Key Options Winners

Options Review

Good day traders, we’re kicking off another exciting week of speculation, but first we want to report back on the potential gains from the group of varied options ideas we included in Friday morning’s premarket report.

Those ideas included potential strikes in the BYND, BA, and MSFT options chains, and we saw some nice moves from our bearish and bullish targets alike. Here’s the rundown of what worked, and how well: 

BYND Weekly $150-149 Puts
$150
: 1.03-4.00 (+288%)
$149: .81-3.00 (+270%)
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BA Weekly $167.50 Calls
$167.50: .82-3.70 (+351%)
_____

MSFT Weekly $202.50-205
$202.50: 1.95-3.15 (+62%)
$205: 1.33-2.30 (+73%)
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Fresh Options Ideas:
SPY Weekly $324-325 Calls
AAPL 10/09 $105-106 Calls


iBio, Inc. IBIO

We have identified an attractive chart setup on IBIO, a stock we have had some experience with in the past.

Coming off of a recent bottom, there’s a good amount of room for the stock to run, so we’re going to place it on watch as a possible longer-term recovery play.


Extended Watchlist:
NXMR, HDII, RAFA, MSSV, MTPP, NMTC

ATWT Update, Fresh Options Ideas

ATWEC Technologies, Inc. (OTCMKTS:ATWT)

We’re going to kick this week off by swinging back around for an update on ATWT, which we did a special report on a couple of weeks ago.

Last week on Wednesday, the stock bounced off of support at .058 and notched a high .0745 on Friday. That’s an 3-day swing of 28% which has showed us that ATWT can make the type of quick gains that we and our readers are always after.

Take a couple of minutes to view the video chart we recorded for ATWT this morning, outlining the present positioning of the chart. 

Watch ATWT Video Chart for 09/08/20

For More Information on ATWT, visit:
ATWEC.com 


The Cooper Companies, Inc. COO – Options Recap

We signaled a pair of options target in the COO chain on Friday, the COO 09/18 $310-320 Calls, and saw some very nice activity on those immediately.

Both contract sets ran straight out of the gate, with the $310 Calls trading from 12.28-25.30 (+106%) and the $320’s running 116% from 8.33-18.00.
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 Fresh Options Ideas:
SPY 09/09 $340-338 Puts 
BYND Weekly $125 Puts


Extended Watchlist:
NAFS, NWBO, BASA, GAXY, HDII, 

NVAX Update & More

Novavax, Inc. NVAX – Review
.
Among all of the plays we’ve covered this year with coronavirus synergies, one of the top picks has definitely been NVAX. We began tracking this stock back in May, with our first mention coming on May 12th. On that day, NVAX changed hands for as little as 36.08. The stock basically never looked back, with that being the lowest price it will have seen since then.

Yesterday, after roughly seven weeks of continuous upward momentum, NVAX has attained a new high of 111.77. That works out to an overall rise of 210% in a span of less than two months! That’s a good move for any stock, but for one that was already above $35, it’s nothing short of amazing.


Options Ideas: 

We have been in a dark period for big name earnings for at least a couple of weeks now, but we are starting to see some large caps reporting again today. The two that are catching our eye most off of the current calendar are SMART Global Holdings, Inc. SGH and The Simply Good Foods Co. SMPL. Both companies posted a convincing beat of expectations on the street.

Here are a couple of corresponding ideas that we can track today and into next week:

SGH 07/17 $25-30 Calls
SMPL 07/17 $22.50-25 Calls 


Extended Watchlist:
DLOC, IGEN, HDII, COPRF, AEPT, CLR

Sweeping Options Success

US Steel Corp. X – Update

Following our report on Tuesday morning wherein we signaled the X Weekly $8.50-9 Calls for tracking, those contracts steadily put on more gains for the remainder of the week, with the big finish coming on Friday.

Our two targets had already reached multi-bag status the previous day, but really kicked things into high gear to close out the week.

Here are the total moves made by those ideas from Tuesday through Friday:

X Weekly $8.50-9 Calls
$8.50: .23-2.08 (+804%)
$9: .07-1.55 (+2114%)


More Big Winners

We also had formulated two fresh options trading ideas for Friday’s session, highlighting the SPY Weekly $313-315 Calls and the AVGO Weekly $310-317.50 Calls and we are pleased to report that we hit the nail on the head in both of those cases as well.

Solid gains were available to ourselves and our readers across the board. Here were the maximum profits made possible by those plays:

SPY Weekly $313-315 Calls
$313:
 2.62-8.11 (+210%)
$314: 2.03-7.23 (+256%)
$315: 1.50-6.20 (+313%)
_____

AVGO Weekly $310-317.50 Calls
$310: 11.21-19.20  (+71%)
$312.50: 10.99-16.96 (+54%)
$315: 8.59-15.99 (+86%)
$317.50: 4.56-14.36 (+215%)


Fresh Options Idea:
NKLA Weekly $42-43 Calls 


Extended Watchlist:
BLXX, HDII, IGEN, UAPC, UNVC, JCPNQ,

Surprise Jobs Numbers Causing Market Surge

US Steel Corp. X – Update

Our US Steel targets from Tuesday morning’s premarket report continued to rise during yesterday’s session. We had mentioned the X Weekly $8.50-9 Calls We saw some nominal gains that day and on Wednesday cautioned that the party wasn’t over yet for those ideas.

Sure enough, we saw some very nice increases yesterday, pushing our ideas much higher and into multi-bag gain territory. The total moves on the week were as follows: 

X Weekly $8.50-9 Calls
$8.50: .23-.81 (+252%)
$9: .07-.35 (+400%)
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Fresh Ideas*:
SPY Weekly $313-315 Calls
AVGO Weekly $310-317.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 



Luckin Coffee LK – Recap 

We’ alerted on LK in last Wednesday’s report, at which time we stated that the stock was showing signs of a reversal. We put it on watch, and it didn’t take long for the stock to see a low of 2.00 before launching into a multi-day run.

Yesterday the stock hit 4.94, marking a move up from our observed low of 147% This morning in the premarket, that figure has been extended as the stock has changed hands for as much 5.71. That means we’ve witnessed an overall increase of 186% in a span of just eight trading days!


Extended Watchlist:
VISL, TTPH, HDII, CRGE, IGEN, GRST

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