Earnings Plays, OTC Recap & More

AutoNation, Inc. AN
& Moderna, Inc. MRNA – Options Review: 

As we begin to head into the heart of another earnings season we’re likely to stay on top of several sets of options ideas at a time, so strap in, and try to keep up! We started off yesterday morning with an earnings idea for AutoNation , the AN 08/20 $100-105 Calls, after the company obliterated expectations on the street.

Here are the single-session gains registered by those plays, despite another lackluster session for the general markets: 

AN 08/20 $100-105 Calls
$100:
 3.30-7.50 (+127%)
$105: 2.05-4.78 (+133%)
_____

MRNA’s Impressive breakout continued yesterday following our premarket update on the longer-term options ideas we have been tracking there. The stock’s biggest intraday surge yet carried our targets of interest, the MRNA 08/20 $195-210 Calls, to the following new highs. These ranges represent the total moves we observed since formulating the idea in our report on the morning of June 21st:

MRNA 08/20 $195-210 Calls
$195: 23.50-119.32 (+408%)
$200: 18.00-114.75 (+538%)
$210: 13.55-106.76 (+688%)


Fresh Post-Earnings Options Ideas: 
HAL Weekly $19-20 Calls
IBM Weekly $140-142 Calls


Drone Guarder, Inc. DRNG – Recap:

We also want to provide a quick update on the activity in DRNG, which we’ve been tracking since Thursday morning, at which time we observed a low of .0031 and a run to .0098 (+216%). We’ve since seen a dip back to .0032, and subsequent run to ,0075, which amounts to an additional 134% swing.

With this type of price action and volatility we’ll be interested in continuing to track the movements in DRNG.


Extended Watchlist:
IMNM, MDWD, SPCB, NRBO, ENZ, NSAV, KAVl, CYBL, PRDL, GTEH, HPMM, LTUS, SMEV