Tag: SMPL

Closing Out a Short Yet Sweet Trading Week

Wednesday’s Options Runners:

We were running a little light yesterday with regard to the slate of earnings reporters from which we had to choose some daily options plays, but that didn’t stop us from producing a pair of solid runners on the day in our premarket report. Both of the ideas we ventured possible targets in, recorded some significant intraday movement for us in a positive direction.

Our areas of interest were the SMPL 04/21 $40-35 Puts, and the DLO 04/21 $16-15 Puts, and while the potential gains they produced weren’t life-changing, they were certainly very respectable, as they put up the following figures for the session:

SMPL 04/21 $40-35 Puts
$40: 3.30-4.50 (+36%)
$35: .30-.75 (+150%)
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DLO 04/21 $16-15 Puts
$16: 1.32-3.70 (+180%)
$15: .65-3.00 (+362%)

Fresh Options Ideas:
STZ Weekly $220-225 Calls*
LEVI 04/21 $18 Puts
LW 04/21 $105 Calls
BA 05/05 $220-210 Puts

*We do not recommend you try to trade options on their day of expiration unless you are an experienced trader with access to disposable funds. 


Extended Watchlist:
YVR, OCTO, AMC, MCOM, GRRR, HCNWF, MONI, AABB, MASN

Thousand Percent+ Gainer, Fresh Ideas

04/21 Options Reviews:

In recent weeks we have been tagging several longer-term options plays with an April 21st expiration as opposed to weeklies, and today we wanted to circle back for some of those which posted new highs for us during yesterday’s session.

We’ll start off with the DOMO 04/21 $15 Calls, which just appeared in yesterday morning’s report, and opened up with a solid first day effort as it ran from .65-1.00, for an intraday upswing of 54%

Next up we’ve got the MKC 04/21 $75-80 Calls and the SMTC 04/21 $26-25 Puts which we initially flagged in our reports from last Tuesday, and last Thursday morning, respectively. The breakdown of the moves they’ve made since last week is as follows, and as you can see, those SMTC Puts easily breached the thousand percent gain barrier in what has been one of our hottest recent ideas:

MKC 04/21 $75-80 Calls
$75: 4.80-10.32 (+115%)
$80: 1.40-5.40 (+286%)
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SMTC 04/21 $26-25 Puts
$26: .20-3.40 (+1600%)
$25: .21-3.09 (+1371%)

Fresh Options Ideas:
SMPL 04/21 $40-35 Puts
DLO 04/21 $16-15 Puts

Hypercharge Networks Corp. HCNWF – OTC Recap: 

We also wanted to recap the performance of an OTC stock we tagged in yesterday morning’s report. HCNWF went on a very nice intraday run from a low of .685 on up to a high of 1.58, which works out to a highly respectable single session rise of 131%

Extended Watchlist:
ATNF, IMUX, LMNL, IFRX, FRGT, RNAZ, QPRC, ADHC, GSTC

NVAX Update & More

Novavax, Inc. NVAX – Review
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Among all of the plays we’ve covered this year with coronavirus synergies, one of the top picks has definitely been NVAX. We began tracking this stock back in May, with our first mention coming on May 12th. On that day, NVAX changed hands for as little as 36.08. The stock basically never looked back, with that being the lowest price it will have seen since then.

Yesterday, after roughly seven weeks of continuous upward momentum, NVAX has attained a new high of 111.77. That works out to an overall rise of 210% in a span of less than two months! That’s a good move for any stock, but for one that was already above $35, it’s nothing short of amazing.

Options Ideas: 

We have been in a dark period for big name earnings for at least a couple of weeks now, but we are starting to see some large caps reporting again today. The two that are catching our eye most off of the current calendar are SMART Global Holdings, Inc. SGH and The Simply Good Foods Co. SMPL. Both companies posted a convincing beat of expectations on the street.

Here are a couple of corresponding ideas that we can track today and into next week:

SGH 07/17 $25-30 Calls
SMPL 07/17 $22.50-25 Calls 

Extended Watchlist:
DLOC, IGEN, HDII, COPRF, AEPT, CLR