Sunday Stock Watch

There seems to me to be a new sector working its way to the top "HOT SECTOR" spot.
Lithium and Green Energy plays are taking that place, or so it seems. I have been working on finding a good mix of Options plays along with a three day trade a week strategy. I've stumbled upon some stocks I think are going to be a good heading forward.
DAY TRADE IDEAS:

$Snow Lake Resources (LITM.US)$ : Is a small (or micro) cap past runner (31.55 Million Market cap) Small share float at 8.13 Mil and a ton of news recently, meaning it has made its way onto a lot of peoples watch list. That (to me) means its far more liekly to run even if there is no new apparent news. Short Volume looks low for now but is higher then the past 4 days previous. MooMoo also gives the stock 9 bullish signals and one bearish for the 1 day AND the 1 Month indictator. Going to keep this on my watch list for this week.

$Avenue Therapeutics (ATXI.US)$ : Holy Sh**! This stock has had a crazy week or two! This is a Biotech company with News released about reverse stock split that sent the stock from about $3.30 to now at $10.08. It is because it has a micro float of only 797K (that is extremely small) Especially because on friday the volume was 27.39 MILLION SHARES!!!! let me repeat that, IT HAS 797,000 SHARES and there were 27,390,000 SHARES TRADED ON FRIDAY ALONE!!! thats nuts and If you ask me it is VERY likely to be a great day trade this coming week. It will be on my watch list every day. WARNING it is also VERY likely it will do crazy drops in price as well. with so little shares it is very easily manipulated.

$InMed Pharmaceuticals (INM.US)$ : Another Biotech that has a small Float (5.89 Mil) Decent Volume (7.17 Mil), Lots of news (nothing actually worth anything) , and a previous huge runner. Right now there are a lot of people trying to make plays of of the few stocks that are creating oppertunity. That is great but it means its competitive and risky. Defintiely a watchlist stock for a day trade. But as with all of these ive mentioned so far, Get in - Get Out and dont get greedy. Set your levels, follow your peramiters (rules and yes i know i suck at spelling) because I believe its going to be very volitlie this week with all these small cap runners!

My Option Ideas

Last week I played the $Bed Bath & Beyond Inc (BBBY.US)$ & $Carnival (CCL.US)$ earnings with Option Puts.
BBBY did not really make me any money and i ended up bailing around noon on the day the earnings were released (in AM). CCL Dropped 20% and I did well, I only wish I had not taken half of my money out of CCL after BBBY failed me. LOL Hindsights a B**ch.

I think Energy is going to be a good play! Ive been saying this for a few weeks now and we did finally see a little bit of a growth in it this last week. These will be slower growth plays but I have conviction in these and I hope I'm right and not wasting my time and Money!

$Crescent Point Energy (CPG.US)$ Call Nov.18th 2022 $7.5
$Kinder Morgan (KMI.US)$ Call Oct. 14th 2022 $17
$CNX Resources Corp (CNX.US)$ Call Oct. 21st 2022 $16
I opened these on Thursday and Friday. They are not up yet and actually all fell about 10-20% after i boought which is frustratiing but I wanted to hold until i See what this week entails I believe Energy is going to do well and start up. with all the Macro factors and how Energy is going to be in short supply (gas has been going up in us again) Its a thesis. There may be better plays out there but this is where i positioned Myself.

$XPeng (XPEV.US)$ PUT Oct. 21st 2022 $11.5
$Innoviz Technologies (INVZ.US)$ PUT Oct.21st 2022 $4
I'm embaressed by these to be honest. they were NOT good placements and are an example of my lack of self control and research. Not that these wont go down, because they might. But There are definitely better Puts to have out right now with the market that it is.


That is my personal Update to the Week ahead(10-3-22 to 10-7-22) I wish you all the absolute best on your trading and on your days!

@Dons hobby