SUNW News & More

SPDR S&P500 (ETF) SPY – Options Recap

Yesterday morning. the sole fresh options idea we came up with in our premarket report was pertaining to the SPY. Despite the markets tanking a couple of hours prior to the close as the possibility of further coronavirus stimulus in 2020 grew more remote on comments from the White House, our targets, the SPY Weekly $340-341 Calls fared very well for the first two-thirds of the session.

Here are the total possible gains that were made from the open until about 2PM:

SPY Weekly $340-341 Calls
$340: 2.46-3.97 (+61%)
$341: 1.82-3.34 (+84%)
____

Fresh Options Ideas
LEVI 10/16 $16-18 Calls
LW 10/16 $70-75 Calls 


SunWorks, Inc. SUNW

The last time we highlighted SUNW was a couple of weeks back on September 24th as part of a focus we did on solar plays. That day, the stock came right out of the gate with a huge run from 3.30-8.50 (+158%).

After that amazing run, the stock consolidated down to a low of 1.88 and as of premarket trading this morning it has reached 5.19, with a big piece of breaking news this morning that you can find below. We’ll definitely continue to keep our eyes on SUNW, as it exhibits just the type of volatile activity that we’re always after.

ROSEVILLE, Calif., Oct. 07, 2020 (GLOBE NEWSWIRE) — Sunworks, Inc. (NASDAQ: SUNW) (“Sunworks”), a provider of solar power solutions for agriculture, commercial and industrial (“ACI”), public works and residential markets, today announced that the company signed $10 million in new commercial and agriculture projects in the third quarter, marking its strongest quarterly booking activity since the beginning of the COVID-19 pandemic in early 2020. The sales are comprised of 19 existing and new customers and total more than 4.4 MW for installation. (>>View Full PR)


Extended Watchlist:
ABCE, CBBT, ETFM, OPTI, TLSS, DSGT, FPVD,

2nd & 3rd Thousand Percent Gainers of the Year!

Inpixon INPX

We’re circling back this morning to update the new highs that we got from INPX on Friday. We were just mentioning in the premarket that morning, we have been tracking the stock since our report on 12/02. subsequent to which time we would observe a low of .037.

Friday’s new high came in at .65, which marks an incredible increase of 1657% in just over a month since our initial alert! The move registered as the second highest daily gainer on the NASDAQ for Friday, and the second thousand percent gainer we’ve delivered for our newsletter subscribers for the New Year!


Lamb Weston Holdings, Inc. LW – Options Recap

Speaking of thousand percent gainers, we also bagged our third of 2020 with our fresh options idea from Friday morning’s report! We put the Lamb Weston Holdings, Inc. LW 01/17 $85-90 Calls on watch, and the single session gain opportunities were excellent, including a twelve-bagger!

The $85 Calls ran from 1.76-9.30 for total gains of up to 428%, while the $90 Calls exploded from a low of .35 all the way up to 4.80. That goes down as an awesome intraday run of 1271%
____

Fresh Idea:
Cal Maine Foods, Inc. CALM Weekly $39-37.50 Puts 


Other Recent Gainers:

We alerted on ContraFect Corp. CFRX in our report from December 17th, and the stock has gone on to record a move from .38-.75 (+97%).

We put Cassava Sciences, Inc. SAVA on Thursday morning, and it finished the week with a two-day swing from 6.25-10.95, a gain of 75%


Extended Watchlist:
FCEL, DMPI, NDRA, AUMN, LODE, GNPX, PULM

OWCP Keeps Rolling & More

Inpixon INPX – Review

On December 2nd, we included a mention of INPX in our premarket report, and after searching out its bottom for roughly week following that report, the stock reversed and has been soaring ever since.

In the exactly one month since our alert on this stock, we have now witnessed it trade in a range from a low of .037 up to yesterday’s incredible new high of .39, for an increase of 954%. Its performance was the single biggest daily gainer on the NASDAQ yesterday.


OWC Pharmaceutical Research Corp. OWCP – Update

We keeping having to come back, around to OWCP pretty much every day this week, because this bullish stock continues to set new high marks for us!

As we were just mentioning yesterday, our initial alert came in at .028 the day after Christmas, and after repeatedly setting new highs, yesterday the stock reached a very impressive .1539. That works out to an overall rise of 450% in just one week’s time.


Fresh Options Ideas:
Lamb Weston Holdings, Inc. LW 01/17 $85-90 Calls
Jefferies Financial Group, Inc. JEF 01/17 $20-22 Calls 


Extended Watchlist:
ZN, CEI, CREG, VAL, NOG, HSDT, PDS, TRNX, ROYT

Blue Horseshoe Stocks: PULM Review & More

Pulmatrix, Inc. PULM

The first thing we want to talk about this morning is the recent performance of a stock we tagged for observation roughly three weeks ago on the 11th of March. PULM was under consolidation in the sessions that followed, and over the past week, has really blossomed into a solid runner.

From its recent low of 1.05, the stock has risen as high as 3.01, which marks an increase of 187% PULM was trading above $4 just a few months ag0. We’ll continue to monitor to see if the stock can recover the rest of its lost ground.


FRESH OPTIONS IDEAS

Walgreens Boots Alliance WBA – Here we would like to signal a range of puts in the WBA chain on the heels of the company’s whiff on Q2 earnings expectations, and slashed guidance. Our targets this midweek are going to be the WBA Weekly $59-57.50 Puts, which may be helped along by a lackluster February Durable Orders report this morning.
_____

Cabot Corp. CBT – In this case, we simply like the technical setup of the chart. If CBT makes the kind of rebound it appears to want to make, we are going to see some solid opportunities out of the CBT 05/17 $40 Calls.


Extended Watchlist:
AMPG, SGMO, RIOT, XNET, SOLO, LW, KEP

Get Our FREE Daily Reports!