Last Monday, we were taking a look at the VCLK Options chain, specifically the $21 09/21 Calls. Following that report we observed a low of 1.10. By week’s end we observed an increase to 1.40 on Friday.
While we have not seen a power-move from VCLK as yet, with almost a month remaining until the expiration date on these contracts, there’s still plenty of time for that to occur. Especially the stock can continue to fill the gap on the chart (as we’ve pointed out below), the 09/21 $21′s could be pushed significantly deeper into the money by the the third week in September rolls around.
So far it has done a good job of posting higher highs and higher lows, and stairstepping its way toward those 50 and 200DMA’s at 23.38 and 24.00 respectively. We’ll be following along as it continues its recovery.
OWOO is coming off recent 52-week lows, and the company sent out a PR this morning containing some exciting news. They’ve retained the services of Steve Varner for the 3D sculpting of its planned line of celebrity dolls. Designing of two lines of Teenage Mutant Ninja Turtle action figures for Playmate Toys are among Varner’s notable acheivements.
It’s always interesting to observe the behavior of a stock that is coming off of its annual lows, especially one with untraded-upon news, so OWOO is going to be an area of interest for us as we kick off this new trading week.
HOUSTON, Aug 26, 2013 (GLOBE NEWSWIRE via COMTEX) — The One World Doll Project, subsidiary of One World Holdings, Inc. (OTCBB:OWOO) announced that it has partnered with Steve Varner of Varner Studios for all 3D modeling and sculpture work on its upcoming line of celebrity dolls.”When we first partnered with Steve Varner during the development of The Prettie Girls! Dolls, we immediately understood why his name is associated with so many successful toy products including Star Trek, Lara Croft Tomb Raider, The Teenage Mutant Ninja Turtles, McDonald’s Happy Meals and more,” said Joanne Melton, CEO of One World Holdings. “His work has always been of the highest quality and we are thrilled to once again have him as a part of the One World Team,” she added.
For more information on Steve Varner and Varner Studios log onto www.varnerstudios.com
IWEB, AVNR, HEB, CGEN, INO, SUNE