Yesterday’s Options Movers, Fresh Plays & More

Yesterday’s Options Results: 

Our perfect streak had to come to an end sooner or later, with one of our ideas from yesterday’s premarket report failing to produce instant opportunities. We didn’t see an immediate push from the August YETI Calls we signaled, but there is, of course, plenty of time before expiration for us to get the activity we’re looking for from them.

In the meantime, our other three selections proved to be solid ideas for the day, and three out of four is nothing to sneeze at! Those plays that yielded gratification were the WBA Weekly $38.50-39.50 Calls, the DCT 07/15 $17.50-15 Puts and the SGH 07/15 $17.50 Calls, and here were the total possible profits which could have been reaped from those targets:

WBA Weekly $38.50-39.50 Calls
$38.50:
 .52-1.13 (+117%)
$39: .45-.84 (+87%)
$39.50: .35-.59 (+69%)
_____

DCT 07/15 $17.50-15 Puts
$17.50: 
2.45-4.00 (+63%)
$15: .70-2.25 (+221%)
_____

SGH 07/15 $17.50 Calls 

$17.50: .15-.55 (+267%)


Fresh Options Idea
MU Weekly $53.50-52 Puts
NFLX 07/22 $185-190 Calls


haring Economy International Inc. SEII – OTC Recap:

Yesterday morning we noticed that SEII had been pressing upward on a considerable run, and included it in our extended watchlist. The stock continued its impressive push, trading in a range from .106 up to .142. The momentum built up in this stock is considerable, and we’ll certainly be watching for a continuation of same in the sessions to come on the other side of the long weekend.


Extended Watchlist: 
VRME, ALNA, AKBA, QNRX, FSRD, MOHO, LCLP, HEMP, GCLT, WNFT, PHOT, WHEN, ETEK, BIEI

Cautious Yet Bold Options Strategy Keeps Bearing Fruit

Yesterday’s Options Success: 

It seems like the winds of fortune have been gusting in our favor for quite some time now, with the options targets we outlined in yesterday’s morning report all producing gain opportunities on some level. That makes for the fourth straight session in which every single one of our interests has given traders a shot as compounding their funds.

Our daily focus was trained on the AVAV 07/15 $75-70 Puts, the GIS 07/15 $70-72.50 Calls, and the MKC 07/15 $90-80 Puts, which all put forth some measure of intraday run in what amounted to a bit of a choppy day for the markets as a whole. Things in that regard have become rather harder to predict, but we’ve been trying very hard to select potential plays with a good risk/reward balance. Here’s where our efforts led yesterday:

AVAV 07/15 $75-70 Puts
$75: 
2.49-4.49 (+80%)
$70: 1.29-2.20 (+71%)
_____

GIS 07/15 $70-72.50 Calls
$70: 
2.50-5.10 (+104%)
$72.50: 1.05-3.07 (+192%)
_____

MKC 07/15 $90-80 Puts 
$90: 6.00-7.20 (+20%)
$85: 2.01-3.37 (+68%)
$80: .60-1.20 (+100%)


Fresh Options Ideas:
YETI 08/05 $46-47 Calls
WBA Weekly $38.50-39.50 Calls
DCT 07/15 $17.50-15 Puts
SGH 07/15 $17.50 Calls 


Extended Watchlist: 
TXTM, SEII, EMGE, HIRU, WNFT, PPCB, REVB, NRSN, ASPN, MARK, DNAY, CSCW, MULN

SGH Options Update & More

SMART Global Holdings Inc. SGH – Options Recap 

One of our fresh options trading ideas from yesterday morning’s premarket report was in the SGH chain. It was one of very few earnings reporters on the day, and we seized upon the opportunity in signaling the SGH 07/16 $50-55 Calls for observation.

The stock broke out and traded in a daily range from 51.05 to 58.39, which provided our designated plays with plenty of intraday impetus to provide us with the following single-session profit chances:

SGH 07/16 $50-55 Calls
$50:
1.45-9.70 (+569%)
$55: .45-4.00 (+789%)

We’re certainly going to want to continue to track these targets into next week with the stock still trading well below the consensus PPS target of $69.


Fresh Options Ideas:

We’re still trudging our way through one of the most pronounced earnings dry spells in recent memory, with only one reporter catching our eye this morning, the WD-40 Co. We’ll watchlist the WDFC 07/16 $250-270 Calls.

The end of next week will mark the end of the drought, with hundreds of reporters slated for the week of the 19th.


Extended Watchlist:
CARV, ARPO, UONE, TESS, GMER, VIZC, PRPM, APYP, NEOM, AHFD, BDGR, ICOA, APTY