Another Huge Session of Gainers & More

Hot Options Review:

We tracked down some solid plays for yesterday morning’s premarket report, offering up our take on some potential targets we found interesting in the BBBY and STZ chains. Both companies showed heightened activity following their earnings releases, and were also pushed along by some decent intraday market momentum.

Our specific targets issued were the  BBBY Weekly $29.50-31 Calls and the STZ Weekly $230-232.50 Calls, and they provided for the following single-session gain opportunities:

BBBY Weekly $29.50-31 Calls
$29.50:
 2.06-9.70 (+371%)
$30: 1.26-9.25 (+674%)
$31: .74-8.29 (+1020%)
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STZ Weekly $230-232.50 Calls 
$230: 5.50-8.60 (+62%)
$232.50: 3.19-6.05 (+90%)
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In Monday morning’s report we gave a couple sets of ideas in the CCIV options chain, and what we came up with was the CCIV Weekly $26 Calls and the CCIV 07/23 $27.50-28 Calls. Both the short and extended term contracts popped this week, giving us the chance to log sizable gains on these strong moves:

CCIV Weekly $26 Calls
$26:
 .50-3.05 (+510%)
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CCIV 07/23 $27.50-28 Calls
$27.50: 1.49-3.90 (+162%)
$28: 1.35-3.30 (+144%)


Western Sierra Resource Corp. WSRC – Recap:

We also would like to post a quick update on a stock we tagged and began tracking at the end of last week in our report on June 25th.

Subsequent to that alert, we have observed a run in WSRC from a low of  .2045 up to a new high of .492. That works out to an increase of 141%, while volume significantly exceeded the 30-day moving average in each session over that span.


Earnings Related Options Ideas:
WBA Weekly $52-53.50 Calls
MU Weekly $82.50-83.50 Calls 


Extended Watchlist:
ATHE, WNW, BGI, BLIN, CPOP, MEDS, CZNI, RNVA, JPEX, GCAN, TXTM, KATX, SDVI

HUGE Stock Runners & More

Majic Wheels Corp. MJWL – Review:

The first thing we want to do this morning is review the recent activity in MJWL, a stock that we initially targeted as a subpenny play in our report on the morning of May 13th. The low following that alert was .0094, the stock began to run, and it hasn’t looked back.

Following another of what has been innumerable new highs since then MJWL cracked TWENTY cents, with shares changing hands for as much as .221. From our observed low of six weeks ago, that works out to an overall increase of 2251%, making it our hottest OTC play of the year so far.


Marin Software, Inc. MRIN – Review:

Speaking of impressive stock runs, MRIN is a NASDAQ play that we began tracking in our report on the morning of June 24th. It isn’t often that we see such intense PPS gains in the higher cap stocks over such a short period, but in this current market anything is possible, and MRIN’s run has been impressive.

On the morning of our intial alert the stock was as low as 2.56. After nearly a week of big sessions, yesterday’s took the cake as MRIN soared to a new high of 18.82. That works out to a four-session swing and total potential gains of 635%


Fresh Options Ideas:
BBBY Weekly $29.50-31 Calls

STZ Weekly $230-232.50 Calls 


Extended Watchlist:
XELA, OCUP, BRQS, CUEN, BLIN, VTNR, VERB, ASTS, GTEH, USEI, TXTM, GDET, HCYT, APTY, COWI, SPQS

Another Fruitful Options Trading Week on the Books

Options Round-Up:

We try extremely hard on a regular basis to search for, and point out, options trading ideas that we think may have a chance to be successful plays for our readers. It has become the primary focus of our typical daily activities, and for good reason. We excel at it more often than not, and despite going through a period with a relatively meager earnings calendar, we have still managed to keep things going on that front.

Yesterday we formulated a four-pack of fresh options targets and three of those turned in some very nice gain chances for the day. Our winning picks were the CCIV Weekly $25-26 Calls, the DRI 07/16 $140-145 Calls, and the EXPI 07/16 $40 Calls.

