Smith & Wesson, Adobe Options Review:
As usual on Friday morning we formulated some fresh options ideas for the day, and just like usual, we met with some serious intraday gain opportunities. We had some targets in the SWBI Weekly $20 Calls and the ADBE Weekly $555-570 Calls and found success across the board.
In both cases the daily activity on the stock was enough to propel our designated targets to some serious moves and gain chances for our readers. SWBI saw a big move that was good enough to record it as the 6th highest gainer on the big boards for the session and it scored us a four-bagger on our tracked contract set!
Here were the total possible profits that were on the table for anyone who caught our report:
SWBI Weekly $20 Calls
$20: .70-3.51 (+401%)
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ADBE Weekly $555-570 Calls
$555: 5.30-12.92 (+144%)
$560: 2.02-8.20 (+306%)
$565: .43-3.53 (+721%)
$570: .86-2.02 (+135%)
Fresh Options Ideas:
TBIO 08/20 $17.50-20 Calls
MRNA 08/20 $195-210 Calls
Extended Watchlist:
TRCH, AEI, MNOV, ENOB, PSWW, WNBD, NWGC, HPNN, AHFD, BRTX