Huge Gainers, Fresh Ideas & More

Options Reviews:

More options updates are on the menu for this morning, with a recap of yesterday’s winners, as well as an update on one of our current running ideas.

From yesterday morning’s premarket report, we have the AMBA Weekly $112-115 Calls and the PLAN 09/17 $65-75 Calls, as well as some new highs in the SLQT 09/17 $7.50-10 Calls which we signaled on Tuesday morning.

AMBA Weekly $112-115 Calls
$112:
 7.30-19.96 (+173%)
$113: 7.60-19.00 (+150%)
$115: 3.00-17.60 (+487%)
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PLAN 09/17 $65-75 Calls
$65: 3.01-4.66 (+55%)
$70: .92-1.85 (+101%)
$75: .25-.50 (+100%)
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SLQT 09/17 $7.50-10 Calls
$7.50:
 1.80-3.47 (+93%)
$10: .40-1.25 (+212%)


Fresh Options Ideas:
CHPT Weekly $24-25 Calls
NTNX Weekly $37.50-40 Calls
SIG Weekly $80-90 Calls
CHWY Weekly $83-79 Puts


Medigus Ltd. MDGS – News Alert:

Another fresh PR from MDGS this morning, alluding to a new patent filing pertaining to Polyrizon’s cutting edge infection-resisting hydrogel technology. We’ve been tracking developments in MDGS’ interests, and Polyrizon has been one of the most active.

OMER, Israel, Sept. 02, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, today announced that Polyrizon Ltd., a privately held company which Medigus owns 35.86% of its share capital, has submitted an additional patent application to the United States Patent and Trademark Office for its innovative technology.

The invention generally pertains to the field of hydrogels that are capable to capture and contain biological assaults intrusion through the upper airways and eye cavities. Furthermore, the invention details a novel modality for a delivery system for drugs through the nasal mucosa that could get more drug into the body, and resides longer in the nasal cavity.

Recent pre-clinical data by Polyrizon, showed that its product candidate has the potential to reduce the risk of an infection with human coronavirus and may also prevent COVID-19 as well as Influenza Virus H1N1 and may potentially also treat additional Cold viruses. (>>Read Full PR HERE)


Metal Arts Co. Inc. MTRT  – Recap:

Lastly, we placed MTRT on watch in yesterday morning’s premarket report, and got instant results in the form of an enormous single-session push from this OTC play.

The stock traded up from a low of .5778 on the day, and reach a high of 5.05, for a whopping intraday move of 774% which came in on more than 18X the 30-day average volume.


Extended Watchlist:
PSTV, IPHA, SPRT, CHPT, TLSA, GSM, CCAJ, TLSS, TPTW, APTY, RHCO, HBRM

HUGE Options Success on Short Week


Johnson & Johnson JNJ 

Our coverage of JNJ options continues today as we close out this short trading week. We have been hot on the trail of this chain since last Monday, adjusting our ideas as we go, and have landed on the JNJ Weekly $140-142 Calls. Those contract sets have set new highs for us multiple times already, and yesterday’s session was no exception.

The markets went on another tear, going majorly green across the board, and that produced the following ranges and potential intraday mega-gains: 

JNJ Weekly $140-142 Calls
$140: .55-4.40 (+700%)
$141: .37-3.35 (+805%)
$142: .25-2.68 (+972%)
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SPDR S&P500 (ETF) SPY –
 We would also like to update on the SPY calls we made this Monday morning.  We signaled the Weekly $258-260 Calls, and those have made some really nice headway as well, providing for the following gain opportunities:

Weekly $258-260 Calls 
$258: 4.07-16.85 (+314%)
$259: 3.61-15.86 (+339%)
$260: 3.11-15.13 (+386%)

We will go ahead and roll up to track the SPY Weekly $274-275 Calls into the close today. 


More Options Updates 

We also generated a pair of fresh ideas for yesterday’s morning report based off of earnings, and both of those played fairly well on the day.

LEVI 04/17 $12-13 Calls
$12:.80-2.00 (+150%)
$13: .30-1.15 (+283%)

SGH 04/17 $22.50-25 Calls 
$22.50: 2.05-3.21 (+52%)
$25: .65-1.85 (+185%)


Extended  Watchlist:
USWS, TLSA, TBLT, NLS, ZSAN, RIG, MFSO


Added Note: 

We have been getting an inordinate amount of new subscribers in recent weeks, with more people at home, and still more who are simply trying to maximize their trading opportunities during this difficult time. Regardless of your reasoning for joining our ranks, we would like to offer you a big ‘Welcome to the Family’, and encourage all newcomers to take advantage of our live daily traders chats on Skype (Send contact request to “stocksumo”) 

Blue Horseshoe Stocks: MAXD Recap, Cannabis Stocks & More

Max Sound Corp. MAXD
 
A huge standout from Thursday’s session was MAXD, which we tagged as a bottom-bouncer in our premarket report. The stock had been mostly trading sideways over the preceding couple of months, so our alert definitely came at the proper time.

From its daily low of .0033 right at the outset, the stock continually pushed the envelope for a vast majority of the session, eventually reaching the zenith at an impressive .007. That represented an intraday gain opportunity of up to 112% with heavy volume, on the order of more than three times the monthly average.

We’ll continue to track MAXD, looking for the stock continue building a higher base level of support in coming sessions.


United Cannabis Corp. CNAB

We’ve been monitoring the cannabis space more closely over the past couple of weeks, since a big development from the labs at GW Pharma (GWPH) sent shockwaves through the investment community and began to drive heavier interest back to marijuana related stocks.

We’re still seeing those effects reverberating down to several of these ‘pot-plays’. One that stood out to us on Thursday morning was CNAB, and it enjoyed a respectable intraday performance subsequent to our premarket flag. We observed a low of .51 first thing in the morning, and the stock took off like a rocket. The high it shot up to was .75, marking a 47% rip.

The stock maintained a good portion of its daily advance into a close at .673, and of course volume was much higher than normal, so this is another that we’ll keep on our watchlist for the time being.

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Cannabis Sativa, Inc. CBDS

Another run of success we’ve had recently within the cannabis sector has been due to our call of CBDS. We first introduced this stock to our reports in early February, and would monitor the stock as it found support at .30 several sessions later. From there it began a gradual rise that became much more pronounced midway through this month.

The gains on the chart since then have been absolutely stellar, and CBDS hasn’t looked back, as it recorded a new high of 3.73 on Thursday. That brought the overall upswing we’ve witnessed in just a month’s time to a meteoric 1143%
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ADDED NOTE:

Another handful of marijuana stocks we’ve tracked over a long period of time are HEMP, TRTC, and GRNH, and those will continue to garner our attention in the immediate future, with interest in the sector bubbling up once again.


Extended Watchlist:
ACAD, ALDR, GBSN, GEVO, MINE, TLSA, WRES