Winning Options Review & More

Adobe, Inc. ADBE – Review 

On Friday morning, we reminded readers to stick with our preexisting options idea for ADBE. which was gearing up big in the premarket to make some serious gains. Our targets were the ADBE $397.50-$405 Calls.

In addition to making multi-bag moves overnight, those options ideas did in fact deliver on the Friday intraday gains that we essentially guaranteed.

ADBE $397.50-$405 Calls
$397.50: 2.19-11.08 (+405%)
$400: 1.53-9.23 (+503%)
$402.50: 1.35-6.72 (+398%)
$405: .68-5.01 (+637%)


Other Updates

We had also signaled some contracts in a couple of other chains as well on Friday morning, and in both cases, we witnessed some decent intraday gains. They didn’t go parabolic, but still posted the following respectable moves on the day:

BITA 06/19 $15-17.50 Calls
$15:
1.20-1.65 (+38%)
$17.50: .35-.50 (+43%)

PLAY Weekly $15.50-16.50 Calls
$397.50:
 1.31-2.20 (+68%)
$400: 1.11-1.90 (+71%)
$402.50: .95-1.60 (+68%)
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Fresh Options Idea:
SPY 06/15 $300-298 Puts*

*Trading these puts is tantamount to trading weekly contracts on a Friday. Do not attempt to do so unless you are an advanced trader with access to disposable funds. 


Extended Watchlist:
FORW, DTGI, BLLB, HMNY, ZHUD, BSGM 

Wrapping Up A Solid Week

Zhuding International Ltd. ZHUD

Earlier this week, on Tuesday and Wednesday mornings, we drew attention to ZHUD via our extended watchlists. The stock started off at a low of .0615 on Tuesday, hitting a high of .09, and the run-up continued through ensuing two sessions.

Yesterday, ZHUD managed a new high of .1145, and that works out to an increase of 86% It marks yet another OTC play that’s produced solid gain opportunities for us recently.


Adobe, Inc. ADBE – Reminder

We wanted to point out that the idea we formulated yesterday morning in the Adobe chain is still very much alive. While the stock didn’t make headway yesterday, we are observing a gap-up this morning in the premarket, and those calls should open up with some very nice profit chances for anyone who snapped them up yesterday.

The targets were the ADBE $397.50-402.50 Calls, so we’ll be watching those as well as adding the $405′s to the equation to track into the close today as we wrap up another trading week.
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Fresh Ideas:
BITA 06/19 $15-17.50 Calls
PLAY Weekly $15.50-16.50 Calls


Extended Watchlist:
ITOX, SSFT, BYRN, MLFB, XHUA, SEGN, FCEL

Options, OTC Updates

Options Reviews:

Despite a poor start to the day. the fresh options ideas we formulated for yesterday morning’s premarket report surged late in the session. The markets caught a momentary respite from the day’s losses leading up to the Fed meeting.

Here were the intraday gains posted by the targets we were tracking as the market spike occurred in the mid-afternoon:

SPY Weekly $321-323 Calls
$321: 1.41-3.50 (+148%)
$321.50: 1.85-3.47 (+88%)
$322: 1.69-2.93 (+73%)
$322.50: 1.51-2.65 (+75%)
$323: 1.33-2.40 (+80%)
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AMC Weekly $6-6.50 Calls
$6: .57-.93 (+63%)
$6.50: .35-.60 (+71%)
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Fresh Ideas:
ADBE $397.50-402.50 Calls
LULU Weekly $315-225 Calls 


OTC Recaps:

Bantek, Inc. BANT  – We had also recently signaled interest in BANT via our extended watchlist on June 1st. We’ve been including a lot more coverage of random OTC plays, and the success with those speculations has continued at a good pace.

Over the eight-session period that we’ve had it in our sights, BANT has traded up from a low of .0031, and went as high as .0085 yesterday. That’s an upswing amounting to 174%
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Ethema Health Corp. GRST – We tagged GRST in yesterday morning’s report, and saw a solid double-bag move there as well. The stock traded in a range from .0007-.0017, marking a 143% rip.


Extended Watchlist:
HYSR, PMCB, KBLB, DLCR, KGKG, OMID, HEXO