Incredible Options Trading Week!

Another Big Options Trading Week

UnitedHealth Group, Inc. UNH – We were just reporting on the solid gains made by our UNH idea yesterday, the UNH Weekly $270-277.50 Calls. It was a see-saw kind of a day for the markets at large, but there was still plenty of opportunity for us to increase our observed ranges on these plays since we began tracking them Wednesday morning:

UNH Weekly $270-277.50 Calls

$270: 6.00-26.50 (+342%)
$272.50: 4.21-26.00 (+518%)
$275: 3.30-20.00 (+506%)
$277.50: 2.39-21.40 (+795%)

_____

Johnson & Johnson JNJ –  We’ve also been following the JNJ 09/18 $150-155 Calls since last Tuesday morning, and like the play above, are returning for the second straight day to highlight the impressive gains we’ve witnessed thus far:

  JNJ 09/18 $150-155 Calls
$150: 2.90-10.17 (+251%)
$155: 2.27-7.50 (+230%)
____

The success with our options calls just kept coming this week, and that includes a pair of our ideas that were fresh for yesterday morning. We signaled interest in calls in the ABT and TSM chains, and saw some really nice moves there as well.

ABT Weekly $90-92.50 Calls
$90: 2.00-7.10 (+255%)
$92.50: .85-5.00 (+488%)
_____

TSM Weekly $50-52 Calls
$50: 1.86-3.16 (+70%)
$50.50:1.55-2.50 (+61%)
$51: 1.30-2.15 (+65%)
$51.50: .57-1.70 (+198%)
$52: .65-1.26 (+94%)

_____

More Fresh Ideas: 
STT Weekly $60-65 Calls*
KSU Weekly $136-140 Calls*

*Never trade options with a weekly expiration on Friday unless you’re an expert level trader with access to disposable funds!


Moderna Inc. MRNA

We began tracking MRNA at the end of February, initially tagging the stock on February 27th and then again on March 16th. After seeing a low of 19.31 following that report, MRNA has been making steady headway in its run up the chart which has persisted for more than a month now.

Yesterday we saw a new recorded high of 41.55, which represents an overall increase of 115% since we began following the activity in MRNA.


Extended Watchlist:
CBDL, TURV, CNBX, DECN, GLGI, PWRMF, SBES, PCTL

Blue Horseshoe Stocks: New Options Ideas

Jammin Java Corp. JAMN

We’d like to radar a familiar old play that we haven’t taken a close look at in nearly a year. JAMN, over the course of the past couple of months, has tumbled its way back to bargain-basement prices.

Now a subpenny play attempting to get a leg up over newly-registered 52-week lows, we’re going to be observing the stock for a potential recovery in sessions to come, as regaining just a fraction of the ground it’s lost recently could spell multi-bag upswings from current PPS levels.


Fresh Options Ideas

We’ve got a couple of new ideas on the options trading front this morning, and based on positioning on their charts, both of the following stocks may also be ripening for possible swing-trade opportunities.

Ford Motor Co. F – In addition to a slight ascending wedge pattern, F has a sizable gap to the upside not far off of the current pricing. Additionally, short interest on the stock has decreased by a large margin, setting us up to track some potential options ideas to correspond with what we think should be some upward momentum in coming sessions.

Along with F stock itself, we’re going to be tracking the F 10/14 $12-13 Calls for possible swing trades.
__________

Freeport-McMoRan, Inc. FCX – We’re interested in this copper play for a couple reasons this morning. A huge asset sale valued at roughly $2B hitting the newswires (>>Read More) is what has drawn our attention to FCX, in conjunction with a bottom bounce signal off of 5-month support levels on the chart.

We’ll be on the lookout for chances in the FCX 10/14 $11-12 Calls. Like the previously mentioned play, time won’t be as much of a factor here, with just over a month until these contracts are set to expire.


Extended Watchlist:
KTOS, NUGN, TURV, AGTK, TPLM

Blue Horseshoe Stocks: SGBY Recap & More

Signal Bay, Inc. SGBY

SGBY was one of last week’s top plays for us. We alerted the play at the beginning of the short week on Tuesday, and it responded with four straight sessions of higher highs and higher lows.

Friday’s move-up brought the stock from a daily low of .02 to a new high of .03, a 50% intraday gain. We had observed an ultimate low in the stock on Tuesday of .0103, meaning that over the course of the week, the total increase on SGBY was 191% Cheers to go out to anyone who was following along with us on this play.

With the kind of momentum the stock has built up at this point, we’ll be certain to reserve it a space on our watchlist as we kick off a fresh, full-length week.


VelocityShares Daily 2X VIX ST ETN (TVIX)

Our decision to submit TVIX to our morning report for tracking on Friday turned out to be a good one. The ETN is an inverse analog to the overall markets, and with a pretty good backslide for stocks, it consistently pushed the envelope all day.

It started by opening at 19.88 and spent the remainder of the day in perpetual uptick-mode. TVIX bulled its way to a daily high of 24.57 for an intraday move of 24% which is quite a solid jump for this price range.

TVIX appears to want to gap up further this morning, with a premarket high of 26.21. A continued backslide for the markets at large would certainly add to the gains we’ve already observed.


Two Rivers Water & Farming Co. TURV

We also want to swing back around to congratulate readers who picked up on our tag of TURV on Thursday, as we were met with a solid opportunity from this gainer as well.

From our observed low of .28 the stock managed to reach .50 Friday afternoon, marking an excellent two-day swing of 79% We’ll stick around and remain interested in TURV moving forward, provided it maintains support at or above .34 on any pullbacks.


Extended Watchlist:
ONOV, APVO, TPLM, EARS, AST