A Selection of July Calls & More

Winning Options Review: 

We were pleased to start off the short trading week with a bang yesterday, getting right back on track with a couple of options trading ideas that netted some good intraday gain opportunities for anyone who was paying attention. The markets ripped all day long, so it was definitely a good time to go bullish on the SPY.

We did so with the SPY 06/21 $369-371 Calls, and we also stuck in an idea for the one earnings play that stood out to us on the day, the LEN Weekly $64-66 Calls. In both cases, the potential profits reach multibag territory. Those moves were as follows:

SPY 06/21 $369-371 Calls
$369:
 3.76-7.43 (+98%)
$370: 2.88-6.52 (+126%)
$371: 2.59-5.50 (+112%)
_____

LEN Weekly $64-66 Calls

$64: 1.90-4.03 (+112%)
$65: 1.88-4.00 (+113%)
$66: 1.05-3.23 (+208%)


Fresh Options Ideas:

We’re in the midst of an earnings drought that is going to persist for at least a few more weeks, but we’re still trucking right along, working with what we’ve got. Today’s earnings play that stands out in the premarket is from the Winnebago chain, while we’ve also noticed some insider buying near the bottom on NLOK.

WGO 07/15 $45-50 Calls
NLOK 07/15 $24-25 Calls
FL 07/15 $31-32 Calls


Revlon, Inc. REV – Recap: 

We’ve also got an update on Revlon, which we tagged for observation on Friday morning. The stock has followed that alert up with two nice sessions in a row now. Our observed range for that period is 2.73-6.95 (+155%) This morning’s premarket high of 8.39 marks an overall increase of 207% over just a few trading days!


Extended Watchlist: 
EVSV, INTK, INQD, MMTLP, ECOX, LTCN, SIRC, KBLB, XELA, QTNT, USWS

Hits on All Options Plays, Fresh Ideas

Yesterday’s Solid Options Plays:

We kicked off the short trading week and final day in May yesterday morning with some truly incredible updates on Friday’s options ideas, and while yesterday’s fresh plays didn’t rise to the same magnitude, we still set up four ideas and knocked each of them down with some respectable intraday moves. The markets opened lower, then gained ground back for much of the early portion of the day.

That helped with some solid moves in all of our highlighted potential targets, which were the PDD Weekly $49.50-51 Calls, the BEKE 06/17 $12.50 Calls, the AMC Weekly $14.50-15.50 Calls, and the HTHT 06/17 $30 Calls. Those modest, yet notable intraday opportunities brought the following profit chances for us on the day: 

PDD Weekly $49.50-51 Calls
$49.50: 
1.80-3.00 (+67%)
$50: 1.55-2.92 (+88%)
$51: 1.18-2.25 (+91%)
_____

BEKE 06/17 $12.50 Calls
$12.50: 1.00-1.67 (+67%)
_____

AMC Weekly $14.50-15.50 Calls
$14.50: .99-1.77 (+79%)
$15: .84-1.51 (+80%)
$15.50: .73-1.31 (+79%)
_____

HTHT 06/17 $30 Calls
$30: 3.20-3.90 (+22%)


Fresh Options Ideas:
CRM Weekly $170-175 Calls
VSCO 06/17 $45 Calls
CPRI Weekly $49-52 Calls


Extended Watchlist:
INTK, RMSL, KLDO, INND, ILST, TNXP, VTVT, ENDP, MTP, VYNT, 

Options Gainers Across the Board, New Ideas

Options Gainers Across the Board:

The markets were back to the doldrums yesterday, gapping down to start and never getting back above water on the session, but that didn’t stop us from scoring some decent gain chances with the options ideas in our premarket report. Not all of those potential gains were earth-shattering, but several were extremely solid, and the remainder was respectable.

