Month: June 2021

OTC Roundup & More

Penny Stock Poppers: 

The first thing we are going to do today is go over the advances made this week by some of the OTC stocks that have been on our radar. With a drought of earnings reporters, it’s good to have other ways to unearth gain opportunities and we’ve done fairly well with the following slate of penny plays.

In the case of RSHN, we’ve been on its trail for months, and have seen a monster move from the super-subpenny all the way to nearly two cents! The others are picks we brought to the table just this week which have already posted multibag runs.

Below you’ll find the exact date of our initial alert on each stock, followed by the subsequent moves and total possible gains that could have been attained:

RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.019
Gained: +2275%
_____

Dark Pulse, Inc. DPLS
Alerted: June 14th
Range: .0371-.0969
Gained: +161%
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Bassline Products, Inc. BSSP
Alerted: June 15th
Range: .0013-.0037
Gained: +185%

Oracle Corp. ORCL – Options Review:

We also had some fresh options plays in yesterday morning’s premarket report. We were tracking the ORCL Weekly $79-77.50 Puts and after gapping down the stock continued to fall, playing right into our hands.

That range of contract sets recorded multibag moves across the board, with the following intraday gain chances:

ORCL Weekly $79-77.50 Puts
$79: 1.11-3.15 (+174%)
$78.50: .70-2.63 (+276%)
$78: .60-2.24 (+273%)
$77.50: .47-1.73 (+268%)

Fresh Options Ideas: 
JBL Weekly $50-55 Calls

Extended Watchlist:
ALYI, IMTL, SNPW, TONR, OODH, SDVI

Bullish and Bearish Options Ideas

Ehang Holdings Ltd. EH – Recap:

Things have been cooling on the options front this week as we struggle through a period of extreme low numbers of daily earnings reporters. It’s the volatility following these earnings dumps that provides us with the big gain chances we’re always after.

We have been managing to find plays here and there, however, and one of our ideas from yesterday morning, the EH Weekly $40-45 Calls, did post some solid intraday gains for us. Out of our pair of designated targets, one achieved multibag status while the other fell just a couple of percentage points short.

Here are the total moves and possible profits on the session for those plays:

EH Weekly $40-45 Calls 
$40: 3.98-7.90 (+98%)
$45: 2.34-4.80 (+105%)

Fresh Options Ideas:

We’ll be flipping bearish on ORCL today, and are also taking a longer-term look at SAGE, which has fallen off a cliff this week.

SAGE 08/20 $60-65 Calls 
ORCL Weekly $79-77.50 Puts

Extended Watchlist:
DPLS, KATX, APTY, RSHN, VMCS, WDLF, EFIR,  HYSR, SRNW, APRE, SPI, KIN, GTEC, FORD

Earnings Related Ideas & More

Academy Sports and Outdoors, Inc. ASO – Recap:

We began tracking the ASO 06/18 $35-40 Calls a week ago today, in our premarket report on the 8th. Over the five ensuing sessions, the stock managed to achieve higher highs each day.

That momentum provided for some reasonably impressive multi-bag swings in our targeted contract sets:

ASO 06/18 $35-40 Calls
$35: 3.10-6.95 (+124%)
$40: .80-2.32 (+190%)

The company will also be holding a conference call today at 10:15 AM Eastern featuring Chairman/President/CEO Ken Hicks, along with other board members and executives. A link will be up on https://investors.academy.com at the designated time.

Fresh Options Ideas:
ORCL Weekly $82-83 Calls
EH Weekly $40-45 Calls 

PHI Group, Inc. PHIL – Recap:

Also in that same June 8th report, we tagged PHIL, a subpenny play that underwent a nice dip-and-rip and ran right into penny territory.

From a low of .0055, we’ve witnessed the stock make a run to its new high of .015 yesterday. That works out to a highly respectable run of 173% Volume over the same period has been greatly increased as well, so we’ll continue to keep an eye peeled for continued momentum.

Extended Watchlist:
BSSP, EFIR, RGGI, GTEH, MJWL, RSHN, GSAC, VMCS, TRCH, CLSD, CANF, OPGN