Thousand Percent Thursday, 4 New Ideas

Reviewing Thursday’s Movers:

We’ve been keeping things tight around here all week, and Thursday’s premarket report was no different. As the final two holidays of the year approach, we are sure to experience a brief lull in reported earnings, but have thus far managed to unearth a few gems. As always we’ll work to come forth with potential trading ideas on each and every trading day, even if we have to get more creative. We had some good targets yesterday, and saw some great results, including a thousand percent intraday upswing in one of our targets.

Yesterday’s highlighted possibilities were the MU Weekly $83-85 Calls, the KMX Weekly $79-81 Calls, and the SPY 12/21 $470-471 Calls. Here were the intraday runs they posted for us:

MU Weekly $83-85 Calls
$83:
 .98-3.02 (+208%)
$84: .57-2.12 (+272%)
$85: .31-1.40 (+352%)
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KMX Weekly $79-81 Calls
$79: .50-.88 (+76%)
$80: .30-.51 (+70%)
$81: .15-.30 (+100%)
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SPY 12/21 $470-471 Calls
$470:
 .47-2.97 (+532%)
$471: .18-2.00 (+1011%)


Fresh Options Ideas:
NKE 01/05 $108-110 Calls
MARA Weekly $25-26 Calls*
COIN Weekly $168-170 Calls*
DLTR Weekly $135 Calls*


*Only experienced traders should attempt to trade options contracts on their day of expiration


Extended Watchlist:
NWBO, MCOM, AITX, SONX, IFUS, RMCO, SMFL, ASST, ONCO, SNES

Options Runners, FIVE Fresh Ideas

Massive Options Success:

We stayed on our top game yesterday morning, signaling a set of four brand new options ideas to track, as we were relishing the perfect record we put forth on Monday. Well, we managed to pull off yet another clean sweep of our board, with all of our designated contracts posting big intraday runs for us.

Those targets were the SPY 10/19 $374-376 Calls, the GS Weekly $312.50-317.50 Calls, the JNJ Weekly $167.50-172.50 Calls, and the STT Weekly $65-67.50 Calls. No matter which chain or strike point was chosen by traders there were ample opportunities to increase their daily bread, and in some cases, double or even triple that money! Here’s how those moves broke down by contract:

SPY 10/19 $374-376 Calls
$374:
 .65-1.77 (+172%)
$375: .47-1.40 (+198%)
$376: .35-1.05 (+200%)
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GS Weekly $312.50-317.50 Calls
$312.50: 6.85-12.67 (+85%)
$315: 6.08-11.00 (+81%)
$317.50: 4.85-8.86 (+83%)
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JNJ Weekly $167.50-172.50 Calls
$39.50: .27-1.48 (+448%)
$40: .09-.67 (+644%)
$40.50: .03-.31 (+933%)
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STT Weekly $65-67.50 Calls
$65: .25-1.20 (+380%)
$67.50: .12-.45 (+275%)


Fresh Options Plays:
NFLX Weekly $265-275 Calls
ASML Weekly $405-420 Calls
PG Weekly $129-131 Calls
UAL Weekly $39-40.50 Calls
ISRG Weekly $210-217.50 Calls


Extended Watchlist:
NLST, GTII, NSAV, ENZC, LTMAQ, TONR, XCPL, NEXCF, CRTD, ZVO, SOBR, KTRA, SNES, MNTV, LMAO

Blue Horseshoe Stocks: Form-4 Plays & More

SPDRA S&P 500 ETF (SPY) – Recap

Our first order of business this morning is to share the performance of the options we alerted on in Friday morning’s report. Those targets were the SPY Weekly $290-291.50 Calls, and they produced some very nice single session gain opportunities for ourselves and our readers.

We have typically been very good playing the SPY in the past, and this time was no different, The gains that were on the table were as follows:

$290 Calls – Range: .34-1.04 – Max Gain: 206%
$290.50 Calls – Range: .12-.58 – Max Gain: 383%
$291 Calls – Range: .20-.46 – Max Gain: 130%
$291.50 Calls – Range: .08-.19 – Max Gain: 138%



Francesca Holdings Corp. FRAN
& Amicus Therapeutics, Inc. FOLD

This morning we noticed that FRAN is exhibiting a number of traits that we normally keep a lookout for. The stock is coming off of a bottom with a large gap on the chart, and on Friday, the CEO filed a Form-4 for the purchase of 10,000 shares near the stock’s lows.

This is often a sign of high internal confidence in the stock’s ability to rebound, so we’re going to place FRAN on recovery watch in the days and weeks ahead.
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FOLD is another play which also currently boasts a bottom setup, with a significant amount of insider buying taking place on Thursday at its lows. We’ll definitely want to keep this one on watch as well.


Extended Watchlist:
ACBFF, TLRY, CGC, TPIV, SNES, NSPR