Sweeping the Board with Options Runners

Clean Options Sweep:

Amid a huge day for the markets yesterday, our daily options ideas also bore fruit. We’ve missed on exactly one of the many targets we’ve formulated all week, demonstrating a fairly routine level of accuracy for us. Our regular readers are surely accustomed to our high hit rate, and as for all of you newcomers, you will begin to see that we run a pretty tight ship around here. Each day consists of a review of the previous sessions interests, a grouping of fresh options ideas wherever possible, and an extended watchlist of both small and large cap stocks to watch based on their premarket activity.

Yesterday’s premarket report brought three ideas for the day, and those targets were the MRNA Weekly $162.50-167.50 Calls, the SBUX Weekly $84-86 Calls, and the PYPL Weekly $98-101 Calls, with MRNA and SBUX both showing out as the big winners. Here are the intraday moves recorded by our designated plays:

MRNA Weekly $162.50-167.50 Calls
$162.50: 5.75-26.46 (+360%)
$165: 6.15-24.20 (+293%)
$167.50: 3.65-21.70 (+494%)
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SBUX Weekly $84-86 Calls
$84: 1.22-4.00 (+228%)
$85: .72-3.15 (+332%)
$86: .37-2.28 (+516%)
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PYPL Weekly $98-101 Calls
$98:
 3.43-4.60 (+39%)
$99: 2.85-3.95 (+39%)
$100: 2.28-3.28 (+44%)
$101: 1.83-2.67 (+46%)


Fresh Options Ideas:
CI Weekly $277.50-282.50 Calls
COP Weekly $92-93 Calls
BABA Weekly $98-101 Calls
FTNT 08/19 $56-55 Puts


Extended Watchlist: 
TOMDF, INND, CYDY, IGEX, INKW, PSWW, GWHP, ILIM, TWOH, HZEN, MF, ALNA, EMBK, GRNA, SOPA, NNVC, XCUR, CCXI, EFSH

Wrapping Up a Successful Trading Week

Options Roundup:

Once again, in yesterday morning’s premarket report we very typically offered up a trio of fresh options plays, and, also typically, all three got sent for a ride on the day. Our regular readers know very well that we pride ourselves on our consistency. we do the same things each and every day because they work for us with such regularity.

Our specific targets for the session were the KR Weekly $49.50-52 Calls, the SPLK Weekly $114-116 Calls, and the BBY Weekly $106-108 Calls. and they all produced good intraday movement for us, registering the following moves and total possible gains for the session:

KR Weekly $49.50-52 Calls
$49.50:
 2.75-5.86 (+113%)
$50: 2.19-5.50 (+151%)
$51: 1.47-4.50 (+206%)
$52: .92-3.56 (+287%)
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SPLK Weekly $114-116 Calls
$114: 6.77-12.20 (+80%)
$115: 5.66-11.65 (+106%)
$116: 5.13-10.40 (+103%)
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BBY Weekly $106-108 Calls
$106: 2.50-7.20 (+188%)
$107: 2.02-6.13 (+203%)
$108: 1.74-5.65 (+225%)


Fresh Options Ideas:
AVGO Weekly $585-$595 Calls*
GPS Weekly $14.50-15.50 Calls*

ABNB 04/01 $160-165 Calls

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Extended Watchlist:
STAB, VEON, EJH, HMBL, DPLS, CYBL, AXAS, PSWW, FOMC, DUTV

Extended-Term Options Plays Paying Off

Reviewing Winning Ideas: 

We typically focus more on options expiring at the end of a given week, there are certainly occasions when we target those with expiration dates weeks, or sometimes even months into the future. Which way it falls is often determined by the setup and conditions in which we find a play.

Today, we’re going to go over the recent moves made by a few of the longer-term options ideas to grace our watchlist recently. We signaled the DRI 07/16 $140-145 Calls in our report last Thursday morning, June 24th, and just a few sessions prior on the morning of the 21st we alerted the TBIO 08/20 $17.50-20 Calls and the MRNA 08/20 $195-210 Calls.

Take a look at the fantastic multi-bag upswings that we’ve witnessed in the short time we’ve been tracking these options:

DRI 07/16 $140-145 Calls
$140: 2.71-8.65 (+219%)
145: 1.10-4.60 (+318%)
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TBIO 08/20 $17.50-20 Calls
$17.50: 2.88-10.15 (+252%)
$20: 1.65-8.40 (+409%)
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MRNA 08/20 $195-210 Calls
$195: 23.29-48.35 (+108%)
$200: 18.07-51.00 (+182%)
$210: 13.58-41.00 (+202%)


Fresh Options Ideas:
SPY Weekly $430-432 Calls
SPCE Weekly $51-53 Calls


Marin Software, Inc. MRIN – Recap:

Like a couple of the above-mentioned plays, we signaled MRIN in our report on the morning of June 24th on the basis of the stock alone. We didn’t even need options to leverage with this play as it has continued to soar to new highs.

Yesterday MRIN hit 21.68, which from our observed low of 2.56 registers as an increase 747% of in just a week’s time for this NASDAQ-listed stock!


Extended Watchlist:
STAF, WAVE, TATT, ELRA, EEGI, PSWW, EXDI, GGII, APTY, DPLS, SDEC