Tag: PLCE

WW Options Review & More

WW International, Inc. WW – Update 

To open up the last full trading week 2019 yesterday, we signaled a range of calls in the Weight Watchers options chain based on the technical setup, and to help us along at 9:15AM, just a few minutes after our reports went out, the company announced the extension of its partnership with Oprah Winfrey through 2025.

The resulting activity allowed ourselves and our readers the chance at the following intraday profits:

WW Weekly $39.50-40.50 Calls
$39.50 Calls – Range: .35-.85 – Max Gain: 143%
$40 Calls – Range: .23-.65 – Max Gain: 183%
$40.50 Calls – Range: .18-.45 – Max Gain: 150%

Fresh Options Ideas:

JBL posted an earnings beat, and we’ve picked up on some bottom buying by directors of PLCE. Here are the ideas that we will want to track in accordance with each situation.

JBL Weekly $43.50-45 Calls
PLCE 01/17 $65-70 Calls 

Extended Watchlist:
ACHV, CFRX, SNSS, BLPH, SSL, REGI, TEUM, GES

More Winning Options Plays

More Options Recaps

If it seems like we spend a lot of time going over options plays we’ve highlighted, it’s because our ideas are constantly turning in incredible performances.

Yesterday, after going over some prior wins, we offered up ideas for PLCE and CHWY, and sure enough, those were solid movers too. The following opportunities were there for the taking in those plays:

PLCE Weekly $61-59 Puts 
$17 Puts – Range: 4.35-7.10 – Max Gain: 63%
$16 Puts – Range: 2.35-6.70 – Max Gain: 185%
$15 Puts – Range: 2.30-5.20 – Max Gain: 126%

CHWY Weekly $25.50-26 Calls
$25.50 Calls – Range: 1.05-2.13 – Max Gain: 103%
$26 Calls – Range: .80-1.64 – Max Gain: 105%

Fresh Options Idea: 

We’re going to place the Lumber Liquidator Holdings, Inc. LL Weekly $9.50-10 Calls on watch, with the express understanding that if the stock manages to breach its 200DMA of 10.20, that we will want to roll up to include the $10.50’s as well.

Extended Watchlist:
LMPX, AMRX, RTTR, JAGX, CIEN

Midweek Options Review & More

Midweek Options Review 

We offered up a buffet of options choices yesterday, and two of our ideas panned out immediately, with our longer-term idea still needing some time to mature.

The ones that worked out without delay were the designated ideas from the DBI and CONN chains. They were the DBI 12/20 $17.50-15 Puts and the CONN 12/20 $17-15 Puts.  Both of those were bearish signals on puts, and both yielded solid intraday results, good for opportunities to score the following daily gains:

Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
$17.50 Puts – Range: 2.60-3.71 – Max Gain: 43%
$15 Puts – Range: .60-1.36 – Max Gain: 127%

Conn’s Inc. CONN 12/20 $17-15 Puts
$17 Puts – Range: 2.00-3.30 – Max Gain: 43%
$16 Puts – Range: 1.45-1.92 – Max Gain: 32%
$15 Puts – Range: .70-1.60 – Max Gain: 129%
______

Fresh Ideas
HOME 03/20 $5.00-7.00 Calls
CHWY Weekly $25.50-26 Calls
PLCE Weekly $61-59 Puts 

Extended Watchlist: 
NVUS, TYHT, KNSA, CNST, BDSI, XBIT, QFIN