Huge SPY Gains, KEGS News Alert & More

Massive SPY Gains: 

Monday is upon us once again and we’re ready to kick the tires and light the fires on another big trading week. We made out like bandits on Friday, after signaling some SPY calls in our premarket report, one of which registered one of the largest single session gains our ideas have yielded this year.

Both of our quick-strike targets put up positive figures. Specifically, we were looking at the SPY 04/01 $452-453 Calls, and the BABA Weekly $112-116 Calls. and the potential gains from which were as follows:

SPY 04/01 $452-453 Calls
$452:
 .07-1.23 (+1657%)
$453: .01-.40 (+3900%)
_____

BABA Weekly $112-116 Calls
$112:
 3.36-5.00 (+49%)
$113: 1.41-6.10 (+333%)
$114: 2.03-3.25 (+60%)
$115: 1.51-2.52 (+67%)
$166: .85-3.50 (+312%)


Fresh Options Ideas:
TWTR Weekly $44-45.50 Calls
B 06/17 $40-45 Calls


1812 Brewing Company, Inc. KEGS – News Update:

We’ve also got another major PR update from KEGS this morning which could have significant impact on the stock moving forward, so this is definitely something that requires our immediate attention.

The company is moving to reduce its number of authorized shares by half, with an allusion to even further reductions at a later date. Share reductions can go a long way to increasing the overall health and attractiveness of a stock, KEGS certainly seems committed to that mission.

Watertown, NY, April 04, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) is pleased to announce that it shall reduce the Company’s authorized shares by 50%.  “It’s hard to imagine a scenario wherein the Company would need to issue 20 billion shares, and to have the Authorized Shares at that level may even be counterproductive to our ongoing efforts to reduce the Company’s overall cost of capital” stated Chairman and CEO Tom Scozzafava.  He continued, “This is a case where perception can create the reality.  If it is perceived that that many shares must be issued to fund your company, then that many shares may just, in fact, be needed.  And that certainly is not our intent.”

The Company’s current Authorized Shares are approximately 20 billion, the move would decrease that to approximately 10 billion.  Finally, Mr. Scozzafava stated, “and if operations continue to progress as they have been, an additional 50% decrease from there is likely.”  The Authorized Share reduction is subject to shareholder and board resolutions and an accepted filing with the State of Florida. (>>View PR)


Extended Watchlist: 
PLX, SPI, RCAT, BRQS, KATX, CRYM, KGKG, CLNH

NKE, MU Options Recaps, Fresh Plays

Micron, Nike Options Recaps:

We signaled interest in just a couple of options chains yesterday, targeting Micron and Nike on the heels of their earnings reports. In particular, we were after the MU 12/23 $86-89 Calls, and the NKE 12/23 $157.50-162.50 Calls.

We hit on both ideas for the day, with all seven of the contract sets contained within those ideas producing notable intraday activity which yielded the following total possible gains:

MU 12/23 $86-89 Calls 
$86: 2.79-5.35 (+92%)
$87: 2.13-4.45 (+109%)
$88: 1.52-3.62 (+138%)
$89: 1.27-2.86 (+125%)
_____

NKE 12/23 $157.50-162.50 Calls
$157.50: 7.70-10.88 (+41%)
$160: 5.65-8.87 (+57%)
$162.50: 3.75-6.45 (+72%)


Fresh Options Ideas:
TWTR 01/28 $48-50 Calls
KMX 12/23 $139-143 Calls


OTC Updates: 

We’ve got more runners on the stock side of things to report this morning, including a new high in OWUV which just appeared in yesterday’s newsletter. ONPH is another OTC play we’ve been tracking this week and it also hit multi-bag gainer status.

Oncology Pharma, Inc. ONPH
Alerted: Dec. 20th
Range: 3.53-7.27
Gained: +106%
_____

One World Universe, Inc. OWUV
Alerted: Dec. 9th
Range: .153-.3998
Gained: +161%


Extended Watchlist:
NWBO, SBES, VBHI, DBRM, ICNM, CCAJ, GCEI, BVXV, AVCT, RCAT, BRTX

Longer-Term Options Plays & More

Reviewing Last Week’s Success:

Last week was more than solid in terms of how we fared with our options trading ideas. After a big time week wherein we unearthed multiple thousand-percent or better gains, we closed things out with a bang on Friday by going two for three on on the fresh ideas we had signaled.

Our targets, the NKE Weekly $155-152.50 Puts and the COST Weekly $452.50-457.50 Calls both produced some really nice intraday gain opportunities for ourselves and our readers, and put a nice cap on one heck of a trading week.

NKE Weekly $155-152.50 Puts
$155:
 3.75-7.05 (+88%)
$152.50: 2.37-4.48 (+89%)
_____

COST Weekly $452.50-457.50 Calls
$452.50: 4.74-16.00 (+238%)
$455: 3.05-13.64 (+347%)
$457.50: 5.00-10.22 (+104%)


Fresh Options Ideas:
CDZI 11/19 $7.50 Calls
HYFM 11/19 $35-40 Calls 


Trans Global Group, Inc. TGGI – More New Highs:

We were just reporting back to our readers Friday morning on a OTC play we’ve been tracking in our reports repeatedly since initially flagging it on Aug. 12th.

We first caught TGGI at a low of .003, and after yet another mammoth session on Friday, it soared to a new high of .0267. That works out to an amazing run of 790% over the past six weeks or so and it has been very entertaining to watch.


Extended Watchlist:
RCAT, BBIG, PALT, PHCF, GTOR, CGAC, ETEK, TGHI, VPER, ICOA, PUGE