Tag: TXTM

More Big Name Earnings Reports, More Options Ideas

Yesterday’s Options Runners:

We cast a fairly wide net yesterday with respect to the number of potential targets we were monitoring, with five ideas on the daily slate in our premarket report. Despite another rough ride for the markets in general, most of those targets put forth early gain opportunities. Our bearish sentiment on Carvana of course led to the best chances.

The specific targets were the CVNA Weekly $91-88 Puts, the CSX Weekly $35-37 Calls, and the TSLA Weekly $1040-1060 Calls. and the possible intraday gains ranged from moderate to excellent. Here were the trading ranges they registered:

CVNA Weekly $91-88 Puts
$91: 2.90-11.71 (+304%)
$90: 2.80-10.70 (+282%)
$89: 3.17-9.47 (+199%)
$88: 2.25-8.70 (+287%)
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CSX Weekly $35-37 Calls
$132: 1.62-2.50 (+54%)
$133: 1.00-1.60 (+60%)
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TSLA Weekly $1040-1060 Calls 
$1040: 30.75-52.72 (+71%)
$1045: 27.45-48.29 (+76%)
$1050: 23.51-44.25 (+88%)
$1055: 21.91-40.00 (+83%)
$1060: 18.41-36.10 (+96%)

Fresh Options Ideas:
KMB Weekly $130-134 Calls*
SLB Weekly $40.50-41.50 Calls*
HCA Weekly 245-237.50 Puts*
SNAP Weekly $29-30 Calls*

*Please don’t try to trade options on their day of expiration unless you are well versed in options trading! 

Extended Watchlist:
TXTM, FAGI, GDSI, VLON, MITQ, IGDX, NVSGF, PMETF, CGSI

Multi-Bag Options Plays & More

Post-Earnings Options Recaps:

We kept the options success rolling yesterday morning after our typical issuance of fresh trading ideas in our premarket report. Whenever possible, we try to focus on the options chains of companies that have just published quarterly reports, for the accompanying volatility provides a lot of intraday movement.

It’s always a great day when every single possible play we’re tracking turns in a winning card, and that’s just what happened yesterday with our targets, the COIN Weekly $275-280 Calls, the U 08/20 $110-115 Calls, and the WEN 08/20 $22-23 Calls. They all put forth respectable performances on the day, and yielded the following gain opportunities:

COIN Weekly $275-280 Calls
$275: 8.99-20.30 (+126%)
$277.50: 8.42-18.00 (+114%)
$280: 7.08-16.21 (+129%)
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U 08/20 $110-115 Calls
$110: 4.98-12.00 (+141%)
$115: 2.50-7.80 (+212%)
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WEN 08/20 $22-23 Calls 
$22: .80-1.20 (+50%)
$23: .34-.60 (+76%)

Fresh Options Ideas:
NIO Weekly $43-44 Calls
APP 08/20 $60-65 Calls
BIDU Weekly $165-160 Puts 

Extended Watchlist:
PBTS, CLOV, XERS, OPEN, CNFR, NSAV, TXTM, LTNC, TGGI, ASTA, TWOH, SIAF, SDVI

Finishing Out the Trading Week with a Bang

Options Blowout Continues:

In yesterday morning ‘s premarket report, two of our three sets of fresh options ideas were bearish in nature, and despite the markets going on a tear for the session, it was those puts that fared the best.

We’re talking about the CI Weekly $225 Puts, and the ROKU Weekly $395-390 Puts, both of which recorded multi-bag intraday runs on the day. Those figures were as follows: 

CI Weekly $225 Puts
$45: 9.50-24.50 (+158%)
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ROKU Weekly $395-390 Puts
$395: 4.31-10.02 (+132%)
$392.50: 3.73-8.12 (+118%)
$390: 2.92-7.30 (+150%)

Moderna, Inc. MRNA – Update:

We also wanted to swing back around to provide an update on the MRNA Calls that we initially began tracking on June 21st, the MRNA 08/20 $195-210 Calls. The stock itself has exploded over that time period, from a low of 200.00 the day of our first alert, to yesterday’s new high of 443.99, a move of 122%  That move has facilitated these amazing gains in our designated options plays:

MRNA 08/20 $195-210 Calls
$195: 23.50-222.50 (+847%)
$200: 18.00-241.10 (+1239%)
$210: 13.55-214.50 (+1483%)


eXp World Holdings Inc. EXPI – Update:

We’ve also been following another set of longer term calls, the EXPI 08/20 $40-45 Call, which continue to pile on the new highs for us.

EXPI 08/20 $40-45 Calls
$40: 1.55-10.00 (+545%)
$45: 1.30-5.70 (+338%)

These gains were made possible in part by the buzz caused by the company’s blockbuster earnings report and first-ever cash dividends. We will look to roll up our strike area to include the $50 Calls as well, with EXPI appearing ready to continue its impressive upward trajectory.

Fresh Options Ideas:
DKNG Weekly $53.50-55.50 Calls*
CVNA Weekly $355-370 Calls*

*Beginning-to-intermediate level traders should not attempt to trade options on their day of expiration 

Extended Watchlist:
KXIN, ANY, BEST, MVST, TSOI, RGBP, TXTM, ASTI, EEGI, NWBO, ICOA, JOEY