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

Surprise Jobs Numbers Causing Market Surge

US Steel Corp. X – Update

Our US Steel targets from Tuesday morning’s premarket report continued to rise during yesterday’s session. We had mentioned the X Weekly $8.50-9 Calls We saw some nominal gains that day and on Wednesday cautioned that the party wasn’t over yet for those ideas.

Sure enough, we saw some very nice increases yesterday, pushing our ideas much higher and into multi-bag gain territory. The total moves on the week were as follows: 

X Weekly $8.50-9 Calls
$8.50: .23-.81 (+252%)
$9: .07-.35 (+400%)
_____

Fresh Ideas*:
SPY Weekly $313-315 Calls
AVGO Weekly $310-317.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds! 



Luckin Coffee LK – Recap 

We’ alerted on LK in last Wednesday’s report, at which time we stated that the stock was showing signs of a reversal. We put it on watch, and it didn’t take long for the stock to see a low of 2.00 before launching into a multi-day run.

Yesterday the stock hit 4.94, marking a move up from our observed low of 147% This morning in the premarket, that figure has been extended as the stock has changed hands for as much 5.71. That means we’ve witnessed an overall increase of 186% in a span of just eight trading days!


Extended Watchlist:
VISL, TTPH, HDII, CRGE, IGEN, GRST

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