Options Rehash & Fresh Ideas, News Update

Options Recaps:

We’ve got a lot to talk about today, but the first thing we want to do is to circle back to where we left off with the options ideas we included in Tuesday morning’s premarket report. We had signaled a pair of ideas in the ONON and CSIQ chains that performed really well, and continued to track some longer-term calls in MDT which posted some new highs for us.

Those targets were the ONON 04/21 $25-27.50 Calls, the CSIQ Weekly $38-39 Calls, and the MDT 04/21 $80-82.50 Calls, and here is the rundown of the excellent activity we observed over the past two sessions, including a thousand percent gainer!

ONON 04/21 $25-27.50 Calls
$25:
 .56-4.70 (+739%)
$27.50: .25-2.85 (+1040%)
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CSIQ Weekly $38-39 Calls

$38: .66-3.90 (+490%)
$39: .40-3.00 (+650%)
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MDT 04/21 $80-82.50 Calls
$80:
 1.23-3.00 (+144%)
$82.50: .53-1.63 (+208%)


Fresh Options Ideas:
CHWY Weekly $37.50-36.50 Puts
ACN Weekly $262.50-265 Calls
GIS 04/21 $82.50 Calls



Principal Solar, Inc.(OTCMKTS:PSWW) – News Update:

We also want to revisit PSWW, which was the focus of our special report yesterday morning. (>>Read Yesterday’s Report) Today, the company has put out a new shareholder letter from Chairman and CEO Bryce Toussaint outlining its interests in the Class 6 and Class 8 heavy electric vehicle market, as well as the traditional energy sector.

This is included a renewed commitment by the company to push forward with its primary objectives, as well as moving on from investments and connections that don’t fit its updated vision for the future. We would suggest anyone who caught our report yesterday also take a minute to check out today’s update. (>>Read PR via Accesswire)
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You can also learn more about PSWW and its current projects at www.pswwenergy.com


5 Fresh Ideas to Finish the Week

Thursday’s Big Movers: 

We had another mixed, yet mostly successful outing yesterday with regard to the options trading ideas we formulated for our premarket report. Three out of four is not too shabby, and that’s how many of our ideas yielded at least once chance at multibag profits on the day. In the cases of OKTA and BBY, the gain opportunities were quite significant.

Those targets that we were tracking were the SNOW Weekly $144-141 Puts, the OKTA Weekly $80-82 Calls, and the BBY Weekly $82.50-81 Puts, and the solid figures they recorded for the session broke down like this:

SNOW Weekly $144-141 Puts
$144:
 5.90-12.54 (+112%)
$143: 5.25-12.00 (+129%)
$142: 5.55-10.35 (+86%)
$141: 4.64-9.80 (+111%)
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OKTA Weekly $80-82 Calls
$80: .31-1.63 (+425%)
$81: .22-1.09 (+395%)
$82: .14-.76 (+443%)
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BBY Weekly $82.50-81 Puts
$82.50: .62-1.90 (+206%)
$82: .46-1.72 (+274%)
$81: .21-1.08 (+414%)


Fresh Options Ideas:
AI Weekly $24-25 Calls*
DELL Weekly $39.50-38.50 Puts*
ZS Weekly $122-120 Puts*
SPY 03/03 $398-399 Calls*
TSLA Weekly $192.50-195 Calls*

*If you are not experienced in options trading, we strongly suggest you refrain from attempting to trade contracts on their day of expiration


Extended Watchlist:
HUBC, OBSV, ARDX, BRFG, SOUN, RUBY, NLST, CLNV, CORZQ, VDRM, SLVRF

Huge Selection of Fresh Ideas

Options Review: 

We fared reasonable well with our midweek report yesterday morning, after having formulated potential options plays in five chains. With the exception of some longer-term puts in NVO, which may just need some time to come around, those ideas yielded some solid trading chances on the day.

The weekly calls that went on to enjoy those moves, in part due to the massive late-day surge in the markets following the afternoon Fed meeting, were the EA Weekly $113-116 Calls, the TMO Weekly $575-580 Calls, the GSK Weekly $34.50-35 Calls, and the AI Weekly $20-20.50 Calls, and here were the sorts of gains that were there for the taking:

EA Weekly $113-116 Calls
$113:
 1.34-3.80 (+183%)
$114: .96-3.20 (+233%)
$115: .63-2.25 (+257%)
$116: .40-1.70 (+325%)
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TMO Weekly $575-580 Calls
$575: 11.08-22.17 (+101%)
$580: 8.13-20.00 (+146%)
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GSK Weekly $34.50-35 Calls
$34.50:
 (low volume)
$35:
 .40-.68 (+70%)
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AI Weekly $20-20.50 Calls
$20: .80-2.35 (+194%)
$20.50: .60-2.05 (+242%)


Fresh Options Ideas:
META Weekly $180-185 Calls
ALGN Weekly $325-335 Calls
SHEL 02/10 $59-60 Calls
SONY Weekly $90-92 Calls
TSLA Weekly $182.50-187.50 Calls
AI Weekly $22 Calls
SPY 02/03 $412-414 Calls


OTC RECAPS:

We’ve got updates on a couple of OTC plays we’ve been tracking over the past month or so which have made new highs this week.

Global Tech Industries Group Inc. GTII
1st Alerted: Dec 28th
Range: .78-2.25
Gained: +188%

Core Scientific Inc. CORZQ
1st Alerted: Jan.5th
Range: .061-.46
Gained: +654%


Extended Watchlist:
CVNA, BBBY, TENX, GNS, BPTS, ZVSA, RMTI, AIAD, INVU, TXHG