Tag: SBFM

ULTA Options Review, OTC Runner & More

Winning Options Recap: 

On Friday morning, we were marveling at the performance of all of the excellent options ideas we floated to our readers last week, with nearly every signal we made yielding chances for sizable quick-strike gains.

We ended the week with two final options target suggestions, and unsurprisingly, we hit on both of those as well. Our interests were the ULTA Weekly $335-345 Calls, and the CRM Weekly $232.50-237.50 Calls. ULTA was the favorite by a nose, but they both produced significant chances for intraday profit.

Here are the figures on the ranges and total possible gains on the table for those plays: 

ULTA Weekly $335-345 Calls
$335: 8.69-15.70 (+81%)
$337.50: 7.77-14.40 (+85%)
$340: 5.33-12.90 (+142%)
$342.50: 4.10-9.65 (+135%)
$345: 2.93-8.05 (+175%)
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CRM Weekly $232.50-237.50 Calls
$232.50: 6.28-9.82 (+53%)
$235: 4.00-7.50 (+87%)
$237.50: 2.24-5.07 (+126%)

Fresh Options Ideas:

This morning we are going to signal a longer-term set of calls for NGM, which is searching for a bottom at the present time. When the inevitable rebound occurs, there is a massive $10 gap on the chart to the upside which could pave the way for a nice rebound play in the NGM 07/16 $15-17.50 Calls.

We’ll also watch the CAN 06/18 $7.50-10.00 Calls, the KIRK 06/18 $25-27.50 Calls, and the CLDR Weekly $15-16 Calls on the heels of the three companies’ earnings drops this morning.
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Bonus Idea:
BABA Weekly $222.50-227.50 Calls

Good Gaming, Inc. GMER – One more brief note on another winning play for us- we signaled GMER in Friday’s extended watchlist and subsequently witnessed a pretty good performance from the stock. It traded in a range from .0461-.174, providing chances at huge gains of up to 277% on the day!

Extended Watchlist:
AMC, VTNR, CLDR, OEG, NWGC, SBFM, GRLT, WSGF, AVVH, RITE

Retail Earnings Opportunities

Cracker Barrel Old Country Store, Inc. CBRL – Recap: 

This morning we’re updating readers on the fresh options idea from yesterday. Just to give a heads up, this idea appeared in our report yesterday as Weekly calls, which was in error. The next expiration date on any existing CBRL options is June 18th, so we’re talking about the CBRL 06/18 $155-165 Calls.

Those fared quite well on the day despite three weeks remaining until their expiry. Here are the intraday gains they recorded:

CBRL 06/18 $155-165 Calls 
$155: 4.40-6.68 (+52%)
$160: 2.45-4.40 (+80%)
$165: 1.25-2.40 (+92%)

Based on premarket activity this morning, it appears as if CBRL may be preparing to gap up, and as a result we may see further advances in these contract sets. We’re going to want to continue to monitor their activity into June 18th.

Fresh Options Ideas:

Despite a general decrease in the number of daily earnings reporters, we’ve got a fair few retail giants dropping figures this morning, and we’ll venture a target for the SPY as well.

URBN Weekly $37-39 Calls
ANF Weekly $39-40.50 Calls
DKS Weekly $88-91 Calls 
SPY 05/26 $418-420 Calls 

Extended Watchlist:
AAPT, SBFM, UPIN, BRYYF, GEGP, CYBL, MNGG, MDCN, XREG

KSU, IBM Options & More

SPDR S&P 500 (ETF) SPY –  Recap:

Our offering of fresh options plays for the day yesterday was simply limited to the SPY. The markets were signaling an incoming dip-and-rip scenario that created shaky ground for some of the earnings reporters, but that volatility did provide the impetus for some very nice intraday moves in our tracked calls.

Those ideas were the SPY Weekly $415-416 Calls and here were the considerable moves that were recorded throughout the day:

SPY Weekly $415-416 Calls
$415: .09-.43 (+378%)
$416: .28-.57 (+104%)
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Fresh Options Ideas:
KSU Weekly $285-295 Calls
IBM Weekly $134-136 Calls

American Diversified Holdings Corp. ADHC:

Just yesterday morning, we were highlighting the excellent performance of  ADHC, which has made an considerable move since we flagged it on April 1st. We witnessed a .005 low subsequent to that report.

Yesterday after our followup, we saw ADHC trade in a daily range from .0166 to a new high of  .0314. That represents a daily pop of 89%, and an overall increase of 528% in April alone!

Extended Watchlist:
ENZC, AITX, GVSI, PJET, SEEK, SBFM