Tag: PJET

GVSI Breakout, Options & More

Snap, Inc. SNAP – Options Review:

We formulated some options ideas for the SNAP chain in Friday morning’s premarket report. With the help of a solid market push as well as the company’s 1Q earnings beat, we saw some really nice gain opportunities there toward the end of the session to close out the week in a big way.

We were tracking the SNAP Weekly $59.50-61 Calls which recorded the following intraday MEGA-moves for us on the day:

SNAP Weekly $59.50-61 Calls
$59.50: .12-2.20 (+1733%)
$60: .08-1.81 (+2162%)
$60.50 : .05-1.16 (+2220%)
$61 : .03-.79 (+2533%)
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Post-Earnings Options Ideas: 
PFPT 05/21 $170-175 Calls
OTIS 05/21 $70-75 Calls 

Good Vibrations Shoes, Inc. GVSI – Update:

We initially flagged GVSI last Tuesday morning, and on that day the stock was trading for as little as .0036. Volume was high throughout the week and the stock began to run. It hasn’t looked back, as it persisted through subpenny territory and well into Pennyland.

GVSI not only passed a penny, but nearly made it to two on Friday, hitting a new high of .019. That worked out to a four-day upswing of 428% over our observed low! We are also seeing premarket trades over two cents this morning, so the momentum seems to be spilling over into this new trading week.
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FBC Holding Inc. FBCD – Speaking of subpenny plays on recent runs. We re-tagged FBCD on Friday, after it initially caught our eye earlier in the month. From a low of .0037, the stock hit .0082, which made for an increase of 122%

Extended Watchlist:
MMEDF, GGII, ABML, PJET, HESG, MMEX, EEGI, SNPW, RETC, SRMX

KSU, IBM Options & More

SPDR S&P 500 (ETF) SPY –  Recap:

Our offering of fresh options plays for the day yesterday was simply limited to the SPY. The markets were signaling an incoming dip-and-rip scenario that created shaky ground for some of the earnings reporters, but that volatility did provide the impetus for some very nice intraday moves in our tracked calls.

Those ideas were the SPY Weekly $415-416 Calls and here were the considerable moves that were recorded throughout the day:

SPY Weekly $415-416 Calls
$415: .09-.43 (+378%)
$416: .28-.57 (+104%)
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Fresh Options Ideas:
KSU Weekly $285-295 Calls
IBM Weekly $134-136 Calls

American Diversified Holdings Corp. ADHC:

Just yesterday morning, we were highlighting the excellent performance of  ADHC, which has made an considerable move since we flagged it on April 1st. We witnessed a .005 low subsequent to that report.

Yesterday after our followup, we saw ADHC trade in a daily range from .0166 to a new high of  .0314. That represents a daily pop of 89%, and an overall increase of 528% in April alone!

Extended Watchlist:
ENZC, AITX, GVSI, PJET, SEEK, SBFM

Blue Horseshoe Stocks: OWCP’s Epic Run Persists & More

OWC Pharmaceutical Research Corp. OWCP

At this point, over a week since we first alerted on OWCP, we’re beginning to run out of superlatives to describe the uptrend that has now persisted over the span of an entire trading week. It’s increased by leaps and bounds each day, and yesterday produced one of the biggest intraday rips yet.

From its morning low of .035, the stock pushed its way to a new high of .073 for a solid double-bagger (+109%) on the day, and an absolutely massive rise of 1522% over our observed low from last Thursday.

Just as we stated in yesterday morning’s report, we want to keep our heads on a swivel concerning OWCP moving forward. When this monstrous breakout finally does end, opportunities for a subsequent dip-and-rip may present themselves, and at that point we’ll be ready to strike once again.

Ruby Tuesday, Inc. RT

We haven’t talked about Ruby Tuesday’s in our reports for nearly two years, but we see good cause to take a moment to revisit it today. Instances in which we see clear-cut short to moderate-term opportunities in both a stock and its associated options chain are rare indeed, but it appears we have just that with RT.

As you can see on the snapshot below, it just set a new 52-week low yesterday, but there was a notable recovery before market close wherein the stock recouped more than half of its daily losses. It makes RT a prime bottom-bounce candidate, and our other favorite indicators, the RSI and the MACD are both strongly suggesting that a more sustained rebound could be in the cards.



Additionally, we’re going to keep an eye on the RT 11/18 $2.50 Calls for a possible short to mid-term options trading opportunity if the recovery in RT plays out as we suspect it might.

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Added Note: We also placed the DIS 11/11 $94-96 Calls on extended watch yesterday and the stock did begin to make the move up we were banking on there, so we’ll continue to track those closely as well.

Extended Watchlist:
AGTK, APYP, HNR, RGSE, PJET