Massive Form-4 Alert

Options Reviews

Yesterday morning, our primary order of business was to continue our commitment to bringing our readers as many solid quick-strike options ideas as we can. Not surprisingly, we were able to see some very nice opportunities in our designated targets.

Despite a mixed bag of bears and bulls, the volatile intraday swinging action of the markets made it possible to jump on big gains for each of them. Here were our top plays for the day and the total potential gains which could have been achieved.

SPY Weekly $244-242 Puts
$244: 1.30-2.89 (+122%)
$243: 1.08-2.49 (+131%)
$242.50: 1.04-2.37 (+128%)
$242: .97-2.19 (+126%)
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KMX Weekly $50-55 Calls
$55:
 .50-3.90 (+680%)
$50: .30-2.03 (+577%)


Howard Hughes Corp. HHC – Fresh Options Idea

We want to place some options in the HHC chain on longer-term watch today after noticing some massive institutional insider buying that has come in near the stock’s recent lows, to the tune of $500M. You don’t sink those kind of funds into a stock unless you are supremely confident that its present level of support is rock solid. We are going to begin tracking the HHC 07/17 $50-60 Calls as a result.


Extended Watchlist:
BIEI, TPTW, MSTO, USRM, SPOM, AYTU

Sticking with SPY Puts

Solid Hits on the SPY

We try to formulate new options ideas for a given session as often as we can without forcing the issue, and on most days we produce at least one. Yesterday, we designated our sole set of new contracts to watch as the SPY Weekly $250-248 Puts, and thanks to a painful day for the markets, we were afforded the chance to score some pretty nice intraday gains.

Two out of three of those strike points translated into instant double-bag opportunities, with the third falling just 1% short of that mark, providing the following moves on the day: 

SPY Weekly $250-248 Puts
$250: 4.39-8.73 (+99%)
$249: 4.00-8.10 (+103%)
$248: 3.65-7.50 (+105%)
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Fresh Ideas:
SPY Weekly $244-242 Puts
WBA Weekly $44-45 Calls
KMX Weekly $50-55 Calls



CytoDyn, Inc. CYDY

We began tracking CYDY on Tuesday morning, and in addition to making a nominal move on the chart, the company has also put out some coronavirus related press in the couple days. One of the company’s investigational drugs which is about to enter Phase 2b/3 trials, has demonstrated a promising level of  efficacy among severe COVID-19 patients.

The stock itself has run from 2.65-3.09 in the past couple of sessions, which marks a move of just 17% but we’re going to be interested to continue tracking its performance in light of the company’s announcements.

VANCOUVER, Washington, April 02, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTCQB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that the three-day effect of leronlimab in eight severely ill COVID-19 patients demonstrated a significant improvement in several important immunologic bio-markers.  Patient test data reveals improvement in cytokines, IL-6, and a trend toward the normalization of the CD4/CD8 ratio. (>>View Full PR)



Extended Watchlist:
GRYO, PNAT, ROTH, SOLI, CTYX, IPIX

Closing Out a Hugely Successful Trading Week

More New Highs for Options Ideas 

We continued tracking the options ideas that we reported on yesterday morning, as the markets ripped once again and new highs were set all the way across the board.

We had signaled each of the following ideas in Wednesday’s report, so the following updated figures represent the total ranges and possible gains over just the past two sessions:

SPY Weekly $240-245 Calls
$240: 7.31-22.76 (+211%)
$241: 6.92-21.59 (+212%)
$242: 6.27-20.86 (+233%)
$242.50: 6.20-19.47 (+214%)
$243: 5.90-20.00(+240%)
$244: 5.39-18.19 (+238%)
$245: 4.92-18.04 (+267%)
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WGO 04/17 $25-30 Calls
$25: 2.50-9.00 (+260%)
$30: 1.13-5.40 (+379%)
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NKE Weekly $78-81 Calls
$78:
 2.17-9.20 (+324%)
$79: 1.98-7.78 (+292%)
$80: 1.43-7.09 (+396%)
$81: 1.23-6.25 (+408%)


More Options Recaps:

Moving right along, we also offered readers three new ideas for yesterday morning as well. We mad calls in the MU, BA, and ZM chains, and every single one of those came back a multi-bag winner as well.

