Todos Medical, Ltd. TOMDF
The see-saw of market volatility persists with no end in sight. Traditional investing has become a fool’s errand in many, if not most, cases. The kind of opportunistic short term trading that we do is relatively intact, with the right targets and scenarios.
In this case, we caught TOMDF’s coronavirus news in the premarket yesterday, stating that the company had secured distribution agreements for testing kits in both the US and Isreal. After including it in our extended watchlist, the stock managed a very nice intraday gain. It traded up from a low of 0413, and reached a high of .08, which works out to an intraday upswing of 94%
While we do focus primarily on quick strike opportunities, it’s also worth it to mention a few plays that represent products and services that are high demand at the present time due to the fallout from COVID-19. If the report from the UK’s highly respected Imperial College is accurate, this global health crisis is only in its beginning stages, and will get much, much worse in the months ahead.
While neither these, nor any other plays are “corona-proof”, the effects may weigh less heavily on these stocks and those like them:
CPB, APRN, CLX, GIS, PG
MATN, ZOOM, DECN, PCTL, NBDR, IPIX, GNPX, GNBT
Beyond Meat, Inc. BYND – Update
On Wednesday morning, we put a few options ideas on the radar in our premarket report, for the BYND chain. We signaled some weekly sets as well as one that expires at the end of next week. Our specific ideas were the BYND Weekly $86-88 Calls & 01/24 $95 Calls.
Despite a down day for the markets, BYND continued its impressive run, just in terms of the stock itself, which made a move from 81.16-97.90 between Wednesday and Friday. That alone works out to a modest, yet notable, increase of 21%, a figure which is rising as we speak, having breached $100 here in the premarket.
The moves produced by the calls we highlighted also enabled some fantastic gain opportunities for ourselves and our readers:
BYND Weekly $86-88 Calls
$86: 1.43-12.30 (+760%)
$87: 1.42-11.50 (+710%)
$88: 1.24-10.45 (+743%)
BYND 01/24 $95 Calls
$95: .85-7.15 (+741%)
ContraFect Corp. CFRX
CFRX, which we signaled for observation in our report from December 17th, has continued the impressive run it has been on ever since our initial alert.
We witnessed shares changing hands for as little as .38 and the progress it has made is really great. On Friday, the stock registered a new high of 1.15, representing a roughly three-week upswing of 203%
DMAN, PCTL, HENC, GGSM
PCT Ltd. PCTL
We have been hot on the trail of PCTL for nearly a month now, and the progress this OTC play has made in that time span has been extraordinarily impressive. Shortly following our original alert from 07/22, we would observe a low of .0085 in PCTL. It didn’t take long for the stock to break out of subpenny territory, and the gains it has piled on following that have been huge.
Yesterday, the stock continued to streak into blue skies as it registered a new high of .0416, which represents an overall increase of 389% over our observed low!
SPDR S&P500 (ETF) SPY – Recap
We offered up some SPY calls for observation to kick off the week in yesterday morning’s premarket report, and those got off to a solid start. Our targets were the SPY Weekly $290.50-291.50 Calls
and we’re happy to report that intraday multi-bag gains were there for the the taking.
This was as the rebound from last Wednesday’s bloodbath continued, and the markets persisted in their recovery.
The total single-session moves and total possible profits were as follows:
$38.50 Calls – Range: 1.20-2.50 – Max Gain: 108%
$39 Calls – Range: .94-2.14 – Max Gain: 128%
$39.50 Calls – Range: .64-1.61 – Max Gain: 152%
Fresh Options Ideas:
Baidu, Inc. BIDU Weekly $113-116 Calls
Medtronic plc MDT Weekly $107-109 Calls
PFMS, SDRL, TPIC