Massive Options Gainers, 4 New Ideas

Clean Sweep Tuesday:

It was a terrific Tuesday for us, with a really strong day for the markets, and an incredible performance by each and every one of our tracked options targets for the day. We had a bunch of earnings reporters to work with, and laid out four potential targets that we liked the most. The results were very pleasing, and with another full slate of earnings today, we’re finally making our way back to a full calendar after several weeks going without.

Our interests from yesterday’s premarket report were the JNJ Weekly $155-160 Calls, the BAC Weekly $26.50-27.50 Calls, the BK Weekly $42.50 Calls, and the LMT Weekly $435-432.50 Puts. and here were the excellent multibag moves they recorded for the session:

JNJ Weekly $155-160 Calls
$155:
 1.28-4.25 (+232%)
$157.50: .63-2.44 (+287%)
$160: .13-.76 (+484%)
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BAC Weekly $26.50-27.50 Calls
$26.50: .50-1.42 (+184%)
$27: .29-.96 (+231%)
$27.50: .12-.56 (+366%)
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BK Weekly $42.50 Calls
$42.50: .25-1.70 (+580%)
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LMT Weekly $435-432.50 Puts 
$435: .55-3.80 (+591%)
$432.50: .42-2.70 (+543%)


Fresh Options Ideas:
PG Weekly $147-149 Calls
ASML Weekly $597.50-590 Puts
ABT Weekly $93-95 Calls
ELV Weekly $470-480 Calls


Extended Watchlist:
RVLP, SFT, MCOM, ARDX, CNXA, TGL, BXRX, ICU, BIOC, INBS, EBET, ELYS

Success Times SIX, Fresh Ideas to End the Short Week

Perfect Way to End the Short Week:  

It was a big day for options yesterday, with a huge slate of earnings reporters leading us to formulate a larger-than-usual field of potentials. We offered up SIX fresh trading possibilities in our premarket report, and all six turned in some really nice intraday performances. We went mostly bearish on the day, with just one set of calls to five sets of puts. The results were very pleasing, and it’s a heck of a great way to close out a short trading week!

Our 6-pack of targets for Thursday were the SPY 09/07 $445-443 Puts, the CHPT Weekly $7-6 Puts, the AEO Weekly $17.50-16.50 Puts, the AI Weekly $28.50-27.50 Puts, the GIII 09/15 $20-22.50 Calls and the SAIC 09/15 $115-105 Puts. The excellent chances they afforded traders on the session were as follows:

SPY 09/07 $445-443 Puts
$445:
.32-1.04 (+225%)
$444: .10-.41 (+310%)
$443: .03-.12 (+300%)
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CHPT Weekly $7-6 Puts
$7:
.90-2.01 (+123%)
$6.50: .57-1.52 (+167%)
$6: .22-1.03 (+368%)
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AEO Weekly $17.50-16.50 Puts
$17.50: .30-.89 (+197%)
$17: .10-.44 (+340%)
$16.50: .02-.20 (+900%)
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AI Weekly $28.50-27.50 Puts
$28.50: 1.27-3.00 (+136%)
$28: .61-1.55 (+154%)
$27.50: .41-1.14 (+178%)
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GIII 09/15 $20-22.50 Calls
$20: 1.30-3.12 (+140%)
$22.50: .42-1.85 (+340%)
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SAIC 09/15 $115-105 Puts
$115:
1.90-4.50 (+137%)
$110: .53-1.70 (+221%)
$105: .10-.41 (+310%)


Fresh Options Ideas:
DOCU Weekly $52-54 Calls
RH Weekly $347.50-340 Puts
SMAR 09/15 $40-45 Calls
SWBI 09/15 $10-12.50 Calls


Extended Watchlist:
BIOC, AGBA, ZVSA, IMPL, EZGO, ELUT, AAWH, RTSL, YCRM

Multiple Updates, Fresh Ideas

PHI Group, Inc. PHIL – Recap:

We’re back this morning with another update on PHI, a stock we’ve been tracking for a couple weeks now. We initially tagged this play in our June 8th report, and have been following along ever since. Subsequent to that alert, the stock registered a low of .0055 before taking off to new highs.

We reported an update on PHIL’s activity a week ago today, however this new trading week has brought still more new highs for this stock, with the PPS hitting .0185 yesterday. That works out to an overall move of 236%  Even if you only caught last week’s update on PHIL, you still could have caught a solid move from .0082 to yesterday high of .0185 which represents a move of 126%


Smith & Wesson Brands, Inc. SWBI – Recap:

We rode some SWBI options for really nice gains between last week and this week as we mentioned in yesterday’s report, but with another huge surge in the stock to open up the week, the percentage gains in SWBI stock itself have become notable.

When we issued our idea on Friday, SWBI traded for as little as 20.75, and as of its newly registered high yesterday of 28.18, that marks a two-day swing of 36%, which is nothing to sneeze at for a $20+ stock.


Moderna Inc. MRNA – Review:

Just to provide a quick update on our MRNA options idea that we issued yesterday- despite choosing a longer-term set of contracts, we did see instant gratification as MRNA spiked on the day and provided for a very good start for our tracked contracts, the MRNA 08/20 $195-210 Calls.

MRNA 08/20 $195-210 Calls
$195: 23.50-27.85 (+19%)
$200: 18.00-25.10 (+39%)
$210: 13.55-19.95 (+47%)

We’ll add some weekly targets into the mix as well with the MRNA Weekly $210-212.50 Calls.
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Fresh Options Idea:
KFY Weekly $65-70 Calls 


Extended Watchlist:
KRFG, DRNK, APTY, BLUU, GMER, SSOF, TMXN, FOMC, VTVT, ALF, BPTH, BIOC, ADIL