Hot Options Plays & More

Friday’s Big Performers:

Our first order of business on this morning is to go back over the two fresh options trading ideas that we formulated in Friday morning’s report. 

We were looking out for gains in the DKNG Weekly $58-59 Calls and the ABNB Weekly $185-190 Calls, and we certainly got what we were after. In a 5 for 5 sweep, every contract set that we designated for observation posted multibag intraday runs. As far as ABNB was concerned, the potential gains on the day were absolutely enormous.  

ABNB Weekly $185-190 Calls 
$185: 4.60-27.42 (+496%)
$187.50: 3.25-25.15 (+673%)
$190: 2.16-23.04 (+967%)
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DKNG Weekly $58-59 Calls
$58: 1.30-4.40 (+238%)
$59: .81-3.44 (+324%)

In the case of DKNG, premarket activity suggests that further gains are forthcoming, so we’re going to want to renew our idea for this fresh trading week and begin tracking the DKNG Weekly $62-63 Calls.
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More Fresh Options Ideas: 
SPY 03/01 $383-385 Calls
NRG Weekly $39-40.50 Calls 


Extended Watchlist: 
LTNC, IMTL, AABB, GTEH, GDET, MYDX, ICNM, GRLF, RDAR

Blockchain Blockbusters & More

Bitcoin Related Options Runners

We began the week by tracking bitcoin related stocks RIOT and MARA, and the options targets we formulated in each of them. On Monday morning we started with the RIOT Weekly $27-28 Calls and the MARA Weekly $26.50-28 Calls.

After solid success with those, on Tuesday morning we rolled up to include the $34-36 Calls in both chains on our watchlist. What unfolded from there has been a week filled with solid gain opportunities. Below, we will highlight the trading ranges and total potential gains on all of these targets through yesterday’s close.

RIOT is up considerably more than MARA in the premarket, however, considering the activity we’re observing, we would expect to see these figures increase today as we close out another excellent options trading week.  

RIOT Weekly Calls
$27:
 1.56-18.40 (+1079%)
$27.50: 1.50-18.32 (+1121%)
$28: 1.35-18.70 (+1285%)

$34: 1.37-12.43 (+807%)
$35: .99-11.50 (+1061%)
$36: .99-10.50 (+960%)
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MARA Weekly Calls 
$26.50: 1.91-14.00 (+633%)
$27: 1.48-13.10 (+785%)
$27.50: 1.51-12.75 (+744%)
$28: 1.43-12.50 (+774%)

$34: .76-7.10 (+834%)
$35: .81-6.29 (+676%)
$36: .57-5.52 (+868%)

Just as we have all week, we’ll be looking to stay on the money by including some higher strikes on our watchlist, with the RIOT Weekly $46-48 Calls and the MARA Weekly $38-39 Calls.


The Kraft Heinz Co. KHC – Recap

New in yesterday’s premarket report were the KHC Weekly $34-34.50 Calls which yielded the following moves and possible profits on the day:

KHC Weekly $34-34.50 Calls
$34: .68-2.62 (+285%)
$34.50: .57-1.80 (+215%)


Fresh Options Ideas:
DIS Weekly $190-192.50 Calls
NET Weekly $87-86 Puts  


Extended Watchlist: 
HVCW, ADTM, RNVA, RBNW, SRMX, LTNC, ECEZ, RTON, ELCR

Blue Horseshoe Stocks: Options Review, Fresh Ideas & More

Speed Commerce, Inc. SPDC

We were just reminding our readers about SPDC yesterday, which we’ve now tracked for three sessions since  our premarket report on Friday. We observed a low of .018 that day, and the stock hasn’t looked back since.

After another excellent PPS-enhancing performance on Monday, we suggested our subscribers continue to watch yesterday for the possibility of a protracted uptrend, and what followed was the biggest single-session move yet, and new highs for SPDC.

From an early low of .038, the stock rushed to .057 in the closing minutes. That represented a 50% intraday pop, and an overall three-day increase above our observed low of .018 amounting to 217%


Options Ideas

Rambus, Inc. RMBS – Recap

RMBS was the subject of an options trading idea we submitted yesterday morning, after noticing the stock gapping up in the premarket on a post-market earnings beat from the prior day. We targeted the RMBS 02/19 $12 Calls, and those contracts traded in a range from .37-.59; good for intraday gains of up 59%

Apple, Inc. AAPL

It’s been awhile since we signaled any AAPL options, but we’re presented with an opportunity this morning as the stock is down considerably in early trading on deflated sales forecasts, amongst other things. We’ll look for chances on the bearish side of things, namely the AAPL Weekly $97-95.50 Puts to try to take advantage of the consequences of shaken investor confidence.

Biogen, Inc. BIIB

An impressive beat on revenues and EPS is leading BIIB to a notable gap-up this morning,  we’ll definitely want to look for the possibility of a nice intraday upswing from the stock. To ensure we catch the heaviest action we’ll begin by monitoring every set of contracts in the range of BIIB Weekly $267.50 through $280 Calls.


Extended Watchlist:
CDII, LTNC, GNPT, GDSI, TPIV