MAJOR Options Winners

Options Review: 

We came up with a couple of options trading ideas in yesterday morning’s premarket report based off of earnings plays. We designated ranges of contracts to watch in the GS and MRNA chains and they both produced considerable intraday opportunities.

Our specific targets were the GS Weekly $330-332.50 Calls, and the MRNA Weekly $150-152.50 Calls and we saw multibag moves in both cases, with the Goldman Sachs ideas really stealing the show on the strength of some eye-popping moves. Those gains were as follows:

GS Weekly $330-332.50 Calls 

$330: 1.95-14.55 (+646%)
$332.50: 1.51-12.17 (+706%)
_____

MRNA Weekly $150-152.50 Calls
$150: 4.26-11.35 (+166%)
$152.50: 3.05-8.60 (+182%)
_____

We also had given readers an idea this past Friday morning on the LEVI 04/16 $26-27 Calls, and the stock has popped off to new highs this week, allowing for some huge potential profits for anyone who caught on to those targets:

LEVI 04/16 $26-27 Calls
$26: .25-1.65 (+560%)
$27: .05-.75 (+1400%)


Fresh Options Ideas:
SPY Weekly $414-415 Calls

TSM Weekly $120-121 Calls
PGR Weekly $97.50-100 Calls


Extended Watchlist:
TBEV, UBQU, APYP, RNVA, PRPM, HAON

Blue Horseshoe Stocks: Options Roundup

Dollar Tree, Inc. DLTR – Options Update

Yesterday, apart from highlighting the many winning options plays that came out of Wednesday morning’s premarket report, we also brought up a new idea for the DLTR options chain. We signaled the DLTR Weekly $85 Calls.

Those $85 Calls were big movers, trading in a range from 1.90-4.66 on the day. That represented an intraday pop of 145% so cheers to any of those who may have taken advantage of that healthy run.


Big Lots, Inc. BIG

We’re looking to BIG this morning on the heels of an earnings beat and cash dividend annoucment. The stock is gapping considerably above the $50-level to new annual highs. We’re going to be looking at the BIG Weekly $47.50-52.50 Calls* for possible quick-hit trades today.

*Caution: We always like to remind our readers that trading options contracts with a weekly expiration on Friday is an inherently risky proposition. Please do not attempt to do so if you are not an advanced-level trader.


Relypsa, Inc. RLYP

We’re coming across RLYP at an interesting time today. The stock is gapping up this morning, oddly enough, on news that hit for a rival.The FDA refused approval to pharma giant AstraZeneca for its potassium-lowering drug, effectively leaving RLYP’s competing drug as the lone option in the marketplace.

We’ve formulated an options idea for this play as well. With no weeklies available, we’re going to be monitoring contracts within the range of the RLYP 06/03 $20-25 Calls.


Extended Watchlist:
NNRX, KGNX, NEIK, TBEV

Blue Horseshoe Stocks: ATHI, TBEV Recaps & More

American Transportation Holdings, Inc. ATHI

ATHI was the most impressive among three good plays to come off of our extended watchlist in yesterday’s premarket report. Despite the stock having already made a 600% move on, Friday, we saw the opportunity to possibly take advantage of momentum spillover, and it turned out to be a great decision.

ATHI opened up at .0005, and never looked back as it ran from super-subpenny to subpenny territory, culminating in an impressive daily high of .0022 which registered as a 340% intraday rip.

Our sincere congratulations go out to any of our readers who were able to take advantage of this beast of a runner!

We may want to begin monitoring this play for a possible forthcoming dip-and-rip scenario caused by hastily-exiting profit-takers.


High Performance Beverages Co. TBEV

TBEV was the next good call for us from yesterday’s report. This is another stock that fared very well on Friday (.0015-.0025), yet still provided sufficient action for traders to make a tidy profit yesterday.

It traded in a range from .0017 to .0024, which represents a healthy intraday increase of 41%


BioPharmX Corp. BPMX

BPMX was a nice catch for us too yesterday. We witnessed a modest yet solid move from a daily low of 1.85 to a PPS high of 2.25, a 22% jump.

It brings BPMX to its highest value since early August. A return to June levels would mean significant added gains from here, so we’ll be open to the possibility of a protracted recovery for this stock.


Extended Watchlist:
EQLB, EGYH, SITO, AXPW, DGSE, TPIV, VPRO