Tough Sledding for the Market, Related Ideas

The Home Depot, Inc. HD – Recap:

From our list of options ideas we were tracking yesterday, Home Depot was the primary trend-bucker of the day, as the markets in general had a tumultuous session, and appear to be headed for more of the same.

We were targeting the HD Weekly $322.50-327.50 Calls and they produced significant intraday gain opportunities shortly following the opening bell. Those trading ranges and potential profits were as follows:

HD Weekly $322.50-327.50 Calls
$322.50: 2.03-5.00 (+146%)
$325: 1.33-3.70 (+178%)
$327.50: .67-2.08 (+210%)
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Fresh Options Ideas:
LOW Weekly $192.50-187.50 Puts
SPY 05/19 $409-407 Puts*
TGT Weekly $215-210 Puts

*Please remember that trading options on their day of expiration should only be attempted by advanced level traders with access to disposable funds!

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Extended Watchlist:
GGII, INC, VPER, RETC, RSHN, NSAV, BEHL

Big Name Earnings Plays & More

PureCycle Technologies Inc. PCT – Update:

We entered a longer-term recovery idea for the PCT options chain in yesterday morning’s premarket report on a purely technical basis, and it provided instant results.

It was exhibiting most of the classic signals we look for in a potential rebound play. Coming off of recently established lows, a MACD converging toward a bullish cross, a heavily oversold yet rapidly strengthening RSI, and a massive gap on the chart to the upside. You can see all of these indicators on the chart snapshot below.

We’ll continue to look for signs that PCT may continue the current trend off of last week’s lows which represented the lowest PPS for the stock in roughly 7 months. Here are the intraday gains made by our targeted options contract sets yesterday:

PCT 08/20 $15-17.50 Calls
$15: 1.88-2.80 (+49%)
$17.50: 1.25-2.10 (+68%)
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Fresh Options Ideas:
BIDU Weekly $192.50-197.50 Calls
WMT Weekly $142-145 Calls
HD Weekly $322.50-327.50 Calls

Nutranomics, Inc. NNRX – Recap:

We flagged NNRX in yesterday morning’s extended watchlist, which most often contains the majority of the OTC stocks we’re tracking on any given day, and the stock did end up putting forth a solid intraday performance.

It ran from a low of .0014 and went as high as .0033, which marks a daily push of 136%, and it occurred on volume of over three times the 30-day moving average.

Extended Watchlist:
APYP, MNGG, RGBP, BYRG, RETC, VMCS, ZONX, WRFX, EEGI

Aureus News Update & More

Aureus Inc. (OTCMKTS:ARSN) – News Update

We’re swinging back around today to relay the new PR released by Aureus this morning. For those of our readers who may not have read the report that we published on Monday morning, you can find it right here. It outlines the most recent announcements from the company which would give more context to this morning’s announcement.

The company is reporting its progress with regard to marketing and the status of its Metro Atlanta project that intends to see just under two dozen “Micro Markets” established around the city.

ATLANTA, GA / ACCESSWIRE / November 19, 2020 / Aureus, Inc. (OTC PINK:ARSN) (“Aureus” or the “Company”) (www.AureusNOW.com) an emerging leader in the food brand development industry which owns the Yuengling’s Ice Cream brand (“Yuengling’s Ice Cream” or “Yuengling’s”) (www.yuenglingsicecream.com) including all intellectual property, will diversify its interests into the food sector by developing Micro Markets throughout the metro Atlanta area. This new Subsidiary is named Aureus Micro Markets (AureusMicro.co)

“We have multi-pronged marketing effort for our new Micro Market enterprise that includes, direct mail, telemarketing, Google Ads, and outside sales/locators.

These efforts have been layered in over the last few weeks. We have seen progress coming from the Website/Google Ads which have been running for 3 weeks. The leads produced are being followed up on.

Last week, we sent 1000 direct mailers to businesses that were targets in the metro area. This week, we established a great location from that mailer; more to follow on that.

The most immediately successful effort is the outside sales and locators. Our new outside salesperson came on board this week. In addition, we brought in two professional contract locators. As of the end of business on Tuesday, they had secured three additional new locations, with one of those being a multi-unit installation in a single business. The sales staff also has a high level of confidence on another three, as of Wednesday morning. At this rate, we expect to have homes for the first ten units we purchased by the end of the month. These will be physically deployed in the coming weeks.” Stated CEO Everett Dickson. (>>Read Full PR via OTC Markets)

Options Updates

We also have new ranges and possible gains on the bearish options ideas we’ve been tracking since Tuesday. The markets at large took a significant downturn during the day yesterday and provided for some more nice moves in these targets:

BIDU Weekly $145-140 Puts
$145: .72-3.50 (+386%)
$144: .49-2.90 (+492%)
$143: .35-2.03 (+480%)
$142: .26-1.60 (+515%)
$141: .17-1.21 (+612%)
$140: .11-.96 (+773%)
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HD Weekly $277.50-275 Puts
$277.50: 3.85-6.00 (+56%)
$275: 2.29-5.44 (+138%)
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Fresh Ideas:
NTES Weekly $86.50-87.50 Calls
NVDA Weekly $535-530 Puts

Extended Watchlist:
DNGA, QELLU, TSNP, MAPT, SCTY, APTY, YRIV, VIBI