Massive CHWY Options Gains, Fresh Ideas & More

Earnings Reporters Put Up Big Gains:

Our earnings related options ideas for the day panned out well for us yesterday, with some help from another fully bullish session for the markets at large. Stocks surged all day, and well-received earnings reports from our target companies did the rest.

We were zeroed in on the CHWY Weekly $26.50-28 Calls and the PSTG Weekly $25-26 Calls, with a much longer term idea with an August expiration in the Energizer chain, which we’ll circle back to in a future report.  Our quick-strike plays yielded some very nice opportunities for quick intraday profits, and those were as follows:

CHWY Weekly $26.50-28 Calls
$26.50:
 .72-3.00 (+317%)
$27: .56-2.51 (+348%)
$27.50: .44-2.15 (+389%)
$28: .30-1.82 (+507%)
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PSTG Weekly $25-26 Calls
$25: 1.95-4.30 (+121%)
$26: 1.45-3.60 (+148%)


Fresh Options Ideas:
LULU Weekly $300-307.50 Calls*
OKTA Weekly $106-108 Calls*
ASAN 06/17 $22.50 Puts

*Trading options contracts on their day of expiration is a high risk/high reward proposition which should only be attempted by experienced traders


Ggtoor, Inc. (OTCMKTS:GTOR) – Recap:

GGTOOR was a company that we profiled a few months back, citing the high potential of tournament gaming, the space in which the company operates. GTOR recently announced the signing of a deal that is potentially very lucrative, and as a result the price has gone through the roof. It will be “building” an entire virtual city complete with its own economy in the metaverse, with parcels selling for cryptocurrency.

Following our reports on GTOR the stock was trading for as little as ,012, and this week it has soared to a new high of .074. That works out to an increase of over 500% It will be interesting for us to see how much of those gains the stock can maintain and possibly add onto as it develops its new metaverse-based project, GGTOORCITY.


Extended Watchlist:
MGLD, EFOI, TCRT, AMLX, SOPA, TPTX, WSFT, AFIIQ, AERG, VRLL, MAXD

Reviewing Options Success, New Targets

Winning Options Review:

It would seem that more often than not, especially recently, that we turn in a full slate of successful options ideas, and yesterday was no exception to that. We floated three potential options ideas to track in our premarket report yesterday morning, and all three came back with positive performances on the day. Those were the CRM Weekly $170-175 Calls, the VSCO 06/17 $45 Calls, and the CPRI Weekly $49-52 Calls.

We also mentioned yesterday that we’d hold off on a successful idea from Tuesday’s report, the DELL 06/17 $50-52.50 Calls, and after another solid day it tacked onto those gains. Here are the two-day swing figures from that target, as well as the single session moves made by our trio of fresh plays from yesterday.

CRM Weekly $170-175 Calls
$170: 
5.85-9.15 (+56%)
$172.50: 6.15-12.08 (+69%)
$175: 2.69-4.92 (+83%)
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VSCO 06/17 $45 Calls
$45: 1.75-2.75 (+57%)
_____

CPRI Weekly $49-52 Calls
$49: 1.24-2.02 (+63%)
$50: .75-1.49 (+99%)
$51: .35-.65 (+86%)
$52: .30-.52 (+73%)
_____

DELL 06/17 $50-52.50 Calls
$50: .90-2.45 (+172%)
$52.50: .32-1.07 (+234%)


Fresh Options Ideas:
CHWY Weekly $26.50-28 Calls
PSTG Weekly $25-26 Calls
ENR 08/19 $30-35 Calls


Extended Watchlist:
VRUS, MAPT, PACV, SFOR, CYAP, AFIIQ, MF, IMMX, BTOG, RPTX, PDSB, 

Hits on All Options Plays, Fresh Ideas

Yesterday’s Solid Options Plays:

We kicked off the short trading week and final day in May yesterday morning with some truly incredible updates on Friday’s options ideas, and while yesterday’s fresh plays didn’t rise to the same magnitude, we still set up four ideas and knocked each of them down with some respectable intraday moves. The markets opened lower, then gained ground back for much of the early portion of the day.

