Friday’s Runners, 3 Ideas for Tuesday

Friday Recap:

Things played out rather well for us on Friday, closing the books on our fifth straight week of nothing but solid options ideas. Out of the four possible targets we laid out in our premarket reportall four produced significant upswings at some point throughout the day. We’re all set to kick off this short trading week today, and hopefully continue our awesome win streak from here.

Friday’s selections were the PANW Weekly $200-195 Puts, the COIN Weekly $295-290 Puts, the ABNB Weekly $160-162.50 Calls, and the TSLA Weekly $360-362.50 Calls, and these were their best moves on the day:

PANW Weekly $200-195 Puts
$200:
7.61-11.13 (+46%)
$197.50: 6.00-8.41 (+40%)
$195: 3.56-6.00 (+69%)
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COIN Weekly $295-290 Puts
$295:
7.72-20.36 (+164%)
$292.50: 6.00-18.80 (+213%)
$290: 4.68-16.16 (+245%)
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ABNB Weekly $160-162.50 Calls
$160:
1.49-4.20 (+182%)
$162.50: .64-2.36 (+269%)
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TSLA Weekly $360-362.50 Calls
$360:
.93-1.85 (+99%)
$362.50: .59-1.23 (+109%)


Fresh Options Ideas:
BIDU Weekly $95-93 Puts
NVDA Weekly $140-141 Calls
SPY 02/18 $611-612 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
ADTX, KWE, HCTI, SLDB, GLYUC, EFOI, SRM, IPHA

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

Enjoying Sustained Options Success

Closing Out Another Great Week of Options Trading

Despite a momentary lull in the volume of earnings reporters earlier in the week, we managed to find several winning options ideas.

This morning, in addition to even more fresh ideas, we’ll recap the new highs in our CHWY calls, as well as the huge single session performance by LL, which we signaled in yesterday’s report. Those approached and exceeded the 1000% gain range on the day.

CHWY Weekly $25.50-26 Calls
$25.50 Calls
 – Range: 1.05-3.10 – Max Gain: 195%
$26 Calls – Range: .80-2.52 – Max Gain: 215%
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 LL Weekly $9.50-10 Calls
$9.50 Calls – Range: .15-1.40 – Max Gain: 833%
$10 Calls – Range: .10-1.15 – Max Gain: 1050%
$10.50 Calls – Range: .05-.65 – Max Gain: 1200%


Fresh Ideas to Close Out the Week

SPY Weekly $317.50-318.50 Calls*
ADBE Weekly $310-315 Calls*
SRPT Weekly $132-134 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds! 


LMP Automotive Holdings, Inc. LMPX – Recap

We also wanted to make mention of the solid intraday move by recently IPO’d LMPX, which we included in yesterday’s extended watchlist.

The stock ran from a low of 16.23, and hit 22.95. That worked out to an upswing of 41% and registered as the NASDAQ’s second biggest gainer of the day.


Extended Watchlist:
ROYT, CREG, ACHV, LODE, WVE, SLDB, FPAY

Blue Horseshoe Stocks: Fresh Options Ideas & More

OPTIONS UPDATES

Activision Blizzard. Inc. ATVI – To follow up with our idea from Wednesday morning in our premarket report, the ATVI Weekly $42-43.50 Calls, we wanted to provide one more update after another big move from the stock pushed our highlighted targets to new highs yesterday, and registered a really impressive two-day swing.

The following moves are the overall increases from the lows we observed on Wednesday: 

$42 Calls – 1.32-4.50 (+241%)
$42.50 Calls – .98-4.00 (+308%)
$43 Calls – .70-3.50 (+400%)
$43.50 Calls –  .44-3.05 (+593%)

Today, we are going to turn our attention to a slightly higher strike area, the ATVI Weekly $44.50-46 Calls*.
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AstraZeneca plc AZN – The AZN Weekly $38-39.50 Calls  were on our radar yesterday morning as our fresh options idea, and despite the lower end of that range being pushed too far in the money, we still saw some solid moves out of the $39’s and $39.50’s.

The $39’s ran from .55-.90 for a gain of 64%, while the $39.50’s cruised from a low of .19 to hit .55; a big-time intraday pop of 189%  We want to continue to watching this chain as well, with the 39.50’s, and also rolling up to include the $40 and $40.50’s*.
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FRESH IDEAS:

SPY Weekly $274.50-276 Calls*
CGC Weekly $46.50-48 Calls*
EA Weekly $107-109 Calls*
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*Trading Weekly contracts on Friday should not be attempted unless you are an expert level trader with disposable funds.


Invacare Corp. IVC – Recap

Also appearing in yesterday’s report, was IVC, which we tagged in our extended watchlist. The stock made a good move on the day, which warrants further observation in coming sessions.

From a low of 7.21 IVC reached 9.54, which was good for an intraday rise of 32% which made it the second highest gainer on the NASDAQ for Thursday. We’ll continue to monitor this one as well.


Extended Watchlist:
ARSN, CBAY, SLDB, ICON, NGL, ADMA

Blue Horseshoe Stocks: Options Review & More

Post Earnings Options Review

Our premarket report on Friday focused on two sets of options ideas from companies which had just posted earnings beats that morning. As it turns out, there was a big time opportunity in each of them.

General Electric Co. GE – We signaled the GE Weekly $14-15 Calls, and it was the $14 and $14.50’s that produced solid chances to profit from that idea. The $14’s ran 106% from .36-.74, and the $14.50 really shined with a move from .03 to .25, a whopping gain of 733%
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HoneyWell International, Inc. HON – We also highlighted our interest in tracking the HON Weekly $150 & $152.50 Calls for possible day-trades, and while the 152.50’s didnt see a lot of action, the $150’s were a perfect idea, trading in a mind boggling range from .01 to .52, a 5100% single session gain! Big cheers to anyone who caught a piece of that action!


Hasbro, Inc. HAS

Hasbro came out with their quarterly earning report which disappointed, according to the company, because of the Toys ‘R Us shutdown. The stock had already registered a new 52 week low on Friday after nearly two months of backsliding, and we’re still thinking it has a ways to fall.

That’s why we’re going to adopt a bearish stance and signal the HAS Weekly $78-76 Puts to start of this new trading week.


Extended Watchlist:
AGMH, SGYP, EBIO, ISIG, SLDB, VTVT, MYSZ, DLSV

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