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Multibag SNOW Options, KEGS NEWS & More

SNOW Calls Rip:

Yesterday morning’s earnings calendar was a little disappointing in terms of the quality of the companies reporting, so we went in a completely different direction with our daily options idea and selected some longer-term targets in the SNOW chain. This was a purely technical play based on the stock’s chart setup, and it proved to be a really solid decision right from the get-go.

We slated the SNOW 05/20 $235-245 Calls for tracking, and all five of the contract sets therein produced huge multi-bag gain opportunities which were as follows:

SNOW 05/20 $235-245 Calls
$235: 2.50-10.20 (+308%)
$237.50: 2.30-8.80 (+283%)
$240: 1.40-7.70 (+450%)
$242.50: 1.35-6.61 (+390%)
$245: 1.00-5.67 (+467%)

Fresh Options Ideas:
SPY 03/30 $457-460 Calls
ASO Weekly $38-40 Calls
LOVE 04/14 $50-55 Calls

1812 Brewing Company, Inc. (OTCMKTS:KEGS) – News Update:

We’re also checking back in on KEGS, the craft beer brewing company located in Upstate New York that we originally featured in a special report in February.

The company has released another press report today that we wanted to pass along to our readers. We would also suggest anyone who isn’t familiar with KEGS to click the link above and dive into that initial report. The company is forming a new vehicle to help fund their acquisition plans, so things are really getting exciting over at 1812 Brewing!

Watertown, NY, March 29, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) announced that it has formed a subsidiary to pursue the strategic acquisition facet of its growth plan within the craft brewing industry. 1812 Acquisition Company, of which 1812 Brewing owns 100%, will be used to finance the Company’s first material acquisition or series of acquisitions.

As previously announced, 1812 Brewing Company’s three-pronged growth strategy within the craft beer sector includes:

Organically growing the brands already in the portfolio. Currently, this includes War of 1812 Amber Ale, 1000 Islands IPA, and Malicious Intent XX IPA, among others;
Through contract brewing, wherein for a fee, the Company utilize its excess production capacity to produce other parties’ beers; and
Through acquisition or a series of acquisitions.

(>>View Entire PR)

Kicking Off a Fresh Trading Week

Winning Options Targets:

We are ready to hop right back in the saddle on this lovely Monday morning to kick off another exciting week of options trading. Last week brought many opportunities for daily success, and things finished off on a particularly high note for the three sets of options ideas that we had formulated for our readers in Friday morning’s premarket report.

We were interested in tracking the ORCL Weekly $97.50-100 Calls, the AVGO Weekly $610-625 Calls, and the ASO Weekly $43.50-45 Calls. and all of those recorded multibag intraday runs. Here are the ranges and total possible gains of those moves:

ORCL Weekly $97.50-100 Calls
$97.50: 3.00-6.25 (+108%)
$98: 2.61-5.30 (+103%)
$98.50: 2.13-4.55 (+114%)
$99: 1.74-4.22 (+143%)
$100: 1.08-3.75 (+247%)
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AVGO Weekly $610-625 Calls
$610: 11.10-35.54 (+220%)
$615: 9.72-28.34 (+191%)
$620: 4.40-24.70 (+461%)
$625: 3.66-19.68 (+438%)
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ASO Weekly $43.50-45 Calls
$620: .48-3.55 (+640%)
$625: .30-3.32 (+1006%)
$630: .15-2.30 (+1433%)

Fresh Options Ideas:

We’ve got a couple of longer term ideas with expiration dates next month to add to the mix this morning. We’ll track these over the next few weeks, and we’ll also go with some daily SPY Calls for a quick strike idea.

TSM 01/07 $122-124 Calls
NTP 01/22 $13-14 Calls
SPY 12/13 $470-471 Calls

Extended Watchlist:
EVBG, BLU, PTPI, FHTX, ARNA, EVBG, IGEN, TONR, KYNC, VYUS, ICNM, DSCR

Wrapping Up a Top-Notch Options Trading Week

Multibag Options Runners:

We spent the whole week going after solid options plays and as usual, found incredible success. Yesterday’s pair of fresh options ideas offered no exception to that trend, as both of them produced significant gain opportunities on the day.

