Stock and Options Updates, Fresh Plays

Options Review: 

Despite the fresh trading week opening up with a fizzle instead of a bang, both of the quick-strike sets of potential options targets we formulated for yesterday morning’s premarket report were still able to produce.

The targets in question were the DWAC Weekly $27-28 Calls, and the AZZ Weekly $40 Calls. The DWAC calls certainly came through as the top play of the day, while AZZ turned in relatively nominal gains. We’ll continue to monitor those for further activity as the week progress. In the meantime, the DWAC chain provided us with multiple multi-bag gain opportunities on the day:

DWAC Weekly $27-28 Calls
$27: 2.27-5.20 (+129%)
$27.50: 1.85-4.35 (+135%)
$28: 1.92-4.10 (+114%)
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AZZ Weekly $40 Calls
$40:
2.20-2.80 (+27%)


Fresh Options Ideas:
PEP Weekly $167.50-172.50 Calls
ETWO Weekly $7.50 Puts


Other Updates:

Cruzani, Inc. CZNI – We tagged CZNI in yesterday morning’s extended watchlist, and the stock made a respectable run to its highest PPS since October. It ran from .0005-.0009, which is a 40% increase.
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Marijuana Strategic Ventures, Inc. MSVI – We tagged MSVI on Wednesday of last week, while the stock was trading for as low as .09, and yesterday the stock ran to .43, which represents a very nice move of 378%


Extended Watchlist: 
SRNW, ILIM, CHNC, MSVI, APTY, BNCM, GOEV, HSTO, AKAN, VS, TTWO, FWBI

Recapping Runners, Fresh Ideas

VZIO Options Produce Instant Results:

Despite the fact that our three options ideas in yesterday’s premarket report were geared toward being longer-term plays to monitor over the next few weeks, in the case of VZIO, we witnessed prompt results as the daily activity provided for a very respectable intraday move for our tracked contracts.

Those were the VZIO 01/21 $19-20 Calls, which produced the following moves on our first day of observation. We will of course continue to monitor it and the other January Calls we signaled yesterday morning.

VZIO 01/21 $19-20 Calls
$19: .88-1.35 (+53%)
$20: .70-.90 (+29%)
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Fresh Options Ideas:
JBL Weekly $60-65 Calls
ACN Weekly $405-415 Calls


Icoa, Inc. ICOA – Recap:

We also wanted to provide a brief update on ICOA, which is a stock that we included in our watchlist on Tuesday morning. In that two-session span, it has recorded a solid upswing, trading from a low of .0073 on Tuesday, and reaching as high as .0133 yesterday.

That works out to an overall increase of 82% and with the signs of momentum buildup in this play over the last several sessions, we’re going to want to continue to keep an eye peeled as we head into the end of the week.


Extended Watchlist:
SBES, BDPT, GAXY, JPEX, PUGE, SMURF, PLYN, KXIN, CALT, GOEV