Month: September 2020

Closing Out Another Positive Trading Week


Just Energy Group Inc. JE

We placed a big focus on solar energy yesterday morning, with our watchlist containing several targets in that market space. One of which was JE, which produced a multibag run on the day, trading up from a low of .352 and hitting .81. That works out to an intraday move of 130%

This play actually came courtesy of Mark, one of our daily traders chat room members. We encourage our other readers to engage with our daily live chats on Skype- participation is open to everyone. We cover a lot of good ground on a daily basis. Simply send a contact request on Skype to the user ‘stocksumo’ and we’ll get you set up!

Invesco Solar (ETF) TAN

One of yesterday’s other solar plays was the TAN 10/16 $54-56 Calls that we signaled from the Invesco solar index in our report. The $54’s got pushed a bit too deep in the money, but the $55-56’s produced some solid intraday moves for us.

The $55 Calls ran from 2.35-3.07 for a gain of  31%, while the $56’s posted a rise from 1.95-2.80, which works out to 44%


All American Gold Corp. AAGC

We also want to track back to AAGC, a subpenny stock we flagged on Wednesday morning. In the two ensuing sessions, it has managed two notable swings.

It ran first from .0009-.0018, an upswing of 100% and then pulled back to .0008 before once again making a move to .0017, marking a 112% rip.

Fresh Options Ideas: 
TCOM 10/16 $27-29 Calls
BABA Weekly $270-267.50 Puts 

Extended Watchlist:
ADOM, CBAT, CEI, HYSR, JETR, PMCB, SHOM

Solar is Red Hot

Keeping an Eye on Solar

This week has brought some very interesting plays in the solar energy sector. We’ve already seen big gains from SPI Energy Inc. SPI, JinkoSolar Holdings. Inc. JKS, and SunWorks Inc. SUNW, and would like to keep our eyes peeled for other opportunities in the arena which may be boosted by the volatility in those moves.

Yesterday alone, SPI went parabolic as it popped off from a low of 3.30 and hit 46.67 for an intraday run of over 1300%, SUNW ran from .73-4.57 (+526%), and JKS continued a month long run with a solid jump from 28.30 to 33.74 (+19%).

What this all tells us, is that a lot of eyeballs are sure to be flooding the solar space in coming sessions, and we’d like to formulate an options idea in the Invesco Solar ETF (TAN), which is presently flirting with a double top, the breaking of which would put it into blue sky territory. To make things interesting, we are going to place the TAN 10/16 $54-56 Calls on watch.
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Another Fresh Idea:
JEF 10/16 $17.50-20 Calls

Extended Watchlist:
JE, XTRM, CHNC, EVUS, BANT, DECN, BLLB, FSLR, CSIQ

SPY, AAPL Updates & More

SPY, AAPL Updates

Yesterday morning, we updated readers on Monday’s fresh options ideas in the SPY and AAPL chains. We specifically warned readers to look out for further gains in our targeted plays, and unsurprisingly, we met with added increases on both sets.

In each case, the new highs we tacked on brought all of Monday’s calls into the multibag realm, while our added target from yesterday’s report, the AAPL 10/09 $110 Calls began their own ascent.

SPY Weekly $324-325 Calls
$324: 3.17-7.10 (+124%)
$325: 2.71-6.13 (+126%)
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AAPL 10/09 $105-106 & $110 Calls 
$105: 4.25-9.90 (+133%)
$106: 4.00-9.17 (+129%)

$110: 4.44-5.95 (+34%)
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Fresh Ideas:
NKE Weekly $127-129 Calls
CTAS 10/16 $330-340 Calls

Extended Watchlist:
ADCT, JPM, OPTI, DSGT, AAGC