Sensing the overall trend in the markets yesterday led us to profess our interest in Options Calls on these big-board stocks. It turned out to be a good decision- it wouldn’t have mattered which options chain you went with, gains were possible with all four:
FB, GOGO, PCLN, TSLA
The biggest opportunities came with GOGO and TSLA, but we’re still looking at call contracts for all of them. Additionally, we want to add FEYE and DDD to that mix as we head into the upcoming long weekend.
We’ve also been tracking AAPL Calls intensively over the past several sessions, and the stock did in fact hit new highs in the $609’s yesterday, so we’ll keep ourselves hot on the trail of potential gains in the Apple options chain as well.
It isn’t every day that we track options calls so heavily, but when we do, it seems to work out for us more often than not.
Royale Energy, Inc. ROYL
ROYL was a particularly bright spot on yesterday’s Extended Watchlist. The stock began to run right out of the gate, rapidly appreciating from it daily low of 3.12 to a subsequent high of 4.12.
That was a solid intraday move of 32% on nearly 39x its 3-month average, perhaps largely due to the PR that hit the wires yesterday:
SAN DIEGO, May 22, 2014 (GLOBE NEWSWIRE) — Royale Energy, Inc. (ROYL), announced that Rampart Energy, Ltd and Royale Energy, Inc. are pleased to jointly issue an update to shareholders and stakeholders on the seismic received:
- Large conventional target up to 20,000 acres in size;
- Strongly supported by Direct Hydrocarbon Indicators (‘DHI’s’);
- Joint interpretation of the Big Bend Cube taking place in San Diego;
- Very strong results dovetail into drilling plans with submission of key permits for approval by Alaskan regulators;
- Prospective Resource assessment to be completed soon. >>FULL PR
We’ll most likely be monitoring this play for awhile, as positive results from that upcoming ‘Resource Assessment’ could drive even more interest ROYL’s way.
OWW, RNA, IDN, WAVX, LIQD, IVAN, ZIOP