Ending Another Great Trading Week on a High Note

On the Brink of Another Flawless Weekly Run:

As we were mentioning in yesterday morning’s report, we are right on the cusp of stringing together the second consecutive week without missing on a single options idea. We took the next-to-last step yesterday by putting up a list of five possible options plays, all five of which produced notable intraday upswings. That brings it down to today, and with another nice group of earnings reporters with new figures out this morning, there’s a solid chance that we will complete this second weekly sweep of perfection.

Yesterday’s targets, nearly all bearish in nature, were the PANW Weekly $245-240 Puts, the WMT $162.50-157.50 Puts, the BABA Weekly $82-80 Puts, the NTES Weekly $115-110 Puts and the NICE Weekly $190 Calls, and here we have the performances they exhibited for the day:

PANW Weekly $245-240 Puts
$245:
 3.77-7.58 (+101%)
$242.50: 2.55-5.60 (+120%)
$240: 1.49-4.13 (+177%)
_____

WMT $162.50-157.50 Puts
$162.50: 2.80-7.00 (+150%)
$160: 1.75-4.50 (+157%)
$157.50: .66-2.35 (+256%)
_____

BABA Weekly $82-80 Puts
$82:
 1.77-3.70 (+109%)
$81: 1.09-2.66 (+144%)
$80: .60-1.92 (+220%)
_____

NTES Weekly $115-110 Puts
$115: 2.25-3.30 (+47%)
$110: .33-.75 (+127%)
_____

NICE Weekly $190 Calls
$190:
 2.15-6.46 (+200%)


Fresh Options Ideas:
SPY 11/17 $451-452 Calls*
GLBE Weekly $30 Calls*
ROST Weekly $126-128 Calls*
BJ Weekly $65 Puts*
AMAT Weekly $145-143 Puts*

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


Extended Watchlist:
BEGI, CDIX, BLQC, HLGN, NICH, BCNN, EBET, EARI, BOMO, CRCW, BDRL

All 5 of Thursdays Options Ideas Hit, More New Plays

Clean Sweep on Options:

We routinely acknowledge that nobody can be right in their picks 100% of the time, which makes it all the more pleasing when we’re able to provide our readers with a big slate of options ideas that all deliver for us on a given day. Such was the case with yesterday morning’s premarket report, in which we formulated five potential target ranges, and were met with intraday gain chances across the board. All hail earnings season!

Our areas of interest were the SPY 07/22 $394-395 Calls, the CSX Weekly $30-31 Calls, the T Weekly $21-19.50 Puts, the UAL Weekly $40-39 Puts, and the LVS Weekly $37.50-38.50 Calls. Here were the impressive moves that came out of those designated targets:

SPY 07/22 $394-395 Calls
$394:
 1.52-5.40 (+265%)
$395: 1.20-4.64 (+287%)
_____

CSX Weekly $30-31 Calls
$30: .55-1.20 (+118%)
$30.50: .35-.75 (+114%)
$31: .15-.48 (+220%)
_____

T Weekly $21-19.50 Puts
$21: 1.87-2.70 (+44%)
$20.50: 1.50-2.25 (+50%)
$20: .17-1.78 (+947%)
$19.50: .20-1.34 (+570%)
_____

UAL Weekly $40-39 Puts
$40: 1.04-2.75 (+164%)
$39.50: .96-2.25 (+134%)
$39: .62-1.85 (+198%)
_____

LVS Weekly $37.50-38.50 Calls 
$37.50: .80-2.40 (+200%)
$38: .50-1.90 (+280%)
$38.50: .39-1.46 (+274%)


Fresh Options Ideas:
AXP Weekly $155-157.50 Calls*
SLB Weekly $34-35 Calls*
SNAP Weekly $13-11.50 Puts*
HCA 08/19 $200-210 Calls
VZ Weekly $47-45.50 Puts*

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders. 


OTC Recap:

We’ve also got a pair of OTC updates for you this morning. We called OWUV on Tuesday morning, and GEGR yesterday, and they put forth the following new highs for us.

One World Universe, Inc. OWUV
Range: .0318-.116
Gained: +265%
_____

Gaensel Energy Group, Inc. GEGR
Range: .0805-.1779
Gained: +121%


Extended Watchlist: 
EMGE, LIACF, RGBP, GWSO, HEMP, FERN, NICH, MKGP, SDIG, TKLF, GFAI, COMS

Reviewing Friday’s Winners, Fresh Plays

Recapping Friday’s Runners: 

As our regular readers should know, we focus a lot on quick-strike trading ideas for the SPY, and in typical fashion, we played the SPY successfully quite a bit last week. We hashed out some fresh single-session ideas for it on Friday morning in our premarket report, along with some calls for this week in the WDFC chain.

Both of those sets of targets produced solid results on the day with help from the bullish market performance, which peaked shortly after midday. We were able to observe some multi-bag runs in our SPY calls, and some more modest yet still solid moves from the WD-40 Company.

Those trading ranges and total possible gains were as follows: 

SPY 04/08 $448-449 Calls
$448:
 .74-2.90 (+67%)
$449: .50-2.10 (+312%)
_____

WDFC 04/14 $190-200 Calls
$190: 6.65-10.60 (+60%)
$195: 4.11-7.00 (+67%)
$200: 1.51-4.40 (+312%)


Fresh Options Ideas:
SPY 04/11 $446-444 Puts
SHAK 06/17 $65 Calls 


1812 Brewing Company, Inc. KEGS – News Update:

We also have got another PR update on KEGS this morning, focusing on the execution of the next phase of its plan to clean up the share structure of the company. Last week we passed along the report that KEGS would be undergoing a large reduction in its authorized shares, and this morning, we see that the CEO will be retiring a half a billion common shares from his own holdings.

It’s refreshing to see a company that is so committed to creating shareholder value, and a more attractive prospect for new investors as well. KEGS is on the right track toward marked improvement, and we’ll be along for the ride, monitoring the situation as it continues to unfold.

Watertown, NY, April 11, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) announced that it has agreed to cancel five hundred million (500,000,000) common stock shares held by its CEO, Tom Scozzafava.  Further, the CEO stated that he could retire or exchanging as many shares that he owns to help increase overall shareholder value regardless.  “My interest is in the long-term viability and growth of the Company, and I am committed to doing what is in the interest of just that.” (>>View Full PR)


Extended Watchlist:
HMLA, KGKG, HMBL, IGEX, NICH, SBES, NUGN, HOTH, IVDA, VERU, GNCA