2 Straight Weeks of Wins, 4 Fresh Ideas

Friday’s Incredible Achievement:

It’s a happy start to Thanksgiving week for us on this Monday morning, as we look back to the tremendous achievement we accomplished on Friday. As we were mentioning in our premarket report, we had been hoping to call another perfect slate of earnings and complete our second consecutive week without missing on a single pick.

We are exceedingly pleased to report that all five of Friday’s plays helped us to reach that goal. The SPY 11/17 $451-452 Calls, the GLBE Weekly $30 Calls, the ROST Weekly $126-128 Calls, the BJ Weekly $65 Puts, and the AMAT Weekly $145-143 Puts sealed the deal for us and registered our second trading week in a row of nothing but winners! Here’s the breakdown of Friday’s activity on those contracts, all of which recorded multibag intraday upswings:

SPY 11/17 $451-452 Calls
$451:
 .16-.60 (+275%)
$452: .06-.15 (+150%)
_____

GLBE Weekly $30 Calls
$30:
 .20-1.10 (+450%)
_____

ROST Weekly $126-128 Calls
$126:
 1.55-5.10 (+229%)
$127: 1.20-4.25 (+254%)
$128: .70-3.32 (+370%)
_____

BJ Weekly $65 Puts
$65: .15-1.00 (+567%)
_____

AMAT Weekly $145-143 Puts
$145:
 .11-.51 (+363%)
$144: .06-.26 (+333%)
$143: .03-.13 (+333%)


Fresh Options Ideas:
LEGN 12/15 $70 Calls
AAPL Weekly $190 Calls
TSLA Weekly $235 Calls
COIN Weekly $100-101 Calls


Extended Watchlist:
BEGI, CATV, STAL. NHMD, ARTH, EARI, EEGI, CYTO, OPTX, LRHC, FBIO, LOCL

Ending Another Great Trading Week on a High Note

On the Brink of Another Flawless Weekly Run:

As we were mentioning in yesterday morning’s report, we are right on the cusp of stringing together the second consecutive week without missing on a single options idea. We took the next-to-last step yesterday by putting up a list of five possible options plays, all five of which produced notable intraday upswings. That brings it down to today, and with another nice group of earnings reporters with new figures out this morning, there’s a solid chance that we will complete this second weekly sweep of perfection.

Yesterday’s targets, nearly all bearish in nature, were the PANW Weekly $245-240 Puts, the WMT $162.50-157.50 Puts, the BABA Weekly $82-80 Puts, the NTES Weekly $115-110 Puts and the NICE Weekly $190 Calls, and here we have the performances they exhibited for the day:

PANW Weekly $245-240 Puts
$245:
 3.77-7.58 (+101%)
$242.50: 2.55-5.60 (+120%)
$240: 1.49-4.13 (+177%)
_____

WMT $162.50-157.50 Puts
$162.50: 2.80-7.00 (+150%)
$160: 1.75-4.50 (+157%)
$157.50: .66-2.35 (+256%)
_____

BABA Weekly $82-80 Puts
$82:
 1.77-3.70 (+109%)
$81: 1.09-2.66 (+144%)
$80: .60-1.92 (+220%)
_____

NTES Weekly $115-110 Puts
$115: 2.25-3.30 (+47%)
$110: .33-.75 (+127%)
_____

NICE Weekly $190 Calls
$190:
 2.15-6.46 (+200%)


Fresh Options Ideas:
SPY 11/17 $451-452 Calls*
GLBE Weekly $30 Calls*
ROST Weekly $126-128 Calls*
BJ Weekly $65 Puts*
AMAT Weekly $145-143 Puts*

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
BEGI, CDIX, BLQC, HLGN, NICH, BCNN, EBET, EARI, BOMO, CRCW, BDRL

Blue Horseshoe Stocks: TLOG Recap, Options & More

TetraLogic Pharmaceuticals Corp. TLOG

We pointed out what we felt was an interesting chart on TLOG yesterday morning in our premarket report, and the stock ended up being our top performer of the day.

We witnessed an intraday run from .31 to .62, a perfect 100% double-bag rip and it came on roughly 16.5X the three-month average trading volume. The stock ended the day at .49, sustaining more than half of its daily advance into the close. That puts us on momentum alert for the possibility of another solid session today.

Remember, there’s still an enormous gap to fill on the chart from around .65-1.50, so if we can see a testing of the lower limits of that gap, things could get mighty interesting with TLOG really quickly. We’ll be sure to stay on alert.


BP plc (BP) – Options Idea

After an interesting mixed-result earnings release in which BP reported an 80% slide in profits for Q1, yet still managed to beat estimates, we’re seeing an interesting bit of premarket activity. With the stock having gapped up roughly a dollar, we’re going to go ahead and signal a range of options that should fare well if the sentiment in early trading prevails during the session.

Of course we’ll have to keep our eyes peeled for an early dip-and-rip, but if things unfold the way we suspect they may, we’ll be very interested in tracking the BP Weekly $32-33.50 for potential daytrade/swing trade chances as we head into midweek.


Eleven Bio-Therapeutics, Inc. EBIO – Update

We also want to track back to a call we made on Friday, April 15th, suggesting our readers watch the stock into last week, and it ended making an excellent six-session Friday-to-Friday swing of 227%

The stock ran from a low of .52 to 1.70, and just began to consolidate yesterday as we kicked off the new trading week. Now that we’ve followed EBIO on the way up, we’ll continue to monitor it as it comes down, staying ready for any bounceplay opportunities that might present themselves.


Extended Watchlist:
STEV, ONOV, HPTG, EARI(Bottom-bouncer)