Tuesday’s Clean Sweep, 4 New Targets

Tuesday’s Options Runners:

We went bearish on all three of the earnings-based options ideas we presented in yesterday morning’s premarket report. A challenging day for the markets at large only boosted their performances, which led to some really nice intraday gain opportunities for traders. We’re seeing a pickup in the volume of earnings reporters as compared to last week, which is always good in terms of having fresh material for quick-strike options ideas.

Our targets yesterday were the SE Weekly $84-82 Puts, the HD Weekly $285-280 Puts, and the BIDU Weekly $127-125 Puts. Here is the breakdown of the figures they put up for us on the session:

SE Weekly $84-82 Puts
$84: 5.05-13.10 (+159%)
$83: 4.80-11.94 (+149%)
$82: 3.34-10.95 (+228%)
_____

HD Weekly $285-280 Puts
$285: 2.96-6.05 (+104%)
$282.50: 2.02-4.50 (+123%)
$280: 1.35-3.20 (+137%)
_____

BIDU Weekly $127-125 Puts
$127: 1.23-2.63 (+114%)
$126: .84-2.00 (+138%)
$125: .66-1.65 (+150%)


Fresh Options Ideas:
DOCS Weekly $32.50-30 Puts
TGT Weekly $155-157.50 Calls
DT Weekly $49-51 Calls
WIX Weekly $85-90 Calls


Extended Watchlist:
WETG, SMFL, SVRE, PACW, OCTO, IMMP, VPLM, CNNA, BDCO, GMZP

Options Review, New Ideas & More

Winnebago Calls Run Quickly: 

In yesterday’s report, we went with a selection of July calls in what we would consider ‘longer-term’ ideas. For quick-strike plays we would typically look for contracts that expired at the end of the week. Out of those, the Winnebago calls produced instant results. We’ll continue to monitor these, along with the other potential plays we mentioned yesterday, over the next few weeks before they expire. Today’s fresh ideas will also include several July calls.

The specific targets that took off immediately during yesterday’s session were the  WGO 07/15 $45-50 Calls
and the moves they made were as follows:

WGO 07/15 $45-50 Calls
$45: 
3.00-5.45 (+82%)
$50: .95-2.46 (+159%)


Fresh Options Ideas:
ACN Weekly $277.50-272.50 Puts
DRI 07/15 $120-125 Calls
KBH 07/15 $27-28 Calls
APOG 07/15 $40-45 Calls


Southern Home Medical, Inc. SHOM – Recap:

Another item from our watchlist that has recently made a solid run as well, is SHOM. We flagged this OTC stock on
Tuesday morning
, and it ran to new highs yesterday. Following our mention of this play, it traded up from a low of .0008 to .0025, which marks a two-day swing of 212%


Extended Watchlist: 
CMGR, VYGVF, TXTM, GEGI, DVLP, VRUS, GOFF, AHFD, RDHL, BOXD, BHAT, SMFL, 

Solid Options Runners, Fresh Plays

Starting Off the Week on a High Note: 

We hopped back into the saddle to kick off the fresh trading week yesterday morning, and we certainly got off on the right foot. We offered three separate options trading ideas for our readers in our premarket report, The results that those returned were not earth shattering, but still, every single contrqact we signaled experienced respectable intraday moves.

Our areas of interest were the MRNS 04/14 $10-9 Puts, the PCOR 04/14 $60-65 Calls , and the PDD Weekly $44-46 Calls. As we mentioned above, the gains aren’t going to send anyone off to an early retirement, but they were more than sufficient for an honest day’s pay.

The trading ranges and total possible profits on those targets were as follows: 

MRNS 04/14 $10-9 Puts
$10:
 1.18-1.60 (+36%)
$9: .40-1.00 (+150%)
_____

PCOR 04/14 $60-65 Calls 
$60: 4.31-5.87 (+36%)
$65: 1.95-3.30 (+69%)
_____

PDD Weekly $44-46 Calls
$44: 1.39-2.28 (+64%)
$44.50: 1.34-2.00 (+49%)
$45: 1.14-2.00 (+75%)
$45.50: 1.09-1.75 (+61%)
$46: .33-.52 (+57%)


Fresh Options Ideas:
NKE Weekly $133-136 Calls
GDS 04/14 $40-35 Puts

BABA Weekly $110-113 Calls


Extended Watchlist:
DPRO, SMFL, TRKA, PALI, ENSV, JPEX, ETCG, DUTV, MAXD, ICNM, KYNC