Another Huge Session of Gainers & More

Hot Options Review:

We tracked down some solid plays for yesterday morning’s premarket report, offering up our take on some potential targets we found interesting in the BBBY and STZ chains. Both companies showed heightened activity following their earnings releases, and were also pushed along by some decent intraday market momentum.

Our specific targets issued were the  BBBY Weekly $29.50-31 Calls and the STZ Weekly $230-232.50 Calls, and they provided for the following single-session gain opportunities:

BBBY Weekly $29.50-31 Calls
$29.50:
 2.06-9.70 (+371%)
$30: 1.26-9.25 (+674%)
$31: .74-8.29 (+1020%)
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STZ Weekly $230-232.50 Calls 
$230: 5.50-8.60 (+62%)
$232.50: 3.19-6.05 (+90%)
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In Monday morning’s report we gave a couple sets of ideas in the CCIV options chain, and what we came up with was the CCIV Weekly $26 Calls and the CCIV 07/23 $27.50-28 Calls. Both the short and extended term contracts popped this week, giving us the chance to log sizable gains on these strong moves:

CCIV Weekly $26 Calls
$26:
 .50-3.05 (+510%)
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CCIV 07/23 $27.50-28 Calls
$27.50: 1.49-3.90 (+162%)
$28: 1.35-3.30 (+144%)


Western Sierra Resource Corp. WSRC – Recap:

We also would like to post a quick update on a stock we tagged and began tracking at the end of last week in our report on June 25th.

Subsequent to that alert, we have observed a run in WSRC from a low of  .2045 up to a new high of .492. That works out to an increase of 141%, while volume significantly exceeded the 30-day moving average in each session over that span.


Earnings Related Options Ideas:
WBA Weekly $52-53.50 Calls
MU Weekly $82.50-83.50 Calls 


Extended Watchlist:
ATHE, WNW, BGI, BLIN, CPOP, MEDS, CZNI, RNVA, JPEX, GCAN, TXTM, KATX, SDVI

Strong Trading Week Draws to a Close

More OTC Updates:  

Rennova Health Inc.RNVA – We have been tracking RNVA heavily since last week, at which time the stock was trading in the super-subpenny range. Shares were changing hands for as little as .0007, before the stock picked up steam this week, breaking into the subpenny level and running to a high of .0017. That works out to an upswing of 143% and continues a burgeoning trend of hot OTC plays that we’ve been experiencing in recent weeks.

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FBC Holding Inc. FBCD – Another OTC stock that we were following throughout the month of April has been FBCD. Subsequent to our tag on the 8th, it had consolidated to a low of .0037, and yesterday fell just shy of cracking into Pennyland with a new high of .0097. That works out to a 162% move.


Yesterday’s Options Plays:

Our fresh options watchlist for yesterday’s session consisted of three selections. The PYPL Weekly $255-260 Calls, the BUD Weekly $73-74 Calls, and the LIN 05/21 $290-300 Calls. We went three-for-three on those ideas, with the PYPL Calls standing out as the biggest winners on the day.

PYPL Weekly $255-260 Calls
$255: 
.64-2.65 (+314%)
$257.50: .38-1.64 (+331%)
$260: .23-1.01 (+349%)

Based on this morning’s premarket activity, there seems to be a good chance that we will see further advances in these PYPL targets to close out the week.
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BUD Weekly $73-74 Calls
$73: 1.25-2.00 (+60%)
$73.50: 1.17-1.70 (+45%)
$74: .72-1.97 (+174%)
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LIN 05/21 $290-300 Calls
$290:  6.24-7.90 (+27%)
$300: 2.10-3.10 (+48%)


Fresh Options Ideas*:
DKNG Weekly $52-54 Calls
ROKU Weekly $307.50-315 Calls
SQ Weekly $227.50-235 Calls 

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
GBHL, VXIT, ELRA, NWGC, KRFG, MNGG, PRMO, SPZI, RGLG, SEEK

Interesting RETC Development & More

Dewmar International BMC, Inc. DEWM 

We have been seeing a lot of OTC runners cropping up recently, with another hot play coming off of our extended watchlist yet again in yesterday’s report.

The stock traded nearly a billion and a half shares as it ran from a daily low of .0012 up as high as .0035. That represented an intraday rip of 192% and with that kind of spike in volume and volatility, we’ll certainly want to maintain a close watch over this breakout play.
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12 Retech Corp. RETC – New Update 

As we were mentioning yesterday morning, RETC is another big OTC runner that we’ve seen make moves of over 500% since 04/21.

Yesterday, per the following post on his Twitter page, George Sharp was awarded custodianship of the company. He has a reputation for exposing fraud and working with legitimate companies, and thus it may have intriguing ramifications for the direction and status of RETC moving forward.

The stock is gapping up to new highs this morning as well, so things continue to be quite interesting with RETC, and should remain so in the days and weeks ahead.


T-Mobile US, Inc. TMUS – Options Recap

The standout options idea from yesterday morning’s premarket report was our target in the T-Mobile chain, the TMUS Weekly $129-131 Calls. 

Following its report of strong Q1 earnings and guidance, not to mention a heavy influx of new subscribers, the stock tested new highs, and provided the following considerable gain opportunities on the day:

TMUS Weekly $129-131 Calls 
$129 : 2.91-5.86 (+101%)
$130 : 1.92-5.32 (+177%)
$131 : 1.64-3.90 (+137%)
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Fresh Options Ideas:
PYPL Weekly $255-260 Calls
BUD Weekly $73-74 Calls
LIN 05/21 $290-300 Calls 


Extended Watchlist:
RNVA, BLDV, DSCR, FBCD, PJET, MSRT, ELRA, ALF, MITO, IFBD, AMS