Shorts Run on Wednesday, More for Today

Wednesday’s Bears on the Run: 

We’ve been performing reasonably well with our options ideas this week. Yesterday morning, we offered up a slate of four possible plays in our premarket report, three of which returned some very good intraday opportunities.

Yesterday’s batch of runners included the MNST 03/17 $100-95 Puts, the RIVN Weekly $18-17.50 Puts , and the DLTR Weekly $142-140 Puts, and the increases they posted on the day were considerable. Here’s how their intraday moves and total possible gains looked for the session:

MNST 03/17 $100-95 Puts
$100:
 2.00-3.46 (+73%)
$95: .53-1.00 (+89%)
_____

RIVN Weekly $18-17.50 Puts
$18: .85-2.47 (+191%)
$17.50: .57-1.99 (+249%)
_____

DLTR Weekly $142-140 Puts
$142: .11-.30 (+173%)
$141: .10-.22 (+120%)
$140: .07-.19 (+171%)


Fresh Options Ideas:
SNOW Weekly $144-141 Puts
SPLK Weekly $100-98 Puts
OKTA Weekly $80-82 Calls
BBY Weekly $82.50-81 Puts


Extended Watchlist:
CRDV, SKFG, HYREQ, TWRFF, ONCS, MTC, BRTX, CDIO, BSFC, BPTS

Five Fresh Plays to Close Out a Good Week

Solid Options Runners from Thursday:

While we didn’t quite get a clean sweep on our earnings related options ideas in yesterday morning’s premarket report, we did manage to find some fairly big runners in three out of the five selections we made for the day. The SPY Calls stood out, with the markets logging a seriously bullish session all day long, which facilitated some solid double bag runs, but the ideas we had in SNOW were the real winners.

The quick-strike targets that really produced for us were the SPY 08/26 $413-415 Calls, the SNOW Weekly $187.50-192.50 Calls, and the DLTR Weekly $155-150 Puts, which recorded the following intraday activity:

SPY 08/26 $413-415 Calls
$413: 
3.55-7.20 (+103%)
$414: 2.94-6.35 (+116%)
$415: 2.43-5.56 (+129%)
_____

SNOW Weekly $187.50-192.50 Calls
$187.50: 3.10-10.16 (+228%)
$190: 2.50-8.60 (+246%)
$192.50: 2.00-6.80 (+240%)
_____

DLTR Weekly $155-150 Puts
$155: 4.50-8.28 (+84%)
$152.50: 3.25-6.00 (+84%)
$150: 2.28-4.60 (+102%)


Fresh Options Ideas:
ULTA Weekly $425-435 Calls*
DELL 09/16 $42.50-47.50 Calls
WDAY Weekly $185-180 Puts*
JKS 09/16 $60 Calls

*Trading options on their day of expiration can carry a heightened level of risk and should only be attempted by seasoned traders!


Extended Watchlist:
GGII, CVSI, AABB, CZNI, TGGI, FRTG, GTCH, DRUG, BXRX, AVCT, FHS

More Flawless Options Performance, New Ideas

Another Straight Flush of Options Ideas:

Our daily options ideas that we formulated for yesterday morning’s premarket report contained a varied mix of bullish and bearish targets as well as expiration dates, and thanks to a generally volatile session for stocks in general, all four of those plays put together some pretty good intraday moves for us. It marks the second consecutive session that every single idea we put forth managed to record sizable gains.

We were targeting the IIVI 09/16 $55-60 Calls, the WOOF Weekly $15.50-14.50 Puts, the LZB 09/16 $30 Calls, and the JWN Weekly $21-20 Puts, and the very nice intraday runs and total possible gains for shrewd traders on these ideas were as follows:

IIVI 09/16 $55-60 Calls
$55: 
2.05-3.70 (+80%)
$60: .60-1.26 (+110%)
_____

WOOF Weekly $15.50-14.50 Puts
$15.50: .60-1.30 (+117%)
$15: .25-.78 (+212%)
$14.50: .17-.45 (+165%)
_____

LZB 09/16 $30 Calls
$30: .90-1.40 (+56%)
_____

JWN Weekly $21-20 Puts
$21: 1.42-2.44 (+72%)
$20.50: 1.11-1.95 (+76%)
$20: .79-1.50 (+90%)


