Options Recap, OTC Bottom-Watch Play

Incredible Options Gainers: 

We finished out last week with an absolute bang as we signaled a wide range of options ideas in Friday morning’s report that would churn out opportunities for enormous intraday gains.

The top runners of our day were our targets in the SPY Weekly $379-380 Calls, the AVGO Weekly $445-447.50 Calls and the COST Weekly $320-315 Puts. We had a range of ideas in the GPS chain but the gains didn’t compare with the following huge winners.

Just look at the trading ranges and total possible single-session gains that were on the table with these plays:

SPY Weekly $379-380 Calls
$379:  .24-5.76 (+2300%)
$380: .16-4.77 (+2881%)
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AVGO Weekly $445-447.50 Calls
$445: .45-6.10 (+1256%)
$447.50: .35-3.71 (+960%)
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 COST Weekly $320-315 Puts
$320:
 6.66-13.00 (+95%)
$317.50: 5.85-11.60 (+98%)
$315: 4.14-9.33 (+125%)
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Fresh Options Ideas: 
SPY 03/08 $382-383 Calls (Expires this afternoon!)
XPEV Weekly $28-30 Calls


Clean Coal Technologies, Inc. CCTC

For a little OTCQB action, we want to go ahead and tag CCTC for observation. The stock appears ready to start coming off of being oversold.

It had a nice run toward the beginning of the year, and we’re going to place it on watch for the possibility of similar future activity, with primary resistance at the current 50DMA of .013, and the MACD indicating the possibility of an impending reversal.


Extended Watchlist:
OZSC, INND, DPLS, PHIL, SEGI, CCTL, USMJ, SRMX, WHSI

Blue Horseshoe Stocks: Kicking Off the New Year

Good Morning Traders, and Happy New Year! We hope everyone had a pleasant holiday season, but now that the new year has begun, we also hope everyone’s ready to dive right back in and take 2017 by the horns! We’re looking forward to another year of market action and tracking hot plays whether they be pennies, big boards, options, or whatever! Wherever we see even the slightest chance for a big opportunity we’ll be there, so join us- the 2017 trading year starts now!


Continued Cannabis Sector Surges

We’ve been all over the cannabis space for years, but the scope and intensity of our observation has been decidedly more focused in past weeks and months.  On Sunday, legalized recreational marijuana took effect in California and elsewhere, so you can all expect that the pot sector will be an area of continued interest as the industry as a whole is set to undergo huge growth and change in coming months.

We had a few reminders appear in Friday’s premarket report from among the vast group of pot plays we’ve tracked over an extremely long period at this point. PHOT and VAPE, two old favorites, both followed that up with solid intraday performances to close out 2016.

PHOT posted a nice intraday move from .0167-.0198 (+19%), while VAPE ran from .0122-.0167 (+37%).  We’ll continue to track these and other cannabis stocks, including but not limited to: MCOA, HEMP, MCIG, GRNH, TRTC, MYDX, MYHI, CHIT


More Updates:

Oceanic Research & Recovery Inc. ORRV – We began mentioning ORRV on Wednesday, and subsequently would witness a low of .0005. Friday the stock posted a huge finish to the year, running up to a new high of .00271. That marked a three-session swing of 442%  We’re going to be keeping an eye peeled for the possibility of continued momentum.

ERF Wireless, Inc. ERFB – Our first tag of ERFB came three Friday’s ago, at which time we would observe a low of .0013. It too broke out to new high on Friday, reaching .02. From our initial low that works out to an overall increase of 54% More gains could be on the horizon in this case as well, so we’ll be watching.


 Vanguard Natural Resources, Inc. VNR

We also want to put VNR on our radars as we kick things off on this short week. We’ve included a snapshot below and as you can see, a triple-bottom formation is currently in effect. We are going to be watching for a reversal, which, if the last couple of cycles are any indicator, could lead to a pretty significant PPS increase.


ProShares Short VIX Short-Term Futures SVXY

With the markets as a whole appearing to want to open up 2017 on a high note, we’re going to signal a range of bullish options calls for the SVXY ETF. We’ll be monitoring the SVXY Weekly $93.50-95.50 Calls.


Extended Watchlist:
PHIL, HIRU, CREX, NNUP, SPEC