Tag: SPWR

Massive Monday Movers, 4 Fresh Targets

Big Time Movers on Monday:

We kicked off the week with some really exciting action yesterday, after signaling options ideas for two of the hottest plays of the day in GameStop and AMC in our premarket report. We saw the effects of a massive short squeeze take the top off these plays, and produce thousand-percent-plus gainers for our watchlist. We flagged ideas in four chains, and saw gains from all four, but in the case of AON, one of our two contract sets failed to move in a positive direction. So while we are disappointed to technically see our two week perfect streak end, it was nice that it came along with some of the biggest moves we’ve seen this year.

Our targets for the day were the GME Weekly $22.50-24 Calls, the AMC Weekly $3.00-3.50 Calls, the BABA Weekly $81-83 Calls, and the AON Weekly $290-300 Calls, and here were the fantastic figures they put up on the session. If the start of the week is any indicator, we’re in for a wild ride. In terms of GME and AMC, we expect to see our observed ranges on those increase significantly once again today, and we’ll also roll up to include even more contract sets in our designated range.

GME Weekly $22.50-24 Calls
$22.50: .93-14.25 (+1432%)
$23: .81-15.80 (+1851%)
$24: .79-15.50 (+1862%)
_____

AMC Weekly $3.00-3.50 Calls
$3.00: .19-2.94 (+1447%)
$3.50: .10-2.42 (+2320%)
_____

BABA Weekly $81-83 Calls
$81: 2.27-5.15 (+127%)
$82: 1.93-4.50 (+133%)
$83: 1.61-3.90 (+142%)
_____

AON Weekly $290-300 Calls
$290: 1.71-2.69 (+57%)
$300: N/A

Fresh Options Ideas:
GME Weekly $65 Calls
AMC Weekly $8-10 Calls
ONON Weekly $33-34 Calls
BABA Weekly $82-81 Puts

Extended Watchlist: 
BIG, BB, TUP, PLUG, SPWR, HOLO, SYRA, KOSS, FSRN, NSAV, IGPK

Big Options Wins, GRMM News

Target Corp. TGT &
Canopy Growth Corp. CGC – Options Review
–
As usual, we offered up some fresh options ideas to our readers in yesterday morning’s  premarket report, and unsurprisingly, we saw some very nice moves out of all of them. We had identified potentially attractive targets in both the CGC and TGT chains, and everything worked out in our favor.

Here were the total possible gains that could have been achieved on the day:

TGT Weekly $119-123 Calls
$53 Calls – Range: 1.73-8.20 – Max Gain: 374%
$52.50 Calls – Range: 1.35-7.20 – Max Gain: 433%
$52 Calls – Range: 1.00-6.30  – Max Gain: 530%
$51.50 Calls – Range: .74-5.34 – Max Gain: 622%
$51 Calls – Range: .53-4.50  – Max Gain: 749%
_____

CGC Weekly $15.50-16.50 Calls
$19.50 Calls – Range: .43-2.90 – Max Gain: 574%
$20 Calls – Range: .36-2.37 – Max Gain: 558%
$20.50 Calls – Range: .35-1.99  – Max Gain: 469%
_____

We’re going to stick with both of these chains, but roll up our potential strike prices to stay a little closer to the action. We’ll be tracking the TGT Weekly $126-128 Calls and the  CGC Weekly $18-18.50 Calls.

Grom Social Enterprises, Inc. GRMM – News Update

We also wanted to swing back around to GRMM, a stock that we did an in-depth report on earlier this month. The company has just announced a $2M debt conversion at a premium to market pricing in a move that does a lot to strengthen the company’s balance sheet.

If you have yet to take a closer look at GRMM and it’s kid-safe social media platform, we urge you to click the link above or below and seek out our in-depth report.

Boca Raton, Florida, Nov. 21, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Grom Social Enterprises, Inc. (OTCQB: GRMM) (“Grom,” the “Company,” “we,” “us” or “our”), a leading social media platform and original content provider for children between the ages of 5 and 16, today announced that it has strengthened its balance sheet through the conversion of $2.0 million of debt to equity at terms believed to be favorable by the Company.

Pursuant to the terms of the transactions, certain of Grom’s noteholders converted $1.8 million of convertible promissory notes into common stock at terms believed to be favorable by the Company, while management converted $200,000 of interest-free loans due from the Company into common stock at $0.175 per share, a premium to the current market price per share. Including this transaction, Grom senior management has converted approximately $1.7 million of debt into common stock since 2018, all at a significant premium to market. (>>View Full PR)

>>READ OUR DETAILED GRMM REPORT<<

Extended Watchlist:
REPL, SPWR, BIOC, HEPA, XXII, ONTX,

Options Recaps, New Ideas

The Walt Disney Co. DIS – Options Review

On Friday morning, we closed out the week with a last minute options ideasignaling our interest in the DIS Weekly $139-142 Calls. Despite a turbulent open for stocks in general, we saw some really nice early opportunities from those ideas.

The total possible gains on those contracts were as follows: 

DIS Weekly $139-142 Calls
$139 Calls – Range: .61-1.48 – Max Gain: 143%
$140 Calls – Range: .38-.94 – Max Gain: 147%
$141 Calls – Range: .25-.54 – Max Gain: 116%
$142 Calls – Range: .12-.38 – Max Gain: 217%

AnaptysBio Inc. ANAB – Options Idea

We also took notice of ANAB this morning after the stock fell to new all-time lows yesterday. Just as a stock that shoots up a great deal in a short time must eventually come down to earth, one that tanks this hard is bound to recover some ground.

From current levels, a play on the stock itself could pan out favorably in a relatively short amount of time, but we will also designate some longer-term contracts in the options chain for an added idea. We’ll radar the ANAB 01/17 $10-15 Calls for observation over the next several weeks.

Extended Watchlist:
SPWR, CARB, HTBX, CANF, NKTR, TRNX, CLVS