LinkedIn Corp. LNKD
If you recall, LNKD was gapping up heavily on an earning beat in the premarket on Friday, leading us to signal a range of options that we felt would provide ample daytrading opportunities early on; specifically, the Weekly $235-245 Calls.
The ensuing action made extremely notable gains possible right out of the gate, as each and every set of contracts within our target range recorded an appreciable intraday pop:
$235 Calls – Range: 3.50-11.00 – Max Gain: 214%
$237.50 Calls - Range: 2.10-8.56 – Max Gain: 307%
$240 Calls - Range: 1.34-6.35 – Max Gain: 374%
$242.50 Calls - Range: .90-4.20 – Max Gain: 367%
$245 Calls - Range: .42-2.76 – Max Gain: 557%
Our acumen with regard to selecting extreme potential options plays has been continuously improving, and has been a great way for us to add diversity to the methods by which we profit from current trends we see happening in the marketplace.
Urban Barns Foods, Inc. URBF
URBF was a great call for us on the stock side of things on Friday. We tagged this play for observation in our premarket report and were happy with the results.
After logging a low of .0027 right at the outset of the session, the stock spent the entire day pushing its upper limits en route to closing at the high-of-day (.0062). That represented an excellent intraday run of 130%, and it occurred on nearly six times the 3-month average trading volume.
We’ll certainly be keen to continue tracking a stock that closed with that type of momentum.
Viper Networks, Inc. VPER
VPER was another inclusion in Friday’s watchlist, and this super-subpenny showed some real signs of life after hitting rock-bottom at .0001 just a session earlier. The stock traded from a daily low of .0002 to .0004; a clean double-bagger. The move came in conjunction with the trading of just under seven times the 30-day average volume.
Applied DNA Sciences, Inc. APDN
Speaking of bottom-plays, we did a great job of catching APDN on Friday just as the stock was coming off of its lowest PPS since August. We observed a daily range from 3.28-3.82, which marked a 16% swing. After pulling back slightly into the close, APDN is gapping back up into the 3.70′s this morning. We’re going to be monitoring the stock for continued signs of a recovery as we begin a new week.
COBI, HEMP, HCTI, WSGP, WSTI, BRFH