SPY Short Proves Tactful:
With the markets looking like they were headed in the wrong direction yesterday morning, we targeted the SPY with a bearish set of options contracts that we slated for observation.
Those targets were the SPY 11/10 $467-465 Puts, and were spot-on in our choice to go for a short on the day. The intraday movement and total possible profits from those ideas were eye-opening, with two out of our three designated plays ripping off gains of more than a thousand percent!
SPY 11/10 $467-465 Puts
$467: .55-4.95 (+800%)
$466: .28-3.90 (+1293%)
$465: .13-3.00 (+2207%)
Fresh Options Ideas:
MQ 11/19 $27.50-30 Calls
WB Weekly $46-48 Calls
AFRM Weekly $162.50-170 Calls
Susglobal Energy Corp. (OTCQB:SNRG) – Update:
We’re circling back around today to provide another update on SNRG, the waste-to-energy company upon which we focused a special report on Monday morning. (>>Read SNRG Report)
We considered SNRG to be at a good spot on the chart, and after just three sessions, it has certainly shown us to be accurate in our assessment. From the low that it registered on Monday, it ran to a high of of .299 yesterday which marks an increase of 53%, and that came on 462,400 shares traded, which comes in at more than twice the 30-day average volume (146,719) in the stock.
Be sure to check out our focus report on SNRG when you get a chance, and stay tuned to our daily reports for further updates as they become available.
Trans Global Group, Inc. TGGI – Update:
We also have a brief update on TGGI, an stock we’ve been tracking for quite some time. Our first of many mentions came three months ago on August 12th, after which time we observed a low of .003 in the stock. This week, TGGI traded as high as .0284. That’s an incredible rise of 847%
PPSI, RWLK, CGEN, SOFI, RIDE, OZSC, SMURF, NNAX, CRYO