Options, OTC Updates

Options Reviews:

Despite a poor start to the day. the fresh options ideas we formulated for yesterday morning’s premarket report surged late in the session. The markets caught a momentary respite from the day’s losses leading up to the Fed meeting.

Here were the intraday gains posted by the targets we were tracking as the market spike occurred in the mid-afternoon:

SPY Weekly $321-323 Calls
$321: 1.41-3.50 (+148%)
$321.50: 1.85-3.47 (+88%)
$322: 1.69-2.93 (+73%)
$322.50: 1.51-2.65 (+75%)
$323: 1.33-2.40 (+80%)
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AMC Weekly $6-6.50 Calls
$6: .57-.93 (+63%)
$6.50: .35-.60 (+71%)
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Fresh Ideas:
ADBE $397.50-402.50 Calls
LULU Weekly $315-225 Calls 


OTC Recaps:

Bantek, Inc. BANT  – We had also recently signaled interest in BANT via our extended watchlist on June 1st. We’ve been including a lot more coverage of random OTC plays, and the success with those speculations has continued at a good pace.

Over the eight-session period that we’ve had it in our sights, BANT has traded up from a low of .0031, and went as high as .0085 yesterday. That’s an upswing amounting to 174%
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Ethema Health Corp. GRST – We tagged GRST in yesterday morning’s report, and saw a solid double-bag move there as well. The stock traded in a range from .0007-.0017, marking a 143% rip.


Extended Watchlist:
HYSR, PMCB, KBLB, DLCR, KGKG, OMID, HEXO

34-Bagger on the Books!

Nikola Corp. NKLA – Review

Yesterday, when we presented the incredible gains made by the idea for NKLA that we formulated on Monday morning, we mentioned that we expected the already mind-boggling gains to be extended. We had seen a fifteen and a nineteen-bagger, and were sure that the morning’s activity would result in even bigger moves.

We turned out to be correct in the best possible fashion, with those gains being extended by a ridiculous margin. Here are the updated figures, and the total possible gains over a TWO DAY period to kick off this incredible trading week.

NKLA Weekly $42-43 Calls
$42:
 1.79-45.50 (+2442%)
$43: 1.34-48.10 (+3490%)


Tiffany & Co. TIF

We also presented a fresh options idea for yesterday’s report, and got some instant gratification there as well, with the TIF Weekly $122-124 Calls posting some respectable single-session gains on the day.

TIF Weekly $122-124 Calls
$122: 2.25-3.66 (+63%)
$123: 1.15-2.02 (+76%)
$124: .85-1.60 (+88%)


Fresh options Ideas:
SPY Weekly $321-323 Calls
AMC Weekly $6-6.50 Calls


Extended Watchlist:
TRNX, ZHUD, GRST, UNGS, GMEV, JASN

Enormous Options Gains

Continued Options Success

In our morning report on Friday, we offered up four different options trading targets, and saw sizable gains in every single set. It capped off a fantastic week of options plays for us, and we’re going to kick this week off by highlighting the moves that were made.

UBER Weekly $31-33 Calls 
$31: .75-1.95 (+160%)
$31.50: .42-1.48 (+252%)
$32: .16-.99 (+519%)
$32.50: .04-.55 (+1275%)
$33: .03-.26 (+767%)
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OSTK 05/15 $16-17 Calls
$16: 1.11-2.00 (+80%)
$16.50: 1.25-1.80 (+44%)
$17: .95-1.60 (+68%)
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ROKU 05/15 $124-126 Calls 
$124: 3.42-9.21 (+169%)
$125: 2.39-8.43 (+253%)
$126: 1.95-7.62 (+291%)
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SPY Weekly $295-294 Puts
$295: 
3.02-4.12 (+36%)
$294: 2.10-3.13 (+49%)
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We also had MRNA stack up some really impressive gains following our alert on the Weekly $53.50-55 Calls in Thursday morning’s premarket report.

