Fantastic Week Closes with a Bang:
We have been rolling along this week with some really great ideas as usual, with most of everything we’ve highlighted providing some type of trading opportunity. Yesterday morning’s report offered no exception to that trend, with two out our three tracked options plays yielding impressive intraday performances.
Our targets were long on PYPL and short on QCOM, and in both cases, we witnessed multibag intraday runs. The ranges and total possible gains for the day were as follows:
PYPL Weekly $260-267.50 Calls
$260: 3.80-10.78 (+184%)
$262.50: 2.51-8.35 (+232%)
$265: 1.70-6.10 (+259%)
$267.50: 1.11-4.26 (+284%)
QCOM Weekly $155-150 Puts
$155: 4.55-9.72 (+114%)
$152.50: 2.98-7.56 (+154%)
$150: 1.64-5.25 (+220%)
Fresh Options Ideas*:
PINS Weekly $80-85 Calls
ATVI Weekly $99-102 Calls
PTON Weekly $148-150 Calls
*Please don’t attempt to trade options with a weekly expiration on a Friday unless you are an advanced level trader with access to disposable funds!
Alternet Systems, Inc. ALYI
It has been nearly a month that we’ve been pounding the table on ALYI, with the stock appearing in our daily reports five times since January 7th. On that day, it was trading for as little as .0152, and it never looked back.
We’ve seen it tack on added gains for most of the past three-plus weeks, and yesterday it attained a new high of .0871. That marks an overall upswing of 473% in less than a month’s time.
INOH, SNVP, ATYG, INOH, INND, MJNA, HIPH