Options Keep Winning, New Ideas

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%)
_____

TCOM 07/15 $24-26 Calls
$24: 1.50-1.90 (+27%)
$25: 1.05-1.40 (+33%)
$26: .75-1.00 (+33%)
_____

SPY 06/27 $389-391 Calls
$389: 1.25-2.67 (+113%)
$390: .87-1.98 (+128%)
$391: .60-1.38 (+130%)
_____

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

All of Friday’s Options Plays Hit, Fresh Ideas

Another Smash-Hit Session for Options: 

The markets finished off the week on Friday with another bullish performance, and of course that aided us with our options ideas for the day. We offered up a varied slate of potential targets and got good results from every last one of them- even the ones with July expiration dates.

Our specific targets were the FDX Weekly $232.50-237.50 Calls, the SPY 06/24 $379-381 Calls, the BZ 07/15 $25-30 Calls, and the MO 07/15 $45-46 Calls. We’ll be sure to continue monitoring the July calls for possible further gains in the days and weeks ahead. For now, here were the opportunities they afforded our readers to close out the short trading week:

FDX Weekly $232.50-237.50 Calls
$232.50-:
 5.50-15.38 (+180%)
$235: 4.00-13.27 (+232%)
$237.50: 2.59-10.51 (+306%)
_____

SPY 06/24 $379-381 Calls
$379: 3.15-10.72 (+240%)
$380: 2.54-10.00 (+294%)
$381: 2.05-8.87 (+333%)
_____

BZ 07/15 $25-30 Calls
$25: 3.60-4.30 (+19%)
$30: 1.25-1.50 (+20%)
_____

MO 07/15 $45-46 Calls
$45: .27-.69 (+156%)
$46: .15-.38 (+153%)


Fresh Options Ideas:
NKE Weekly $113-115 Calls
TCOM 07/15 $24-26 Calls
SPY 06/27 $389-391 Calls* 

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders.


OTC Recap – Verus International, Inc. VRUS:

We try to keep up with the many stocks we tag in our daily extended watchlists as much as possible. It is a feature we have kept since our pre-options trading days because it often yields solid plays. Such was the case with VRUS this month, which, after first appearing in our reports on June 2nd, has run from super-subpenny well into subpenny territory. We’ve seen an increase from a low of .0005 on up to .0019, which marks a rise of 280%


Extended Watchlist: 
PPCB, KRFG, LLKKF, GEGI, WSFT, GRLT, EVFM, AGRX, AFIB, AXSM, NRSN, EPZM

Ending the 4-Day Week with 4 Fresh Options Ideas

Good Environment for Options: 

We’re wrapping up another solid trading week today, and it certainly was an uncharacteristically bullish one when compared to the typical holiday-shortened week. The markets ripped into the close again yesterday, and that provided an extra boost for some of the options plays we’ve been tracking.

From yesterday morning’s report, the DRI 07/15 $120-125 Calls and the KBH 07/15 $27-28 Calls made instant moves for us despite still having an additional three weeks before expiring, while the WGO 07/15 $45-50 Calls from Wednesday’s premarket newsletter continued their run and tacked on some new highs as well. Here are the overall moves and total possible gains on those targets:

DRI 07/15 $120-125 Calls
$120: 1.85-2.40 (+30%)
$125: .80-1.10 (+38%)
_____

KBH 07/15 $27-28 Calls
$27: 
1.75-2.70 (+54%)
$28: 1.25-2.01 (+61%)
_____

WGO 07/15 $45-50 Calls
$45: 
3.00-7.00 (+143%)
$50: .95-3.40 (+258%)


Fresh Options Ideas:
FDX Weekly $232.50-237.50 Calls*
SPY 06/24 $379-381 Calls*
BZ 07/15 $25-30 Calls
MO 07/15 $45-46 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders.


Sysorex, Inc. SYSX – Recap:

SYSX is a stock we last mentioned last Friday, the 17th which exhibited a rather nice move this week. Over the past couple of sessions, SYSX has posted a move of.0128-.0445, which works out to an upswing of 248%


Extended Watchlist: 
RMRK, ILIM, IPIX, TOBAF, ETEK, TBLT, BHAT, ZEN, MITQ, CANF

Options Review, New Ideas & More

Winnebago Calls Run Quickly: 

In yesterday’s report, we went with a selection of July calls in what we would consider ‘longer-term’ ideas. For quick-strike plays we would typically look for contracts that expired at the end of the week. Out of those, the Winnebago calls produced instant results. We’ll continue to monitor these, along with the other potential plays we mentioned yesterday, over the next few weeks before they expire. Today’s fresh ideas will also include several July calls.

The specific targets that took off immediately during yesterday’s session were the  WGO 07/15 $45-50 Calls
and the moves they made were as follows:

WGO 07/15 $45-50 Calls
$45: 
3.00-5.45 (+82%)
$50: .95-2.46 (+159%)


Fresh Options Ideas:
ACN Weekly $277.50-272.50 Puts
DRI 07/15 $120-125 Calls
KBH 07/15 $27-28 Calls
APOG 07/15 $40-45 Calls


Southern Home Medical, Inc. SHOM – Recap:

Another item from our watchlist that has recently made a solid run as well, is SHOM. We flagged this OTC stock on
Tuesday morning
, and it ran to new highs yesterday. Following our mention of this play, it traded up from a low of .0008 to .0025, which marks a two-day swing of 212%


Extended Watchlist: 
CMGR, VYGVF, TXTM, GEGI, DVLP, VRUS, GOFF, AHFD, RDHL, BOXD, BHAT, SMFL, 

A Selection of July Calls & More

Winning Options Review: 

We were pleased to start off the short trading week with a bang yesterday, getting right back on track with a couple of options trading ideas that netted some good intraday gain opportunities for anyone who was paying attention. The markets ripped all day long, so it was definitely a good time to go bullish on the SPY.

We did so with the SPY 06/21 $369-371 Calls, and we also stuck in an idea for the one earnings play that stood out to us on the day, the LEN Weekly $64-66 Calls. In both cases, the potential profits reach multibag territory. Those moves were as follows:

SPY 06/21 $369-371 Calls
$369:
 3.76-7.43 (+98%)
$370: 2.88-6.52 (+126%)
$371: 2.59-5.50 (+112%)
_____

LEN Weekly $64-66 Calls

$64: 1.90-4.03 (+112%)
$65: 1.88-4.00 (+113%)
$66: 1.05-3.23 (+208%)


Fresh Options Ideas:

We’re in the midst of an earnings drought that is going to persist for at least a few more weeks, but we’re still trucking right along, working with what we’ve got. Today’s earnings play that stands out in the premarket is from the Winnebago chain, while we’ve also noticed some insider buying near the bottom on NLOK.

WGO 07/15 $45-50 Calls
NLOK 07/15 $24-25 Calls
FL 07/15 $31-32 Calls


Revlon, Inc. REV – Recap: 

We’ve also got an update on Revlon, which we tagged for observation on Friday morning. The stock has followed that alert up with two nice sessions in a row now. Our observed range for that period is 2.73-6.95 (+155%) This morning’s premarket high of 8.39 marks an overall increase of 207% over just a few trading days!


Extended Watchlist: 
EVSV, INTK, INQD, MMTLP, ECOX, LTCN, SIRC, KBLB, XELA, QTNT, USWS

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