Recap of Friday’s Session, 3 New Ideas

Friday Recap:

It was a fairly muted session to end last week’s short week. We didn’t have any options reporters to work off of, and just included some quick strike SPY ideas and a couple longer-term watchlist items in our premarket report. While the SPY targets did yield some good intraday opportunities, the results from the other two were lackluster and need more time to mature over the next few weeks.

Our positive movers from Friday were the SPY 12/27 $598-599 Calls, and the UNH 01/17 $510-515 Calls, which recorded the following figures:

SPY 12/27 $598-599 Calls
$598:
.13-.30 (+131%)
$599: .09-.19 (+111%)
_____

UNH 01/17 $510-515 Calls
$510: 15.80-17.15 (+8%)
$515: 13.50-14.35 (+6%)


Fresh Options Ideas:
SPY 12/30 $590-589 Puts*
TSLA Weekly $425-420 Puts
DKNG Weekly $38.50-38 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders 


Extended Watchlist:
NXU, WATT, VINC, SMX, INTZ, REKR, OCTO, NLSP, PLRZ, STI, FFIE, GTI, HOLO, AMIX, MRNS

Solid Options Runners, Fresh Plays

Starting Off the Week on a High Note: 

We hopped back into the saddle to kick off the fresh trading week yesterday morning, and we certainly got off on the right foot. We offered three separate options trading ideas for our readers in our premarket report, The results that those returned were not earth shattering, but still, every single contrqact we signaled experienced respectable intraday moves.

Our areas of interest were the MRNS 04/14 $10-9 Puts, the PCOR 04/14 $60-65 Calls , and the PDD Weekly $44-46 Calls. As we mentioned above, the gains aren’t going to send anyone off to an early retirement, but they were more than sufficient for an honest day’s pay.

The trading ranges and total possible profits on those targets were as follows: 

MRNS 04/14 $10-9 Puts
$10:
 1.18-1.60 (+36%)
$9: .40-1.00 (+150%)
_____

PCOR 04/14 $60-65 Calls 
$60: 4.31-5.87 (+36%)
$65: 1.95-3.30 (+69%)
_____

PDD Weekly $44-46 Calls
$44: 1.39-2.28 (+64%)
$44.50: 1.34-2.00 (+49%)
$45: 1.14-2.00 (+75%)
$45.50: 1.09-1.75 (+61%)
$46: .33-.52 (+57%)


Fresh Options Ideas:
NKE Weekly $133-136 Calls
GDS 04/14 $40-35 Puts

BABA Weekly $110-113 Calls


Extended Watchlist:
DPRO, SMFL, TRKA, PALI, ENSV, JPEX, ETCG, DUTV, MAXD, ICNM, KYNC

Getting Back on Track for a Fresh Trading Week

New Options Highs: 

First thing’s first, to start off this fresh trading week we’d like to apologize for the lack of a newsletter on Friday morning. We have only missed a couple of trading days in our entire history, and this time a power outage at our offices prevented us from doing our normal work, but we’re back in the saddle fully powered up and ready for another solid week of stock and options speculation!

So what we’re going to do before we hop right back on track, is go over the new highs that our options ideas from Wednesday morning registered to close things out on Friday, and then we’ll jump in with some fresh options ideas for today. As you can see in Wednesday’s report, we were tracking the YY Weekly $29-32 Calls, the BABA Weekly $85-90 Calls, and the DKNG 06/17 $20 Calls.

