Apple, Inc. AAPL – Options
In Friday’s daily report, we were focusing in on AAPL options. We were watching the $550 Weekly Calls, which dipped as low as .66 before running as high as 8.35, a remarkable intraday move of 1165% They would close the session strong at 6.50. We had also added the $555’s to our radar. Those were as cheap as a nickle, and ran as high as 3.35, for an astonishing 6600% rip. You didn’t read that wrong. We said six-thousand, six hundred percent! Even the $560 Calls (that we mentioned would be a target provided AAPL broke through the $557-mark) traded in a vast range from .03 up to 1.51 (+4933%).
AAPL Options were certainly a trader’s paradise on Friday, so congratulations to anyone who caught our morning report and was able to get in on the incredible action! We’re looking for the upward momentum we saw in AAPL to continue into this week, and wouldn’t be at all surprised to see AAPL at, near, or above $600 by the end of 2013.
Dussault Apparel, Inc. DUSS
We mentioned Friday that if DUSS hold support above the .0007 area that we would remain interested in the stock. It managed to do more than that, trading in a daily range from .0008-.001, giving traders the chance at up to a 25% intraday gain.
We’re tracking DUSS following an announcement that the company would be shifting focus to the mining sector by acquiring some mineral claims, and so we’re going to want to follow that story to its conclusion. The claims, referred to as “Montauban Gold Tailings” could mean a significant revenue stream for the company if they begin producing gold. While it’s still quite early in this developing storyline, it’s worth keeping an eye on moving forward.
Zoom Technologies, Inc. ZOOM
ZOOM came off of our watchlist on Friday and turned out to be quite an aptly-named stock. It zoomed upward from a low of 5.96, and afforded folks the chance at up to 39% in intraday gains as it touched a high of 8.30.
This comes on the heels of Friday’s announcement that the company had entered into a letter of intent to possibly acquire Baifen Tonglian IT Co., Ltd. which is one of China’s leading mobile ad services providers.
International Star, Inc. ILST
ILST was another play from our radar on Friday, and it played out a classic dip-and-rip scenario during the day’s session. After touching a low of .002, the stock would rally to close at its high of day at .0028. That was good for an intraday opportunity at a gain of 40%
ARIA, CAMT, ALU, FRO, CTIC, BOSC, WYY, NLST, MACK