4-Pack of Fresh Options Ideas

Options Updates

Despite a one day disruption on Tuesday to our near-perfect trading day attendance record over the last ten years, we got right back in the saddle yesterday, and back to full strength. We highlighted some possible options opportunities in yesterday morning’s newsletter, and among those were the UNH Weekly $270-277.50 Calls & the SPY Weekly $280-276 Puts.

UNH Weekly $270-277.50 Calls
$270: 6.00-13.11 (+119%)
$272.50: 4.21-11.15 (+167%)
$275: 3.30-8.99 (+172%)
$277.50: 2.39-7.50 (+214%)
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SPY Weekly $280-276 Puts
$280: 4.76-6.51 (+37%)
$279: 4.26-5.83 (+37%)
$278: 3.82-5.30 (+39%)
$277: 3.36-4.78 (+42%)
$276: 3.01-4.29 (+43%)
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We’ve also been tracking a longer-term set of ideas in the Johnson & Johnson chain, the JNJ 09/18 $150-155 Calls. The stock has been on a steady incline since we flagged this play last Tuesday morning, leading to the following moves:

  JNJ 09/18 $150-155 Calls
$150: 2.90-9.00 (+210%)
$155: 2.27-6.70 (+195%)


Fresh Options Ideas

ABT Weekly $90-92.50 Calls
BBBY Weekly $4.50-5.50 Calls
TSM Weekly $50-52 Calls
SMPL 08/21 $20-22.50 Calls


Extended Watchlist:
SPXA, OZSC, GCAN, TLSS, GRNF, EDNT, SNGX, DYNT, XNET, VGTL

Blue Horseshoe Stocks: PULM Review & More

Pulmatrix, Inc. PULM

The first thing we want to talk about this morning is the recent performance of a stock we tagged for observation roughly three weeks ago on the 11th of March. PULM was under consolidation in the sessions that followed, and over the past week, has really blossomed into a solid runner.

From its recent low of 1.05, the stock has risen as high as 3.01, which marks an increase of 187% PULM was trading above $4 just a few months ag0. We’ll continue to monitor to see if the stock can recover the rest of its lost ground.


FRESH OPTIONS IDEAS

Walgreens Boots Alliance WBA – Here we would like to signal a range of puts in the WBA chain on the heels of the company’s whiff on Q2 earnings expectations, and slashed guidance. Our targets this midweek are going to be the WBA Weekly $59-57.50 Puts, which may be helped along by a lackluster February Durable Orders report this morning.
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Cabot Corp. CBT – In this case, we simply like the technical setup of the chart. If CBT makes the kind of rebound it appears to want to make, we are going to see some solid opportunities out of the CBT 05/17 $40 Calls.


Extended Watchlist:
AMPG, SGMO, RIOT, XNET, SOLO, LW, KEP

Blue Horseshoe Stocks: Bottom-Watch Play & More

Eastman Kodak Co. KODK – Update

It was a few weeks ago on the 12th of January that we signaled a range of puts in the Kodak options chain.  The company had seen a considerable surge in price after announcing its own unique crypto-coin, but we took a skeptical position as to its sustainability.

We highlighted the KODK 02/16 $15 & $12.50 Puts.
and wanted to come back around to it this morning to check out the gains that were made possible as the stock has predictably failed to maintain its uptrend, and instead has fallen significantly since our alert.

As a result, the $15 Puts have run from 4.70-8.80 for an 87% pop, while the $12.50’s traded from a low of 2.60 up to 6.50, a gain of 150%


Auris Medical Holding Inc. EARS

We lso want to add a quick bottom watch play in EARS to kick off the week this morning.

It’s got multiple gaps to fill to the upside and is currently considerably oversold. We’ll want to watch this stock for a potential rebound in the days and weeks ahead.


Extended Watchlist:
JAGX, MARK, USLV, BUR, GERN, XNET