Top Tier Tuesday, 4 New Possibilities

A Solid Tuesday Trend:

Tuesday was another great day for the options ideas we floated in our daily premarket report, continuing Monday’s sweep and establishing a good trend for the week. We had formulated three potential trading ideas, and all three of them produced good intraday movement, of which traders could have taken advantage.

Those solid plays were the UNH Weekly $477.50-482.50 Calls, the MS Weekly $88-90 Calls, and the AMD Weekly $160-162.50 Calls, and here were the intraday runs and maximum possible profits they recorded for the session:

UNH Weekly $477.50-482.50 Calls
$477.50
: .93-3.50 (+276%)
$480: .68-2.61 (+284%)
$482.50: .46-1.88 (+309%)
_____

MS Weekly $88-90 Calls
$88
: 1.37-3.15 (+130%)
$89: .90-2.33 (+159%)
$90: .55-1.62 (+194%)
_____

AMD Weekly $160-162.50 Calls
$160: 4.65-6.40 (+38%)
$162.50: 3.15-4.70 (+49%)


Fresh Options Ideas: 
UAL Weekly $43.50-44.50 Calls
JBHT Weekly $170-165 Puts
OMC Weekly $90-92.50 Calls
GWRE 05/17 $105-100 Puts


Fisker, Inc. (OTCMKTS:FSRN) – Recap:

We also wanted to update readers on the performance of FSRN, which came off of yesterday’s watchlist to make a very solid intraday move. The stock traded up from a low of .054 and hit .095 on the day, which represents an upswing of 76%


Extended Watchlist:
BW, SBFM, INVO, WISA, AGFY, VIAO, VNDA, NBY, CXAI, LMDXF, SDRC, MDMP

Tuesday Review, 3 Fresh Options Ideas

Reviewing Tuesday’s Ideas:

Things went pretty well in terms of the possible options trading targets in our premarket report yesterday morning. There were a pair of quick-strike ideas based on earnings reporters, and a couple of longer-term swing trades with expirations next month, one of which posted some decent intraday moves right out of the gate. Both of the shorter term plays produced solid results as well.

Those targets were the PVH 04/19 $110-105 Puts, the PAYX 04/19 $120-115 Puts, and the SNOW 05/10 $175-180 Calls. Here were the trading ranges and total possible percentage gains in each of them for the day:

PVH 04/19 $110-105 Puts
$110
: 2.30-6.37 (+177%)
$105: .35-4.10 (+1071%)
_____

PAYX 04/19 $120-115 Puts
$120: 1.16-2.21 (+90%)
$115: .29-.60 (+107%)
_____

SNOW 05/10 $175-180 Calls
$175: 2.00-2.80 (+40%)
$180: 1.84-2.12 (+15%)


Fresh Options Ideas:
CALM 04/19 $60-65 Calls
PLAY 04/19 $65-70 Calls
LH 04/19 $210 Puts


Extended Watchlist:
ASAP, ZNPG, CYBL, EARI, APLIF, KTRA, AIH, ABIO, VVPR, HSDT, VNDA, XTIA

Blue Horseshoe Stocks: GSK Recap & More

GlaxoSmithKline plc GSK – Update

We attempted to keep our excellent 2019 options performance intact yesterday, and we did see some chances for intraday gains in the fresh idea for GSK we included in our premarket report.

The stock didn’t skyrocket by any means, rising by less than a dollar, but the activity was sufficient to produce the following moves in our designated contracts.

$39.50 Calls – Range: .65-1.24 – Max Gain: 91%
$40 Calls – Range: .15-.75 – Max Gain: 400%
$40.50 Calls – Range: .10-.40 – Max Gain: 300%
_____

Fresh Idea:
GRUB Weekly $86-87.50 Calls


Calix, Inc. CALX &
Vanda Pharmaceuticals, Inc. VNDA

We want to group these two stocks together this morning and tag them as bottom-watch plays. We’ll observe for the establishment of higher lows after their recent selloffs.

Both are now in the position of being extremely oversold, and exhibiting many of the conditions we routinely look for in potential recovery plays. We’ll observe their activity as we head into the end of the week.


Extended Watchlist:
DRVD, PYDS, NVCN, TPNL, BIOC