Stock and Options Updates, Fresh Ideas

Paltalk, Inc. PALT – Recap: 

We want to track back slightly this morning to talk about the alerts we posted on PALT last week. We didn’t get a chance to highlight the stock’s performance in our packed Friday newsletter, so we’re going to outline the moves it made as we kick off a fresh trading week today.

Our initial flag of PALT came on Monday morning, at which time the stock was trading for as little as 4.39 a share. PALT subsequently made a dramatic run to a high of 15.20, which marks a total possible gain of 246% for anyone who was along for the ride.


Zoom Video Communications, Inc. ZM – Options Review:

We offered up exactly one quick-strike options idea on Friday morning, with the ZM Weekly $265-272.50 Calls, and we’re pleased to report that not only did those contracts post multi-bag gains on the day, but i one set even breached into thousand-percent-gainer territory on the day!

Regardless of which strike point was chosen, massive gains were there for the taking as a result of our alert. Here were those intraday moves and total possible profits:

ZM Weekly $265-272.50 Calls
$265:
 1.30-6.30 (+384%)
$267.50: .63-4.00 (+534%)
$270: .25-2.10 (+740%)
$272.50: .05-.80 (+1500%)
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Fresh Options Ideas: 
DNLI 11/19 $50-55 Calls
SPY 10/04 $434-432 Puts*

*Please don’t trade options on their day of expiration unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
IFXY, PUGE, ALPP, NECA, DRNG, OPGN, XENE, JSPR, HIRU, LEAS, NHMD, NSPT