Options Winners Across the Board

Clean Options Sweep: 

We brought the heat in yesterday morning’s premarket report, in which we hashed out a selection of four potential options plays based off of earnings, and we were really pleased with the results. We offered up four sets of possible plays, and each and every one of them returned opportunities for intraday gains.

Our specific targets were the NEOG Weekly $15.50-16.50 Calls, the CAG Weekly $39-40 Calls, the STZ Weekly $227.50-222.50 Puts, and the WBA Weekly $36.50-35.50 Puts. The level of gain chances we saw ranged from moderate to explosive, but no matter how you slice it, we scored another clean sweep and perfect session on our selections for the day. Here’s the breakdown of their activity:

NEOG Weekly $15.50-16.50 Calls
$15.50: .40-.70 (+75%)
$16: .20-.45 (+80%)
$16.50: .10-.18 (+80%)
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CAG Weekly $39-40 Calls
$39:
 .50-1.20 (+140%)
$40: .15-.45 (+200%)
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STZ Weekly $227.50-222.50 Puts
$227.50:
 6.95-16.85 (+192%)
$25: 4.00-15.75 (+294%)
$222.50: 1.70-13.70 (+706%)
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WBA Weekly $36.50-35.50 Puts
$36.50: .76-2.17 (+186%)
$36: .49-1.61 (+229%)
$35.50: .29-1.22 (+321%)


Fresh Options Ideas:
SPY 01/06 $381-383 Calls*

GBX 01/20 $35-30 Puts
TSLA Weekly $107-104 Puts*

*Please don’t attempt to trade options on their day of expiration unless you are an experienced trader with access to disposable funds!


Extended Watchlist:
SPRB, CTMX, MGAM, ATXG, MEGL, GSUN, PHIL, KGKG, BCNN, TGGI, CETY

Big Options Runners, Fresh Plays

Options Recaps:

We got back onto the track of options perfection yesterday, with our premarket report containing ideas for the chains of three big name earnings reporters. Despite a choppy and lackluster session for the markets in general, there was plenty of good volatility and intraday movement in our selected plays for ourselves and our readers to benefit greatly.

The trio of potential plays we were focused on for the day yesterday were the LOW Weekly $210-215 Calls, the AAP Weekly $160-155 Puts, and the TGT Weekly $157.50-152.50 Puts. The LOW and AAP targets were the main runners, posting multibag gains across the board. The TGT Puts didn’t run quite so hard but still recorded some very respectable intraday runs. Here’s how it all broke down for us:

LOW Weekly $210-215 Calls
$210:
 4.10-11.45 (+179%)
$212.50: 2.96-9.25 (+212%)
$215: 1.47-7.50 (+410%)
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AAP Weekly $160-155 Puts
$160:
 3.22-9.20 (+186%)
$155: 1.25-5.50 (+340%)
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TGT Weekly $157.50-152.50 Puts
$157.50: 2.33-3.85 (+65%)
$155: 1.40-2.40 (+71%)
$152.50: .77-1.40 (+82%)


Fresh Options Ideas:
M Weekly $20.50-21.50 Calls
BJ Weekly $80 Calls
BBWI Weekly $36-37 Calls
NVDA Weekly $160-157.50 Puts 


TPT Global Tech Inc. TPTW – OTC Recap:

We’d also like to provide a quick update on TPTW. This stock appeared on our extended watchlist in yesterday morning’s premarket report, and ended up posting a solid intraday run for us. From a low of .0047 this subpenny play ran on up to .0089, which registers as a single-session rise of 89%


Extended Watchlist:
CRTD, ENZC, LRSV, SKYE, XTRM, MJWL, PACV, ARDX, CTMX, CUEN, GLBL

Solid Stock and Options Calls

Myovant Sciences Ltd. MYOV

In yesterday morning’s premarket report, we included MYOV in our Extended Watchlist for the day. It was a stroke of perfect timing, as it would end up the day’s top traded play on the NASDAQ.

The stock had been trading in a lackluster fashion for an extended time period, but the company’s revelation of completed prostate cancer treatment trials and plans to submit to the FDA, helped generate some really nice activity in the stock that is spilling over into the premarket today.

We’ve seen two distinct swings thus far, with MYOV first running from 12.64-17.16 (+36%) yesterday, before pulling back to 10.37. In the premarket this morning it has surged back to 15.31, a 48% upswing. We’ll be eager to continue tracking this interesting activity.



Kohls Corp. KSS

We also had a range of bearish options ideas in the Kohl’s chain in yesterday morning’s newsletters, and thanks to a poor showing on earnings, we saw deep decline in KSS stock despite the fact that we are headed into the thick of retail season.

Our ideas were the Kohls Corp. KSS Weekly $53.50-51 Puts, which put forth the following gain opportunities on the day:

$53 Calls – Range: 3.07-5.92 – Max Gain: 93%
$52.50 Calls – Range: 2.80-5.30 – Max Gain: 89%
$52 Calls – Range: 2.64-5.00  – Max Gain: 89%
$51.50 Calls – Range: 2.10-4.30 – Max Gain: 105%
$51 Calls – Range: 1.80-4.00  – Max Gain: 122%

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Fresh Options Idea
Target Corp. TGT Weekly $119-123 Calls 
Canopy Growth Corp. CGC Weekly $15.50-16.50 Calls


Extended Watchlist:
BAS, YTEN, CTST, I, SGLB, OCGN, DFFN, CTMX, CRZO