the 50MA overlay and looks like it’s beginning to push the 50-line. We appear to be at a pivot point with regard to resistance, the 50 and 20DMA’s at .0026, and .0028, respectively. Meanwhile, the blue bars on the MACD histogram are about to flip up topside as we are about to see a bullish cross, and the Slow STO recently passed above the 50MA overlay.


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Extended Watchlist:
MCET, PDGO, BRCI, SNDY, JOEZ, MRVL 

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