Tag: JBL

Another Golden Trading Week on the Books

JBL, ACN Options Gainers:

Here we are at the end of another trading week, and we’re pleased to say we’re taking it out on a high note for our Friday report this morning! We had some excellent multibag-level success with yesterday morning’s freshly generated options targets.

We were tracking the JBL Weekly $60-65 Calls, and the ACN Weekly $405-415 Calls, and witnessed some really nice intraday gain opportunities for both. Here are the total gains that could have banked off of those plays on the day:

JBL Weekly $60-65 Calls
$60: 3.90-6.50 (+67%)
$65: .70-2.08 (+197%)
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ACN Weekly $405-415 Calls
$405: 4.91-10.49 (+114%)
$410: 2.47-7.49 (+203%)
$415: 1.28-5.02 (+292%)

Fresh Options Ideas*:
DRI Weekly $145-140 Puts
WGO Weekly $70 Calls
FDX Weekly $247.50-252.50 Calls

*Please don’t trade weekly options on a Friday unless you’re an experienced trader with access to disposable funds

Engage Mobility, Inc. ENGA – Review:

Switching gears over to the stock side of things, we have been tracking this OTC play for a little over a month, and the move it made is most definitely noteworthy.

ENGA began appearing in our extended watchlists last month on November 9th, and subsequent to that, was trading for as little as .131. This week, the stock shot out of a cannon and climbed as high as 2.55, which works out to a mega-increase of 1847%

Extended Watchlist:
AXXA, ARGQ, BLFE, MWWC, BUDZ, ADGI, SPRB, GNFT, EPAY

Recapping Runners, Fresh Ideas

VZIO Options Produce Instant Results:

Despite the fact that our three options ideas in yesterday’s premarket report were geared toward being longer-term plays to monitor over the next few weeks, in the case of VZIO, we witnessed prompt results as the daily activity provided for a very respectable intraday move for our tracked contracts.

Those were the VZIO 01/21 $19-20 Calls, which produced the following moves on our first day of observation. We will of course continue to monitor it and the other January Calls we signaled yesterday morning.

VZIO 01/21 $19-20 Calls
$19: .88-1.35 (+53%)
$20: .70-.90 (+29%)
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Fresh Options Ideas:
JBL Weekly $60-65 Calls
ACN Weekly $405-415 Calls

Icoa, Inc. ICOA – Recap:

We also wanted to provide a brief update on ICOA, which is a stock that we included in our watchlist on Tuesday morning. In that two-session span, it has recorded a solid upswing, trading from a low of .0073 on Tuesday, and reaching as high as .0133 yesterday.

That works out to an overall increase of 82% and with the signs of momentum buildup in this play over the last several sessions, we’re going to want to continue to keep an eye peeled as we head into the end of the week.

Extended Watchlist:
SBES, BDPT, GAXY, JPEX, PUGE, SMURF, PLYN, KXIN, CALT, GOEV

Wrapping Up Another Interesting Trading Week

Jabil, Inc. JBL – Options Recap: 

As we’ve been mentioning recently, we are continuing to fight our way through the heart of a major earnings drought. Case in point- there are ZERO pre or post-market reporters on the calendar for today. Yesterday was was also quite dry with the exception of JBL, for which we formulated an options ideas in our premarket report.

We designated the JBL Weekly $50-55 Calls as our targets of interest, and they exhibited some nice intraday activity; the $55’s in particular. The total ranges and possible gains on those targets were as follows:

JBL Weekly $50-55 Calls
$50: 6.45-8.10 (+26%)
$55: 1.10-3.47 (+215%)

Fresh Options Ideas: 

Yesterday’s post-market earnings releases by companies with at least a billion-dollar market cap are our only source of earnings-related ideas to close out the week today, and the calendar was limited to just two.

We’ll go ahead and set some potential targets in both of those options chains, but be advised that these are weeklies, and trading options on their day of expiration should be undertaken only with experience and extreme caution as premiums will begin to evaporate. Only play with what you can afford to lose under a worst-case scenario!

ADBE Weekly $555-570 Calls
SWBI Weekly $20 Calls

Goff Corp. GOFF – Review:

We began tracking GOFF after putting it on our watchlist on May 13th, and we’ve mentioned it a couple of times since then as well.

The stock has made an absolutely massive run from our observed low subsequent to our report in May, which came in at .033, and culminated in a new high of .2369 yesterday. That represents a monster move of 618% in just a shade over a month’s time!

Extended Watchlist:
ANPC, UTME, GERN, CYBL, FUTL, VMSI, JPEX, PPJE, ILST, ICOA