Twitter, Inc. TWTR
Twitter posted its quarterly figures showing the company was nearing profitability, so we took the opportunity to signal a range of options, and what followed was Twitter’s biggest bullish session since last year, and some great chances for gains in our designated contracts, the TWTR Weekly $18-19.50 Calls.
$18 Calls – Range: 1.00-2.60 – Max Gain: 160%
$18.50 Calls – Range: .64-2.02 – Max Gain: 216%
$19 Calls – Range: .38-1.65 – Max Gain: 334%
$19.50 Calls – Range: .18-1.15 – Max Gain: 539%
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Fresh Ideas:
Microsoft Corp. MSFT Weekly $82-85 Calls*
Apple Inc. AAPL Weekly $157.50-160 Calls*
*Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s just about as risky as it gets.
ITUS Corp. ITUS
We’ve been tracking ITUS since September 21st, subsequent to which point we witnessed a really great move in the stock from 1.92-5.15 for gains of up to 168% over just a few sessions.
In the past few weeks ITUS has been under consolidation, but yesterday the stock came down and kissed the 50DMA before bouncing. It’s gapping up this morning in the premarket, so we’ll want to watch closely for it to hold the 200DMA of 2.19 on any pullbacks. If it can manage that, we like the chances of seeing what could be more sizable moves for the stock in coming sessions.
Extended Watchlist:
EVOK, INTC, ATEN, AVXL, THC, WWR, DXTR, KTOV,