Solid Stock and Options Calls

Myovant Sciences Ltd. MYOV

In yesterday morning’s premarket report, we included MYOV in our Extended Watchlist for the day. It was a stroke of perfect timing, as it would end up the day’s top traded play on the NASDAQ.

The stock had been trading in a lackluster fashion for an extended time period, but the company’s revelation of completed prostate cancer treatment trials and plans to submit to the FDA, helped generate some really nice activity in the stock that is spilling over into the premarket today.

We’ve seen two distinct swings thus far, with MYOV first running from 12.64-17.16 (+36%) yesterday, before pulling back to 10.37. In the premarket this morning it has surged back to 15.31, a 48% upswing. We’ll be eager to continue tracking this interesting activity.



Kohls Corp. KSS

We also had a range of bearish options ideas in the Kohl’s chain in yesterday morning’s newsletters, and thanks to a poor showing on earnings, we saw deep decline in KSS stock despite the fact that we are headed into the thick of retail season.

Our ideas were the Kohls Corp. KSS Weekly $53.50-51 Puts, which put forth the following gain opportunities on the day:

$53 Calls – Range: 3.07-5.92 – Max Gain: 93%
$52.50 Calls – Range: 2.80-5.30 – Max Gain: 89%
$52 Calls – Range: 2.64-5.00  – Max Gain: 89%
$51.50 Calls – Range: 2.10-4.30 – Max Gain: 105%
$51 Calls – Range: 1.80-4.00  – Max Gain: 122%

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Fresh Options Idea
Target Corp. TGT Weekly $119-123 Calls 
Canopy Growth Corp. CGC Weekly $15.50-16.50 Calls


Extended Watchlist:
BAS, YTEN, CTST, I, SGLB, OCGN, DFFN, CTMX, CRZO

Kicking Off a Fresh Trading Week

Luckin Coffee, Inc. LK – Options Recap 

This past Wednesday morning, we signaled a range of calls in the LK chain, and the incredible move made by the stock on Friday, pushed those contracts to some very lofty gains.

LK stock itself ran from a low of 21.95 and hit 27.31, registering as the NASDAQ’s #6 top daily gainer, and moving up 24% in the process, which is a fantastic intraday move for a $20+ stock.

As far as our targets of interest, the LK 11/22 $19-21 Calls, the following gains were possible with Friday’s amazing run.

$19 Calls – Range: 1.96-5.75 – Max Gain: 193%
$19.50 Calls – Range: 1.70-4.50 – Max Gain: 165%
$20 Calls – Range: 1.35-6.50 – Max Gain: 381%
$20.50 Calls – Range: 1.10-3.60  – Max Gain: 227%
$21 Calls – Range:  .71-5.37 – Max Gain: 656%


Eros International plc EROS 

We’ve been tracking EROS since October, with the first of two alerts in that moth coming on the 9th.

Since that time we have witnessed some pretty nice activity in the stock, observing a low of 1.25, and as of this morning’s premarket high of 2.70, it has made an overall move of 116%

We are going to highlight some EROS options as well for a fresh idea to start the week off with, the EROS 12/20 $2.50 Calls.


Extended Watchlist:
SGLB EKSO, SMSI, SRRA, ALNA, VNTR, RTTR

Big Options Wins & More

Huge Options Success

Yesterday morning, we offered up a couple of fresh options ideas for our readers, and thanks to another solid day for the markets, along with the earnings-fueled activity of each of these plays, we were able to see gains of an immense nature on the day.