With the exception of the YY $29’s, we got new highs in all of these plays on Friday, so these figures represent the total possible gains in a two-day swing in these targets: 

YY Weekly $29-32 Calls
$30: 3.02-12.05 (+299%)
$31: 2.21-11.09 (+402%)
$32: 2.43-9.50 (+291%)
_____

BABA Weekly $85-90 Calls
$85:
 4.77-26.00 (+445%)
$86: 4.24-24.25 (+472%)
$87: 3.76-24.20 (+543%)
$88: 3.16-23.30 (+637%)
$89: 2.69-22.48 (+735%)
$90: 2.30-21.45 (+832%)
_____

DKNG 06/17 $20 Calls
$20:
1.79-3.05 (+70%)


Fresh Options Ideas:
PDD Weekly $44-46 Calls
MRNS 04/14 $10-9 Puts
PCOR 04/14 $60-65 Calls 


Stock Runners:

We’ve also got a couple of updates from the stock we placed on Thursday morning’s extended watchlist. The following ranges and percentage gains occurred from their lows on Thursday to their highs on Friday.

Zhihu Inc. ZH
Initial Alert: Mar. 17th
Range: 2.00-3.43
Gained: +72%

Kingsoft Cloud Holdings Ltd. KC
Initial Alert: Mar. 17th
Range: 4.90-7.62
Gained: +56%


Extended Watchlist:
AABB, MSTO, ALST, JPEX, CGSI, WHSI, FDBL, MULN, NILE, PIK, UTME, BBIG, HUSN, 

Blue Horseshoe Stocks: Capping Off a Solid Week

Another Great Week in Options Trading

If you follow our reports and performance closely, you’ll know that we consistently deliver multiple solid quick-strike options ideas on a weekly basis, and this week has been no exception.

Our premarket report yesterday included fresh near-term targets for AMD and UBER, which both produced chances for significant intraday profits, which were as follows:

Advanced Micro Devices, Inc. AMD 08/16 $30.50-31.50 Calls
$30.50 Calls – Range:
 1.47-3.80 – Max Gain: 156%
$56 Calls – Range: .98-3.50 – Max Gain: 257%
$56.50 Calls – Range: .70-3.00  – Max Gain: 329%

Uber, Inc. UBER Weekly $41-42.50 Calls
$56 Calls – Range: 2.15-3.10 – Max Gain: 44%
$56.50 Calls – Range: 1.90-2.77  – Max Gain: 46%
$57 Calls – Range: 1.55-2.52 – Max Gain: 63%
$56.50 Calls – Range: 1.44-2.24  – Max Gain: 56%


Fresh Ideas: 

It wouldn’t be a full-fledged Friday morning report without a couple of new ideas to carry us down the home stretch on another great trading week, and into the next. Here’s what’s hitting our scanner this morning:

FNKO 08/16 $25-30 Calls 

DXC 08/16 $40-37.50 Puts

*We’re also going to radar GHST, thanks to our faithful subscriber, Mark!


Extended Watchist: 
RKDA, LLEX, ELY, VYGR, ONVO, YELP, MRNS, 

Blue Horseshoe Stocks: TJX Review & More


Petroleo Brasiliero SA (Petrobras) PBR

As we kick off a fresh trading week, we’re drawn to a familiar stock from the past in PBR. Our relationship in following and making successful calls with this play stretches back for years,

Recently, the stock had been falling on the heels of a solid run last month, and that decline was kicked into a higher gear last week as the company’s CEO resigned amid questions about the Brazilian economy. The turmoil has brought PBR to its lowest levels and most oversold point since December, as you can see on the chart below.

You can also see that those conditions led to a month-long run of considerable proportions, so we’re going to want to signal some longer-term options in case the pattern were to repeat itself. We’ll place the PBR 06/29 $11-12 Calls on watch in the days and weeks ahead.



The TJX Companies, Inc. TJX – Recap

We presented some longer term options ideas in our report from May 22nd as well, and wanted to update our readers on the fantastic gains that have been made possible by the stock’s continuous bull run since that time.

Our targets were the TJX 06/15 $85-90 Calls, and the excellent moves made by those contracts are as follows:

$85 Calls – Range: 2.14-6.30 – Max Gain: 194%
$87.50 Calls – Range: .90-3.80 – Max Gain: 322%
$90 Calls – Range: .35-2.00 – Max Gain: 471%


Extended Watchlist:
ATIS, AXON, MUSZ, ENT, EOLS, MRNS, IMMU

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