A Winning Wednesday, 4 New Targets

Hot Streak Continues Wednesday:

We had another really solid outing on Wednesday, continuing a run of excellent options ideas for the week. We had a triplet of potential plays in our premarket report for the day, and all of them turned in some fairly impressive performances on the day. Especially our target in the SPY, which went on a really nice intraday tear immediately following the fed meeting, and into the close.

Those ideas we were tracking were the SPY 12/13 $465 Calls, the ABM Weekly $45 Calls, and the AMD Weekly $137-139 Calls, and here are the intraday runs they logged:

SPY 12/13 $465 Calls
$465:
 .90-5.83 (+548%)

ABM Weekly $45 Calls
$45: 2.90-7.30 (+152%)

AMD Weekly $137-139 Calls
$137: 2.20-3.90 (+77%)
$138: 1.74-3.10 (+78%)
$139: 1.02-1.95 (+91%)


Fresh Options Ideas:
ADBE Weekly $590-600 Calls
JBL Weekly $120 Calls
MTDR 01/19 $55-60 Calls
SPY 12/14 $472-473 Calls*

*Only experienced traders should attempt to trade options contracts on their day of expiration


Star Alliance International Corp. STAL – Update:

We’ve recently been tracking STAL closely, and on Monday morning we mentioned that we would want to see STAL hold support in the .004-.005 range to continue to hold our interest. It did just that, maintaining support at a low of .0045 on Tuesday, and running back to .0085 yesterday. That worked out to a two-day swing of 89%
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C4 Therapeutics, Inc. – Recap:

 Another stock that we flagged in yesterday’s extended watchlist was CCCC, which posted an impressive intraday run on the heels of some positive phase 1 trial data, and news of an exclusive licensing agreement with pharma giant MRK. We saw a single session rip from 3.16-6.03 out of this stock, which represents a 91% upswing.


Extended Watchlist:
FRGT, SVMH, HRYU, ESPR, XBP, CNXA, NTMFF, PPCB, CYBL, BEGI

A Terrific Tuesday, New Potential Ideas

Tuesday’s Runners Recap:

We were able to sustain the winning ways in which we kicked off this trading week, with our premarket report yesterday morning. We ventured a trio of possible plays in our newsletters and were pleased to see multibag moves out of each and every one of them. We’re pleased to be back in top form, even without many daily earnings reporters.

Our winning targets for the session were the SPY 12/12 $462-463 Calls, the ORCL Weekly $106-104 Puts, and the JCI Weekly $57.50-55 Puts. Here are the excellent intraday runs and total possible gains that they provided for us:

SPY 12/12 $462-463 Calls
$462:
 .42-2.46 (+486%)
$463: .20-1.43 (+615%)
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ORCL Weekly $106-104 Puts
$106: 2.15-5.41 (+152%)
$105: 1.43-4.40 (+208%)
$104: 1.01-3.50 (+246%)
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JCI Weekly $57.50-55 Puts
$57.50: 2.65-5.33 (+101%)
$55: 1.03-3.06 (+197%)


Fresh Options Ideas:
SPY 12/13 $465 Calls*
ABM Weekly $45 Calls
AMD Weekly $137-139 Calls

*Only experienced traders should attempt to trade options contracts on their day of expiration


Extended Watchlist:
CCCC, STTK, EVFM, ABQQ, CRCW, SHMP, LBSR, MONI, STAL

Bottom-Watch Signal & More

The Cato Corp. CATO

With the coronavirus pandemic still raging, we’ve been forced to move away from our traditional technical-based trading methods and become more opportunistic. In the case of CATO, however, we have an interesting opportunity with the stock being pressed down to its lowest prices in over a decade, just yesterday.

We are always looking for stocks that are searching out new lows, and will observe carefully in the days and weeks ahead as CATO establishes its own bottom. The company announced at the beginning of last month that would reopen most of its stores.


ABM Industries Inc. ABM 

In yesterday’s premarket report, we signaled a pair of contract sets to put on watch in the ABM chain, and we did see some solid movement in those on the day. They were the ABM Weekly $30 & 35 Calls and both made notable increases, with an especially impressive performance coming from the $35’s.

ABM Weekly $30-35 Calls
$30: 5.00-8.60 (+72%)
$35: 1.11-4.00 (+260%)
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Fresh Ideas:
JBL Weekly $33.50-34.50 Calls*
KMX Weekly $98.50-100 Calls* 

*Please do not attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
NGCG, MRGE, DECN, VYST, UONE, UONEK, SALM, NTN

Fifteen-Bagger on the Books!

Ethema Health Corp. GRST

It was just yesterday morning that we updated readers on the incredible performance of GRST, a subpenny stock we first alerted on June 5th. From our observed low of .0002 on the play, it had banked a twelve-bagger for us!

Even as the larger markets backslid, GRST continued its major move yesterday, tacking on yet another impressive new high and extended our witnessed gains by a considerable margin. This OTC stock hit .0032 during the session, which represents a total increase for us amounting to 1500% in the space of just nine trading days!

Cheers to anyone who has been able to pocket some profits off of this big-time mover!


Fresh Options Ideas
ABM Weekly $30-35 Calls
BHVN Weekly $70-75 Calls


Extended Watchlist:
CLWD, OWCP, VYST, TLSS, TMPS

Blue Horseshoe Stocks: HAS, ABM Options & More

Hasbro Inc. HAS – Options Idea

To start things off this morning, we are looking toward the Hasbro options chain, following the company’s earnings report this morning revealed Q2 beats on sales, profits, and revs.

The stock is gapping up here in the premarket, and we’re going to want to be ready with an options idea for possible quick strike gains to kick off the week. We’re going to track the HAS Weekly $102-105 Calls, and attempt to continue to fantastic options success we have recently enjoyed.


ABM Industries, Inc. ABM

Speaking of fresh options ideas, we’re interested in ABM from a technical standpoint, and will be monitoring the activity in the ABM 08/17 $30-35 Calls.

As you can see on the following chart snapshot, we have a number of favorable indicators in play. In addition to a strong double bottom signal, and a MACD on the verge of going bullish, the stock just last week cracked and managed to hold support at its 50DMA. The RSI is also on the cusp of breaking the 50-line.

All in all, a positive move of at least a few dollars seems very possible, and would likely produce some good chances in our designated calls in that event.


Extended Watchlist:
RETA, SBBP, HCLP, CLF, RGSE,

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