India Globalization Capital, Inc. IGC – Update
As we were mentioning yesterday morning, ICG was a near-perfect bottom call we made roughly three weeks ago in our report on September 10th and thereafter we would observe a low of 1.03.
For the past couple of weeks the stock has been on fire, gaining ground by leaps and bounds, and yesterday it recorded yet another huge session. From a daily low of 9.50 the stock ran to a new high of 14.58, for an intraday gain of 53%
From our initially observed low midway through last month, that marks an overall increase of 1316% Cheers to any of our readers who have been in on this mega-runner!
Tesla Inc TSLA – Recap
Yesterday morning we mentioned that our idea from Tuesday morning, the TSLA Weekly $300-310 Calls, most likely stood to gain even more ground based on the stock’s premarket activity.
As it turned out, we were absolutely correct, with each of the five contracts we designated as items of interest extending their highs on the day. Here are the updated figures from Tuesday’s session through yesterday’s closing bell:
$300 Calls – Range: 11.10-18.60 – Max Gain: 68%
$302.50 Calls – Range: 10.00-16.25 – Max Gain: 62%
$305 Calls – Range: 8.65-15.30 – Max Gain: 77%
$307.50 Calls – Range: 7.70-13.45 – Max Gain: 75%
$310 Calls – Range: 6.60-12.00 – Max Gain: 82%
Tesla is gapping up today and looks to be ready to push these contracts deep in the money, so we’ll expect to see these ranges and possible gains extended even further from here.
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Fresh Options Ideas:
Petroleo Brasiliero S.A. (Petrobras) PBR Weekly $13.50 & $14 Calls
Marriot Vacations Worldwide Corp. VAC 11/16 $105-115 Calls
Extended Watchlist:
BRFS, KNDI, INNT, TPX, CRBP, VTGN, TROV