Tag: RMRK

Multiple Options Updates, Fresh Ideas

Options Trading Updates: 

A lot of the potential options targets we’ve been signaling for observation lately have had a July 15th expiration date, which is a slight departure from our typical targeting of weekly contracts. It has made sense in the current choppy climate being cause by a seemingly constant ebb and flow of recession concerns.

So this morning in addition to providing the moves made by the lone idea in yesterday’s report, the KRTX 07/15 $125-130 Calls, we’ll provide updates on a number of other still-active plays we’ve been tracking that are getting along quite nicely. Those are the KBH 07/15 $27-28 Calls, the WGO 07/15 $45-50 Calls, and the NFLX 07/22 $185-190 Calls. We called those on June 23rd, June 22nd and July 1st, respectively. Here are the total gains that have been possible with those plays over that time frames:

KRTX 07/15 $125-130 Calls 
$125: 15.00-19.00 (+27%)
$130: 11.67-17.24 (+48%)
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KBH 07/15 $27-28 Calls
$27: 1.75-3.65 (+109%)
$28: 1.25-2.10 (+68%)
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WGO 07/15 $45-50 Calls
$45: 3.00-7.00 (+233%)
$50: .95-3.40 (+258%)
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NFLX 07/22 $185-190 Calls
$185: 9.18-15.38 (+68%)
$187.50: 13.25-14.25 (+8%)
$190: 7.80-13.18 (+69%)

Fresh Options Ideas
SPY 07/06 $380-382 Calls
RFP 07/15 $17.50-20 Calls 

Extended Watchlist: 
CHNC, SRNW, RMRK, SEII, KRFG, CIVX, VXIT, MSVI, ENJY, HEXO, IINN, WORX,

Kicking Off Another Short Trading Week

Options Play Review: 

Heading into the long weekend on Friday, we took just one stab at a set of potential quick-strike weekly targets. We went to the short side on Micron Technology and thanks in part to an early dip in the markets, that idea yielded a pretty good set of runners.

We were zeroed in on the MU Weekly $53.50-52 Puts which produced the following multi-bag intraday runs for us:

MU Weekly $53.50-52 Puts
$53.50: .66-2.06 (+212%)
$53: .43-1.65 (+284%)
$52: .20-.85 (+325%)

Additionally, we wanted to do a quick recap of a couple of the plays we signaled interest in earlier in the week. We flagged ideas in General Mills and McCormick in Wednesday morning’s report that finished out the week with strength and posted new highs. Our targets were the GIS 07/15 $70-72.50 Calls and the MKC 07/15 $90-80 Puts, which put up the following trading ranges and total possible gains between Wednesday and Friday.

GIS 07/15 $70-72.50 Calls
$70: 1.69-5.90 (+249%)
$72.50: .75-3.50 (+367%)
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MKC 07/15 $90-80 Puts 
$90: 6.00-8.10 (+35%)
$85: 2.01-3.60 (+80%)
$80: .60-1.20 (+100%)

Fresh Options Ideas:
KRTX 07/15 $125-130 Calls 

Gain Clients, Inc. GCLT – OTC Recap:

We also have a brief update on GCLT, an OTC stock we flagged in Friday morning’s extended watchlist. The made a very respectable intraday move, running from a low of .018 on up to a high of .0349. That works out to a single-session rip of 94% and that came on its second-highest daily volume ever recorded, with the previous session being the first.

Extended Watchlist: 
GMPR, HMBL, NXMR, RMRK, GEGI, DUTV, VXIT, ENDP, RMED, RBCN, TYME, NBEV, COWN

Ending the 4-Day Week with 4 Fresh Options Ideas

Good Environment for Options: 

We’re wrapping up another solid trading week today, and it certainly was an uncharacteristically bullish one when compared to the typical holiday-shortened week. The markets ripped into the close again yesterday, and that provided an extra boost for some of the options plays we’ve been tracking.

From yesterday morning’s report, the DRI 07/15 $120-125 Calls and the KBH 07/15 $27-28 Calls made instant moves for us despite still having an additional three weeks before expiring, while the WGO 07/15 $45-50 Calls from Wednesday’s premarket newsletter continued their run and tacked on some new highs as well. Here are the overall moves and total possible gains on those targets:

DRI 07/15 $120-125 Calls
$120: 1.85-2.40 (+30%)
$125: .80-1.10 (+38%)
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KBH 07/15 $27-28 Calls
$27: 1.75-2.70 (+54%)
$28: 1.25-2.01 (+61%)
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WGO 07/15 $45-50 Calls
$45: 3.00-7.00 (+143%)
$50: .95-3.40 (+258%)

Fresh Options Ideas:
FDX Weekly $232.50-237.50 Calls*
SPY 06/24 $379-381 Calls*
BZ 07/15 $25-30 Calls
MO 07/15 $45-46 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders.

Sysorex, Inc. SYSX – Recap:

SYSX is a stock we last mentioned last Friday, the 17th which exhibited a rather nice move this week. Over the past couple of sessions, SYSX has posted a move of.0128-.0445, which works out to an upswing of 248%

Extended Watchlist: 
RMRK, ILIM, IPIX, TOBAF, ETEK, TBLT, BHAT, ZEN, MITQ, CANF