Tuesday’s Runners, 5 New Potential Plays

Tuesday’s Recap:

Another day,another excellent performance from our daily premarket report. Tuesday’s session went off without a hitch, as we highlighted a slate of five potential options trading targets. We saw good intraday movement from each of our selections, and carried over the momentum that we already had built up from from strong showing on Monday.

Our areas of interest for Tuesday were the PLTR Weekly $162.50-165 Calls, the SPG Weekly $190 Calls, the NXPI Weekly $230-220 Puts, the PEP Weekly $155 Calls, and the PFE Weekly $25.50 Puts. These were their best moves for the day:

PLTR Weekly $162.50-165 Calls
$162.50:
 1.12-3.10 (+177%)
$165: .75-2.25 (+200%)
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SPG Weekly $190 Calls
$190: 2.50-4.20 (+68%)
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NXPI Weekly $230-220 Puts
$230: 12.91-23.00 (+78%)
$220: 7.00-14.54 (+108%)
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PEP Weekly $155 Calls
$155: 2.79-8.60 (+208%)
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PFE Weekly $25.50 Puts
$25.50: .11-.26 (+136%)


Fresh Options Ideas:
AMD Weekly $222.50-217.50 Puts
EMR Weekly $157.50-160 Calls
CMG Weekly $37.50-37 Puts
UBER Weekly $78-79 Calls
NVO Weekly $49-48 Puts


Extended Watchlist:
BYAH, SLAB, MOBX, CIGL, ELPW, BOXL, FEED, SUNE, ENPH, YXT, APPS

Huge Moves on Friday, Trio of New Ideas

A Fantastic Friday:

In our most optimistic expectations, we would never have assumed that it would be possible for us to extend our streak of nothing but positive plays in our daily options watchlists to a full two months, but that’s where we’re at now! For our premarket report on Friday, we went with a selection of four possible targets, and each of them not only rose, but posted multi-bag upswings on the session. We even had a couple targets break the thousand-percent gain barrier (by a lot). Prior to this epic run, our longest ever perfect streak topped out at one session shy of one month, so this new milestone is truly wild to behold.

Friday’s prospects were the SPY 03/07 $573-575 Calls, the AVGO Weekly $197.50-202.50 Calls, the HPE Weekly $15.50-15 Puts, and the GAP Weekly $21.50-22.50 Calls. These were the splendid intraday increases they recorded:

SPY 03/07 $573-575 Calls
$573: 
.63-4.75 (+654%)
$574: .51-3.92 (+669%)
$575: .42-3.18 (+657%)
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AVGO Weekly $197.50-202.50 Calls
$197.50: .07-.61 (+771%)
$200: .04-.28 (+600%)
$202.50: .02-.10 (+500%)
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HPE Weekly $15.50-15 Puts
$15.50: .30-.62 (+107%)
$15: .11-.25 (+127%)
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GAP Weekly $21.50-22.50 Calls
$21.50:
.27-1.73 (+541%)
$22: .10-1.22 (+1120%)
$22.50: .02-.75 (+3650%)


Fresh Options Ideas: 
SPY 03/10 $$569-568 Puts*
NVDA Weekly $112-110 Puts
TSLA Weekly $257.50-252.50 Puts

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


Extended Watchlist:
SUNE, STSS, ICON, XAGE, RDFN, CKPT, TRVI, BDRX


Options Recaps, 4 New Plays for Friday

Thursday’s Good Ideas:

We managed yet another solid sweep of our options board for Thursday, casting out four fresh ideas in our premarket report. We were pleased to find all four targets were primed and ready to go, with some really nice multi-bag movers in there.

We had our eyes on the BURL Weekly $262.50-267.50 Calls, the JD Weekly $45.50-46.50 Calls, the MDB Weekly $220-215 Puts, and the MRVL Weekly $76-74 Puts. Here were the results they then logged during yesterday’s trading:

BURL Weekly $262.50-267.50 Calls
$262.50:
4.60-6.39 (+39%)
$265: 2.50-5.70 (+128%)
$267.50: .55-1.05 (+91%)
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JD Weekly $45.50-46.50 Calls
$45.50:
.22-.61 (+177%)
$46: .30-1.43 (+377%)
$46.50:.21-1.17 (+457%)
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MDB Weekly $220-215 Puts
$220: 
11.16-27.00 (+142%)
$217.50: 10.05-18.92 (+88%)
$215: 7.77-23.06 (+197%)
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MRVL Weekly $76-74 Puts
$76:
2.16-4.33 (+101%)
$75: 1.58-3.60 (+128%)
$74: 1.20-2.87 (+139%)


