Todos Medical, Ltd. TOMDF
We have been tracking TOMDF since Tuesday morning in the premarket, when we included it in our extended watchlist. At the time, it was trading for as little as .0413 per share, and while it had a solid session that day, the gains hadn’t quite yet cracked the double-bag threshold.
Yesterday, after another really good performance, that mark was attained and then some. TOMDF has gone on to hit a new high of .17 for us, which works out to a big gain of 312%
The company’s rapid (2-10min) COVID-19 point-of-care test has been the primary reason for the stock’s huge moves. We will stay updated on the progress of the company getting the tests put into action, and will be interested to see if more upswings are on the horizon as a result.
We signaled a range of options in the GILD chain in yesterday morning’s report. with the GILD Weekly $79-81 Calls. Thanks to a pretty good day for the markets, all things considered, we witnessed some very nice moves out of those targets.
Weekly $79-81 Calls
$79: 3.44-8.00 (+133%)
$80: 2.68-7.42 (+177%)
$81: 2.49-6.05 (+143%)
CRWD Weekly $47.50-50 Calls & 03/27 $52-53.50 Calls
TNXP, NBP, WTRH, BLPH, AMTX, PIXY, CEMI
Co-Diagnostic Inc. CODX – Review
The last time we mentioned CODX in one of our reports was toward the end of last month, and at the time the coronavirus was not inspiring as much fear as it is presently, but the stock had still already begun to trade high volume and edge upward.
Now, with the CDC warning of a potential pandemic, even as some public officials attempt to downplay the significance, fear-buying has driven up stocks like CODX, which happened to be the #2 gainer on the NASDAQ yesterday. It enabled new highs for us, and we’ve now seen CODX run from a low of 1.52 up to 10.89 in just over a month’s time! That’s a fantastic increase of 616%
The stock has broken $14 in the premarket, so our observed range stands to increase significantly today.
Vaxart Inc. VXRT
Speaking of coronavirus plays, we signaled VXRT on January 31st and promptly provided an update this month on the 4th, and it too has enjoyed a fear-powered run up the chart.
Our initially observed low on this play was .956, and as of yesterday’s new high of 1.91 that works out to an upswing of 99% With the stock on the verge of hurtling upward into blue skies, (over $2 in the premarket) we’re going to want to continue to keep an eye peeled for further activity.
Fresh Options Ideas:
SQ Weekly $78-80.50 Calls
MAR Weekly $120-117 Puts
PXYN, MRNA, TNXP, INO, LMPX, SIX,
SPDR S&P500 (ETF) SPY – Options Update
We have got a very brief update for today’s newsletter concerning our fresh options trading idea from yesterday morning in the SPY Chain. We cautioned readers that after Friday’s market sell-off, we looked to be in line for a ‘dead-cat bounce’ for stocks, and that is exactly what occurred.
Our idea was to track the SPY Weekly $287-288.50 Calls as the markets reversed, and not only did we get the rebound we were after, but the gains persisted throughout the entirety of the session.
That made for some truly spectacular profit possibilities, especially the $288 Calls, which produced an epic intraday upswing:
SPY Weekly $287-288.50 Calls
$287 Calls – Range: .17-1.35 – Max Gain: 694%
$287.50 Calls – Range: .05-.91 – Max Gain: 1720%
$288 Calls – Range: .01-.43 – Max Gain: 4200%
$288.50 Calls – Range: .01-.07 – Max Gain: 600%
We would like to update this SPY idea to stay close to the action, and will be tracking the
SPY 08/28 $288.50-290.50 Calls through today and into tomorrow.
USLV, PZZA, TNXP, JNJ, PIR, OSTK