We had the GME Weekly $175-165 Puts and the RH Weekly $620-635 Calls in our sights, and in each case we were met with the chance for multibag gains. Here were the figures on those ideas:

GME Weekly $175-165 Puts
$175: 5.95-24.00 (+303%)
$170: 4.15-18.80 (+353%)
$165: 2.58-14.67 (+468%)
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RH Weekly $620-635 Calls
$620: 17.15-39.10 (+128%)
$625: 19.13-35.62 (+86%)
$630: 14.83-32.50 (+119%)
$635: 12.49-27.64 (+121%)

OTC Recaps:

We’ve also got a couple of OTC-listed stocks that have appeared in our daily extended watchlists which produced some nice moves in recent sessions.

Zion Oil & Gas, Inc. ZNOG
Alerted: Nov.15th
Range: .0132-.0319
Gained: +142%
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iGen Networks Corp. IGEN
Alerted: Dec. 6th
Range:.0052-.0094
Gained: +81%

Fresh Options Ideas:

All of today’s new options targets expire at the end of the session, so to include our usual disclaimer, we must caution you that only experienced traders with access to disposable funds should trade weekly options contracts on a Friday.

ORCL Weekly $97.50-100 Calls
AVGO Weekly $610-625 Calls
ASO Weekly $43.50-45 Calls

Extended Watchlist:
ASTI, BLOZF, AAPT, GTII, BLFE, PCTL, SEGI,

Earnings Related Ideas & More

Academy Sports and Outdoors, Inc. ASO – Recap:

We began tracking the ASO 06/18 $35-40 Calls a week ago today, in our premarket report on the 8th. Over the five ensuing sessions, the stock managed to achieve higher highs each day.

That momentum provided for some reasonably impressive multi-bag swings in our targeted contract sets:

ASO 06/18 $35-40 Calls
$35: 3.10-6.95 (+124%)
$40: .80-2.32 (+190%)

The company will also be holding a conference call today at 10:15 AM Eastern featuring Chairman/President/CEO Ken Hicks, along with other board members and executives. A link will be up on https://investors.academy.com at the designated time.

Fresh Options Ideas:
ORCL Weekly $82-83 Calls
EH Weekly $40-45 Calls

PHI Group, Inc. PHIL – Recap:

Also in that same June 8th report, we tagged PHIL, a subpenny play that underwent a nice dip-and-rip and ran right into penny territory.

From a low of .0055, we’ve witnessed the stock make a run to its new high of .015 yesterday. That works out to a highly respectable run of 173% Volume over the same period has been greatly increased as well, so we’ll continue to keep an eye peeled for continued momentum.

Extended Watchlist:
BSSP, EFIR, RGGI, GTEH, MJWL, RSHN, GSAC, VMCS, TRCH, CLSD, CANF, OPGN

Big-Time OTC Movers & More

More Penny Poppers:

For those newer subscribers who may be unfamiliar with the way we operate, typically our interests in stocks traded on the OTC Markets are relegated to our daily Extended Watchlists. Our main features tend to be focused more on quick-strike options trading these days because that’s where we find the most excitement. That doesn’t mean we’ve forgotten our roots in the pennies!

We’ve had loads of success in unearthing interesting OTC plays in 2021 so far, and we started out the fresh trading week yesterday with another fine pair of movers that have been included in our watchlists on multiple occasions of late. Below you can find links to our archived reports from our initial alerts and the subsequent huge runs and multibag profit potential involved.

Enzolytics, Inc. ENZC
Alerted: April 16th
Range: .0866-.2979
Gained: +244%
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RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.008
Gained: +900%

G-III Apparel Group, Inc. GIII – Options Recap

On account of the light earnings reporter load that we’ve mentioned in a previous report, we went with just one lone potential options target in yesterday’s premarket offering, the GIII 06/18 $30-35 Calls.

G-III Apparel posted a solid Q1 earnings beat along with optimistic guidance for the remainder of the fiscal year. It allowed the stock to break a double-top and set a new high of 35.80 which provided for the following moves in our tracked targets:

GIII 06/18 $30-35 Calls
$30: .90-2.25 (+150%)
$35: 3.80-5.60 (+47%)
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Fresh Options Ideas:
MRVL Weekly $49-51 Calls
SFIX Weekly $61.50-65 Calls
THO 06/18 $120-125 Calls
ASO 06/18 $35-40 Calls

Extended Watchlist:
PHIL, PLPL, RIHT, ICNM, FTEG, EFIR, CLOV, WEN, SONM, NEXT