More Options Winners
All things considered, things shaped up pretty good for us this week on the options trading front. We had potential gains to report each and every day, and today is no exception. Yesterday morning’s fresh ideas in LLY and ORLY played very nicely in the wake of each company’s quarterly earnings drop.
LLY was the big score, however the ORLY was a longer-term idea with almost a month until expiration, so we may yet see some bigger moves from those in the weeks to come.
LLY Weekly $155-160 Calls
$155: 2.81-7.50 (+158%)
$157.50: .81-5.16 (+297%)
$160: .50-3.10 (+252%)
ORLY 05/15 $390-400 Calls
$390: 7.00-12.46 (+110%)
$400: 7.39-11.00 (+184%)
Fresh Ideas – We’ll also go ahead and form a few fresh ideas to close out the week. We’re seeing insider buys on HAL near its recently established bottom, and we’ve got earnings reports from AXP and that are driving early activity in those plays.
Haliburton Co. HAL 05/29 $10-11 Calls
American Express Co. AXP Weekly $83-85 Calls
Edwards Lifesciences Corp. EW Weekly $225-235 Calls
TLSS, OZSC, SHIP, CTRM, UNT, VAL, WLL
Inpixon INPX – Review
On December 2nd, we included a mention of INPX in our premarket report, and after searching out its bottom for roughly week following that report, the stock reversed and has been soaring ever since.
In the exactly one month since our alert on this stock, we have now witnessed it trade in a range from a low of .037 up to yesterday’s incredible new high of .39, for an increase of 954%. Its performance was the single biggest daily gainer on the NASDAQ yesterday.
OWC Pharmaceutical Research Corp. OWCP – Update
We keeping having to come back, around to OWCP pretty much every day this week, because this bullish stock continues to set new high marks for us!
As we were just mentioning yesterday, our initial alert came in at .028 the day after Christmas, and after repeatedly setting new highs, yesterday the stock reached a very impressive .1539. That works out to an overall rise of 450% in just one week’s time.
Fresh Options Ideas:
Lamb Weston Holdings, Inc. LW 01/17 $85-90 Calls
Jefferies Financial Group, Inc. JEF 01/17 $20-22 Calls
ZN, CEI, CREG, VAL, NOG, HSDT, PDS, TRNX, ROYT