OTC Review, Fresh Options Plays

OTC Winners 

As we have been continuously mentioning in recent weeks, while our primary interest is still in quick-strike options trading, we need to follow the money, and the OTC has been producing for us in a big way. Traditional technical trading on the big boards has taken a hit amid the effects brought on by the coronavirus, and doesn’t look to be making a comeback for quite some time.

Here are a few examples of recent penny stocks we’ve tagged that have proven their utility in attaining the fast profits for which we are always on the lookout. 

Artificial Intelligence Technology Solutions Inc. AITX
Alerted: Yesterday (06/24) |  Range: .0299-.095 | Gain: 218%
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Data443 Risk Mitigation Inc. ATDS
Alerted: 06/17 |  Range: .0095-.0219 | Gain: 131%
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Ozop Surgical Corp. OZSC 
Alerted: 04/30 |  Range: .0049-.0530 | Gain: 982%


Earnings Related Options Plays: 

RAD Weekly $13.50-14.40 Calls 

DRI 07/17 $70-75 Calls 
ACN Weekly $207.50-212.50 Calls


Extended Watchlist:
VXRT, GAHC, GTEH, GMEV

Another Successful Trading Week

Closing Out Another Week of Success

We’ve been hitting on our options ideas left and right this week, as usual. There hasn’t been many ideas that we’ve formulated which didn’t require us to turn right back around the following day and report big gains. This morning is no exception to that pattern.

Yesterday in our premarket report we submitted ideas for the options chains of both RAD and DRI, and in both cases, we had the chance to score multi-bag gains. The potential profits were as follows:

RAD Weekly $9.50-10.50 Calls
$9.50 Calls – 1.78-2.81 – Max Gain: 58%
$10 Calls – 1.12-2.42 – Max Gain: 116%
$10.50 Calls – .99-1.88 – Max Gain: 261%

DRI Weekly $115-110 Puts  
$115 Puts
– 2.67-5.90 – Max Gain: 122%
$110 Puts – .15-1.07 – Max Gain: 148%


Fresh Options Ideas: 
Winnebago Industries, Inc. WGO Weekly $50 Calls*
Scholastic Corp. SCHL Weekly $35-40 Calls*
SPDR S&P500 (ETF) SPY Weekly $319-320.50 Calls*
Tesla Inc. TSLA Weekly $405-412.50 Calls*

*Never trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds. 


Extended Watchlist:
MDGL, FCEL, NLNK, IGC, NAK, ALEC, FTFT, AVCO, LXRX, OCGN

Multiple Options Updates & More

WW International, Inc. WW – Options Update 

First thing’s first this morning, we’re circling back to report new highs on the options  ideas we formulated for the Weight Watchers chain earlier in the week. On Monday morning, we signaled interest in the WW Weekly $39.50-40.50 Calls and have seen some solid moves over the course of the week so far.

Here are the updated figures on the total possible gains in these ideas:  

WW Weekly $39.50-40.50 Calls
$39.50 Calls – Range: .35-.1.20 – Max Gain: 243%
$40 Calls – Range: .23-.95 – Max Gain: 313%
$40.50 Calls – Range: .18-.65 – Max Gain: 261%


More Winning Ideas:

We also had a number of fresh ideas in yesterday’s report, and here were the instant winners out of that group:

GIS 01/17 $55 Calls
$55 Calls – Range: .10-.28 – Max Gain: 180%

FDX Weekly $155-150 Puts
$155 Puts
 – Range: 3.95-8.75 – Max Gain: 122%
$152.50 Puts – Range: 2.64-6.24 – Max Gain: 136%
$150 Puts – Range: 1.65-4.09 – Max Gain: 148%

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Fresh Options Ideas:
RAD Weekly $9.50-10.50 Calls
DRI Weekly $115-110 Puts



Extended Watchlist:
VTGN, TOPS, PT, OBSV, TLRA, KOPN, CTXR, RUBI, XBIO, NAKD