Tag: TMXN

ZVTK Recap, Options Reviews

Zevotek, Inc. ZVTK – Recap

We were just commenting on a hot OTC play we made on another stock yesterday morning, as we included ZVTK in our watchlist. This is a stock that set off an unusual volume alert in the previous session, and it was a sign of things to come.

On big volume, ZVTK ran from a low of .0152 to a high of .0448, which works out to a huge intraday run of 195% This is two consecutive reports in which we’ve illustrated why it’s important to scan through our daily extended watchlists, as we often uncover such hidden gems.

More Options Review

We also did our typical routine yesterday morning, in signaling some fresh options ideas. We highlighted some short term SPY Calls which expire today, as well as weekly targets in the Ferrari chain.

We got some decent opportunities out of those ideas, the total gains of which were as follows: 

SPY 11/04 $332-334 Calls  
$332: 5.46-8.60 (+60%)
$333: 4.86-7.89 (+64%)
$334: 4.32-7.18 (+113%)
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RACE Weekly $187.50-192.50 Calls
$187.50: 8.09-11.02 (+92%)
$190: 4.50-8.85 (+110%)
$192.50: 4.73-7.30 (+123%)

Fresh Ideas:
SPY Weekly $340-342.50 Calls
CVS Weekly $59.50-61 Calls 

Extended Watchlist:
NWBO, TMXN, OWCP, CRTL, DGTW

FDX, STZ Recaps & More

Options Recaps 

Most of our luck with the options calls we made this week was good, with very few exceptions. We’re going to wrap up this short trading week by highlighted both of the fresh sets of ideas we formulated in yesterday morning’s premarket report.

We had signaled interest in the FDX 07/02 $149-155 Calls as well as the STZ 07/02 $175-180 Calls and in both cases we saw some really nice intraday movement:

FDX 07/02 $149-155 Calls
$149: 9.93-14.60 (+47%)
$150: 9.21-13.75 (+49%)
$152.50: 7.21-11.27 (+56%)
$155: 5.09-9.35 (+84%)
_____

STZ 07/02 $175-180 Calls
$175: 6.90-16.60 (+141%)
$177.50: 5.89-12.50 (+112%)
$180: 3.20-9.90 (+209%)

Fresh Options Ideas: 

We’ll close the week out with a wide range of ideas to follow, with both near and extended term expirations. For more quick strike opportunities we would first look to earnings play LNN, and to the SPY, with the markets ripping in early trading. For a longer-term track we have AVA and NWN, a couple of bottom-bouncers that are looking technically ripe for more prolonged increases.

LNN 07/17 $95-100 Calls
SPY 07/02 $313-314 Calls
AVA 09/20 $40-45 Calls
NWN 09/20 $ 60-65 Calls 

Extended Watchlist:
WNDW, TMXN, STTH, BYOC, HEME, SPOM