Massive CHWY Options Gains, Fresh Ideas & More

Earnings Reporters Put Up Big Gains:

Our earnings related options ideas for the day panned out well for us yesterday, with some help from another fully bullish session for the markets at large. Stocks surged all day, and well-received earnings reports from our target companies did the rest.

We were zeroed in on the CHWY Weekly $26.50-28 Calls and the PSTG Weekly $25-26 Calls, with a much longer term idea with an August expiration in the Energizer chain, which we’ll circle back to in a future report.  Our quick-strike plays yielded some very nice opportunities for quick intraday profits, and those were as follows:

CHWY Weekly $26.50-28 Calls
$26.50:
 .72-3.00 (+317%)
$27: .56-2.51 (+348%)
$27.50: .44-2.15 (+389%)
$28: .30-1.82 (+507%)
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PSTG Weekly $25-26 Calls
$25: 1.95-4.30 (+121%)
$26: 1.45-3.60 (+148%)


Fresh Options Ideas:
LULU Weekly $300-307.50 Calls*
OKTA Weekly $106-108 Calls*
ASAN 06/17 $22.50 Puts

*Trading options contracts on their day of expiration is a high risk/high reward proposition which should only be attempted by experienced traders


Ggtoor, Inc. (OTCMKTS:GTOR) – Recap:

GGTOOR was a company that we profiled a few months back, citing the high potential of tournament gaming, the space in which the company operates. GTOR recently announced the signing of a deal that is potentially very lucrative, and as a result the price has gone through the roof. It will be “building” an entire virtual city complete with its own economy in the metaverse, with parcels selling for cryptocurrency.

Following our reports on GTOR the stock was trading for as little as ,012, and this week it has soared to a new high of .074. That works out to an increase of over 500% It will be interesting for us to see how much of those gains the stock can maintain and possibly add onto as it develops its new metaverse-based project, GGTOORCITY.


Extended Watchlist:
MGLD, EFOI, TCRT, AMLX, SOPA, TPTX, WSFT, AFIIQ, AERG, VRLL, MAXD

Solid Options Runners, Fresh Plays

Starting Off the Week on a High Note: 

We hopped back into the saddle to kick off the fresh trading week yesterday morning, and we certainly got off on the right foot. We offered three separate options trading ideas for our readers in our premarket report, The results that those returned were not earth shattering, but still, every single contrqact we signaled experienced respectable intraday moves.

Our areas of interest were the MRNS 04/14 $10-9 Puts, the PCOR 04/14 $60-65 Calls , and the PDD Weekly $44-46 Calls. As we mentioned above, the gains aren’t going to send anyone off to an early retirement, but they were more than sufficient for an honest day’s pay.

The trading ranges and total possible profits on those targets were as follows: 

MRNS 04/14 $10-9 Puts
$10:
 1.18-1.60 (+36%)
$9: .40-1.00 (+150%)
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PCOR 04/14 $60-65 Calls 
$60: 4.31-5.87 (+36%)
$65: 1.95-3.30 (+69%)
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PDD Weekly $44-46 Calls
$44: 1.39-2.28 (+64%)
$44.50: 1.34-2.00 (+49%)
$45: 1.14-2.00 (+75%)
$45.50: 1.09-1.75 (+61%)
$46: .33-.52 (+57%)


Fresh Options Ideas:
NKE Weekly $133-136 Calls
GDS 04/14 $40-35 Puts

BABA Weekly $110-113 Calls


Extended Watchlist:
DPRO, SMFL, TRKA, PALI, ENSV, JPEX, ETCG, DUTV, MAXD, ICNM, KYNC

OTC Runners, Fresh Options Plays

Solid OTC Runners: 

First thing’s first this morning, we are going to be going over the continued excellent performances of a couple of OTC plays we’ve been tracking.

In the case of CYBL, a quick scan of our symbol archives reveals that we’ve been repeatedly mentioning it all summer long. In recent weeks it has been on an especially bullish run and registered an impressive new high yesterday.

On TONR, regular readers will recall our just having provided an update on its movements last week, and we find ourselves faced with reporting yet another new high there as well.

CyberLux Corp. CYBL
Initial Alert: July. 16th

Range: .0069-.0374
Gained: +442%
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Tonner-One World Holdings, Inc. TONR
Initial Alert: Sept. 15th

Range: .0009-.0034
Gained: +278%


Options Reviews: 
SPY 09/22 $436-438 Calls
DBI 10/15 $10-15 Calls
WMS 10/15 $105-110 Calls 


Extended Watchlist:
NNVC, RWLK, VRDN, BKYI, HLBZ, ILUS, TGGI, ICOA, VBHI, JPEX, PJET, IFAN, LPPI, TFBN, MAXD