Tag: ADTM

Blockchain Blockbusters & More

Bitcoin Related Options Runners

We began the week by tracking bitcoin related stocks RIOT and MARA, and the options targets we formulated in each of them. On Monday morning we started with the RIOT Weekly $27-28 Calls and the MARA Weekly $26.50-28 Calls.

After solid success with those, on Tuesday morning we rolled up to include the $34-36 Calls in both chains on our watchlist. What unfolded from there has been a week filled with solid gain opportunities. Below, we will highlight the trading ranges and total potential gains on all of these targets through yesterday’s close.

RIOT is up considerably more than MARA in the premarket, however, considering the activity we’re observing, we would expect to see these figures increase today as we close out another excellent options trading week.  

RIOT Weekly Calls
$27: 1.56-18.40 (+1079%)
$27.50: 1.50-18.32 (+1121%)
$28: 1.35-18.70 (+1285%)

$34: 1.37-12.43 (+807%)
$35: .99-11.50 (+1061%)
$36: .99-10.50 (+960%)
______

MARA Weekly Calls 
$26.50: 1.91-14.00 (+633%)
$27: 1.48-13.10 (+785%)
$27.50: 1.51-12.75 (+744%)
$28: 1.43-12.50 (+774%)

$34: .76-7.10 (+834%)
$35: .81-6.29 (+676%)
$36: .57-5.52 (+868%)

Just as we have all week, we’ll be looking to stay on the money by including some higher strikes on our watchlist, with the RIOT Weekly $46-48 Calls and the MARA Weekly $38-39 Calls.

The Kraft Heinz Co. KHC – Recap

New in yesterday’s premarket report were the KHC Weekly $34-34.50 Calls which yielded the following moves and possible profits on the day:

KHC Weekly $34-34.50 Calls
$34: .68-2.62 (+285%)
$34.50: .57-1.80 (+215%)

Fresh Options Ideas:
DIS Weekly $190-192.50 Calls
NET Weekly $87-86 Puts  

Extended Watchlist: 
HVCW, ADTM, RNVA, RBNW, SRMX, LTNC, ECEZ, RTON, ELCR

Blue Horseshoe Stocks: VGZ, NEWC Reviews & More

Vista Gold Corp. VGZ – Recap

We entered VGZ into the mix in Friday morning’s premarket report after it became clear that it would be a troubling session for currencies in the wake of the Brexit vote. It was among a list of gold-related stocks that we wanted to track, and VGZ has set itself apart from the bunch.

From our observed low of 1.35 from Friday, yesterday’s high of 2.09 represented a respectable session-over-session upswing of 55%, so congratulations to anyone who took a piece of the pie during a time when big gainers have been relatively difficult to come by.

With the markets appearing to be gearing up for a rebound today, we’ll want to keep an eye out for a gap-down and consolidation from VGZ. We’ll only remain interested if it maintains support above its recent swing high around 1.50.

New Columbia Resources, Inc. NEWC

We also need to update folks on our NEWC reminder from yesterday’s report. It was a combination momentum/news play and the stock continued to set new highs.

From a low of .0179 it ran 35% intraday to .0241 on reasonably high volume to the tune of three times the monthly average. The company put out another PR today, and will hold our attention as long as it continues to exhibit momentum-play characteristics.

** Please Note: While we were the first to bring NEWC to our readers’ attention, we have noticed an active promotion on the stock, and would like to make it perfectly clear that we are not a part of that campaign, and have not been compensated in any way for mentioning NEWC. **

Fibrocell Science, Inc. FCSC

This is a stock that we haven’t crossed paths with in more than a year, but we noticed the beginnings of a nice rebound off of recent relative lows, and wanted to tag it for observation.

It has a ripe looking chart, and there is still a good sized gap that remains to be filled. We’ll have this play on our radar for that possibility moving forward.

Adaptive Medias, Inc. ADTM

We most recently alerted this one as a bottom play in our watchlist on Tuesday June 14th, and subsequent to that, the stock was trading as low as .0015. Yesterday ADTM broke out off its bottom, catching some nice momentum running as high as .0033, for a move of 120% in just two weeks’ time!

Bank of America Corp. BAC – Fresh Options Idea

BAC is among those stocks that took a Brexit-based pounding in recent sessions, and it appears to want to rebound a bit today. As long as this market reversal doesn’t turn out to be a head-fake, we’re going to want to pay attention to a couple set of contracts in the BAC options chain. Our possible strike points will be the BAC Weekly $12.50 and $13 Calls. If it can surpass the 13.50 mark, we’ll look to roll up our strike price a level or two.

Extended Watchlist:
DTII, OWCP, TWLO, FCX, WTW

Blue Horseshoe Stocks: Revisiting VMEM, ONOV & More

Violin Memory, Inc. VMEM

This morning, we’re going to take a minute to go over the recent performance of a stock that we tagged for tracking on June 1st. At the time, we were noticing that VMEM, after a period of sharp consolidation that led to its 52-week lows roughly a month ago, was rebounding nicely.

Subsequent to our mention of the stock we observed a low of .482, and in the ensuing two weeks, it’s been mostly trending upward as you can see on the chart below. It has since reached a high of .79, representing a total increase of 64% over our observed low.

To remain interested in VMEM, we’ll need to see it hold support at or above its recent swing-low at .56 on any pullbacks.

BioNovelus, Inc. ONOV

We’ve got another stock in ONOV that we had previously mentioned earlier this spring, which has also managed a near-continual uptrend of late.

Following our alert of this play back on the 26th of April, it was trading for as little as .006 a share, and as you can plainly see, the climb it’s made since that time has been nothing short of monumental. The stock incredibly hit a new high of .103 yesterday, which registers as a 1617% upswing over our observed low!

Despite being quite overbought at the moment, we’ve got the indicator of all indicators, a Golden Cross, forming on the chart. Should the stock hold support at .04 or better on any dips, we’ll remain watchful for the possibility of further breakouts.

Extended-Term Watch Idea:

Motorcar Parts of America, Inc. MPAA – We took notice of MPAA this morning after the company’s mixed earnings release. We are seeing a number of attractive features of this stock at the moment, and want to put it on a longer-term watch. Not only is it currently feeling out its 52-week lows, but there has been a wave of Form-4 Buying that has been reported over the past week. These are attributes which have led us to good bounceplay opportunities in the past, so we’ll keep an eye peeled.

Extended Watchlist:
SOUM, GRLD, SFBE, ERHE, IMNP, SGY, YGE,
ADTM(Back on bottom watch)