Petroleo Brasileiro SA (Petrobras) PBR – Recap
After doing quite well with some PBR options to close out last week, we decided to update our idea to some weekly calls for this week yesterday morning, as we rolled up our strike range to the PBR Weekly $14.50-15.50 Calls.
With the head of steam that PBR has been building over the past several sessions, it came as no surprise to see our fresh ideas flourish as well. All three sets of contracts produced solid single session gains to start off the week:
$14.50 Calls – Range: .50-.91 – Max Gain: 82%
$15 Calls – Range: .25-.65 – Max Gain: 148%
$15.50 Calls – Range: .11-.30 – Max Gain: 173%
Extended Watchlist Recaps:
Yesterday we went over a couple of plays that have done well from our daily Extended Watchlists, and today we’ve got a few similar updates on more solid performers that we’ve tagged within the past few weeks.
General Electric, Inc. GE
Called: 12/13 (>>View Report)
Subsequent Move: 6.77-8.79 +30% (>>View Chart)
Roku, Inc. ROKU
Called: 12/26 (>>View Report)
Subsequent Move: 27.06-42.98 +59% (>>View Chart)
Bonus Options Idea: ROKU Weekly $43.50-45.50 Calls
Axsome Therapeutics, Inc. AXSM
Called: Yesterday (>>View Report)
Subsequent Move: 5.79-8.89 +54% (>>View Chart)
DRYS, TMK, BPMX, HCA, WFT, HX, EMES, AXON, DGX
InterCloud Systems, Inc. ICLD
On Friday we noted that ICLD had rebounded off of its 52-week lows, and directed our readers to pay close attention over ensuing sessions, as the volume had really been ramping up significantly.
This was after tagging the play in our extended watchlist on Thursday We watched as the stock traded as low as .0157 that day and began to gain ground. Yesterday ICLD turned in another strong session to start the week, achieving a new high of .0245. That represents a three-session swing of 56% for this play since we’ve been closely tracking it.
We’ll continue to have ICLD on watch as it both breached through, and closed above its 50DMA yesterday, and its strength index is rising rapidly.
Dish Network Corp. DISH – Options Idea
Standard & Poors revealed late yesterday, that DISH would be added to the S&P500, and this morning, the stock is gapping up moderately in the premarket to the tune of 5%
We want to be standing at the ready with a solid options play, should the bullish activity carry over into today’s session, so we’re going to identify the DISH Weekly $63-65 Calls as targets for potential intraday/intraweek flip opportunities.
DRYS, WFT, MOMO, MYSZ, PBR, AF, TXHD, PPHM