Fresh Options Ideas:
SPY 08/26 $413-415 Calls
SNOW Weekly $187.50-192.50 Calls
ADSK Weekly $227.50-235 Calls
DLTR Weekly $155-150 Puts
BURL Weekly $148-145 Puts


Extended Watchlist:
INND, PHIL, DPLS, HVCW, BOXS, HYSR, KPRX, VACC, KAVL, MOHO, SSY, FREY

Multibag SNOW Options, KEGS NEWS & More

SNOW Calls Rip:

Yesterday morning’s earnings calendar was a little disappointing in terms of the quality of the companies reporting, so we went in a completely different direction with our daily options idea and selected some longer-term targets in the SNOW chain. This was a purely technical play based on the stock’s chart setup, and it proved to be a really solid decision right from the get-go.

We slated the SNOW 05/20 $235-245 Calls for tracking, and all five of the contract sets therein produced huge multi-bag gain opportunities which were as follows:

SNOW 05/20 $235-245 Calls
$235:
 2.50-10.20 (+308%)
$237.50: 2.30-8.80 (+283%)
$240: 1.40-7.70 (+450%)
$242.50: 1.35-6.61 (+390%)
$245: 1.00-5.67 (+467%)


Fresh Options Ideas:
SPY 03/30 $457-460 Calls
ASO Weekly $38-40 Calls
LOVE 04/14 $50-55 Calls


1812 Brewing Company, Inc. (OTCMKTS:KEGS) – News Update:

We’re also checking back in on KEGS, the craft beer brewing company located in Upstate New York that we originally featured in a special report in February.

The company has released another press report today that we wanted to pass along to our readers. We would also suggest anyone who isn’t familiar with KEGS to click the link above and dive into that initial report. The company is forming a new vehicle to help fund their acquisition plans, so things are really getting exciting over at 1812 Brewing!

Watertown, NY, March 29, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) announced that it has formed a subsidiary to pursue the strategic acquisition facet of its growth plan within the craft brewing industry.  1812 Acquisition Company, of which 1812 Brewing owns 100%, will be used to finance the Company’s first material acquisition or series of acquisitions.

As previously announced, 1812 Brewing Company’s three-pronged growth strategy within the craft beer sector includes:

  1. Organically growing the brands already in the portfolio. Currently, this includes War of 1812 Amber Ale1000 Islands IPA, and Malicious Intent XX IPA, among others;
  2. Through contract brewing, wherein for a fee, the Company utilize its excess production capacity to produce other parties’ beers; and
  3. Through acquisition or a series of acquisitions.

(>>View Entire PR)


Huge Options Gainers & More

Major Moves in TLRY, SPY Calls:

We’re ready to commence another exciting trading week this morning, and if it’s anything like last week’s we’re in for a real treat. We closed things out with a bang on Friday, offering up four separate sets of options trading ideas and ringing the bell on the whole lot of them! It was a choppy day for the markets as a whole, but things ended on a high note with the last hour of trading being particularly strong.

That led to gain opportunities ranging from good to extraordinary in our daily targets, which were the SPY 03/25 $450-452 Calls, the TLRY Weekly $7-8 Calls, the DOOO Weekly 04/14 $70-75 Calls, and the NIO Weekly $21.50-21 Puts. Here’s the rundown of the total possible profits that traders were able to bank from those ideas:


SPY 03/25 $450-452 Calls
$450:
 .51-2.80 (+449%)
$451: .18-1.89 (+950%)
$452: .05-.80 (+1500%)
_____

TLRY Weekly $7-8 Calls
$7:
 .37-1.65 (+346%)
$7.50: .15-1.14 (+660%)
$8: .07-.64 (+814%)
_____

DOOO Weekly 04/14 $70-75 Calls
$70:
 5.00-9.10 (+82%)
$75: 2.40-4.00 (+67%)
_____

NIO Weekly $21.50-21 Puts

$21.50: .84-2.10 (+150%)
$21: .58-1.65 (+184%)


Fresh Options Ideas:
SNOW 05/20 $235-245 Calls 


Extended Watchlist:
HYMC, MULN, NILE, KXIN, DATS, ERBB. TSOI, NUGS, 

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