Friday’s Rippers, Fresh Ideas

Reviewing Winning Options Plays: 

We made our typical attempt at unearthing some winning options ideas on Friday morning, and with a boatload of earnings reporters to choose from we went with Twitter and Snapchat, in addition to some SPY calls, as we were confident in a bullish session for the markets at large.

Our estimation proved accurate as the markets ripped all day long, and that made for some interesting daily gain opportunities in our designated contract sets. Specifically, we were tracking the TWTR Weekly $71.50-73 Calls, the SNAP Weekly $72.50-73.50 Calls, and the SPY 07/23 $436-437.50 Calls.

In each and every case we were afforded the opportunity to log multi-bag intraday gains. The total ranges and moves on those plays were as follows:

TWTR Weekly $71.50-73 Calls
$71.50: .59-1.56 (+164%)
$72: .45-1.24 (+175%)
$72.50: .32-.97 (+203%)
$73: .23-.73 (+217%)
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SNAP Weekly $72.50-73.50 Calls
$72.50:
 2.48-6.44 (+160%)
$73: 2.00-6.05 (+202%)
$73.50: 1.30-5.32 (+309%)
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SPY 07/23 $436-437.50 Calls
$436: 1.22-4.43 (+263%)
$437: .64-3.49 (+445%)
$437.50: .41-2.97 (+624%)


Fresh Options Ideas:
TSLA Weekly $645-650 Calls
HAS Weekly $94.50-96 Calls


Extended Watchlist:
NAOV, IMV, XBIO, DYNT, TYME, IGEX, FERN, CYBL, PHIL, BOTY, EEGI, SDVI, 

Options Recaps, Fresh Plays & More

Thursday’s Options Runners: 

We’re wrapping up yet another fruitful trading week, wherein we had several winners on both the stocks and options side of things. For the second straight session, we hit on two-thirds of our daily fresh options ideas in yesterday’s premarket report.

Our specified targets included the  CSX Weekly $32-32.67 Calls as well as the TXN Weekly $192.50-187.50 Puts. In both cases, we were witnesses to some very nice intraday movement on the chart.

The intraday moves those contract sets posted were highly respectable, allowing for the following single-session gain opportunities:

CSX Weekly $32-32.67 Calls
$32:
 .60-1.23 (+105%)
$32.17: .60-1.00 (+67%)
$32.33: .54-.85 (+57%)
$32.50: .35-.80 (+129%)
$32.67: .25-.70 (+180%)
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TXN Weekly $192.50-187.50 Puts 
$192.50: 6.50-9.85 (+52%)
$190: 3.80-7.50 (+97%)
$187.50: 2.50-5.04 (+102%)


Fresh Options Ideas:
TWTR Weekly $71.50-73 Calls*
SNAP Weekly $72.50-73.50 Calls*
SPY 07/23 $436-437.50 Calls* 

*Please do not attempt to trade options contracts on their day of expiration unless you are an experienced trader with access to disposable funds! 


Extended Watchlist:
SCKT, ALZN, ACOR, NRXP, EGOC, MWWC, INVU, OPTI, FHBC, CYBL, VITX, SDVI

GVSI Breakout, Options & More

Snap, Inc. SNAP – Options Review:

We formulated some options ideas for the SNAP chain in Friday morning’s premarket report. With the help of a solid market push as well as the company’s 1Q earnings beat, we saw some really nice gain opportunities there toward the end of the session to close out the week in a big way.

We were tracking the SNAP Weekly $59.50-61 Calls which recorded the following intraday MEGA-moves for us on the day:

SNAP Weekly $59.50-61 Calls
$59.50: .12-2.20 (+1733%)
$60: .08-1.81 (+2162%)
$60.50 : .05-1.16 (+2220%)
$61 : .03-.79 (+2533%)
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Post-Earnings Options Ideas: 

PFPT 05/21 $170-175 Calls
OTIS 05/21 $70-75 Calls 


Good Vibrations Shoes, Inc. GVSI – Update:

We initially flagged GVSI last Tuesday morning, and on that day the stock was trading for as little as .0036. Volume was high throughout the week and the stock began to run. It hasn’t looked back, as it persisted through subpenny territory and well into Pennyland.

GVSI not only passed a penny, but nearly made it to two on Friday, hitting a new high of .019. That worked out to a four-day upswing of 428% over our observed low! We are also seeing premarket trades over two cents this morning, so the momentum seems to be spilling over into this new trading week.
_____

FBC Holding Inc. FBCD – Speaking of subpenny plays on recent runs. We re-tagged FBCD on Friday, after it initially caught our eye earlier in the month. From a low of .0037, the stock hit .0082, which made for an increase of 122%


Extended Watchlist:
MMEDF, GGII, ABML, PJET, HESG, MMEX, EEGI, SNPW, RETC, SRMX