Interesting Technical Setups & More

Yesterday’s Earnings Plays: 

Two of our fresh options plays for yesterday’s report were weekly calls, and despite a mixed session for the markets as a whole, they experienced appreciable intraday moves. The activity in the MRVL Weekly $49-51 Calls and the SFIX Weekly $61.50-65 Calls didn’t blow the lid off of anything, but we did witness some highly respectable gain opportunities.

MRVL Weekly $49-51 Calls
$49: 
1.06-1.92 (+81%)
$50: .62-1.23 (+98%)
$51: .34-.68 (+100%)
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SFIX Weekly $61.50-65 Calls
$61.50: 
3.65-5.54 (+52%)
$62: 3.35-5.48 (+64%)
$62.50: 3.13-4.80 (+53%)
$63: 2.84-4.72 (+66%)
$65: 1.91-3.45 (+81%)
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Fresh Options Ideas:
CPB Weekly $48-46 Puts
UNFI 06/18 $40-35 Puts


Interesting Chart Plays:

Also catching our eye this morning are a couple of interesting chart setups in FibroGen, Inc. FGEN and Fastly, Inc. FSLY, and in both cases we will be watching the stocks as well as some potential options ideas.

In the case of FGEN, there are a couple of large gaps to fill to the upside, and over the past couple of sessions the stock has given indication that it may be about to do so. We’re going to be tagging the FGEN 07/16 $27.50-30 Calls for observation.

On FSLY, the gap-fill has occurred this week and the PPS is now on the verge of breaking past the 50DMA with its considerable momentum. We’ll radar the FSLY 06/25 $61-63 Calls.


Extended Watchlist:
SRNW, JPEX, STHC, TTSI, ECMH, PLPL, NUVI, DCAC, CKPT, SPI, CLVS, AEHL, OEG

Big-Time OTC Movers & More

More Penny Poppers: 

For those newer subscribers who may be unfamiliar with the way we operate, typically our interests in stocks traded on the OTC Markets are relegated to our daily Extended Watchlists. Our main features tend to be focused more on quick-strike options trading these days because that’s where we find the most excitement. That doesn’t mean we’ve forgotten our roots in the pennies!

We’ve had loads of success in unearthing interesting OTC plays in 2021 so far, and we started out the fresh trading week yesterday with another fine pair of movers that have been included in our watchlists on multiple occasions of late. Below you can find links to our archived reports from our initial alerts and the subsequent huge runs and multibag profit potential involved.

Enzolytics, Inc. ENZC
Alerted: April 16th
Range: .0866-.2979
Gained: +244%
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RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.008
Gained: +900%


G-III Apparel Group, Inc. GIII – Options Recap

On account of the light earnings reporter load that we’ve mentioned in a previous report, we went with just one lone potential options target in yesterday’s premarket offering, the GIII 06/18 $30-35 Calls.

G-III Apparel posted a solid Q1 earnings beat along with optimistic guidance for the remainder of the fiscal year. It allowed the stock to break a double-top and set a new high of 35.80 which provided for the following moves in our tracked targets:

GIII 06/18 $30-35 Calls
$30: 
.90-2.25 (+150%)
$35: 3.80-5.60 (+47%)
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Fresh Options Ideas: 
MRVL Weekly $49-51 Calls
SFIX Weekly $61.50-65 Calls
THO 06/18 $120-125 Calls
ASO 06/18 $35-40 Calls 


Extended Watchlist:
PHIL, PLPL, RIHT, ICNM, FTEG, EFIR, CLOV, WEN, SONM, NEXT

Huge Options Gainers & More

Friday’s Options Mega Success:

We just keep plugging away in our never-ending quest to track down daily opportunities in options trading. Thanks to a very nice session for the markets as a whole and well-received earnings, our ideas from Friday morning’s premarket report all hit on some very impressive daily gains. That continued an incredible streak of success that has been going for weeks now.

