Another Perfect Options Run, 4 New Targets

Another Clean Sweep on Options:

We fared quite well with the options ideas we formulated for yesterday morning’s premarket report. The markets ripped all day long, and despite three out of our four daily selections being bearish, our targets successfully bucked the overall trend with some really nice intraday runs.

We were honed in on the DAL Weekly $34.50-35 Calls, the FAST 04/21 $52.50-50 Puts, the INFY 04/21 $16-15 Puts, and the PGR 04/21 $145-140 Puts. We got multibag runners out of all of our interests, with the exception of the FAST Puts, which only fell slightly shy of double bag status and still exhibited some excellent intraday movement. Here’s how we fared with yesterday’s clean sweep:

DAL Weekly $34.50-35 Calls
$34.50:
 .15-.55 (+267%)
$35: .10-.39 (+290%)
_____

FAST 04/21 $52.50-50 Puts
$52.50:
 1.20-2.15 (+79%)
$50: .37-.70 (+89%)
_____

INFY 04/21 $16-15 Puts
$16:
 .20-.70 (+250%)
$15: .06-.15 (+150%)
_____

PGR 04/21 $145-140 Puts
$145: 3.80-8.75 (+130%)
$140: 1.60-4.50 (+181%)


Fresh Options Ideas:
PNC 04/21 $121-124 Calls
C Weekly $48-48.50 Calls*
WFC Weekly $40.50-41 Calls*
JPM Weekly $135-136 Calls*

*You should not attempt to trade options on their day of expiration unless you are an experienced trader


CXApp Inc. CXAI – NASDAQ Recap: 

In an incredible series of events, we flagged CXAI in our premarket report yesterday morning, and the stock performed quite well, running from 2.70-9.73 on the day, for an increase of 260%. However, in premarket trading today, the stock has shot to an incredible new high of 69.47, which represents a gargantuan rise of 2472% overnight!


Extended Watchlist:
CHRA, INPX, SAI, MRAI, PTPI, FOXO, ETHE, CYDY, CORZQ, GMZP, MONI

New Highs for Options Plays, 4 Fresh Ideas

SPY Runners, Other Recaps:

We were bullish on the SPY yesterday morning and as a result we signaled a range of calls in our premarket report, the SPY 04/12 $411-413 Calls, which ultimately recorded some very nice intraday movement. Additionally, we wanted to circle back around to a couple of the other sets of 04/21 calls that we’ve placed on watch in recent weeks, that have posted new highs this week.

The Friday before last, we highlighted the WGO 04/21 $55-60 Calls, and a couple of sessions later on April 4th, we included the TSE 04/21 $22.50 Calls in our daily report. So the figures we see below represent SPY’s intraday run yesterday, and the overall increases in our WGO and TSE targets since the alert dates we linked here.

SPY 04/12 $411-413 Calls
$411:
 .28-1.00 (+257%)
$412: .14-.49 (+250%)
$413: .08-.20 (+150%)
_____

WGO 04/21 $55-60 Calls
$55: 1.60-3.86 (+151%)
$60: .29-1.60 (+451%)
_____

TSE 04/21 $22.50 Calls
$22.50:
 .25-.70 (+180%)


Fresh Options Ideas:
DAL Weekly $34.50-35 Calls
FAST 04/21 $52.50-50 Puts
INFY 04/21 $16-15 Puts
PGR 04/21 $145-140 Puts


Extended Watchlist:
KGKG, PHIL, SKKRF, KITL, CXAI, AUUD, MOBQ, JZXN, CYTO, SABS

Fresh Options Plays, Updates

Options Review:

We’ve been all over the SPY lately, playing it both short and long over the past week with great success each time. Yesterday morning we signaled some fresh bullish targets for the dailies, and were met with multibag runs on the session.

