A Winning Wednesday, 5 Fresh Picks

Wednesday’s Winners:

In yesterday morning’s premarket report, we placed a trio of potential options trading ideas on watch, and were pleased with the intraday performances on all three of them. Generally, we don’t often miss on our quick-strike (weekly expiration) ideas. We like to occasionally mix in longer-term swing trade ideas that may take awhile to come to fruition, but our strongest suit is definitely ID’ing plays for ‘today’ on any given day.

Yesterday’s plays were the PDD Weekly $149-152.50 Calls, the GIS Weekly $71-72 Calls, and the INTC Weekly $42.50-43.50 Calls, and all three sets of calls fared rather well. Here were the performances they laid down:

PDD Weekly $149-152.50 Calls
$149
: .32-.72 (+125%)
$150: .19-.35 (+84%)
$152.50: .25-.46 (+84%)
_____

GIS Weekly $71-72 Calls
$71
: .70-1.50 (+114%)
$72: .37-.90 (+143%)
_____

INTC Weekly $42.50-43.50 Calls
$42.50: .49-.81 (+65%)
$43: .37-.61 (+65%)
$43.50: .26-.45 (+73%)


Fresh Options Ideas:
SPY 03/21 $522-523 Calls*
MU Weekly $111-113 Calls
ACN Weekly $357.50-350 Puts
DRI 04/19 $170-165 Puts
CHWY Weekly $17-16.50 Puts

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


Extended Watchlist:
ASST, KAVL, LU, YTEN, LASE, CURI, GOEV, IGPK, SPZI, LQMT

CBIH to Begin Clinical Trials, Options Review & 3 New Ideas

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

We’ve got another fresh PR from CBIH to hit the wires this morning, and it concerns one of the primary topics that was featured in our initial report on the company, Orthocann. It’s a cannabinoid-based knee injection for sufferers of chronic osteoarthritis, and it appears set to undergo clinical trials, per the following announcement:

HOUSTON, TX–(Newsfile Corp. – March 20, 2024) – Cannabis Bioscience International Holdings, Inc. (OTC Pink: CBIH) has announced the enrollment of the first patient for the clinical trial of its new intra-articular cannabinoid-based injection for knee osteoarthritis. The company plans to test the product on its first participant, and after careful collection and analysis of clinical outcomes, start enrollment of a bigger sample of patients to administer the treatment and further evaluate its efficacy. (>>View Full PR)

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


Successful Options Review:

Yesterday’s session turned out pretty well for the potential options trading targets that we mentioned in our premarket report. Two out of the three ideas produced some nice intraday movement, while the third was a set of May contracts that we may yet return to for an update. Speaking of which, in addition to outlining yesterday’s gainers, we also have a couple of longer-term ideas that we formulated in recent reports for which we’ll provide a recap.

Yesterday’s runners were the STNE Weekly $16.50-15.50 Puts, and the DLO 04/19 $16-15 Puts, and the last two updates, on the SAIC 04/19 $135-130 Puts and the ADM 04/19 $57.50-60 Calls have links to the reports in which we first alerted on them.

STNE Weekly $16.50-15.50 Puts
$16.50
: .33-.53 (+61%)
$16: .15-.26 (+73%)
$15.50: .07-.15 (+114%)
_____

DLO 04/19 $16-15 Puts
$16: 1.00-1.52 (+52%)
$15: .60-1.00 (+67%)
_____

SAIC 04/19 $135-130 Puts (Alerted on 03/18)
$135: 6.26-9.75 (+56%)
$130: 2.73-5.20 (+90%)
_____

ADM 04/19 $57.50-60 Calls (Alerted on 03/11)
$57.50: 2.15-4.31 (+101%)
$60: 1.04-2.56 (+146%)


Fresh Options Ideas:
PDD Weekly $149-152.50 Calls
GIS Weekly $71-72 Calls
INTC Weekly $42.50-43.50 Calls


Extended Watchlist:
OBLG, JAGX, MGRX, ETAO, TGL, ENSV, TSHA, IGPK, BCEL, OPTI

Big Gains Tuesday, 4 Fresh Plays

Big Gain Tuesday:

We fared quite well yesterday on two fronts, with regard to our options targets this week. Not only did all three of the fresh possibilities we offered up in yesterday’s premarket report produce significant intraday movement to the topside, but both of Monday morning’s plays tacked on some pretty impressive new highs.

So, below we have yesterday’s figures for the SPY 11/28 $455-454 Puts, the PDD Weekly $132-134 Calls, and the ZS Weekly $185-182.50 Puts, as well as the two-day swings made by Monday’s plays, the WMT Weekly $155-157.50 Calls, and the BBY Weekly $69-70 Calls.

