Schnizter Steel Industries, Inc. SCHN – Review:
In yesterday morning’s premarket report, our lone fresh options idea was an earnings based target in the SCHN chain, the SCHN 04/16 $42-43 Calls, submitted on the heels of the company’s Q2 earnings report.
We were met with a choppy day for the markets as a whole, but that didnt stop SCHN from providing us with the firepower to make some very respectable intraday gains.
Here are the figures on the ranges and total possible profits on these plays subsequent to our premarket alert:
SCHN 04/16 $42-43 Calls
$42: 1.10-2.11 (+92%)
$43: .75-1.60 (+113%)
Winnebago Industries, Inc. WGO – Recap:
We’ve also seen an incredible move out of the WGO idea thatg we put forth a couple of weeks back. It was on March 24th that we initiated our idea on the WGO 04/16 $80-85 Calls. The very next day, WGO began an ascent up the chart that has persisted all the way through this week.
As a result, our ideas, and particularly the $80 Calls, have exploded in a huge way. With a percentage increase of over six thousand, those calls have become one of our best calls of this year so far!
WGO 04/16 $80-85 Calls
$80: .05-3.40 (+6700%)
$85: .37-1.13 (+205%)
Fresh Options Idea:
STZ Weekly $322.50-227.50 Puts
TXTM, INND, IRNC, SPQS, FBCD, NUUU, ADHC, MTRI,