4-Pack of Options Ideas

NIO, Inc. NIO 

We tagged NIO for obserrvation to start the week on Monday, and it did end up making a notable run following that report. We saw a low of 10.70, and yesterday it hit a high of 15.28. That marks a three-session swing of 43% which we would consider decent volatility for a $10+ stock.

NIO did taper back into the close, but we will continue to monitor its activity. If it can continue to register higher lows, we won’t yet consider its run finished.


Fresh Options Ideas: 

We were in an earnings dry spell for a few weeks there, but slowly we’re beginning to see more big names coming across the calendar. This morning for earnings ideas we’ve got our sights set on a bullish and one bearish target. 

On Helen of Troy Ltd. HELE, which posted a solid beat, we’re going to focus on the HELE 07/17 $210-220 Calls.

Walgreens Boots Alliance, Inc. WBA didn’t fare as well in the last quarter as was expected of it, and we’re feeling like a short in this case might be the way to go, so we’ll tag the WBA Weekly $42-40.50 Puts.
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Even More New Ideas:
BABA Weekly $260-270 Calls
NKLA Weekly $54-57 Calls


Extended Watchlist:
SEGN, VAPR, VYST, DECN, PKE

VYST Blows its Lid Again

Vystar Corp. VYST

We’re back to report on our performance with VYST once again this morning. Just yesterday we noted that we had mentioned the stock on both Thursday and Friday, in time to see a 143% run from a low of .0134 to .0325 on Friday. That move occurred on volume of roughly 150 mIllion shares, and led us to point out that we were looking for a continuation of momentum into this week.

Our hunch was confirmed as VYST opened up the week like a beast, smashing its previous two day volume with 311M shares changing hands. The stock soared from a daily low of .0376 and hit .0724, representing an intraday gain of 93%  From our observed low on Thursday, that works out to an overall rise of 440% and justifies our continued inclusion of speculative OTC plays in our daily reports.


Options Ideas 

We are going to signal a couple of ideas for AAPL and ADBE this morning on the heels of the revelation that Adobe will be partnering with Apple for its MacOS overhaul. Coupled with a push for the markets on fading trade fears, we could see some nice movement in the following targets, as well as some SPY Calls:

AAPL Weekly $360-365 Calls
ADBE Weekly $435-445 Calls
SPY Weekly $312-315 Calls


Extended Watchlist:
SGMD, BRLL, DLOC, IGEN, BZTG, SPOM, PFTI

VYST Recap, Fresh Targets

Sintx Technologies, Inc. SINT

With the earnings calendar for today essentially empty, we have to switch tactics and search out some other type of opportunities to kick off this fresh trading week. Catching our eye early on this morning has been SINT.

The company recently reported success against the coronavirus in a controlled study of its special silicon nitride powder. This morning, the stock is gapping up in a big way, so we’re going to attempt to use this volatility to seek out swing trade opportunities with SINT.

SALT LAKE CITY, UT, June 20, 2020 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (“SINTX” or the “Company”), an original equipment manufacturer (OEM) ceramics company focused on silicon nitride and its applications, today announced that in a controlled laboratory study, the SARS-CoV-2 virus was inactivated when exposed to SINTX’s sintered silicon nitride powder. The Company expects to share additional data soon (>> View Full PR)


Varex Imaging Corp. VREX

We want to also put VREX on an extended term watch today. The stock has been beaten up severely in recent months, and is just coming off of new annual lows last week. Not only that, but there re a couple of topside gaps on the chart that need filling.

We’re going to use the options chain and signal a couple of sets of ideas. One that expires next month, and one that stretches the playing field out to November. We’re going to highlight the VREX 07/17 $15-17.50 Calls and the 11/20 $20 Calls for observation in the weeks and months ahead.


Vystar Corp. VYST

We had signaled VYST in Thursday and Friday’s premarket reports, and we are pleased to report that the stock produced a healthy two-day swing over that stretch. From Thursday’s low of .0134, VYST hit .0325 on Friday. That works out to a two session increase of 143% which occurred on volume of nearly 150 million shares!

Based off of the fact that the stock closed near its high on that increased volume, we’re going to look for a possible continuation of momentum into this week.


Extended Watchlist:
GFTX, MMMM, CXCQ, SKDI, BYFC, LCDX, BYZN, MRGE