AAPL, AUY, TCPS, EVRM, RSOL & Extended Watchlist

Apple, Inc. AAPL Options
Our coverage of Apple Options just got a whole lot more interesting. At the time of our afternoon updates yesterday, the $440 Calls we were looking at ran from 7.75 to 9.05, adding 17% to our gains. What happened following the market close was quite unexpected.

Most of you will have already heard about the big headline now surrounding Apple- because of the company’s exploitation of foreign tax loopholes, it has avoided paying billions in U.S. taxes on profits that it has moved to three shell companies in Ireland. The bills Apple has avoided through what is being referred to by some as ‘tax gimmickry”, could play a role in the reform of US corporate tax law, but it is yet unclear as to whether Apple will be subject to some form of penalty for this financial sleight-of-hand. CEO Tim Cook is set to appear before a Senate subcommittee to respond to the accusations.

Regardless of the final outcome of this latest development, we are readying ourselves for the possibility that Apple may see an interuption in its recent bullish run. As of this moment, it is uncertain as to how this will affect the overall trajectory of the stock, thus we want to remain extremely vigilant. Should this story not have a great effect, we would still be looking at the $435 and $440 Calls. However, if AAPL doesn’t hold support at this morning’s pre-market low of 438.24, we will need to turn our attention to Puts at the same strike prices of $435 and $440.

The key here will be quickly thinking on our feet once a diagnosis of the current conditions can be made.


Yamana Gold Inc. AUY Options
Also among yesterday’s Options Trading coverage was Yamana Gold. The AUY $11.00 calls we alerted in our afternoon update report (trading at .60 at the time) ended up closing at their high-of-day (.70), for a quick gain of 17%


TechnoConcepts, Inc. TCPS
TCPS is a momentum play that we are putting on watch today for a possible continuation of its recent surge. The stock broke its 3-year high yesterday, and has been seeing an increase in volume over the past few sessions. We’d like to keep a cautious eye on this one moving forward, as it is currently in Blue Sky Breakout mode.


Evermedia Group, Inc. EVRM
EVRM hit a new high of day into the close yesterday. We like the activity we’ve observed since Friday, as the stock has held support off of .0012, and yesterday hit a high of .0018, marking an increase in our possible gains from 33% to 50% We want to continue to watch EVRM moving forward.


Real Goods Solar, Inc. RSOL
RSOL also hit a new high into the close yesterday, trading at 6.43 at the time of our alert, and going on to touch 7.17, increasing our possibility for intraday gains up to 57% (From its low of 4.55) With all the momentum in solar stocks recently, we want to keep an eye on the sector as a whole. Here are a handful of related stocks to watch in the field: ASTI, CSIQ, HSOL, FSLR, SCTY, JKS, LDK.


Extended Watchlist:
CLWR, FNMA, FMMC, SDBT

Blue Horseshoe Stocks: Midday Updates

Apple, Inc. AAPL Options
We sincerely hope folks have been following our coverage of Apple Options. More specifically, the $440 Calls we’ve been looking at: They traded for as little as 2.57 today before going on to hit a high of 8.90, for a possible intraday gain of up to 246%

The $435 Calls also yielded chances to profit big, trading from 4.15 to a subsequent high of almost 12.00.

If Apple can break past $445, we will be looking to the $445 and $450 Calls to continue reaping these kinds of rewards.


Yamana Gold Inc. AUY Options
As we suspected it might, AUY has begun to rebound this morning as Gold Prices are doing the same. In addition to the stock itself looking attractive from this vantage, we are looking at the $11.00 AUY Calls, which have been increasing in value as the AUY attempts to break above eleven dollars, which it did for a brief time this morning.


Real Goods Solar, Inc. RSOL
RSOL came off of this morning’s extended watchlist to make a run from 4.55 to 6.43, gaining as much as 41% intraday. We offer congratulations to anyone who was able to take advantage of this rapid gainer.


Evermedia Group, Inc. EVRM
EVRM dipped to Friday’s low of .0012 before touching a high of .0016, for a 33% move.


 

AAPL, EVRM, AUY & Extended Watchlist

Apple, Inc. AAPL Options

On Friday we talked about our interest in the $435 and $440 Calls, and the day’s session certainly provided us with significant opportunity. The $435’s were changing hands for as little as 2.34, and went back over 4.00, and the $440’s went for as low as .60 before running to 1.30 in just the first hour of trading. The $435’s then went on to provide us with a couple of bounce opportunities over the remainder of the day.


Evermedia Group, Inc. EVRM

EVRM came off of Friday’s Extended Watchlist to provide us a couple of chances for modest gains. The stock started the day by trading in a range from .0014-.0016, then dipped back to .0012 before closing at .0014.


Yamana Gold Inc. AUY
We are putting AUY on watch this morning as a potential bottom bounce play. The stock is trading around its 52-week lows, thus we want to be on the lookout for a possible reversal.

Unlike a lot of the OTC gold stocks we cover which are usually beginning-stage companies, this NYSE-traded company is engaged in fairly heavy production. They recently reported a 4% year-over-year increase in gold production for the First Quarter, pulling over 248,000 ounces of gold from the earth, yielding revenues of more than a half-billion dollars.

Couple the recent beating taken by gold, and the earnings and revenue (while impressive in and of themselves) failing to meet Wall Street’s expectations, we can see why the stock has fallen. We also want to be there to see the recovery as well, so we will be continuously montiring AUY for the foreseeable future.


Extended Watchlist:
CERP, EXPU, RAD, RSOL, PACT, IQNT, ROSG, DANG,