C-Bond Systems, Inc. CBNT – News Update
We were covering CBNT all last month, wherein we witnessed a run of over 130% as the stock traded from a low of .05-.1162 in a span of just a couple of weeks. We wanted to kick off this week by passing along the company’s fresh PR to any of our readers who may still be following its story.
CBNT is in the running for the 2019 Fleet Europe Innovation Award with its NanoShield™ technology, and for what it’s worth, they have our vote.
HOUSTON, Nov. 04, 2019 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology company that improves and strengthens glass, announced today that the C-Bond NanoShield™ final presentation for the 2019 Fleet Europe Innovation Award will be held on November 6, 2019, at the Fleet Europe Summit in Estoril, Portugal. The winner will be announced on November 7th. To vote for C-Bond NanoShield please visit the Fleet Europe Innovation Award website at https://votes.fleeteurope.com/innovation.html#.XbwuWT-oskl. (>>View Full PR)
We offered up a few fresh ideas for Friday’s session. These were the big winners of the bunch:
Alibaba Group Holding Ltd. BABA Weekly $175-180 Calls
$175 Calls – Range: 3.00-7.05 Max Gain: 135%
$180 Calls – Range: .44-2.45 Max Gain: 457%
US Steel Corp. X Weekly $12 Calls
$12 Calls – Range: .31-1.75 Max Gain: 465%
UAA Weekly $19.50-18 Puts
RACE Weekly $167.50-172.50 Calls
AWSM, USM, ASNA, PIRS, OCGN, ACOR, HTBX
Nike Inc. NKE
The first of two fresh options ideas submitted in our report in yesterday’s premarket, our NKE targets provided us with some good opportunities early on in the session.
It was the NKE Weekly $89-91 Calls, and despite low volume in the $90.50’s, the rest of those targets worked out just fine. Here are the total possible intraday gains that were on the table.
$89 Calls – Range: 1.69-2.69 – Max Gain: 59%
$89.50 Puts – Range: 1.32-2.06 – Max Gain: 56%
$90 Calls – Range: .99-1.77 – Max Gain: 79%
$91 Calls – Range: .55-1.10 – Max Gain: 100%
SPDR S&P500 (ETF) SPY
By now, our regular readers should know that the SPY is often our go-to target for on-the-fly options ideas. It’s a market analog that has rarely failed us in the past.
Yesterday’s idea of the SPY Weekly $296-297 Calls was no exception to this. Here are the single-session gins that were possible with these ideas.
$296 Calls – Range: 1.06-2.70 – Max Gain: 155%
$296.50 Puts – Range: .85-2.32 – Max Gain: 173%
$297 Calls – Range: .67-1.95 – Max Gain: 146%
The SPY is gapping up again this morning. We’d expect to see these gains extended, and will expand our track list to include the $297.50 and $298 Calls as well.
Fresh Options Ideas:
KBH Weekly 10/18 $32-33 Calls
PIRS, AREX, EYRN, DHT, STNG, GMO, VBIV
Overstock.com, Inc. OSTK
On Friday, we identified a pair of options targets for OSTK, the 10/04 $15.50 & 16 Calls. Despite falling to the low side toward the end of the day, there were some early opportunities for our designated contracts.
The $15.50 Calls traded up from 1.50-1.90 for a notable 27% intraday move, while the $16 Calls traded in a range from 1.40-1.96 (+40%).
With the late session dip, OSTK fell considerably, but we view this as no less than a buy-in opportunity on these very same contracts. We like the chances of seeing a quick rebound, and the potential for further gains out of these plays over the course of the next trading week or two.
Fresh Options Ideas:
ROKU 11/01 $115-118 Calls
MDR, AVDL, KNDI, OGEN, DRD, NTEC, CANF, PIRS, INPX