Closing Out Another Week of Elite Trading

Options Review:

Here we are once again on the cusp of closing out another excellent trading week filled with notable opportunities. We’re going to first highlight yesterday’s fresh calls, which came in the TLRY and JD chains.

TLRY is a hot cannabis play that we routinely revisit, while JD issued its quarterly earnings report which generated a good amount of intraday volatility. Our specific plays on these targets were the TLRY Weekly $24.50-25.50 Calls and the JD Weekly $93-96 Calls and they each logged massive multibag moves on the day.

Here are the ranges and total possible profits that were there for the taking: 

TLRY Weekly $24.50-25.50 Calls
$24.50:
  .67-3.85 (+475%)
$25: .46-3.74 (+713%)
$25.50: .33-3.09 (+836%)
_____

JD Weekly $93-96 Calls
$93:
 .40-1.14 (+185%)
$94: .30-.85 (+183%)
$95: .24-.70 (+192%)
$96: .20-.53 (+115%)
_____

Fresh Options Plays:
SPY Weekly $293-292 Puts
X Weekly $22-22.50 Calls 


Foothills Exploration, Inc. FTXP – Recap:

Speaking of solid multibaggers, we included FTXP in yesterday morning’s extended watchlist. We always try to remind our readers (especially newcomers) to include our daily watchlists on your own radar screens. We don’t typically profile each and every stock that catches our interest, but that doesn’t mean that there aren’t hidden gems like these.

Subsequent to our alert, this OTC play ran from a low of .0032 on up to .0104, which represents a daily rip of 225% and came on over a billion and a half shares traded. 


Extended Watchlist: 
XFLS, VBHI, GCGX, MKGP, SUTI, SKPI, KHRNF, TCFF, PGAS

A Fruitful Holiday Week

Closing Out the Short Week 

We hope everyone had a safe and happy holiday. We’re ready to close out this short trading week with a half day today. Just before we broke for Thanksgiving, we produced some fresh options ideas to carry into the end of the week.

Among those plays were the JWN Weekly $24-26 Calls and the GPS Weekly $24.50-23.50 Puts, and we observed some pretty good moves from those plays on Wednesday:

JWN Weekly $24-26 Calls
$24
: 1.40-5.45 (+289%)
$25: .70-4.47 (+539%)
$26: .38-3.50 (+821%)
_____

GPS Weekly $24.50-23.50 Puts
$24.50
: 1.80-3.10 (+72%)
$24: 1.13-3.69 (+227%)
$23.50: 1.08-2.06 (+91%)
_____

Fresh Options Ideas: 
CGC Weekly $26-27 Calls
X Weekly $14-15 Calls


Extended Watchlist:
TSNP, HYSR, SEGI, MRMD, BEGI

Reviewing Friday’s Movers

Reviewing Friday’s Movers 

We’re going to kick off the fresh trading week this morning by going over the performances of the plays we submitted in Friday’s premarket report. Those included targets in the US Steel, Cleveland-Cliffs, and Capital One options chains. It was a wrap-up to an already successful week, and we ended it on a high note.

We had the X Weekly $8.50 Calls, the CLF Weekly $8.50-9 Calls, and the COF Weekly $78-80 Calls, and they all produced significant moves on the day. Here’s a rundown of the kinds of gains that were on the table for traders:

X Weekly $8.50 Calls 

$8.50: 1.11-1.86 (+68%)
_____

CLF Weekly $8.50-9 Calls
$8.50
: .18-.64 (+255%)
$9: .09-.32 (+255%)
_____

COF Weekly $78-80 Calls
$78: 2.06-3.71 (+80%)
$78.50: 1.79-3.35 (+87%)
$79: 2.06-3.03 (+47%)
$80: 1.50-2.43 (+62%)
_____

Fresh Options Ideas:
NRZ $9-8 Puts
SAP $130-120 Puts



Spartan Energy Acquisition Corp. SPAQ

We’re just days away from SPAQ’s vote on a merger with Electric Vehicle maker, Fisker, whose new EV set for launch, ‘The Ocean’, is laying claim to the title of ‘Most Sustainable Vehicle Ever’.

It’s an interesting scenario, and with the stock at a relative low on the chart at the moment, we are going to place some longer term options on watch, with the SPAQ 12/18 $10-12.50 Calls.


Extended Watchlist:
ARLP, CBBT, CSLI, NSPX, OPTI, TWOH