Big Options Wins & More

Huge Options Success

Yesterday morning, we offered up a couple of fresh options ideas for our readers, and thanks to another solid day for the markets, along with the earnings-fueled activity of each of these plays, we were able to see gains of an immense nature on the day.

Our ideas were the ROK Weekly $195-200 Calls and the DXC Weekly $30-32 Calls. Regardless of which chain or strike point our readers latched onto, there were impressive multi-bag profit opportunities on the table, which were as follows:

ROK Weekly $195-200 Calls
$195 Calls – Range: 4.50-11.79 – Max Gain: 162%
$200 Calls – Range: 1.96-8.00 – Max Gain: 308%

DXC Weekly $30-32 Calls
$30 Calls – Range: 1.50-5.19 – Max Gain: 246%
$31 Calls – Range: 1.15-4.10 – Max Gain: 257%
$32 Calls – Range: .85-3.20 – Max Gain: 276%

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Fresh Ideas:
GOOS Weekly $40.50-42 Calls
LK 11/22 $19-21 Calls


Applied DNA Sciences, Inc. APDN

We also want to briefly go over yesterday’s landmark performance by APDN, a stock we most recently mentioned on October 22nd. We did see a backslide following that alert, but APDN has more than made up for it with its incredible move.

Yesterday alone, the stock made a big enough move to register as the number one gainer on the NASDAQ as it ran from 5.57-19.69, an eye-popping 254% pop.


Extended Watchlist:
DDOG, ONCY, SGLB, NAT, SPB, HMY, NBRV, CLVS

Blue Horseshoe Stocks: DAL Options & More

Delta Airlines Inc. DAL

Despite a tumultuous day for the markets yesterday, and mostly everything taking on a bearish characteristic, we’re still going to go bullish on DAL in the wake of the company’s quarterly earnings report released this morning.

Despite rising fuel costs, the company revealed that profits soared well past expectations as a result of increased demand leading to higher ticket prices.

As we always try to do when a company posts a solid beat, we’ll designate a range of options to place on watch, in this case the DAL Weekly $49.50-52 Calls. We’ll go ahead and track these into the end of the week. DAL stock was already oversold, getting hammered for weeks, so this report may be just the catalyst needed to effect an impressive reversal.



SPDR S&P 500 ETF (SPY)

We had great success with the SPY earlier this week, and we want to come back to it this morning in the wake of the markets getting crushed yesterday. With the amount of uncertainty and potential volatility out there, we want to set ourselves up to have an active idea no matter which way the winds blow.

Should the SPY fall below $276, we will target the SPY Weekly $277 & $276 Puts. If it pulls above $276 we will focus on the $276 and $277 Calls, so either way, we should be able to quickly identify the proper course once trading commences. .


Extended Watchlist: 
SBGL, PRPO, RH, HEAR, CEI, HMY, ACST, HSGX