If you root through the seven year newsletter history archived at our website, BlueHorseshoeStocks.com, you would find that we’ve discussed AAPL more times than most stocks, even though we haven’t mentioned it much in recent times.
In fact, AAPL’s was the first go-to options chain that we focused on when we began including options trading ideas a few years ago. This morning, we’re coming back to this old favorite with a fresh idea to coincide with the current Apple hype.
The company is rolling out the new iPhone today, among other things, and iPhone announcements have historically provided some good ammunition for options traders. Today, we’re going to slate the AAPL Weekly $160 & $162.50 Calls for observation in forthcoming sessions as AAPL’s event is expected to drive up activity not only in its own stocks, but likely other tech stocks as well.
FutureLand Corp. FUTL
On Friday morning, we included FUTL in our watchlist, and the stock has made a solid two-swing for us. From Friday’s low of .0012 the stock set a new high of .0026 to kick off the week yesterday, which works out to an overall jump of 117% Yesterday’s big push came on volume of more than three times the monthly average.
We would also include a note of caution in terms of long term interest in this stock. The company dropped the news that it had entered into a joint venture with Greenleaf Holdings that would “deliver solar technology to the cannabis industry”. Yet here it is, two months later, and there have been no further details given. We tend to be wary of companies that don’t keep a steady line of communication to shareholders.
That being said, we have seen some really nice movement on the chart as we mentioned above, so we’ll continue to keep an eye on FUTL.
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