Month: March 2020

Coronavirus Watchlist & More

Todos Medical, Ltd. TOMDF

The see-saw of market volatility persists with no end in sight. Traditional investing has become a fool’s errand in many, if not most, cases. The kind of opportunistic short term trading that we do is relatively intact, with the right targets and scenarios.

In this case, we caught TOMDF’s coronavirus news in the premarket yesterday, stating that the company had secured distribution agreements for testing kits in both the US and Isreal. After including it in our extended watchlist, the stock managed a very nice intraday gain. It traded up from a low of  0413, and reached a high of .08, which works out to an intraday upswing of 94%

Coronavirus Watchlist

While we do focus primarily on quick strike opportunities, it’s also worth it to mention a few plays that represent products and services that are high demand at the present time due to the fallout from COVID-19. If the report from the UK’s highly respected Imperial College is accurate, this global health crisis is only in its beginning stages, and will get much, much worse in the months ahead.

While neither these, nor any other plays are “corona-proof”, the effects may weigh less heavily on these stocks and those like them:

CPB, APRN, CLX, GIS, PG

Extended Watchlist:
MATN, ZOOM, DECN, PCTL, NBDR, IPIX, GNPX, GNBT

TGT Update, Fresh Options Idea

Target Corp. TGT

Just as we mentioned yesterday morning to start off the week, it was on Thursday morning that we signaled our interest in tracking some TGT Puts. They hadn’t quite heated up yet by the end of last week, but we urged readers yesterday to pay close attention, as the gains seemed imminent.

We were correct in that assumption, as the markets once again set a new record for worst daily losses in history. That helped propel the massive range of contracts we signaled, the TGT 04/03 $98-90 Puts, to double-bag gain status and beyond, exactly as we predicted.

Here are the trading ranges on those contracts since we’ve had them on our radar:

TGT 04/03 $98-90 Puts
$98: 3.37-6.92 (+105%)
$97: 2.90-6.60 (+128%)
$96: 2.73-6.00 (+120%)
$95: 2.21-5.95 (+169%)
$94: 2.54-5.50 (+117%)
$93: 1.99-5.05 (+154%)
$92: 2.44-4.50 (+84%)
$91: 2.00-4.25 (+113%)
$90: 1.47-3.80 (+156%)

Transdigm Group, Inc TDG

We would like to put together a set of call contracts to watch in the TDG chain. It’s no surprise that the stock is at a bottom at present, but what is remarkable is the amount of insider buying that has taken place in the last week, to the tune of roughly $180M.

That typically signals an insider’s confidence that the stock will not fall much further. We are going to put the TDG 05/15 $350-370 Calls on watch to track in the weeks ahead.

Extended Watchlist:
CODX, AYTU, IBIO, MBRX, APT, SPCE, TOMDF

Friday’s 40,000% Gainer

Incredible Options Gains

Even as markets around the globe struggle with the unprecedented effects of the novel coronavirus, chances for ridiculously large profits have been available to short-term traders. On Friday, we submitted some options ideas in our premarket report, and among them came the top gaining idea we have ever produced in our entire recorded history. All in one session.

We signaled interest in the AVGO Weekly $220-230 Calls and the ADBE Weekly $295-305 Calls, and saw some eye popping gains, including an unbelievable 40,000% runner!

AVGO Weekly $220-230 Calls
$220: .03-12.40 (+41233%)
$225: .01-4.30 (+42900%)
$230: .02-2.00 (+9900%)
_____

ADBE Weekly $295-305 Calls 
$281: 22.00-40.09 (+82%)
$280: 4.00-21.00 (+425%)
$279: 1.64-15.00 (+876%)

Target Corp. TGT – Update 

On Thursday morning we signaled a range of extended-term TGT ideas, the TGT 04/03 $98-90 Puts. In addition to current market conditions, the stock was exhibiting a gap to the low-side, and undergoing insider sales. It has created a perfect storm for shorts, and with the way things are going, the rewards should be there for the reaping this week.

We just wanted to remind everyone to watch these plays closely in the next few sessions, as we still expect to see significant gains from these ideas.

Extended Watchlist:
AYTU, KAVL, ZAAG, MRNA, NVNT, OCUL, INO