Good Start to the Week, 5-Pack of Ideas

Solid Moves Monday:

We got the week off to a fairly good start yesterday morning, signaling a series of four potential options trading targets. Three of those produced instant results for us, and posted some good figures on the day. We’re still getting along, even as the big name earnings reports that are typically our bread and butter, have been few and far between. A look at the extended earnings calendar suggests that the next major earnings period will begin ramping up in the last week of October, so we’re less than three weeks away from much more exciting times.

In the meantime, our three runners from yesterday morning’s report, the the and the held us over pretty well for Monday, and we have a solid slate for today as well. Here’s how those figures broke down for yesterday:

NVDA Weekly $437.50-440 Calls
$437.50:
 9.10-17.15 (+88%)
$440: 7.90-15.27 (+93%)
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COIN Weekly $77-79 Calls
$77:
 1.49-1.96 (+32%)
$78: 1.08-1.52 (+41%)
$79: .80-1.17 (+136%)
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RIVN Weekly $25-23 Puts
$25: .94-1.82 (+94%)
$24.50: .69-1.46 (+112%)
$24: .48-1.13 (+135%)
$23.50: .32-.86 (+169%)
$23: .20-.61 (+105%)


Fresh Options Ideas:
MKC 10/20 $75-70 Puts
STT 10/20 $65-67.50 Calls
ABNB Weekly $135-133 Puts
NVDA Weekly $45-447.50 Calls
SOXL Weekly $19.50-18.50 Puts 


Extended Watchlist:
ALXO, MKUL, VQS, ICU, AGIL, RDHL, LIFW, OCEA

Starting Off the Week on a Good Foot

Friday’s Options Recaps 

We’re kicking off this new trading week in typical fashion by highlighting the performance of the fresh options ideas we put forth in Friday morning’s premarket report. Our pair of targets that were set to expire on the day were clear cut runners- specifically the FDX Weekly $275-280 Calls and the MP Weekly $40 Calls.

In both cases, Friday’s session brought major moves in the stocks themselves, which facilitated some incredible intraday gain possibilities for ourselves and our subscribers. Those fantastic multi-bag runs were as follows: 

FDX Weekly $275-280 Calls
$275: 2.90-7.93 (+173%)
$277.50: 1.58-5.61 (+255%)
$280: .72-3.64 (+405%)
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MP Weekly $40 Calls
$40: 
.75-6.00 (+700%)
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Fresh Options Idea:
SPY 03/22 $389-390 Calls


New World Gold Corp. NWGC – Recap

We’ve got to swing back around to NWGC as well, a stock which we alerted back on March 4th, subsequent to which it saw shares change hands for as little .002.

This month has brought mostly positive progress for NWGC, which on Friday broke in Pennyland and set a new high of .0119. That works out to a 3-week run of 495%


Bottom Watch Plays: 

We took notice of some of last week’s biggest losers, with ALX Oncology Holdings, Inc. ALXO and Nurix Therapeutics, Inc. NRIX which both fell off of a cliff on Thursday and Friday.

Whenever we notice massive selloffs like this, we begin to wonder at what point the consolidation becomes untenable. That’s when we place stocks on bottom watch and monitor them for potential reversals, because the volatility from such situations often brings us exactly the type of quick strike opportunities we’re after. Stay tuned for the possibility of specific targets on these plays in the days ahead.


Extended Watchlist:
TGGI, MRPI, SSOK, AURI, JAMN, BLUU, KALY, NSPT