Multibag Gains Coming Left and Right

Galaxy Next Generation, Inc. GAXY

To kick things off today, here is an OTC play we’ve recently been tracking that has absolutely blown its top.  Our initial tag of GAXY came on July 14th, and we came back for updates a few times throughout the course of August, and while it was already an impressive play, the new highs it has hit this week have pushed it to another level.

Our observed low on GAXY subsequent to our first alert on the stock came in at ,0025. After several weeks of positive movement, GAXY has now hit a new high of .0599. Overall that counts for an exceptional increase of 2296%


Options Review: 

We certainly got things right with yesterday’s fresh options ideas, putting forth targets for CRM, PLAN, and DKS. Absolutely everything worked out, regardless of which chain or strikes within our designated ranges were chosen.

Here are the single session gains that we witnessed on the day:  

CRM Weekly $235-245 Calls
$235:
 15.00-43.00 (+187%)
$240: 10.75-37.00 (+244%)
$245: 8.32-32.41 (+289%)

PLAN 09/18 $57.50-65 Calls
$57.50:
 3.73-6.30 (+69%)
$60: 2.97-5.10 (+72%)
$65: 1.57-2.70 (+72%)

DKS Weekly $51-52 Calls
$51:
 1.15-3.50 (+204%)
$51.50: 1.00-2.95 (+195%)
$52: .85-2.55 (+200%)


Fresh Options Ideas:
OSPN 10/16 $22.50-25 Calls
BURL Weekly $195-197.50 Calls
TIF Weekly $122-123 Calls
DG Weekly $205 Calls 


Extended Watchlist:
TTCM, GHHC, TWOH, TLSS, SDEC

Big Winners, More New Ideas

iBio, Inc IBIO – Update

It was just this past Thursday morning that we were mentioning our great success in tracking IBIO to multibag gains, beginning when we first highlighted it as a potential coronavirus play on March 17th. We subsequently observed a low of .76, and as of our followup last week, it had produced an increase of over 400%

That was before yesterday, in which IBIO took the #3 top gainer spot on the NASDAQ, and broke out to yet another impressive new high of 7.43. That extends the gain we’ve seen on this play since our initial alert to a mammoth 878%  Even as other stocks representing COVID-19 vaccine candidates have been flagging of late, IBIO has continued its impressive uptrend, and we’re excited to see where it goes from here.


Microsoft Inc. MSFT

One of our options ideas from yesterday morning’s report fared quite well during the session, and based on the way things look in the premarket today, we expect to see further increases in our target contracts.

Those were the MSFT Weekly $205-210 Calls and they got off to a really good start with some solid intraday gains: 

MSFT Weekly $205-210 Calls
$205: 6.70-11.30 (+69%)
$207.50: 5.65-10.10 (+79%)
$19: 4.75-8.75 (+84%)

We also want to roll up to include the MSFT Weekly $212.50-215 Calls in our watchlist.
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Fresh Options Ideas:
PM Weekly $74.50-76 Calls
LMT Weekly $370-380 Calls
IBM Weekly $130-132 Calls
PLD 08/21 $100-105 Calls


Rising Biosciences, Inc. RBII

Another mention from yesterday morning’s premarket report was RBII, and that too exhibited a very nice move on the day.

We have been bringing some of our focus back to OTC stocks quite a bit more in 2020, and this is another in a growing line of solid calls on that front. The stock traded from a low of .003 mand went on to hit .0068, for an intraday rip of 127%


Extended Watchlist:
SBFM, GOVX, TTCM, VRUS, CYDY

Massive SPY Gains

SPDR S&P 500 (ETF) SPY – Review

Yesterday morning we said we would come back to the idea we issued for the SPY on Tuesday morning, for what we assumed was going to be some nice added gains. The targets were the SPY 05/27 $302-303 Calls, and they exceeded our expectations for the day by a country mile!

That pair of contracts posted what may possibly be the biggest single session gains we’ve ever tracked in the SPY, which has been our go-to market analog for years. The gains here were simply marvelous.

SPY 05/27 $302-303 Calls
$302: .02-.91 (+4500%)
$303: .03-1.92 (+6300%)

We had also signaled fresh ideas in some other options chains yesterday, and thanks in part to a big day for the markets, we saw some appreciable gains there as well, which were as follows: 

GSX 06/19 $30-35 Calls  
$30: 2.98-4.90 (+64%)
$35: 1.00-1.93 (+93%)
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STNE Weekly $31-32 Calls
$31: 
1.19-3.60 (+203%)
$32: .80-2.70 (+238%)



More Fresh Ideas:

WDAY Weekly $172.50-177.50 Calls
HPQ Weekly $17-16 Puts 


Extended Watchlist:
OZSC, INQD, BBRW, KNOS, ITOX, TTCM, BGFV