We hope everyone had a Happy New Year and a pleasant long weekend, and are all set to hit the ground running. We’re ready to give everything we’ve got to make 2023 every bit as exciting as 2022, and more! We’re going to kick things off this morning by going over the performances on a couple sets of longer-term options ideas we formulated a couple of weeks ago.
From our reports on December 20th and 22nd, respectively, we’ve been tracking the PLAY 01/20 $35-36 Calls and the PAYX 01/20 $115-120 Calls. The Paychex calls in particular have posted some serious multibag gains over that time span. With still more than two weeks remaining until their expiration, both sets of ideas have made pretty good headway indeed, posting the following moves and total possible profits so far:
PLAY 01/20 $35-36 Calls
$35: 1.03-1.85 (+80%)
$36: .72-1.27 (+76%)
PAYX 01/20 $115-120 Calls
$115: .92-4.03 (+338%)
$120: .33-1.65 (+400%)
Fresh Options Ideas:
SPY 01/03 $383-384 Calls
TSLA Weekly $120-118 Puts
Silo Pharma, Inc. SILO – NASDAQ Recap:
We included SILO on our watchlist in Friday morning’s premarket report, and were pleased with the single session move it made from 4.64-6.56. That works out to an intraday rise of 41% which is a pretty respectable rip for a $4+ NASDAQ stock. Our extended watchlists typically contain a mix of both big board and OTC stocks.
DPLS, GDVM, CLNV, LGIQ, MGUY, SWVL, GRRR, CMMB, EVAX, RDHL, NVOS, JSPR, SRNE