That helped with some solid moves in all of our highlighted potential targets, which were the PDD Weekly $49.50-51 Calls, the BEKE 06/17 $12.50 Calls, the AMC Weekly $14.50-15.50 Calls, and the HTHT 06/17 $30 Calls. Those modest, yet notable intraday opportunities brought the following profit chances for us on the day: 

PDD Weekly $49.50-51 Calls
$49.50: 
1.80-3.00 (+67%)
$50: 1.55-2.92 (+88%)
$51: 1.18-2.25 (+91%)
_____

BEKE 06/17 $12.50 Calls
$12.50: 1.00-1.67 (+67%)
_____

AMC Weekly $14.50-15.50 Calls
$14.50: .99-1.77 (+79%)
$15: .84-1.51 (+80%)
$15.50: .73-1.31 (+79%)
_____

HTHT 06/17 $30 Calls
$30: 3.20-3.90 (+22%)


Fresh Options Ideas:
CRM Weekly $170-175 Calls
VSCO 06/17 $45 Calls
CPRI Weekly $49-52 Calls


Extended Watchlist:
INTK, RMSL, KLDO, INND, ILST, TNXP, VTVT, ENDP, MTP, VYNT, 

Friday’s Thousand-Plus Percentage Gainers & More

Absolutely Massive Options Gainers:

We left off before the holiday weekend on Friday morning with a slew of options ideas for our readers, and we really hope some of you were able to take advantage of the stellar opportunities that they provided. All of our highlighted plays bore fruit, and the gains they produced were eye-popping. We unearthed multiple thousand-plus percentage gainers over multiple target sets, including a FIVE thousand percenter!

We’re going to present four of those sets this morning- the ones that expired on Friday. We’ll leave the DELL 06/17 $50-52.50 Calls (which also produced immediate gains) for a later report, since we’ve got nearly three weeks until their expiration.

The four quick-strike plays were the PDD Weekly $44.50-46 Calls, the ZS Weekly $148-152.50 Calls, the MRVL Weekly $58-60 Calls, and the SPY 05/27 $406-408 Calls. The mind-numbing gain opportunities they provided us with were as follows:

PDD Weekly $44.50-46 Calls
$44.50: 
.23-3.40 (+1378%)
$45: .09-3.34 (+3611%)
$45.50: .08-2.84 (+3450%)
$46: .04-2.30 (+5650%)
_____

ZS Weekly $148-152.50 Calls
$148: 6.30-14.00 (+122%)
$149: 6.88-11.80 (+72%)
$150: 4.50-12.28 (+173%)
$152.50: 3.20-10.05 (+214%)
_____

MRVL Weekly $58-60 Calls
$58: 1.08-3.37 (+212%)
$59: .49-2.34 (+378%)
$60: .10-1.35 (+1250%)
_____

SPY 05/27 $406-408 Calls
$406: 2.62-9.79 (+274%)
$407: 2.22-8.92 (+301%)
$408: 1.69-7.75 (+359%)


Fresh Options Ideas:
PDD Weekly $49.50-51 Calls
BEKE 06/17 $12.50 Calls
AMC Weekly $14.50-15.50 Calls
HTHT 06/17 $30 Calls


Extended Watchlist:
HUSA, TMBR, JAN, TXMD, INDO, AUY, ENDP, MULN, IMPP, FUNFF, SYSX, IGEX, PMETF, FERN

Closing Out the Week on a High Note

Sweeping Success for Earnings-Related Options Ideas:

Focusing primarily upon big name companies that have just released their earnings reports for our daily options ideas is our standard mode of operation, and for good cause. It’s generally the most straightforward way to find plays with the kind of volatility needed for sizable single-session gain opportunities.

Add in the fact that the markets put forth another rip-roaring performance yesterday, and we were met with yet another clean sweep of our daily board, seeing gains in all four of our designated targets from yesterday’s premarket report.

We were tracking the DLTR Weekly $149-155 Calls, the DG Weekly $212.50-217.50 Calls, the BABA Weekly $84-86 Calls, and the SPLK Weekly $94-97 Calls. Here were the daily ranges and total possible intraday profits that they yielded:

DLTR Weekly $149-155 Calls
$149: 
10.02-13.79 (+38%)
$150: 7.00-13.55 (+94%)
$152.50: 5.46-10.60 (+94%)
$155: 4.30-8.32 (+93%)
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DG Weekly $212.50-217.50 Calls
$212.50: 6.32-10.96 (+73%)
$215: 4.50-9.10 (+102%)
$217.50: 2.98-7.15 (+140%)
_____

BABA Weekly $84-86 Calls
$84:
 2.77-12.28 (+343%)
$85: 3.20-10.50 (+228%)
$86: 2.50-9.00 (+260%)
_____

SPLK Weekly $94-97 Calls  
$94: 6.08-8.20 (+35%)
$95: 4.61-7.20 (+56%)
$96: 4.77-6.30 (+32%)
$97: 3.44-4.82 (+40%)


Fresh Options Ideas*:
PDD Weekly $44.50-46 Calls
ZS Weekly $148-152.50 Calls
MRVL Weekly $58-60 Calls
DELL 06/17 $50-52.50 Calls
SPY 05/27 $406-408 Calls

*All of today’s selections expire at the close. Trading options on their day of expiration carries a higher risk level and should only be attempted by seasoned options traders.


Extended Watchlist:
SYSX, RLFTF, ADHC, RBVTF, OZSC, TLSS, CPWR, ABDL, SIGA, 

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