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%)
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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

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.


More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.


Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
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Fresh Options Ideas:
GSX 06/19 $30-35 Calls  

STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls 


Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

Kicking Off a Fresh Trading Week

Luckin Coffee, Inc. LK – Options Recap 

This past Wednesday morning, we signaled a range of calls in the LK chain, and the incredible move made by the stock on Friday, pushed those contracts to some very lofty gains.

LK stock itself ran from a low of 21.95 and hit 27.31, registering as the NASDAQ’s #6 top daily gainer, and moving up 24% in the process, which is a fantastic intraday move for a $20+ stock.

As far as our targets of interest, the LK 11/22 $19-21 Calls, the following gains were possible with Friday’s amazing run.

$19 Calls – Range: 1.96-5.75 – Max Gain: 193%
$19.50 Calls – Range: 1.70-4.50 – Max Gain: 165%
$20 Calls – Range: 1.35-6.50 – Max Gain: 381%
$20.50 Calls – Range: 1.10-3.60  – Max Gain: 227%
$21 Calls – Range:  .71-5.37 – Max Gain: 656%


Eros International plc EROS 

We’ve been tracking EROS since October, with the first of two alerts in that moth coming on the 9th.

Since that time we have witnessed some pretty nice activity in the stock, observing a low of 1.25, and as of this morning’s premarket high of 2.70, it has made an overall move of 116%

We are going to highlight some EROS options as well for a fresh idea to start the week off with, the EROS 12/20 $2.50 Calls.


Extended Watchlist:
SGLB EKSO, SMSI, SRRA, ALNA, VNTR, RTTR