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