Friday’s Multi-Baggers, New Trading Ideas

Friday’s Runners Recap:

Everything went reasonably well on Friday following our premarket report for the day. We were tracking a trio of potential options trading targets, and saw good movement in all but one of our designated contracts. It was a solid end to another strong weekly performance for us, during this often challenging time of the year.

Our interests for the day were the COST Weekly $640-645 Calls, the DRI Weekly $165-160 Puts, and the SCHL Weekly $35 Puts, and we saw multibag intraday moves from all but the DRI 165’s. Here’s the breakdown of that activity:

COST Weekly $640-645 Calls
$640:
 3.80-21.35 (+462%)
$645: 3.00-16.30 (+443%)
_____

DRI Weekly $165-160 Puts
$160:
 .14-.45 (+221%)
_____

SCHL Weekly $35 Puts
$35:
 .10-.35 (+250%)


Fresh Options Ideas:
SPY 12/18 $470-471 Calls
MARA Weekly $18 Puts
COIN Weekly $148-146 Puts

*Only experienced traders should attempt to trade options contracts on their day of expiration


Star Alliance International Corp. (OTCMKTS:STAL) – Update:

Since our last update on STAL, the stock registered a new high of .012 on Friday, up from Tuesday’s low of .0045. That completed an intraweek run of 167% on this stock that we’ve seen make many such swings recently.
_____

CytoDyn Inc. (OTCMKTS:CYDY) – Update: 

We’ve been tracking CYDY pretty closely, initially flagging the stock in our report on the first of this month, after which it registered a low of .1651. On Friday, we saw a new high recorded at .3595, which works out to an overall increase of 118%


Extended Watchlist:
CTGO, ICCT, PBLA, WHLR, FCEL, AKLI, GETR, VBHI, VOCL, MGTI, ABQQ, ASII, ELYS

4 for 4 Thursday, Fresh Ideas to Finish the Week

Another Clean Sheet on Thursday:

Things went very well for us for the fourth straight day of the week yesterday, with our premarket report for Thursday’s session going nicely to plan. We had signaled a batch of four potential plays for the session, and saw pretty good intraday activity out of all of them. Things have been a little dry on the earnings front, but we’ve still managed to get along quite nicely.

Our designated targets for the day were the ADBE Weekly $590-600 Calls, the JBL Weekly $120 Calls, the MTDR 01/19 $55-60 Calls, and the SPY 12/14 $472-473 Calls. The intraday moves they posted were as follows:

ADBE Weekly $590-600 Calls
$590:
 1.60-3.54 (+121%)
$595: 2.40-5.70 (+137%)
$597.50: 2.00-4.70 (+135%)
$600: 1.62-4.00 (+147%)
_____

JBL Weekly $120 Calls
$120:
 6.28-16.77 (+167%)
_____

MTDR 01/19 $55-60 Calls
$55: 3.40-4.10 (+21%)
$57.50: 2.05-2.60 (+27%)
$60: 1.10-1.55 (+41%)
_____

SPY 12/14 $472-473 Calls
$472: .62-1.52 (+145%)
$473: .30-.80 (+167%)


Fresh Options Ideas:
COST Weekly $640-645 Calls*
DRI Weekly $165-160 Puts*
SCHL Weekly $35 Puts*

*Only experienced traders should attempt to trade options contracts on their day of expiration


Extended Watchlist:
NIR, GETR, NCPL, HLP. HSCS, BRSH, SONX, IFUS, MGTI, SHMP

Wednesday’s 5000% Rippers, SIX New Ideas

5000% Runners on Wednesday!

We really got things back on track yesterday after a fairly lackluster outing on Tuesday. We hashed out a trio of potential option plays, and not only did we see intraday gains from all of them, but there were even a pair of FIVE THOUSAND PERCENT gainers on the board!

