SPDR S&P 500 (ETF) SPY – Recap:
Our offering of fresh options plays for the day yesterday was simply limited to the SPY. The markets were signaling an incoming dip-and-rip scenario that created shaky ground for some of the earnings reporters, but that volatility did provide the impetus for some very nice intraday moves in our tracked calls.
Those ideas were the SPY Weekly $415-416 Calls and here were the considerable moves that were recorded throughout the day:
SPY Weekly $415-416 Calls
$415: .09-.43 (+378%)
$416: .28-.57 (+104%)
Fresh Options Ideas:
KSU Weekly $285-295 Calls
IBM Weekly $134-136 Calls
American Diversified Holdings Corp. ADHC:
Just yesterday morning, we were highlighting the excellent performance of ADHC, which has made an considerable move since we flagged it on April 1st. We witnessed a .005 low subsequent to that report.
Yesterday after our followup, we saw ADHC trade in a daily range from .0166 to a new high of .0314. That represents a daily pop of 89%, and an overall increase of 528% in April alone!
ENZC, AITX, GVSI, PJET, SEEK, SBFM
Innerscope Hearing Technologies, Inc. INND – News Update:
It was just Friday morning when we rehashed the recent performance of INND, a stock we have been tracking since February. We talked about the huge move it made at that time, followed by a pullback and rebound on a second significant run.
INND once again gives us cause to provide an update today, after setting another new high. It hit .0599, which from its swing low of .0143 brings the overall positive move the stock has made in the last month to 319%
Additionally, we picked up on a tweet sent out by the company which may or not be preemptive to an official release, regarding a distribution partnership with BJ’s Wholesale (NYSE:BJ) that the company expects to commence before the end of the month. The image below was included with the tweet which you can find here.
Generation Bio Co. GBIO – Options Idea:
We are looking at GBIO as a technical setup play, and will signal the GBIO 07/16 $25-30 Calls for observation in the weeks ahead. The stock is giving off a fairly powerful double bottom signal with some decent upside volatility potential. With no major earnings reporters catching our eye this morning, this will serve as our fresh option idea today.
Regen Biopharma, Inc. RGBP – Recap:
We also want to highlight the move in RGBP, which we flagged in Friday morning’s report. The stock ran from a daily low of .0165 and touched as high as .0295, which made for an intraday gain opportunity of up to 79%
KNOS, AITX, WRIT, ENZC, ADGO, SNNC, NUUU, GNCP, DRWN
Options Clean Sweep:
We kicked off this short trading week yesterday morning by formulating a trio of options ideas for our readers, and we have the pleasant duty to report that we went three for three on those fresh targets.
We identified small ranges of contracts in the PLUG, SPCE, and SPY chains, and all of them posted respectable intraday moves and gain opportunities:
PLUG Weekly $62-63 Calls
$62: 4.05-7.45 (+84%)
$63: 3.65-6.65 (+82%)
SPCE Weekly $31.50-32.50 Calls
$31.50: .75-1.53 (+104%)
$32: .61-1.29 (+111%)
$32.50: .50-1.10 (+120%)
SPY 01/19 $377-378 Calls
$377: .70-2.26 (+223%)
$378: .34-1.40 (+311%)
Fresh Options Ideas:
MS Weekly $76 Calls
NFLX Weekly $560-575
Super Subpenny Bangers:
We have been placing greater-than-average focus on the OTC Markets in recent months, simply because so much activity has been taking place there, and we will always go where we feel there’s fast money to be made. Even in the midst of this historic market, OTC stocks have produced a growth rate over 10% higher than stocks on the upper exchanges.
A couple of the super subpenny stocks we’ve been tracking recorded some serious moves yesterday:
1pm Industries, Inc. OPMZ
Plyzer Technologies, Inc. PLYZ
BLSP, AITX, TSNP, HYSR, OZSC, ASTI, INIS, ELCR