Fresh Options Ideas: 
SPY 03/07 $573-575 Calls*
AVGO Weekly $197.50-202.50 Calls*
HPE Weekly $15.50-14.50 Puts*

GAP Weekly $21.50-22.50 Calls*

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


Plus Therapeutics Inc. (NASDAQ:PSTV) – Recap:

We also wanted to acknowledge the huge mover that jumped off our extended watchlist from yesterday. PSTV saw a low of .47 on the day, before screaming its way to a high of 2.60. That works out to an intraday pop of 453%


Extended Watchlist:
SUNE, FAMI, BTOG, ICON, PEV,


Blue Horseshoe Stocks: SNTA Recap, Options & More

Synta Pharmaceuticals Corp. SNTA

After catching a PR containing some big merger news for SNTA yesterday morning, we decided to include the stock in our premarket report, and it turned out to be a good decision.

On just under 12X the 3-month average trading volume, SNTA ran from a daily low of .32 up to .45 inside of the first 90 minutes of the session. That registered as a respectable intraday spike of 41% As measured to this morning’s premarket high of .488, that figure is extended to 53%

We’ll have our eyes peeled for another push this morning. The type of volume that we witnessed yesterday coupled with the stock holding more than 50% of its daily gains, puts SNTA into the category of a possible momentum play.

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Bonus Pharma Watchlist:

We are also going to be monitoring the activity in a couple of other pharma stocks in coming sessions:  Aoxing Pharmaceutical Co., Inc. AXN and Eleven Biotherapeutics, Inc. EBIO

EBIO is reportedly another reverse-merger candidate that caught a wave of momentum on the heels of yesterday’s big news, and AXN is showing a double-bottom signal and has been making headway trading up off of its lows for the past few sessions. We’ll want to monitor both of these plays into next week.


SPDR S&P 500 ETF (SPY) – Fresh Options Idea

It wouldn’t be a typical Friday without a end-of-week options idea, so we’re going to turn to one of our classic targets- the SPY. Here in the premarket we’ve observed a low of 207.58. How we’ll want to play it is this: Should the SPY maintain support at 207.50 or above on any early pullbacks, we’re going to be interested in the Weekly $207.50-208 Calls. In the event it fails to hold support a that point, we’ll look to the Weekly $208-207.50 Puts.

*CAUTION: Trading weekly options on Friday is commonly a very high risk proposition. To be attempted by advanced traders only!


Extended Watchlist:
SUNE, LNCO, LINE, VSLR, EBIX, DRWI, AXPW(Bottom-Watcher)

Blue Horseshoe Stocks: PBR Options Recap & More

Petroleo Brasiliero SA (Petrobras) PBR – Options Recap

We seem to have an uncanny knack for using the PBR options chain to our advantage, having done that so many times over the past few years that we’ve actually lost count.

Yesterday was no different, as we signaled interest in a pair of contracts that both ended up making appreciable intraday moves. Our highlighted plays were the PBR Weekly $6 $ 6.50 Calls. The 6’s traded in a range from .21-.35 for a gain of 66%, while the 6.50’s ran 49% from .53-.79. Should PBR continue along the bullish path we could see these figures extended even higher.

We also noted an exceedingly large amount of open interest (volume) in the contracts one increment up the chain, so we’ll also be watching the PBR Weekly $7’s for today, and most likely tomorrow as well.


3D Systems Corp. DDD

We began tracking DDD on February 2nd, and despite the Groundhog’s prediction being wildly inaccurate, ours was absolutely spot-on!  We witnessed a low of 7.40 in the stock that morning and have not seen it head lower since. As you can see on the beauty of a chart, it has been virtually one continuous uptrend over the past couple of months.

As of this morning’s premarket high of $18, we’ve witnessed a 143% upswing over the time that we’ve been monitoring the stock. Recent bullish patterns that we’ve highlighted on the chart below seem to indicate the possibility of even more gains from here, so we’ll want to watch closely.

The latest surge of momentum has been helped along by a PR released on Tuesday:



SunEdison, Inc. SUNE

SUNE was a stock that we began monitoring for a bottom several weeks back, however, at the time it appeared that a rebound could be a long way off. We drew our readers attention back to the stock exactly a week ago, and after some more sideways trading, this morning we’re finally catching the break we were looking for.

The investigation which has arguably held the stock back for quite some time, yielded no findings of fraudulent activity, as can be referred to in the following piece >> Read Article @ USA Today

In the premarket we’ve seen the stock gap up more than 50% which means we should be on the lookout for the possibility of a dip-and-rip to start things off today.


Extended Watchlist:
MKAU, SNTA, CTIC, PLCM, GOGL,

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