Options Recap, Post-Earnings Ideas & More

More Options Review:  

We’ve got options updates on deck for this morning, and there is actually a fairly decent slate of earnings reporters on the docket today, so we’ll take a look into some of those as well.

As for recaps on options calls we’ve made recently, two of the targets that we reviewed yesterday morning continued their momentum and set new highs for us during the session. They were Friday’s alert on the GBX 07/16 $40 Calls and Tuesday’s alert on the ARWR 07/16 $65 Calls. Additionally, we witnessed new highs in the DRI 07/16 $140-145 Calls, which we initially targeted a few weeks back on June 24th.

These are the updated figures on those plays, all of which expire at the end of the week:

GBX 07/16 $40 Calls
$40: 
1.40-5.40 (+286%)
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ARWR 07/16 $65 Calls
$65: 1.28-4.00 (+213%)
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DRI 07/16 $140-145 Calls
$140: 2.71-10.10 (+273%)
145: 1.10-5.45 (+395%)


Post-Earnings Options Ideas: 

As we’ve been mentioning, next week is when the floodgates for earnings reporters really swing wide open, but for the time being, we have a couple that dropped their quarterlies this morning in which we will select some targets.

GS Weekly $380-385 Calls
PEP Weekly $149-152.50 Calls 


Extended Watchlist:
OSAT, CRTD, WORX, BAOS, DPW, BLIN, NOK, ADGO, SFLM, GVSI, FERN, SFLM

Excellent Options Plays & More

Moderna Inc. MRNA – Update: 

On Monday morning, we began tracking some August calls in the MRNA chain, the MRNA 08/20 $195-210 Calls. In yesterday’s report, we updated readers on the modest moves they made, and also issued an added idea in the MRNA Weekly $210-212.50 Calls, just to make things even more interesting.

Both sets of ideas have flourished as MRNA has posted two excellent daily performances in a row, rising from around $200 to more than $220. That has facilitated some highly respectable moves in every last one of our designated targets.

Here are the two-day ranges on the August calls and the intraday run recorded by the weeklies yesterday:

MRNA 08/20 $195-210 Calls
$195: 23.50-36.05 (+53%)
$200: 18.00-33.47 (+86%)
$210: 13.55-27.50 (+103%)
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MRNA Weekly $210-212.50 Calls.
$210: 5.20-13.50 (+160%)
$212.50: 4.32-11.00 (+155%)


Korn Ferry KFY – Recap:

Also new in yesterday’s premarket offerings were our targets in the KFY options chain. We signaled interest in tracking the KFY Weekly $65-70 Calls, and are pleased to report that those contracts made monster moves on the day.

KFY Weekly $65-70 Calls
$65: 2.00-6.10 (+205%)
$70: .55-3.00 (+445%)


Fresh Options Ideas:
PDCO 07/16 $34-31 Puts
WGO 07/16 $65-70 Calls


Extended Watchlist:
ACST, CLOV, ENTX, RETO, SEAC, KYNC, RSHN, SSOF, GTII, ZONX, XLFS, LGBI, NXGT, EVLI, DRNK, IJJP, ADGO

RGBP Blows its Lid

Regen Biopharma, Inc. RGBP: 

After tagging RGBP for observation in our report on Friday morning, we swung back around to provide an update yesterday as well, following a solid performance during Friday’s session.

After that move from .0165 to .0295 (+79%), RGBP opened up this week with a bang as well, adding considerable gains with a second straight bullish session. The stock traded in an intraday range from .0375 and hit a new high of .0819. That marked a daily rip of 118% and an overall increase from Friday’s low of 396%


Advantego Corp. ADGO:  

Another OTC-traded extended watchlist play, we put ADGO on watch yesterday morning, and received instant results there as well. The stock posted a low of .0027 before running as high as .0055 on the day. That worked out to a total possible gain of 104%


Fresh Options Idea:
FAST 05/21 $50 Calls 


Extended Watchlist:
MCET, RBDC, GSPI, MDCN, WWIO, PAOG, ERBB, ICNM