Monday Options Recap:
We started off the week in grand fashion yesterday morning, including fresh options ideas from both the SPACE and PTON chains in our premarket report.
We were tracking the SPCE Weekly $24-25.50 Calls. the PTON Weekly $101-103 Calls, and the PTON 06/11 $105-107 Calls. Those longer-term PTON calls did make respectable daily moves as well, but we’re going to focus on the weekly quick-strike plays this morning.
Here are the intraday trading ranges and total possible gains for our tracked plays:
SPCE Weekly $24-25.50 Calls
$24: 1.31-4.12 (+215%)
$24.50: 1.05-3.65 (+247%)
$25: .96-3.40 (+254%)
$25.50: .83-3.05 (+267%)
PTON Weekly $101-103 Calls
$101: 1.30-3.00 (+131%)
$102: 1.00-2.50 (+150%)
$103: .76-2.05 (+170%)
Fresh Options Ideas:
CBRL Weekly $155-165 Calls
Majic Wheels Corp. MJWL – Recap:
We also want to highlight the recent performance of MJWL, which we initially began following with our tag of the stock in our report on the morning of May 13th.The low following that report was .0094.
We also included MJWL in yesterday morning’s extended watchlist, and the stock traded in a daily range from .0391 to an impressive new high of .0739. That marks a total possible intraday gain of 89%, and for anyone who got in after our initial alert from two weeks ago, the potential gain as of yesterday high stands at a whopping 686%
BFARF, PDGO, FBCD, EEGI, TONR ATIG, TGGI, APYP, NUUU, RSHN, RBNW