Our ideas were the ROK Weekly $195-200 Calls and the DXC Weekly $30-32 Calls. Regardless of which chain or strike point our readers latched onto, there were impressive multi-bag profit opportunities on the table, which were as follows:

ROK Weekly $195-200 Calls
$195 Calls – Range: 4.50-11.79 – Max Gain: 162%
$200 Calls – Range: 1.96-8.00 – Max Gain: 308%

DXC Weekly $30-32 Calls
$30 Calls – Range: 1.50-5.19 – Max Gain: 246%
$31 Calls – Range: 1.15-4.10 – Max Gain: 257%
$32 Calls – Range: .85-3.20 – Max Gain: 276%

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Fresh Ideas:
GOOS Weekly $40.50-42 Calls
LK 11/22 $19-21 Calls


Applied DNA Sciences, Inc. APDN

We also want to briefly go over yesterday’s landmark performance by APDN, a stock we most recently mentioned on October 22nd. We did see a backslide following that alert, but APDN has more than made up for it with its incredible move.

Yesterday alone, the stock made a big enough move to register as the number one gainer on the NASDAQ as it ran from 5.57-19.69, an eye-popping 254% pop.


Extended Watchlist:
DDOG, ONCY, SGLB, NAT, SPB, HMY, NBRV, CLVS

Blue Horseshoe Stocks: Updating Recent Picks

Arcadia Biosciences, Inc. RKDA

As we were just mentioning yesterday morning, we’ve seen RKDA run from a low of 2.70 after placing it on watch Friday morning, and it was high flying in the premarket yesterday, causing us to warn readers of further gains incoming.

The stock strung together its second straight bull run, adding to Friday’s gains and reaching a subsequent high of 7.35. That registers as a two-day swing of 172% and continues to give us cause to keep RKDA on the radar.as it streaks to 5-month highs.


Taronis Technologies, Inc. TRNX

We began tracking TRNX last month as the stock was trading for as little as .1832 a share and observed a subsequent run of 244% to .63.

More recently, stock made a consolidation down to .401, and as of yesterday had returned back to a high of .544, representing a swing of 36% We’re going to want to keep an eye for TRNX to retest its previous highs and potentially breaking into new territory.



PCT Ltd. PCTL

Finally, PCTL was appearing in our reports quite a bit at the end of last month into the beginning of August. Subsequent to our last alert, the stock ran from .0085 to a new high of .0228, a gain of 168%

There is a patch of resistance around the .029 area that we wouldn’t be surprised to see PCTL test in upcoming sessions.


Fresh Options Ideas: 

JD Weekly 27.50-29.50 Calls
AAP Weekly $140-135 Puts


Extended Watchist: 
EAT, YPF, KTOS, RBZ, TRXC, SGLB,

Blue Horseshoe Stock: More Options Success

General Motors Co. GM

We went very options heavy in our report yesterday morning, updating our readers on the success of ideas we had earlier in the week, and also including a pair of fresh ideas, GM Weekly $40-42 Calls.

We’re pleased to report that all five of the contracts in our designated range produced the opportunity for tangible intraday profits.

$21 Calls – Range: 1.61-2.73 – Max Gain: 70%
$21.50 Calls – Range: 1.00-2.22 – Max Gain: 122%
$22 Calls – Range: .73-1.70 – Max Gain: 133%
$21.50 Calls – Range: .42-1.26 – Max Gain: 200%
$22 Calls – Range: .18-.85 – Max Gain: 372%

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Burlington Stores, Inc. BURL

Also freshly formulated in yesterday’s report was our idea for the BURL Weekly $141-144 Calls, and we were not disappointed on that front either. While the bottom half of the range was pushed too deep into the money for any serious activity, we quickly zeroed in on the top performers, the $143 and $144 Calls.

The $143’s managed a huge run from 1.45-5.80, marking an intraday surge of 300% while the $144‘s posted a range of 1.40-4.00, which works out to a 186% rip.


More Fresh Options Ideas

For the second day in a row we’ll present a fresh pair of options ideas, one longer-term and one for potential day trades today*:

Bank of America BAC 07/20 $29 & $30 Calls
Lululemon Athletica LULU Weekly $111-114 Calls

*Never trade weekly options on a Friday unless you an expert level trader with disposable funds


Extended Watchlist:
ATIS, HEAR, TOPS, SGLB, PETX, AMMA