Home Depot & Other Updates, Fresh Ideas

Recapping Home Depot Calls, Other Options: 

As usual, our first order of business for the day is to provide tracking on our active options trading interests. This morning that includes the solid moves made by the Home Depot calls we signaled for observation in yesterday’s premarket watchlist. as well as some more new highs on a couple of the other plays on our radar this week.

Specifically, we are referring to the HD Weekly $370-375 Calls, the BEKE 11/19 $17.50-20 Calls, and the PYPL 12/10 $210-225 Calls. In the case of the HD’s, we got some fantastic intraday movement, and our pre-existing targets managed to tack on some impressive new highs.

Those movements and total possible options trading profits thus far, are as follows:

HD Weekly $370-375 Calls
$370: 10.00-24.45 (+145%)
$372.50: 8.50-22.00 (+159%)
$375: 7.15-19.51 (+173%)

BEKE 11/19 $17.50-20 Calls
$17.50: 1.94-7.40 (+281%)
$20: .65-5.00 (+669%)

PYPL 12/10 $210-225 Calls
$210: 4.00-10.50 (+163%)
$215: 2.88-7.78 (+170%)
$220: 2.05-5.60 (+173%)
$225: 1.45-4.00 (+176%)


Fresh Options Ideas:
BIDU Weekly $170-175 Calls
TJX Weekly $71-73 Calls
LOW Weekly $250-255 Calls 


Extended Watchlist: 
PROG, CEI, SPI, ZSAN, RMTI, PCTL, GWHP, SBFM

3000% Options Gainer & More

Recapping Friday’s HUGE Options Gains:

We managed to formulate three really solid options trading ideas on Friday morning that finished out last week with a bang, so that’s how we’re going to open up things for this fresh trading week, is to go over what was on the table.

Our major winners were the , the, and the, with the CVX calls being particularly exciting, it’s not very often that we hit on a single-session 3000% ripper but that’s what was possible with the CVX $113 Calls! Here are all of those intraday figures from Friday:

CVX Weekly $113-115 Calls
$113:
 .06-1.86 (+3000%)
$114: .18-.96 (+433%)
$115: .04-.28 (+600%)
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ABBV Weekly $110-112 Calls

$110: 1.45-4.85 (+234%)
$111: .65-3.85 (+492%)
$112: .37-2.83 (+665%)
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XOM Weekly $63-65 Calls
$63:
 1.47-2.02 (+37%)
$64: .47-.93 (+98%)
$65: .05-.14 (+180%)


Fresh Options Ideas:
SPY 11/01 $459-460 Calls
DKNG Weekly $46-47 Calls 

ON Weekly $50-52 Calls 


Stock Runners:

As has become commonplace, we also have some stock-only winners from recent newsletters whose performances we’d like to relay to our readers this morning. Below you can find links to the report from our initial alert days, as well as the trading range and total possible gains subsequent to those alerts.

Meten Holding Group, Ltd. METX
Initial Alert: Oct 26th

Range: .4025-.745
Gained: +85%
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Utilicraft Aerospace Industries, Inc. UITA
Initial Alert: Oct 28th
Range: .0109-.035
Gained: +221%


Extended Watchlist:
ABVC, LCID, ARTL, BTTX, ZSAN, USWS, AHFD, PHIL, BBKCF, TONR, CUBV, SMURF, IGEX

HUGE Options Success on Short Week


Johnson & Johnson JNJ 

Our coverage of JNJ options continues today as we close out this short trading week. We have been hot on the trail of this chain since last Monday, adjusting our ideas as we go, and have landed on the JNJ Weekly $140-142 Calls. Those contract sets have set new highs for us multiple times already, and yesterday’s session was no exception.

