We’ve been going heavy on our options tracking this week, and have unearthed some real gems as usual. To close things out today, we’ll identify a couple of things to watch for once action commences.
Apple, Inc. AAPL – To reiterate our AAPL idea, we were tracking the stock and observing for a bottom early this week, which it found Wednesday. It led to some impressive gains in the Weekly $115 Calls, and those are the contracts that we’ll watch for added activity. *Remember: Trading in options with a weekly expiration on a Friday carries an elevated risk/reward dynamic.
First Solar, Inc. FSLR – Earlier this week we saw intraday gains running from 188-579% from our FSLR ideas. We’ll roll our previous tracking range ($47-50.50) on Weekly FSLR Calls up to the $51-52 Level.
FitBit, Inc. FIT – We’ve witnessed gains approaching the 100%-mark from Weekly FIT Calls in prior sessions, but today we’re going to enter a longer-term idea into the log for extended observation. We’re interested in the FIT September 18th $64 Calls.
Stragenics, Inc. ASAB & Pervasip Corp. PVSP
As you can see from the side-by-side snapshot below, each of these .0008-stocks appear ready to rebound off of their recent relative bottoms, and we’ll want to be paying close attention when they do. Especially in the case of PVSP; a play that we tracked over a monster run from late-June, early-July.
American Green, Inc. ERBB
We’ve been familiar with this stock since back when it was still trading as Tranzbyte Corp., although 2015 has been a near-constant downslide for the stock. One look at the chart and it’s self-evident.
It did however, respond to the logging of a new 52-week low on Wednesday with a higher low for yesterday’s session, so we’ll want to see if it can continue to establish a higher base of support. A rebound could be forthcoming at any time, so we’ll re-submit this to our running watchlist.
Today we are celebrating the 4th anniversary of Blue Horseshoe Stocks. It’s been a great ride so far, and we can’t wait for all the great things the future holds! Our thanks go out to our many valued subscribers and readers from around the globe for your continued support! Without you we’d have no reason to do what we do, so, Happy Birthday to the entire Blue Horseshoe Stocks community, one and all!