Tag: BIG

Friday’s Major Runners, 4 Fresh Targets

Friday’s Big Movers:

We were pleased to be able to wrap up the trading week on Friday with a strong slate of options movers. There were no duds among the four potential plays we included with our premarket report, and only one set of individual contracts out of the whole lot of ten fell short of multi-bag status. All in all it was a great session.

Our targets for Friday were the NKE Weekly $97-95 Puts, the FDX Weekly $292.50-297.50 Calls, the LULU Weekly $420-415 Puts, and the TSLA Weekly $170-167.50 Puts. The excellent numbers they recorded on the day were as follows:

NKE Weekly $97-95 Puts
$97: 1.98-2.95 (+49%)
$96: 1.00-2.78 (+178%)
$95: .28-1.80 (+543%)
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FDX Weekly $292.50-297.50 Calls
$292.50: .40-1.82 (+355%)
$295: .20-1.14 (+470%)
$297.50: .15-.68 (+353%)
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LULU Weekly $420-415 Puts
$420: 9.25-33.80 (+265%)
$415: 6.10-27.95 (+358%)
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TSLA Weekly $170-167.50 Puts
$170: .65-1.58 (+143%)
$167.50: .14-.36 (+157%)

Fresh Options Ideas:
CAR 04/05 $118-120 Calls
COIN Weekly $260-265 Calls*
DELL 04/05 $114-116 Calls
INTC Weekly $41.50-40.50 Puts*

*Due to Friday’s holiday closure of the markets ‘weekly’ contracts will expire at the close on Thursday

Extended Watchlist:
STEK, MJNA, IGPK, BTEX, BEGI, LCID, BIG, FLGC, MLGO, CGC, ESPR, SLRX

BIG Options Update & More

Big Lots, Inc. BIG – Update
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On Friday morning, we signaled some June calls in the Big Lots chain as the company dropped a beat on its quarterly earnings and revenues. Our targets were the BIG 06/19 $40-45 Calls, which also got some help from an afternoon push for the markets in general.

Of those three targets in our selected range, all three achieved multi-bag gain status for the session. Here are the single-session moves those contracts posted on the day:

BIG 06/19 $40-45 Calls
$40: 1.00-2.30 (+130%)
$42.50: .60-1.25 (+108%)
$45: .25-.75 (+200%)


Avantor, Inc. AVTR 

We also caught AVTR off of this morning’s premarket earnings calendar, and are seeing a very interesting dynamic. Even as insiders dumped close to a billion dollars worth of AVTR stock last week, we have reason to believe that going bullish here could still be the right move.

The chart has been an absolute screamer for months on end, and 14 out of the 20 analysts to assess its current condition rate the stock a strong buy. We’re going to go ahead and signal interest in tracking the AVTR 08/21 $20-22.50 Calls.

Extended Watchlist:
AMAZ, BANT, VNUE, HIPH, GTEH

Big Gainers to Report

Solid Options Plays 

More often than not, when we signal groups of calls or puts, we see success with our ideas. In the case of yesterday morning’s premarket report, we signaled one set of each, and saw instant returns on both.

Our targets were WDAY Weekly $172.50-177.50 Calls & HPQ Weekly $17-16 Puts, with each range containing three sets of contracts. All six ran considerably, with five out of the six logging double-bag gains or better! here were the total possible gains to which our readers had access:

WDAY Weekly $172.50-177.50 Calls  
$172.50: 6.83-14.48 (+64%)
$175: 4.70-11.95 (+93%)
$177.50: 3.90-9.54 (+93%)
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HPQ Weekly $17-16 Puts
$17: 1.27-2.13 (+203%)
$16.50: .76-1.56 (+238%)
$16: .44-2.61 (+93%)
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Fresh Ideas*: 
DELL Weekly $46-49 Calls
BIG 06/19 $40-45 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 

Stock Recaps 

 We’ve also seen some nice gains on the stock side of things this week, and yesterday brought more success on that front as well.

Indoor Harvest Corp. INQD – We tagged INQD in yesterday’s extended watchlist, and this subpenny OTC play posted a modest but respectable move from .0046-.007, marking an intraday gain of 52%

Party City Holdco Inc. PRTY – We have to go back a few weeks to our report on the morning of May 4th to find our initial alert on PRTY. Since then we’ve seen the stock trading for as little as .43. It has been climbing steadily over the past several sessions, reaching a new high of 2.10 yesterday. That works out to an overall increase of 388%

Brewbilt MFG Inc. BBRW – We also saw BBRW make a big run from .03-.0899 for a 199% gain!

Extended Watchlist:
ZEST, ENGH, BYZN, TRNX