Apple Inc. AAPL – Options
We once again found a way to leverage AAPL’s current uptrend to our advantage yesterday using the options chain. Just to refresh people’s memories, the idea we highlighted in our premarket report was to monitor Weekly Calls in the $130-132 range.
As AAPL pressed to a daily high of $133.13 we saw significant action in both the $131 and $132 Calls. The $131’s dipped as low as 3.60 before running to a subsequent high of 4.50, for an intraday move equaling 25%, and the $132’s made a nice spike from 3.10-3.88; also a 25% swing.
Pazoo, Inc. PZOO
We also want to mention the performance of PZOO which surged to a new high of .0204 yesterday. In the video charts we’ve published on PZOO over the past couple of trading days, we mentioned that the 200DMA of .0204 should act as key resistance, and that’s where yesterday’s intraday run topped out. From a morning low of .0177, it marked a 15% jump.
From our observed low of .0049 on April 6th, PZOO’s new high marked an overall increase of 316% We stated this week that we want to see the stock maintain support in the channel between .011-.014, and that remains true today.
Any way you slice it, PZOO has performed admirably in the month of April.
Netlist, inc. NLST
Hitting our scanner this morning is a stock that has been in a steady downtrend for quite some time, which is gapping up in the premarket on the heels of an early PR linking the company to LG Electronics.
NLST has spent the better part of the last three months bottoming out, and the stock just set a new 52-week low yesterday. This is exactly the type of play that we like to monitor, as it gets kicked up off of annual lows.
Other Notable Gainers From Yesterday’s Watchlist
We’d also like to highlight two other plays that appeared in yesterday’s premarket report that provided opportunities for our readers.
SYMX traded in a daily range from 1.65-2.10, an increase of 27%
CANF rose from a low of 2.61 to hit 3.57; an intraday move of 37%
Extended Watchlist:
AGEN, CLDN, AEZS, VSR, TSLA