What are your earning plays?
Chris the Miss - Option Tendies Creator. Enjoy the community!
Outside of earnings plays, I have a few ideas for the week of July 20th-24th.
NIO- current $11.00 Average 3 month volume = 100million. Overpriced imo
Put option: $6-$7 range. Could be very wrong but with WHKS at $14, this feels overhyped but who knows
HTBX- Heat Biologics- Bio play, ran up into Friday. Could buy X amount of shares, flip for profit and keep shares as profit for portfolio. Average 3 month volume = 20 million Friday= 180 million
TOPS- Top Ships: international owner and operator of tanker vessels. 5 years ago shares were worth 2+ million a share. Current $0.1114 Could buy X amount of shares, flip and keep profit in free shares. Average 3 month volume: 100 million Friday= 98 million
TWTR- Twitter running up into earnings. Current $35.96 Seems to have improved off hacking event? Earnings 7/23 Thursday but a PUT off the back end may be reasonable or put spread. Perhaps this will just create a new average at $35 so just an instinct play but again, who knows?
iBIO- is a biotechnology company, along vaccine play. Current price $3.91; Could buy X amount of shares, flip and keep profit in free shares. Moved 20% Friday; Friday volume: 70 million, 3 month average volume: 11.7 million
Other ideas: ARK(K), (F), (G), (Q) (W) = all stocks and ETF’s making money, covers all COVID resistant sectors
(TCEHY) Tencent No options but stock consistent and making money. Current price $67.56, up 256% over past 5 years. Was cool reviewing what this company holds value in. Tencent, which is already the world's largest games company in revenue terms, owns “League of Legends” developer Riot Games, an 84% stake in Supercell (“Clash of Clans”), 80% of New Zealand's Grinding Gear Games (“Path of Exile”), 40% of Epic Games, 14.5% of Glu Mobile, 11.5% of Bluehole, and 5% stakes in Activision…. https://variety.com/2020/biz/asia/tencent-games-company-acquisitions-1234624022/
Also my current watchlist: SPY, Bonds, GLD, Dollar, Crude Oil HD, WMT, DIS, BABA, BIDU, ROKU NVDA, AMD, INTC, BA, FDX, WYNN & Airlines AAPL, FB, MSFT BAC, JPM, WFC, SCHW MCD, SBUX BYND, UNH, & Vaccine Stocks (INO, NVAX, MRNA,) _ Watching all Earnings Above & NGN CURRENCY & Other Currencies
Update: 7/26 One week later....
NIO- up $1 from last week, had a dip but was bought (0/1 on plays, said put)
HTBX- Down .30 cents for the week, however Volume continues to be there. Look for a break out. (0/2 so far...said buy and flip)
TOPS- Down .004 cents for the week, has potential and Volume still there. Look for more break out. (0/3.....said buy and flip)
TWTR- Up $1.00 from last week, new price target set around $40. (1/4, finally got one right!)
iBIO- Down 0.11 cents from last week, broke out above but sold off (1/5, said buy and flip)
TCEHY- Up 0.73 cents for the week. Peaked several times but rough week. Great ETF (2/6 on plays, long call or hold shares)