Tag: ICNM

Options Review, Fresh Ideas

Major Options Success:

We try our best to consistently form a steady stream of varied options targets for ourselves and our readers. On Friday we submitted three ideas in our premarket report, and we are pleased to pass along the excellent opportunities to profit that they created during Friday’s session.

Our interests included targets in the MU, SHW, and SPY chains, and as it turned out, each and every target that we put forth produced nice moves on the day. Here are the trading ranges and total possible gains that were recorded.

MU Weekly $91-93 Calls
$91: .47-1.88 (+300%)
$92: .09-.94 (+944%)
$93: .03-.28 (+833%)
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SHW 04/16 $246.67-250 Calls
$246.67: 3.50-5.70 (+63%)
$250: 1.90-4.30 (+126%)
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SPY Weekly $397-398 Calls
$397: 1.69-4.00 (+137%)
$398: 1.03-2.97 (+188%)

Fresh Options Ideas:
SPY Weekly $401-403 Calls 
EBS 09/17 $95 Calls

Extended Watchlist: 
OZSC, SGMD, SPZI, PSWW, AFPW, EVUS, LCLP, FERN, RTON, NUUU, USRM, ICNM

Hot Options Plays & More

Friday’s Big Performers:

Our first order of business on this morning is to go back over the two fresh options trading ideas that we formulated in Friday morning’s report. 

We were looking out for gains in the DKNG Weekly $58-59 Calls and the ABNB Weekly $185-190 Calls, and we certainly got what we were after. In a 5 for 5 sweep, every contract set that we designated for observation posted multibag intraday runs. As far as ABNB was concerned, the potential gains on the day were absolutely enormous.  

ABNB Weekly $185-190 Calls 
$185: 4.60-27.42 (+496%)
$187.50: 3.25-25.15 (+673%)
$190: 2.16-23.04 (+967%)
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DKNG Weekly $58-59 Calls
$58: 1.30-4.40 (+238%)
$59: .81-3.44 (+324%)

In the case of DKNG, premarket activity suggests that further gains are forthcoming, so we’re going to want to renew our idea for this fresh trading week and begin tracking the DKNG Weekly $62-63 Calls.
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More Fresh Options Ideas: 
SPY 03/01 $383-385 Calls
NRG Weekly $39-40.50 Calls 

Extended Watchlist: 
LTNC, IMTL, AABB, GTEH, GDET, MYDX, ICNM, GRLF, RDAR

Updates on Big Movers & More

Key Options Updates

We’ve been tracking the ideas we initially posted on Monday morning all week and so far the gains we have seen off of these plays have been monstrous. Below you will find the new highs registered by those targets in the RIOT and MARA chains.

You will also see our updated ideas for the TLRY chain, which has provided us with astounding gains as well. Each and every one of these contract sets has put up massive multibag moves in just a couple of trading days.

RIOT Weekly $27-28 Calls
$27: 1.56-14.80 (+849%)
$27.50: 1.50-14.30 (+853%)
$28: 1.35-13.80 (+922%)
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MARA Weekly $26.50-28 Calls 
$26.50: 1.91-12.90 (+575%)
$27: 1.48-13.00 (+778%)
$27.50: 1.51-12.20 (+708%)
$28: 1.43-11.85 (+728%)
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TLRY Weekly Calls
$26: 1.70-18.35 (+979%)
$27: 1.22-17.92 (+1368%)
$34: 2.49-12.00 (+382%)
$35: 2.00-11.28 (+464%)
$36: 1.77-10.50 (+493%)

As far as TLRY, which continued its insane run this morning in the premarket, we are going to have to raise our target again to stay on the money, so we’ll be tracking the TLRY Weekly $50-52 Calls. The stock alone has made an incredible move in the month of February already.

Since our mention of it in our report last Tuesday morning, it has run from 19.30 to this morning’s premarket high of 56.00, marking a run of 190% in just a hair over a week! If you had only begun tracking the stock as of this Monday’s report, you still would have witnessed a move of 116% from 25.95-56.00.
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Fresh Options Ideas:
TWTR Weekly $63-65 Calls
LYFT Weekly $57-60 Calls 

OTC Runners: 

We’ve also been staying on top of the OTC-traded plays that have recently been making more of an appearance in our reports. We have unearthed several gems in this arena in 2021 so far, with no signs of slowing yet!

Tesoro Enterprises Inc. TSNP
Called: 01/20/21
Range: .272-1.93
Gained: 609%
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Minerco, Inc. MINE 
Called: 02/09/21
Range: .0062-.017
Gained: 174%
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Ozop Energy Solutions, Inc. OZSC
Called: 02/09/21
Range: .301-.50
Gained: 66%

Extended Watchlist:
CBDL, GRSO, JAMN, SPLIF, ICNM, MDCN, MMEX, DPLS, GAXY