TSNP Goes Parabolic

Tesoro Enterprises, Inc. TSNP

As we were just mentioning on Friday morning, we have only been tracking TSNP for just over a couple of weeks (October 28th), at which time the stock was trading for as little as .0005. The stock posted multibag intraweek gains last week but was still in the subpenny range.

Thanks to a surprise retirement of over half a billion shares announced Friday, our potential gains on TSNP have gone parabolic. Yesterday’s recorded high was .0315, meaning that our overall observed increase on TSNP over a span of just two and a half weeks, works out to an astonishing 6200%


Fresh Options Ideas: 

We also got a selection of bullish and bearish options ideas based on the earnings calendar and the activity we’re observing in the premarket this morning. 

YY Weekly $102-104 Calls 
BIDU Weekly $145-140 Puts 
HD Weekly $277.50-275 Puts 


Extended Watchlist:
CBDD, TEUM, VCBD, MAPT, HENC

Options Plays, Special Reminder

Options Updates:

We closed out the week on Friday by signaling a couple of options ideas that we would be able to track through to this week. The FTCH 08/21 $28-30 Calls and the VRNA 08/21 $7.50 Calls.

They performed rather solidly right out of the gate on Friday morning, providing instant results. Here are the total possible gains that were achieved:

FTCH 08/21 $28-30 Calls
$28: 1.78-4.00 (+125%)
$29: 1.73-3.20 (+85%)
$30: 1.06-2.50 (+136%)
_____

VRNA 08/21 $7.50 Calls
$7.50: .85-2.60 (+218%)


Options Ideas: 
SPY 08/17 $337-339 Calls
JD Weekly $64-66 Calls



Key Reminder: 

We have a big week of retail earnings slated for later this week, as well as a hot new video-on-demand play that we’ll be introducing, so things should be pretty exciting around here for the next several days.

Be sure to stay tuned for further reports and don’t miss out on a minute of the action!


Extended Watchlist:
TPTW, DKSC, KMPW, BEGI, VCBD