OPTIONS WINNERS
We introduced three earnings related options ideas in yesterday morning’s premarket report, each with a range of contracts in their respective chains that we found enticing.
We got fantastic results from the vast majority of the contracts we were tracking. Two of the three ideas yielded several opportunities for multi-bag intraday gains.
International Business Machines Corp. IBM
Weekly $130-134 Calls
$130 Calls – Range: 1.74-5.30 – Max Gain: 205%
$131 Calls – Range: 1.50-4.30 – Max Gain: 187%
$132 Calls – Range: .43-3.75 – Max Gain: 772%
$133 Calls – Range: .58-3.10 – Max Gain: 434%
$134 Calls – Range: .38-2.45 – Max Gain: 545%
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The Procter & Gamble Co. PG
Weekly $93-95.50 Calls
$93 Calls – Range: 1.35-3.33 – Max Gain: 261%
$93.50 Calls – Range: 1.22-2.8 – Max Gain: 530%
$94 Calls – Range: .90-2.62 – Max Gain: 382%
$95 Calls – Range: .48-1.77 – Max Gain: 506%
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Logitech International, Inc. LOGI
We also published a longer term options idea in our report on Tuesday morning, signaling the LOGI 02/15 $34 & $35 Calls for observation, and we’ve got an update on those plays as well, which have also turned into multi-bag runners this midweek.
The $34 Calls have thus far traded up from a low of .85 to a high of 2.40 for a gain of 182%, while the $35’s have gone from .55 to 1.65- an increase of 200% With three weeks remaining until expiration we can continue to keep an eye on these for the possibility of higher highs.
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Fresh Ideas:
Southwest Airlines Co.
LUV Weekly $52-54 Calls
McCormick & Co. Inc.
MKC 02/15 $125 & $120 Puts
Extended Watchlist:
ADIL, TXT, UCTT, ROX, INO