Virgin Galactic Holdings, Inc. SPCE
It has been a full month since we formulated a longer-term play for the SPCE chain, in our premarket report on the morning of January 22nd, at which time the stock itself was trading for as little as 15.61. Despite pulling back into the close, SPCE did first soar to an incredible new high of 42.49 yesterday.
That worked out to a month-long stock move totaling 172% and it allowed our options ideas, the SPCE 02/21 $10-15 Calls, to tack on a whole lot more gains than the already impressive ones our ideas had produced up until then.
With the stock sitting where it is now, and these contracts expiring tpoday, these are most likely the final updates for this set of ideas, which couldn’t have turned out much better for us:
SPCE 02/21 $10-15 Calls
$10: 6.24-29.50 (+373%)
$11: 5.30-29.10 (+449%)
$12: 4.30-29.90 (+595%)
$13: 3.50-26.90 (+669%)
$14: 2.80-25.20 (+800%)
$15: 2.15-26.90 (+1151%)
SPO Global Inc. SPOM
We also have been tracking some OTC plays recently, and SPOM is among those, initially from our report on Tuesday morning.
In the three ensuing sessions, the stock has made a respectable move for us from its low on Tuesday of .155. After another moderate push yesterday, SPOM attained a new high of .44, representing an increase of 184% over our observed low.
Fresh Options Ideas:
Deere & Co. DE Weekly $174-177 Calls*
Magna International Inc. Weekly MGA $52.50-55 Calls*
*Please don’t attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.
DPW, FZRO, BLNK, ZOM, ZVTK