Good Beginning to a Fresh Week:
We fared pretty well for the first day of the fresh trading week yesterday. We offered up three possible trading ideas in our premarket report for the day, and we ended up witnessing some decent intraday moves from all three of them. We have been managing to be pretty mistake free in recent weeks, and it looks like we’re off to another good start.
Yesterday potential targets were the PANW Weekly $315-317.50 Calls, the WIX 06/21 $145-150 Calls, and the GLBE 06/21 $35 Calls. Those saw the following modest-to-solid gains on the session, with the WIX Calls taking the cake in terms of percentage gains. Here’s how everything shook out on Monday:
PANW Weekly $315-317.50 Calls
$315: 15.48-21.27 (+37%)
$317.50: 14.19-20.03 (+41%)
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WIX 06/21 $145-150 Calls
$145: 9.15-26.20 (+186%)
$150: 6.09-20.90 (+243%)
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GLBE 06/21 $35 Calls
$35: 1.35-2.23 (+65%)
Fresh Options Ideas:
LOW Weekly $232.50-237.50 Calls
PANW Weekly $312.50-307.50 Puts
M Weekly $19-20 Calls
OTC Recaps:
Here’s a couple of multibag runners that we’ve recently flagged in our extended watchlists. Click links to see the reports in which they were first included.
Ronn, Inc. (OTCMKTS:RONN)
First Alerted: May 17th
Subsequent Gain: .0031-.017 (+448%)
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Green Giant, Inc. (OTCMKTS:GGEI)
First Alerted: May 15th
Subsequent Gain: .0051-.018 (+253%)
Extended Watchlist:
AGRI, MGOL, BDRX, MGRX, MTC, CTXR, MMAT, EDBL, DPLS, QEDN