Month: December 2019

PLCE Options Recap & More

The Children’s Place, Inc. PLCE – Update 

As a result of the insider buying we discovered at a bottom on PLCE yesterday, we placed a pair of contracts in the options chain on watch, specifically the, PLCE 01/17 $65-70 Calls.

Despite being a bit of a longer-term idea, we still witnessed instantaneous results from these targets, which produced the following intraday moves: 

$65 Calls – Range: 2.55-4.20 – Max Gain: 65%
$70 Calls – Range: .35-.85 – Max Gain: 143%

We’re interested in continuing to track these plays, with PLCE still boasting a massive gap to the topside on the chart up to roughly the $70 level. Should the stock continue to fill that gap, we’re going to see the total gains on these ideas hit even more impressive levels.

Fresh Options Ideas: 
WVE 04/17 $17.50-25 Calls
GIS 01/17 $55 Calls
FDX Weekly $155-150 Puts

Extended Watchlist:
LMPX, YAYO, OBLN, SLDB, FBIO, MLCO

WW Options Review & More

WW International, Inc. WW – Update 

To open up the last full trading week 2019 yesterday, we signaled a range of calls in the Weight Watchers options chain based on the technical setup, and to help us along at 9:15AM, just a few minutes after our reports went out, the company announced the extension of its partnership with Oprah Winfrey through 2025.

The resulting activity allowed ourselves and our readers the chance at the following intraday profits:

WW Weekly $39.50-40.50 Calls
$39.50 Calls – Range: .35-.85 – Max Gain: 143%
$40 Calls – Range: .23-.65 – Max Gain: 183%
$40.50 Calls – Range: .18-.45 – Max Gain: 150%

Fresh Options Ideas:

JBL posted an earnings beat, and we’ve picked up on some bottom buying by directors of PLCE. Here are the ideas that we will want to track in accordance with each situation.

JBL Weekly $43.50-45 Calls
PLCE 01/17 $65-70 Calls 

Extended Watchlist:
ACHV, CFRX, SNSS, BLPH, SSL, REGI, TEUM, GES

Big-Time Options Winners

Reviewing Friday’s Ideas 

We included a trio of options ideas in Friday morning’s premarket report, and like clockwork, they all churned out multi-bag runs on the day, allowing ourselves and our readers the chance at some really nice gain opportunities.

Our continued success in short-term options trading is such that these kind of results are essentially expected, as a matter of course. But don’t take our word for it, we urge newcomers to subscribe and test the validity of our claims for yourselves!

We had targets in the SPY, ADBE, and SRPT chains, and in each case we witnessed explosive moves to the topside. Here are the potential profits that were on the table:   

SPY Weekly $317.50-318.50 Calls
$317.50 Calls – Range: .54-1.48 – Max Gain: 174%
$318 Calls – Range: .36-1.20 – Max Gain: 233%
$318.50 Calls – Range: .18-.83 – Max Gain: 361%

ADBE Weekly $310-315 Calls
$310 Calls – Range: 4.60-11.52 – Max Gain: 150%
$312.50 Calls – Range: 2.51-9.04 – Max Gain: 260%
$315 Calls – Range: 1.51-6.62 – Max Gain: 338%

SRPT Weekly $132-134 Calls
$132 Calls – Range: 1.55-7.08 – Max Gain: 357%
$133 Calls – Range: 1.79-4.40 – Max Gain: 146%
$134 Calls – Range: 2.14-5.50 – Max Gain: 157%
______

Fresh Options Idea:
WW Weekly $39.50-40.50 Calls 

Extended Watchlist:
ASRT, ADXS, AXSM, GLOG, CWH, BMRN, CYTK