Clean Sweep on Options Winners

Options Success Across the Board:

What a way to head into the end of the week, as we cruise in on this lovely Friday morning with a full slate of successful earnings related options ideas! We don’t call it out bread and butter for nothing. Every single idea that we signaled for observation in yesterday’s premarket report produced big time chances for solid single session gains.

We were tracking after the SPY 05/20 $390-388 Puts, the KSS Weekly $41-39 Puts, the BJ Weekly $55 Calls, and the SNPS Weekly $270-280 Calls. Out of all those potential targets, just one contract set in the SNPS chain failed to produce double-bag gains. The total figures on those plays were as follows:

SPY 05/20 $390-388 Puts
$390:
 1.97-4.17 (+112%)
$389: 1.55-3.63 (+134%)
$388: 1.41-3.15 (+123%)
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KSS Weekly $41-39 Puts
$41:
 .80-1.82 (+128%)
$40: .50-1.30 (+160%)
$39: .38-.99 (+161%)
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BJ Weekly $55 Calls
$55: 1.65-5.10 (+209%)
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SNPS Weekly $270-280 Calls
$270: 20.30-34.03 (+67%)
$280: 10.00-25.82 (+158%)


Fresh Options Ideas:
FL Weekly $29-31 Calls*
PANW Weekly $475-487.50 Calls*
DE Weekly $360-350 Puts*

*Trading options on their day of expiration can be risky. Please don’t try it unless you are well-versed in options trading 


Extended Watchlist:
UCPA, RMSL, PACV, GSFI, VRUS, RVVTF, XCUR, 

Longer-Term Options Idea, Other Updates

PennyMac Financial Services Inc. PFSI – Options Review:

Not all of our daily options ideas are meant to be rapid strike plays, as we often include potential targets that have weeks or even months until expiration. One such ‘longer-term play’, as we typically refer to them, is in the PFSI chain. A little under two weeks ago, in our report from the morning of the 2nd, we signaled interest in a single contract set, the PFSI 12/17 $65 Calls.

On the day of that alert, they posted a low of .70, and after a series of bullish sessions, yesterday culminated into a new high of 4.77. That represents an upswing of 581% in a span in just eight trading days!


Fresh Options Ideas:
SPWH 04/14 $15 Calls


KYN Capital Group, Inc. KYNC – Recap:

On the stock side of things, we wanted to swing back around and recap the move we’ve witnessed in KYNC following our first of several tags of the stock in our premarket reports, on the morning of December 1st.

On that day two weeks ago, we saw KYNC trading for as little as .0035/share, and as of yesterday it had run as high as .0114, which brings our overall observed increase to 226%


Extended Watchlist:
IGMS, CEHD, VRUS, GAXY,  GTII, ICOA, JPEX, TONR, SPWH, TCOM

Big Winners, More New Ideas

iBio, Inc IBIO – Update

It was just this past Thursday morning that we were mentioning our great success in tracking IBIO to multibag gains, beginning when we first highlighted it as a potential coronavirus play on March 17th. We subsequently observed a low of .76, and as of our followup last week, it had produced an increase of over 400%

That was before yesterday, in which IBIO took the #3 top gainer spot on the NASDAQ, and broke out to yet another impressive new high of 7.43. That extends the gain we’ve seen on this play since our initial alert to a mammoth 878%  Even as other stocks representing COVID-19 vaccine candidates have been flagging of late, IBIO has continued its impressive uptrend, and we’re excited to see where it goes from here.


Microsoft Inc. MSFT

One of our options ideas from yesterday morning’s report fared quite well during the session, and based on the way things look in the premarket today, we expect to see further increases in our target contracts.

Those were the MSFT Weekly $205-210 Calls and they got off to a really good start with some solid intraday gains: 

MSFT Weekly $205-210 Calls
$205: 6.70-11.30 (+69%)
$207.50: 5.65-10.10 (+79%)
$19: 4.75-8.75 (+84%)

We also want to roll up to include the MSFT Weekly $212.50-215 Calls in our watchlist.
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Fresh Options Ideas:
PM Weekly $74.50-76 Calls
LMT Weekly $370-380 Calls
IBM Weekly $130-132 Calls
PLD 08/21 $100-105 Calls


Rising Biosciences, Inc. RBII

Another mention from yesterday morning’s premarket report was RBII, and that too exhibited a very nice move on the day.

We have been bringing some of our focus back to OTC stocks quite a bit more in 2020, and this is another in a growing line of solid calls on that front. The stock traded from a low of .003 mand went on to hit .0068, for an intraday rip of 127%


Extended Watchlist:
SBFM, GOVX, TTCM, VRUS, CYDY