Tag: USEA

Earnings Season Back in Full Swing

Solid Start to the Week:

We put our best foot forward yesterday to kick the tires on a fresh trading week, and despite a poor session for the markets, four of the five options ideas we included in our morning report ended up presenting respectable swing trade opportunities early in the day.

We cast a rather wide net, and the targets that produced for us were the SPY 07/18 $386-388 Calls, the SYF Weekly $31-33 Calls, the GS Weekly $300-305 Calls, and the BA Weekly $150-152.50 Calls. Here were the intraday swings and total possible gains they recorded:

SPY 07/18 $386-388 Calls
$386: 1.89-2.66 (+41%)
$387: 1.25-1.85 (+48%)
$388: .76-1.23 (+62%)
_____

SYF Weekly $31-33 Calls
$31: 1.80-2.41 (+34%)
$32: 1.11-1.70 (+53%)
$33: .43-1.00 (+133%)
_____

GS Weekly $300-305 Calls
$300: 3.80-5.33 (+40%)
$302.50: 2.81-4.10 (+46%)
$305: 1.95-2.90 (+49%)
_____

BA Weekly $150-152.50 Calls 
$150: 3.90-5.03 (+29%)
$152.50: 2.74-3.64 (+33%)

Fresh Options Ideas:
HAL Weekly $28.50-29.50 Calls
NVS 8/19 $82.50-87.50 Calls
JNJ Weekly $172.50-177.50 Calls
IBM Weekly $134-131 Puts

OTC Recaps:

Here are a few selections from recent extended watchlists that got off to a good start to the week yesterday. They posted new highs for us, and serve as a reminder to track the plays in our daily watchlists and look out for for hidden gems.

VaporBrands International Inc. VAPR
Range: .054-.0949
Gained: +76%

Cruzani, Inc. CZNI
Range: .0005-.0017
Gained: +240%

Galexxy Holdings, Inc. GXXY
Range: .269-.477
Gained: +77%

Extended Watchlist: 
ETCG, LTCN, AABB, MMMW, IDGC, OWUV, JNSH, XELA, STIM, USEA, APLD, WFG

Five Fresh Ideas to Start the Week

Friday’s Options Movers:

We put an excellent cap on last week, finishing up on Friday morning with a trio of options ideas in our premarket report. It was a good way to cap off the final session The markets put on a good performance, and that helped to propel our targets to some very good intraday increases and possible profits.

Those plays were the SPY 07/15 $379-382.50 Calls, the UNH Weekly $507.50-515 Calls, and the PINS Weekly $19-20.50 Calls.The success ran all the way across the board, with only one of the thirteen individual contract sets in our designated ranges falling just shy of multi-bag territory. Here were the total gains that were up for grabs:

SPY 07/15 $379-382.50 Calls
$379: 2.71-6.20 (+129%)
$380: 2.15-5.50 (+156%)
$381: 1.61-4.25 (+164%)
$382: 1.19-3.25 (+173%)
$382.50: 1.03-3.13 (+204%)
_____

UNH Weekly $507.50-515 Calls
$507.50: 10.35-24.01 (+132%)
$510: 7.44-20.04 (+169%)
$512.50: 5.80-19.05 (+228%)
$515: 3.70-16.85 (+355%)
_____

PINS Weekly $19-20.50 Calls
$19: .82-1.50 (+83%)
$19.50: .43-1.04 (+142%)
$20: .21-.60 (+186%)
$20.50: .11-.24 (+118%)

Fresh Options Ideas:
SPY 07/18 $386-388 Calls
SYF Weekly $31-33 Calls
SCHW Weekly $61-64 Calls
GS Weekly $300-305 Calls
BA Weekly $150-152.50 Calls 

United Maritime Corp. USEA – We’ve also got a quick update this morning on USEA, which just commenced trading on the NASDAQ on July 6th. We tracked it over a nice 64% run the following day on the 7th, after which it consolidated into last week. After appearing again in Friday morning’s premarket report, we watched USEA make another solid move from 4.30-6.07 (+41%).

Extended Watchlist: 
GOGY, CVVUF, QSEP, CYBL, DRFS, GXXY, VAPR, QD, ADN, ILAG, EVTL, ETON, TANH

Thursday’s Movers, Friday’s Targets

Options Recap:

As we head into the end of what has been a very productive week, we’re going to take a minute to reflect on the excellent job we’ve done weathering the earnings drought which is set to end on Monday day morning. We’re sure to have plenty of ideas to come from that, but in the meantime, we’ve held our own with our daily options ideas.

Yesterday we put forth four possibilities, and three of them recorded significant positive movement on the day. Our winning targets of interest were the SPY 07/15 $378-375 Puts, the TSM Weekly $81-83 Calls, and the JPM Weekly $109-107 Puts, which posted the following trading ranges and total profit possibilities:

SPY 07/15 $378-375 Puts
$378: 3.71-5.64 (+52%)
$377: 3.08-4.94 (+60%)
$376: 2.54-4.25 (+67%)
$375: 2.08-3.66 (+75%)
_____

TSM Weekly $81-83 Calls
$81: .98-3.15 (+221%)
$82: .60-2.26 (+277%)
$83: .37-1.50 (+305%)
_____

JPM Weekly $109-107 Puts 
$109: 1.93-3.25 (+68%)
$108: 1.03-1.92 (+86%)
$107: .64-1.33 (+108%)

Fresh Options Ideas: 
SPY 07/15 $379-382.50 Calls*
UNH Weekly $507.50-515 Calls*
PINS Weekly $19-20.50 Calls*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders. 

OTC Update: Cruzani, Inc. CZNI – We’ve been tracking CZNI this week, which hit a new high of .0011 yesterday, cracking through the barrier between super-subpenny and subpenny territory. From our initially observed low of .0005 following our alert on Monday morning, the stock has posted an increase of 120%

Extended Watchlist: 
RMSL, HALB, DRFC, FMCC, FNMA, GEGI, JPEX, SYSX, USEA, NEXI, EVTL, PINS, ILAG