Tag: STZ

Looking for a Big Start to the Week

The Clorox Co. CLX – Recap

Our sole fresh options trading idea on Friday was in the CLX chain and came on the heels of the company’s earnings drop. Bleach definitely has a big role to play during the coronavirus pandemic based on a need to keep surfaces as disinfected as possible, making this a high synergy play.

The single-session gains our idea produced during Friday’s session are certainly indicative of that, with huge multi-bag rips across the board:

CLX Weekly $190-195 Calls
$190: .90-7.50 (+733%)
$192.50:  .63-5.69 (+801%)
$195: .41-3.33 (+712%)
_____

SPDR S&P500 (ETF) SPY – Recap

We also have the final highs and total ranges on the group of SPY Puts that we signaled in Thursday morning’s premarket report. Those also turned out to be a great success, with two-day moves which also reached multi-bag status.

SPY 05/04 $291-288 Puts
$291: 2.49-9.50 (+282%)
$290:  2.14-8.60 (+305%)
$289: 1.84-7.75 (+321%)
$288: 1.54-7.00 (+355%)

Fresh Options Ideas:
BUD 09/18 $45-55 Calls
STZ 07/17 $170-180 Calls
CGC Weekly $16-16.50 Calls
TLRY Weekly $7-7.50 Calls
TSN Weekly $57-55 Puts 

Extended Watchlist:
TGHI, GMEV, BYZN, WARM, RTTR, APDN, NNVC, YGYI, OGEN, PRTY

More Huge Gainers!

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%)

CALM Update, Fresh Ideas

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

Extended Watchlist:
TCCO, JAGX, PRTO, SNSS, CTIB, RGLS, CCCL