Roku, Inc. ROKU – Review
We have been tracking ROKU ever since Tuesday morning, when we signaled our interest in the ROKU Weekly $134-136 Calls. We reported again on Wednesday after a decent first session from those ideas, while mentioning that we expected to see more gains added later in the week.
That’s exactly what are seeing, with ROKU up enormously in the premarket on the heels of its quarterly report, and getting ready to add some impressive new highs to our tracked contracts, just as we foresaw.
The stock itself is up big, having run from a low of Tuesday of 134.10 and hit 152.50 in early trading this morning. A three day swing of 14% out of a $130+ stock is nothing to sneeze at. So in addition to monitoring for new highs in our previously mentioned targets, we’re also going to roll up and track the Weekly $148-151 Calls* throughout the day.
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Fresh Options Ideas:
NVDA Weekly $285-290 Calls*
EXPE Weekly $122-124 Calls*
CGC Weekly $22.50-24j Calls*
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*Do not attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.
Genprex, Inc. GNPX – Update
We also want to comment on the impressive move made by GNPX since we put the stock on our radars five weeks ago. We began tracking it on January 6th, and after a short period of modest gains, the stock has kicked into high gear and never looked back.
Our observed low on GNPX on the morning of our alert was .29, and after five weeks, a huge gap up, and a lot of solid sessions worth of gains, yesterday GNPX attained a new high of 2.74. That’s a total increase of 845% and the stock closed at its highs as well, so we’re going to be really interested to see if it can carry this momentum even further.
Bottom Watchlist:
KRP, JMLP, LOGC