Tag: LULU

Solid Options Plays, Fresh Targets

More Options Review:

Yesterday turned out to be a very fruitful session for us, with three out of the four potential options trading targets we mentioned in our premarket report yielding some good intraday opportunities. No one can win them all, but it’s come to the point where missing on any of our ideas is a relative rarity for us, as any of our regular readers can attest.

Yesterday’s winning items of interest included the BABA Weekly $93-95 Calls, the MKC 04/21 $75-80 Calls, and the PVH 04/21 $80-85 Calls, with the BABA Calls providing the clearest path to big time profits.Here’s the breakdown of yesterday’s activity in these plays:

BABA Weekly $93-95 Calls 
$93: 2.14-7.00 (+227%)
$94: 1.76-6.25 (+255%)
$95: 1.41-5.50 (+290%)
_____

MKC 04/21 $75-80 Calls
$75: 4.80-8.83 (+84%)
$80: 1.40-4.80 (+243%)
_____

PVH 04/21 $80-85 Calls
$80: 5.00-10.19 (+104%)
$85: 2.50-6.40 (+156%)

Fresh Options Ideas:
PAYX 04/21 $115 Calls
LULU Weekly $367.50-372.50 Calls
MU Weekly $59-61 Calls
SPY 03/29 $397-398 Calls*

*Trading options contracts on their day of expiration should not be attempted by inexperienced traders 

Extended Watchlist: 
EPAZ, HMBL, GMZB, PEMIF, CDSG, LOCL, BDRX, LGMX, HLBZ, JFIN

Kicking the Tires on a Fresh Trading Week

Friday’s Options Runners:

We hope everyone enjoyed the last long weekend until the holidays, and is as ready as we are to hop back into trading action. We ended last week on a fairly positive note, having selected three potential options targets for observation and observing considerable gains in each of them. We are now seeing a considerable drop-off in daily reporters after what was an amazing earning season, but as always, we’ll seek out opportunities and make them work for us!

Our targets from Friday morning’s premarket report worked for us, and they were the AVGO Weekly $495-510 Calls, the LULU Weekly $315-322.50 Calls, and the HCP 09/16 $35-40 Calls. The LULU targets in the low end of the range were our biggest winners of the session, making moves that topped 300%

AVGO Weekly $495-510 Calls
$495: 11.71-21.11 (+80%)
$500: 7.19-16.00 (+122%)
$505: 3.96-11.00 (+178%)
$510: 2.00-6.70 (+235%)
_____

LULU Weekly $315-322.50 Calls
$315: .48-2.19 (+356%)
$317.50: .19-.83 (+337%)
$320: 1.75-4.16 (+138%)
$322.50: .77-2.00 (+160%)
_____

HCP 09/16 $35-40 Calls
$35: .78-1.20 (+54%)
$40: .35-.45 (+29%)

Fresh Options Ideas:
NVDA Weekly $136-138 Calls
NVDA 10/07 $145-150 Calls
GTLB 09/16 $50 Calls
GES 10/21 $17-19 Calls

Extended Watchlist:
AABB, ATYG, PQEFF, WTEQF, INTK, LVGI, TGGI, ISEE, HYRE, RUBY, ONVO, KOLD, APDN, ADT

Shorts Yield Dividends, Fresh Ideas to Close out the Week

Bearish Signals Pay Off:

We got things back on track in a big way for yesterday morning’s premarket report, with regard to our daily options ideas. It is an extremely rare occurrence that we would signal a full slate with nothing but bearish targets, but that’s exactly how things shook out yesterday, and it worked to our advantage.

The collection of puts that we were tracking for the day were the MDB Weekly $280-275 Puts, the OKTA Weekly $78-75 Puts, the CIEN 09/16 $55-45 Puts, and the SPY 09/02 $395-393 Puts, and thanks partly to the early downturn in the markets right from the opening bell, these were the caliber of gain opportunities that awaited us with these ideas:

MDB Weekly $280-275 Puts
$280: 11.90- 40.58 (+241%)
$277.50: 14.60-39.00 (+228%)
$275: 9.40-35.00 (+272%)
_____

OKTA Weekly $78-75 Puts
$78: 9.00-19.60 (+118%)
$77: 7.50-18.57 (+148%)
$76: 7.45-17.25 (+131%)
$75: 5.95-16.65 (+180%)
_____

CIEN 09/16 $55-45 Puts
$55: 6.90-9.50 (+38%)
$50: 2.18-5.20 (+138%)
$45: .57-1.44 (+153%)
_____

