BioSig Technologies, Inc. BSGM
We are still tracking BSGM as we open up another trading week. If you recall one of our recent reports where we mentioned having talked about this stock on multiple occasions (April 7th, April 22nd) you can see that we’ve preen pretty hot on its trail through its whole recent run.
Our observed low on BSM came in at 3.45 shortly following our initial alert on it, and as of today in the premarket, we’re seeing high marks of as much as 9.25. That works out to an overall increase of in a matter of roughly three weeks.
The company has also just submitted an investigational new drug application with the FDA for its orally administered coronavirus treatment. We’re going to be very interested to continue keeping an eye on the activity in BSGM which has now been running hard for a full seven sessions.
Facebook’s announcement that it would be entering the multi-user conferencing arena, has us temporarily bullish on FB and bearish on ZM. We will formulate some quick-strike options ideas accordingly;
FB Weekly $192.50-197.50 Calls
ZM Weekly $160-155 Puts
AABB, FCEL, TPTW, UVFT, VODG, VXRT, XALL
Facebook, Inc. FB – Recap
One of our fresh options trading ideas from yesterday morning’s premarket report was for the Facebook chain, on the heels of the company’s Q3 earnings and revenue beat.
We were tracking the FB Weekly $190-195 Calls, and all three of those contract sets produced opportunities for traders to get in and out with some very nice gains. Here are the figures on this successful daytrading idea:
$53 Calls – Range: 3.10-5.52 – Max Gain: 78%
$53.50 Calls – Range: 1.75-3.45 – Max Gain: 97%
$54 Calls – Range: .87-1.87 – Max Gain: 115%
Fresh Options Ideas
Here’s what we’re going to be watching as we close out another trading week:
Merit Medical Systems, Inc. MMSI 01/17 $20-30 Calls
Pinterest, Inc. PINS Weekly $21-19.50 Puts*
Alibaba Group Holding Ltd. BABA Weekly $175-180 Calls*
US Steel Corp. X Weekly $12 Calls*
*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.
Diffusion Pharma, Inc. DFFN – Bottom-Watch
We also want to briefly mention DFFN, a NASDAQ penny stock that may be ready to make a serious rebound off of its recently established lows. The stock is soaring in the premarket, and we will be interested to track its activity as the session opens up.
HCR, FTNT, QRVO, NPTN, AMED, BIMI, BGNE, VISM
Fresh Options Trifecta
We’ve got a trio of new options ideas to present this morning. Facebook and Starbucks just reported earnings yesterday in the post-market, and we have significant Form-4 buys at a bottom on TNET.
We have formulated an options idea for all of those chains. Some quick-strike plays for our earnings reporters, and a longer-term look for the Form-4:
TriNet Group, Inc. TNET 12/20 $55 Calls
Facebook, Inc. FB Weekly $190-195 Calls
Starbucks Corp. SBUX Weekly $85.50-87 Calls
Visium Technologies, Inc. VISM
Just a reminder for those of our readers who may not have caught yesterday’s report. We initiated three moths of coverage on VISM, and compiled an introductory report on the company in lieu of our regular morning report.
We would strongly suggest that our readers peruse that report if you didn’t already. The stock is still at a relative bottom as a high sub-penny, compared to the penny-plus marks it has been hitting recently. The potential for near-term gains of at least 100% is definitely present, and we don’t want anyone to miss out. Stay tuned for future reports going into further detail on VISM.
>>READ OUR VISM REPORT<<
KHC, ADMP, CDAY, BOOT, SPWR, SREV