Options Success, Bottom Watch Play

SPY Options Review

Yesterday morning, we went bearish on the markets as a whole, signaling the SPY 09/09 $340-338 Puts for observation in our premarket report. Our hunch on the daily direction of the wind proved solid, as the contracts in our designated range produced healthy intraday runs.

Here are the moves and total possible gains we witnessed there:  

SPY 09/09 $340-338 Puts
$340
: 3.94-7.59 (+93%)
$339: 3.30-6.78 (+105%)
$338: 2.75-6.00 (+118%)
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Fresh Options Ideas: 
KOD 10/16 $45-50 Calls
LULU Weekly $340-335 Puts 


Akabia Therapeutics, Inc. AKBA

We took notice of AKBA this morning because of the intriguing setup of the chart. The company had a bad clinical report recently and fell off of an absolute cliff. We want to place this on bottom watch and observe closely over the next several sessions.

There is a massive gap to the upside that you could drive a truck through, so we’re going to be anxious to see when the stock will move to fill some of that gap.


Extended Watchlist:
NKLA, SPCE, CODX, BASA, ZNOG, IJJP

ADMQ News Update

ADM Endeavors Inc. ADMQ –  News Update

The first thing we want to do this morning is provide an update on ADMQ, a stock that was the subject of a special report we put out on July 22nd. If you didn’t catch that detailed profile, we suggest you click here to read up on the company.

For starters, ADMQ has made a very nice move up the chart for us since our special report. The stock has since made a run from a low of .032 and reached a high of .06. That works out to an upswing of 88%

We also wanted to share the fresh PR released by the company alluding to the adoption of a new process to take its printing game to the next level:

FORT WORTH, Texas, Aug. 05, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce it is now offering Sublimation.  That means full color high resolution printing that transfers a design into the fibers of your T-shirt or mask or backpack and not simply “printed on top.”  With Sublimation, the design simply cannot be felt by touch. (>>View Full PR)

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Interested in More Information on ADMQ?
Please visit ADMEndeavors.com
or contact Peter Nicosia at (585)703-6565



Options Recaps

We also wanted to report the first day’s worth of gains managed by the options ideas we offered up in yesterday’s premarket report:

NKLA Weekly $37-38 Calls

$37: 2.71-4.75 (+183%)
$38: 2.25-4.21 (+12/%)
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TTWO Weekly $170-175 Calls
$170: 2.12-4.11 (+183%)
$172.50: 1.50-2.88 (+12/%)
$175: 1.00-1.88 (+12/%)
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Fresh Ideas: 
DIS Weekly $122-124 Calls
MNST Weekly $80-82 Calls


Solid Options Gainers

Options Winners

Yesterday’s premarket report was all about the huge options gains (Up to 8000%+) that we saw in our SPY calls from Friday, and as we usually do, we targeted some more fresh ideas to start off the week.

Our success continued to blossom with all three of our selections producing multi-bag opportunities on the day.

MCK Weekly $152.50-155 Calls
$152.50: 
2.91-8.23 (+183%)
$155: 2.68-6.10 (+12/%)
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GPN 08/21 $180-190 Calls
$180:  4.00-8.40 (+110%)
$185: 3.97-6.30 (+59%)
$190: 1.76-3.25 (+85%)
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SPY 08/03 $328-329 Calls
$328: .71-1.69 (+138%)
$329: .30-.86 (+187%)


Resort Savers, Inc. RSSV 

Also in yesterday morning’s report, we tagged OTC play RSSV for observation. We have found a lot of solid chances to gain with penny stocks in recent months, and RSSV is the latest double-bag winner.

From a low of .23, the stock reached a high of .565, which works out to an intraday gain of 146%


Fresh Options Ideas:
TTWO Weekly $170-175 Calls
NKLA Weekly $37-38 Calls

Extended Watchlist:
BLDP, PLUG, RLFTF, UNGS, XTRM, IPIX, UNGS, MEDH