Wednesday’s Movers, 3 More New Ideas

Recap of Wednesday’s Plays:

We had just three prospective options trading ideas lined up in yesterday morning’s premarket report, with the earnings calendar being a little on the light side, but the targets we did land on did manage to post some pretty good intraday runs for the session. Today’s calendar is a bit heftier, so we’ll be expecting a little more excitement to finish out the week.

The ideas we were looking at for Wednesday were the CRWD Weekly $360-367.50 Calls, the JD Weekly $23.50-24.50 Calls, and the THO 03/15 $110-100 Puts . Here were the moves they posted on the day:

CRWD Weekly $360-367.50 Calls
$360
: .2.76-5.05 (+83%)
$362.50: 2.26-4.31 (+91%)
$365: 1.91-3.66 (+92%)
$367.50
: 1.67-3.10 (+86%)
_____

JD Weekly $23.50-24.50 Calls
$23.50
: 1.37-2.25 (+64%)
$24: 1.00-1.99 (+99%)
$24.50: .90-1.62 (+80%)
_____

THO 03/15 $110-100 Puts 

$110: 1.37-4.80 (+250%)
$105: .55-2.05 (+273%)
$100: .20-.70 (+250%)


Fresh Options Ideas:
VSCO 03/15 $17.50 Puts
CIEN 03/15 $60-55 Puts
BURL Weekly $212-217.50 Calls


Extended Watchlist:
CRCW, KGKG, CRGE, IGPK, INKW, BENF, BREA, IPA, LYT, MNMD, OMH

CBIH News Alert, 3 Fresh Options Targets

Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) – News Alert:

We have been intently monitoring CBIH, which, since our initial report on the stock on February 20th, has exhibited an 80% run from .0005-.0009. We last covered the company’s previous press release on Monday of last week, and today, another press release hit the wires regarding a large retirement of shares. We wanted to pass it along and update readers who have been following the CBIH story with us :

HOUSTON, TX–(Newsfile Corp. – March 6, 2024) – Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) announces that Dante Picazo, its chief executive officer, is contributing one billion shares of his common stock to the Company. These shares will be retired and have the status of authorized and unissued shares. As a result of this contribution, the number of the Company’s outstanding shares has been reduced to approximately 9.4 billion. (>>View Full PR)


Recapping Tuesday’s Options Picks:

We had another really positive outing on Tuesday with regard to our daily options trading ideas. We ventured only three possible plays in our premarket report, and each of them produced some notable intraday upticks. Today we have a much better slate of earnings reporters to work with, so things should continue to progress in the right direction as we head through the middle of the week.

Yesterday’s targeted plays were the AVAV 03/15 $150-155 Calls, the TGT Weekly $160-165 Calls, and the PAY 03/15 $20 Calls, and the intraday performances they recorded were as follows:

AVAV 03/15 $150-155 Calls
$150
: 5.30-21.35 (+303%)
$155: 3.50-16.45 (+370%)
_____

TGT Weekly $160-165 Calls
$160
: 6.33-10.60 (+67%)
$162.50: 4.25-8.15 (+92%)
$165: 3.20-5.95 (+86%)
_____

PAY 03/15 $20 Calls
$20
: .55-1.55 (+182%)


Fresh Options Ideas:
CRWD Weekly $360-367.50 Calls
JD Weekly $23.50-24.50 Calls
THO 03/15 $110-100 Puts 


Wednesday’s Winners, 4 New Possibilities

Another Clean Sweep:

It was another really solid day of good performances from all of our daily interests yesterday. We’re officially out of the holiday lull for earnings and the board is lighting up with potential prospects once again! We laid out four possible plays in our premarket report, got good intraday movement out of the whole lot.

We had targeted the FL Weekly $25.50-27 Calls, the WDAY Weekly $255-260 Calls, the CRWD Weekly $215-220 Calls, and the NTAP Weekly $84-86 Calls, and here was the intraday performances on each of those plays:

FL Weekly $25.50-27 Calls
$25.50:
 2.15-3.50 (+63%)
$26: 1.60-2.44 (+53%)
$26.50: .80-1.80 (+125%)
$27: .80-1.55 (+94%)
_____

WDAY Weekly $255-260 Calls
$255: 2.96-15.03 (+408%)
$257.50: 2.25-12.42 (+452%)
$260: 1.38-10.90 (+690%)
_____

CRWD Weekly $215-220 Calls
$215: 6.40-20.67 (+223%)
$217.50: 5.02-18.12 (+261%)
$220: 3.58-15.73 (+339%)
_____

NTAP Weekly $84-86 Calls
$84: 3.00-7.20 (+140%)
$85: 2.17-6.00 (+176%)
$86: 1.75-4.70 (+169%)


Fresh Options Ideas:
CRM Weekly $245-250 Calls
SNOW Weekly $187.50-192.50 Calls
PTG Weekly $33-32 Puts
NTNX 12/15 $45-47.50 Calls


OTC Updates:

We recently suggested our readers pay closer attention to our daily extended watchlists, which typically include some OTC stocks to keep an eye on. This was due to the rising activity of the OTC that does tend to happen toward the end of a calendar year. We’re seeing a lot more happen on that front, so we repeat our suggestion today, and relay a couple of yesterday’s new highs on stocks in which we’ve expressed some interest.

Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX):
Alerted: 11/29
Range: .003-.0045
Gained: 50%
_____

Canopus Biopharma Inc. (OTCMKTS:CBIA): 
Alerted: 11/22
Range: .0011-.0018
Gained: 63%


Extended Watchlist:
BLLB, SONX, IMHC, IDVV, ATVK, BIEI, BFYW, SNGX, IMGN, ATXI, VFS, AMPE, AGRI