Closing Out Another Incredible Trading Year

Happy New Year to All!

Unfortunately for our current options streak, we were left with just a single idea for yesterday’s report, and we mistakenly published the wrong strike prices. It’s a rare mistake on our part, but we do make them like anyone else. Not how we would have chosen to kick off our final report of the year, but what a year it has been!

2023 was probably our most successful year to date in terms of our constant quest to root out daily options trading opportunities. We strung together countless winning picks, gained a lot of new subscribers, and retained incredible read rates from our existing subscribers! No matter when you joined our ranks, we want to thank you, and wish you and yours a very happy new year, with tons of good fortune to come in 2024!


OTC Updates:

We did have a couple of nice movers come off of the extended watchlist from yesterday’s morning report. It’s always a good idea to check through our daily lists, especially on days where there’s not much happening on the options front. Today will be another such day, so we’re just going to cap this year off by wishing everyone a happy and healthy new year, and we’ll pick right back up again bright and early on Tuesday morning.

EBET Inc.(OTCMKTS:EBET) – Recap:
Daily Range:
.1021-.1769
Gained: 73%
_____

Nova Lifestyle Inc. (NASDAQ:NVFY) – Recap:
Daily Range: 3.41-9.18
Gained: 169%


Extended Watchlist:
GVSI, WOWI, VTXB, SIRC, EARI, UATG, TANH, SNTG, FOXO, SXTC, YCBD, FLJ, ADTX

SMAR Options Review, Fresh Ideas

Smartsheet, Inc. SMAR – Options Review:

First off, we’d just like to apologize for the lack of a premarket report on Friday. An untimely power outage prevented us from getting anything out to readers in time for the market open. In the past dozen years, we have missed maybe five trading days, if that, so it’s not something one should expect to see repeated anytime soon.

In the meantime, we did see some new highs in the SMAR 12/16 $35-40 Calls prior to their expiration at week’s end, which we wanted to report back on today before kicking off a fresh trading week. We have been tracking these calls since December 2nd, and here are the figures and total possible profits we witnessed over that span of roughly two weeks:

SMAR 12/16 $35-40 Calls
$35: 1.55-7.50 (+384%)
$40: .34-2.65 (+679%)


Fresh Options Ideas:
SPY 12/19 $383-384 Calls
SHOP 01/06 $36.50-37.50 Calls
AAPL 01/06 $139-141 Calls 


OTC Recaps:

We’ve also got a couple of quick updates on the recent performance of a couple of the OTC plays we’ve tagged in our extended watchlists. When we left off on Thursday, we had been tracking both of these stocks for a week.

Global Developments, Inc. GDVM
Alerted: 
December 8th
Range: .0366-.0611 (+67%)

Performance Drink Group, Inc. PDPG
Alerted:
 December 8th
Range: .007-.016 (+129%)


Extended Watchlist:
CEI, MDGL, AGFY, SLNO, QUMU, HEXO, IPHA, STRY, BIEI, ZRFY, HNRC, UATG

OTC and Options Reviews, New Targets

Wednesday’s Solid Plays:

Our watchscreens were light yesterday morning, which is not atypical as we continue through the holiday season and rapidly approach the new year. This time of year is often rather subdued, but we managed to cite a couple of potential options plays for the day in yesterday’s premarket report, both of which went on to post notable intraday gain opportunities.

Our pair of targets for the day were the STNG Weekly $55 Calls, and the PLUG Weekly $14-15 Calls,  which recorded the following ranges, and produced the following intraday profit chances:

STNG Weekly $55 Calls
$55:
1.15-2.10 (+62%)
_____

PLUG Weekly $14-15 Calls 
$14: .88-1.65 (+73%)
$14.50: .64-1.20 (+100%)
$15: .30-.87 (+90%)


Fresh Options Ideas:
SPY 12/15 $394-395 Calls
SPY 12/16 $396-397 Calls
LEN Weekly $88-86 Puts


American Diversified Holdings Corp. ADHC – OTC Recap: 

We have an OTC this morning as well concerning ADHC, a stock we’ve been tracking for just over a month, having first mentioned it on November 12th. During that span we have witnessed a solid increase as it ran from a low of .003 up to yesterday’s new high of .0069. These kinds of plays always serve as a good reminder to comb through our daily extended watchlists and use them as a jumping off point to form watchlists of your own.


