Multiple Key Updates & Big Runners

Medigus, Ltd. MDGS – News Alert:

We’ve got more fresh news hitting the wires this morning from MDGS. One of the things we like best about the company is the frequency with which it communicates with its shareholders.

Today’s release pertains to the hiring of an advisory firm to guide Polyrizon, in which Medigus is a stakeholder, toward FDA approval for its nasal gels which are preventative against viruses, including COVID-19 and the flu.

Tel Aviv, Israel, Oct. 22, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that Polyrizon Ltd., (37.01%), that it has engaged with a full-service Contract Research Organisation (CRO), to advise the Company in its pursuit of Food and Drug Administration (FDA) submission for its products. (>>View Full PR)


Watchlist Updates: 

We typically encourage our readers to keep track of not only the featured items in our daily reports, but our ‘Extended Watchlists’ as well. They often include hidden opportunities waiting to be unearthed.

Such was the case yesterday with DWAC, which was included in our premarket report before exploding from a daily low of 12.62 up as high as 52.00. That works out to an intraday run of 312%  Our overall observed range has increased already this morning with a premarket high of 93.43, which marks a rise of 640%

We also signaled MGTI on Monday morning, and it has posted a solid intraweek performance thus far. The stock came up from a low of .041  to a high of .064, an increase of 58%


Options Recap: 

Last but not least, we went three for three on options ideas in yesterday’s report, which provided the following intraday gain opportunities for our readers:

CSX Weekly $34-36 Calls
$34: 
1.30-1.84 (+42%)
$35: .45-.90 (+100%)
$36: .05-.24 (+380%)
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BX Weekly $130-133 Calls
$130: 2.50-4.83 (+93%)
$131: 1.69-3.67 (+117%)
$132: .93-3.05 (+228%)
$133: .72-2.32 (+222%)
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T Weekly $25.50-26.50 Calls 
$25.50: .20-.34 (+70%)
$26: .15-.36 (+140%)
$26.50: .05-.11 (+120%)
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Fresh Options Ideas: 
STX Weekly $82.50-85 Calls
AXP Weekly $177.50-182.50 Calls


Extended Watchlist:
PHUN, CRTD, GROM, DATS, CZNI, SEGI, TONR, ASTI, NSAV, CIVX, CAGC

Closing Out Another Excellent Trading Week

Solid Options Sweep: 

We posted another clean sweep on options ideas in yesterday’s premarket report, offering up a pair of fresh ideas, and knocking them both out of the park with multi-bag gain opportunities on the day!

We were specifically targeting the DRI 10/15 $155-160 Calls and the ACN Weekly $337.50-342.50 Calls,  on the heels of the companies’ earnings reports. Despite being in a relative down-period for earnings reporters, we have been able to work with what we’ve got.

Here are the total possible intraday gains that were on the table for those ideas yesterday:

DRI 10/15 $155-160 Calls
$155: 5.00-10.22 (+104%)
$160: 1.85-6.70 (+262%)
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ACN Weekly $337.50-342.50 Calls
$337.50: 2.63-7.30 (+178%)
$340: 1.40-5.40 (+286%)
$342.50: .90-3.00 (+233%)


Eargo, Inc. EAR – Bottom Watch: 

We’re also looking at a possible long term recovery play in EAR, which got severely beaten up yesterday with a major gap-down. It may end up being a decent bottom play for the stock itself but we’re going to signal a longer-term options idea to track as well, in the EAR 11/19 $7.50-10 Calls.


Fresh Options Ideas: 
NKE Weekly $155-152.50 Puts*
COST Weekly $452.50-457.50 Calls*
SKX Weekly $48-46 Puts*

*Do not attempt to trade options contracts on their day of expiration unless you are an advanced level trader with access to disposable funds


Extended Watchlist:
ILUS, FERN, NSAV, CFGX, BANT, INTV, NOUV, PRMO, NBRI, ZIVO, CAPR, VTVT, UFAB

Perfect Sweep on Options, Fresh Ideas

Hot Options Runners:

We got right back into the swing of things with potential options trades yesterday morning. Our premarket report contained a trio of fresh earnings-related ideas, and we hit the trifecta, with each and every one of our targets producing huge multibag moves on the day. It’s a uniquely satisfying, yet quite common event around here for us to hit on every idea we formulate on a given day.

Our contracts of interest in this case were the PANW Weekly $400-415 Calls, the PDD Weekly $89-92 Calls, and the BBY Weekly $116-119 Calls. We were very pleased with each and every move we observed in those designated ranges, which all gave traders ample opportunities to reap quick profits.

PANW Weekly $400-415 Calls
$400:
 20.01-46.03 (+130%)
$405: 14.94-42.00 (+181%)
$410: 15.13-36.86 (+144%)
$415: 12.06-31.58 (+162%)
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PDD Weekly $89-92 Calls
$89:
 3.89-10.70 (+175%)
$90: 3.35-10.19 (+204%)
$91: 2.93-9.15 (+212%)
$92: 3.08-8.40 (+173%)
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BBY Weekly $116-119 Calls
$116: 2.30-8.00 (+248%)
$117: 1.73-6.80 (+293%)
$118: 1.41-6.20 (+340%)
$119: 1.09-5.23 (+380%)


Fresh Options Ideas: 
AMC Weekly $44-46 Calls
DKS Weekly $122-130 Calls
KC 09/17 $30-35 Calls 


Extended Watchlist:
LWAC, CPOP, SPRT, RGC, ASTC, BRBL, NSAV, LTNC, SKYF, FMCC, FNMA, VIZC, VXIT, BMIN