Wednesday’s Winners, New Earnings Plays

Recapping Wednesday’s Movers:

We did fairly well with the options ideas we highlighted in yesterday morning’s premarket report. There were significant intraday moves for two out of our three ideas, and we strongly suspect we’ll be circling back for the third at a later date. We also have a relatively large slate of earnings reporters this morning, so we should be able to pick up the pace as we head into the end of this trading week.

The possibilities that did pan out quite well on the day Wednesday were the AVAV 07/21 $95-100 Calls, and the GIS 07/21 $75-72.50 Puts., which both produced some very nice intraday activity.

AVAV 07/21 $95-100 Calls
$95:
 2.20-3.90 (+77%)
$100: .70-1.75 (+150%)
_____

GIS 07/21 $75-72.50 Puts
$75:
 .35-.70 (+100%)
$72.50: .10-.20 (+100%)


Fresh Options Ideas:
MU Weekly $67.50-69 Calls
GBX 07/21 $35-40 Calls
PAYX 07/21 $110-115 Calls


Extended Watchlist:
FRCB, JOBY, SGTX, WAVE, RNXT, LILM, PWRMF, ACUT, INKW

More Thousand Percent+ Gainers, New Plays

Options Reviews:

We were feeling mainly bullish about our interests yesterday as we kicked off another trading week and a couple of the sets of calls we were tracking enjoyed a pretty solid session. After initially gapping down to start things off, the markets moved in a positive direction all day long, and made up all the ground that was ceded in premarket trading. That activity helped push our tracked plays to some pretty good intraday movement.

Those runners were the GBX 04/21 $30-35 Calls, and the MU Weekly $60-62 Calls, and we’ll go ahead and list off the daily ranges and total possible gains they registered below. We also have an update on a longer-term set of puts we signaled a couple of Thursdays ago on March 30th, the SMTC 04/21 $26-25 Puts, which have continued to rise as the stock has steadily fallen to new lows. That has resulted in some absolutely massive moves in the pair of targets we’ve been tracking, and you’ll find those moves below as well.

GBX 04/21 $30-35 Calls
$30:
 2.50-3.60 (+44%)
$35: .34-.79 (+132%)
_____

MU Weekly $60-62 Calls
$60: 1.99-3.90 (+96%)
$61: 1.39-3.10 (+123%)
$62: .76-2.34 (+208%)
_____

SMTC 04/21 $26-25 Puts
$26: .20-3.40 (+1600%)
$25: .10-3.51 (+3410%)


Fresh Options Ideas:
KMX Weekly $69-70 Calls
NKE Weekly $121 Calls
PSMT 04/21 $75 Calls
ASO 04/21 $65 Calls 


Extended Watchlist:
HCNWF, INKW, TTCM, EVFM, MARVF, LUCY, NCMI, BNRG, PEAR, WW

Thursday’s Runners, Fresh Plays

Recapping Thursday’s Winners:

We’re ready to jump back into the swing of things here on this Monday morning, but first, we’ll backtrack to the end of the short trading week on Thursday and take a look at what our daily interests were able to accomplish. In our premarket report, we had signaled a group of four ideas that we felt had reasonable potential for the session, and fared pretty well in each case.

Our targets were the STZ Weekly $220-225 Calls, the LEVI 04/21 $18 Puts, the LW 04/21 $105 Calls, and the BA 05/05 $220-210 Puts, and with the exception of the BA $220’s which were too far in the money to see a good move, every one of our tracked contract sets recorded a nice intraday run. Here’s the breakdown of those figures:

STZ Weekly $220-225 Calls
$220:
 4.64-6.50 (+40%)
$222.50: 2.90-5.50 (+90%)
$225: 3.24-6.30 (+94%)
_____

LEVI 04/21 $18 Puts
$18:
 1.52-2.95 (+94%)
_____

LW 04/21 $105 Calls
$105:
 2.00-5.32 (+166%)
_____

BA 05/05 $220-210 Puts
$215:
 4.69-6.29 (+34%)
$210: .12-.65 (+442%)


Fresh Options Ideas:
GBX 04/21 $30-35 Calls
MU Weekly $60-62 Calls

ABNB 04/21 $108 Puts
NTLA 05/19 $35-40 Calls


Hypercharge Networks Corp. HCNWF – OTC Recap: 

We also wanted to update our readers on yet another new high attained by HCNWF on Thursday. The stock has now gone from a low of .685 up to 2.39 since we first mentioned it in our morning report from April 4th.


Extended Watchlist:
CSSE, JFBR, PLXP, ARVL, GCTK, GFAI, ONCS, MASN, GLASF, TTCM