SPY 11/28 $455-454 Puts
$455:
 .14-1.34 (+857%)
$454: .05-.63 (+1160%)
_____

PDD Weekly $132-134 Calls
$132:
 4.21-8.31 (+97%)
$133: 3.77-7.55 (+101%)
$134: 2.87-6.50 (+126%)
_____

ZS Weekly $185-182.50 Puts
$185: .60-1.11 (+85%)
$182.50: .36-.63 (+75%)
_____

WMT Weekly $155-157.50 Calls
$155:
 1.78-4.10 (+130%)
$157.50: .53-1.87 (+253%)
_____

BBY Weekly $69-70 Calls
$69: .52-2.35 (+352%)
$70: .25-1.51 (+504%)


Fresh Options Ideas:
FL Weekly $25.50-27 Calls
WDAY Weekly $255-260 Calls
CRWD Weekly $215-220 Calls
NTAP Weekly $84-86 Calls


Extended Watchlist:
AITX, SONG, CBIA, BBRW, FZRO, ATXI, RDHL, WHLR, VVOS, ATNF, CPHI

Monday’s Movers, Trio of Fresh Ideas

Decent Start to the Trading Week:

We started off the week on a relatively quiet note yesterday, formulating just a pair of potential options plays that were not based on earnings, as the calendar was essentially empty on that front. We take what we can get around here, and each of the ideas in yesterday’s premarket report managed to produce notable intraday movement. The rest of the week should be better for us in terms of having more big name earnings reporters to work with.

As for yesterday’s winners, the WMT Weekly $155-157.50 Calls, and the BBY Weekly $69-70 Calls, here were the intraday runs and total possible profits that were on the table for traders:

WMT Weekly $155-157.50 Calls
$155:
 1.78-2.76 (+55%)
$157.50: .53-1.03 (+94%)
_____

BBY Weekly $69-70 Calls
$69: .52-1.09 (+110%)
$70: .25-.61 (+144%)


Fresh Options Ideas:
SPY 11/28 $455-454 Puts*
PDD Weekly $132-134 Calls
ZS Weekly $185-182.50 Puts

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


Branded Legacy Inc. (OTCMKTS:BLEG) – Recap:  

We began tagging BLEG in our extended watchlist on the 8th of this month, at which time the stock was trading for as little as .001. Yesterday, BLEG topped out at a new high of .0043, which marks an upswing of 420% in just under three weeks’ time.


Extended Watchlist:
OCEL, SONG, CATV, LBSR, BSEM, ICCM, RDHL, WHLR, HSCS, ESGL

Massive Wins Yesterday, 5 New Possibilities

Huge Sweep on Options Plays:  

We approached yesterday’s earnings dump boldly, with our premarket report for the day containing a menu of five options daytrading possibilities. All but one were bullish ideas, and the markets helped us along as stocks in general surged essentially all day. Despite that, even our one set of bearish targets saw some reasonable intraday moves. All in all, it was another hugely positive session for our daily interests.

Our highlighted plays Tuesday were the PDD Weekly $89-91 Calls, the BBY Weekly $75-77 Calls, the SJM 09/15 $145-150 Calls, the CTLT 09/15 $47.50-50 Calls, and the HEI 09/15 $160-155 Puts. The massive intraday runs and potential gain chances we saw were as follows:

PDD Weekly $89-91 Calls
$89:
2.96-7.47 (+152%)
$90: 2.00-6.65 (+232%)
$91: 1.74-5.90 (+239%)
_____

BBY Weekly $75-77 Calls
$75: 1.22-3.80 (+211%)
$76: .82-3.00 (+266%)
$77: .33-2.13 (+545%)
______

SJM 09/15 $145-150 Calls
$145: 1.75-4.00 (+129%)
$150: .25-.70 (+180%)
_____

CTLT 09/15 $47.50-50 Calls
$47.50: 1.35-3.15 (+133%)
$50: .65-1.95 (+200%)
_____

HEI 09/15 $160-155 Puts
$160: 2.60-4.23 (+63%)
$155: 1.50-2.45 (+63%)


Fresh Options Ideas:

We’re flipping the script from yesterday and presenting  four bearish possibilities and one bull. In this case the puts were all earnings reporters today, while we noticed FWRD on the Form-4 and like the current setup of the chart.

HPQ Weekly $29.50-28.50 Puts
BOX Weekly $29-28 Puts
AMBA Weekly $61-59 Puts
MCFT 09/15 $20 Puts
FWRD 09/15 $75-80 Calls


Extended Watchlist:
AGIL, ARAV, TCJH, DBGI, NAOV, DRMA, TIO, GSAT

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