Tag: IMTL

FDX and Other Post-Earnings Options Plays

Another Options Clean Sweep! 

Despite some definite choppiness for the markets at large this week, we have continued to perform at our highest level in terms of scouting out and passing along daily options ideas. Our picks ultimately turn out to be big movers far more often than not. Yesterday was no exception to that dynamic, as we signaled fresh targets in three options chains and came away with multibag gain opportunities all over the place.

We highlighted potential earnings plays in the CSIQ, WOOF, and WSM chains, and went three-for-three, with every single designated contract set putting forth big intraday moves. Here are the ranges and total possible gains on the table for anyone who was tracking them along with us: 

CSIQ Weekly $43.50-46 Calls
$43.50: .80-2.70 (+237%)
$44: .55-1.21 (+120%)
$45: .40-.81 (+101%)
$46: .29-.53 (+83%)
_____

WOOF Weekly $25 Calls
$25: .10-.35 (+250%)
______

WSM Weekly $145-155 Calls 
$145: 9.89-22.53 (+128%)
$150: 5.92-16.90 (+185%)
$155: 3.00-13.00 (+333%)

Fresh Options Ideas: 

We’ll try to keep the Winning Options Express rolling down the track this morning with a potential swing trade candidate in NNOX, along with earnings reporters FDX and MP.

NNOX 04/01 $46-47.50 Calls
FDX Weekly $275-280 Calls*
MP Weekly $40 Calls*

*Please do not attempt to trade options with a weekly expiration on Friday unless you are a seasoned trader with access to disposable funds. 

Extended Watchlist: 
IMTL, GDET, NRPI, PPJE, PVSP, FONU, ARYX

More Winning Options Plays

CRWD & PDD Options Update: 

We’ve been cruising right along this week with some really nice options plays yielding up considerable gain chances for ourselves and our readers. Our newsletters yesterday morning contained a bullish and a bearish idea in the CRWD and PDD chains, respectively.

Both companies had just released their earnings reports, and appeared to be gearing up to go in opposite directions. We targeted the CRWD Weekly $197.50-202.50 Calls and the PDD Weekly $152.50-148 Puts, and in both cases, our hunches paid off, with the CRWD ideas clearly being the more potent of the two. .

Here is the rundown of the single-session performances recorded by these plays: 

CRWD Weekly $197.50-202.50 Calls
$197.50: 3.15-14.00 (+344%)
$200: 2.40-12.07 (+403%)
$202.50: 1.86-10.00 (+438%)
_____

PDD Weekly $12.50-148 Puts
$152.50: 8.01-12.95 (+62%)
$150: 6.28-11.25 (+79%)
$149: 5.00-10.02 (+101%)
$148: 6.45-10.15 (+57%)

Fresh Options Ideas: 

We’ve got another batch of earnings calendar plays this morning in the solar and retail spaces. Here are the chains and possible strike ranges that we find interesting today:

CSIQ Weekly $43.50-46 Calls 
WOOF Weekly $25 Calls
WSM Weekly $145-155 Calls 

Extended Watchlist: 
ICBU, NRPI, IMTL, MDRM, FORW, WARM, LQMT, BRTX, GRLT, ADTM

Options Updates, Fresh Plays

US Steel Corp. X – Options Review:

We offered up a possible trade idea for the X chain in Friday morning’s premarket report, just as the company provided first quarter 2021 guidance that reflects higher expectations on strong steel demand leading to a rise in price. That led to an excellent session wherein X approached its previous high of the calendar year thus far, though it did ultimately come up just shy of the mark.

Our designated targets, the X Weekly $22-22.50 Calls fared quite well, with the PPS surging past and holding over $24 into the close. That facilitated the following gain opportunities for anyone who happened to catch our signal:

X Weekly $22-22.50 Calls
$22:  51-2.33 (+357%)
$22.50: .26-1.89 (+627%)

eXp World Holdings Inc. EXPI:

Speaking of solid options plays, on Wednesday morning we threw out an idea for the EXPI chain, specifically targeting the EXPI 03/19 $50-52.50 Calls. The stock performed exceedingly well to close out the week, running to new highs.

That move enabled our options plays to record some excellent double bag trading ranges, and with the momentum built up in the stock, we’re going to want to continue to track these ideas, in addition to rolling up to include the EXPI 03/19 $55 Calls.

EXPI 03/19 $50-52.50 Calls
$50:  2.16-5.30 (+145%)
$52.50: 1.45-3.70 (+155%)

Fresh Options Plays:
PBR 04/01 $9-9.50 Calls
YALA Weekly $22.50-25 Calls 

Extended Watchlist: 
DVFI, LRDC, ILUS, FTXP, IMTL, NLST, BTCS, BTSC