Solid Start to the New Year:
We fared reasonably well in our first trading session of 2024 yesterday, despite having no earnings reports to inspire our options candidates of the day. We expect things on that front to be similarly dry moving forward, with few big-name reporters slated to drop figures in the first couple weeks of this new year. As always, we’ll still do everything we can to find other opportunities in the meantime.
As for yesterday’s ideas, here were the daily performance numbers on the four potential plays in our premarket report, the MARA Weekly $26-27 Calls, the COIN Weekly $175-177.50 Calls, the AMD Weekly $145-144 Puts, and the VYGR 11/19 $10-12.50 Calls:
MARA Weekly $26-27 Calls
$26: .93-1.41 (+52%)
$26.50: .84-1.23 (+46%)
$27: .71-1.10 (+55%)
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COIN Weekly $175-177.50 Calls
$175: 3.19-5.93 (+86%)
$177.50: 2.79-5.04 (+81%)
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AMD Weekly $145-144 Puts
$145: 2.64-7.55 (+223%)
$144: 2.16-6.73 (+212%)
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VYGR 11/19 $10-12.50 Calls
$10: .70-1.90 (+171%)
$12.50: .25-.70 (+180%)
Fresh Options Ideas:
SPY 01/03 $472-471 Puts*
COIN Weekly $148-146 Puts
MARA Weekly $22-21 Puts
UNF 01/19 $180 Puts
*Only experienced traders should attempt to trade options contracts on their day of expiration
Enzolytics, Inc. (OTCMKTS:ENZC) – Recap:
We also wanted to give a quick update on an OTC stock that we had in yesterday morning’s extended watchlist. ENZC made a pretty nice intraday move from a low of .0169 up to a high .0215, which represents a rise of 27%
Extended Watchlist:
CSTF, ABIT, CRCW, PHIL, XSNX, VRSSF, NEXI, SASI, DYN, FWBI, TPHC, ABVC