Good Start to the Week, Trio of New Options Targets

Monday’s Movers:

We were able to get off to a pretty decent start for the week on Monday, with the ideas we included in our premarket report producing some pretty nice opportunities on the day. We were a little thin on big name earnings reporters, but we made it work nonetheless.

Our focal points for the day were the SE Weekly $56-58 Calls, the AVDL 03/15 $15 Calls, the MARA Weekly $27.50-28.50 Calls, and the COIN Weekly $220-222.50 Calls. Here are the chances they gave us to profit off of yesterday’s session:

SE Weekly $56-58 Calls
$56
: .74-2.02 (+173%)
$57: .50-1.70 (+240%)
$58: .40-1.43 (+257%)
_____

AVDL 03/15 $15 Calls
$15: .40-2.30 (+475%)
_____

MARA Weekly $27.50-28.50 Calls
$27.50: 1.63-3.25 (+99%)
$28: .74-1.33 (+80%)
$28.50: .68-1.18 (+73%)
_____

COIN Weekly $220-222.50 Calls
$220: 7.55-22.00 (+191%)
$222.50: 6.84-20.30 (+197%)



Fresh Options Ideas:
AVAV 03/15 $150-155 Calls
TGT Weekly $160-165 Calls
PAY 03/15 $20 Calls


Extended Watchlist:
CRGE, CYDY, CRYBF, KBLB, POLC, CASI, PHUN, LVTX

Blue Horseshoe Stocks: DAL, LEVI Options

Centene Corp. CNC

This play continues to dominate our headlines for the third time this week, with the stock making yet another sizable move yesterday. We originally called this idea on March 27th, the CNC 09/20 $50-55 Calls. and the response has been fantastic, with the stock itself running from a low of  49.56 that morning, to yesterday’s high of 58.25 (+18%).

It has produced some fantastic gain opportunities for anyone who had the good fortune to catch our initial alert; especially those who went with the $55’s. The total moves over this ten-session span are as follows:

$50 Calls – Range: 1.80-9.50 – Max Gain: 428%
$52.50 Calls – Range: 3.84-8.60  – Max Gain: 124%
$55 Calls – Range: .31-7.50 – Max Gain: 2319%


FRESH OPTIONS IDEAS:
Delta Air Lines, Inc. DAL Weekly $57.50-58.50 Calls
Levi Strauss & Co. LEVI 04/18 $23-24 Calls


Extended Watchlist:
FSLR, TNAV, TPX, INPX, CASI, PRPO, ONCS, AVGR

Blue Horseshoe Stock: INSE Update & More

Inspired Entertainment Inc. INSE – Update

Yesterday morning, we placed INSE on recovery watch in the wake of its quarterly reporting. We cited the attractive bottom-bounce that was in effect as the markets had tanked the previous day and INSE managed to buck that trend.

Our instincts about this play turned out to be very good, with the stock piling on yet another very solid trading session. The stock’s low came in right at the opening price of 3.86 and it never looked back. INSE ran up to 5.23, representing a respectable single-session rise of 35%

It also closed just three cents lower than the high of day, setting us up to see if the stock can continue to build upon the momentum it has thus far exhibited.


DSW, Inc. DSW

We’d also like to formulate a fresh options idea for the DSW chain, after noticing an attractive chart setup. The stock has been trading at its lowest PPS since May, which when coupled with solid earnings and guidance in this morning’s quarterly report, could make for just the right conditions to strike on some options trades.

We’re going to signal interest in the DSW 12/21 $22.50 & $25 Calls, and keep those on watch throughout the rest of the week and into the next.
_______

Bonus Idea:
SPY Weekly $266.50-268.50 Calls


Extended Watchlist:
CASI, CNAT, HOLX, CDE, TQQQ, TNXP, LCI, AEO(Bottom play)