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%)
_____

AMC Weekly $6-6.50 Calls
$6: .57-.93 (+63%)
$6.50: .35-.60 (+71%)
____

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%
_____

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%)
_____

OSTK 05/15 $16-17 Calls
$16: 1.11-2.00 (+80%)
$16.50: 1.25-1.80 (+44%)
$17: .95-1.60 (+68%)
_____

ROKU 05/15 $124-126 Calls 
$124: 3.42-9.21 (+169%)
$125: 2.39-8.43 (+253%)
$126: 1.95-7.62 (+291%)
_____

SPY Weekly $295-294 Puts
$295: 
3.02-4.12 (+36%)
$294: 2.10-3.13 (+49%)
_____

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.
_____

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