Closing Out a Week of Mega Gains!

MRNA, SPOT Recaps 

Another day, another set of solid options ideas scoring intraday gains! We formulated some fresh quick-strike ideas in the MRNA, and SPOT chains yesterday morning, and the results that were returned were rather impressive.

Our specific weekly targets were the, MRNA Weekly $66.50-68 Calls and the SPOT Weekly $267.50-262.50 Puts. We saw remarkable multibag intraday rips in both chains.


MRNA Weekly $66.50-68 Calls
$66.50
: 1.23-7.20 (+485%)
$67: 1.33-7.05 (+430%)
$67.50: .95-6.40 (+574%)
$68: .69-5.50 (+697%)
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SPOT Weekly $267.50-262.50 Puts
$267.50: 8.58-18.80 (+119%)
$265: 6.98-17.06 (+144%)
$262.50: 6.18-13.65 (+121%)
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Fresh Options Ideas*:
SPY Weekly $327-328 Calls
ABBV Weekly $81-82.50 Calls
AAPL Weekly $113-111 Puts
GOOG $1660-1680 Calls

*Do not trade options with a weekly expiration on a Friday unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
BRTXQ, INNO, PHBI, DSGT, IINX

Huge Options Gainers & More

Marijuana Company of America, Inc. MCOA – News 

We’re swinging back for another news update on MCOA this morning for the second time this week. We like the company’s drive and dedication to its recent changes in focus which we began highlighting in a special report last week (>>Read Our MCOA Report). In that space of time, we’ve learned more about the company’s strategic partnership with Cannabis Global (CBGL) with the aim of further developing the HempSmart brand.

This morning, we’ve learned that MCOA will once again move to promote and grow the HempSmart name through a series of big weekly sales for the remainder of the calendar year.

ESCONDIDO, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) — MARIJUANA COMPANY OF AMERICA INC. (OTCMKTS:MCOA), an innovative hemp and cannabis corporation, is pleased to announce today the launch of a series of promotional campaigns, where “Every Friday is Black Friday, at HempSmart” … Every Friday, a new special product package will be promoted and offered until the end of the year. (>>View Full PR)



Options Review

We also need to go over the intraday performances of the options ideas we formulated in yesterday morning’s premarket report, which was a mix of bearish and bullish plays.

We had the SNE Weekly $79-80.50 Calls, the MSFT Weekly $210-205 Puts, and the MA Weekly $307.50-302.50 Puts, and we scored multibag hits in every range we were tracking.

SNE Weekly $79-80.50 Calls

$79: .40-3.20 (+700%)
$79.50: 1.02-2.50 (+145%)
$80: .80-5.23 (+554%)
$80.50: .70-1.95 (+179%)
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MSFT Weekly $210-205 Puts
$210: 3.50-8.00 (+129%)
$207.50: 2.09-6.01 (+188%)
$205: 1.11-4.10 (+269%)
_____

MA Weekly $307.50-302.50 Puts 
$307.50: 9.63-16.20 (+68%)
$305: 7.35-14.43 (+96%)
$302.50: 5.85-11.95 (+104%)


Fresh Options Ideas:
MRNA Weekly $66.50-68 Calls
HOME 11/20 $23-24 Calls
SPOT Weekly $267.50-262.50 Puts


Enormous Options Gains

Continued Options Success

In our morning report on Friday, we offered up four different options trading targets, and saw sizable gains in every single set. It capped off a fantastic week of options plays for us, and we’re going to kick this week off by highlighting the moves that were made.

UBER Weekly $31-33 Calls 
$31: .75-1.95 (+160%)
$31.50: .42-1.48 (+252%)
$32: .16-.99 (+519%)
$32.50: .04-.55 (+1275%)
$33: .03-.26 (+767%)
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OSTK 05/15 $16-17 Calls
$16: 1.11-2.00 (+80%)
$16.50: 1.25-1.80 (+44%)
$17: .95-1.60 (+68%)
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ROKU 05/15 $124-126 Calls 
$124: 3.42-9.21 (+169%)
$125: 2.39-8.43 (+253%)
$126: 1.95-7.62 (+291%)
_____

SPY Weekly $295-294 Puts
$295: 
3.02-4.12 (+36%)
$294: 2.10-3.13 (+49%)
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We also had MRNA stack up some really impressive gains following our alert on the Weekly $53.50-55 Calls in Thursday morning’s premarket report.

MRNA Weekly $53.50-55 Calls
$53.50: 
.71-6.00 (+745%)
$54: .60-5.80 (+867%)
$54.50: .54-5.09 (+842%)
$55: .38-4.70 (+1137%)


AMC Entertainment Holdings Inc. AMC – We’re going to add a new idea to our existing one on AMC. We signaled the AMC 06/19 $4 Calls a couple of weeks ago, and we expect the gains we’ve already seen there to jump a lot higher today. The addition we’re going to make is to track the AMC 05/15 $6-7 Calls as well following the rumors of a potential buyout by Amazon.
_____

Fresh Ideas: 
CAH Weekly $52.50-54 Calls & 06/12 $55.50-56.50 Calls 
MYL Weekly $18-19 Calls 
MAR Weekly $86.50-85 Puts


Extended Watchlist:
CPE, SPCE, QDEL