Tag: MJWL

Ending the Trading Week on a High Note

Bearish Plays Yield Gains:

We have been shrewdly hitting on big options plays this week, and we carried that trend through yesterday’s session. Things looked grim for stocks in the premarket, so we signaled a couple of bearish ideas to take advantage of the day’s sentiment. It worked like a charm, with both of our designated sets of puts providing ample opportunity for intraday gains.

We were targeting the PATH 04/14 $25-22.50 Puts, and the WBA Weekly $47.50-46.50 Puts, and got some very nice movement from those plays, with ranges and percentage gains as follows:

PATH 04/14 $25-22.50 Puts
$25: 2.20-4.71 (+114%)
$22.50: .95-2.65 (+179%)
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WBA Weekly $47.50-46.50 Puts
$47.50: 2.27-3.27 (+44%)
$47: 1.52-2.77 (+82%)
$46.50: 1.30-2.20 (+69%)

Fresh Options Ideas:
SPY 04/01 $452-453 Calls*
BABA Weekly $112-116 Calls*
YETI 05/20 $70-75 Calls
AEHR 04/14 $10-12.50 Calls 

*Please do not attempt to trade options contracts on their day of expiration unless you are an experienced trader with access to disposable funds.

Extended Watchlist: 
LGVN, BLBX, HUSN, IQ, BILI, ABIT, MJWL, CYDY, MSTO, NICH, 

Huge Run in SPY Puts, 3-Pack of New Ideas

SPY, NDVA Options Updates:

We’re back in the saddle and ready to kick off another fine week of options trading! We had good fortune last week to begin the new year, and we wrapped things on Friday with a couple more good ideas. Two of our three potential targets bore fruit for ourselves and our readers.

We were tracking the SPY 01/07 $467-466 Puts and the NVDA 01/14 $280-285 Calls and they produced some pretty respectable gain opportunities on the day. Here are the daily moves they registered and the total possible profits which could have been reaped as a result. In the case of the SPY, they were particularly impressive runs.

We also have an update on the new highs in the LW 01/21 $65 Calls which we signaled for observation on Thursday morning.

SPY 01/07 $467-466 Puts
$476: .54-2.77 (+412%)
$477: .38-2.08 (+447%)
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NVDA 01/14 $280-285 Calls
$280: 4.45-6.44 (+45%)
$282.50: 3.73-5.44 (+46%)
$285: 3.10-4.55 (+47%)
_____

LW 01/21 $65 Calls
$65: 3.50-5.90 (+69%)

Fresh Options Ideas:
TLRY Weekly $6.50-7.50 Calls
SFIX Weekly $19 Calls 
SPY 1/10 $465-462 Puts

Extended Watchlist:
KRUS, TGGI, MJWL, OPTI, IDEX, AVVH, IFAN, RVPH, PSTI, BBLG, ISIG 

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