Weight Watchers International, Inc. WTW – Recap
To close out the week on Friday, we left off with a bearish idea on Weight Watchers, and with the help of a another down day for the markets, a couple of the plays we were tracking in the range of the WTW Weekly $58.50-56.50 Puts, did quite well for us even as other ideas fell by the wayside. .
WTW opened just under its daily high of 56.10, and fell all the way back to the $48 range. That allowed for some nice gain opportunities in a pair of our designated targets:
$57.50 Puts – Range: 2.66-9.11 – Max Gain: 242%
$57 Puts – Range: 2.54-9.15 - Max Gain: 260%
Thunder Energies Corp. TNRG
It has been quite awhile since we mentioned any penny stocks in our reports, especially when you consider that those were our primary areas of focus many years ago. Lately we have become mainly focused upon big board stocks and options plays, but every now and again a penny will catch our eye.
Such is the case with TNRG, a stock we’re interested in tracking for a couple reasons. Along with a tight share structure, we’ve also observed a recent, significant rise in volume. The company has also just satisfied the conditions on some Convertible Promissory Notes.
GSAT, JKS, CRMD, GPOR, CRON, IGCC