Options Runners, Fresh Plays, OTC Recap

Options Review:

We closed things out for last week on Friday morning with both a short and a longer-term options trading idea, and our quick-strike play was the one to produce the primary mover of the day for us. That being said, our extended term ideas shouldn’t be swept under the rug simply because they don’t pop on the very first day, and a prime example of that, are the April calls we signaled for General Mills in our previous report on Thursday morning.

Today to kick things off we’ve got the figures from Friday’s runner, the , as well as Thursday’s target, the GIS 04/21 $82.50 Calls, which only took an extra day to absolutely blow thier lids. Here’s the breakdown of Friday’s single-session moves in the SPY 03/24 $392-391 Puts as well as the two-day swing from the GIS Calls:

SPY 03/24 $392-391 Puts
$38:
 1.40-2.96 (+111%)
$39: 1.10-2.34 (+113%)
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GIS 04/21 $82.50 Calls
$82.50: .50-3.10 (+520%)


Fresh Options Ideas:
SPY 03/27 $396-398 Calls
UNFI 04/21 $22.50-25 Calls
BNTX Weekly $124-123 Puts
HTHT 04/21 $50 Calls


Principal Solar, Inc.(OTCMKTS:PSWW) – Update:

We also wanted to do a brief update on PSWW, the energy company we highlighted in a special report this past Wednesday (>>Read Wednesday’s Report). The stock has been maintaining higher highs and higher lows since coming off of its recent 52-week lows.

Last week it managed to break above both its 50 and 200 Day Moving Average. Moving forward, we’d like to see PSWW maintain support at or above the current 50DMA of .009 on any consolidations. From our observed low of .009, to the high of .0125, we have thus far seen a 39% increase in PSWW.
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Check out the most recent news released by PSWW from Thursday regarding its latest shareholder letter (>>Read PR via Accesswire)

You can also learn more about PSWW and its current projects at www.pswwenergy.com


Extended Watchlist:
FRC, COEP, HCTI, DPST, BXRX, RGLG, ABML, VNTH, GDVM

Ending a Strong Week on a High Note

Thursday’s Major Movers: 

The majority of our fortunes have come down on the positive side of the street this week, and yesterday was a continuation of that trend. With the exception of one out of the five options ideas we had loaded up for yesterday’s premarket report, we saw really nice intraday runs out of our whole slate for the day.

We were tracking the ASAN Weekly $19.50-21 Calls, the BJ 03/17 $75-80 Calls, the JD Weekly $45.50-44.50 Puts, and the TSLA Weekly $182.50-180 Puts, and they yielded plenty of chances for multibag intraday gains. Here were the trading ranges and total possible profits they recorded:  

ASAN Weekly $19.50-21 Calls
$19.50:
 1.35-3.22 (+139%)
$20: 1.05-3.00 (+186%)
$20.50: .65-2.25 (+241%)
$21: .50-2.00 (+300%)
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BJ 03/17 $75-80 Calls
$75: 2.77-4.00 (+44%)
$80: .40-.80 (+100%)
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JD Weekly $45.50-44.50 Puts
$45.50: 1.40-4.00 (+186%)
$45: .82-3.51 (+328%)
$44.50: .75-3.10 (+313%)
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TSLA Weekly $182.50-180 Puts

$182: 1.98-10.10 (+410%)
$180: 1.24-7.91 (+538%)


Fresh Options Ideas:
DOCU Weekly $57-55 Puts*
ORCL Weekly $84-82.50 Puts*
GPS Weekly $11.50-11 Puts*
JKS Weekly $55-53 Puts*

*Trading options contracts on their day of expiration should never be attempted by inexperienced traders 


Extended Watchlist:
NLST, GMZP, AABB, GDVM, DLYT, CDSG, MTEM, CSSEL, SI, BRDS, BNED, HGBL

New Year, New Opportunities!

Options Reviews: 

We hope everyone had a Happy New Year and a pleasant long weekend, and are all set to hit the ground running. We’re ready to give everything we’ve got to make 2023 every bit as exciting as 2022, and more! We’re going to kick things off this morning by going over the performances on a couple sets of longer-term options ideas we formulated a couple of weeks ago.

From our reports on December 20th and 22nd, respectively, we’ve been tracking the PLAY 01/20 $35-36 Calls and the PAYX 01/20 $115-120 Calls. The Paychex calls in particular have posted some serious multibag gains over that time span. With still more than two weeks remaining until their expiration, both sets of ideas have made pretty good headway indeed, posting the following moves and total possible profits so far:

PLAY 01/20 $35-36 Calls
$35: 1.03-1.85 (+80%)
$36: .72-1.27 (+76%)
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PAYX 01/20 $115-120 Calls
$115: .92-4.03 (+338%)
$120: .33-1.65 (+400%)


Fresh Options Ideas:
SPY 01/03 $383-384 Calls
TSLA Weekly $120-118 Puts 


Silo Pharma, Inc. SILO – NASDAQ Recap:

We included SILO on our watchlist in Friday morning’s premarket report, and were pleased with the single session move it made from 4.64-6.56. That works out to an intraday rise of 41% which is a pretty respectable rip for a $4+ NASDAQ stock. Our extended watchlists typically contain a mix of both big board and OTC stocks.


Extended Watchlist:
DPLS, GDVM, CLNV, LGIQ, MGUY, SWVL, GRRR, CMMB, EVAX, RDHL, NVOS, JSPR, SRNE