Tag: QTNT

XOM Updates, Fresh Ideas

Extended-Term Exxon-Mobil Runners:

With all of the options ideas in yesterday morning’s report being extended-term plays, we don’t yet have much to report in terms of instantaneous gains this morning, but we thought this would be a good opportunity to track back to a previous longer-term idea we had earlier this month which produced reasonable opportunities to profit subsequent to our tag.

We signaled the XOM 09/02 $95-96 Calls exactly two weeks ago today on the morning of August 9th, and over that span they’ve managed to post quite significant increases and profit possibilities for traders, which have been as follows:

XOM 09/02 $95-96 Calls
$95: .80-2.75 (+244%)
$96: .72-2.11 (+190%)

Fresh Options Ideas:
DKS Weekly $111-113 Calls
BEKE 09/16 $15-17.50 Calls
PANW Weekly $550-565 Calls
ZM Weekly $89-86 Puts

Greene Concepts Inc. INKW – Recap: 

We first began signaling INKW just over a couple of weeks ago on the morning of the 4th. and have also done so a few times since then. Following that initial alert, we would observe a low of .0056 in this OTC stock, which then went on to make a serious run deep into Pennyland to a high of .0239, marking an extremely commendable 327% run.

Extended Watchlist:
DPLS, CSVI, STEK, ZNOG, ALYI, QTNT, MRIN, WINT, AVYA, INDO, HSDT

A Selection of July Calls & More

Winning Options Review: 

We were pleased to start off the short trading week with a bang yesterday, getting right back on track with a couple of options trading ideas that netted some good intraday gain opportunities for anyone who was paying attention. The markets ripped all day long, so it was definitely a good time to go bullish on the SPY.

We did so with the SPY 06/21 $369-371 Calls, and we also stuck in an idea for the one earnings play that stood out to us on the day, the LEN Weekly $64-66 Calls. In both cases, the potential profits reach multibag territory. Those moves were as follows:

SPY 06/21 $369-371 Calls
$369: 3.76-7.43 (+98%)
$370: 2.88-6.52 (+126%)
$371: 2.59-5.50 (+112%)
_____

LEN Weekly $64-66 Calls
$64: 1.90-4.03 (+112%)
$65: 1.88-4.00 (+113%)
$66: 1.05-3.23 (+208%)

Fresh Options Ideas:

We’re in the midst of an earnings drought that is going to persist for at least a few more weeks, but we’re still trucking right along, working with what we’ve got. Today’s earnings play that stands out in the premarket is from the Winnebago chain, while we’ve also noticed some insider buying near the bottom on NLOK.

WGO 07/15 $45-50 Calls
NLOK 07/15 $24-25 Calls
FL 07/15 $31-32 Calls

Revlon, Inc. REV – Recap: 

We’ve also got an update on Revlon, which we tagged for observation on Friday morning. The stock has followed that alert up with two nice sessions in a row now. Our observed range for that period is 2.73-6.95 (+155%) This morning’s premarket high of 8.39 marks an overall increase of 207% over just a few trading days!

Extended Watchlist: 
EVSV, INTK, INQD, MMTLP, ECOX, LTCN, SIRC, KBLB, XELA, QTNT, USWS

Blue Horseshoe Stocks: AMD Review & More

Advanced Micro Devices, Inc. AMD

Our first order of business today is going to be to take a look at the incredible year AMD has had. We’ve mentioned it quite a few times along the way, but if we track all the way back to April 26th, we see that we caught this stock at a low of 10.61.

AMD has been an absolute juggernaught all year, and this morning in the premarket trades are going off at 33.25. That’s 213% higher than our observed share price this spring, and AMD shows little sign of slowing its gradual ascent.

In terms of options ideas, we are going to put an observation tag on the AMD Weekly $32-33 Calls.

Adobe Systems, Inc. ADBE

Yesterday morning for a fresh options idea,we stated that if we saw ADBE maintain support at or above 258.49, we were going to be very interested in the ADBE 10/26 $260-265 Calls.

The stock began to make the reversal we expected yesterday, and its activity fueled the first round of gains for our calls, which were as follows:

$260 Calls– Range: 8.05-10.50 – Max Gain: 30%
$262.50 Calls – Range: 7.25-8.50 – Max Gain: 17%
$265 Calls – Range: 4.85-7.85 – Max Gain: 62%

We would not be at all surprised to have to swing back around to report much larger gains down the road on these ideas, but yesterday’s activity was a solid start.

Extended Watchlist: 
CEI, GERN, YUMA, JONE, HUSA, NIHD, QTNT,