Extended Watchlist:
GETR, SCPS, CORZ, CRKN, SRZN, ITRM, UATG, AGSI, GVSI, UCLE, ARAT, WINR, PPCB

Tuesday’s Recaps, Today’s Fresh Ideas

Recap For Tuesday Plays:

While the markets certainly pulled a head fake yesterday, stair-stepping down for the majority of the session after an early morning gap-up, we still managed to see some marginal gain opportunities in the daily options ideas we put in yesterday’s premarket report. While the gain chances in the SPY and others were slightly muted compared to what we usually achieve, our FLNC Calls clearly stole the show with an excellent multibag performance.

Our specific areas of interest for Tuesday were the SPY 12/13 $407-410 Calls, the ORCL Weekly $82.50-85 Calls, the CNM Weekly $22.50 Calls, and the FLNC Weekly $17.50 Calls. The rundown of the moves they and the total possible profits associated with those, were as follows:

SPY 12/13 $407-410 Calls
$407:
2.40-3.88 (+62%)
$408: 1.88-3.16 (+68%)
$409: 1.47-2.53 (+72%)
$410: 1.12-1.97 (+76%)
_____

ORCL Weekly $82.50-85 Calls
$82.50:
 .34-.52 (+53%)
$83:.26-.45 (+73%)
$84: .15-.30 (+100%)
$85: .10-.19 (+90%)

CNM Weekly $22.50 Calls
$22.50:
.20-.35 (+75%)

FLNC Weekly $17.50 Calls

$17.50: 1.95-5.50 (+182%)


Fresh Options Ideas:
STNG Weekly $55 Calls
PLUG Weekly $14-15 Calls 


Extended Watchlist:
VIZC, ZCTSF, HNRC, ADHC, UATG, MAPT, NBLD, VLON, MLGO, CRKN, IMMX, KYMR, RNA

More Bearish Options Plays

Options Review:

The markets slid once again to start yesterday’s session as we suspected they may, and despite recovering into the close, we had plenty of time and opportunity to profit off of the bearish slate of options ideas we put forth in our premarket report.

Our target plays that produced in the session were the SPY 05/19 $409-407 Puts and the LOW Weekly $192.50-187.50 Puts. We saw some good afternoon activity with the following intraday runs:

SPY 05/19 $409-407 Puts
$409: 
.33-1.70 (+415%)
$408: .13-1.05 (+707%)
$407: .07-.60 (+757%)
_____

LOW Weekly $192.50-187.50 Puts
$192.50: 3.30-6.65 (+102%)
$190: 2.08-4.62 (+122%)
$187.50: 1.22-3.06 (+151%)
_____

Fresh Options Ideas:
KSS Weekly $58-56.50 Puts
RL Weekly $130-125 Puts
CSCO Weekly $50.50-49 Puts 


International Consolidated Companies, Inc. INCC – Recap

We also want to talk about INCC for a moment, following its big run to new highs. We’ve been tracking this play since the morning of April 6th, and it has made some impressive swings.

Following our flag last month the stock ran 100% from .0018-.0036, and subsequently consolidated back down to .0017 before hitting its new high of .0061 yesterday, which represents an upswing of 259%  We’ll be looking for it to hold .0037, above the previous swing high on any pullbacks.


Extended Watchlist:
DSCR, SEEK, UATG, BYRG, FWDG, AERS, MNGG, QBAN, XTRM, RSHN

Get Our FREE Daily Reports!