Tag: MDGL

SMAR Options Review, Fresh Ideas

Smartsheet, Inc. SMAR – Options Review:

First off, we’d just like to apologize for the lack of a premarket report on Friday. An untimely power outage prevented us from getting anything out to readers in time for the market open. In the past dozen years, we have missed maybe five trading days, if that, so it’s not something one should expect to see repeated anytime soon.

In the meantime, we did see some new highs in the SMAR 12/16 $35-40 Calls prior to their expiration at week’s end, which we wanted to report back on today before kicking off a fresh trading week. We have been tracking these calls since December 2nd, and here are the figures and total possible profits we witnessed over that span of roughly two weeks:

SMAR 12/16 $35-40 Calls
$35: 1.55-7.50 (+384%)
$40: .34-2.65 (+679%)

Fresh Options Ideas:
SPY 12/19 $383-384 Calls
SHOP 01/06 $36.50-37.50 Calls
AAPL 01/06 $139-141 Calls 

OTC Recaps:

We’ve also got a couple of quick updates on the recent performance of a couple of the OTC plays we’ve tagged in our extended watchlists. When we left off on Thursday, we had been tracking both of these stocks for a week.

Global Developments, Inc. GDVM
Alerted: December 8th
Range: .0366-.0611 (+67%)

Performance Drink Group, Inc. PDPG
Alerted: December 8th
Range: .007-.016 (+129%)

Extended Watchlist:
CEI, MDGL, AGFY, SLNO, QUMU, HEXO, IPHA, STRY, BIEI, ZRFY, HNRC, UATG

Another Successful Trading Week

Closing Out Another Week of Success

We’ve been hitting on our options ideas left and right this week, as usual. There hasn’t been many ideas that we’ve formulated which didn’t require us to turn right back around the following day and report big gains. This morning is no exception to that pattern.

Yesterday in our premarket report we submitted ideas for the options chains of both RAD and DRI, and in both cases, we had the chance to score multi-bag gains. The potential profits were as follows:

RAD Weekly $9.50-10.50 Calls
$9.50 Calls – 1.78-2.81 – Max Gain: 58%
$10 Calls – 1.12-2.42 – Max Gain: 116%
$10.50 Calls – .99-1.88 – Max Gain: 261%

DRI Weekly $115-110 Puts  
$115 Puts – 2.67-5.90 – Max Gain: 122%
$110 Puts – .15-1.07 – Max Gain: 148%

Fresh Options Ideas: 
Winnebago Industries, Inc. WGO Weekly $50 Calls*
Scholastic Corp. SCHL Weekly $35-40 Calls*
SPDR S&P500 (ETF) SPY Weekly $319-320.50 Calls*
Tesla Inc. TSLA Weekly $405-412.50 Calls*

*Never trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds. 

Extended Watchlist:
MDGL, FCEL, NLNK, IGC, NAK, ALEC, FTFT, AVCO, LXRX, OCGN