AXSM Runner, Options Ideas

Axsome Therapeutics, Inc. AXSM 

We’ve got a major recent success story to tell with AXSM today. We highlighted this stock roughly seven weeks ago in our report on October 16th, and AXSM has done very little else but continue to press upward, setting new highs on a practically daily basis.

We would tag in yesterday’s report once again before seeing the stock attain new highs for the umpteenth time in recent weeks.  Our observed low following our initial alert is 20.48, and as of yesterday’s brand new high of 47.24, that marks a fantastic swing of 131% There’s no telling where this wild ride will let off, with the stock having already been firmly in Blue Sky territory for well over a week now.


Fresh Options Ideas

Workday Inc. WDAY reported on earnings in the post-market yesterday, and despite a beat on sales and earnings, the company’s forecast precipitated a shakedown of the stock. We’re going to sit on the bearish side of the fence and monitor to the WDAY Weekly $167.50-165 Puts

Excelon Corp. EXC is simply a double-bottom, potential extended-term rebound idea that we want to offer up. We’re going to begin tracking the EXC 02/21 $45-47 Calls, with the stock looking due for a recovery at any time.


Extended Watchlist: 
DBVT, YTEN, ASLN, WKHS, TYME, CHK, CLVS, CPST

Closing Out a Great Trading Week

Weekly Wrap-Up

We absolutely crushed on the options front this week. This occurs on a weekly basis to some extent, but our success this week was especially pronounced.

We had just gotten finished yesterday morning updating readers on the 200%+ gains made by our CAT calls in the previous session (which added new highs yesterday, by the way), when we submitted three fresh options trading ideas.

 We are pleased to report that two out of three of our newly submitted ideas produced opportunities for multi-bag gains for ourselves and our readers, with the third coming awfully close. Here’s the breakdown: 

AZN Weekly $46-47 Calls
$46 Calls – Range: 
.33-1.25 – Max Gain: 279%
$46.50 Calls – Range: .20-.60 – Max Gain: 200%
$47 Calls – Range: .15-.45 – Max Gain: 200%

PYPL Weekly $104-105 Calls
$104 Calls – Range: 
.75-1.51 – Max Gain: 101%
$105 Calls – Range: .35-.80 – Max Gain: 129%

MSFT Weekly $138-139 Calls 

$138 Calls – Range: 1.35-2.50 – Max Gain: 85%
$139 Calls – Range: .83-1.65 – Max Gain: 99%

____

Fresh Options Ideas:
INTC Weekly $52.50-54 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.


Black Cactus Global, Inc. BLGI

Thanks to our dear trader friend, Mark S. who has been a longtime follower of ours, for sending us a PM in the premarket relaying the fact that the company just reinstated with the SOS.

That led to us including BLGI in yesterday’s extended watchlist, and the stock subsequently made a move from .0069-.0265, for an upswing of  284% on the day!

Having a solid community of respected members is what we thrive on, and encourage others to join. If you have something that warrants the rest of our readers’ attention, feel free to reply to one of our daily email reports! (You have to be subscribed first!). We hope you consider joining us, and have a great weekend!


Extended Watchlist:
BIOC, USLV, CPST, TEUM, ALIM, FSM, DEST

Blue Horseshoe Stocks: Options Movers

Options Updates: 

We’re going to start out this morning by going over some recent extended term options ideas we’ve had and the success they’re enjoying after Friday’s market rebound from Wednesday’s big dip. We are also seeing the makings of a continuation of Friday’s momentum today, so we expect to see the gains listed on our ideas to below to be expanded with another bullish session. 

Agilent technologies, Inc. A – Our timing with Agilent couldn’t have been much better, citing the A 9/20 $65-70 Calls as our area of interest on Wednesday. The recovery that would follow for stocks in general would  help push those targets to some extremely solid intraweek runs.

$65 Calls – Range: 3.50-6.71 – Max Gain: 92%
$67.50 Calls – Range: 2.30-4.48  – Max Gain: 95%
$70 Calls – Range: 1.35-2.80 – Max Gain: 107%

_____

Boeing Corp. BA – We have been tracking a range of Boeing calls since early this month, signaling our interest in the BA 09/06 $340-350 Calls on the morning of August 5th. We’ve seen some pretty good activity from four out of those five sets of contracts, and will continue to monitor for further gains as we mentioned above.

$340 Calls – Range: 2.80-4.64 – Max Gain: 66%
$342.50 Calls – Range: 2.10-3.70  – Max Gain: 59%
$345 Calls – Range: 1.08-2.85 – Max Gain: 164%
$347.50 Calls – Range: 1.60-2.35 – Max Gain: 47%
____

Fresh Idea:
SPY Weekly $290.50-291.50 Calls


Extended Watchlist:
CPST, REKR, BGG, RVLT, NOVA, AXSM, WB, JAGX, VRAY, INPX