Tag: BDCO

Tuesday’s Clean Sweep, 4 New Targets

Tuesday’s Options Runners:

We went bearish on all three of the earnings-based options ideas we presented in yesterday morning’s premarket report. A challenging day for the markets at large only boosted their performances, which led to some really nice intraday gain opportunities for traders. We’re seeing a pickup in the volume of earnings reporters as compared to last week, which is always good in terms of having fresh material for quick-strike options ideas.

Our targets yesterday were the SE Weekly $84-82 Puts, the HD Weekly $285-280 Puts, and the BIDU Weekly $127-125 Puts. Here is the breakdown of the figures they put up for us on the session:

SE Weekly $84-82 Puts
$84: 5.05-13.10 (+159%)
$83: 4.80-11.94 (+149%)
$82: 3.34-10.95 (+228%)
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HD Weekly $285-280 Puts
$285: 2.96-6.05 (+104%)
$282.50: 2.02-4.50 (+123%)
$280: 1.35-3.20 (+137%)
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BIDU Weekly $127-125 Puts
$127: 1.23-2.63 (+114%)
$126: .84-2.00 (+138%)
$125: .66-1.65 (+150%)

Fresh Options Ideas:
DOCS Weekly $32.50-30 Puts
TGT Weekly $155-157.50 Calls
DT Weekly $49-51 Calls
WIX Weekly $85-90 Calls

Extended Watchlist:
WETG, SMFL, SVRE, PACW, OCTO, IMMP, VPLM, CNNA, BDCO, GMZP

SPY, FUTU Gainers, Fresh Options Plays

Yesterday’s Big Runners: 

Yesterday morning, as is typical for our daily premarket reports, we included a selection of options ideas comprised of both quick-strike and extended-term ideas. There was a lot of good volatility in the markets yesterday, so the quick plays worked out beautifully, while the longer-term target will take some time to mature.

Our spur of the moment ideas were the SPY 06/06 $413-415 Calls and the FUTU Weekly $38.50-40 Calls. In both cases, we had multiple chances for beautiful multi-bag intraday gains. Despite the fact that we are going to see a tapering of earnings reporters in coming weeks, if we continue to see the type of volatility yesterday brought, we should have too hard of a time tracking down opportunities like these.

SPY 06/06 $413-415 Calls
$413: .49-1.44 (+194%)
$414: .30-.85 (+183%)
$415: .12-.46 (+283%)
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FUTU Weekly $38.50-40 Calls
$38.50: 2.98-8.75 (+193%)
$39: 2.10-6.57 (+213%)
$39.50: 2.75-7.20 (+162%)
$40: 1.77-8.00 (+352%)

Fresh Options Ideas:
PLAY Weekly $38-39 Calls
ASO Weekly $34-37 Calls
GTLB 06/17 $40-45 Calls
KSS Weekly $45-46.50 Calls

Extended Watchlist:
KRBP, HLBZ, JAN, GHMP, GSFI, BDCO, WHSI, ABQQ

Friday’s Big Winners, Fresh Ideas & More

Solid Options Runners: 

To close things out for the short week on Friday, we had a pair of quick-strike options ideas in the LULU and OKTA chains, as well as a longer term target for ASAN in our premarket report. Despite a rather subdued session for the markets in general wherein we saw a gap-down in the morning, and not much progress toward a recovery throughout the day, we were still able to manage some very nice gain chances.

Our specific areas of interest for the day were the LULU Weekly $300-307.50 Calls, the OKTA Weekly $106-108 Calls, and the ASAN 06/17 $22.50 Puts. Both sets of calls produced multi-bag profit possibilities on the day, with ASAN not lagging far behind. We’ve also got a week and change before they expire, so we’ll continue to monitor those as well. As for Friday’s moves, here’s what these ideas put forth for the session:

LULU Weekly $300-307.50 Calls
$300: 2.55-7.35 (+188%)
$302.50: 2.00-5.60 (+180%)
$305: 1.41-4.50 (+219%)
$307.50: .94-3.40 (+262%)
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OKTA Weekly $106-108 Calls
$106: 1.16-2.87 (+147%)
$107: .84-2.05 (+144%)
$108: .48-1.39 (+190%)
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ASAN 06/17 $22.50 Puts
$22.50: 1.82-2.90 (+59%)

Fresh Options Ideas: 

We are heading into an extended dry spell with regard to the number of big name companies dropping their earnings reports, which is going to persist for the next several weeks. We’re used to traversing these periodic ‘earnings deserts’, and as always, we’ll still be working hard every day to find the best opportunities possible, which for us, generally includes a heavy reliance on the SPY- our favorite market analog.

SPY 06/06 $413-415 Calls 
FUTU Weekly $38.50-40 Calls
QDEL 07/15 $85-95 Calls

Extended Watchlist:
ZNOG, AERG, BDCO, QEDN, SHMP, IGEX, ABQQ, PRCX, DIDI, YMTX, MULN, CRIS, QNRX, ARRY, BZ, YMM