Fresh Ideas for Big Name Earnings & More

Weekly Options Pop Off:

The back and forth choppiness of the markets recently has really been something to see, and after a rough start to the week on Monday, yesterday’s session flipped and went very bullish. Of the three quick-strike options trading ideas that we formulated in our premarket report, all three produced some very nice gain opportunities. We’ll hold off on the set of August calls we hashed out for NVS, and just focus on the short term plays.

Those contract sets targeted were the HAL Weekly $28.50-29.50 Calls, the JNJ Weekly $172.50-177.50 Calls, and the IBM Weekly $134-131 Puts. They all turned in good cards for the day, and provided ourselves and our readers with the following intraday gain chances:

HAL Weekly $28.50-29.50 Calls 
$28.50: .80-1.29 (+61%)
$29: .53-.99 (+87%)
$29.50: .40-.70 (+75%)
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JNJ Weekly $172.50-177.50 Calls
$172.50:
 .58-1.24 (+114%)
$175: .20-.45 (+125%)
$177.50: .46-1.06 (+130%)
_____

IBM Weekly $134-131 Puts
$134: 3.74-6.50 (+74%)
$133: 1.91-5.40 (+183%)
$132: 1.60-4.60 (+187%)
$131: 1.53-3.80 (+148%)


Fresh Options Ideas:
NFLX Weekly 207.50-215 Calls
BKR 08/19 $26-25 Puts
STZ 07/29 $250-245 Puts


Extended Watchlist: 
BLQS, NSAV, ZAAG, GWSO, MAXD, EVIO, ELRA, XSNX, SDIG, APLD, SNTI, SLNO, AIM, GNLN

Options Review, Special Reminder

Friday’s Options Runners: 

As is typical for us, we’re going to kick things off this morning by reviewing the winning options trading ideas that we formulated in our previous report. On Friday morning, we provided three sets of potential targets for our readers, and thanks to some help from a furiously bullish day for the markets in general, all three idea sets bore fruit.

We were specifically after the SPY 02/25 $428-431 Calls, the, SQ Weekly $110-115 Calls and the COIN Weekly $177.50-182.50 Calls. Many of the gains we saw in those contracts soared high into multibag territory with the following impressive daily runs:

SPY 02/25 $428-431 Calls
$428: 2.28-9.87 (+333%)
$429: 1.76-8.84 (+402%)
$430: 1.33-7.96 (+498%)
$431: .97-6.98 (+620%)
____

SQ Weekly $110-115 Calls
$110:
 2.68-10.65 (+297%)
$111: 2.12-9.15 (+332%)
$112: 1.64-8.64 (+427%)
$113: 1.42-7.40 (+421%)
$114: 1.15-6.40 (+456%)
$115: .89-5.75 (+546%)
_____

COIN Weekly $177.50-182.50 Calls
$177.50:
 1.32-3.51 (+166%)
$180: .85-2.10 (+147%)
$182.50: .49-1.20 (+145%)


Imperial Petroleum, Inc. IMPP – Recap: 

The impressive run in IMPP continued on Friday to close out the week. We had just recapped its performance in our morning report, and it produced another solid session and is gapping to new highs this morning. From our observed low of .631, the stock has now risen 310% as of its premarket high of 2.59 this morning!


Special Reminder: 

We would urge our readers NOT to miss out on tomorrow morning’s special report, which will feature a brand new point of focus in a future-forward market space with unlimited growth potential! Scan your inboxes diligently at the normal time tomorrow morning to get in on this prime opportunity!


Extended Watchlist:
MULN, INDO, ALF, HMBL, SYSX, INTK, ILUS, ICOA, JPEX, DPLS, ZAAG

Potential Bottom-Play, Options Recaps

Options Reviews: 

Our primary order of business this morning is rather typical, but we never get bored tracking winning options plays. We’ve got updates of new highs on some ideas that we were tracking in BBIO, as well as the daily figures from the fresh plays we offered up in yesterday morning’s premarket report.

We initially slated the BBIO 02/18 $12.50-15 Calls in Tuesday morning’s report , while, with yesterday’s new targets we were on the bearish side of the fence with the CALM 01/21 $37.50-35 Puts and the FCEL Weekly $5.50-5.00 Puts. Here are the total gains made by all of those plays so far:

BBIO 02/18 $12.50-15 Calls 
$12.50: 1.85-3.65 (+97%)
$15: 1.50-2.60 (+73%)
_____

CALM 01/21 $37.50-35 Puts
$37.50: 
.80-1.68 (+110%)
$35: .20-.50 (+150%)
_____

FCEL Weekly $5.50-5.00 Puts
$5.50: .35-.71 (+101%)
$5.00: .10-.29 (+190%)


Edgewise Therapeutics, Inc. EWTX – Bottom-Watch Play:

We’re also looking at EWTX for a possible bottom-bounce play in the days and weeks ahead. The stock recently got crushed down near its annual lows, and we’re going to be looking for it to hold support at $14.

We’ve drawn up a little annotated chart snapshot so you can see what we find attractive about this potential play.


Extended Watchlist:
ISIG, RELI, KPRX, FTT, CTK, CNGI, DPLS, NHMD, AXXA, SANP, USEI, PBHG, ZAAG