Options Gains, Fresh Idea

Trip.com Group Ltd. TCOM

We’ve been tracking a set of calls in the TCOM chain since Friday morning, when we alerted on the TCOM 10/16 $27-29 Calls. Leading into yesterday’s session they had recorded some modest gains, and for the second session in a row yesterday we saw higher highs.

Here are the total ranges and potential profits that our TCOM targets have netted over two trading days: 

TCOM 10/16 $27-29 Calls 
$27: 2.62-4.40 (+68%)
$28: 1.88-4.16 (+121%)
$29: 1.18-3.20 (+171%)


Uber Technologies Inc. UBER

We also had some fresh ideas in yesterday’s report, one of which being in the UBER chain. We signaled interest in tracking the UBER Weekly $34.50-36 Calls and all four of those sets posted some respectable upswings on the day:

UBER Weekly $34.50-36 Calls
$34.50
: 1.36-2.29 (+68%)
$35: 1.02-1.90 (+86%)
$35.50: .73-1.54 (+111%)
$36: .58-1.22 (+110%)


Fresh Options Idea: 
MKC 10/16 $195 Puts 


Extended Watchlist:
CLIS, CLOW, UEEC, OZSC, GAXY, GAHC

Fresh UBER Calls & More

Invesco Solar (ETF) TAN – Recap

On Thurday’s morning, we were getting strong bullish signals from the solar sector, and in order to stay on top of that trend we decided to track a set of options ideas in the TAN chain, with TAN being to the solar space what the SPY is to the markets as a whole.

Our targets were the TAN 10/16 $54-56 Calls and we saw some very nice activity from those plays on Friday.

TAN 10/16 $54-56 Calls
$54: 3.10-4.60 (+48%)
$55: 1.90-4.21 (+122%)
$56: 1.75-3.60 (+106%)
_____

We also had signaled the TCOM 10/16 $27-29 Calls for observation on Friday morning, and those saw some solid intraday gains.

TCOM 10/16 $27-29 Calls 
$27: 2.62-3.47 (+32%)
$28: 1.88-2.81 (+49%)
$29: 1.18-2.06 (+75%)


All American Gold Corp. AAGC

We will also provide an update on AAGC which we mentioned on Wednesday morning. We observed a subsequent low of .0008 and to close out the week with a bang, the stock hit a new high of .0024.

This subpenny runner amounted to potential gains of up to 200% and was a good diversion from our typical big board options interests.


Fresh Options Ideas: 
THO 10/16 $100-105 Calls
UBER Weekly $34.50-36 Calls


Extended Watchlist:
PASO, CLOW, WOGI, GNBT, VST, 

Closing Out Another Positive Trading Week


Just Energy Group Inc. JE

We placed a big focus on solar energy yesterday morning, with our watchlist containing several targets in that market space. One of which was JE, which produced a multibag run on the day, trading up from a low of .352 and hitting .81. That works out to an intraday move of 130%

This play actually came courtesy of Mark, one of our daily traders chat room members. We encourage our other readers to engage with our daily live chats on Skype- participation is open to everyone. We cover a lot of good ground on a daily basis. Simply send a contact request on Skype to the user ‘stocksumo’ and we’ll get you set up!


Invesco Solar (ETF) TAN

One of yesterday’s other solar plays was the TAN 10/16 $54-56 Calls that we signaled from the Invesco solar index in our report. The $54’s got pushed a bit too deep in the money, but the $55-56’s produced some solid intraday moves for us.

The $55 Calls ran from 2.35-3.07 for a gain of  31%, while the $56’s posted a rise from 1.95-2.80, which works out to 44%



All American Gold Corp. AAGC

We also want to track back to AAGC, a subpenny stock we flagged on Wednesday morning. In the two ensuing sessions, it has managed two notable swings.

It ran first from .0009-.0018, an upswing of 100% and then pulled back to .0008 before once again making a move to .0017, marking a 112% rip.


Fresh Options Ideas: 
TCOM 10/16 $27-29 Calls
BABA Weekly $270-267.50 Puts 


Extended Watchlist:
ADOM, CBAT, CEI, HYSR, JETR, PMCB, SHOM