Trend-Bucking Runners & More

Options Reviews:

Despite a really tough day of selling off for the markets as a whole, we still fared pretty well with our fresh ideas in yesterday morning’s premarket report. With the exception of a longer term idea on ASAN that will need some more time to mature, everything else posted some good intraday figures.

We’re talking about the PFSI 12/17 $65 Calls, BBW 12/17 $17.50 Calls, and the AMBA Weekly $197.50-207.50 Calls. Here were the intraday moves and total possible gains on the session for those targets:

PFSI 12/17 $65 Calls 
$65: .70-2.05 (+192%)
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BBW 12/17 $17.50 Calls
$17.50:
 1.90-5.70 (+200%)
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AMBA Weekly $197.50-207.50 Calls 

$197.50: 12.95-28.50 (+120%)
$200: 9.10-26.82 (+194%)
$202.50: 11.30-22.00 (+95%)
$2055: 7.77-22.58 (+191%)
$207.50: 6.90-20.80 (+201%)
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Fresh Options Ideas:
KR Weekly $41-42 Calls
SNOW Weekly $335-350 Calls
OKTA Weekly $197.50-205 Calls


Susglobal Energy Corp. (OTCQB:SNRG) – Update:

As we were just mentioning, the markets took a real beating yesterday, but despite that fact, SNRG recorded a respectable intraday move running 33% from .21-.28 on the day. It also registered the third biggest volume day since we began tracking it at the beginning of last month. This came just a day after the company was featured in a write-up posted to USA TODAY’s website, as we mentioned in Tuesday morning’s premarket report.

As you can see on the chart below, SNRG has been steadily building higher base levels of support over the last several weeks and indicators seem to suggest that the days and weeks ahead could get very interesting. Stay tuned for more updates as they become necessary.


Extended Watchlist:
CFVI, PHUN, DWAC, ABUS, OMER, BA, TGGI, QMEI,  

Breaking for Thanksgiving on a High Note

Another Solid Options Effort:

We took a bold stance in yesterday morning’s premarket report, going bearish on all three sets of options ideas we formulated for the session. While all three target stocks turned in green candles on the day, the first couple hours of the session definitely played into our hands nicely. There were substantial opportunities for gains on the table for all three of our interests.

We were targeting the URBN Weekly $35-33 Puts, the DLTR Weekly $132-130 Puts, and the BBY Weekly $122-119 Puts. The following are the morning ranges and total possible profits that could have been attained off of these ideas:

URBN Weekly $35-33 Puts
$35:
 1.70-3.20 (+88%)
$34: .90-2.30 (+156%)
$33: .55-1.55 (+181%)
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DLTR Weekly $132-130 Puts
$132: .26-.77 (+196%)
$131: .20-.45 (+125%)
$130: .17-.44 (+159%)
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BBY Weekly $122-119 Puts

$122: 4.25-7.25 (+70%)
$121: 3.00-5.60 (+87%)
$120: 3.00-5.73 (+92%)
$119: 2.62-4.99 (+90%)


Fresh Options Ideas:
DE Weekly $352.50-360
FUTU Weekly $54-57 Calls
HPQ Weekly $33-35 Calls


iSpecimen, Inc. ISPC – Recap:

On Monday morning, we tagged ISPC in our watchlist, and that stock went on to make a nice intraweek move.

From a low of 8.06, the stock ran as high as 18.50. That works out to an increase of 130% which is an excellent short term move for a NASDAQ stock in this price range. In those two sessions. ISPC has traded roughly ten times its 30-day average volume.


Extended Watchlist: 
OCUP, BFRI, GAME, IINN, LGVN, BIOL, SOPA, PTN, SNPW, PUGE, TGGI, JPEX, IVDA, SMCE

Big Name Earnings Reporters & More

TJX, LOW Options Recap:

We’re cruising right along on the options front this week, with the earnings calendar having presented us with a lot to look at each morning. Today looks to be no different with several big name reporters on the slate.

First, we’ll go over the activity in the new ideas we formulated in yesterday morning’s premarket report, which produced a few winners. Apart from the BIDU Calls we were watching which weren’t very impressive, we were tracking the TJX Weekly $71-73 Calls, and the LOW Weekly $250-255 Calls, both of which produced significant intraday movement and profit opportunity.

Here are the ranges and total possible gains that could have been realized on the day:

TJX Weekly $71-73 Calls
$71:
 3.75-5.50 (+47%)
$72: 3.01-4.55 (+51%)
$72.50: 2.41-4.00 (+66%)
$73: 2.06-3.60 (+75%)
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LOW Weekly $250-255 Calls
$250: .99-2.46 (+148%)
$252.50: .65-1.50 (+131%)
$255: .46-.95 (+107%)


Fresh Options Ideas: 
NVDA Weekly $312.50-317.50 Calls
KSS Weekly $60-62 Calls
VSCO Weekly $50-55 Calls
M Weekly $31-33 Calls


Extended Watchlist: 
GTLL, AHFD, EVTV, TGGI, VYGVF, SEV, CRDF, RAAS, DRNA