Here were the intraday moves and total possible profit chances they attained:

CCIV Weekly $25-26 Calls
$25: .57-1.36 (+139%)
$26: .22-.66 (+200%)
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DRI 07/16 $140-145 Calls
$140: 2.71-4.30 (+59%)
145: 1.25-2.18 (+74%)
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EXPI 07/16 $40 Calls
$40: 1.85-2.65 (+43%)


Fresh Options Ideas:

We actually do have a few good earnings reporters this morning, with NKE and KMX drawing most of our attention. We’ll also venture a few targets for the SPCE chain following the FAA’s approval of its planned commercial sub-orbital flight business.

NKE Weekly $149-152.50 Calls
KMX Weekly $125-127 Calls
SPCE Weekly $45-49 Calls 


Extended Watchlist:
GRVI, FFHL, PSFE, OSMT, TXTM, APTY, SUWN, GNCP, MMATF, WSRC, LTNC, BRZV, DLOC

Wrapping Up a Solid Short Trading Week

Options Updates:

We have been tracking a number of options ideas with a June 18th expiration over the past week. Yesterday morning, we signaled interest in the ESTC 06/18 $125-135 Calls, and those went on to put up a nice performance on the day.

It was in Monday morning’s premarket report that we added CAN 06/18 $7.50-10.00 Calls, and we added some gains to our observed totals yesterday as the stock set a new high on the day.

ESTC 06/18 $125-135 Calls
$125: 4.95-7.60 (+54%)
$130: 2.90-4.60 (+59%)
$135: 1.20-2.85 (+137%)
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CAN 06/18 $7.50-10.00 Calls
$7.50: 
1.71-4.15 (+143%)
$10: .60-2.17 (+262%)

We have had some excellent success in our options speculation of late, and will continue to keep watch over all the June 18th targets we have designated, as well as keeping our eyes peeled for further quick-strike opportunities.


Fresh Options Ideas:
LULU Weekly $317.50-322.50 Calls*
DOCU Weekly $205-210 Calls*
MDB Weekly $280-287.50 Calls*

*Please be advised that trading ‘weekly’ options contracts on a Friday carries an elevated risk, and should only be attempted by seasoned traders!


Extended Watchlist:
NCTY, WINT, SENS, LEDS, SLRX, AEMC, TXTM, KATX, PJET, INKW, UNDR, 

WGO Options Target Yields 6700% Gainer

Schnizter Steel Industries, Inc. SCHN – Review:

In yesterday morning’s premarket report, our lone fresh options idea was an earnings based target in the SCHN chain, the SCHN 04/16 $42-43 Calls, submitted on the heels of the company’s Q2 earnings report.

We were met with a choppy day for the markets as a whole, but that didnt stop SCHN from providing us with the firepower to make some very respectable intraday gains.

Here are the figures on the ranges and total possible profits on these plays subsequent to our premarket alert: 

SCHN 04/16 $42-43 Calls
$42: 1.10-2.11 (+92%)
$43: .75-1.60 (+113%)


Winnebago Industries, Inc. WGO – Recap:

We’ve also seen an incredible move out of the WGO idea thatg we put forth a couple of weeks back. It was on March 24th that we initiated our idea on the WGO 04/16 $80-85 Calls. The very next day, WGO began an ascent up the chart that has persisted all the way through this week.

As a result, our ideas, and particularly the $80 Calls, have exploded in a huge way. With a percentage increase of over six thousand, those calls have become one of our best calls of this year so far!

WGO 04/16 $80-85 Calls
$80: .05-3.40 (+6700%)
$85: .37-1.13 (+205%)


Fresh Options Idea:
STZ Weekly $322.50-227.50 Puts 


Extended Watchlist:
TXTM, INND, IRNC, SPQS, FBCD, NUUU, ADHC, MTRI, 

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