Tag: TRNX

ANAB Options Heating Up

AnaptysBio Inc. ANAB – Update

Today we want to come back to update on the progress of a longer-term options idea we formulated a couple of weeks ago on the 11th. We mentioned that we were interested in tracking the ANAB 01/17 $10-15 Calls, and it has turned out to be an excellent idea.

The stock itself has continually ramped its way up , filling some of the topside gap on the chart, trading from a low of 10.08 on the morning of our initial alert, to a new high of 13.33 yesterday. That’s an increase of 32% on the stock alone, with the observed gains in our highlighted options making much more significant moves:

$10 Calls – Range: 1.50-3.20 – Max Gain: 113%
$12.50 Calls – Range: .50-1.50 – Max Gain: 200%
$15 Calls – Range: .23-.55  – Max Gain: 139%

As you can see on the following chart snapshot, indicators are strongly suggesting that ANAB should continue to make progress in filling the immense gap.


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Fresh Options Ideas: 

We also have several companies reporting earnings this morning, and here are the potential opportunities that we find most attractive among them:

Dollar Tree, Inc. DLTR Weekly $99-96 Puts
Nutanix, Inc. NTNX $33.50-35 Calls 

Extended Watchlist: 
CREG, BXC, TRNX, DY, ONTX, DKS, GBT

Options Recaps, New Ideas

The Walt Disney Co. DIS – Options Review

On Friday morning, we closed out the week with a last minute options ideasignaling our interest in the DIS Weekly $139-142 Calls. Despite a turbulent open for stocks in general, we saw some really nice early opportunities from those ideas.

The total possible gains on those contracts were as follows: 

DIS Weekly $139-142 Calls
$139 Calls – Range: .61-1.48 – Max Gain: 143%
$140 Calls – Range: .38-.94 – Max Gain: 147%
$141 Calls – Range: .25-.54 – Max Gain: 116%
$142 Calls – Range: .12-.38 – Max Gain: 217%

AnaptysBio Inc. ANAB – Options Idea

We also took notice of ANAB this morning after the stock fell to new all-time lows yesterday. Just as a stock that shoots up a great deal in a short time must eventually come down to earth, one that tanks this hard is bound to recover some ground.

From current levels, a play on the stock itself could pan out favorably in a relatively short amount of time, but we will also designate some longer-term contracts in the options chain for an added idea. We’ll radar the ANAB 01/17 $10-15 Calls for observation over the next several weeks.

Extended Watchlist:
SPWR, CARB, HTBX, CANF, NKTR, TRNX, CLVS

Blue Horseshoe Stocks: ROKU Recap & More

Roku, Inc. ROKU  – Recap

Typically, our ideas include stocks and options that are suited for short-term, quick-strike style trades. But occasionally, when the situation calls for it, we do formulate longer-term ideas.

Such was the case on the morning of September 23rd, when we tagged the ROKU 11/01 $115-118 Calls for extended observation. We provided an update on Friday of last week, but the gains experienced have since increased considerably.

$115 Calls – Range: 3.00-11.72 – Max Gain: 291%
$116 Calls – Range: 3.60-11.14 – Max Gain: 209%
$117 Calls – Range: 2.82-10.60 – Max Gain: 276%
$118 Calls – Range: 2.50-10.20 – Max Gain: 308%

Based on the stock’s premarket activity, we would expect to see these figures rise even further as we close out another trading week.

Bonus Idea: ROKU Weekly $122-123 Calls

Bed Bath & Beyond, Inc. BBBY

We did include one of our typical fast-strike plays in yesterday morning’s premarket report, with our highlighting of the BBBY Weekly $13-12 Puts. That idea turned out to be extremely successful as well, with multi-bag intraday performances from both contract sets.    

The $13 Puts ran from .51-1.27, marking a move of 149%, while the $12’s ran even harder, trading in a range from .10-.45 and rising by 350%

Fresh Idea:
SPY SPDR S&P500 (ETF) SPY Weekly $293-.50-295.50 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds. 

Extended Watchlist:
TTNP, BCS, KTOS, TNP, OGI, PUK, WEN, TRNX, SRRA