Big Options Wins, GRMM News

Target Corp. TGT &
Canopy Growth Corp. CGC – Options Review

As usual, we offered up some fresh options ideas to our readers in yesterday morning’s  premarket report, and unsurprisingly, we saw some very nice moves out of all of them. We had identified potentially attractive targets in both the CGC and TGT chains, and everything worked out in our favor.

Here were the total possible gains that could have been achieved on the day:

TGT Weekly $119-123 Calls
$53 Calls – Range: 1.73-8.20 – Max Gain: 374%
$52.50 Calls – Range: 1.35-7.20 – Max Gain: 433%
$52 Calls – Range: 1.00-6.30  – Max Gain: 530%
$51.50 Calls – Range: .74-5.34 – Max Gain: 622%
$51 Calls – Range: .53-4.50  – Max Gain: 749%
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CGC Weekly $15.50-16.50 Calls
$19.50 Calls – Range: .43-2.90 – Max Gain: 574%
$20 Calls – Range: .36-2.37 – Max Gain: 558%
$20.50 Calls – Range: .35-1.99  – Max Gain: 469%
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We’re going to stick with both of these chains, but roll up our potential strike prices to stay a little closer to the action. We’ll be tracking the TGT Weekly $126-128 Calls and the  CGC Weekly $18-18.50 Calls.


Grom Social Enterprises, Inc. GRMM – News Update

We also wanted to swing back around to GRMM, a stock that we did an in-depth report on earlier this month. The company has just announced a $2M debt conversion at a premium to market pricing in a move that does a lot to strengthen the company’s balance sheet.

If you have yet to take a closer look at GRMM and it’s kid-safe social media platform, we urge you to click the link above or below and seek out our in-depth report.

Boca Raton, Florida, Nov. 21, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Grom Social Enterprises, Inc. (OTCQB: GRMM) (“Grom,” the “Company,” “we,” “us” or “our”), a leading social media platform and original content provider for children between the ages of 5 and 16, today announced that it has strengthened its balance sheet through the conversion of $2.0 million of debt to equity at terms believed to be favorable by the Company.

Pursuant to the terms of the transactions, certain of Grom’s noteholders converted $1.8 million of convertible promissory notes into common stock at terms believed to be favorable by the Company, while management converted $200,000 of interest-free loans due from the Company into common stock at $0.175 per share, a premium to the current market price per share. Including this transaction, Grom senior management has converted approximately $1.7 million of debt into common stock since 2018, all at a significant premium to market. (>>View Full PR)

>>READ OUR DETAILED GRMM REPORT<<


Extended Watchlist:
REPL, SPWR, BIOC, HEPA, XXII, ONTX,

Blue Horseshoe Stocks: Another Big Week on the Books

Spot-On Options Review

Our success with identifying potentially lucrative short-term options trading ideas continues to persist as we close out yet another amazing week of gain opportunities for ourselves and our followers. Please, if you’re not signed up for our newsletter, CLICK HERE and get subscribed today. Our options acumen regarding quick-strike, high volatility plays is second to none.

Case in point, we formulated a trio of fresh ideas for yesterday morning’s premarket report, and all three produced enormous intraday multi-bag moves. Here were the total gains available:

AMGN Weekly $185-187.50 Calls
$185 Calls – Range:
 .98-4.55 – Max Gain: 364%
$187.50 Calls – Range: .28-2.35 – Max Gain: 739%

SHOP Weekly $327.50-335 Calls
$327.50 Calls – Range: 6.90-22.87 – Max Gain: 231%
$330 Calls – Range: 6.08-20.67 – Max Gain: 240%
$332.50 Calls – Range: 5.10-18.00 – Max Gain: 253%
$335 Calls – Range: 2.70-15.97 – Max Gain: 491%

BYND Weekly $180-170 Puts

$180 Puts – Range: 3.20-9.62 – Max Gain: 200%
$177.50 Puts – Range: 2.44-7.91 – Max Gain: 224%
$175 Puts – Range: 1.70-6.29 – Max Gain: 270%
$172.50 Puts – Range: 1.20-4.56  – Max Gain: 280%
$170 Puts – Range: .85-3.45 – Max Gain: 306%
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Fresh Ideas: 
BABA Weekly $165-162.50 Puts*

*NEVER trade weekly expiring options on a Friday unless you are an advanced level trader, and have access to disposable funds. 


PCT Ltd. PCTL – Recap

We tracked PCTL to some pretty impressive gains following our initial alert on the play just under two weeks ago. We continued tagging it in our extended watchlist into this week, and after a brief consolidation, we observed more bullish activity out of the stock.

On Wednesday, PCTL dipped to a low of .0095, very briefly existing as a subpenny play once again, before making its next move. That led to a high of .02 yesterday, which represents a two-day swing of 111%


Extended Watchist: 
ZYNE, XXII, CGIX, PINS, CRON, RRD, RDFN, CDNA, DSLV

Blue Horseshoe Stocks: Big Options Gainers & More

SPDR S&P500 ETF (SPY) – Recap

Yesterday morning in our premarket report, we formulated a fresh options idea with the SPY 05/15 $281-282.50 Calls after seeing that market conditions appeared to be gearing up for another session-over-session reversal after Monday’s selloff.

Our hunch proved accurate, with a bullish session similar to Friday’s going on the books yesterday, and it provided for some nice chances in our highlighted contracts.

$281 Calls – Range: 2.13-4.35 – Max Gain: 104%
$281.50 Calls – Range: 1.87-3.85  – Max Gain: 106%
$282 Calls – Range: 1.55-3.39 – Max Gain: 119%
$282.50 Calls – Range: 1.30-3.03  – Max Gain: 133%


Amplitech Group, Inc. AMPG – News

We’re revisiting AMPG again for the third straight time this week, after the company’s quarterly report was released yesterday, containing highlights for Q1 2019, which included bolstered sales, profits, and cash on hand. 

Some of the key financial highlights were as follows:

-Sales were $678.3K, up from $428.5K a year earlier, an improvement of $249.8K, or 58.3%

-Gross profits were $324.1K, up from $254.9K a year earlier, an improvement of $69.2K, or 27.1% Gross margins in Q1 were 47.8%, down from 59.5% the prior year.

-Operating Income in Q1 increased to $82.6K, up from $44.2K a year earlier, an improvement of $38.4K, or 86.9%

-Earnings before interest, tax, depreciation and amortization (EBITDA) for Q1 increased to $119.7K from $52.1K the prior year, an increase of $67.6 thousand, or 129.8%  EBITDA margins for the current quarter were 17.6 percent vs 12.2 percent in 2018, an improvement of 44.3 percent.

-Cash on hand increased from $442.1K in Q1 of 2018 to $783.6K in 2019, helped by improved profits as well as a new term debt facility which was secured in the first quarter. (>>View Full PR)

Be sure to check out the recent acquisition news from AMPG as well, which figures to improve the company’s sales by a significant margin.


FRESH OPTIONS IDEA:
Macy’s, Inc. M Weekly $22-23.50 Calls


Extended Watchlist:
CLRB, XXII, CEI, TLGT, HIIQ, HTBX, PEIX