Another Excellent Trading Week on the Books

Another Positive Options Performance: 

On Wednesday morning, we initiated coverage on a set of SPY Calls, the SPY 10/08 $430-431 Calls which provided instant results, as we were mentioning yesterday. In fact, those fared so well that rolled up to include the SPY 10/08 $436-438 Calls on our watchlist as well.

With yet another bullish session posted by the S&P, we saw impressive new highs in our previously tracked plays as well as some solid single session runs recorded by the updates strikes as well. The moves and total possible gains on all of those contract sets breaks down as follows:

SPY 10/08 $430-431 Calls
$430:
 2.24-11.17 (+399%)
$431: 1.82-10.77 (+492%)

SPY 10/08 $436-438 Calls
$436: 3.53-6.15 (+74%)
$437: 2.60-5.35 (+106%)
$437.50: 2.44-4.88 (+100%)
$438: 2.32-4.50 (+94%)

Our other two freshly formulated options plays from yesterday’s report were in the LEVI and HELE chains, and we got some positive activity on the day from those plays as well:

LEVI 10/15 $25-26 Calls
$25: .90-2.01 (+123%)
$26: .50-1.20 (+140%)
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HELE 10/15 $220-230 Call
$220: 13.54-17.50 (+29%)
$230: 5.10-8.50 (+67%)


Fresh Options Idea:
TPTX 11/19 $45-50 Calls


American Leisure Holdings, Inc. AMLH  – Recap: 

To wrap things up during what has been an immensely successful trading week for both options and stocks, we have an update on AMLH. We flagged this play for observation for the first time on Sept. 22nd, and since then it has exhibited a multibag run. From our observed low of .0026, yesterday’s new high of .0074 works out to an increase of 185%


Extended Watchlist:
ENZC, PUGE, CYBL, NBRI, TGGI, NHMD, CBGL, CEI, CCXI, SNDL, EFTR, DATS, PRLD

Biggest Options Gainers & More

Options Recaps:

We’ve gotten off to another great start with regard to options trading this week. Yesterday morning in our premarket report, we formulated a couple of ideas, in the THO and UNFI chains on the heels of those companies’ earnings reports.

Despite an extremely poor session for the markets in general yesterday, both of our our ideas, the THO 10/15 $115-120 Calls and the UNFI 10/15 $35-40 Calls, bucked the trend and exhibited multibag gains on the day for us. A strong performance all around no matter which contract set within our targeted ranges was selected.

Here are those excellent multibag intraday moves posted by our plays:

THO 10/15 $115-120 Calls
$115: 4.40-12.70 (+187%)
$120: 2.10-8.70 (+314%)
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UNFI 10/15 $35-40 Calls
$35: 5.00-12.32 (+146%)
$40: .1.60-7.57 (+373%)


Fresh Options Ideas:
MU Weekly $72-71 Puts
WOR 10/15 $60-65 Calls


Farmmi, Inc. FAMI 

We also would like to designate FAMI as a longer-term bottom bouncer that has the potential to become a solid recovery play.

We are going to radar FAMI for the effort the company is making to get its stock back to the dollar minimum PPS required for continued listing on the NASDAQ. A shareholder letter from the CEO this morning outlined some of the ways that’s happening, including planned acquisitions and more. (>>Read PR)


Extended Watchlist:
ENZC, IFAN, TLSS, FERN, VNTH, FONU, ETEK, AYVU, NCNA, GOVX, ITRM, FOLD

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%)
_____

ZM Weekly $310-300 Puts
$310: 17.00-23.52 (+38%)
$305: 12.00-19.56 (+63%)
$300: 9.05-15.90 (+76%)
_____

SLQT 09/17 $7.50-10 Calls
$7.50:
 1.80-2.35 (+31%)
$10: .40-.60 (+50%)
_____

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