Wednesday’s Winners, 4 New Ideas

Recent Options Runners:

We enjoyed a solid session of gain opportunities yesterday following our morning report. Of the three ideas we hashed out, two were notable intraday movers that produced serious multibag rips on the day for ourselves and our readers.

Those winning plays were the NIO Weekly $17-16 Puts, and the COUP Weekly $61-63 Calls. We also have an update on the single set of calls we’ve been tracking in the GTLB chain since Tuesday morning, the GTLB 09/16 $50 Calls, which shot out of a cannon to incredible new highs yesterday.

NIO Weekly $17-16 Puts
$17: 
.14-.40 (+186%)
$16.50: .08-.22 (+175%)
$16: .05-.12 (+140%)
_____

COUP Weekly $61-63 Calls
$61: 2.16-4.70 (+118%)
$62: 1.45-4.40 (+203%)
$63: 1.11-3.50 (+215%)
_____

GTLB 09/16 $50 Calls
$50: 1.24-5.19 (+319%)


Fresh Options Ideas:
GME Weekly $27-26 Puts
BILI Weekly $20.50-21.50 Calls
AFG 09/16 $130-132 Calls
SPY 09/09 $397.50-396 Puts


Extended Watchlist:
GZIC, CUBV, CGSI, GMER, INKW, SFLM, PIXY, AMLX, RVNC, NEXI, ASAN

Options Recap, Post-Earnings Ideas & More

More Options Review:  

We’ve got options updates on deck for this morning, and there is actually a fairly decent slate of earnings reporters on the docket today, so we’ll take a look into some of those as well.

As for recaps on options calls we’ve made recently, two of the targets that we reviewed yesterday morning continued their momentum and set new highs for us during the session. They were Friday’s alert on the GBX 07/16 $40 Calls and Tuesday’s alert on the ARWR 07/16 $65 Calls. Additionally, we witnessed new highs in the DRI 07/16 $140-145 Calls, which we initially targeted a few weeks back on June 24th.

These are the updated figures on those plays, all of which expire at the end of the week:

GBX 07/16 $40 Calls
$40: 
1.40-5.40 (+286%)
_____

ARWR 07/16 $65 Calls
$65: 1.28-4.00 (+213%)
_____

DRI 07/16 $140-145 Calls
$140: 2.71-10.10 (+273%)
145: 1.10-5.45 (+395%)


Post-Earnings Options Ideas: 

As we’ve been mentioning, next week is when the floodgates for earnings reporters really swing wide open, but for the time being, we have a couple that dropped their quarterlies this morning in which we will select some targets.

GS Weekly $380-385 Calls
PEP Weekly $149-152.50 Calls 


Extended Watchlist:
OSAT, CRTD, WORX, BAOS, DPW, BLIN, NOK, ADGO, SFLM, GVSI, FERN, SFLM