Thursday Recap, 3 Ideas for Today

Solid Outing on Thursday:

We took a step toward yet another mistake-free trading week with our list of potential plays in yesterday’s premarket report, wherein we hashed out four possibilities that all returned solid performances. We’ll give it our best shot today at closing out the week without a hitch.

Yesterday’s movers were the NVDA Weekly $124-126 Calls, the TSLA Weekly $257.50-260 Calls, the PDD Weekly $125-127 Calls, and the MU Weekly $110-112 Calls. They produced the following intraday upswings for Thursday’s session:

NVDA Weekly $124-126 Calls
$124:
 .65-1.54 (+137%)
$125: .42-1.07 (+155%)
$126: .28-.70 (+150%)
_____

TSLA Weekly $257.50-260 Calls
$257.50: 1.40-2.43 (+73%)
$260: .91-1.57 (+72%)
_____

PDD Weekly $125-127 Calls
$125: 1.33-7.30 (+449%)
$126: 1.05-5.80 (+452%)
$127: .90-5.10 (+497%)
_____

MU Weekly $110-112 Calls
$110: .75-2.12 (+183%)
$111: .53-1.56 (+194%)
$112: .37-1.12 (+203%)


Fresh Options Ideas:
PDD Weekly $130-132 Calls*
COST Weekly $900-895 Puts*
SPY 09/27 $572-573 Calls*

*Only experienced traders should attempt to trade contracts on their day of expiration


Extended Watchlist:
DUO, XPON, CNEY, ONCO, RGF, MTC

Three Week Streak, Pair of Potential Plays

Recapping Friday’s Runners:

We accomplished what we set out to do on Friday, in witnessing positive intraday runs from all of our daily options ideas, and nailing down the completion of our THIRD straight week without a poor target! We are extremely proud of what we’ve been able to produce this summer, and the mega-streak continues.

The trio of possible plays we were tracking Friday consisted of the SPY 08/16 $552-551 Puts, the COHR Weekly $72-74 Calls, and the HRB Weekly $60 Calls. Their biggest intraday upswings were as follows:

SPY 08/16 $552-551 Puts
$552:
 .66-1.45 (+120%)
$551: .44-1.01 (+129%)
_____

COHR Weekly $72-74 Calls
$72:
 1.20-5.40 (+350%)
$73: 1.13-5.10 (+351%)
$74: .60-2.79 (+365%)
_____

HRB Weekly $60 Calls
$60: 6.31-8.50 (+35%)


Fresh Options Ideas:
EL Weekly $94-95 Calls
SPY 08/19 $554-555 Calls*

*Only experienced traders should attempt to trade contracts on their day of expiration


Extended Watchlist: 
APDN, TNXP, VRAZ, MAXN, RDHL, GOVX, ALZN, ONCO, AEMD, CMRX, ALTS

6000% Gainer Recap, 5 Fresh Ideas

Winning Options Review:

We went two for three on our ideas from our premarket report yesterday morning, a performance that is literally not half bad. Not to mention the fact that the ideas we did have put up some really nice double and multibag runs on the day.

In addition to our winning plays, the ASML Weekly $990-980 Puts, and the JNJ Weekly $150-152.50 Calls, we also want to swing back around and recap a target we selected last Thursday morning, the WDFC 07/19 $250 Calls which absolutely skyrocketed en route to a SIXTY-BAGGER! That’s a great way to end the week, as we will be taking an extremely rare vacation day tomorrow. We’ll see everyone bright and early Monday morning to kick off another great trading week filled with opportunities.

ASML Weekly $990-980 Puts
$990:
 26.06-58.21 (+123%)
$985: 23.28-51.50 (+121%)
$980: 19.06-48.40 (+154%)
_____

JNJ Weekly $150-152.50 Calls
$150:
 2.05-7.54 (+268%)
$152.50: .61-5.19 (+751%)
_____

WDFC 07/19 $250 Calls (Range from 07/11-07/17)
$250: .10-6.16 (+6060%)


Fresh Options Ideas:
NVS Weekly $110-105 Puts
TSM Weekly $172.50-177.50 Calls
UAL Weekly $46.50-47.50 Calls
NVDA Weekly $120-121 Calls
TSLA Weekly $250-252.50 Calls 


