Post Earnings Options Review
Our premarket report on Friday focused on two sets of options ideas from companies which had just posted earnings beats that morning. As it turns out, there was a big time opportunity in each of them.
General Electric Co. GE – We signaled the GE Weekly $14-15 Calls, and it was the $14 and $14.50’s that produced solid chances to profit from that idea. The $14’s ran 106% from .36-.74, and the $14.50 really shined with a move from .03 to .25, a whopping gain of 733%
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HoneyWell International, Inc. HON – We also highlighted our interest in tracking the HON Weekly $150 & $152.50 Calls for possible day-trades, and while the 152.50’s didnt see a lot of action, the $150’s were a perfect idea, trading in a mind boggling range from .01 to .52, a 5100% single session gain! Big cheers to anyone who caught a piece of that action!
Hasbro, Inc. HAS
Hasbro came out with their quarterly earning report which disappointed, according to the company, because of the Toys ‘R Us shutdown. The stock had already registered a new 52 week low on Friday after nearly two months of backsliding, and we’re still thinking it has a ways to fall.
That’s why we’re going to adopt a bearish stance and signal the HAS Weekly $78-76 Puts to start of this new trading week.
Extended Watchlist:
AGMH, SGYP, EBIO, ISIG, SLDB, VTVT, MYSZ, DLSV