Earnings Plays Paying Off:
We entered a nice mix of options plays both bearish and bullish in our report yesterday morning based on earnings. We were targeting contracts in the TSLA, GE, and RTX chains, specifically the UPS Weekly $210-205 Puts, the GE Weekly $12.50-13 Calls, and the RTX Weekly $86.50-87.50 Calls.
Those targets recorded some very respectable moves on the day, with a fair few breaking into double-bag territory. We can’t always guarantee that our daily ideas will bear fruit, but it’s always nice when we score a 100% success rate. For our newer readers, this actually happens with a frequency that we’re very proud of, and believe you will be impressed with!
Here were the intraday ranges and total possible gains in those plays:
UPS Weekly $210-205 Puts
$210: 12.70-19.55 (+50%)
$207.50: 11.01-16.79 (+51%)
$205: 8.45-14.79 (+54%)
GE Weekly $12.50-13 Calls
$12.50: .42-.71 (+356%)
$13: .14-.31 (+137%)
RTX Weekly $86.50-87.50 Calls
$86.50: 1.51-2.87 (+51%)
$87: 1.24-2.55 (+54%)
$87.50: .91-2.14 (+51%)
More Post-Earnings Options Ideas:
BA Weekly $230-235 Calls
AMD Weekly $92.50-93.50 Calls
SBUX Weekly $124-122 Puts
MSFT Weekly $287.50-292.50 Calls
Probability Media Corp. PBYA – Recap:
We’d also like to recap the performance of an OTC play we’ve been tracking this month. We tagged PBYA in yesterday morning’s extended watchlist and the stock ran for a respectable 56% from .0085-.0133.
For anyone who caught our earlier alert on this play a few weeks ago on the 7th, subsequent to which time it was trading for as little as .0035, yesterday’s high represented an overall move of 280%
BTBT, INFI, GRVI, SPRT, BOTY, TXTM, CPSL, NHYF, CMFO, DPLS, RSHN, SEEK