The markets went on another tear, going majorly green across the board, and that produced the following ranges and potential intraday mega-gains: 

JNJ Weekly $140-142 Calls
$140: .55-4.40 (+700%)
$141: .37-3.35 (+805%)
$142: .25-2.68 (+972%)
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SPDR S&P500 (ETF) SPY –
 We would also like to update on the SPY calls we made this Monday morning.  We signaled the Weekly $258-260 Calls, and those have made some really nice headway as well, providing for the following gain opportunities:

Weekly $258-260 Calls 
$258: 4.07-16.85 (+314%)
$259: 3.61-15.86 (+339%)
$260: 3.11-15.13 (+386%)

We will go ahead and roll up to track the SPY Weekly $274-275 Calls into the close today. 


More Options Updates 

We also generated a pair of fresh ideas for yesterday’s morning report based off of earnings, and both of those played fairly well on the day.

LEVI 04/17 $12-13 Calls
$12:.80-2.00 (+150%)
$13: .30-1.15 (+283%)

SGH 04/17 $22.50-25 Calls 
$22.50: 2.05-3.21 (+52%)
$25: .65-1.85 (+185%)


Extended  Watchlist:
USWS, TLSA, TBLT, NLS, ZSAN, RIG, MFSO


Added Note: 

We have been getting an inordinate amount of new subscribers in recent weeks, with more people at home, and still more who are simply trying to maximize their trading opportunities during this difficult time. Regardless of your reasoning for joining our ranks, we would like to offer you a big ‘Welcome to the Family’, and encourage all newcomers to take advantage of our live daily traders chats on Skype (Send contact request to “stocksumo”) 

Blue Horseshoe Stocks: More Options Success

UnitedHealth Group Inc UNH

As we near the midway point of this holiday-shortened week, we are going to be taking a look at a fresh earnings related options idea with UnitedHealth.

The company just posted an impressive across-the-board earnings beat, while the chart itself was already in a prime bottom-bounce position. We are going to track the UNH Weekly $232.50-237.50 Calls, which should be in very good shape if events play out as expected.


Fastenal, Inc. FAST

We also signaled the FAST 04/18 $62.50-67.50 Calls, last Thursday following the company’s own earnings beat. The moves we’ve observed since then have been moderate, but still impressive nonetheless.

$62.50 Calls – Range: 5.40-7.10 – Max Gain: 31%
$65 Calls – Range: 2.40-4.80  – Max Gain: 100%
$67.50 Calls – Range: 1.10-2.43 – Max Gain: 121%
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Fresh Options Idea:
Senior Housing Properties Trust SNH 06/21 $10 Calls


Extended Watchlist:
CNAT, CHFS, JAGX, RWLK, JMIA, MDR, ZSAN,

Blue Horseshoe Stocks: Closing Out a Strong Week

Kandi Technologies Group Inc. KNDI – Recap

On Wednesday morning, we were looking at a pair of contracts in the KNDI options chain. We did see multi-bag gains out of those as mentioned in yesterday’s morning report, but perhaps just as big of a story is the move that KNDI stock itself managed in the two sessions since that alert.

From a low of 7.16 Wednesday morning, to yesterday’s high of 9.21, KNDI has managed to rattle off a 29% session-over-session increase. That’s a heck of a two-day swing for a $7+ stock, and will keep our interest as we close out the week.

This move was catalyzed by the US approval of two of the Chinese company’s electric vehicles.  The National Highway Traffic Safety Administration gave the domestic go-ahead to KNDI’s Model EX3 and Model K22 electric cars.


Dominos Pizza, Inc. DPZ – Recap

We went bearish with some Dominos Puts yesterday, following a particularly bad quarterly release by the company in yesterday’s premarket earnings dump. Earning and revs were big misses, with same store sales making only a marginal jump.

We signaled our interest in tracking the DPZ Weekly $270-260 Puts and both of those sets of contracts recorded solid intraday moves to the upside, of which traders could have taken advantage. The $270 Puts ran from 12.02 to 20.50, marking a 71% rip, while the $260 surged even more, trading in a range from 4.99-12.84 for an intraday gain of 177%


Fresh Ideas:
TTD Weekly $170-175 Calls
ROKU Weekly $53-56 Calls


Extended Watchlist:
ZSAN, FCEL, SENS, OLED, CATM, CMRX, CGIX, XSPA, AITX

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