Options Review:
In yesterday morning’s report, we followed up Friday’s flawless options interests with another clean sweep of our board. The first half of the session featured quite a bit of volatility for the markets as a whole, allowing for some pretty nice intraday swings for our designated options targets. NKE and TCOM ran into their post-market earnings. NKE beat on earnings but slipped on sales, while TCOM looks in good shape after China loosened its COVID travel restrictions. We’ll be monitoring those closely today again.
The plays we signaled interest in tracking yesterday were the NKE Weekly $113-115 Calls, the TCOM 07/15 $24-26 Calls, and the SPY 06/27 $389-391 Calls. All of those experienced noteworthy moves, and additionally, the DRI 07/15 $120-125 Calls that we flagged this past Thursday also extended its run and posted new highs, which you’ll find below. The overall moves and total possible profits so far on those plays amount to the following:
NKE Weekly $113-115 Calls
$113: 3.00-3.80 (+27%)
$114: 2.70-3.30 (+22%)
$115: 2.30-2.95 (+28%)
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TCOM 07/15 $24-26 Calls
$24: 1.50-1.90 (+27%)
$25: 1.05-1.40 (+33%)
$26: .75-1.00 (+33%)
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SPY 06/27 $389-391 Calls
$389: 1.25-2.67 (+113%)
$390: .87-1.98 (+128%)
$391: .60-1.38 (+130%)
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DRI 07/15 $120-125 Calls
$120: 1.85-5.20 (+181%)
$125: .80-2.51 (+214%)
Fresh Options Ideas:
SPY 06/29 $390-392 Calls
CHK 07/15 $85-90 Calls
AXSM 08/19 $35-30 Puts
Plandai Biotechnology, Inc. PLPL – OTC Recap:
It was our report from the Thursday before last in which we most recently flagged PLPL in our watchlist. On that day the stock was trading for as little as .0007. Yesterday, PLPL ran as high as .0018, representing an increase of 157% over our observed low, and extended an unusually positive trend from many of the OTC stocks we’ve been placing on our watchlist.
Extended Watchlist:
AABB, ILST, NPSNY, GTCH, ELEMQ, TGGI, GOFF, WNDW, EVFM, AGRX, KZR, TOUR, WEJO