CNGT Recap, Fresh Options

Cannagistics, Inc. CNGT – Recao 

We have been tracking CNGT for a couple of weeks now, first mentioning the stock in our report from the morning of October 20th, and including it in our watchlist once again to kick off the week yesterday morning.

CNGT was trading for as little as .0045 following our initial alert. Yesterday the stock reached an impressive new high of .0295, marking an overall increase of 555% in a span of just ten trading days. Even those of our readers who only caught our premarket tag of CNGT yesterday morning, still witnessed an intraday run from .0185 to .0295, for gains of up to 59%



Options Review

As usual, we signaled some fresh options ideas in our report yesterday morning, and we got some nice activity out of the CLX Weekly $207.50-212.50 Calls and the NIO Weekly $32-34 Calls.

Here were the total possible gains on the day from those targets:

CLX Weekly $207.50-212.50 Calls
$207.50
: 7.29-13.99 (+92%)
$210: 5.72-12.00 (+110%)
$212.50: 4.40-9.80 (+123%)
_____

NIO Weekly $32-34 Calls
$32: 1.52-2.43 (+60%)
$33: 1.14-1.87 (+64%)
$34: 1.31-2.79 (+113%)
_____

Fresh Ideas:
CGC Weekly $20.50-21.50 Calls
SPY 11/04 $332-334 Calls 

RACE Weekly $187.50-192.50 Calls


Extended Watchlist:
ZVTK, INNO, NPHC, GCAN

Recapping Friday’s Winners, Fresh Ideas

Reviewing Friday’s Plays 

Another day, another solid bunch of plays, as our ideas from Friday morning continued what was already a pretty incredible run for options ideas on the week. We set up pins and then we knock them down!

Our big winners from Friday came out of the ABBV Weekly $81-82.50 Calls, the AAPL Weekly $113-111 Puts and the SPY Weekly $327-328 Calls. Here’s a rundown of the total possible intraday gains that were on the table for us:

ABBV Weekly $81-82.50 Calls
$81: 2.41-4.04 (+68%)
$82: 1.51-4.06 (+169%)
$82.50: 1.49-3.50 (+135%)
_____

AAPL Weekly $113-111 Puts
$113: 1.22-5.55 (+355%)
$112: .96-4.25 (+343%)
$111: .75-3.25 (+333%)
_____

SPY Weekly $327-328 Calls
$327: .44-1.18 (+168%)
$328: .31-.76 (+145%)


Fresh Options Ideas: 
CLX Weekly $207.50-212.50 Calls
EL Weekly $210-230 Calls
NIO Weekly $32-34 Calls


Extended Watchlist:
ENZC, EVIO, TWOH, CNGT

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%)
_____

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