First Week of 2022 Proves Fruitful

Options Round-Up:

We finally got some earnings reporters yesterday morning for the first time in weeks, and we lofted three ideas our readers’ way pertaining to some big names- Bed Bath & Beyond, Lamb Weston, and Walgreens. In every case, we got very positive results despite each stock posting a red candle on the day.

We were specifically targeting the BBBY Weekly $14-15 Calls, the LW 01/21 $65 Calls, and the WBA Weekly $54-56 Calls and we’re pleased to report that those targets provided some excellent intraday movement and, in most cases, plenty of chance for big single session gains.

BBBY Weekly $14-15 Calls
$14:
 .36-1.00 (+178%)
$14.50: .22-.69 (+214%)
$15: .13-.42 (+223%)
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LW 01/21 $65 Calls
$65: 3.50-5.11 (+46%)
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WBA Weekly $54-56 Calls
$54: .14-.46 (+229%)
$55: .07-.25 (+257%)
$56: .02-.12 (+500%)


Fresh Options Ideas:
SPY 01/07 $467-466 Puts*
NVDA 01/14 $280-285 Calls
GBX 01/14 $50 Calls

*Please exercise great caution when trading options on their day of expiration. It should only be attempted by experienced traders. 


Extended Watchlist:
CPMD, OWUV, FBCD, INTK, INKW, VPER, CVSI, ABSI, HGSH, MRIN, GME, ONE

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.


More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.


Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
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Fresh Options Ideas:
GSX 06/19 $30-35 Calls  

STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls 


Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

Blue Horseshoe Stocks: Strong Start to the Short Week

Even during a time of relatively high uncertainty for the markets at large, and on a short trading week, which are often more subdued than a typical week, we still managed to suss out a wide range of interesting plays in yesterday’s premarket report. Therefore, the bulk of today’s offering will be comprised of performance updates.

ViaDerma, Inc. VDRM

VDRM turned out to be the crown jewel of yesterday’s report, undergoing a massive intraday run that offered up chances at huge single session gains. We initially tagged the stock before adjourning for the holiday weekend on Friday morning. and it responded with a pop from .0048 to .0087 (+81%).

We kept it in yesterday’s report, and that’s when it really kicked into high gear, trading in a range from .00845 to an incredible new high of .0242. That worked out to a single-session romp of 186% and extended our observed gains over a two-session swing from Friday to 404%

Congrats to any of our readers who were able to hitch a ride on this wild breakout!


mCig, Inc. MCIG

As we reminded readers yesterday, MCIG was among those stocks we mentioned in our first report of 2017, subsequent to which, we would observe a low of .1599.  We then saw two weeks of a notable uptrend which brought us to yesterday’s session.

Despite already having attained a new all-time high on Friday, MCIG kept the train rolling with a solid intraday performance leading to another new high. The stock traded in a range from .388 on up to .505, a 30% push which occurred on roughly 5x the monthly average volume.

The bullish move extended our overall observed range on MCIG in just over two weeks to a whopping 216%  Any further moves from here would just be icing on the cake, but we’ll want to leave MCIG on our radar screens because a dip-and-rip pattern could be forthcoming before the week is through.


Retractable Technologies, Inc. RVP

The posting of a Form-4 filing last week, along with its positioning on the chart is what led us to focus upon RVP as a “prime bottom-play” in yesterday’s premarket report.

We were correct in doing so, timing the bottom precisely as RVP went on to rebound, trading in a range from .94 to 1.16. While that works out to a modest increase of just 23%, RVP did close just slightly below that high of day, and this morning has reached as high as 1.18. We’ll be very interest to continue tracking its activity, looking for the recording of higher highs and higher lows en route to a sustained uptrend.


PureSnax International, Inc. PSNX

Also appearing in yesterday’s newsletter was PSNX, a subpenny play which also enjoyed a sizable PPS increase on heavy volume.

The stock traded in a range from  .00239 to .0035, an intraday gain of 46%, with more than 11x the monthly average volume of shares changing hands. The price tapered slightly into a close at .0028, but provided the stock maintains support above yesterday’s swing low, we’ll remain interested in PSNX.


Delcath Systems, Inc. DCTH

We also want to quickly point out what may very well be another prime bottom-play setup for DCTH. We’ve annotated the chart snapshot below to illustrate why we’ll be tracking this one as well as we head through midweek.


Extended Watchlist:
MJTK, MYHI, CVSI, LEXG, OMHE, REXX,