Tag: PLCE

Options Updates, 5 New Ideas

Various Options Recaps:

We fared reasonably well with regard to options yesterday. In out premarket report, both of the short term plays we signaled interest in produced sizable intraday runs. Those were the DPZ Weekly $387.50-392.50 Calls, and the SPY 07/24 $452-453 Calls. We had another idea with an August expiration that didn’t produce instant results. However, a set of August calls in another chain that we’ve been tracking since our report a few Mondays ago on the 10th, the PLCE 08/18 $25 Calls, have gone on to hit new highs.

The gains for the DPZ and SPY Calls below are obviously from yesterday’s session only, while the figures for the PLCE Calls represent their increase over the past two weeks.

DPZ Weekly $387.50-392.50 Calls
$387.50: 4.51-10.41 (+131%)
$390: 3.29-9.09 (+176%)
$392.50: 3.11-7.11 (+121%)
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SPY 07/24 $452-453 Calls
$452: 1.26-3.00 (+138%)
$453: .71-2.02 (+185%)
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PLCE 08/18 $25 Calls
$25: 1.65-5.15 (+212%)

Fresh Options Ideas: 
MMM Weekly $105-107 Calls
SHW Weekly $280 Calls
VZ Weekly $33.50-35 Calls
FFIV 08/18 $155-165 Calls
LOGI 08/18 $65-67.50 Calls

Tupperware Brands Corp. (NYSE:TUP) – Recap: 

We had included TUP in yesterday morning’s extended watchlist, and subsequently saw the stock make a pretty good intraday move. It ran from a low of 1.16 up to 1.82, which works out to a 57% upswing.

Extended Watchlist:
ELBM, BRFG, ENZ, YOSH, CTCX, SMX, SRMX, NSAV, 

Friday Recap, Fresh Options Ideas

Friday’s Movers:

We got along quite well as we closed out the short trading week on Friday with a slate of four possible options plays, and saw gains ranging from good to great in three of those four targets. The markets got off to a bullish start, and after lunch hour, reversed track and fell into the close. That provided plenty of intraday activity to facilitate some very nice upswings in our daily targets.

We had the BABA Weekly $85-87 Calls, the RIVN Weekly $21.50-22.50 Calls, and the LEVI 07/21 $14-13 Puts all come through with the following intraday runs:

BABA Weekly $85-87 Calls
$85: 1.60-6.50 (+306%)
$86: .99-5.50 (+456%)
$87: .57-4.55 (+698%)
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RIVN Weekly $21.50-22.50 Calls
$21.50: 1.21-4.10 (+239%)
$22: .84-3.60 (+328%)
$22.50: .55-3.00 (+445%)
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LEVI 07/21 $14-13 Puts
$14: .55-.91 (+65%)
$13: .15-.25 (+67%)

Fresh Options Ideas:
HELE Weekly $121-124 Calls
LIN 07/21 $360-370 Calls
PLCE 08/18 $25 Calls


Gorilla Technology Group Inc. (NASDAQ:GRRR)

We also saw a decent intraday move out of GRRR, which we tagged in Friday’s extended watchlist. The stock ran from a low of 3.39 on up to a daily high of 5.79 which represented a rise of 71% on the day.

Extended Watchlist:
MOB, TTOO, NBTX, ALPP, GOEV, BANL, GTII, BDPT, QIND

PLCE Options Recap & More

The Children’s Place, Inc. PLCE – Update 

As a result of the insider buying we discovered at a bottom on PLCE yesterday, we placed a pair of contracts in the options chain on watch, specifically the, PLCE 01/17 $65-70 Calls.

Despite being a bit of a longer-term idea, we still witnessed instantaneous results from these targets, which produced the following intraday moves: 

$65 Calls – Range: 2.55-4.20 – Max Gain: 65%
$70 Calls – Range: .35-.85 – Max Gain: 143%

We’re interested in continuing to track these plays, with PLCE still boasting a massive gap to the topside on the chart up to roughly the $70 level. Should the stock continue to fill that gap, we’re going to see the total gains on these ideas hit even more impressive levels.

Fresh Options Ideas: 
WVE 04/17 $17.50-25 Calls
GIS 01/17 $55 Calls
FDX Weekly $155-150 Puts

Extended Watchlist:
LMPX, YAYO, OBLN, SLDB, FBIO, MLCO