More Huge SPY Gains, 2 Fresh Plays

Monday’s Movers:

We started the week off on solid footing, while still dealing with a low period for big earnings reporters. We fashioned a pair of ideas for yesterday’s premarket report, and they both produced positive results, on very different levels. We tend to stick with the SPY when there’s not a lot of earnings drops, and the potential gains we saw there yesterday demonstrates the reason for that.

Our designated ideas for Monday’s session were the SPY 06/30 $616-617 Calls, and the PRGS 07/18 $65-67.50 Calls. These were the biggest runs they recorded:

SPY 06/30 $616-617 Calls
$616:
.51-3.19 (+525%)
$617: .24-2.21 (+821%)
_____

PRGS 07/18 $65-67.50 Calls
$65: 2.55-3.30 (+29%)
$67.50: 1.70-2.30 (+35%)



Fresh Options Ideas:

SPY 07/01 $615-616 Calls*
MSM 07/18 $85 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
BGLC, OGEN, VVOS, CLRO, WOLF, GPUS, BMNR, TRNR, ATAI, ARBK

Options Recap, 5 New Ideas

Wednesday’s Movers:

After selecting three possible options trading targets in our premarket report yesterday, we were met with good results right out of the gate on two of the three. We’ll keep those August ZM calls in our back pocket for the time being, because we’re still confident in the target in the coming weeks.

As for the ideas that did pan out instantly yesterday, we had the NVDA Weekly $133-134 Calls, and the SGH 07/19 $25 Calls. These were the intraday upswings they recorded for Wednesday’s session:

NVDA Weekly $133-134 Calls
$133:
 2.02-3.20 (+58%)
$134: 1.60-2.55 (+59%)
_____

SGH 07/19 $25 Calls
$25:
 1.16-4.40 (+279%)
_____

We have been targeting multiple options ideas with 07/19 expiration over the past few weeks, so we also wanted to circle back around for a play we alerted on last Tuesday morning, the MSM $75 Puts. It illustrates why it’s a good idea for us to continue tracking longer-term plays even if they don’t produce opportunities for us on the first day. The move in these puts was substantial.

MSM 07/19 $75 Puts
$75:
 .24-.83 (+246%)


Fresh Options Ideas:
NVDA Weekly $135-136 Calls
SPY 07/11 $561-562 Calls*
DAL Weekly $43.50-42.50 Puts
WDFC 07/19 $250 Calls
TSLA Weekly $265 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced day traders


Extended Watchlist: 
KZIA, RNLX, BSFC, VLCN, BDRX, VLCN, YGMZ, STAL

Options Recaps, 3 Fresh Ideas

Two for Tuesday:

We had a good, solid, outing yesterday, if not a highly impressive one. We had signaled a couple of bearish ideas for our our premarket report, and although we didn’t get much juice from the markets which trended upward all day long, we still saw gains across our relatively small board. Out of four possible strikes only our lone target in the MSM chain registered a multibag move on the session, so that was definitely the play of the day.

Our watchlist consisted only of the MSM 07/19 $75 Puts, and the CRWD Weekly $390-385 Puts. Here were the upswings we witnessed therein:

MSM 07/19 $75 Puts
$75: 
.24-1.00 (+317%)
_____

CRWD Weekly $390-385 Puts
$390: 6.45-9.13 (+41%)
$387.50: 4.96-7.10 (+43%)
$385: 3.50-5.59 (+60%)


Fresh Options Ideas:
STZ Weekly $262.50-267.50 Calls
TSLA Weekly $235-240 Calls
AZEK 07/19 $40 Calls


Extended Watchlist: 
ARDX, ZCAR, MAXN, SMX, VVPR, CNSP, PARA, SCLX, CVAC

Monday’s Huge Runners, New Potential Plays

A Great Way to Start the Week:

We were very happy yesterday with the performance of the potential options plays we highlighted in our premarket report for the day, kicking off this short trading week with an extremely positive vibe. We outlined three sets of potential strikes, and saw multi-bag intraday movement from each and every one.

We were focused on the SPY 07/01 $544-545 Calls, the DELL Weekly $138-140 Calls, and the ABNB Weekly $152.50 Calls for the session, and they put up the following impressive figured on the day:

SPY 07/01 $544-545 Calls
$544: 
.63-2.00 (+217%)
$545: .12-.89 (+642%)
______

DELL Weekly $138-140 Calls
$138: 
.94-7.10 (+655%)
$139: .75-6.00 (+700%)
$140: .64-5.40 (+744%)
_____

ABNB Weekly $152.50 Calls
$152.50: 
.58-1.18 (+103%)


Fresh Options Ideas:
MSM 07/19 $75 Puts
CRWD Weekly $390-385 Puts


Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) – News Update:

We’ve got another news release from CBIH, a company we first began tracking on February 20th, which has made a lot of significant announcements over that time frame. On this occasion, the company has relayed some important news regarding the patent status of its cannabis-based cancer treatments.

We have come to know CBIH not only as a company with a lot going on, but a stock that has the capability of making significant upswings, as it has already done a couple of times. We’re interested to continue following its story.

HOUSTON, July 01, 2024 (GLOBE NEWSWIRE) — Cannabis Bioscience International Holdings (OTCMKTS: CBIH) is excited to announce the submission of our inaugural pair of patents, focusing on novel treatment methodologies for breast and pancreatic cancers, for legal review and subsequent registration. (>>View Full PR)


Extended Watchlist: 
VS, SYTA, RDZN, GNM, CSSEP, JFBR, MMVWW, VLSN, ZAPP, HOLO

Tuesday’s Top Up-Tickers, 5 New Possibilities

Tuesday’s Options Updates:

We finally ran into a hitch for the first time this year yesterday, with one of the three potential options plays we laid out in our morning report failing to produce instant results. Our BOX 01/19 $25 Calls may need some more time to produce a sizable upswing, but the other two targets certainly worked out for us on the day.

Those plays were the MSM Weekly $90 Puts, and the AYI 01/19 $210-220 Calls, and below you’ll find the intraday moves on those, as well as another update on the CYTK 01/19 $70 Calls which we’ve been tracking since December 29th, after they recorded an impressive new high this week. It’s a good example of how some of our longer-term ideas can take slightly longer to come to full fruition.

MSM Weekly $90 Puts
$90:
 .20-.65 (+225%)
_____

AYI 01/19 $210-220 Calls
$210: 7.50-18.56 (+147%)
$220: 2.35-9.00(+283%)
_____

CYTK 01/19 $70 Calls
$70: 8.00-40.00 (+400%)



Fresh Options Ideas:
NVDA Weekly $532.50-537.50 Calls
WDFC 01/19 $250 Calls
AEHR 01/19 $20 Puts
SGH 01/19 $20 Calls
W 01/26 $55 Calls


Extended Watchlist:
SDCCQ, CEOS, MONI, SAPX, SNPW, GGII, BBLR, NFTG, AMRN

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