USA Restaurant Funding, Inc. USAR
We included USAR in our watchlist yesterday morning, and for the first half of the day it was off to the races with a healthy surge in PPS. We witnessed as the stock ran from its morning low of .0093, punched through the penny barrier, and reached a high of .0148. That worked out to an intraday pop of 51%
The latter portion of the session saw USAR slide back to new daily lows in the high .006-range. With such volatility present in the stock, we’ll certainly need to exercise caution, while at the same time continuing to scan for similar chart activity that could lead us to similar intraday gains moving forward.
Macy’s, Inc. M – Options Update
After serving up the chance at a 1500% intraday gain on Tuesday, our range of observed contracts, the M Weekly $41.50-45 Calls, had already served their purpose wonderfully.
We expected to see those contracts continue to make moves if the trading action in Macy’s stock allowed for it, but even we were blown away when yet another 15-bagger surfaced for the second consecutive session!
With the exception of the $44.50 and $45 Calls, which were too far from the money to offer up any real chances, every other contract in our tracked group yielded excellent opportunities for massive one-day profits:
$41.50 Calls – Trading Range: .40-1.48 – Max Gain: 270%
$42 Calls – Trading Range: .22-1.20 – Max Gain: 445%
$42.50 Calls – Trading Range: .15-.81 – Max Gain: 440%
$43 Calls – Trading Range: .07-.48 – Max Gain: 586%
$43.50 Calls – Trading Range: .05-.29 – Max Gain: 480%
$44 Calls – Trading Range: .01-.16 – Max Gain: 1500%
Fresh Options Idea – Salesforce.com, Inc. CRM
Today, we’ll look to possibly take advantage of the activity in CRM in the wake of its untraded-upon earnings beat yesterday. We’re going to zero in on the CRM Weekly $67.50-70 Calls for daytrade opportunities today and possibly even swing-trades into tomorrow.
Mexus Gold US MXSG
We also want to provide a quick update on the success of another recent interest of ours. We’ve been tracking MXSG all month, and after seeing the stock trade as low as .0016 when we first started including it in our selections, we’ve witnessed it rocket to a new high of .008. That’s a huge 400% increase in just a few week’s time!
NERG, PGEI, IORG, PCSV(News)