Our targets for the day were the LULU Weekly $317.50-322.50 Calls, the DOCU Weekly $205-210 Calls and the MDB Weekly $280-287.50 Calls, and all three sets produced eye-popping intraday runs that facilitated the following total potential profits for our readers. Regardless of the target or strike price chosen, the multibag gain opportunities were there for the taking:

LULU Weekly $317.50-322.50 Calls
$317.50: 4.27-13.32 (+212%)
$320: 2.70-10.95 (+305%)
$322.50: 1.47-8.00 (+444%)
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DOCU Weekly $205-210 Calls
$205: 5.50-29.45 (+435%)
$207.50: 4.13-26.93 (+552%)
$210: 2.65-24.27 (+816%)
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MDB Weekly $280-287.50 Calls
$280: 7.55-32.83 (+335%)
$282.50: 11.25-23.80 (+112%)
$285: 4.13-28.79 (+597%)
$287.50: 2.45-30.00 (+1124%)


Fresh Options Idea: 
GIII 06/18 $30-35 Calls


Extended Watchlist:
RMED, AREC, LMNL, NEXT, GLMD, RSHN, AAPT, AITX, ENZC, MJWL, PJET, XREG, CZNI, VGID

Wrapping Up a Solid Short Trading Week

Options Updates:

We have been tracking a number of options ideas with a June 18th expiration over the past week. Yesterday morning, we signaled interest in the ESTC 06/18 $125-135 Calls, and those went on to put up a nice performance on the day.

It was in Monday morning’s premarket report that we added CAN 06/18 $7.50-10.00 Calls, and we added some gains to our observed totals yesterday as the stock set a new high on the day.

ESTC 06/18 $125-135 Calls
$125: 4.95-7.60 (+54%)
$130: 2.90-4.60 (+59%)
$135: 1.20-2.85 (+137%)
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CAN 06/18 $7.50-10.00 Calls
$7.50: 
1.71-4.15 (+143%)
$10: .60-2.17 (+262%)

We have had some excellent success in our options speculation of late, and will continue to keep watch over all the June 18th targets we have designated, as well as keeping our eyes peeled for further quick-strike opportunities.


Fresh Options Ideas:
LULU Weekly $317.50-322.50 Calls*
DOCU Weekly $205-210 Calls*
MDB Weekly $280-287.50 Calls*

*Please be advised that trading ‘weekly’ options contracts on a Friday carries an elevated risk, and should only be attempted by seasoned traders!


Extended Watchlist:
NCTY, WINT, SENS, LEDS, SLRX, AEMC, TXTM, KATX, PJET, INKW, UNDR, 

Big Board Runners & More

Incredible Big-Board PPS Runs: 

As we have mentioned time and again, our daily extended watchlists are a mixture of everything from nanocap to large cap stocks. Whatever catches our eye in our morning scans after we’ve completed our primary features ends up in those lists, as we believe a diverse array of trading targets is most likely to unearth opportunities for success.

A mere two days in, the month of June has already brought us two examples of large cap stocks tagged in our extended watchlists which have made some seriously attention-grabbing moves. AMC appeared in Tuesday morning’s list and went on a run yesterday, while BB appeared yesterday’s report and is presently gapping to new highs in the premarket today.

We reiterated our interest in BB trades in our premium chat yesterday morning as well. Read below to find out how you can gain access to a new level of success! 

AMC Entertainment Holdings, Inc. AMC 

Alerted: 06/01
Subsequent Range: 28.53-72.62
Total Possible Gain:+154%
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Blackberry Ltd. BB
Alerted: 06/02
Subsequent Range: 12.33-21.54
Total Possible Gain:+75%

We encourage anyone with interest in in our premium services, including daily live alerts and periodic trading seminars, to CLICK HERE to email us your contact details and a brief description of your level of trading experience. We believe that even advanced level traders could benefit from our unique insight and tactics!


Yesterday’s Options Plays:

We also want to briefly recap the respectable intraday moves registered by our two fresh options ideas in yesterday morning’s premarket report. We were tracking the ZM Weekly $327.50-332.50 Calls and the APPS Weekly $67.50-69 Calls, and they recorded the following intraday runs:

ZM Weekly $327.50-332.50 Calls
$327.50: 3.61-6.15 (+70%)
$330: 2.10-4.34 (+107%)
$332.50: 1.55-3.21 (+107%)
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APPS Weekly $67.50-69 Calls 

$67.50: .75-1.20 (+60%)
$68: .70-1.05 (+50%)
$68.50: .60-.94 (+57%)
$69: .56-.82 (+46%)
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Fresh Options Ideas:
CIEN Weekly $55.50-57 Calls
ESTC 06/18 $125-135 Calls 


Extended Watchlist:
JZXN, TELL, ENZC, SKYE, PFNO, ICOA, FCGD, WKHS, BEHL, LVBX

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