Tag: TPTX

Massive CHWY Options Gains, Fresh Ideas & More

Earnings Reporters Put Up Big Gains:

Our earnings related options ideas for the day panned out well for us yesterday, with some help from another fully bullish session for the markets at large. Stocks surged all day, and well-received earnings reports from our target companies did the rest.

We were zeroed in on the CHWY Weekly $26.50-28 Calls and the PSTG Weekly $25-26 Calls, with a much longer term idea with an August expiration in the Energizer chain, which we’ll circle back to in a future report.  Our quick-strike plays yielded some very nice opportunities for quick intraday profits, and those were as follows:

CHWY Weekly $26.50-28 Calls
$26.50: .72-3.00 (+317%)
$27: .56-2.51 (+348%)
$27.50: .44-2.15 (+389%)
$28: .30-1.82 (+507%)
_____

PSTG Weekly $25-26 Calls
$25: 1.95-4.30 (+121%)
$26: 1.45-3.60 (+148%)

Fresh Options Ideas:
LULU Weekly $300-307.50 Calls*
OKTA Weekly $106-108 Calls*
ASAN 06/17 $22.50 Puts

*Trading options contracts on their day of expiration is a high risk/high reward proposition which should only be attempted by experienced traders

Ggtoor, Inc. (OTCMKTS:GTOR) – Recap:

GGTOOR was a company that we profiled a few months back, citing the high potential of tournament gaming, the space in which the company operates. GTOR recently announced the signing of a deal that is potentially very lucrative, and as a result the price has gone through the roof. It will be “building” an entire virtual city complete with its own economy in the metaverse, with parcels selling for cryptocurrency.

Following our reports on GTOR the stock was trading for as little as ,012, and this week it has soared to a new high of .074. That works out to an increase of over 500% It will be interesting for us to see how much of those gains the stock can maintain and possibly add onto as it develops its new metaverse-based project, GGTOORCITY.

Extended Watchlist:
MGLD, EFOI, TCRT, AMLX, SOPA, TPTX, WSFT, AFIIQ, AERG, VRLL, MAXD

Another Excellent Trading Week on the Books

Another Positive Options Performance: 

On Wednesday morning, we initiated coverage on a set of SPY Calls, the SPY 10/08 $430-431 Calls which provided instant results, as we were mentioning yesterday. In fact, those fared so well that rolled up to include the SPY 10/08 $436-438 Calls on our watchlist as well.

With yet another bullish session posted by the S&P, we saw impressive new highs in our previously tracked plays as well as some solid single session runs recorded by the updates strikes as well. The moves and total possible gains on all of those contract sets breaks down as follows:

SPY 10/08 $430-431 Calls
$430: 2.24-11.17 (+399%)
$431: 1.82-10.77 (+492%)

SPY 10/08 $436-438 Calls
$436: 3.53-6.15 (+74%)
$437: 2.60-5.35 (+106%)
$437.50: 2.44-4.88 (+100%)
$438: 2.32-4.50 (+94%)

Our other two freshly formulated options plays from yesterday’s report were in the LEVI and HELE chains, and we got some positive activity on the day from those plays as well:

LEVI 10/15 $25-26 Calls
$25: .90-2.01 (+123%)
$26: .50-1.20 (+140%)
_____

HELE 10/15 $220-230 Call
$220: 13.54-17.50 (+29%)
$230: 5.10-8.50 (+67%)

Fresh Options Idea:
TPTX 11/19 $45-50 Calls

American Leisure Holdings, Inc. AMLH  – Recap: 

To wrap things up during what has been an immensely successful trading week for both options and stocks, we have an update on AMLH. We flagged this play for observation for the first time on Sept. 22nd, and since then it has exhibited a multibag run. From our observed low of .0026, yesterday’s new high of .0074 works out to an increase of 185%

Extended Watchlist:
ENZC, PUGE, CYBL, NBRI, TGGI, NHMD, CBGL, CEI, CCXI, SNDL, EFTR, DATS, PRLD

Blue Horseshoe Stocks: 900% Gainer & More

SPDR S&P500 (ETF) SPY – Options Explode

Yesterday morning we added a fresh options trading idea for the SPY chain, namely the Weekly $289.50-291 Calls and we are happy to report that not only was our idea spot-on, but the intraday gains made possible were rather eye-popping.

Here are the total possible profits that our readers could have snagged in a single session on the strength of our ideas, including an incredible NINE-BAGGER!

SPY Weekly $289.50-291 Calls 
$289.50 Calls – Range: 1.10-2.61 – Max Gain: 137%
$290 Calls – Range: .73-2.29 – Max Gain: 214%
$290.50 Calls – Range: .52-1.75 – Max Gain: 237%
$291 Calls – Range: .15-1.51 – Max Gain: 907%
_____

Fresh Idea:
BBBY Weekly $13-12 Puts  


Ocugen Inc. OCGN 

We also want to provide a brief update on another recent call we made, with OCGN. We tagged this one for observation as a bottom-play this past Friday morning, and already we’ve seen a pretty good swing to the upside.

The stock has traded in a range from 1.22-2.04 this week, marking a respectable  move of 67%  We’ll be interested to see if it can continue to register new highs for us in coming sessions.  


Sundial Growers, Inc. SNDL

We are seeing a very intriguing potential play on cannabis grower SNDL this morning. The recently-IPO’d stock has taken a bath in the two months following its first trades, having already been embroiled in a class-action suit. Yesterday the company showed that the claims of the lawsuit are essentially baseless, and the PPS began to recover.

We’re going to keep a close eye on the activity here in the days and weeks ahead, as the technicals of the chart are screaming upside potential at the present time. Not to put the cart before the horse, but we feel that a double from current pricing would not be out of the realm of realistic possibility.

Extended Watchlist:
TBSS, TPTX, OSTK, FOLD, ACST, AMRS, UUUU