PepsiCo, Inc. PEP
Pepsi had a solid across the board beat following its premarket earnings release yesterday, and we seized opportunity to include the PEP Weekly $124-125 Calls in our morning report.
A five-dollar intraday run by the stock allowed for some very nice opportunities to profit in our pair of targets. The $124 Calls ran from .72-3.40 for a big 372% rip, while the $125′s traded from .32 to 2.45; a gain of 666%
Verb Technology, Inc. VERB
This stock is a newcomer to the NASDAQ, having only recently uplisted from the OTCQB, which has been the subject of a selloff over the past six weeks. That was kicked into another gear earlier this month when the company announced that its move to the NASDAQ would be accompanied by a $20M offering at roughly half the market price at the time.
Now that it has fallen well below the offering price, and indicators are suggesting a rebound may be in order, we are going to flag this play for observation in the days and weeks ahead.
FRESH OPTIONS IDEAS
United Rentals Inc. URI Weekly $134-136 Calls
Union Pacific Corp. UNP $167.50-175 Calls
MARA, AMRS, BGNE, GOGO, TNXP, NSPR