Tag: ASRT

Huge Stock Moves & More

Rite Aid Corp. RAD – Review

We were just talking about RAD in our premarket report from last Friday, and we wanted to close out this week by bring up the very respectable run it has produced. The morning of our report, the stock saw a low of 12.11, and subsequently registered a new high yesterday at 19.22 (+59%). As of the premarket high of 22.44 established in the premarket this morning, we’ve witnessed a one-week run of 85% from Rite Aid.

We’re also going to signal a couple of different sets of options ideas to track in the RAD chain over the next week, and beyond. We’re going to radar the RAD 1/03 $21-23 Calls, as well as the RAD 04/17 $27-30 Calls.

Other Updates
 
We also wanted to highlight some mega-moves made by stocks we’ve placed on watch recently, once again proving conclusively that options aren’t our only forte.

We tagged Clearside Biomedical, Inc. CLSD in our extended watchlist on October 18th, and witnessed a low of .75 the following day. The stock has been gradually ramping its way up in the several weeks since then, continually registering new highs, of which it hit 3.95 yesterday. That’s an incredible increase of 427%
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We put Oncolytics Biotech, Inc. ONCY on watch back on November 14th, and have watched as the stock began to edge its way up, before absolutely exploding over the last week. Our observed range on this one in just over a month has been .82-2.92, a gain of 256%
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Many of our longer term readers will remember how significant the gains were out of OWC Pharmaceutical Research Corp. OWCP as we first came across it at the end of 2016 when it went on a mega run from subpenny levels to over 2.00. When it appeared in yesterday’s watchlist it was time to start paying close attention to it again. OWCP made a 94% intraday move yesterday from a low of .028 to a high of .0543. Volume has been ramping up the last few sessions and with this type of momentum, we’ll definitely continue to keep an eye on it.

Extended Watchlist:
KWBT, FCEL, TRQ, SPPI, AQMS, AMRS, PT, ASRT, OBSV

Big-Time Options Winners

Reviewing Friday’s Ideas 

We included a trio of options ideas in Friday morning’s premarket report, and like clockwork, they all churned out multi-bag runs on the day, allowing ourselves and our readers the chance at some really nice gain opportunities.

Our continued success in short-term options trading is such that these kind of results are essentially expected, as a matter of course. But don’t take our word for it, we urge newcomers to subscribe and test the validity of our claims for yourselves!

We had targets in the SPY, ADBE, and SRPT chains, and in each case we witnessed explosive moves to the topside. Here are the potential profits that were on the table:   

SPY Weekly $317.50-318.50 Calls
$317.50 Calls – Range: .54-1.48 – Max Gain: 174%
$318 Calls – Range: .36-1.20 – Max Gain: 233%
$318.50 Calls – Range: .18-.83 – Max Gain: 361%

ADBE Weekly $310-315 Calls
$310 Calls – Range: 4.60-11.52 – Max Gain: 150%
$312.50 Calls – Range: 2.51-9.04 – Max Gain: 260%
$315 Calls – Range: 1.51-6.62 – Max Gain: 338%

SRPT Weekly $132-134 Calls
$132 Calls – Range: 1.55-7.08 – Max Gain: 357%
$133 Calls – Range: 1.79-4.40 – Max Gain: 146%
$134 Calls – Range: 2.14-5.50 – Max Gain: 157%
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Fresh Options Idea:
WW Weekly $39.50-40.50 Calls 

Extended Watchlist:
ASRT, ADXS, AXSM, GLOG, CWH, BMRN, CYTK