Options Review, Four Fresh Ideas

Options Review: 

This morning we’re going to start off by going over the options plays that worked out for us yesterday. We were tracking ideas in the TLRY and SPY chains that produced moderate, and excellent gains, respectively.

We were going after the TLRY Weekly $7-7.50 Calls, and the SPY 04/06 $448-446 Puts. and those plays did manage to record solid performances on the day as the markets were depressed on the session. While the Tllray calls only managed small moves, the SPY Puts exploded for huge multibsag runs.

TLRY Weekly $7-7.50 Calls
$7:
 1.06-1.45 (+37%)
$7.50: .80-1.18 (+48%)
_____

SPY 04/06 $448-446 Puts
$448: .55-2.80 (+409%)
$447: .27-1.91 (+607%)
$446: .14-1.20 (+757%)


Fresh Options Ideas:
CRMT 09/16 $75-85 Calls
CAG 04/08 $35-33 Puts
STZ 04/08 $237.50-232.50 Puts
LW 04/15 $60 Calls


Icon Media Holdings Inc. ICNM – OTC Recap:

To quickly update on the performance of an OTC stock we’ve been tracking in recent weeks, ICNM moved the needle yesterday as it ran from .0013 to .,0023 on the day.

That works out to an upswing of 77% and warrants further observation of the stock as it presses into blue skies.


Extended Watchlist: 
PRCX, NHLE, AWSI, RSHN, CGAC, SLDX, MNTS, HTGM, ERYP, MDVL, 

TWTR Targets Moving, Fresh Plays & More

Twitter, Inc. TWTR – Options Recap: 

In terms of options plays for yesterday’s trading session, it was all about TWTR in our premarket report. Not only were we still tracking our initial idea from Monday’s premarket report, the TWTR Weekly $44-45.50 Calls, but we also rolled up our strike area to include the TWTR Weekly $50-52 Calls. 

So what we have for you this morning is both a recap of the two-day swing made by our first set of TWTR calls, as well as the single-session performance of yesterday’s updated targets. We got some nice figures across the board, which is a big help during this current earnings drought. We will continue to do our best to hash out ideas until the flow of earnings increases once again (the week of the 18th) and we can return to our bread and butter as the main course.

TWTR Weekly $44-45.50 Calls 
$44: 3.75-10.15 (+171%)
$44.50: 3.60-9.65 (+93%)
0$45: 3.05-9.50 (+211%)
$45.50: 2.77-9.00 (+224%)
_____

$50: 2.69-4.03 (+50%)
$51: 2.19-3.35 (+53%)
$52: 1.75-2.82 (+61%)


Fresh Options Ideas: 
TLRY Weekly $7-7.50 Calls
GBX Weekly $45-50 Calls
SPY 04/06 $448-446 Puts*

*Please do not attempt to trade options contracts on their day of expiration unless you are an experienced trader with access to disposable funds.


Puget Technologies Inc. PUGE – Recap: 

Just to provide a brief recap on PUGE, which appeared in yesterday morning’s extended watchlist, and produced a solid intraday run. The stock ran from a low of .0023 and reached a high of .004 on the day, marking a total upswing of 74%


Extended Watchlist: 
BSTO, CYAP, FOMC, GAHC, PJET, MOBQ, IVDA, BBAI, GHSI, CTXR

TWTR Runner, OTC Recap & More

Twitter, Inc. TWTR – Options Recap: 

Our lone quick-strike options idea from yesterday morning’s premarket report was in the Twitter chain. We are heading into a dry period for major earnings reporters over the next couple of weeks, and so the TWTR Weekly $44-45.50 Calls were our main focus yesterday.

We got good results there, and with the stock gapping up once again this morning, we’re going to not only expect further gains from those contract sets, but we’re also going to roll up our potential strike area to include the TWTR Weekly $50-52 Calls.

Here were  the total possible gains on the table for yesterday’s ideas:

TWTR Weekly $44-45.50 Calls
$44: 3.75-7.45 (+99%)
$44.50: 3.60-7.00 (+94%)
$45: 3.05-6.80 (+123%)
$45.50: 2.77-6.30 (+127%)


Kona Gold Beverages, Inc. KGKG – Recap:

We’ve also been tracking KGKG of late, with the stock having first begun appear in our reports just a little under a month ago. Subsequent to those alerts we would observe a low of .0051, and this week the stock has continued to press to new highs. Yesterday, following another reminder in our daily extended watchlist, it reached .012, which represents an overall upswing of 135%

For anyone who may have only caught our alert in yesterday morning’s report, gains of up to 40% were still on the table during its intraday run from a daily low of .0086.


Extended Watchlist: 
PUGE, VYGVF, BNOW, LEAS, IGEX, INTK, SBFM, ATER, RCON, ANY, SSET, BLLB