SunEdison, Inc. SUNE
We first began mentioning SUNE last month, as we were noticing the stock had been steadily beaten back since midsummer. We placed the stock on bottom-watch and since reaching its ultimate low of 2.55 on November 20th, it has been making steady strides to the upside.
We tagged the stock for more intensive tracking in yesterday’s premarket report, and were met with even more advances. SUNE put forth a modest but solid 15% increase as it traded in a range from 5.65-6.47. From our observed low just a few weeks ago, SUNE has produced an overall increase of 154% We’ll continue to stay hot on its trail for as long as the bullish trend remains intact.
Options Recap – The Walt Disney Co. DIS
We were able to take advantage of the excitement surrounding DIS yesterday morning by submitting Weekly DIS $112-116 Calls for tracking, and in what seems like it’s become a regular occurrence for us, each and every set of contracts in our specified range made excellent intraday moves.
Here are the gains that were possible during yesterday’s session with these calls:
$112 Calls – Trading Range: 1.25-2.32 – Max Gain: 86%
$113 Calls – Trading Range: .80-1.58 – Max Gain: 98%
$114 Calls – Trading Range: .46-.95 – Max Gain: 107%
$115 Calls – Trading Range: .29-.54 – Max Gain: 86%
$116 Calls – Trading Range: .16-.29 – Max Gain: 81%
More Chatroom Success
Our good friend and chatroom participant, DJ, was up to his old tricks yesterday, entering yet another winning play into the mix.
NUVI was .008 x .009 at the time of DJ’s post (pictured above) and the stock ended up pushing to .0272 for an awesome 240% intraday surge.
Once again, a great example of why its a good idea to participate in our daily trader’s chats. To get involved, just send a Skype request to ‘stocksumo’.
Fresh Options Ideas – AAPL
This morning we’re looking to AAPL for a possible rally; the stock is gapping up and thus we will be looking for a potential dip-and-rip scenario. We are going to want to keep the Weekly $111-113 Calls on watch for today and tomorrow.
In the event AAPL pushes past the $113-mark, we’d of course look to roll up our strike prices to the $114’s and possibly even $115’s, depending on the magnitude of the surge.
Extended Watchlist:
SNGX, CHIT, EFFI, SRCO, VNTH, BTFL