Solid Start to the Week:
We got things off to a fine start on Monday morning with the pair of plays listed in our premarket report both producing intraday gain opportunities. It was a light load in terms of big time earnings reporters on the calendar, but we made it happen all the same.
We had the EL Weekly $94-95 Calls, which fared reasonably well, and the SPY 08/19 $554-555 Calls, which went on an incredible multibag run on the day. Here’s how those performances shook out:
EL Weekly $94-95 Calls
$94: 1.90-3.20 (+68%)
$95: 1.40-2.01 (+44%)
_____
SPY 08/19 $554-555 Calls
$554: 1.03-5.50 (+434%)
$555: .59-4.44 (+652%)
Fresh Options Ideas:
PANW Weekly $347.50-352.50 Calls
FUTU Weekly $62-63 Calls
TSLA Weekly $225-227.50 Calls
FN 09/20 $260-270 Calls
Alzamend. Inc. (NASDAQ:ALZN) – Recap:
We also wanted to briefly update on the run put up by ALZN, which we flagged in our extended watchlist. Due in part to the recent news of monkeypox outbreaks, this stock ran hard from a low of 5.72 on up to 15.06, which works out to an intraday pop of 136%
Extended Watchlist:
INM, TANH, TGL, HOLO, AUUD, PRFX, MLGO, PITA,