Tag: KALY

Starting Off the Week on a Good Foot

Friday’s Options Recaps 

We’re kicking off this new trading week in typical fashion by highlighting the performance of the fresh options ideas we put forth in Friday morning’s premarket report. Our pair of targets that were set to expire on the day were clear cut runners- specifically the FDX Weekly $275-280 Calls and the MP Weekly $40 Calls.

In both cases, Friday’s session brought major moves in the stocks themselves, which facilitated some incredible intraday gain possibilities for ourselves and our subscribers. Those fantastic multi-bag runs were as follows: 

FDX Weekly $275-280 Calls
$275: 2.90-7.93 (+173%)
$277.50: 1.58-5.61 (+255%)
$280: .72-3.64 (+405%)
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MP Weekly $40 Calls
$40: .75-6.00 (+700%)
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Fresh Options Idea:
SPY 03/22 $389-390 Calls

New World Gold Corp. NWGC – Recap

We’ve got to swing back around to NWGC as well, a stock which we alerted back on March 4th, subsequent to which it saw shares change hands for as little .002.

This month has brought mostly positive progress for NWGC, which on Friday broke in Pennyland and set a new high of .0119. That works out to a 3-week run of 495%

Bottom Watch Plays: 

We took notice of some of last week’s biggest losers, with ALX Oncology Holdings, Inc. ALXO and Nurix Therapeutics, Inc. NRIX which both fell off of a cliff on Thursday and Friday.

Whenever we notice massive selloffs like this, we begin to wonder at what point the consolidation becomes untenable. That’s when we place stocks on bottom watch and monitor them for potential reversals, because the volatility from such situations often brings us exactly the type of quick strike opportunities we’re after. Stay tuned for the possibility of specific targets on these plays in the days ahead.

Extended Watchlist:
TGGI, MRPI, SSOK, AURI, JAMN, BLUU, KALY, NSPT

Friday’s Big Movers, Fresh Options Targets

WINNING OPTIONS REVIEW

Aphria, Inc. APHA  – We finished out the week on Friday tracking some cannabis related stocks, and the associated options targets we formulated for them. Both our existing and our fresh ideas in the APHA and TLRY chains put up strong numbers. We had already tracked the APHA Weekly $10-11 Calls to multibag gains, and those put up impressive new highs which extended our observed gains on them considerably.

Meanwhile, the additions we made to our watchlist with the APHA Weekly $13-14 Calls and the APHA 01/22 $15 Calls also posted big time intraday moves. The ranges and maximum profits on those were as follows:

APHA Weekly $10-11 Calls
$10: .70-.4.00 (+471%)
$10.50: .40-3.45 (+762%)
$11: .28-3.13 (+1018%)

APHA Weekly $13-14 Calls
$13: .02-.40 (+1900%)
$13.50: .04-.24 (+500%)
$14:  .02-.13 (+550%)

APHA 01/22 $15 Calls
$15: .52-.98 (+88%)
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Tilray Inc. TLRY – We added TLRY ideas as a complementary play, with the two companies preparing for a merger, specifically, the TLRY Weekly $21-22 Calls, which posted these moves:

TLRY Weekly $21-22 Calls
$21: .11-.58 (+427%)
$22:  .05-.29 (+480%)

Fresh Options Ideas:
PLUG Weekly $62-63 Calls
SPCE Weekly $31.50-32.50 Calls
SPY 01/19 $377-378 Calls 

Extended Watchlist:
OPMZ, KALY, PLYZ, EGOC, BLDV

Cannabis Stock Explosion in Progress

Aphria, Inc. APHA – Options Recap

Our sole point of focus in terms of fresh options plays in yesterday morning’s premarket report, was a tight range of calls in the APHA chain on the heels of the company’s earning report- the APHA Weekly $10-11 Calls to be exact. Despite a down day for the markets at large, we saw this cannabis stock buck the trend on the strength of increased price targets relating to the company’s impending merger with Tilray, Inc. TLRY, another pot stock with which we’ve had some experience in the past.

The gains on our target contracts for the day yesterday were quite impressive as you’ll see below, but based on the premarket activity we’re observing this morning, we expect the following ranges and total possible gains to explode at the open today.  Read on to find the expanded set of targets that we’re going to formulate for APHA for today and into next week.

APHA Weekly $10-11 Calls
$10: .70-2.25 (+221%)
$10.50: .40-1.70 (+325%)
$11: .28-1.20 (+329%)

As we said above, we expect those figures to increase today, and going forward we’re going to add the APHA Weekly $13-14 Calls, and the APHA 01/22 $15 Calls into our pool of tracked contracts. We’ll also include the TLRY Weekly $21-22 Calls just for good measure.

We’re also going to include a wide range of OTC-traded cannabis penny stocks to track below, as the legislative environment is about to shift dramatically toward favorable conditions for federal reclassification, and the business opportunities it will provide should be like nothing we’ve seen to date.

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Fresh Options Idea:
W 02/12 $340-335 Puts

OTC Cannabis Watchlist:
GRNH, TRTC, CNGT, CBMJ, HEMP, SGMD, KALY, GCAN, HMPQ, INQD, MJNA, CCAN, OWCP, UAMM, DKMR, AMMJ, SRNA, BUDZ