We were tracking the NTES Weekly $98-100 Calls, which put forth the moderate opportunities, while the WOOF Weekly $15-16 Calls, and the ZM Weekly $91.50-93 Calls fared quite a bit better, as they logged extra large multi-bag spikes on the day. Take a look at the figures from these successful plays below:

NTES Weekly $98-100 Calls
$98:
 1.25-1.88 (+50%)
$99: .95-1.41 (+48%)
$100: .80-1.15 (+44%)
_____

WOOF Weekly $15-16 Calls
$15: .20-.70 (+250%)
$15.50: .15-.40 (+167%)
$16: .05-.25 (+400%)
_____

ZM Weekly $91.50-93 Calls
$91.50: 2.77-7.25 (+162%)
$92: 2.48-7.20 (+190%)
$93: 2.20-6.44 (+193%)


Fresh Options Ideas:
TOL Weekly $44-46 Calls
DKS Weekly $65-63 Puts
JWN Weekly $21-22 Calls 


Extended Watchlist:
IGEX, INTK, PMETF, ABML, GNCA, MICS, HAPP, ELEV, MOTS, 

Earnings Plays Buck the Poor Market Trend

Options Buck the Trend:

It was another dreary day for the markets yesterday, as most stocks took a beating for the entire session. Thankfully it wasn’t too brutal for us, as two of our three daily options ideas posting significant upswings on the day. A bearish play we’ve been tracking since Monday morning’s premarket report also tacked on a solid new high as well.

Our daily targets to blast off in defiance of the overall trends on the heels of their earnings drops were the TJX Weekly $56-58 Calls, and the ZIM Weekly $66-68 Calls. Monday’s idea was the WIX Weekly $70 Puts. Here were the overall moves and total possible profits associated with those targets: 

TJX Weekly $56-58 Calls
$56: 
3.70-7.00 (+89%)
$57: 2.75-5.85 (+113%)
$57.50: 2.41-5.52 (+129%)
$58: 1.84-5.03 (+173%)
_____

ZIM Weekly $66-68 Calls
$66: .25-1.00 (+300%)
$67: .20-.70 (+250%)
$68: .20-.55 (+175%)
____

WIX Weekly $70 Puts
$70: 2.80-8.00 (+186%)


Fresh Options Ideas: 
SPY 05/20 $390-388 Puts
KSS Weekly $41-39 Puts
BJ Weekly $55 Calls
SNPS Weekly $270-280 Calls


Pacific Ventures Group, Inc. PACV – OTC Recap:

On the stock side of things, one of the OTC plays we flagged in yesterday morning’s extended watchlist
had a monster day, so we wanted to pass along a brief update on PACV’s daily performance. From a morning low of .0223, it blasted off to a high of .11, which represents an intraday run of 393%


Extended Watchlist:
INDP, SIGA, TNXP, IMAC, GTCH, INTK, ICOA, GGSM, MJWL, 

TWTR Runner, OTC Recap & More

Twitter, Inc. TWTR – Options Recap: 

Our lone quick-strike options idea from yesterday morning’s premarket report was in the Twitter chain. We are heading into a dry period for major earnings reporters over the next couple of weeks, and so the TWTR Weekly $44-45.50 Calls were our main focus yesterday.

We got good results there, and with the stock gapping up once again this morning, we’re going to not only expect further gains from those contract sets, but we’re also going to roll up our potential strike area to include the TWTR Weekly $50-52 Calls.

Here were  the total possible gains on the table for yesterday’s ideas:

TWTR Weekly $44-45.50 Calls
$44: 3.75-7.45 (+99%)
$44.50: 3.60-7.00 (+94%)
$45: 3.05-6.80 (+123%)
$45.50: 2.77-6.30 (+127%)


Kona Gold Beverages, Inc. KGKG – Recap:

We’ve also been tracking KGKG of late, with the stock having first begun appear in our reports just a little under a month ago. Subsequent to those alerts we would observe a low of .0051, and this week the stock has continued to press to new highs. Yesterday, following another reminder in our daily extended watchlist, it reached .012, which represents an overall upswing of 135%

For anyone who may have only caught our alert in yesterday morning’s report, gains of up to 40% were still on the table during its intraday run from a daily low of .0086.


Extended Watchlist: 
PUGE, VYGVF, BNOW, LEAS, IGEX, INTK, SBFM, ATER, RCON, ANY, SSET, BLLB

Get Our FREE Daily Reports!