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.