As we have been continuously mentioning in recent weeks, while our primary interest is still in quick-strike options trading, we need to follow the money, and the OTC has been producing for us in a big way. Traditional technical trading on the big boards has taken a hit amid the effects brought on by the coronavirus, and doesn’t look to be making a comeback for quite some time.
Here are a few examples of recent penny stocks we’ve tagged that have proven their utility in attaining the fast profits for which we are always on the lookout.
Artificial Intelligence Technology Solutions Inc. AITX
Alerted: Yesterday (06/24) | Range: .0299-.095 | Gain: 218%
Data443 Risk Mitigation Inc. ATDS
Alerted: 06/17 | Range: .0095-.0219 | Gain: 131%
Ozop Surgical Corp. OZSC
Alerted: 04/30 | Range: .0049-.0530 | Gain: 982%
Earnings Related Options Plays:
RAD Weekly $13.50-14.40 Calls
DRI 07/17 $70-75 Calls
ACN Weekly $207.50-212.50 Calls
VXRT, GAHC, GTEH, GMEV
Digital Locations Inc. DLOC
We tagged DLOC in yesterday morning’s report just in the nick of time to catch one of the top sessions in the stock’s history. On all time high daily volume, the stock cruised from a low of .07 all the way up to .35, marking a fantastic 400% ripper on the day.
We have been supplementing our options plays with some select OTC picks as well, and this is a fine example of why. The opportunities have been there for anyone with the wherewithal to look (or read our daily reports).
We also highlighted some options ideas that we thought might work out for yesterday’s session in AAPL and ADBE, as well as some SPY calls, and we were met with considerable success. All six of the designated sets in our target ranges produced double-bag gains or better.
AAPL Weekly $360-365 Calls
$360: 5.85-13.57 (+132%)
$362.50: 3.45-11.55 (+235%)
$365: 3.35-9.70 (+190%)
ADBE Weekly $435-445 Calls
$435: 6.00-12.43 (+107%)
$440: 3.20-8.95 (+180%)
$445: 1.80-5.66 (+214%)
Fresh Options Idea
AVAV 07/17 $75-80 Calls
SGMD, BRLL, BSTK, AITX, OZSC, BANT, HALB, FCCN, PLUG, FCEL
SPDR S&P 500 (ETF) SPY – Review
Yesterday morning we said we would come back to the idea we issued for the SPY on Tuesday morning, for what we assumed was going to be some nice added gains. The targets were the SPY 05/27 $302-303 Calls, and they exceeded our expectations for the day by a country mile!
That pair of contracts posted what may possibly be the biggest single session gains we’ve ever tracked in the SPY, which has been our go-to market analog for years. The gains here were simply marvelous.
SPY 05/27 $302-303 Calls
$302: .02-.91 (+4500%)
$303: .03-1.92 (+6300%)
We had also signaled fresh ideas in some other options chains yesterday, and thanks in part to a big day for the markets, we saw some appreciable gains there as well, which were as follows:
GSX 06/19 $30-35 Calls
$30: 2.98-4.90 (+64%)
$35: 1.00-1.93 (+93%)
STNE Weekly $31-32 Calls
$31: 1.19-3.60 (+203%)
$32: .80-2.70 (+238%)
More Fresh Ideas:
WDAY Weekly $172.50-177.50 Calls
HPQ Weekly $17-16 Puts
OZSC, INQD, BBRW, KNOS, ITOX, TTCM, BGFV