PDD Options Review, 4 Fresh Ideas

Pinduoduo Options Recap:

With the holiday season upon us, it’s going to begin to become more of a struggle in terms of our typical tactics of trading options on the heels of big name earnings reports. But rest assured, we’re still going to keep our noses to the grindstone just like we always do, looking for interesting technical setups, Form-4 alerts, big news, and more.

Yesterday’s quick strike target was the sole earnings reporter of the day to catch our fancy, Chinese online retail giant, Pinduoduo. We targeted the PDD Weekly $73-76 Calls and those contracts all posted notable intraday moves for us, and with the activity we’re seeing in the premarket, we will be expecting to have to return to these targets tomorrow to report further increases.

PDD Weekly $73-76 Calls
$73:
3.00-4.55 (+52%)
$74: 2.51-3.90 (+55%)
$75: 2.08-3.35 (+61%)
$76: 1.69-2.80 (+66%)


Fresh Options Ideas:
YY Weekly $28-29 Calls
BILI Weekly $13-14 Calls
AZEK 12/16 $17.50-15 Puts
HIBB 12/16 $65-60 Puts


Cosmos Holdings Inc. COSM – OTC Recap:

We also wanted to do another update on COSM, a stock which has been appearing in our extended watchlists regularly since October 26th. In this span of just over a month, we’ve seen an incredible run that just keeps going. From our initially observed low of .0675, the high we’ve seen in the premarket this morning at .8864 marks an astonishing 1213%


Extended Watchlist:
GSTC, WSRC, TPTW, EEGI, ZVOI, ASPI, ONCS, BABA, OTIC, APEN

Solid Options Runners & More

Key Options Updates: 

We always try to include a mix of quick-strike weekly options ideas into our daily reports, as well as what we refer to as ‘longer-term’ ideas, with expiration dates that are weeks or sometimes even months away.

So this morning, in addition to highlighting the gains in the LI Weekly $29-30 Calls we signaled in our report yesterday, we’ll also backtrack to the HIBB 09/17 $100-105 Calls we put forth on Friday morning, as well as the KC 09/17 $30-35 Calls, which we initially alerted last Wednesday.

The total possible gains in those targets so far are as follows:

LI Weekly $29-30 Calls
$29:
 1.50-2.00 (+33%)
$30: 1.08-1.53 (+42%)
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HIBB 09/17 $100-105 Calls
$100:
 1.20-2.80 (+133%)
$105: .70-1.75 (+150%)
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KC 09/17 $30-35 Calls 
$30: .60-2.00 (+260%)
$35: .10-.51 (+410%)

With two-plus weeks remaining until expiration on the HIBB and KC contract sets, we’ll continue to track for the possibility of further increases, and report back with a future update. 


Fresh Options Ideas:
SLQT 09/17 $7.50-10
(*Form-4 Bottom Play*)
NTES Weekly $90-93 Calls
ZM Weekly $310-300 Puts


Extended Watchlist:
SONN, ACIU, RHE, SYTA, ASTA, BRYYF, KYNC, NOHO, TGGI, VIZC, GTLL, HDVY, BIEL, 

MDGS News, Options Plays & More

Medigus Ltd. MDGS – News Alert:

Our first order of business today is to go over the fresh news to hit the wires this morning for MDGS, One of the companies in which MDGS owns a controlling stake, is reporting that its Capture and Contain (C&C™) platform technology has been found effective in reducing the risk of infection with the H1N1 virus. Polyrizon has already reported similar results with coronavirus.

MDGS was the subject a special report we published on Monday morning. We’d suggest any of our readers who may have missed it, click here and go check it out. The stock has established higher lows each session this week, and it seems we timed the bottom with striking accuracy. Considering the frequency with which promising developments have been occurring for MDGS and its interests, like Polyrizon, we’re eager to see where this stock can go from here.
_____

OMER, Israel, Aug. 27, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, today announced that Polyrizon Ltd., a privately held company which Medigus owns 35.86% of its share capital, presented pre-clinical data showing that its Capture and Contain (C&C™) platform technology has the potential to reduce the risk of an infection with Influenza virus H1N1 and may potentially also treat additional Cold viruses.(>>Read Full PR)
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To Learn More about MDGS Please Visit:
Medigus.com/Investor-Relations


Options Review:

Two out of yesterday’s three fresh options ideas were quick strike post-earnings plays, the  ULTA Weekly $405-415 Calls and the CRM Weekly $262.50-270 Calls, and they both provided ample opportunity for solid daily gains.

ULTA Weekly $405-415 Calls
$405:
 2.66-8.58 (+222%)
$410: 2.51-6.76 (+169%)
$415: 1.88-8.72 (+364%)
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CRM Weekly $262.50-270 Calls
$262.50: 7.74-12.95 (+67%)
$265: 5.92-10.55 (+78%)
$267.50: 4.60-8.10 (+76%)
$270: 3.31-5.92 (+79%)
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Fresh Options Ideas:
HIBB 09/17 $100-105 Calls
GPS Weekly $27-28.50 Calls*
WDAY Weekly $255-270*

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds!


Extended Watchlist:
SPRT, NURO, RNXT, CEMI, NNA, PRFX, CLNV, BRBP, ICOA, SRCO, BRNE