GVSI Breakout, Options & More

Snap, Inc. SNAP – Options Review:

We formulated some options ideas for the SNAP chain in Friday morning’s premarket report. With the help of a solid market push as well as the company’s 1Q earnings beat, we saw some really nice gain opportunities there toward the end of the session to close out the week in a big way.

We were tracking the SNAP Weekly $59.50-61 Calls which recorded the following intraday MEGA-moves for us on the day:

SNAP Weekly $59.50-61 Calls
$59.50: .12-2.20 (+1733%)
$60: .08-1.81 (+2162%)
$60.50 : .05-1.16 (+2220%)
$61 : .03-.79 (+2533%)
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Post-Earnings Options Ideas: 

PFPT 05/21 $170-175 Calls
OTIS 05/21 $70-75 Calls 


Good Vibrations Shoes, Inc. GVSI – Update:

We initially flagged GVSI last Tuesday morning, and on that day the stock was trading for as little as .0036. Volume was high throughout the week and the stock began to run. It hasn’t looked back, as it persisted through subpenny territory and well into Pennyland.

GVSI not only passed a penny, but nearly made it to two on Friday, hitting a new high of .019. That worked out to a four-day upswing of 428% over our observed low! We are also seeing premarket trades over two cents this morning, so the momentum seems to be spilling over into this new trading week.
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FBC Holding Inc. FBCD – Speaking of subpenny plays on recent runs. We re-tagged FBCD on Friday, after it initially caught our eye earlier in the month. From a low of .0037, the stock hit .0082, which made for an increase of 122%


Extended Watchlist:
MMEDF, GGII, ABML, PJET, HESG, MMEX, EEGI, SNPW, RETC, SRMX

Explosive Options Gains, More New Ideas

Options Train Keeps Rolling:

Once again, we’re kicking off our daily report with positive options trading highlights. With an assist from the markets which reversed off of the previous sessions’ bearishness and pushed to new highs all day, all of the quick-strike weekly options plays we signaled in yesterday morning’s report experienced considerable intraday moves.

We were looking at the ISRG Weekly $835-850 Calls, the EW Weekly $89.50-92 Calls, and the NFLX Weekly $495-505 Calls, and some of the targets therein produced exceedingly impressive runs on the day. The ranges and total possible daily profits in those contract sets were as follows:

ISRG Weekly $835-850 Calls 
$835: 9.70-58.03 (+498%)
$840: 4.30-51.90 (+1106%)
$845 : 5.42-44.60 (+723%)
$850 : 2.35-43.63 (+1756%)
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EW Weekly $89.50-92 Calls 
$89.50: 2.50-6.50 (+160%)
$90: 1.30-5.62 (+332%)
$91 : 1.11-4.40 (+296%)
$92 : .50-3.70 (+640%)
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NFLX Weekly $495-505 Calls
$495: 13.00-20.58 (+58%)
$497.50: 12.00-18.51 (+54%)
$500 : 9.20-16.79 (+82%)
$502.50 : 8.00-14.22 (+78%)
$505 : 6.08-12.73 (+109%)



Fresh Options Ideas:
BA Weekly $235-237.50 Calls
BA 05/07 $242.50-245 Calls
EFX 05/21 $210-220 Calls
KMI Weekly $16.50-17 Calls


Blue Sphere Corp. BLSP – We also had BLSP jump off of yesterday’s extended watchlist and make a considerable move. Our watchlists are typically where you can find our more speculative interests such as OTC plays. In this case the stock bore a Caveat Emptor designation which is typically something to steer clear of, but our decision to include it in our report was good one.

We saw a sizable intraday run from a low of .0028 to a high of .006, which marks a very respectable move of 114%


Extended Watchlist:
ABML, RGBP, EDLF, AABB, INVU, HYSR, ASTI, RETC, ADFS

Biggest Gainer of the Year & Plenty More

Tesoro Enterprises, Inc. TSNP – Update

We have been actively tracking TSNP for a month since October 28th,at which time this OTC stock was trading for as little as .0005. It has been on an epic rise since then, and this morning, we are seeing an astonishing new high of .1595 in premarket trading.

That works out to an absolutely absurd increase of 31,800% in the span of just one month, and will go on record as our highest potential gainer for the entirety of 2020.

FORW which has the same CEO, George Sharp, is another stock we’re going to want to track as a sort of sympathy play. Given TSNP’s unbelievable success, it would be folly to ignore anything else with which that Mr. Sharp is involved.


Sundial Growers Inc. SNDL

We are also taking notice of the surge in activity in SNDL, a cannabis play, which is currently being propelled on news of some debt elimination.

Our regular readers are aware of our affinity for marijuana-related stock, and especially those traded on the higher exchanges. This is a stock that was trading at more than three times its current value just a year ago, and with the progress it’s making toward cleaning up its debt, we have no reason not to believe that a much more significant recovery could be in the cards.


Canopy Growth Corp. CGC

Speaking of cannabis plays on the higher exchanges, we signaled some fresh CGC options plays on Friday morning, the CGC Weekly $26-27 Calls and those came back instant winners for us to close out the short holiday week. Here were the half-day intraday ranges and total possible gains on those:

CGC Weekly $26-27 Calls
$26: .99-3.05 (+208%)
$26.50: .24-2.62 (+992%)
$27: .11-2.11 (+1818%)


Extended Watchlist:
ALPP, SEGI, AWGI, ENZC, PUGE, RETC, TRNX, NGA,