Tag: CONN

MDGS News, Big Options Gainers

More Sweet Options Success:

We’ve got another big time update on options gainers this morning. Not only did we hit on all three of our ideas from yesterday morning’s premarket report, but our longer-term idea in SPCE began to create some solid profit opportunities.

For yesterday’s premarket report our fresh ideas were the NTES Weekly $90-93 Calls, the ZM Weekly $310-300 Puts, and the SLQT 09/17 $7.50-10 Calls. Our specific targets in the SPCE chain from Monday’s report were the SPCE 10/01 $27-29 Calls.

Here are the ranges and total possible gains on all of those plays yesterday:

NTES Weekly $90-93 Calls
$90: 3.40-7.70 (+126%)
$91: 3.23-6.70 (+107%)
$92: 2.75-5.35 (+94%)
$93: 2.05-4.24 (+106%)
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ZM Weekly $310-300 Puts
$310: 17.00-23.52 (+38%)
$305: 12.00-19.56 (+63%)
$300: 9.05-15.90 (+76%)
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SLQT 09/17 $7.50-10 Calls
$7.50: 1.80-2.35 (+31%)
$10: .40-.60 (+50%)
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SPCE 10/01 $27-29 Calls
$27: 1.44-2.96 (+105%)
$28: 1.17-2.51 (+114%)
$29: .96-2.12 (+121%)

Fresh Options Ideas:
CONN 09/17 $25-27 Calls
AMBA Weekly $112-115 Calls
PLAN 09/17 $65-75 Calls

Medigus Ltd. MDGS – News Alert:

More news from MDGS hit the wires this morning, and we’re passing it along to you. For those who may have missed out, check out our MDGS Special Report from last week.

Today, the company has announced that one of its interests, Gix Media, is set to acquire a 70% stake in Cortex Group, a media tech firm, for roughly $11M.

OMER, Israel, Aug. 31, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that its affiliate Gix Internet (36.74% on a fully diluted bases) (TASE: GIX), a global marketing technology (MarTech) solutions company for online performance-based-marketing, announced that Gix Internet’s subsidiary, Gix Media signed a definitive agreement for the purchase of 70% at Cortex Group, an innovative media-tech company that has developed expertise in turning original content into a profit center through user traffic acquisition.(>>View Full PR)

Extended Watchlist:
RGBP, CYBL, ENZC, DXLG, TGGI, MTRT 

Bottom Plays for the New Year

Conn’s Inc. CONN – Potential Bottom-Play

We hope everyone enjoyed their day off yesterday. We expect a very subdued finish to this holiday shortened week, if history is any indicator, we’ve got just a brief idea to submit this morning. It’s a longer-term recovery play, so if you’re not getting around to reading this report right away, no big deal, We’re going to be tracking this one for awhile.

The CONN chart shows the heavily oversold stock currently sitting at a firmly established bottom with a large gap on the chart to the upside. This is the precise setup we’re always looking out for, and we are going to place the CONN 04/17 $13-16 Calls on watch along with the stock itself into the New Year.
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Other Possible Bottom-Bounce Candidates:
AKRX, SIEB, MITO

Extended Watchlist:
OWCP, VBIV, PRVB, TCCO

Midweek Options Review & More

Midweek Options Review 

We offered up a buffet of options choices yesterday, and two of our ideas panned out immediately, with our longer-term idea still needing some time to mature.

The ones that worked out without delay were the designated ideas from the DBI and CONN chains. They were the DBI 12/20 $17.50-15 Puts and the CONN 12/20 $17-15 Puts.  Both of those were bearish signals on puts, and both yielded solid intraday results, good for opportunities to score the following daily gains:

Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
$17.50 Puts – Range: 2.60-3.71 – Max Gain: 43%
$15 Puts – Range: .60-1.36 – Max Gain: 127%

Conn’s Inc. CONN 12/20 $17-15 Puts
$17 Puts – Range: 2.00-3.30 – Max Gain: 43%
$16 Puts – Range: 1.45-1.92 – Max Gain: 32%
$15 Puts – Range: .70-1.60 – Max Gain: 129%
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Fresh Ideas
HOME 03/20 $5.00-7.00 Calls
CHWY Weekly $25.50-26 Calls
PLCE Weekly $61-59 Puts 

Extended Watchlist: 
NVUS, TYHT, KNSA, CNST, BDSI, XBIT, QFIN