Our Winning Formula

Our Winning Formula

Our operations around here on a daily basis have become slightly repetitive, but that’;s only because what we do produces results so consistently. So each day it has become custom for us to highlight our ideas’ potential gains from the previous session or sessions, and to offer up fresh ideas for our tracklists. Today will of course be very similar.

We had a running idea with some SPY Calls on Monday, so first we’ll highlight the new highs reached by those contracts, and then the figures from the fresh ideas in yesterday’ premarket report will follow, as those enjoyed significant single session moves as well.

SPY Weekly $323-324 Calls
$323
: 3.30-7.35 (+123%)
$324: 2.71-6.52 (+141%)

We want to stick with the rising SPY as we head into the end of the week, and roll up to the Weekly $332-334 Calls.
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BP Weekly $35.50-37 Calls
$35.50: .91-1.45 (+60%)
$36: .56-1.00 (+79%)
$36.50
: .28-.60 (+114%)
$37: .12-.32  (+167%)
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RL Weekly $119-122 Calls
$119
: 6.20-7.10 (+15%)
$120: 2.65-6.00 (+127%)
$121
: 2.33-5.70 (+145%)
$122: 1.67-4.55 (+175%)


Fresh Ideas
FSLR 03/13 $55-57 Calls

DIS Weekly $144-145 Calls


Extended Watchlist
MBRX, SPCE, NVNT, 

Recent Runners, New Ideas

Virgin Galactic Holdings, Inc. SPCE – Review

Yesterday morning, when we updated readers on the modest gains made by the SPCE options idea we put forth on Tuesday morning, we mentioned the strong possibility of witnessing further gains. We didn’t have to wait any time at all, with the SPCE 02/21 $10-15 Calls really kicking things into another gear yesterday.

The stock itself has traded in a solid range from 16.21 up to a new annual high of 19.84, which works out to a two-day swing of 22% and it enabled the following moves in our highlighted options:

SPCE 02/21 $10-15 Calls
$10: 6.24-10.64 (+71%)
$11: 5.30-9.31 (+76%)
$12: 4.30-8.63 (+101%)
$13
: 3.50-7.61 (+117%)
$14
: 2.80-6.84 (+144%)
$15
: 2.15-6.13 (+185%)


TGI Solar Power Group Inc. TSPG

We handed this subpenny play off to our readers in yesterday morning’s premarket report, and got instantaneous results thanks to a timely PR alluding to a huge contract for the company with the government of the Ukraine. You can find out more on that by clicking the link included with a snippet of the PR below.

As for the stock, yesterday it traded up from .0028 to .0048 for an intraday pop of 71% and we’ll keep an eye peeled on its activity in the coming days on the chance that a more sustained move is in the cards.

NORTH BRUNSWICK, NJ / ACCESSWIRE / January 22, 2020 / TGI SOLAR POWER GROUP INC. (OTC Markets:TSPG) (“TGI”), a diversified technology company, today announced that it has received an order for 2,500 FireFly ESV Essential Service Vehicles. The FireFly ESV vehicles will be used in the Ukraine for traffic control, as well as for a wide variety of utility functions. TGI estimates this contract to be valued at approximately $50M… (>>View Full PR)


Fresh Options Ideas:
PG Weekly $125-126 Calls
UNP Weekly $182.50-187.50 Calls
CTXS Weekly $121-124 Calls

Solid Ideas Recap

Winning Ideas Recap

We were able to score some nice gain opportunities off of the ideas we presented new for yesterday morning’s premarket report to kick off this short week. 

Alibaba Group Holding Ltd. BABA – We placed the BABA Weekly $230-225 Puts on watch, and each contract in the range produced a notable move, which were as follows:

BABA Weekly $230-225 Puts
$230: 7.90-9.02 (+14%)
$227.50: 5.18-6.90 (+33%)
$225: 3.10-5.06 (+63%)
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Virgin Galactic Holdings, Inc. SPCE – We also declared our interest in the SPCE 02/21 $10-15 Calls and despite only a modest jump, they did produce gains, and with a month remaining until expiration there’s more than enough time for us to continue to track these calls for further advances. Here’s what we got out of them so far:

SPCE 02/21 $10-15 Calls
$10: 6.24-7.37 (+18%)
$11: 5.30-6.40 (+21%)
$12: 4.30-5.60 (+30%)
$13: 3.50-4.70 (+34%)
$14: 2.80-3.96 (+41%)
$15: 2.15-3.30 (+53%)

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CarSmartt, Inc. CRSM 

We also provided readers with a rare OTC pick in CRSM, which has recently shown signs of bottom bounce activity, as we were mentioning yesterday morning. We got a really solid intraday run out of the stock on our first day of observation.

CRSM surged from a daily low of .024. and hit .042, for a respectable 75% intraday pop. We’ll continue to track its activity in the coming sessions.
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Bonus Idea: Speaking of penny stocks, we have a subpenny play that has shown activity off of a dead bottom in recent sessions. We’re going to add TGI Solar Power Group Inc. TSPG to our track list.