Options Rehash & Fresh Ideas, News Update

Options Recaps:

We’ve got a lot to talk about today, but the first thing we want to do is to circle back to where we left off with the options ideas we included in Tuesday morning’s premarket report. We had signaled a pair of ideas in the ONON and CSIQ chains that performed really well, and continued to track some longer-term calls in MDT which posted some new highs for us.

Those targets were the ONON 04/21 $25-27.50 Calls, the CSIQ Weekly $38-39 Calls, and the MDT 04/21 $80-82.50 Calls, and here is the rundown of the excellent activity we observed over the past two sessions, including a thousand percent gainer!

ONON 04/21 $25-27.50 Calls
$25:
 .56-4.70 (+739%)
$27.50: .25-2.85 (+1040%)
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CSIQ Weekly $38-39 Calls

$38: .66-3.90 (+490%)
$39: .40-3.00 (+650%)
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MDT 04/21 $80-82.50 Calls
$80:
 1.23-3.00 (+144%)
$82.50: .53-1.63 (+208%)


Fresh Options Ideas:
CHWY Weekly $37.50-36.50 Puts
ACN Weekly $262.50-265 Calls
GIS 04/21 $82.50 Calls



Principal Solar, Inc.(OTCMKTS:PSWW) – News Update:

We also want to revisit PSWW, which was the focus of our special report yesterday morning. (>>Read Yesterday’s Report) Today, the company has put out a new shareholder letter from Chairman and CEO Bryce Toussaint outlining its interests in the Class 6 and Class 8 heavy electric vehicle market, as well as the traditional energy sector.

This is included a renewed commitment by the company to push forward with its primary objectives, as well as moving on from investments and connections that don’t fit its updated vision for the future. We would suggest anyone who caught our report yesterday also take a minute to check out today’s update. (>>Read PR via Accesswire)
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You can also learn more about PSWW and its current projects at www.pswwenergy.com


Options Review, New Ideas & More

Winnebago Calls Run Quickly: 

In yesterday’s report, we went with a selection of July calls in what we would consider ‘longer-term’ ideas. For quick-strike plays we would typically look for contracts that expired at the end of the week. Out of those, the Winnebago calls produced instant results. We’ll continue to monitor these, along with the other potential plays we mentioned yesterday, over the next few weeks before they expire. Today’s fresh ideas will also include several July calls.

The specific targets that took off immediately during yesterday’s session were the  WGO 07/15 $45-50 Calls
and the moves they made were as follows:

WGO 07/15 $45-50 Calls
$45: 
3.00-5.45 (+82%)
$50: .95-2.46 (+159%)


Fresh Options Ideas:
ACN Weekly $277.50-272.50 Puts
DRI 07/15 $120-125 Calls
KBH 07/15 $27-28 Calls
APOG 07/15 $40-45 Calls


Southern Home Medical, Inc. SHOM – Recap:

Another item from our watchlist that has recently made a solid run as well, is SHOM. We flagged this OTC stock on
Tuesday morning
, and it ran to new highs yesterday. Following our mention of this play, it traded up from a low of .0008 to .0025, which marks a two-day swing of 212%


Extended Watchlist: 
CMGR, VYGVF, TXTM, GEGI, DVLP, VRUS, GOFF, AHFD, RDHL, BOXD, BHAT, SMFL, 

Another Golden Trading Week on the Books

JBL, ACN Options Gainers:

Here we are at the end of another trading week, and we’re pleased to say we’re taking it out on a high note for our Friday report this morning! We had some excellent multibag-level success with yesterday morning’s freshly generated options targets.

We were tracking the JBL Weekly $60-65 Calls, and the ACN Weekly $405-415 Calls, and witnessed some really nice intraday gain opportunities for both. Here are the total gains that could have banked off of those plays on the day:

JBL Weekly $60-65 Calls
$60:
 3.90-6.50 (+67%)
$65: .70-2.08 (+197%)
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ACN Weekly $405-415 Calls
$405: 4.91-10.49 (+114%)
$410: 2.47-7.49 (+203%)
$415: 1.28-5.02 (+292%)


Fresh Options Ideas*:
DRI Weekly $145-140 Puts
WGO Weekly $70 Calls
FDX Weekly $247.50-252.50 Calls

*Please don’t trade weekly options on a Friday unless you’re an experienced trader with access to disposable funds


Engage Mobility, Inc. ENGA – Review:

Switching gears over to the stock side of things, we have been tracking this OTC play for a little over a month, and the move it made is most definitely noteworthy.

ENGA began appearing in our extended watchlists last month on November 9th, and subsequent to that, was trading for as little as .131. This week, the stock shot out of a cannon and climbed as high as 2.55, which works out to a mega-increase of 1847%


Extended Watchlist:
AXXA, ARGQ, BLFE, MWWC, BUDZ, ADGI, SPRB, GNFT, EPAY