Walgreens Boots-Alliance Inc. WBA
We made our interest in the WBA options chain very clear yesterday morning, stating that “in addition to exceeding expectations with their quarterly report, the stock was already looking ripe for a bottom bounce.”. As it turned out, our shrewd premarket observation made it possible for our readers to bag some truly epic gains on the day in three out of the four highlighted contracts .
Our designated targets were the WBA Weekly $69-70.50 Calls and the moves they made on the day were astonishing, including an absolutely eye-popping 78-bagger, even as the markets as a whole had the worst down-day in months!
$69 Calls – Range: .01-.79 – Max Gain: 7800%
$69.50 Calls – Range: .06-.59 – Max Gain: 883%.
$70 Calls – Range: .05-.35 – Max Gain: 600%
We’ll continue to keep an eye on these ideas as we head into the end of the week.
Twitter, Inc. TWTR
We’ve also got a frsh options idea for TWTR, after noticing a significant gap-up in the stock here in the premarket. The company Q3 earnings showed it is inching very close to profitability, which could happen as soon as next quarter, and traders are responding. TWTR is presently filling a big gap on the chart, and has the look of a play that could produce a significant dip-and-rip once the session commences.
We’re going to be looking at the TWTR Weekly $18-19.50 Calls.
SPECIAL ALERT: Tune into an exclusive CEO interview we’re conducting via our sister site, StockTradersTalk.com with Troy Lowman, CEO of SNM Global Holdings, Inc (OTCMKTS:SNMN). The audio will be available beginning at 10AM this morning, and permanently archived thereafter. Simply visit StockTradersTalk.com after 10 o’clock!
If you missed our Special Report on SNMN, check it out now! >> View SNMN Report
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