NKE, MU Options Recaps, Fresh Plays

Micron, Nike Options Recaps:

We signaled interest in just a couple of options chains yesterday, targeting Micron and Nike on the heels of their earnings reports. In particular, we were after the MU 12/23 $86-89 Calls, and the NKE 12/23 $157.50-162.50 Calls.

We hit on both ideas for the day, with all seven of the contract sets contained within those ideas producing notable intraday activity which yielded the following total possible gains:

MU 12/23 $86-89 Calls 
$86: 2.79-5.35 (+92%)
$87: 2.13-4.45 (+109%)
$88: 1.52-3.62 (+138%)
$89: 1.27-2.86 (+125%)
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NKE 12/23 $157.50-162.50 Calls
$157.50: 7.70-10.88 (+41%)
$160: 5.65-8.87 (+57%)
$162.50: 3.75-6.45 (+72%)


Fresh Options Ideas:
TWTR 01/28 $48-50 Calls
KMX 12/23 $139-143 Calls


OTC Updates: 

We’ve got more runners on the stock side of things to report this morning, including a new high in OWUV which just appeared in yesterday’s newsletter. ONPH is another OTC play we’ve been tracking this week and it also hit multi-bag gainer status.

Oncology Pharma, Inc. ONPH
Alerted: Dec. 20th
Range: 3.53-7.27
Gained: +106%
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One World Universe, Inc. OWUV
Alerted: Dec. 9th
Range: .153-.3998
Gained: +161%


Extended Watchlist:
NWBO, SBES, VBHI, DBRM, ICNM, CCAJ, GCEI, BVXV, AVCT, RCAT, BRTX

Hot Stock Runners, Fresh Ideas

Winning Options Recap: :

Yesterday’s quick-strike option idea was the NVAX 12/23 $230-235 Calls. We also had a longer-term play in the SNAP chain that will need some time to mature. For now, the gains in our NVAX targets weren’t exactly eye-popping, but they were very respectable for the session.

NVAX 12/23 $230-235 Calls
$230:
 3.45-6.65 (+93%)
$235: 2.97-5.18 (+74%)


OTC Recaps: 

We’ve also got a few stocks that we’ve recently flagged in our daily extended watchlists that have gone on to produce excellent multibag gains over the past few sessions.

Engage Mobility, Inc. ENGA 
Alerted: Nov. 22nd
Range: .241-4.30
Gained: +1684%
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Palayan Res, Inc. PLYN
Alerted: Dec.16th
Range: .0805-.299
Gained: +271%
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One World Universe, Inc. OWUV

Alerted: Dec. 9th
Range: .153-.34
Gained: +122%


Fresh Options Ideas:
NKE 12/23 $157.50-162.50 Calls
MU 12/23 $86-89 Calls 


Extended Watchlist:
ONPH, ELEMF, GOFF, AABB, ZNOG, RELI, SOPA, SAVA, ARDS, QNRX, PPSI, BFRI

Kicking Off the Holiday Week

Winning Options Recap: :

Here we are about to kick off one of two holiday-shortened weeks remaining in 2021. It’s hard to believe the year is already drawing to a close, but we can’t wait to carry the incredible success we’ve found over into 2022.

Speaking of which, our trio of options ideas that we offered up fresh for Friday morning’s premarket report all posted some really nice moves on the day. We were tracking the DRI Weekly $145-140 Puts, the WGO Weekly $70 Calls, and the FDX Weekly $247.50-252.50 Calls.

Here are the largest intraday moves and total possible gains that were there for these ideas on Friday:

DRI Weekly $145-140 Puts
$145: 
2.90-6.12 (+203%)
$140: .08-1.10 (+1275%)
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WGO Weekly $70 Calls
$70:
 .14-1.40 (+900%)
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FDX Weekly $247.50-252.50 Calls
$247.50: 1.85-2.28 (+23%)
$250: .72-3.07 (+326%)
$252.50: .25-1.30 (+420%)


Fresh Options Ideas:
NVAX 12/23 $230-235 Calls
SNAP 01/28 $50-53 Calls 


Extended Watchlist:
OWUV, ENGA, ICOA, FBCD, ONPH, CANF,  SOPA, MRNA, SEAC, OCGN