Closing Out a Short Yet Sweet Trading Week

Wednesday’s Options Runners:

We were running a little light yesterday with regard to the slate of earnings reporters from which we had to choose some daily options plays, but that didn’t stop us from producing a pair of solid runners on the day in our premarket report. Both of the ideas we ventured possible targets in, recorded some significant intraday movement for us in a positive direction.

Our areas of interest were the SMPL 04/21 $40-35 Puts, and the DLO 04/21 $16-15 Puts, and while the potential gains they produced weren’t life-changing, they were certainly very respectable, as they put up the following figures for the session:

SMPL 04/21 $40-35 Puts
$40:
 3.30-4.50 (+36%)
$35: .30-.75 (+150%)
_____

DLO 04/21 $16-15 Puts
$16:
 1.32-3.70 (+180%)
$15: .65-3.00 (+362%)


Fresh Options Ideas:
STZ Weekly $220-225 Calls*
LEVI 04/21 $18 Puts
LW 04/21 $105 Calls
BA 05/05 $220-210 Puts

*We do not recommend you try to trade options on their day of expiration unless you are an experienced trader with access to disposable funds. 



Extended Watchlist:
YVR, OCTO, AMC, MCOM, GRRR, HCNWF, MONI, AABB, MASN

Continuing to Play the SPY & More

Large Options Gainers: 

Our first order of business this morning is to go over the SPY Puts from yesterday morning’s premarket report which flourished with the help of a significantly down day for the markets at large. We played SPY calls the previous day that worked out, and today we’ll flip right back to calls as the markets appear ready to head up once again. The SPY is our favorite market analog for daytrading, and perhaps now some of you may have a better idea as to why.

Yesterday’s successful targets were the SPY 04/11 $446-444 Puts and we’ve also got a new high in the LW 04/15 $60 Calls we’ve been tracking. so here are the figures on all of those, and be sure to read on below to find our fresh SPY targets for today so we can keep this train rolling!

SPY 04/11 $446-444 Puts
$446: 
2.00-7.15 (+258%)
$445: 1.48-5.59 (+278%)
$444: 1.07-4.55 (+328%)
_____

LW 04/15 $60 Calls
$60: 3.50-6.90 (+97%)


Fresh Options Ideas:
SPY 04/12 $441-444 Calls
KMX Weekly $105-97.50 Puts


Kona Gold Beverage, Inc. KGKG – Recap: 

KGKG has been appearing in our daily extended watchlists regularly since early last month, and our reasons for tracking it so heavily have become readily apparent over the past several sessions. The stock saw a low of .0051 subsequent to our initial alert, and has been on a steady climb essentially through the entire month of April. Yesterday KGKG set a new high of .0299, which marks an exceedingly excellent move of 486%


Extended Watchlist:
ETEK, IGEX, NUGN, PTAM, PDPG, SEII, LFAP, BCDA, PTE, ATNM, BDSX, AGLE, CYCC

Closing Out a Fruitful Trading Week

Options Recap: 

We offered up a good mix of options ideas in yesterday morning’s premarket report, most of which worked out for us. We’ll leave out the September calls we signaled in CRMT because that idea is going to take a little time to mature, but the other three plays we highlighted turned in solid performances on the day.

We were looking at the CAG 04/08 $35-33 Puts, the STZ 04/08 $237.50-232.50 Puts, and the LW 04/15 $60 Calls. and got some pretty good intraday movement there.

CAG 04/08 $35-33 Puts
$35: .55-.85 (+54%)
$34: .19-.30 (+58%)
$33: .08-.15 (+88%)
_____

STZ 04/08 $237.50-232.50 Puts
$237.50: 2.00-8.57 (+329%)
$235:
 3.50-10.50 (+200%)
$232.50: 6.19-13.50 (+118%)
_____

LW 04/15 $60 Calls
$60: 3.50-6.05 (+73%)


Fresh Options Ideas:
SPY 04/08 $448-449 Calls
WDFC 04/14 $190-200 Calls
RH 05/13 $360-370 Calls 


Sunshine Biopharma, Inc. SBFM – Review:

We tagged SBFM for observation in our extended watchlist on Tuesday morning, at which time we observed the stock trading for as little as 4.86/share. After an after-hours surge, the stock0 has now traded for as much as 12.45. That works out to a three-day swing amounting to 156% for this NASDAQ play.


Extended Watchlist: 
CYBL, KGKG, ENGA, IGEX, SEII, TPTW, TIPS, MDVL, BWV, ATER, NDRA, BFRI,