Tag: STSS

Good Start to the Week, 5 New Ideas

Good Start to the Week:  

We had just a pair of fresh options possibilities in yesterday morning’s premarket report, but we managed to see some decent moves out of those. Today’s slate of potential plays will be a lot beefier, with a mix of technical setup ideas as well as a handful of big name earnings reporters.

As for yesterday’s movers, we had the TSLA Weekly $245-242.50 Puts and the NVDA Weekly $420-410 Puts on our radar and these were the numbers they put up on the session:

TSLA Weekly $245-242.50 Puts
$245: 4.70-5.95 (+27%)
$242.50: 3.74-4.80 (+28%)
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NVDA Weekly $420-410 Puts
$420: 5.95-9.20 (+55%)
$415: 4.25-6.90 (+62%)
$410: 3.00-5.00 (+67%)

Fresh Options Ideas:
FERG 10/20 $155-160 Calls
UNFI 10/20 $15 Puts
THO 10/20 $90 Puts
PM 10/27 $94-95 Calls
MORF 11/17 $25 Calls

TransCode Therapeutics Inc. (NASDAQ:RNAZ) – Recap:

We also have an update on RNAZ which has made quite the move following our tag of the stock in last Wednesday’s extended watchlist. From a low of .56, RNAZ shot up to an impressive new high of 3.20 yesterday. That represents an increase of 471%

Extended Watchlist:
SLNO, AVTX, THAR, IMVT, IFBD, BFRG, PRSO, STSS, WOWI, APLIF, GVXXF

Tuesday’s Movers, Today’s Earnings Plays

Tuesday’s Runners:

We fared rather well with our fresh options idea for yesterday morning’s premarket report, scoring big with two out of our three listed targets. The gains were relatively nominal as compared to some of the big multi-baggers we’re accustomed to, but four out of the six total contracts in question did at least reach double-bag status.

Those plays were the PYPL Weekly $73-70 Puts, and the IFF 05/19 $95-90 Puts, and here were the kinds of intraday runs they recorded on the session:

 PYPL Weekly $73-70 Puts
$73: 3.70-7.10 (+92%)
$72: 2.88-6.10 (+112%)
$71: 1.95-5.15 (+164%)
$70: 1.43-4.19 (+193%)
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IFF 05/19 $95-90 Puts
$95: 2.90-7.30 (+152%)
$90: 1.79-3.50 (+96%)

Fresh Options Ideas:
ALC 05/19 $75-80 Calls
LI Weekly $25.50-26.50 Calls
ABNB Weekly $111-109 Puts

Extended Watchlist:
UFAB, STSS, ADXN, TCRX, ZFOX, CTIC, UPST, FRCB, TMRC

Options Review, Bearish on New Plays

BAC, SYF Options Review: 

We made good on both of the short-term options trading ideas we issued in yesterday morning’s premarket report. with our long -term play needing some more time to mature. We typically steer clear of banks, but occasionally we will take a shot following an earnings drop and we did so successfully with Bank of America.

We were zeroed in on the BAC Weekly $36.50-37.50 Calls, as well as the SYF Weekly $37-39 Calls, which also produced significant intraday gain opportunities for us on the day. The daily ranges and total possible profits off of those ideas were as follows:

BAC Weekly $36.50-37.50 Calls 
$36.50: 1.18-2.86 (+142%)
$37: .84-2.35 (+179%)
$37.50: .56-1.90 (+239%)
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SYF Weekly $37-39 Calls
$37: 2.20-3.46 (+57%)
$38: .85-2.45 (+188%)
$39: .39-1.75 (+348%)

Fresh Options Ideas:
HAL Weekly $41.50-40.50 Puts
LMT Weekly $460-465 Puts

Casa Systems Inc. CASA – Recap:

Another winner from yesterday morning’s report was CASA, which we tagged for the first time in our extended watchlist. The stock would go on to place as the top gainer on the NASDAQ for the day. From an early low of 5.63, CASA ran to a high of 7.18, marking down a respectable intraday run of 28%

Extended Watchlist:
LCLP, RVVTF, LRTNF, SEII, STSS, AYTU, TBLT, AXSM, NAVB