4-Pack of Fresh Options Plays & More

Options Runners:

We offered up a selection of four sets of options ideas in yesterday morning’s premarket report, and despite a generally crumby day for the markets as a whole, all four of our targets enjoyed nice moves early on in the session.

We were looking at the UBER Weekly $41-43 Calls, the DIS Weekly $150-157.50 Calls, the TWLO  Weekly $220-230 Calls, and the LIN Weekly $300-310 Calls. They all ran for respectable gains right out of the opening gate before things went south for the day.

Here were the ranges and total possible gains for anyone who was waiting with their finger on the trigger:

UBER Weekly $41-43 Calls
$41: 1.29-2.50 (+94%)
$42: .88-1.89 (+115%)
$42.50: .70-1.62 (+131%)
$43: .55-1.44 (+162%)
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DIS Weekly $150-157.50 Calls
$150:
 3.50-5.00 (+43%)
$152.50: 2.30-3.51 (+53%)
$155: 1.45-2.33 (+61%)
$157.50: .91-1.53 (+68%)
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TWLO  Weekly $220-230 Calls
$220: 9.58-17.03 (+78%)
$222.50: 8.43-13.16 (+56%)
$225: 7.52-14.00 (+86%)
$227.50: 6.68-12.29 (+84%)
$230: 5.55-11.38 (+105%)
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LIN Weekly $300-310 Calls
$300: 11.50-16.82 (+46%)
$310: 4.70-8.60 (+83%)


Fresh Options Ideas:
EXPE Weekly $202.50-207.50 Calls*
F Weekly $17.50-18 Calls*
NET Weekly $119-122 Calls*
HUBS Weekly $570-590 Calls*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!


Extended Watchlist:
MODD, ORPH, KAVL, ZG, DCFC, CTRM, BRGO, JPEX, UVSS, SPONF, ABQQ, ILST, ICBU

2657% Gain on AMAZ!

Amazing Energy Oil & Gas, Inc. AMAZ – Another Update 
.
We were just mentioning our idea for AMAZ yesterday, that we initially flagged for observation at the end of April. We had also put a reminder in Monday’s extended watchlist. Despite already seeing a 1000%+ move, the stock wasn’t finished, and it put on quite a show yesterday.

The stock hit a new high of .0386, which from our observed low of .0014 less than a month ago, represents an absurd increase of 2657% which isn’t the highest, but certainly one of our top gainers of 2020 so far.


US Steel Corp. X – Options Update

We placed an options idea for the US Steel chain in yesterday morning’s premarket report on the heels of the company’s quarterly earnings drop.

Specifically, our targets were the X Weekly $8.50-9 Calls and while the gains observed weren’t eye-popping by any stretch of the imagination, they were still solid, and based on premarket activity today we expect to see these pile on even more gains at the open.

In the meantime, here’s the activity in those plays for yesterday’s session: 

X Weekly $8.50-9 Calls
$8.50: .23-.38 (+65%)
$9: .07-.12 (+71%)
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Fresh Ideas:
CBRL Weekly $110 Calls
CRWD Weekly $100 Calls  


Extended Watchlist:
TPTW, IGEN, TCHC, SPONF, HUGE