Multiple Updates, Fresh Ideas

PHI Group, Inc. PHIL – Recap:

We’re back this morning with another update on PHI, a stock we’ve been tracking for a couple weeks now. We initially tagged this play in our June 8th report, and have been following along ever since. Subsequent to that alert, the stock registered a low of .0055 before taking off to new highs.

We reported an update on PHIL’s activity a week ago today, however this new trading week has brought still more new highs for this stock, with the PPS hitting .0185 yesterday. That works out to an overall move of 236%  Even if you only caught last week’s update on PHIL, you still could have caught a solid move from .0082 to yesterday high of .0185 which represents a move of 126%


Smith & Wesson Brands, Inc. SWBI – Recap:

We rode some SWBI options for really nice gains between last week and this week as we mentioned in yesterday’s report, but with another huge surge in the stock to open up the week, the percentage gains in SWBI stock itself have become notable.

When we issued our idea on Friday, SWBI traded for as little as 20.75, and as of its newly registered high yesterday of 28.18, that marks a two-day swing of 36%, which is nothing to sneeze at for a $20+ stock.


Moderna Inc. MRNA – Review:

Just to provide a quick update on our MRNA options idea that we issued yesterday- despite choosing a longer-term set of contracts, we did see instant gratification as MRNA spiked on the day and provided for a very good start for our tracked contracts, the MRNA 08/20 $195-210 Calls.

MRNA 08/20 $195-210 Calls
$195: 23.50-27.85 (+19%)
$200: 18.00-25.10 (+39%)
$210: 13.55-19.95 (+47%)

We’ll add some weekly targets into the mix as well with the MRNA Weekly $210-212.50 Calls.
_____

Fresh Options Idea:
KFY Weekly $65-70 Calls 


Extended Watchlist:
KRFG, DRNK, APTY, BLUU, GMER, SSOF, TMXN, FOMC, VTVT, ALF, BPTH, BIOC, ADIL

SPY Calls Run as Markets Reach New Highs

Solid SPY Returns:

Our fresh quick strike options play to start off the week targeted SPY Weekly $401-403 Calls, in yesterday morning’s report. For newer readers who may not yet be aware, we often use the SPY (SPDR S&P 500 ETF) as a market analog for intraday swing trades. Yesterday, the markets got off to a hot start and didn’t let up much throughout the course of the day, with the NASDAQ and the S&P hitting new record highs. .

The bullish session provided our SPY targets with the impetus to record the following intraday moves and total potential gains:  

SPY Weekly $401-403 Calls
$401: 2.12-5.93 (+180%)
$402: 1.59-4.95 (+211%)
$403: .92-3.98 (+333%)
_____

Fresh Options Idea:
ACAD 06/18 $24-26 Calls 


Investview, Inc. INVU – Recap:

We last mentioned INVU in our morning report from a week ago today as a chatroom play from our Veteran Trading premium service. Since that time, we’ve witnessed a run from .315-.596 for an increase of 89% Our premium members had the chance to get in as low as .255 as you can see at the link above. That works out to a total upswing of 134%

We encourage any of our readers who may be interested in exactly how we formulate our daily trading ideas, and interested in learning to do so themselves, to contact us about subscribing to Veteran Trading. Click here to email us your contact information, and we’ll take care of the rest!


Extended Watchlist: 
EEENF, INND, NWGC, IMTL, NSAV, INCC, AWGI, FTEG, GRLT, BLUU, KYNC

Starting Off the Week on a Good Foot

Friday’s Options Recaps 

We’re kicking off this new trading week in typical fashion by highlighting the performance of the fresh options ideas we put forth in Friday morning’s premarket report. Our pair of targets that were set to expire on the day were clear cut runners- specifically the FDX Weekly $275-280 Calls and the MP Weekly $40 Calls.

In both cases, Friday’s session brought major moves in the stocks themselves, which facilitated some incredible intraday gain possibilities for ourselves and our subscribers. Those fantastic multi-bag runs were as follows: 

FDX Weekly $275-280 Calls
$275: 2.90-7.93 (+173%)
$277.50: 1.58-5.61 (+255%)
$280: .72-3.64 (+405%)
______

MP Weekly $40 Calls
$40: 
.75-6.00 (+700%)
_____

Fresh Options Idea:
SPY 03/22 $389-390 Calls


New World Gold Corp. NWGC – Recap

We’ve got to swing back around to NWGC as well, a stock which we alerted back on March 4th, subsequent to which it saw shares change hands for as little .002.

This month has brought mostly positive progress for NWGC, which on Friday broke in Pennyland and set a new high of .0119. That works out to a 3-week run of 495%


Bottom Watch Plays: 

We took notice of some of last week’s biggest losers, with ALX Oncology Holdings, Inc. ALXO and Nurix Therapeutics, Inc. NRIX which both fell off of a cliff on Thursday and Friday.

Whenever we notice massive selloffs like this, we begin to wonder at what point the consolidation becomes untenable. That’s when we place stocks on bottom watch and monitor them for potential reversals, because the volatility from such situations often brings us exactly the type of quick strike opportunities we’re after. Stay tuned for the possibility of specific targets on these plays in the days ahead.


Extended Watchlist:
TGGI, MRPI, SSOK, AURI, JAMN, BLUU, KALY, NSPT