Paltalk, Inc. PALT – Recap:
We want to track back slightly this morning to talk about the alerts we posted on PALT last week. We didn’t get a chance to highlight the stock’s performance in our packed Friday newsletter, so we’re going to outline the moves it made as we kick off a fresh trading week today.
Our initial flag of PALT came on Monday morning, at which time the stock was trading for as little as 4.39 a share. PALT subsequently made a dramatic run to a high of 15.20, which marks a total possible gain of 246% for anyone who was along for the ride.
Zoom Video Communications, Inc. ZM – Options Review:
We offered up exactly one quick-strike options idea on Friday morning, with the ZM Weekly $265-272.50 Calls, and we’re pleased to report that not only did those contracts post multi-bag gains on the day, but i one set even breached into thousand-percent-gainer territory on the day!
Regardless of which strike point was chosen, massive gains were there for the taking as a result of our alert. Here were those intraday moves and total possible profits:
ZM Weekly $265-272.50 Calls
$265: 1.30-6.30 (+384%)
$267.50: .63-4.00 (+534%)
$270: .25-2.10 (+740%)
$272.50: .05-.80 (+1500%)
Fresh Options Ideas:
DNLI 11/19 $50-55 Calls
SPY 10/04 $434-432 Puts*
*Please don’t trade options on their day of expiration unless you are an advanced level trader with access to disposable funds!
IFXY, PUGE, ALPP, NECA, DRNG, OPGN, XENE, JSPR, HIRU, LEAS, NHMD, NSPT