Eastman Kodak Co. KODK – Update
It was a few weeks ago on the 12th of January that we signaled a range of puts in the Kodak options chain. The company had seen a considerable surge in price after announcing its own unique crypto-coin, but we took a skeptical position as to its sustainability.
We highlighted the KODK 02/16 $15 & $12.50 Puts.
and wanted to come back around to it this morning to check out the gains that were made possible as the stock has predictably failed to maintain its uptrend, and instead has fallen significantly since our alert.
As a result, the $15 Puts have run from 4.70-8.80 for an 87% pop, while the $12.50′s traded from a low of 2.60 up to 6.50, a gain of 150%
Auris Medical Holding Inc. EARS
We lso want to add a quick bottom watch play in EARS to kick off the week this morning.
It’s got multiple gaps to fill to the upside and is currently considerably oversold. We’ll want to watch this stock for a potential rebound in the days and weeks ahead.
JAGX, MARK, USLV, BUR, GERN, XNET