Tag: IGEN

Sweeping Options Success

US Steel Corp. X – Update

Following our report on Tuesday morning wherein we signaled the X Weekly $8.50-9 Calls for tracking, those contracts steadily put on more gains for the remainder of the week, with the big finish coming on Friday.

Our two targets had already reached multi-bag status the previous day, but really kicked things into high gear to close out the week.

Here are the total moves made by those ideas from Tuesday through Friday:

X Weekly $8.50-9 Calls
$8.50: .23-2.08 (+804%)
$9: .07-1.55 (+2114%)

More Big Winners

We also had formulated two fresh options trading ideas for Friday’s session, highlighting the SPY Weekly $313-315 Calls and the AVGO Weekly $310-317.50 Calls and we are pleased to report that we hit the nail on the head in both of those cases as well.

Solid gains were available to ourselves and our readers across the board. Here were the maximum profits made possible by those plays:

SPY Weekly $313-315 Calls
$313: 2.62-8.11 (+210%)
$314: 2.03-7.23 (+256%)
$315: 1.50-6.20 (+313%)
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AVGO Weekly $310-317.50 Calls
$310: 11.21-19.20  (+71%)
$312.50: 10.99-16.96 (+54%)
$315: 8.59-15.99 (+86%)
$317.50: 4.56-14.36 (+215%)

Fresh Options Idea:
NKLA Weekly $42-43 Calls 

Extended Watchlist:
BLXX, HDII, IGEN, UAPC, UNVC, JCPNQ,

Surprise Jobs Numbers Causing Market Surge

US Steel Corp. X – Update

Our US Steel targets from Tuesday morning’s premarket report continued to rise during yesterday’s session. We had mentioned the X Weekly $8.50-9 Calls We saw some nominal gains that day and on Wednesday cautioned that the party wasn’t over yet for those ideas.

Sure enough, we saw some very nice increases yesterday, pushing our ideas much higher and into multi-bag gain territory. The total moves on the week were as follows: 

X Weekly $8.50-9 Calls
$8.50: .23-.81 (+252%)
$9: .07-.35 (+400%)
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Fresh Ideas*:
SPY Weekly $313-315 Calls
AVGO Weekly $310-317.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 


Luckin Coffee LK – Recap 

We’ alerted on LK in last Wednesday’s report, at which time we stated that the stock was showing signs of a reversal. We put it on watch, and it didn’t take long for the stock to see a low of 2.00 before launching into a multi-day run.

Yesterday the stock hit 4.94, marking a move up from our observed low of 147% This morning in the premarket, that figure has been extended as the stock has changed hands for as much 5.71. That means we’ve witnessed an overall increase of 186% in a span of just eight trading days!

Extended Watchlist:
VISL, TTPH, HDII, CRGE, IGEN, GRST

2657% Gain on AMAZ!

Amazing Energy Oil & Gas, Inc. AMAZ – Another Update 
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We were just mentioning our idea for AMAZ yesterday, that we initially flagged for observation at the end of April. We had also put a reminder in Monday’s extended watchlist. Despite already seeing a 1000%+ move, the stock wasn’t finished, and it put on quite a show yesterday.

The stock hit a new high of .0386, which from our observed low of .0014 less than a month ago, represents an absurd increase of 2657% which isn’t the highest, but certainly one of our top gainers of 2020 so far.

US Steel Corp. X – Options Update

We placed an options idea for the US Steel chain in yesterday morning’s premarket report on the heels of the company’s quarterly earnings drop.

Specifically, our targets were the X Weekly $8.50-9 Calls and while the gains observed weren’t eye-popping by any stretch of the imagination, they were still solid, and based on premarket activity today we expect to see these pile on even more gains at the open.

In the meantime, here’s the activity in those plays for yesterday’s session: 

X Weekly $8.50-9 Calls
$8.50: .23-.38 (+65%)
$9: .07-.12 (+71%)
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Fresh Ideas:
CBRL Weekly $110 Calls
CRWD Weekly $100 Calls  

Extended Watchlist:
TPTW, IGEN, TCHC, SPONF, HUGE