VYST Recap, Fresh Targets

Sintx Technologies, Inc. SINT

With the earnings calendar for today essentially empty, we have to switch tactics and search out some other type of opportunities to kick off this fresh trading week. Catching our eye early on this morning has been SINT.

The company recently reported success against the coronavirus in a controlled study of its special silicon nitride powder. This morning, the stock is gapping up in a big way, so we’re going to attempt to use this volatility to seek out swing trade opportunities with SINT.

SALT LAKE CITY, UT, June 20, 2020 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (“SINTX” or the “Company”), an original equipment manufacturer (OEM) ceramics company focused on silicon nitride and its applications, today announced that in a controlled laboratory study, the SARS-CoV-2 virus was inactivated when exposed to SINTX’s sintered silicon nitride powder. The Company expects to share additional data soon (>> View Full PR)


Varex Imaging Corp. VREX

We want to also put VREX on an extended term watch today. The stock has been beaten up severely in recent months, and is just coming off of new annual lows last week. Not only that, but there re a couple of topside gaps on the chart that need filling.

We’re going to use the options chain and signal a couple of sets of ideas. One that expires next month, and one that stretches the playing field out to November. We’re going to highlight the VREX 07/17 $15-17.50 Calls and the 11/20 $20 Calls for observation in the weeks and months ahead.


Vystar Corp. VYST

We had signaled VYST in Thursday and Friday’s premarket reports, and we are pleased to report that the stock produced a healthy two-day swing over that stretch. From Thursday’s low of .0134, VYST hit .0325 on Friday. That works out to a two session increase of 143% which occurred on volume of nearly 150 million shares!

Based off of the fact that the stock closed near its high on that increased volume, we’re going to look for a possible continuation of momentum into this week.


Extended Watchlist:
GFTX, MMMM, CXCQ, SKDI, BYFC, LCDX, BYZN, MRGE

Big Gainers to Report

Solid Options Plays 

More often than not, when we signal groups of calls or puts, we see success with our ideas. In the case of yesterday morning’s premarket report, we signaled one set of each, and saw instant returns on both.

Our targets were WDAY Weekly $172.50-177.50 Calls & HPQ Weekly $17-16 Puts, with each range containing three sets of contracts. All six ran considerably, with five out of the six logging double-bag gains or better! here were the total possible gains to which our readers had access:

WDAY Weekly $172.50-177.50 Calls  
$172.50: 6.83-14.48 (+64%)
$175: 4.70-11.95 (+93%)
$177.50: 3.90-9.54 (+93%)
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HPQ Weekly $17-16 Puts
$17: 
1.27-2.13 (+203%)
$16.50: .76-1.56 (+238%)
$16: .44-2.61 (+93%)
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Fresh Ideas*: 
DELL Weekly $46-49 Calls
BIG 06/19 $40-45 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 


Stock Recaps 

 We’ve also seen some nice gains on the stock side of things this week, and yesterday brought more success on that front as well.

Indoor Harvest Corp. INQD – We tagged INQD in yesterday’s extended watchlist, and this subpenny OTC play posted a modest but respectable move from .0046-.007, marking an intraday gain of 52%

Party City Holdco Inc. PRTY – We have to go back a few weeks to our report on the morning of May 4th to find our initial alert on PRTY. Since then we’ve seen the stock trading for as little as .43. It has been climbing steadily over the past several sessions, reaching a new high of 2.10 yesterday. That works out to an overall increase of 388%

Brewbilt MFG Inc. BBRW – We also saw BBRW make a big run from .03-.0899 for a 199% gain!


Extended Watchlist:
ZEST, ENGH, BYZN, TRNX

Looking for a Big Start to the Week

The Clorox Co. CLX – Recap

Our sole fresh options trading idea on Friday was in the CLX chain and came on the heels of the company’s earnings drop. Bleach definitely has a big role to play during the coronavirus pandemic based on a need to keep surfaces as disinfected as possible, making this a high synergy play.

The single-session gains our idea produced during Friday’s session are certainly indicative of that, with huge multi-bag rips across the board:

CLX Weekly $190-195 Calls
$190: .90-7.50 (+733%)
$192.50:  .63-5.69 (+801%)
$195: .41-3.33 (+712%)
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SPDR S&P500 (ETF) SPY – Recap

We also have the final highs and total ranges on the group of SPY Puts that we signaled in Thursday morning’s premarket report. Those also turned out to be a great success, with two-day moves which also reached multi-bag status.

SPY 05/04 $291-288 Puts
$291: 2.49-9.50 (+282%)
$290:  2.14-8.60 (+305%)
$289: 1.84-7.75 (+321%)
$288: 1.54-7.00 (+355%)


Fresh Options Ideas:
BUD 09/18 $45-55 Calls
STZ 07/17 $170-180 Calls
CGC Weekly $16-16.50 Calls
TLRY Weekly $7-7.50 Calls
TSN Weekly $57-55 Puts 


Extended Watchlist:
TGHI, GMEV, BYZN, WARM, RTTR, APDN, NNVC, YGYI, OGEN, PRTY