Tag: BTU

ROKU Recap, Fresh Options Plays

Roku, Inc. ROKU – Recap 

We’re going to close out this trading week by recapping the moves in the ROKU Calls we signaled for tracking on Wednesday morning. We were interested in the momentum that was built up in the stock over an extended period, and we took a shot with the ROKU Weekly $310-315 Calls.

Yesterday brought just the sort of activity we were looking for, mas ROKU posted a very nice move on the day, allowing for the following new highs and gain opportunities in those contracts:

ROKU Weekly $310-315 Calls
$310: 2.29-12.68 (+454%)
$315: 1.37-8.69 (+534%)

Fresh Options Ideas: 

We have a large group of potential options plays as this trading week draws to a close, with several big name earnings reports dropping. Disney announced several new and highly anticipated shows to come in 2021 and is trading vigorously in the premarket. Here’s what we’re tracking heading into week’s end.

QIWI 01/15 $10-12.50
DIS Weekly $160-165 Calls*
RIG Weekly $2.50 Calls*
BTU 12/18 $2 Calls
ORCL Weekly $59.50-61 Calls*

*Please don’t attempt to trade options with a weekly expiration on a Friday unless you are a well-seasoned trader with access to disposable funds!

Extended Watchlist:
BSGM, HAVLF, DLOC, JNSH, KGKG

Fresh Ideas for an Exciting Friday Finish

Dominos Pizza Inc. DPZ – Options Recap 

We have been very light on options plays over the past week or two, as we are still in a lull for earnings reporters, which are the typical catalysts that we use to take advantage of the inherent volatility that generally follows a quarterly number drop.

. We still have managed to find an opportunity here and there, and yesterday our instincts told us to go short on Dominos. We signaled the DPZ Weekly $427.50-417.50 Puts and saw some good moves

DPZ Weekly $427.50-417.50 Puts
$327.50: 18.85-30.10 (+118%)
$325: 17.99-30.35 (+151%)
$322.50: 13.97-26.10 (+203%)
$320: 11.78-24.90 (+337%)
$317.50: 10.46-21.55 (+118%)
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SPDR S&P500 (ETF) SPY – Options Idea

We have been tracking the $340-341 Calls throughout the week, and based on the solid progress we’ve seen there ansd the premarket activity we’re observing this morning, we’;ll go ahead roll up to the SPY Weekly $344-345 Calls to stay close to the action.

More Fresh Options Ideas

Despite having no earnings to push these along, here are a handful of options plays we’ll be tracking today:

CGC Weekly $18 Calls
X Weekly $8-9 Calls
BBBY Weekly $21-22 Calls 


Camber Energy, Inc. CEI – Recap

We also want to backtrack a bit to our September 25th call of CEI today following what has been a very respectable run for the stock.

The day after our tag of CEI, the stock saw a low of .5011 and hasn’t looked back. Yesterday, a very impressive intraday move carried it to a new high of 1.43, which works out to an increase of 185% over a span of just ten trading days!

Extended Watchlist:
BTU, WWR, SNMP, GMEV, UNGS, UATG, RIOT, KNDI, 

Blue Horseshoe Stocks: New Options Ideas & More

Bon-Ton Stores, Inc. BONT

The markets as a whole have been beaten back this week, but in some cases, that can provide opportunities for stock bargains. One potential candidate that we’re going radar today is BONT, for numerous reasons.

First of which, the stock has just recorded a new 52-week low on the heels of some marginally disappointing Q2 figures, and all of our regular readers are quite aware of our affinity for a good recovery play. BONT also has a relatively low market cap for a company with its assets and revenues, thus it currently has the appearance of being undervalued in our opinion
.
Lastly we are heading into retail season, a time when department stores such as Bon-Ton generally experience increased sales, with school shopping in full swing and the holidays rapidly approaching. This and other retail stocks have traditionally been a boon to us as fall approaches, often offering a reprieve from the dog days of summer.

Direxion Daily Jr Gld Mnrs Bull (JNUG)

When the markets undergo the kind of distress we’ve been experiencing recently, many investors seek shelter in precious metals. We’ve turned to JNUG in the past in situations like these, so we’re going to be monitoring this fund for as long as stocks continue to struggle.

We’ve formulated the following options ideas for the JNUG chain:

To take advantage of the possibility of a protracted rebound, we’re going track the JNUG Weekly $12-13 Calls for chances at intraday flip opportunities, and in the event of a continued uptrend, we’ll flag the 08/28 $12-13 Calls for a longer-term idea.

Deere & Co. DE

On decreased Q4 guidance and a 40% drop in  quarterly profits, DE is taking a pounding in premarket trading today. The stock is trending below the 200DMA of 89.54, having gone as low as 85.72. If the stock doesn’t manage to rebound above to that 200DMA, we’ll look for it to continue its tumble. As a related options idea, we’re going to tag DE 09/04 $87-84 Puts for observation.

Extended Watchlist:
BTU(Momentum), COSI(Bottom-Watch)