ULTA Options Review, OTC Runner & More

Winning Options Recap: 

On Friday morning, we were marveling at the performance of all of the excellent options ideas we floated to our readers last week, with nearly every signal we made yielding chances for sizable quick-strike gains.

We ended the week with two final options target suggestions, and unsurprisingly, we hit on both of those as well. Our interests were the ULTA Weekly $335-345 Calls, and the CRM Weekly $232.50-237.50 Calls. ULTA was the favorite by a nose, but they both produced significant chances for intraday profit.

Here are the figures on the ranges and total possible gains on the table for those plays: 

ULTA Weekly $335-345 Calls
$335: 8.69-15.70 (+81%)
$337.50: 7.77-14.40 (+85%)
$340: 5.33-12.90 (+142%)
$342.50: 4.10-9.65 (+135%)
$345: 2.93-8.05 (+175%)
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CRM Weekly $232.50-237.50 Calls

$232.50: 6.28-9.82 (+53%)
$235: 4.00-7.50 (+87%)
$237.50: 2.24-5.07 (+126%)


Fresh Options Ideas:

This morning we are going to signal a longer-term set of calls for NGM, which is searching for a bottom at the present time. When the inevitable rebound occurs, there is a massive $10 gap on the chart to the upside which could pave the way for a nice rebound play in the NGM 07/16 $15-17.50 Calls.

We’ll also watch the CAN 06/18 $7.50-10.00 Calls, the KIRK 06/18 $25-27.50 Calls, and the CLDR Weekly $15-16 Calls on the heels of the three companies’ earnings drops this morning.
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Bonus Idea:
BABA Weekly $222.50-227.50 Calls


Good Gaming, Inc. GMER – One more brief note on another winning play for us- we signaled GMER in Friday’s extended watchlist and subsequently witnessed a pretty good performance from the stock. It traded in a range from .0461-.174, providing chances at huge gains of up to 277% on the day!


Extended Watchlist:
AMC, VTNR, CLDR, OEG, NWGC, SBFM, GRLT, WSGF, AVVH, RITE

Blue Horseshoe Stocks: Momentum Play, Options & More

Shark Reach, Inc. SHRK

We’re going to be tagging SHRK for observation as a momentum mover this morning after noticing the huge activity in the stock yesterday. It came in conjunction with an article that Forbes ran about the company and its “influencer marketing” strategies. (>>View Article).

Many of our readers will have been aware of the marketing campaign that accompanied the theatrical release of the movie Straight Outta Compton, which was orchestrated by SharkReach. They promised Universal Pictures 7 million impressions and delivered more than 130 million, thanks in large part to the graphical memes that gained viral popularity for a period of months leading up to and following the film’s debut.

The rapid growth into a major player in less than three years of business definitely puts the company on our radar long term, but for the time being, there may be some short-term advantage to press with SHRK. We’ll look for profit-takers to surface after the stock’s rapid and meteoric rise, and be ready for a classic dip-and-rip scenario.


Facebook, Inc. FB – Options Ideas

With regard to a fresh options trading idea, we’re going to be watching Facebook for a possible move to the short side. The stock recently made a run that proved unsustainable, and the chart is looking rather toppy at the moment with a significant gap to fill to the low side.

For potential daytrading and intraweek swing-trade ideas we will be monitoring the Feb 5th $113-110 Puts. For a longer-term idea, assuming more hardship lay ahead for the stock, we’ll want to keep an eye on Feb 19th $109-105 Puts.


Extended Watchlist:
VLTC, VPLM, VTNR, DNR, CNAT, SRCO, ROYL, PSID

Blue Horseshoe Stocks: UTRM, MLCG, ROTH & More

United Treatment Centers, Inc. UTRM

Another pick, another great day of gains! UTRM became the latest new cannabis-related stock to make its mark. We were on top of it, placing it on high alert in yesterday morning’s report and reaping profits on the way up, employing the tried-and-true strategy of selling into strength.

It really was quite a session; extremely high liquidity (traded more than 642 million shares) allowed many to profit, as UTRM roared up from .0085 to hit a high of day at .0146 (a gain of 72%), just before closing two ticks below at .0144.

This onslaught of activity is going to have us paying attention to UTRM for quite some time. It’s possible that the company could produce a PR this week regarding the official launch of its new website on Thursday.

It’s also worth mentioning that UTRM is currently receiving a 100% “Buy Rating” on BARCHART.COM.


ML Capital Group, Inc. MLCG

MLCG continued to be one of our most productive recent points of interest yesterday. If you recall, we caught this play at the beginning of this month, and have seen a low of .04 as recently as the 12th which was followed by double-bag gains.

Yesterday, the stock posted another bang-up session, running 85% from a low of .10 all the way up to .185 on substantial volume.

From its recent low following our initial alert, MLCG has now risen as much 363% in just under two trading weeks.


PharmaRoth Labs, Inc. ROTH

ROTH is a momentum play that we’ve been keeping our eye on over the past few days. Currently the chart is exhibiting the telltale signs of a bullish trend, as you can see below. The RSI has punched into the power zone for  the third time this month, there has been a recent golden cross, and the MACD is diverging.

We’ll be watching for a possible continuation of the recent trends this mid-week.  Like UTRM, BARCHART.COM is also giving ROTH a 100% “Buy Rating” at the moment.


Petroleo Brasiliero SA Petrobras (PBR)- Options

After the $11 PBR Calls made a nice triple-digit move for us on Friday, we continue to take advantage of the stock’s recovery. The 05/02 $12 Calls, also mentioned Friday, that we re-tagged in yesterday’s report are now up considerably, and could be on the way to making similar gains.


Extended Watchlist:
BGMD (News Out), VTNR, RGSE, ARIA, EXEL