MU Weekly $42.50-45 Calls
$42.50:
 1.86-3.50 (+88%)
$43: 1.56-3.00 (+92%)
$43.50: 1.32-2.50 (+89%)
$44: 1.05-2.28 (+117%)
$45: .66-1.59 (+141%)
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BA Weekly $165-172.50 Calls
$165: 12.00-25.00 (+108%)
$167.50: 10.55-22.00 (+109%)
$170: 9.05-21.31 (+135%)
$172.50: 7.95-19.50 (+145%)

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ZM Weekly $140-145 Calls
$140: 5.20-9.40 (+81%)
$145: 3.40-6.42 (+89%) 


Fresh Options Ideas: 
SPY Weekly $255-253 Puts
TLRY Weekly $8-9 Calls
KBH Weekly $19-20 Calls 


*Trading weekly options on a Friday is incredibly risky and should never be attempted by beginning or intermediate level traders! 


Stacking Up the Options Trading Wins

Big-Time Options Winners

We placed three separate sets of options ideas on watch for our readers in yesterday morning’s premarket report in the SPY, WGO, and NKE chains. Thanks to a solid run out of the markets for the vast majority of the day up until just prior to the close, we saw incredible gains out of each and every contract we selected.

We continue to push through the uncertainty of the coronavirus pandemic, even as the market has been on a near-daily see-saw battle with itself. The dynamic has provided for a ton of volatility, which is of course a short-term trader’s dream, and what we thrive on. In total, we had a baker’s dozen of contracts on watch, and all thirteen recorded multibag swings on the day:

SPY Weekly $240-245 Calls
$240: 7.31-18.68 (+156%)
$241: 6.92-17.77 (+157%)
$242: 6.27-16.84 (+172%)
$242.50: 6.20-16.47 (+166%)
$243: 5.90-15.80 (+168%)
$244: 5.39-15.21 (+182%)
$245: 4.92-14.75 (+200%)
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WGO 04/17 $25-30 Calls
$25: 2.50-8.70 (+248%)
$30: 1.13-4.00 (+254%)
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NKE Weekly $78-81 Calls
$78:
 2.17-6.05 (+179%)
$79: 1.98-5.05 (+155%)
$80: 1.43-4.72 (+230%)
$81: 1.23-4.10 (+233%)
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Fresh Options Ideas: 
MU Weekly $42.50-45 Calls
BA Weekly $165-172.50 Calls
ZM Weekly $140-145 Calls


Fresh Options Ideas & More

No Borders, Inc. NBDR

We opened up yesterday’s report by highlighting the 337% move from .0112-.0489 made by NBDR since we tagged it last Wednesday. It is one of a number of OTC stocks we’ve been tracking in relation to the COVID-19 pandemic response.

The stock absolutely blasted off once again during yesterday’s session, this time reaching a new high of .089. That works out to a total increase of 695% in a span of just 5 trading days! We’ve done our best to continue bringing our readers chances to make quick-strike trades for profit during this crisis, and have in fact done a fantastic job of doing so.


Options Recaps

Speaking of success quick-strike trades, we also formulated an options idea in the Virgin Galactic Holdings, Inc. (SPCE) chain yesterday morning, and were met with instant results. The stock enjoyed a solid session, as did most stocks, and it produced very respectable gain opportunities in our target range, the SPCE Weekly $13.50-16.50 Calls:

$13.50: 2.25-4.45 (+98%)
$14: 1.80-4.20 (+133%)
$15: 1.35-3.35 (+148%)
$16.50: .60-2.48 (+313%)
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Our other options idea fresh for yesterday’s report was the Direxion Daily Junior Gold Miners Index Bull 3X (ETF) JNUG Weekly $4-5 Calls. Those also produced some nice moves on the day for us:

$4.00:
 1.38-2.10 (+52%)
$5.00: .89-1.47 (+65%)


Fresh Options Ideas:
SPY Weekly $240-245 Calls
WGO 04/17 $25-30 Calls

NKE Weekly $78-81 Calls


Extended Watchlist:
BSGM(>News), GALT, HAL, 

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