Week of Wild Gains Continues, 4 New Ideas

Reviewing a Great Start to Our Week:

There was a lot going on for yesterday morning’s premarket report. Not only did we have our typical fresh ideas for the day, but we mentioned how we Monday’s plays on the GME and AMC chains to tack on some impressive new highs, and that played out just as we foretold. To sweeten the pot, our fresh targets for the session also all produced good intraday runs to take advantage of, two of which were simply roll-ups in the above mentioned plays.

So below, we’re posting the absolutely massive two session swings from Monday’s GME and AMC calls (GME Weekly $22.50-24 Calls & AMC Weekly $3.00-3.50 Calls), along with the single session performance of yesterday’s roll-ups (GME Weekly $65 Calls & AMC Weekly $8-10 Calls), and finishing out with the other two fresh ideas from yesterday’s report, the ONON Weekly $33-34 Calls and the BABA Weekly $82-81 Puts. All in all it’s been an awesome start to the trading week, with these enormous runners posting numbers like this:

GME Weekly $22.50-24 Calls
$22.50:
 .93-38.52 (+4042%)
$23: .81-38.07 (+4600%)
$24: .79-36.38 (+4505%)

GME Weekly $65 Calls
$24:
 4.19-9.20 (+120%)
_____

AMC Weekly $3.00-3.50 Calls
$3.00:
 .19-8.40 (+4321%)
$3.50: .10-8.00 (+7900%)

AMC Weekly $8-10 Calls
$8: .74-2.09 (+182%)
$8.50: .81-2.00 (+147%)
$9: .75-1.95 (+160%)
$9.50: .69-1.87 (+171%)
$10: .69-1.73 (+151%)
_____

ONON Weekly $33-34 Calls
$33:
 .85-4.09 (+381%)
$33.50:
 .75-3.90 (+420%)
$34: .58-3.30 (+469%)
_____

BABA Weekly $82-81 Puts
$82: 1.54-4.39 (+185%)
$81: 1.16-3.50 (+202%)


Fresh Options Ideas:
DELL Weekly $137-138 Calls
SONY Weekly $82 Calls
NXT Weekly $50 Calls
MNDY Weekly $210-220 Calls


Extended Watchlist: 
FFIE, SINT, EDBL, DLPN, RELI, ALMU, VAXX, GGEI 

Recapping Wednesday’s Movers, 3 New Targets

Wednesday’s Winners:

We fared decently on Wednesday, with two-thirds of our potential options ideas stemming from earnings in our premarket report registering solid intraday moves in a positive direction. Given that we typically rely upon big name companies dropping their earnings report for the bulk of our interests, things have gotten slightly thin this week. From the looks of the earnings calendar, this earnings dry period should persist only until the last week of this month.

As for yesterday’s movers, we had the CALM 04/19 $60-65 Calls, and the PLAY 04/19 $65-70 Calls, both produce some good intraday opportunities. Here’s how their sessions played out:

CALM 04/19 $60-65 Calls
$60
: 2.35-3.70 (+57%)
$62.50: 1.30-2.10 (+61%)
$65: .55-1.10 (+100%)
_____

PLAY 04/19 $65-70 Calls
$65: 3.30-5.90 (+79%)
$70: 1.05-2.80 (+167%)


Fresh Options Ideas:
LEVI 04/19 $20-21 Calls
CAG Weekly $30-31 Calls
MNMD 04/19 $12 Calls


Integrated Cannabis Solutions Inc. (OTCMKT:IGPK) – Recap:

We also wanted to give a quick little update on the performance of IGPK over the past couple weeks. We had this stock in our extended watchlist from our report on 03/19, and have since observed a stellar run from a low of .0021 that day, to yesterday’s new high of .0143. That works out to an excellent upswing of 581%


Extended Watchlist:
RELI, HWH, TVGN, ZCMD, HUBC, TCBP, GRR, GTII, FFMGF, SFRX, NBCO, 

Potential Bottom-Play, Options Recaps

Options Reviews: 

Our primary order of business this morning is rather typical, but we never get bored tracking winning options plays. We’ve got updates of new highs on some ideas that we were tracking in BBIO, as well as the daily figures from the fresh plays we offered up in yesterday morning’s premarket report.

We initially slated the BBIO 02/18 $12.50-15 Calls in Tuesday morning’s report , while, with yesterday’s new targets we were on the bearish side of the fence with the CALM 01/21 $37.50-35 Puts and the FCEL Weekly $5.50-5.00 Puts. Here are the total gains made by all of those plays so far:

BBIO 02/18 $12.50-15 Calls 
$12.50: 1.85-3.65 (+97%)
$15: 1.50-2.60 (+73%)
_____

CALM 01/21 $37.50-35 Puts
$37.50: 
.80-1.68 (+110%)
$35: .20-.50 (+150%)
_____

FCEL Weekly $5.50-5.00 Puts
$5.50: .35-.71 (+101%)
$5.00: .10-.29 (+190%)


Edgewise Therapeutics, Inc. EWTX – Bottom-Watch Play:

We’re also looking at EWTX for a possible bottom-bounce play in the days and weeks ahead. The stock recently got crushed down near its annual lows, and we’re going to be looking for it to hold support at $14.

We’ve drawn up a little annotated chart snapshot so you can see what we find attractive about this potential play.


Extended Watchlist:
ISIG, RELI, KPRX, FTT, CTK, CNGI, DPLS, NHMD, AXXA, SANP, USEI, PBHG, ZAAG