Extended Watchlist: 
ONCO, SYTA, BNOX, NKGN, APLM, DSY

CBIH News, Options Recaps, 3 Fresh Ideas

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

We first began tracking CBIH with our initial report on the stock coming on February 20th, subsequent to which we saw it run from .0006 to .0018 (+200%).  It then came back to a new low of .0004 at the end of last month, and following some exciting news to start out the week hitting the wires yesterday, CBIH ran all the way back to its previous resistance level at .0018, and did so on record volume. That marked another observed upswing for us, this time amounting to 350%

Here is a snippet from yesterday’s PR, which suggests that more big moves like we’ve seen from CBIH recently, could very well be in the cards going forward:

HOUSTON, June 17, 2024 (GLOBE NEWSWIRE) — Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH), a company dedicated to medicinal cannabis research for over 15 years, has achieved a 2 Billion dollar valuation. This achievement is a testament of the paradigm shift which will allow patients and the medical industry to consider cannabinoids as the first option, not a last resource. (>>View Full PR)

For more information on CBIH, please visit cbih.net
and/or contact Peter Nicosia at (585) 703-6565 with any inquiries.


Monday’s Options Movers:

We also want to highlight yesterday’s gainers from the options ideas we included with our premarket report. We had three ranges in three chains, and came up with solid gain potential on all three. After a great day to start this holiday-shortened week, we hope to keep our success going into the Juneteenth holiday, and pick up where we left off on Thursday.

Our Monday movers were the NVDA Weekly $133 Calls, the AVGO Weekly $1790-1800 Calls, and the DELL 07/12 $147-148 Calls. Here’s how they performed:

NVDA Weekly $133 Calls
$133: 
1.72-2.70 (+57%)
______

AVGO Weekly $1790-1800 Calls
$1790: 
40.00-71.80 (+79%)
$1800: 34.13-65.50 (+92%)
_____

DELL 07/12 $147-148 Calls

$147: 1.77-5.80 (+228%)
$148: 1.89-5.60 (+196%)


Fresh Options Ideas: 
LZB Weekly $35 Calls
PDCO Weekly $23-25 Calls
DELL Weekly $144-146 Calls


Extended Watchlist: 
NLSP, MBIO, SNOAQ, ASNS, RELI, QLGN, KTRA, ONCO, MLGO, SILK

Thursday’s Multi-Baggers, 4 New Ideas

Thursday’s Big Runners:

Another day of options trading ideas went off without a hitch yesterday, with our premarket report containing three possibilities, all of which returned multi-bag performances on the day. We have been carrying such a head of steam, it seems like virtually everything we highlight ends up to be a big time mover.

Yesterday’s potential targets were the WMT Weekly $62-64 Calls, the JD Weekly $34-35 Calls, and the DE Weekly $395-390 Puts, and the gains were remarkable across the board. Out eleven total contract sets, seven ran at least 400%, while one actually surpassed the 1600% mark!. Yesterday’s gainers were no joke, and we’ll be hoping to finish out the week today on another strong note.

WMT Weekly $62-64 Calls
$62:
 1.04-2.40 (+131%)
$63: .50-1.45 (+190%)
$63.33: .31-1.12 (+261%)
$64: .11-.58 (+427%)
_____

JD Weekly $34-35 Calls
$34:
 .18-.90 (+400%)
$34.50: .04-.69 (+1625%)
$35: .07-.48 (+586%)
_____

DE Weekly $395-390 Puts
$395:
 .47-2.80 (+496%)
$392.50: .27-1.63 (+404%)
$390: .16-1.03 (+594%)


Fresh Options Ideas:
DOCS Weekly $27.50 Calls*
AMAT Weekly $212.50-217.50 Calls*
BEKE Weekly $20.50 Calls*
RDDT Weekly $61.50-62.50 Calls*

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


Faraday Future Intelligent Electric, Inc. (NASDAQ:FFIE) – Recap:

On Wednesday morning, we signaled interest in tracking FFIE, and on that day, we would observe a low of .3883 in this NASDAQ stock. After just a couple of days, this morning in the premarket we are seeing a new high of 3.02, which marks an awesome upswing of 678%


Extended Watchlist: 
CRKN, AKAN, PEGY, DUO, SLNA, FLJ, ONCO, SMX, AGRI, FSRN, NSAV, RONN, BLOZF, STAL

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