Recaps from the Short Week, Fresh Plays

Options Recaps: 

Our options idea for the TWTR chain from Thursday morning’s premarket report returned good intraday results despite the stock trending in the wrong direction. The markets were subdued on Thursday, but that also played well into the bearish ideas we had signaled in the two sessions prior. On Tuesday we signaled some puts in the KMX chain, and on Wednesday, we added JPM to the mix. In both cases, Thursday’s session brought new highs for us.

Our exact targets were the TWTR 04/14 $47-49 Calls, the JPM Weekly $129-127 Puts, and the KMX Weekly $105-97.50 Puts, and here are the updated figures on the moves we observed in those plays:

TWTR 04/14 $47-49 Calls
$47:
 .26-.84 (+223%)
$48: .16-.55 (+243%)
$49: .10-.35 (+250%)
_____

JPM Weekly $129-127 Puts
$129:
 1.51-3.83 (+154%)
$128: .92-2.97 (+223%)
$127: .67-1.93 (+188%)
_____

KMX Weekly $105-97.50 Puts
$105: 4.50-12.90 (+187%)
$100: 1.65-7.80 (+372%)
$97.50: .87-5.55 (+537%)


Fresh Options Ideas:
GXO 05/20 $55-60 Calls
SYF Weekly $37-39 Calls
BAC Weekly $36.50-37.50 Calls 


Extended Watchlist:
ETEK, ICNM, ARGQ, AMLH, NUGN, CASA, MDVL, NILE, ALACR, XELA, 

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,  

Options Review, Four Fresh Ideas

Options Review: 

This morning we’re going to start off by going over the options plays that worked out for us yesterday. We were tracking ideas in the TLRY and SPY chains that produced moderate, and excellent gains, respectively.

We were going after the TLRY Weekly $7-7.50 Calls, and the SPY 04/06 $448-446 Puts. and those plays did manage to record solid performances on the day as the markets were depressed on the session. While the Tllray calls only managed small moves, the SPY Puts exploded for huge multibsag runs.

TLRY Weekly $7-7.50 Calls
$7:
 1.06-1.45 (+37%)
$7.50: .80-1.18 (+48%)
_____

SPY 04/06 $448-446 Puts
$448: .55-2.80 (+409%)
$447: .27-1.91 (+607%)
$446: .14-1.20 (+757%)


Fresh Options Ideas:
CRMT 09/16 $75-85 Calls
CAG 04/08 $35-33 Puts
STZ 04/08 $237.50-232.50 Puts
LW 04/15 $60 Calls


Icon Media Holdings Inc. ICNM – OTC Recap:

To quickly update on the performance of an OTC stock we’ve been tracking in recent weeks, ICNM moved the needle yesterday as it ran from .0013 to .,0023 on the day.

That works out to an upswing of 77% and warrants further observation of the stock as it presses into blue skies.


Extended Watchlist: 
PRCX, NHLE, AWSI, RSHN, CGAC, SLDX, MNTS, HTGM, ERYP, MDVL,