MRNA Weekly $53.50-55 Calls
$53.50: 
.71-6.00 (+745%)
$54: .60-5.80 (+867%)
$54.50: .54-5.09 (+842%)
$55: .38-4.70 (+1137%)


AMC Entertainment Holdings Inc. AMC – We’re going to add a new idea to our existing one on AMC. We signaled the AMC 06/19 $4 Calls a couple of weeks ago, and we expect the gains we’ve already seen there to jump a lot higher today. The addition we’re going to make is to track the AMC 05/15 $6-7 Calls as well following the rumors of a potential buyout by Amazon.
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Fresh Ideas: 
CAH Weekly $52.50-54 Calls & 06/12 $55.50-56.50 Calls 
MYL Weekly $18-19 Calls 
MAR Weekly $86.50-85 Puts


Extended Watchlist:
CPE, SPCE, QDEL

Tons of Updates, New Ideas

Options Reviews

Our ideas in the Mastercard and Boeing chains from yesterday’s report both played out very nicely for us, producing sizable intraday gain opportunities for ourselves and our readers. Here are the gains that have been made so far.

MA Weekly $272.50-277.50 Calls
$272.50: 6.03-13.00 (+116%)
$275: 4.58-10.75 (+135%)
$277.50: 3.25-8.74 (+169%)

BA Weekly $138-140 Calls
$138: 
2.57-10.39 (+304%)
$139: 2.25-9.68 (+330%)
$140: 1.82-9.13 (+402%)
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AMC Entertainment Holdings Inc. AMC – Update

We also got a new high in our AMC 06/19 $4 Calls, an options idea we formulated after our associate trader, Nicholas in VA, called our attention to the stock. These calls have now made a move .55-1.83 in just a couple of sessions, marking a total gain of 233%
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Fresh Ideas:
MSFT Weekly $177.50-180 Calls
TSLA $840-860 Calls
SPY 05/04 $291-288 Puts
MCD Weekly $185 Puts



Stock Updates

We also had a couple of stock calls from our extended watchlist produce some solid gain chances for us, which were as follows.

Ozop Surgical Corp. OZSC 
Range: .0133-.0247 – Total Gain: 86%

Transportation and Logistics Systems, Inc. TLSS
Range: .0421-.094  – Total Gain: 123%


Vaxart Inc. VXRT – News Alert

We’ve been tracking VXRT pretty closely in recent weeks, and wanted to include a lonk to the coronavirus news the company put out this morning, which points to the company possible making some headway in the fight to develop a vaccine. It’s sending the stock on a ride in the premarket, and keeping us on high alert.

SOUTH SAN FRANCISCO, Calif., April 30, 2020 (GLOBE NEWSWIRE) — Vaxart, Inc., a clinical-stage biotechnology company developing oral recombinant vaccines that are administered by tablet rather than by injection, today announced that it has obtained positive pre-clinical results for its COVID-19 vaccine candidates, with several of the vaccine candidates generating immune responses in all tested animals after a single dose.(>>View Full PR)


AMC Options Recap & More

AMC Entertainment Holdings Inc. AMC – Recap

Despite a rather bearish day for the markets in general, our bullish AMC options idea worked out quite nicely for us yesterday. We had signaled a single contract set with a June expiration, and got instant double-bag results.

Our specific idea was the AMC 06/19 $4 Calls, and they traded in a range from .55-1.15, for total possible gains of up to 109% on the day.

The company announced it won’t be playing Universal Studios films in the future as a result of NBCUniversal’s plans to release movies direct-to-home on-demand. It will be interesting to see how this affects our idea going forward, but as it stands, we’re happy with the single-session performance it recorded yesterday.



Fresh Options Ideas:

All of the following plays have reported earnings this morning, so as usual, we’re going to try to use the corresponding volatility to our advantage in hopes of seeing some nice gain opportunities:

AZN Weekly $52-53 Calls
MA Weekly $272.50-277.50 Calls
BA Weekly $138-140 Calls


Extended Watchlist:
XALL, ITOX, AMAZ, OZSC, TLSS, NAT

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