Social Detention, Inc. SODE
It was just yesterday morning that we commenting on our coverage of SODE, the subject of a special report we did two weeks ago, at which time the stock was trading for as little as .10.
We mentioned the 53% gain it had already made leading into yesterday’s session,
and that we wanted to watch for it to establish higher highs and higher lows, continuing its current uptrend.
We didn’t have to wait for new highs to come rolling in- SODE once again pushed its upper limits and attained a high of .27, marking an overall two-week upswing of 170% It traded with volatility as well, providing not one but four separate intraday swings, as you can see on the intraday chart below.
In sequential order, those swings came from .145-.26 (+79%), .19-.26 (+37%), .19-.27 (+42%) and from .20-.26 (+30%), for cumulative gains of 188% on the day.
Signet Jewelers Ltd. SIG – Options Idea
With SIG posting a solid beat on earnings this morning, we’re going to want to be standing ready with a set of options ideas to take advantage of what is some intense premarket acivity, with the stock in the process of filling a gap on the chart from late March.
Based on the stocks early hours performance, we’re going to slate the SIG Weekly $47.50-50 Calls for observation as we head through this midweek.
ABEO, AXON, MEIP, NLST, DOVA, FATE, SNES