Markets Crashing, Bears Cashing!

Options Updates:

In these exceptionally volatile times, it’s always good to have both long and short targets, depending on which way the wind is blowing. With the help of yet another bloody day for the markets at large, the bearish ideas we’ve been tracking in MAR all week tacked on some impressive new highs, and the new CYBR Puts we added in fresh for yesterday’s report immediately went exponential.

In the case of MAR, these numbers represent 2-day swings, and for CYBR, we’ve got yesterday’s intraday ranges:  

MAR Weekly $86.50-85 Puts
$86.50:
2.80-11.72 (+319%)
$86: 2.70-11.27 (+317%)
$85.50: 2.20-9.07 (+312%)
$85: 2.13-10.00 (+369%)
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CYBR Weekly $107-104 Puts 

$107: 2.70-11.90 (+341%)
$106: 2.80-9.87 (+253%)
$105: 2.26-10.00 (+342%)
$104: 2.40-9.00 (+275%)

With the aforementioned winds once again blowing in a bearish direction this morning, we’ll keep an eye out for even more new highs in these plays. We’ll also add in a related idea for the SPDR S&P 500 ETF, and put the SPY Weekly $280-278 Puts on watch into tomorrow.


New Options Ideas:
EQM Weekly $15-17.50 Calls
JACK Weekly $65-60 Puts
ONEM Weekly $25-22.50 Puts


Extended Watchlist:
SEGN, HENC, SPOM, DECN, CIVX, BCII

Multiple Key Updates

Penny Stock Roundup 

We included an extended watchlist in yesterday morning’s report consisting of a trio of penny stock plays, and we saw sizable moves from all three. In the case of FNHI, we initially put it on watch a week ago today, and SPOM and FZRO were newcomers. 

SPOM
Range:
.155-.389
Gain: 151%
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FZRO
Range: .0298-.0579
Gain: 94%
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FNHI (Called: 02/12)
Range: .069-.44
Gain: 538%

Please Note: We have not been compensated in any way to present the preceding penny stocks. We simply like to provide as big a variety of ideas as possible for our readers. If we ever receive anything in return for our coverage on anything mentioned on our websites or in our newsletters, it would appear on our disclaimer, and/or in each of the individual emails we send out on such a stock.


Virgin Galactic Holdings, Inc. SPCE – Just yesterday morning, we were mentioning our premarket report on the morning of January 22nd on SPCE, in which we put the SPCE 02/21 $10-15 Calls on watch, and once again the daily move for the stock allowed for some really nice boosts to the gains we had already seen in these contracts.

Here are the updated figures, along with our congratulations for anyone who managed to reap the benefits of these multi-bag moves: 

SPCE 02/21 $10-15 Calls
$10: 6.24-23.50 (+277%)
$11: 5.30-22.70 (+328%)
$12: 4.30-25.00 (+481%)
$13: 3.50-24.00  (+586%)
$14: 2.80-22.43 (+701%)
$15: 2.15-21.00 (+877%)


Options Updates –  We also got some decent gains out of our bearish options ideas from yesterday morning as the markets suffered another tumultuous session:

AAPL Weekly $320-317.50 Puts
$320
: 6.94-9.45 (+36%)
$317.50
: 6.50-8.00 (+23%)
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MDT Weekly $116-114 Puts
$116: 3.20-3.80 (+19%)
$115
: 1.79-3.40 (+90%)
$114
: 1.05-2.67 (+154%)
____

Fresh Ideas:
DISH Weekly $42 Calls
BYND $122-125 Calls  

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Extended Watchlist: ABML, ALPP, HOSS, HENC, VIVE, PLUG, BLPH

 

BYND Update & More

Beyond Meat, Inc. BYND – Update

On Wednesday morning, we put a few options ideas on the radar in our premarket report, for the BYND chain. We signaled some weekly sets as well as one that expires at the end of next week. Our specific ideas were the BYND Weekly $86-88 Calls & 01/24 $95 Calls.

Despite a down day for the markets, BYND continued its impressive run, just in terms of the stock itself, which made a move from  81.16-97.90 between Wednesday and Friday. That alone works out to a modest, yet notable, increase of 21%, a figure which is rising as we speak, having breached $100 here in the premarket.

The moves produced by the calls we highlighted also enabled some fantastic gain opportunities for ourselves and our readers:

BYND Weekly $86-88 Calls
$86
: 1.43-12.30 (+760%)  
$87: 1.42-11.50 (+710%)
$88: 1.24-10.45 (+743%)

BYND 01/24 $95 Calls
$95: .85-7.15  (+741%)  


ContraFect Corp. CFRX

CFRX, which we signaled for observation in our report from December 17th, has continued the impressive run it has been on ever since our initial alert.

We witnessed shares changing hands for as little as .38 and the progress it has made is really great. On Friday, the stock registered a new high of 1.15, representing a roughly three-week upswing of 203%


Extended Watchlist:
DMAN, PCTL, HENC, GGSM