Big Name Earnings Reporters & More

Denali Therapeutics Inc. DNLI – Options Review:

The first thing we want to do this morning is provide an update on DNLI. Earlier this month, we formulated a longer term options idea which has been heating up over the past week. Most of our daily options ideas are geared toward weekly calls and meant to be quick-strike opportunities, but on occasion we do like to signal interest in contracts with several weeks or even months remaining until expiration.

In this case, we targeted the DNLI 11/19 $50-55 Calls, and in the past several sessions, significant moves have begun to occur, with both sets cracking into multibag territory. So far, the trading ranges on these plays have been as follows:

DNLI 11/19 $50-55 Calls
$50: 1.20-2.94 (+145%)
$55: .50-1.43 (+186%)

We’ll want to continue to monitor these ideas, with more than three weeks left until they expire and the stock being on the move.


Fresh Options Ideas:
UPS Weekly $207.50-212.50 Calls
FB Weekly $325-332.50 Calls
LMT Weekly $360-345 Puts


Extended Watchlist:
BKKT, PROG, RDBX, EQOS, OCGN, WBX, CCNC, AGC, METX, AIAD, CYBL, ASTI, IGEX 

MDGS News Brief, Options Ideas & More

Medigus, Ltd. MDGS – Fresh News Alert:

Our coverage of MDGS continues this morning with the company’s entry into yet another trendy market space. The news dropped this morning that through the investment of $400K in Safee, which runs a social media network on which users can create and trade NFTs (Non-Fungible Tokens).

We’ve been covering MDGS for quite some time now, and via strategic investments such as these, it has its hands in a wide range of promising interests.

Tel Aviv, Israel, Oct. 13, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that it will invest in Safee, a Non-Fungible Token (NFT) technology company. Safee’s social network allows creators and collectors to easily create, own, engage, control and trade digital goods. Safee’s mission is to expand the reach of NFTs to mass market buyers and creators, digital artists, illustrators, photographers, musicians, regular consumer digital content creators and more. Medigus will invest $400,000 in Safee and will hold approximately 2.5% share in the company. (>>Read Full PR)


Fastenal Co. FAST – Options Recap: 

Our lone fresh options idea in yesterday morning’s premarket report was a play on FAST following its earnings drop. We signaled interest in the FAST Weekly $50-52.50 Calls, and the stock broke out well past that range, facilitating some very nice intraday opportunities for us.

FAST Weekly $50-52.50 Calls
$50:
 2.65-4.10 (+55%)
$52: .55-2.15 (+291%)


ESS Tech, Inc. GWH – Recap:

Also in in yesterday morning’s premarket report, we tagged GWH for observation and we were pleased to see the kind of activity it produced on the day as well. It was the stock’s first day of trading on the NYSE, and its first mark left an impression!

From a low of 15.26, GWH ran as high as 28.92, for an intraday run amounting to 90% With that type of day one volatility, we’re very interested to continue observing this play as it finds its footing.


Fresh Options Ideas:
INFY Weekly $22 Calls
JPM Weekly $165-167.50 Calls


Extended Watchlist:
NEW, WTRH, JSPR, RLX, KOSS, AHFD, MJWL, TONR, QBAN, IGEX, CZNI, BNOW

Friday’s Rippers, Fresh Ideas

Reviewing Winning Options Plays: 

We made our typical attempt at unearthing some winning options ideas on Friday morning, and with a boatload of earnings reporters to choose from we went with Twitter and Snapchat, in addition to some SPY calls, as we were confident in a bullish session for the markets at large.

Our estimation proved accurate as the markets ripped all day long, and that made for some interesting daily gain opportunities in our designated contract sets. Specifically, we were tracking the TWTR Weekly $71.50-73 Calls, the SNAP Weekly $72.50-73.50 Calls, and the SPY 07/23 $436-437.50 Calls.

In each and every case we were afforded the opportunity to log multi-bag intraday gains. The total ranges and moves on those plays were as follows:

TWTR Weekly $71.50-73 Calls
$71.50: .59-1.56 (+164%)
$72: .45-1.24 (+175%)
$72.50: .32-.97 (+203%)
$73: .23-.73 (+217%)
_____

SNAP Weekly $72.50-73.50 Calls
$72.50:
 2.48-6.44 (+160%)
$73: 2.00-6.05 (+202%)
$73.50: 1.30-5.32 (+309%)
_____

SPY 07/23 $436-437.50 Calls
$436: 1.22-4.43 (+263%)
$437: .64-3.49 (+445%)
$437.50: .41-2.97 (+624%)


Fresh Options Ideas:
TSLA Weekly $645-650 Calls
HAS Weekly $94.50-96 Calls


Extended Watchlist:
NAOV, IMV, XBIO, DYNT, TYME, IGEX, FERN, CYBL, PHIL, BOTY, EEGI, SDVI,