Another Clean Sweep on Options

Recapping Yesterday’s Options Ideas 

We offered three fresh options ideas in yesterday morning’s premarket report, going bullish on YY, and bearish on BIDU and HD. With a little help from the overall dip-and-rip of the markets \themselves, these earnings plays provided us with some very nice intraday gain chances.

Our specific targets were the YY Weekly $102-104 Calls, the BIDU Weekly $145-140 Puts, and the HD Weekly $277.50-275 Puts. Their daily ranges and potential gains were as follows: 

YY Weekly $102-104 Calls
$102
: .90-2.48 (+176%)
$103: .45-2.25 (+400%)
$104: 2.00-5.70 (+185%)
_____

BIDU Weekly $145-140 Puts
$145
: 2.66-5.00 (+88%)
$144: 2.06-4.25 (+106%)
$143: 1.77-3.50 (+98%)
$142: 1.60-2.91 (+82%)
$141: 1.11-2.73 (+146%)
$140: .85-1.88 (+121%)
_____

HD Weekly $277.50-275 Puts
$277.50
: 6.00-8.51 (+42%)
$275: 3.70-6.55 (+77%)


Fresh Options Ideas:
BA Weekly $210-220 Calls
TGT Weekly $165-167.50 Calls 
LOW Weekly $152.50-149 Puts
LZB Weekly $40 Calls 


Extended Watchlist:
MPLN, MAPT, NPHC, ALPP, GDLC,

Winning TGT Calls & More

Target Corp. TGT

Our targets within the Target options chain have been rather kind to us this week. On Wednesday morning, we established the TGT Weekly $143-146 Calls 
as our primary interests, and yesterday in our premarket report, we rolled up our strike areas to include the include the TGT Weekly $150-155 Calls, as well.

We’ll finish up the week this morning by updating the highs and total possible gains from Thursday’s ideas as well as highlighting the single session performance of our updated targets as well:

TGT Weekly $143-146 Calls 
$143: 4.45-13.00 (+192%)
$144: 3.35-11.76 (+251%)
$145: 3.00-11.06 (+269%)
$146: 2.50-9.96 (+298%)

TGT Weekly $150-155 Calls
$150:
 4.05-6.25 (+54%)
$155: 1.26-2.37 (+88%)


Fresh Options Ideas: 
BKE Weekly $15-17.50 Calls*
FL Weekly $27.50-28.50 Calls*
DE Weekly $192.50-197.50 Calls*

*Please do not attempt to deal with weekly options on a Friday unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
RBII, LCDX, GRST, GLCO, TPTW

Options Reviews, New Ideas

Options Recaps:

Our only new idea and primary target yesterday was Target, which performed incredibly well on the day. We had signaled interest in the TGT Weekly $143-146 Calls in our morning report, and those produced some serious multibag gain opportunities.

Here are the total profits that were available to anyone that had caught our premarket report:

TGT Weekly $143-146 Calls 
$143: 4.45-11.70 (+163%)
$144: 3.35-10.65 (+218%)
$145: 3.00-9.81 (+227%)
$146: 2.50-8.80 (+252%)

We are also going to want to stay close to the action as TGT continues to show strength. We are going to roll up to include the TGT Weekly $150-155 Calls, which we will track into the end of the week tomorrow.


Aureus, Inc. ARSN 

We had also tagged ARSN in yesterday morning’s extended watchlist, and multibag gains were to be had there as well. We witnessed a low of .0025 before it ran up to .0067, for an intraday push of 168% that came on an all-time record volume of 427.3M shares.

An interesting factoid on ARSN: The stock actually represents the original dairy company that the Yeungling family established during Prohibition to supplement the losses from their world-renowned brewing business.


Options Ideas:
BJ Weekly $40-45 Calls
LB Weekly $29-30 Calls


Extended Watchlist:
TPTW, PAOG, CZNI, LQMT, MENEF