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%)
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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


Key Options Winners

Options Review

Good day traders, we’re kicking off another exciting week of speculation, but first we want to report back on the potential gains from the group of varied options ideas we included in Friday morning’s premarket report.

Those ideas included potential strikes in the BYND, BA, and MSFT options chains, and we saw some nice moves from our bearish and bullish targets alike. Here’s the rundown of what worked, and how well: 

BYND Weekly $150-149 Puts
$150
: 1.03-4.00 (+288%)
$149: .81-3.00 (+270%)
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BA Weekly $167.50 Calls
$167.50: .82-3.70 (+351%)
_____

MSFT Weekly $202.50-205
$202.50: 1.95-3.15 (+62%)
$205: 1.33-2.30 (+73%)
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Fresh Options Ideas:
SPY Weekly $324-325 Calls
AAPL 10/09 $105-106 Calls


iBio, Inc. IBIO

We have identified an attractive chart setup on IBIO, a stock we have had some experience with in the past.

Coming off of a recent bottom, there’s a good amount of room for the stock to run, so we’re going to place it on watch as a possible longer-term recovery play.


Extended Watchlist:
NXMR, HDII, RAFA, MSSV, MTPP, NMTC

Multiple Fresh Options Plays

Options Review

Our primary focus in yesterday’s report was on a few sets of bearish options ideas, and with the markets indeed tacking on losses, we were able to witness some pretty solid intraday gain opportunities. We were looking at the chains the SPY, AAPL, and NKE, and in each case, our interests exhibited big moves.

Here’s a rundown of the single session gain possibilities we observed in those various targets:

SPY Weekly $335-333 Puts
$340
: 1.70-4.62 (+172%)
$341: 1.37-4.00 (+192%)
$342: 1.14-3.44 (+202%)
_____

AAPL Weekly $111.25-108.75 Puts
$340: 1.09-2.85 (+161%)
$341: .70-2.10 (+200%)
$342: .45-1.47 (+3372%)
_____

NKE Weekly $118-117 Puts
$118: 3.90-5.09 (+31%)
$117: 3.28-4.70 (+43%)


Fresh Options Ideas: 

BYND Weekly $150-149 Puts
BA Weekly $167.50 & 10/02 $175 Calls
MSFT Weekly $202.50-205 & 10/02 $210-215 Calls


Extended Watchlist:
TOMI, SOLS, SSOF, ATVK, FHBC, GHHC

Big Winners, More New Ideas

iBio, Inc IBIO – Update

It was just this past Thursday morning that we were mentioning our great success in tracking IBIO to multibag gains, beginning when we first highlighted it as a potential coronavirus play on March 17th. We subsequently observed a low of .76, and as of our followup last week, it had produced an increase of over 400%

That was before yesterday, in which IBIO took the #3 top gainer spot on the NASDAQ, and broke out to yet another impressive new high of 7.43. That extends the gain we’ve seen on this play since our initial alert to a mammoth 878%  Even as other stocks representing COVID-19 vaccine candidates have been flagging of late, IBIO has continued its impressive uptrend, and we’re excited to see where it goes from here.


Microsoft Inc. MSFT

One of our options ideas from yesterday morning’s report fared quite well during the session, and based on the way things look in the premarket today, we expect to see further increases in our target contracts.

Those were the MSFT Weekly $205-210 Calls and they got off to a really good start with some solid intraday gains: 

MSFT Weekly $205-210 Calls
$205: 6.70-11.30 (+69%)
$207.50: 5.65-10.10 (+79%)
$19: 4.75-8.75 (+84%)

We also want to roll up to include the MSFT Weekly $212.50-215 Calls in our watchlist.
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Fresh Options Ideas:
PM Weekly $74.50-76 Calls
LMT Weekly $370-380 Calls
IBM Weekly $130-132 Calls
PLD 08/21 $100-105 Calls


Rising Biosciences, Inc. RBII

Another mention from yesterday morning’s premarket report was RBII, and that too exhibited a very nice move on the day.

We have been bringing some of our focus back to OTC stocks quite a bit more in 2020, and this is another in a growing line of solid calls on that front. The stock traded from a low of .003 mand went on to hit .0068, for an intraday rip of 127%


Extended Watchlist:
SBFM, GOVX, TTCM, VRUS, CYDY

Recent Successes, New Ideas

Virgin Galactic Holdings, Inc. SPCE – Review

To kick things off this week, we are first going to highlight the fantastic performance of the options targets we selected in the Virgin Galactic chain in Thursday morning’s premarket report. We signaled the SPCE Weekly $18-19 Calls, and while we had already witnessed multibag runs, all three sets in our designated range pushed the envelope on Friday.

The following ranges are two-session gains from Thuirsday’s low to their new Friday highs, and the total possible profits that were on the table over that span:

SPCE Weekly $18-19 Calls
$18: 1.28-6.55 (+412%)
$18.50: .86-5.95 (+592%)
$19: .62-5.64 (+809%)

We had also added the SPCE Weekly $22-22.50 Calls to our watchlist on Friday morning, and those plays also produced significant gain opportunities on the day, which were as follows:

SPCE Weekly $22-22.50 Calls
$22: .66-2.75 (+317%)
$22.50: .52-2.25 (+333%)


Novavax, Inc. NVAX

It was less than two weeks ago on the morning of the 8th, that we highlighted our coverage of NVAX beginning in May, and lauded the highs that the stock had reached in that time. The stock had run from our observed low in May of 36.08 to an impressive 111.77 (+210%).

Following another week of solid sessions, one after the other, NVAX has now reached an incredible new high of 144.54. That works out to an increase of 301% in a shade over two months! Even those who had only caught our update on July 8th, could have caught NVAX as low as 93.48. From that point, Friday high comes to an upswing of 47%


Vystar, Inc. VYST

VYST is an OTC stock we caught for some really nice gains in the spring and recently tagged again in our report on July 9th. Shortly thereafter we watched as VYST ran from .0178 to a new high of .044 on Friday. That’s a gain of 147%

Like many OTC plays we’ve recently been attracted to, this one has made multiple distinct and noteworthy moves.


Fresh Options Idea: 
HAL Weekly $13-13.50 Calls
MSFT Weekly $205-210 Calls


Extended Watchlist:
PASO, BYOC, RBII, LQWV, AITX

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