Fresh Ideas for an Exciting Friday Finish

Dominos Pizza Inc. DPZ – Options Recap 

We have been very light on options plays over the past week or two, as we are still in a lull for earnings reporters, which are the typical catalysts that we use to take advantage of the inherent volatility that generally follows a quarterly number drop.

. We still have managed to find an opportunity here and there, and yesterday our instincts told us to go short on Dominos. We signaled the DPZ Weekly $427.50-417.50 Puts and saw some good moves

DPZ Weekly $427.50-417.50 Puts
$327.50
: 18.85-30.10 (+118%)
$325: 17.99-30.35 (+151%)
$322.50: 13.97-26.10 (+203%)
$320: 11.78-24.90 (+337%)
$317.50: 10.46-21.55 (+118%)
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SPDR S&P500 (ETF) SPY – Options Idea

We have been tracking the $340-341 Calls throughout the week, and based on the solid progress we’ve seen there ansd the premarket activity we’re observing this morning, we’;ll go ahead roll up to the SPY Weekly $344-345 Calls to stay close to the action.


More Fresh Options Ideas

Despite having no earnings to push these along, here are a handful of options plays we’ll be tracking today:

CGC Weekly $18 Calls
X Weekly $8-9 Calls
BBBY Weekly $21-22 Calls 



Camber Energy, Inc. CEI – Recap

We also want to backtrack a bit to our September 25th call of CEI today following what has been a very respectable run for the stock.

The day after our tag of CEI, the stock saw a low of .5011 and hasn’t looked back. Yesterday, a very impressive intraday move carried it to a new high of 1.43, which works out to an increase of 185% over a span of just ten trading days!


Extended Watchlist:
BTU, WWR, SNMP, GMEV, UNGS, UATG, RIOT, KNDI, 

OTC Review, Fresh Options Plays

OTC Winners 

As we have been continuously mentioning in recent weeks, while our primary interest is still in quick-strike options trading, we need to follow the money, and the OTC has been producing for us in a big way. Traditional technical trading on the big boards has taken a hit amid the effects brought on by the coronavirus, and doesn’t look to be making a comeback for quite some time.

Here are a few examples of recent penny stocks we’ve tagged that have proven their utility in attaining the fast profits for which we are always on the lookout. 

Artificial Intelligence Technology Solutions Inc. AITX
Alerted: Yesterday (06/24) |  Range: .0299-.095 | Gain: 218%
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Data443 Risk Mitigation Inc. ATDS
Alerted: 06/17 |  Range: .0095-.0219 | Gain: 131%
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Ozop Surgical Corp. OZSC 
Alerted: 04/30 |  Range: .0049-.0530 | Gain: 982%


Earnings Related Options Plays: 

RAD Weekly $13.50-14.40 Calls 

DRI 07/17 $70-75 Calls 
ACN Weekly $207.50-212.50 Calls


Extended Watchlist:
VXRT, GAHC, GTEH, GMEV

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