Thursday’s Thunder, 5 New Trading Ideas

A Thunderous Thursday Performance:

We fared quite well with our selection of possible options plays in yesterday morning’s premarket report. Out of the six potential targets we listed, five of them produced significant intraday gain opportunities for ourselves and our readers. That is an extremely impressive result, in what has been another excellent week of options daytrading. Today’s earnings calendar promises to provide another solid outing as we close out the week.

Yesterday’s five runners were the TSLA Weekly $170-167.50 Puts, the WB Weekly $10 Calls, the DKS Weekly $195-197.50 Calls, the FUTU Weekly $62-60 Puts and the SPY 03/14 $516-517 Calls. These were the numbers they posted for the session:

TSLA Weekly $170-167.50 Puts
$170
: 2.11-9.55 (+353%)
$167.50: 1.23-7.20 (+485%)
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WB Weekly $10 Calls
$10
: .05-.15 (+200%)
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DKS Weekly $195-197.50 Calls
$195: 15.70-26.20 (+67%)
$197.50: 12.62-20.10 (+59%)
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FUTU Weekly $62-60 Puts
$62: 1.60-6.20 (+287%)
$61: 1.00-5.15 (+415%)
$60: .56-4.08 (+629%)
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SPY 03/14 $516-517 Calls
$516
: .06-.34 (+467%)
$517: .03-.14 (+367%)
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We also wanted to update the new highs on the COIN Puts that we signaled for observation in Wednesday morning’s premarket report. They tacked on a huge level of gains from those we reported in yesterday’s newsletter.

COIN Weekly $252.50-250 Puts
$252.50: 2.96-24.50 (+728%)
$250: 2.42-23.00 (+850%)


Fresh Options Ideas:
GCT Weekly $40 Calls
ADBE Weekly $510-500 Puts
ULTA Weekly $525-520 Puts
COIN Weekly $227.50-222.50 Puts
MARA Weekly $18.50-18 Puts


Extended Watchlist:
JTAI, FSR, VERB, GERN, GNS, MDAI, IGPK, PWDY, FLES

Wednesday’s Winners, 6 Fresh Options Plays

Reviewing Wednesday’s Movers:

It was a good day for the options picks we highlighted in yesterday morning’s premarket report, We included three sets of weekly options, and a potential swing trade on some longer-term targets. All three of our quick-strike ideas bore immediate fruit, and posted some nice intraday runs on their respective charts.

That trio of runners was the DLTR Weekly $145-142 Puts, the TSLA Weekly $177.50-172.50 Puts, and the COIN Weekly $252.50-250 Puts. These were the performances they recorded for Wednesday’s session:

DLTR Weekly $145-142 Puts
$145
: 11.50-17.83 (+55%)
$144: 11.91-16.53 (+39%)
$143: 9.97-16.00 (+60%)
$142: 9.25-15.27 (+65%)
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TSLA Weekly $177.50-172.50 Puts
$177.50
: 4.00-8.75 (+119%)
$175: 2.70-6.60 (+144%)
$172.50: 1.76-4.70 (+167%)
_____

COIN Weekly $252.50-250 Puts
$252.50: 2.96-8.43 (+185%)
$250: 2.42-7.55 (+212%)


Fresh Options Ideas:
TSLA Weekly $170-167.50 Puts
WB Weekly $10 Calls
DKS Weekly $195-197.50 Calls
FUTU Weekly $62-60 Puts
PATH Weekly $25-26 Calls
SPY 03/14 $516-517 Calls*

*Only experienced traders should attempt to trade options contracts on their day of expiration


Li-Cycle Holdings Corp. (NYSE:LICY) – Recap: 

We signaled interest in tracking LICY via our extended watchlist in yesterday’s report, and the stock made a really nice move on the day. It traded up from a low of .6537, and hit a daily high of .8997. That worked out to an intraday rise of 38% which is very respectable for a stock in this price range.


Extended Watchlist:
IGPK, CURO, FRST, SOUN, WIMI, CCTG, AAUD

Multiple Key Updates, Fresh Options Ideas

SPY Short Proves Tactful: 

With the markets looking like they were headed in the wrong direction yesterday morning, we targeted the SPY with a bearish set of options contracts that we slated for observation.

Those targets were the SPY 11/10 $467-465 Puts, and were spot-on in our choice to go for a short on the day. The intraday movement and total possible profits from those ideas were eye-opening, with two out of our three designated plays ripping off gains of more than a thousand percent!

SPY 11/10 $467-465 Puts
$467: .55-4.95 (+800%)
$466: .28-3.90 (+1293%)
$465: .13-3.00 (+2207%)
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Fresh Options Ideas:
MQ 11/19 $27.50-30 Calls
WB Weekly $46-48 Calls
AFRM Weekly $162.50-170 Calls

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Susglobal Energy Corp. (OTCQB:SNRG) – Update:

We’re circling back around today to provide another update on SNRG, the waste-to-energy company upon which we focused a special report on Monday morning. (>>Read SNRG Report)

We considered SNRG to be at a good spot on the chart, and after just three sessions, it has certainly shown us to be accurate in our assessment. From the low that it registered on Monday, it ran to a high of of .299 yesterday which marks an increase of 53%, and that came on 462,400 shares traded, which comes in at more than twice the 30-day average volume (146,719) in the stock.

Be sure to check out our focus report on SNRG when you get a chance, and stay tuned to our daily reports for further updates as they become available.

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Trans Global Group, Inc. TGGI – Update:

We also have a brief update on TGGI, an stock we’ve been tracking for quite some time. Our first of many mentions came three months ago on August 12th, after which time we observed a low of .003 in the stock.  This week, TGGI traded as high as .0284. That’s an incredible rise of 847%
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Extended Watchlist: 
PPSI, RWLK, CGEN, SOFI, RIDE, OZSC, SMURF, NNAX, CRYO