SPY 09/02 $395-393 Puts
$395: 3.83-5.82 (+52%)
$394: 3.27-5.14 (+57%)
$393: 2.76-4.48 (+63%)

Fresh Options Ideas:
AVGO Weekly $495-510 Calls
LULU Weekly $315-322.50 Calls
HCP 09/16 $35-40 Calls

Extended Watchlist:
ALST, DVLP, PSRU, SBES, PQEFF, GDVM, NBEV, BIAF, HOLI, DRUG, PXMD, FRZA, HCP

Friday’s Big Winners, Fresh Ideas & More

Solid Options Runners: 

To close things out for the short week on Friday, we had a pair of quick-strike options ideas in the LULU and OKTA chains, as well as a longer term target for ASAN in our premarket report. Despite a rather subdued session for the markets in general wherein we saw a gap-down in the morning, and not much progress toward a recovery throughout the day, we were still able to manage some very nice gain chances.

Our specific areas of interest for the day were the LULU Weekly $300-307.50 Calls, the OKTA Weekly $106-108 Calls, and the ASAN 06/17 $22.50 Puts. Both sets of calls produced multi-bag profit possibilities on the day, with ASAN not lagging far behind. We’ve also got a week and change before they expire, so we’ll continue to monitor those as well. As for Friday’s moves, here’s what these ideas put forth for the session:

LULU Weekly $300-307.50 Calls
$300: 2.55-7.35 (+188%)
$302.50: 2.00-5.60 (+180%)
$305: 1.41-4.50 (+219%)
$307.50: .94-3.40 (+262%)
_____

OKTA Weekly $106-108 Calls
$106: 1.16-2.87 (+147%)
$107: .84-2.05 (+144%)
$108: .48-1.39 (+190%)
_____

ASAN 06/17 $22.50 Puts
$22.50: 1.82-2.90 (+59%)

Fresh Options Ideas: 

We are heading into an extended dry spell with regard to the number of big name companies dropping their earnings reports, which is going to persist for the next several weeks. We’re used to traversing these periodic ‘earnings deserts’, and as always, we’ll still be working hard every day to find the best opportunities possible, which for us, generally includes a heavy reliance on the SPY- our favorite market analog.

SPY 06/06 $413-415 Calls 
FUTU Weekly $38.50-40 Calls
QDEL 07/15 $85-95 Calls

Extended Watchlist:
ZNOG, AERG, BDCO, QEDN, SHMP, IGEX, ABQQ, PRCX, DIDI, YMTX, MULN, CRIS, QNRX, ARRY, BZ, YMM

Massive CHWY Options Gains, Fresh Ideas & More

Earnings Reporters Put Up Big Gains:

Our earnings related options ideas for the day panned out well for us yesterday, with some help from another fully bullish session for the markets at large. Stocks surged all day, and well-received earnings reports from our target companies did the rest.

We were zeroed in on the CHWY Weekly $26.50-28 Calls and the PSTG Weekly $25-26 Calls, with a much longer term idea with an August expiration in the Energizer chain, which we’ll circle back to in a future report.  Our quick-strike plays yielded some very nice opportunities for quick intraday profits, and those were as follows:

CHWY Weekly $26.50-28 Calls
$26.50: .72-3.00 (+317%)
$27: .56-2.51 (+348%)
$27.50: .44-2.15 (+389%)
$28: .30-1.82 (+507%)
_____

PSTG Weekly $25-26 Calls
$25: 1.95-4.30 (+121%)
$26: 1.45-3.60 (+148%)

Fresh Options Ideas:
LULU Weekly $300-307.50 Calls*
OKTA Weekly $106-108 Calls*
ASAN 06/17 $22.50 Puts

*Trading options contracts on their day of expiration is a high risk/high reward proposition which should only be attempted by experienced traders

Ggtoor, Inc. (OTCMKTS:GTOR) – Recap:

GGTOOR was a company that we profiled a few months back, citing the high potential of tournament gaming, the space in which the company operates. GTOR recently announced the signing of a deal that is potentially very lucrative, and as a result the price has gone through the roof. It will be “building” an entire virtual city complete with its own economy in the metaverse, with parcels selling for cryptocurrency.

Following our reports on GTOR the stock was trading for as little as ,012, and this week it has soared to a new high of .074. That works out to an increase of over 500% It will be interesting for us to see how much of those gains the stock can maintain and possibly add onto as it develops its new metaverse-based project, GGTOORCITY.

Extended Watchlist:
MGLD, EFOI, TCRT, AMLX, SOPA, TPTX, WSFT, AFIIQ, AERG, VRLL, MAXD

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