Invesco Solar (ETF) TAN – Recap
On Thurday’s morning, we were getting strong bullish signals from the solar sector, and in order to stay on top of that trend we decided to track a set of options ideas in the TAN chain, with TAN being to the solar space what the SPY is to the markets as a whole.
Our targets were the TAN 10/16 $54-56 Calls and we saw some very nice activity from those plays on Friday.
TAN 10/16 $54-56 Calls
$54: 3.10-4.60 (+48%)
$55: 1.90-4.21 (+122%)
$56: 1.75-3.60 (+106%)
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We also had signaled the TCOM 10/16 $27-29 Calls for observation on Friday morning, and those saw some solid intraday gains.
TCOM 10/16 $27-29 Calls
$27: 2.62-3.47 (+32%)
$28: 1.88-2.81 (+49%)
$29: 1.18-2.06 (+75%)
All American Gold Corp. AAGC
We will also provide an update on AAGC which we mentioned on Wednesday morning. We observed a subsequent low of .0008 and to close out the week with a bang, the stock hit a new high of .0024.
This subpenny runner amounted to potential gains of up to 200% and was a good diversion from our typical big board options interests.
Fresh Options Ideas:
THO 10/16 $100-105 Calls
UBER Weekly $34.50-36 Calls
Extended Watchlist:
PASO, CLOW, WOGI, GNBT, VST,