Pricesmart, Inc. PSMT
On Friday morning, we selected a pair of contracts in the PSMT options chain, and we want to start off this new trading week by updating our readers on the excellent progress those calls made.
Our targets were the PSMT 04/20 $80 & $85 Calls and some very nice intraday gains were posted on both counts. The $80 Calls made their way from a low of 5.12 up to 10.98 for a move of 114% while The $85’s traded up from 2.50 to 6.70, marking a 168% rip.
NII Holdings, Inc. NIHD
We also want to look back on the recent performance of NIHD. We placed this stock on watch in our report from the morning of February 28th, and after seeing its low the following day, the stock hasn’t looked back since.
From that low, which came in at 1.115 (03/01), NIHD has gradually pressed its way up as high as Friday’s mark of 2.6092, which represents a 134% swing in the course of five trading weeks.
Extended Watchlist:
MYSZ, ABEO, HEAR, TEUM, LUK, EYEG, SGMO, NVCN (Bottom-Bouncer)