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%)
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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

SPCE Calls Blast into Orbit

OPTIONS RECAPS:

Virgin Galactic Holdings, Inc. SPCE – Our first order of business as we prepare to close out this trading week, is go over our options alert on Virgin Galactic in yesterday morning’s premarket report. We signaled the SPCE Weekly $18-19 Calls, and we received instantaneous multibag results.

Here are the total possible gains afforded by our coverage of SPCE prior to yesterday’s solid run.

SPCE Weekly $18-19 Calls
$18: 1.28-4.15 (+224%)
$18.50: .86-3.60 (+319%)
$19: .62-3.21 (+418%)

Today we will roll up to include the SPCE $22-22.50 Calls as it looks to be preparing to continue its momentum.

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Infosys Ltd. INFY – On Wednesday morning, we targeted a pair of INFY calls as well, and those ideas were also noteworthy. They both provided opportunities for multibag gains following our alert.

INFY Weekly $11-12 Calls
$11: .49-1.35 (+176%)
$12: .05-.40 (+700%)


MicroVision, Inc. MVIS 

In terms of stocks, we have unearthed some winners in that category as well recently. One such play is MVIS, which we tagged for observation a couple of months back on May 5th.

Shortly following that report, the stock was trading for as little as .55. After two months of continual uptrend, and a huge day yesterday, the stock was sent to a new high of 2.47. That works out to a total increase of 349% in a relatively short time period.


DATA443 Risk Mitigation Inc. ATDS 

As far as OTC winners are concerned, we’ve also found our fair share of those in recent months. One month ago today, on June 17th, we put ATDS on watch, and that play has also worked out very well.

From a low of .0095 we have seen it make a move to .027, for an overall rise of 184%


Extended Watchlist:
AIMH, XDSL, RBII, RGGI, VYST, KAVL

Friday’s 40,000% Gainer

Incredible Options Gains

Even as markets around the globe struggle with the unprecedented effects of the novel coronavirus, chances for ridiculously large profits have been available to short-term traders. On Friday, we submitted some options ideas in our premarket report, and among them came the top gaining idea we have ever produced in our entire recorded history. All in one session.

We signaled interest in the AVGO Weekly $220-230 Calls and the ADBE Weekly $295-305 Calls, and saw some eye popping gains, including an unbelievable 40,000% runner!

AVGO Weekly $220-230 Calls
$220: .03-12.40 (+41233%)
$225: .01-4.30 (+42900%)
$230: .02-2.00 (+9900%)
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ADBE Weekly $295-305 Calls 
$281: 22.00-40.09 (+82%)
$280: 4.00-21.00 (+425%)
$279: 1.64-15.00 (+876%)


Target Corp. TGT – Update 

On Thursday morning we signaled a range of extended-term TGT ideas, the TGT 04/03 $98-90 Puts. In addition to current market conditions, the stock was exhibiting a gap to the low-side, and undergoing insider sales. It has created a perfect storm for shorts, and with the way things are going, the rewards should be there for the reaping this week.

We just wanted to remind everyone to watch these plays closely in the next few sessions, as we still expect to see significant gains from these ideas.


Extended Watchlist:
AYTU, KAVL, ZAAG, MRNA, NVNT, OCUL, INO