Tag: CHWY

Major Options Movers, New Ideas

Options Recaps:

We got things right back on track with regard to the options ideas that we formulated for yesterday morning’s premarket report. We put forth a group of three earnings plays and the activity we subsequently observed was nothing to sneeze at, with all three returning opportunities for multibag intraday gains. That included a really nice 950 percenter!

Our specific areas of interest for the session were the CHWY Weekly $37.50-36.50 Puts, the ACN Weekly $262.50-265 Calls, and the GIS 04/21 $82.50 Calls, which provided the following moves and intraday profit chances, as well as more incredible new highs in the ONON 04/21 $25-27.50 Calls we’ve been tracking since Tuesday:

CHWY Weekly $37.50-36.50 Puts
$37.50: 1.43-3.55 (+148%)
$37: 1.11-3.05 (+174%)
$36.50: .90-2.56 (+184%)
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ACN Weekly $262.50-265 Calls
$262.50: 2.10-11.85 (+464%)
$265: .85-9.00 (+959%)
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GIS 04/21 $82.50 Calls
$82.50: .50-2.10 (+320%)
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ONON 04/21 $25-27.50 Calls
$25: .56-7.10 (+1167%)
$27.50: .25-4.99 (+1896%)

Fresh Options Ideas:
CPRI 04/21 $47.50 Calls
SPY 03/24 $392-391 Puts

Extended Watchlist:
BDPT, VNTH, ASAP, BRDS, DRMA, TRKA, 

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

Massive CHWY Options Gains, Fresh Ideas & More

Earnings Reporters Put Up Big Gains:

Our earnings related options ideas for the day panned out well for us yesterday, with some help from another fully bullish session for the markets at large. Stocks surged all day, and well-received earnings reports from our target companies did the rest.

We were zeroed in on the CHWY Weekly $26.50-28 Calls and the PSTG Weekly $25-26 Calls, with a much longer term idea with an August expiration in the Energizer chain, which we’ll circle back to in a future report.  Our quick-strike plays yielded some very nice opportunities for quick intraday profits, and those were as follows:

CHWY Weekly $26.50-28 Calls
$26.50: .72-3.00 (+317%)
$27: .56-2.51 (+348%)
$27.50: .44-2.15 (+389%)
$28: .30-1.82 (+507%)
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PSTG Weekly $25-26 Calls
$25: 1.95-4.30 (+121%)
$26: 1.45-3.60 (+148%)

Fresh Options Ideas:
LULU Weekly $300-307.50 Calls*
OKTA Weekly $106-108 Calls*
ASAN 06/17 $22.50 Puts

*Trading options contracts on their day of expiration is a high risk/high reward proposition which should only be attempted by experienced traders

Ggtoor, Inc. (OTCMKTS:GTOR) – Recap:

GGTOOR was a company that we profiled a few months back, citing the high potential of tournament gaming, the space in which the company operates. GTOR recently announced the signing of a deal that is potentially very lucrative, and as a result the price has gone through the roof. It will be “building” an entire virtual city complete with its own economy in the metaverse, with parcels selling for cryptocurrency.

Following our reports on GTOR the stock was trading for as little as ,012, and this week it has soared to a new high of .074. That works out to an increase of over 500% It will be interesting for us to see how much of those gains the stock can maintain and possibly add onto as it develops its new metaverse-based project, GGTOORCITY.

Extended Watchlist:
MGLD, EFOI, TCRT, AMLX, SOPA, TPTX, WSFT, AFIIQ, AERG, VRLL, MAXD