Solid Stock Calls
These days, our content is typically centered on short-term options trading, but we still provide a healthy mix in the for of stock ideas as well, whether in featured mentions or our daily extended watchlists. We’ve got a couple of updates on such calls this morning.
GrubHub, Inc. GRUB – We placed GRUB on watch roughly seven weeks ago in our report from the morning of November 15th, and since then the stock has trended upward for nearly the entire time.
It saw its low of 38.58 on the same morning of our alert, and yesterday, hit a new high of 57.80. That’s a very respectable increase of 50% which we consider to be an excellent run for a stock in this price range over a period of less than two months.
Dermira, Inc. DERM – It was just shy of a month ago on December 10th that we tagged DERM, and it too has taken off since we put it on our radar. That day it registered a low of 9.56 and hasn’t looked back since, running up to a new high of 19.30 yesterday. That works out to a rise of 102% over our observed low in less than a month!
Constellation Brands, Inc. STZ
We submitted an options idea for the STZ chain as the company dropped its earnings report yesterday, and met with eye-popping performances right away. We had signaled the STZ Weekly $187.50-192.50 Calls, and got some incredible intraday results
STZ Weekly $187.50-192.50 Calls
$187.50: .75-6.20 (+727%)
$190: .40-3.97 (+892%)
$192.50: .25-2.30 (+820%)
Cal-Maine Foods, Inc. CALM
We provided our readers with some bearish options ideas on CALM in our premarket report on Monday morning. We are pleased to be coming back today to update readers on the solid near term gain possibilities that idea produced.
Each and every contract in our designated range, the CALM Weekly $39-37.50 Puts, registered multibag intraday moves yesterday, giving ourselves and our readers the chance at the following gains:
CALM Weekly $39-37.50 Puts
$21.50 Puts: .45-1.42 (+216%)
$22 Puts: .30-.82 (+173%)
$22.50 Puts: .25-.65 (+160%)
$23 Puts: .10-.40 (+300%)
Fresh Options Ideas:
STZ Weekly $187.50-192.50 Calls
BYND Weekly $86-88 Calls & 01/24 $95 Calls
TCCO, JAGX, PRTO, SNSS, CTIB, RGLS, CCCL
The Greenbrier Companies, Inc. GBX
The first thing that jumped out to us on this morning’s routine market scan was GBX. The only company on the earnings calendar with a market cap of more than a billion dollars, it’s also boasting an attractive bottom setup on the chart.
We’re going to tag the GBX 04/18 $30-35 Calls for observation, which gives us a couple of weeks to see more a rebound from the stock, which just began to rise off of in recent;y established 52-lows.
FRESH OPTIONS IDEAS
SPDR S&P500 ETF (SPY) Weekly $287-288 Calls
Constellation Brands, Inc. STZ Weekly $187.50 Calls
InspireMD, Inc. NSPR
We also will be placing another recently struggling stock in NSPR on bottom watch this morning. With it just having registered new 52-week lows yesterday, it would appear there may be slightly further to fall before a rebound is imminent, if we look at the indicators, but we’ll start tracking it now.
The stock was trading at twice this amount barely over a month ago, so the potential for rapidly recovery is also there.
TROV, CNET, DCAR, CRBP, KIQ