Our interests on the day were the, the, and the. It was our SPY Calls that absolutely ripped through the stratosphere and registered those incredible intraday moves. Those aren’t the biggest single session gainers we’ve had in 2023, but they are definitely high up on our list of successful picks. Here’s how it all broke down on Wednesday:

SPY 09/27 $426-427 Calls
$426: .03-1.67 (+5467%)
$427: .02-1.06 (+5200%)
_____

MLKN 10/20 $22.50 Calls
$22.50:
 1.50-3.50 (+133%)
_____

COST Weekly $545-540 Puts
$545:
 .37-.85 (+130%)
$542.50: .29-.61 (+110%)
$540: .21-48 (+129%)


Fresh Options Ideas:
SPY 09/28 $426-427 Calls
KMX Weekly $73-71 Puts
JBL 10/20 $105-115 Calls
ACN Weekly $302.50-297.50 Puts
MU Weekly $65-66.50 Calls
PTON 10/20 $5.50-6 Calls 


Extended Watchlist:
BNOX, INPX, BXRX, GRTS, CHS, PTON, SLNO, SFLM, PNXLF, IMTL, GEMZ, GEGI

Options Recaps, Fresh Possibilities

A Good Day for Puts:  

It was a challenging day for the markets yesterday, as they experienced quite the bloodbath, and that did not bode particularly well for some of our bullish ideas, but fortunately, we had some bears on the docket as well and saw some very nice moves in those. Just the latest example of why we typically try to include a mixed bag of ideas as much as we can.

Our puts from yesterday were the UNFI 10/20 $15 Puts and the THO 10/20 $90 Puts, with the TSLA Weekly $245-242.50 Puts from Monday’s report tacking on some new highs for us as well. So the figures below represent yesterday’s activity on UNFI and THO, while the TSLA numbers reflect a two-day swing:


UNFI 10/20 $15 Puts
$15:
 .13-1.60 (+1131%)
_____

THO 10/20 $90 Puts
$90: .85-3.50 (+312%)
_____

TSLA Weekly $245-242.50 Puts
$245:
 4.70-7.05 (+50%)
$242.50: 3.74-5.70 (+52%)



Fresh Options Ideas:
MLKN 10/20 $22.50 Calls
COST Weekly $545-540 Puts
SPY 09/27 $426-427 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
PIXY, CRDF, LIFW, GLTO, VINO, NYC, DNA

Wednesday’s Winners, 4 Fresh Ideas

Another Clean Options Sweep:  

Another day, another roundly successful set of options trading ideas. We formulated potential plays in four options chains in yesterday morning’s premarket report, and came back with four winners on the day. We’ve gotten to the point where we’d be shocked if the majority of our ideas didn’t work out to a certain extent on any given day.

Yesterday’s movers were the TGT Weekly $133-135 Calls, the TJX Weekly $87-88 Calls, the CAVA Weekly $50 Calls, and the JD Weekly $35-34.50 Puts. While the potential gains weren’t jaw-dropping, they were certainly very respectable, with a lot of meat on the bone for traders:

TGT Weekly $133-135 Calls
$133: 1.17-2.58 (+121%)
$134: .87-2.00 (+130%)
$135: .61-1.61 (+164%)
_____

TJX Weekly $87-88 Calls
$87: 1.61-3.07 (+91%)
$87.50: 1.03-2.62 (+154%)
$88: .97-2.26 (+133%)
_____

CAVA Weekly $50 Calls
$50: 1.36-2.20 (+62%)
_____

JD Weekly $35-34.50 Puts 
$35: .28-.79 (+182%)
$34.50: .15-.54 (+260%)


Fresh Options Ideas:
BILI Weekly $15.50-16 Calls
CSCO Weekly $54-55 Calls
AVT Weekly $46-48 Calls
BABA Weekly $89-92 Calls


Extended Watchlist:
TIVC, AHI, MODD, ASTI, SUNL, XWEL, RCRT, WE


Get Our FREE Daily Reports!