Tag: CCTL

Options Recap, OTC Bottom-Watch Play

Incredible Options Gainers: 

We finished out last week with an absolute bang as we signaled a wide range of options ideas in Friday morning’s report that would churn out opportunities for enormous intraday gains.

The top runners of our day were our targets in the SPY Weekly $379-380 Calls, the AVGO Weekly $445-447.50 Calls and the COST Weekly $320-315 Puts. We had a range of ideas in the GPS chain but the gains didn’t compare with the following huge winners.

Just look at the trading ranges and total possible single-session gains that were on the table with these plays:

SPY Weekly $379-380 Calls
$379:  .24-5.76 (+2300%)
$380: .16-4.77 (+2881%)
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AVGO Weekly $445-447.50 Calls
$445: .45-6.10 (+1256%)
$447.50: .35-3.71 (+960%)
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 COST Weekly $320-315 Puts
$320: 6.66-13.00 (+95%)
$317.50: 5.85-11.60 (+98%)
$315: 4.14-9.33 (+125%)
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Fresh Options Ideas: 
SPY 03/08 $382-383 Calls (Expires this afternoon!)
XPEV Weekly $28-30 Calls

Clean Coal Technologies, Inc. CCTC

For a little OTCQB action, we want to go ahead and tag CCTC for observation. The stock appears ready to start coming off of being oversold.

It had a nice run toward the beginning of the year, and we’re going to place it on watch for the possibility of similar future activity, with primary resistance at the current 50DMA of .013, and the MACD indicating the possibility of an impending reversal.

Extended Watchlist:
OZSC, INND, DPLS, PHIL, SEGI, CCTL, USMJ, SRMX, WHSI

Options Ideas, Potential Swing Trade

Options Review: 

This morning, we’re swinging back around to the fresh options ideas we offered up in Wednesday morning’s premarket report. With the markets getting choppy over the tech selloff, not to mention the US airstrikes in Syria, our timing in going bearish on SQ and TJX was fortuitous.

Our specific short targets were the SQ Weekly $250-245 Puts and the TJX Weekly $69.50-68 Puts, and in both cases, we turned up multibag upswings to finish out another solid trading week. Here were the ranges and total possible gains on those contracts subsequent to Wednesday’s alerts:

SQ Weekly $250-245 Puts
$250: 7.54-26.01 (+245%)
$247.50: 5.95-22.00 (+270%)
$245: 4.45-20.58 (+362%)
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TJX Weekly $69.50-68 Puts
$69.50: .50-3.75 (+650%)
$69: .37-2.72 (+635%)
$68.50: .45-1.95 (+333%)
$68: .21-3.74 (+1680%)
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Fresh Options Ideas*:
DKNG Weekly $58-59 Calls
ABNB Weekly $185-190 Calls

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds! 

EHang Holdings Ltd. EH

We also want to quickly throw up a signal on an interesting Chinese Aerospace & Defense play, EH, which looks attractive from a technical standpoint.

The stock has been feeling out a bottom after consolidating off of an epic run, and could go into recovery relatively soon. Provided EH can hold at or above the $30-40 range on any further pullbacks, we would like it for a possible swing trade candidate.

Extended Watchlist: 
WOFA, VIZC, MDCN, RNVA, CCTL, QPRC, AWGI, OPMZ 

Blue Horseshoe Stocks: Bottom-Watchlist & More

Coin Citadel CCTL

Among the plays we signaled in a bitcoin-related watchlist we formulated at the end of May while bitcoin prices were going haywire, was CCTL. We’ve actually been tracking this play for a lot longer than that if you refer to the CCTL Tag on our blog.

As recently as May 23rd, this stock was trading at the bottom of the barrel with a .0001 share price, and it has made just the kind of moves that one might expect from a super-subpenny play that suddenly finds itself in the middle of one of the trendiest market spaces.

Yesterday, we observed CCTL trading as high as .0008, which of course marks a rise of 700% over our witnessed lows in the space of ten trading days. We’re going to want to keep an eye on the stock, and be on the lookout for a key break into the double-zero range.

Bottom-Watchlist

We’re always searching for a good bottom play, and we’ve got a few to add to our watchlists this morning.

Dragonwave, Inc. DRWI – Up considerably in the premarket and moving to fill a previous gap on the chart this morning is DRWI. The company recently closed a hefty round of funding, which may explain the circumstances which led to it recording a new 52-week low yesterday. The company did, however, announce it has been awarded a big product supply and installation services contract from SmartSky Networks, a North American 4G LTE in-flight service provider. (>>View PR)
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Ability, Inc. ABIL– Also gapping up to a lesser degree in the premarket is ABIL. We’ll want to keep a good eye on this one, as it recently registered a new annual low. If the activity boost we’re seeing this morning develops into a more sustained trend, we could be catching the stock just in time for a recovery.
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Sugarmade, Inc. SGMD – Sugarmade is coming off of a bottom on the chart as well, trending up moderately for the month of June so far. This morning the company announced it had received purchase orders for hydroponic growing equipment that could yield as much as $3M this year. (>>View PR)

Extended Watchlist:
GAHC, NVAX, INO, KITE, CVNA