Big Finish to a Winning Week

Options Reviews 

To close out what has been a very interesting trading week, we will start by going over our winning options plays from yesterday morning’s premarket report. We had signaled some ideas in the RAD and ACN chains that put up quite a nice intraday performance.

The targets to which we are specifically referring were the RAD Weekly $13.50-14.40 Calls and the ACN Weekly $207.50-212.50 Calls. All of the sets in those ranges produced notable moves on the day:

RAD Weekly $13.50-14.50 Calls
$13.50:  .86-3.15 (+266%)
$14: .59-2.69 (+356%)
$14.50: .34-2.11 (+521%)

We’re going to refresh our idea here and roll up to the RAD Weekly $16-16.50 Calls* as well this morning.

*Please do not attempt to trade weekly options on a Friday unless you are an advanced trader with access to disposable funds!
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ACN Weekly $207.50-212.50 Calls
$207.50:  4.22-10.50 (+149%)
$210: 3.50-8.23 (+135%)
$212.50 2.02-6.00 (+197%)
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Fresh Options Ideas:
PRGS 07/17 $40 Calls
SNX 07/17 $115-120 Calls 



Other Updates

We’ve also got a few other stock calls that have exploded toward the end of this week, illustrating the excellence we regularly exhibit in seeking out all types of gain opportunities:

Vaxart, Inc. VXRT
Alerted: 06/25 |  Range: 3.45-12.28 | Gain: 256%
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AeroVironmentB Inc. AVAV
Alerted: 06/24 |  Range: 1.65-6.30 | Gain: 282%
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Global Arena Holding Inc. GAHC
Alerted: 06/25 |  Range: .0027-.015 | Gain: 456%


Extended Watchlist:
ALYI, PNAT, EKSO, DLCR, BLIC

DRRX Update, FDX Options

DURECT Corp. DRRX – Review

With one half session remaining before the midweek holiday hiatus, and the earnings calendar once again void of activity, we want to circle back to a recent mention of ours in DRRX. We placed the stock on our radar last month on the 12th, and in the roughly five weeks since, it had really begun to put up some solid performances.

Subsequent to its inclusion in our premarket report on 11/12, DRRX registered a low of 1.72, and yesterday the stock once again registered a new high of 3.00. That’s an overall increase of 74% The stock also closed just a few cents below its high of day, so we’ll continue to keep an eye on its activity.


FedEx Corp. FDX – Fresh Options Idea

FedEx recently reversed and bounced off of its lows, and now appears to be in position to begin filling a gap on the chart. In anticipation of this we are going to place a range of calls in the FDX chain on longer term watch.

We;re going to go out to the FDX 01/31 $157.50-160 Calls to continue to track through the holidays and into the new year.


Extended Watchlist:
EKSO, ZN, OGEN, PT, KOD, SLNO, VLRX, ITCI,

Kicking Off a Fresh Trading Week

Luckin Coffee, Inc. LK – Options Recap 

This past Wednesday morning, we signaled a range of calls in the LK chain, and the incredible move made by the stock on Friday, pushed those contracts to some very lofty gains.

LK stock itself ran from a low of 21.95 and hit 27.31, registering as the NASDAQ’s #6 top daily gainer, and moving up 24% in the process, which is a fantastic intraday move for a $20+ stock.

As far as our targets of interest, the LK 11/22 $19-21 Calls, the following gains were possible with Friday’s amazing run.

$19 Calls – Range: 1.96-5.75 – Max Gain: 193%
$19.50 Calls – Range: 1.70-4.50 – Max Gain: 165%
$20 Calls – Range: 1.35-6.50 – Max Gain: 381%
$20.50 Calls – Range: 1.10-3.60  – Max Gain: 227%
$21 Calls – Range:  .71-5.37 – Max Gain: 656%


Eros International plc EROS 

We’ve been tracking EROS since October, with the first of two alerts in that moth coming on the 9th.

Since that time we have witnessed some pretty nice activity in the stock, observing a low of 1.25, and as of this morning’s premarket high of 2.70, it has made an overall move of 116%

We are going to highlight some EROS options as well for a fresh idea to start the week off with, the EROS 12/20 $2.50 Calls.


Extended Watchlist:
SGLB EKSO, SMSI, SRRA, ALNA, VNTR, RTTR