We were after the SPY 01/12 $470-472 Calls, and thanks to a gap-and-go right out of the starting gate, we got the following opportunities:

SPY 01/12 $470-472 Calls
$470: .95-2.17 (+128%)
$471: .59-1.51 (+156%)
$472: .34-.98 (+188%)

We also had a trio of other fresh plays, of which two produced instant results- the INFY 01/21 $25-26 Calls and the AMBA Weekly $157.50-162.50 Calls. We also signaled a longer-term play in some February calls on NFLX, but we’ll circle back around to those in an upcoming report. For now, these are the intraday moves posted by the INFY and AMBA targets:

INFY 01/21 $25-26 Calls
$25: 
.53-1.45 (+174%)
$26: .20-.64 (+220%)
_____

AMBA Weekly $157.50-162.50 Calls
$157.50: 8.49-14.10 (+66%)
$160: 3.50-5.20 (+49%)
$162.50: 2.45-4.01 (+64%)


Fresh Options:
KBH Weekly $44-46 Calls
TSM Weekly $136-139 Calls
DAL Weekly $40-42 Calls


Extended Watchlist:
BTCS, ISPC, ADGI, VYNE, OPTI, TGGI, CVSI, VTXB, QUAN, CBGL, RSHN

DASH Calls Bear Fruit, Fresh Ideas

More Options Updates:

We’re on our normal routine today, highlighting the winners we’ve come across with our many options ideas. For yesterday’s morning’s premarket report, we hashed out three sets of fresh plays for tracking, and two of them turned in very nice performances.

We were after the ACCD Weekly $20 Calls and the KBH 02/18 $40-42 Calls, and they both produced positive intraday movement for us, with the ACCD calls posting the top performance and registering a big multibag run on the day.

Additionally, we flagged the DASH 01/21 $160-165 Calls as a longer-term idea on New Year’s Eve, and those have started to put up big moves as well. Below you’ll find the total range and possible gains so far.

ACCD Weekly $20 Calls
$20:
 1.90-5.00 (+163%)
_____

KBH 02/18 $40-42 Calls
$40: 2.05-2.93 (+43%)
$41: 1.45-2.25 (+55%)
$42: 1.05-1.65 (+57%)
_____

DASH 01/21 $160-165 Calls 
$160: .07-.52 (+643%)
$162.50: .05-.31 (+520%)
$165: .04-.29  (+625%)


Fresh Options Ideas:
SPY 01/12 $470-472 Calls*
INFY 01/21 $25-26 Calls
NFLX 02/04 $560-570 Calls
AMBA Weekly $157.50-162.50 Calls

*Please exercise great caution when trading options on their day of expiration. It should only be attempted by experienced traders. 


Extended Watchlist:
TCRI, PLYN, DUTV, TLOFF, KYNC, IMRN, IMMX, PIK, EVFM

MDGS News Brief, Options Ideas & More

Medigus, Ltd. MDGS – Fresh News Alert:

Our coverage of MDGS continues this morning with the company’s entry into yet another trendy market space. The news dropped this morning that through the investment of $400K in Safee, which runs a social media network on which users can create and trade NFTs (Non-Fungible Tokens).

We’ve been covering MDGS for quite some time now, and via strategic investments such as these, it has its hands in a wide range of promising interests.

Tel Aviv, Israel, Oct. 13, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that it will invest in Safee, a Non-Fungible Token (NFT) technology company. Safee’s social network allows creators and collectors to easily create, own, engage, control and trade digital goods. Safee’s mission is to expand the reach of NFTs to mass market buyers and creators, digital artists, illustrators, photographers, musicians, regular consumer digital content creators and more. Medigus will invest $400,000 in Safee and will hold approximately 2.5% share in the company. (>>Read Full PR)


Fastenal Co. FAST – Options Recap: 

Our lone fresh options idea in yesterday morning’s premarket report was a play on FAST following its earnings drop. We signaled interest in the FAST Weekly $50-52.50 Calls, and the stock broke out well past that range, facilitating some very nice intraday opportunities for us.

FAST Weekly $50-52.50 Calls
$50:
 2.65-4.10 (+55%)
$52: .55-2.15 (+291%)


ESS Tech, Inc. GWH – Recap:

Also in in yesterday morning’s premarket report, we tagged GWH for observation and we were pleased to see the kind of activity it produced on the day as well. It was the stock’s first day of trading on the NYSE, and its first mark left an impression!

From a low of 15.26, GWH ran as high as 28.92, for an intraday run amounting to 90% With that type of day one volatility, we’re very interested to continue observing this play as it finds its footing.


Fresh Options Ideas:
INFY Weekly $22 Calls
JPM Weekly $165-167.50 Calls


Extended Watchlist:
NEW, WTRH, JSPR, RLX, KOSS, AHFD, MJWL, TONR, QBAN, IGEX, CZNI, BNOW

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