Solid Options Plays, Fresh Targets

More Options Review:

Yesterday turned out to be a very fruitful session for us, with three out of the four potential options trading targets we mentioned in our premarket report yielding some good intraday opportunities. No one can win them all, but it’s come to the point where missing on any of our ideas is a relative rarity for us, as any of our regular readers can attest.

Yesterday’s winning items of interest included the BABA Weekly $93-95 Calls, the MKC 04/21 $75-80 Calls, and the PVH 04/21 $80-85 Calls, with the BABA Calls providing the clearest path to big time profits.Here’s the breakdown of yesterday’s activity in these plays:

BABA Weekly $93-95 Calls 
$93: 2.14-7.00 (+227%)
$94: 1.76-6.25 (+255%)
$95: 1.41-5.50 (+290%)
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MKC 04/21 $75-80 Calls
$75: 4.80-8.83 (+84%)
$80: 1.40-4.80 (+243%)
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PVH 04/21 $80-85 Calls
$80: 
5.00-10.19 (+104%)
$85: 2.50-6.40 (+156%)


Fresh Options Ideas:
PAYX 04/21 $115 Calls
LULU Weekly $367.50-372.50 Calls
MU Weekly $59-61 Calls
SPY 03/29 $397-398 Calls*

*Trading options contracts on their day of expiration should not be attempted by inexperienced traders 


Extended Watchlist: 
EPAZ, HMBL, GMZB, PEMIF, CDSG, LOCL, BDRX, LGMX, HLBZ, JFIN

SAPX, LATF & Extended Watchlist

Seven Arts Entertainment, Inc. SAPX

We’ve got to pat ourselves on the back for yet another job well done, this time, in the case of SAPX, a stock that has turned out to be a multi-bag gainer for us over the past ten days.

We first mentioned SAPX back on Thursday the 14th, (Morning, Afternoon), and then again on Friday the 15th. At that time, the stock was trading as low as .0035. Yesterday we saw it hit a high of .0102, which, from the low less than two weeks ago, represents a sizable gain of 192%

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Medical Marijuana plays are still on our radars, although over the past couple of weeks, we’ve had a lot of other stuff that has been holding our attention. As a whole, we are still extremely interested in the sector, as the national conversation on the subject has reached a previously unheard-of level. We ran across a video news report outlining the fact that Ohio, after we’ve seen several other states make the move, may be the next state to follow suit and legalize marijuana for medicinal use.

Latteno Food Corp. LATF

In the case of LATF, we have (yet another) stock that we brought you first, that we are now seeing picked up and mentioned in newsletters by other groups. We always like to remind everyone, that if you are looking for the shrewdest picks, way ahead of the crowd; we have been, and will continue to be the best choice available. It was we who brought you the stock at the beginning of February, at prices as low as .023, only for it to turn around and spike sharply to .23, gaining us as much as 900%

Since that time, we’ve seen it settle back down to a low of .035, reached yesterday, so now is the time that we want to start monitoring LATF once again for an upcoming bottom bounce. In fact , we may have stepped back into the fray at just the right time this morning, as we see the company coming with fresh news:

Acquisition Allows Immediate US/Southeast Asia Expansion, Products Rollout and Revenue Building

SANTA ANA, Calif., March 25, 2013 /PRNewswire via COMTEX/ — Latteno Food Corp. (OTC: LATF) announced today that it has acquired California-licensed Green Cannabis Collective Inc. to further expand its medical marijuana edible market.>>MORE

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Extended Watchlist:
SSOL, EPAZ, TVTV, NEWN, CEDC, GSV,

SKTO, EPAZ & Extended Watchlist

SK3 Group, Inc.  SKTO

SKTO has been on our radar for just under two weeks now. Despite being up a couple hundred percent already at that point, we had to put this on our radar the Tuesday before last, and we were duly rewarded for that as the stock continued to run like an absolute beast. In that short period of time, we saw a monstrous run from a low of .0023 all the way up to .0499. That marks an unbelievable chance at up to 2070% in gains in less than two weeks!

Anyone new to this play, despite a fairly good chance that Friday’s momentum could carry this stock even further today, should most likely be waiting for a pullback. After a mega-surge like we’ve seen so far, a course correction is an eventuality for which we must be prepared.

Those of you who were well-positioned after our alerts, may want to consider locking in profits on the way up, which is never a bad idea, especially with a stock that has increased in value twenty-fold at such a rapid pace.

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Epazz, Inc. EPAZ

EPAZ provided us with a couple of chances for profit on Friday following our morning alert. It began by running from .0022-.003, marking a gain of 36% We then saw a dip back to  .0017 before closing strong at .0025 for an added 47% rip. We mentioned that we wanted to see support hold at the 10DMA of .0016, which it did.

Also, take a look at this EPAZ spotlight video, which comes via our sister site, stocktraderstalk.com.

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Extended Watchlist:
PNCH, BMSN, TVTV, ZAZA, MSTX, PLUG, ZBB,