Excellent Options Plays & More

Moderna Inc. MRNA – Update: 

On Monday morning, we began tracking some August calls in the MRNA chain, the MRNA 08/20 $195-210 Calls. In yesterday’s report, we updated readers on the modest moves they made, and also issued an added idea in the MRNA Weekly $210-212.50 Calls, just to make things even more interesting.

Both sets of ideas have flourished as MRNA has posted two excellent daily performances in a row, rising from around $200 to more than $220. That has facilitated some highly respectable moves in every last one of our designated targets.

Here are the two-day ranges on the August calls and the intraday run recorded by the weeklies yesterday:

MRNA 08/20 $195-210 Calls
$195: 23.50-36.05 (+53%)
$200: 18.00-33.47 (+86%)
$210: 13.55-27.50 (+103%)
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MRNA Weekly $210-212.50 Calls.
$210: 5.20-13.50 (+160%)
$212.50: 4.32-11.00 (+155%)


Korn Ferry KFY – Recap:

Also new in yesterday’s premarket offerings were our targets in the KFY options chain. We signaled interest in tracking the KFY Weekly $65-70 Calls, and are pleased to report that those contracts made monster moves on the day.

KFY Weekly $65-70 Calls
$65: 2.00-6.10 (+205%)
$70: .55-3.00 (+445%)


Fresh Options Ideas:
PDCO 07/16 $34-31 Puts
WGO 07/16 $65-70 Calls


Extended Watchlist:
ACST, CLOV, ENTX, RETO, SEAC, KYNC, RSHN, SSOF, GTII, ZONX, XLFS, LGBI, NXGT, EVLI, DRNK, IJJP, ADGO

Closing Out the Holiday-Shortened Week

Options Round-Up:

We’ve got a lot of options figures to share this morning, after our existing and new targets in BNTX produced intraday gains yesterday, as well as the other fresh ideas we offered up in the LULU and WBA chains. We saw notable activity in nearly everything on our radar in the first half of the session, producing a multitude of chances for our readers to potentially reap the rewards of some solid moves.

Here are all of the contract sets that produced intraday gain chances, with the exception of the BNTX $99-101’s, which are the lows registered in the prior session, to yesterday’s swing highs:

BNTX Weekly $99-101 Calls
$99:  2.90-7.00 (+141%)
$100: 2.15-11.00 (+411%)
$101: 2.30-9.60 (+317%)

$105: 3.80-6.52 (+72%)
$106: 3.92-5.00 (+28%)
$107: 2.25-4.50 (+100%)
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WBA Weekly $53-54 Calls
$105: 1.30-3.65 (+181%)
$106: .86-3.12 (+263%)
$107: .71-2.65 (+273%)
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LULU Weekly $315-310 Puts
$105
: 8.28-15.00 (+81%)
$106: 9.36-11.50 (+23%)
$107: 3.90-10.04 (+157%)


Fresh Options Ideas:
SHW 04/16 $246.67-250 Calls
SPY Weekly $397-398 Calls* 

MU Weekly $91-93 Calls*

*Please do not attempt to trade options with a weekly expiration on the last day of the week, unless you are an experienced trader with access to disposable funds.


Extended Watchlist: 
ASZP, ADHC, EENF, MDMP, NWGC, GTII, VPER, OPTI, MMEX, GGSM