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, 

Continuing to Play the SPY & More

Large Options Gainers: 

Our first order of business this morning is to go over the SPY Puts from yesterday morning’s premarket report which flourished with the help of a significantly down day for the markets at large. We played SPY calls the previous day that worked out, and today we’ll flip right back to calls as the markets appear ready to head up once again. The SPY is our favorite market analog for daytrading, and perhaps now some of you may have a better idea as to why.

Yesterday’s successful targets were the SPY 04/11 $446-444 Puts and we’ve also got a new high in the LW 04/15 $60 Calls we’ve been tracking. so here are the figures on all of those, and be sure to read on below to find our fresh SPY targets for today so we can keep this train rolling!

SPY 04/11 $446-444 Puts
$446: 
2.00-7.15 (+258%)
$445: 1.48-5.59 (+278%)
$444: 1.07-4.55 (+328%)
_____

LW 04/15 $60 Calls
$60: 3.50-6.90 (+97%)


Fresh Options Ideas:
SPY 04/12 $441-444 Calls
KMX Weekly $105-97.50 Puts


Kona Gold Beverage, Inc. KGKG – Recap: 

KGKG has been appearing in our daily extended watchlists regularly since early last month, and our reasons for tracking it so heavily have become readily apparent over the past several sessions. The stock saw a low of .0051 subsequent to our initial alert, and has been on a steady climb essentially through the entire month of April. Yesterday KGKG set a new high of .0299, which marks an exceedingly excellent move of 486%


Extended Watchlist:
ETEK, IGEX, NUGN, PTAM, PDPG, SEII, LFAP, BCDA, PTE, ATNM, BDSX, AGLE, CYCC

Reviewing Friday’s Winners, Fresh Plays

Recapping Friday’s Runners: 

As our regular readers should know, we focus a lot on quick-strike trading ideas for the SPY, and in typical fashion, we played the SPY successfully quite a bit last week. We hashed out some fresh single-session ideas for it on Friday morning in our premarket report, along with some calls for this week in the WDFC chain.

Both of those sets of targets produced solid results on the day with help from the bullish market performance, which peaked shortly after midday. We were able to observe some multi-bag runs in our SPY calls, and some more modest yet still solid moves from the WD-40 Company.

Those trading ranges and total possible gains were as follows: 

SPY 04/08 $448-449 Calls
$448:
 .74-2.90 (+67%)
$449: .50-2.10 (+312%)
_____

WDFC 04/14 $190-200 Calls
$190: 6.65-10.60 (+60%)
$195: 4.11-7.00 (+67%)
$200: 1.51-4.40 (+312%)


Fresh Options Ideas:
SPY 04/11 $446-444 Puts
SHAK 06/17 $65 Calls 


1812 Brewing Company, Inc. KEGS – News Update:

We also have got another PR update on KEGS this morning, focusing on the execution of the next phase of its plan to clean up the share structure of the company. Last week we passed along the report that KEGS would be undergoing a large reduction in its authorized shares, and this morning, we see that the CEO will be retiring a half a billion common shares from his own holdings.

It’s refreshing to see a company that is so committed to creating shareholder value, and a more attractive prospect for new investors as well. KEGS is on the right track toward marked improvement, and we’ll be along for the ride, monitoring the situation as it continues to unfold.

Watertown, NY, April 11, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) announced that it has agreed to cancel five hundred million (500,000,000) common stock shares held by its CEO, Tom Scozzafava.  Further, the CEO stated that he could retire or exchanging as many shares that he owns to help increase overall shareholder value regardless.  “My interest is in the long-term viability and growth of the Company, and I am committed to doing what is in the interest of just that.” (>>View Full PR)


Extended Watchlist:
HMLA, KGKG, HMBL, IGEX, NICH, SBES, NUGN, HOTH, IVDA, VERU, GNCA