Lithium Exploration Group, Inc. LEXG
We’ve been tracking the activity in LEXG for quite a time, and the volatility and price action in this play has provided for us on more than one occasion.
Yesterday was yet another of those occasions, with the stock putting in a solid performance. LEXG traded in a range from .0036-.0045, an intraday move of 25% which came on a little over thrice the monthly average volume.
The moves we’ve seen since putting LEXG on watch in December have been significantly more impressive as well. We saw a low of .0013 around the holidays, putting our overall observed increase in just over three weeks at 246%
We’ve been so wrapped up in tracking various stocks over the first couple weeks of 2017, that the following will be our first options ideas of the year!
Netflix, Inc. NFLX – NFLX has been generally trending upward for around two months, hitting new all-time highs this week. Yesterday’s earnings and updates, including the fact that the streaming giant had added a record 7 million new subscribers over the last quarter.
We want to potentially take advantage of a continued run, even if its preceded by a dip-and-rip pattern. As long as it holds support above the $139 mark, we’re going to interested in tracking the NFLX Weekly $139-143 Calls.
Tesla Motors, Inc. TSLA – TSLA is another big board stock that has been on a bullish tear of late. The stock has been stacking gains on top of gains over the past 6 weeks.
This morning, it received an upgrade from Morgan Stanley, and we’ll hope to use that added attention to see some more good moves in the stock. Accordingly, we’ll have the TSLA Weekly $240-245 Calls on watch today and tomorrow.
VPRM, CNBX, PPCH, MLCG, XTRN, ANY