Off to a Good Start in 2024

Solid Start to the New Year:

We fared reasonably well in our first trading session of 2024 yesterday, despite having no earnings reports to inspire our options candidates of the day. We expect things on that front to be similarly dry moving forward, with few big-name reporters slated to drop figures in the first couple weeks of this new year. As always, we’ll still do everything we can to find other opportunities in the meantime.

As for yesterday’s ideas, here were the daily performance numbers on the four potential plays in our premarket report, the MARA Weekly $26-27 Calls, the COIN Weekly $175-177.50 Calls, the AMD Weekly $145-144 Puts, and the VYGR 11/19 $10-12.50 Calls:

MARA Weekly $26-27 Calls
$26:
 .93-1.41 (+52%)
$26.50: .84-1.23 (+46%)
$27: .71-1.10 (+55%)
_____

COIN Weekly $175-177.50 Calls
$175: 3.19-5.93 (+86%)
$177.50: 2.79-5.04 (+81%)
_____

AMD Weekly $145-144 Puts
$145: 2.64-7.55 (+223%)
$144: 2.16-6.73 (+212%)
_____

VYGR 11/19 $10-12.50 Calls
$10:
 .70-1.90 (+171%)
$12.50: .25-.70 (+180%)


Fresh Options Ideas:
SPY 01/03 $472-471 Puts*
COIN Weekly $148-146 Puts
MARA Weekly $22-21 Puts
UNF 01/19 $180 Puts

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



Enzolytics, Inc. (OTCMKTS:ENZC) – Recap: 

We also wanted to give a quick update on an OTC stock that we had in yesterday morning’s extended watchlist. ENZC made a pretty nice intraday move from a low of .0169 up to a high .0215, which represents a rise of 27%


Extended Watchlist:
CSTF, ABIT, CRCW, PHIL, XSNX, VRSSF, NEXI, SASI, DYN, FWBI, TPHC, ABVC

Fresh Ideas for Big Name Earnings & More

Weekly Options Pop Off:

The back and forth choppiness of the markets recently has really been something to see, and after a rough start to the week on Monday, yesterday’s session flipped and went very bullish. Of the three quick-strike options trading ideas that we formulated in our premarket report, all three produced some very nice gain opportunities. We’ll hold off on the set of August calls we hashed out for NVS, and just focus on the short term plays.

Those contract sets targeted were the HAL Weekly $28.50-29.50 Calls, the JNJ Weekly $172.50-177.50 Calls, and the IBM Weekly $134-131 Puts. They all turned in good cards for the day, and provided ourselves and our readers with the following intraday gain chances:

HAL Weekly $28.50-29.50 Calls 
$28.50: .80-1.29 (+61%)
$29: .53-.99 (+87%)
$29.50: .40-.70 (+75%)
_____

JNJ Weekly $172.50-177.50 Calls
$172.50:
 .58-1.24 (+114%)
$175: .20-.45 (+125%)
$177.50: .46-1.06 (+130%)
_____

IBM Weekly $134-131 Puts
$134: 3.74-6.50 (+74%)
$133: 1.91-5.40 (+183%)
$132: 1.60-4.60 (+187%)
$131: 1.53-3.80 (+148%)


Fresh Options Ideas:
NFLX Weekly 207.50-215 Calls
BKR 08/19 $26-25 Puts
STZ 07/29 $250-245 Puts


Extended Watchlist: 
BLQS, NSAV, ZAAG, GWSO, MAXD, EVIO, ELRA, XSNX, SDIG, APLD, SNTI, SLNO, AIM, GNLN

XSNX | XsunX, Inc.

XsunX, Inc. XSNX

We are always interested in alternative energy companies, and XSNX is a solar outfit that puts a compelling spin on traditional solar technology. XsunX specializes in its own patent-pending CIGSolar™ (Copper Indium Gallium Diselenide, or CIGS) variety of solar panels, and one of the ways it makes that technology available is pretty interesting. In essence, the company offers clients the ability to manufacture its patent-pending products, which are made and operate in a more cost-efficient manner than similar technologies. The company’s modular manufacturing units are installed by XsunX’s team of specialists, and provide the opportunity for existing solar businesses to offer this groundbreaking technology to their own clients.What is known as a TFPV (Thin-Film Photo Voltaic) material, CIGS currently holds the world record for TFPV conversion efficiency at a rate of 19.9% This surpasses other TFPV technologies, and rivals the efficiency of industry-standard silicon units, without the durability issues known to plague silicon panels. Perhaps one of the more attractive aspects, CIGS panels can be made to replace silicon-based technologies utilizing their existing infrastructures, thereby reducing setup costs dramatically in many cases. In addition, the extreme durability and long life of CIGSolar™ panels reduce overall maintenance costs, essentially making the use of solar technology much more economically viable for applications where it may not have been, previously.

“CIGSolar™: The Manufacturing Advantage”, pictured above, deposits CIGS material onto thin steel sheet substrates, which are both cheaper and more durable than brittle silicon solar panels, while still doing the same job.

Solar power as a whole is on the rise in the US in a big way, currently standing as the nation’s fastest-growing alternative energy industry- and because CIGSolar™ is basically a drop-in-and-go replacement for existing solar implements, every area of it can be considered fair game for a switch to XsunX’s proprietary tech. Replacement of outdated units is an extremely attractive niche in the solar business, and one of the main reasons why XSNX is so appealing to us.

Another is the potential we see in the current XSNX chart. The stock has seen two significant runs this year, the first of which came when it ran 138% from a low of .008 on Dec. 28th, to a high of .019 on Jan. 14th. After a consolidation period which lasted into February, we saw another surge from .0091, to .023, another 153% gain.  After that run, it seems the stock has found a higher level of support, establishing a new base at .012.

We also took the liberty of preparing a video presentation of the XSNX chart:


Want more info on XsunX and its technology?

Here is a slideshow describing CIGS technology in detail.

CEO Tom Djokovich has appeared in a number of informative videos on MoneyTV.

In this video, he talks about CIGS, and gives you an inside peek at a CIGSolar plant in operation.

Here’s Tom discussing the international interest that CIGSolar has generated.

In this video he talks about reaching the final stages in client demo preparation.

A simple youtube search on XsunX will yield even more interviews with Tom, who is obviously very passionate about his product.
For even more info, the company’s website can be found at: http://xsunx.com