Bears and Bulls on the Run

Diverse Options Picks Produce: 

In yesterday morning’s premarket report, we took an interest in options ideas both bearish and bullish. Things looked choppy for the markets in general, so we took a shot with the SPY 05/12 $415-413 Puts, which produced considerable multibag runs roughly 90 minutes into the session.

We also called attention to the RBLX Weekly $63-64 Calls on the heels of the company’s earnings report, which dropped with a beat on revenue and solid user growth figures. That created the opportunity for the intraday move posted in those contracts.

The total possible daily profits that could have been seized with those ideas were as follows:

SPY 05/12 $415-413 Puts
$415: 1.99-5.77 (+190%)
$414: 1.66-4.98 (+200%)
$413: 1.33-4.29 (+223%)
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RBLX Weekly $63-64 Calls
$63: 3.70-12.42 (+236%)
$63.50: 3.55-12.50 (+252%)
$64: 2.21-13.70 (+544%)



Fresh Options Ideas:
UPST 05/21 $110-120 Calls
OPEN 05/21 $17.50 Calls
U 05/21 $85-90 Calls 


Thai Airways International Public Co. Ltd. TAWNF – OTC Recap:

Yesterday, TAWNF demonstrated the importance of laying out our daily extended watchlists on your own viewscreens. There is almost always a clear standout, and we have been uncovering quite a few prime OTC plays in this manner.

The stock identified itself as the best of the bunch yesterday with a run up from its session low of  .105 and hit .329. That marked an intraday rip of 213% on the highest daily volume ever recorded in the stock.


Extended Watchlist:
EEGI, FBCD, NSPT, QNTA, AZFL, PLPL, ICNM, SDVI

Strong Trading Week Draws to a Close

More OTC Updates:  

Rennova Health Inc.RNVA – We have been tracking RNVA heavily since last week, at which time the stock was trading in the super-subpenny range. Shares were changing hands for as little as .0007, before the stock picked up steam this week, breaking into the subpenny level and running to a high of .0017. That works out to an upswing of 143% and continues a burgeoning trend of hot OTC plays that we’ve been experiencing in recent weeks.

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FBC Holding Inc. FBCD – Another OTC stock that we were following throughout the month of April has been FBCD. Subsequent to our tag on the 8th, it had consolidated to a low of .0037, and yesterday fell just shy of cracking into Pennyland with a new high of .0097. That works out to a 162% move.


Yesterday’s Options Plays:

Our fresh options watchlist for yesterday’s session consisted of three selections. The PYPL Weekly $255-260 Calls, the BUD Weekly $73-74 Calls, and the LIN 05/21 $290-300 Calls. We went three-for-three on those ideas, with the PYPL Calls standing out as the biggest winners on the day.

PYPL Weekly $255-260 Calls
$255: 
.64-2.65 (+314%)
$257.50: .38-1.64 (+331%)
$260: .23-1.01 (+349%)

Based on this morning’s premarket activity, there seems to be a good chance that we will see further advances in these PYPL targets to close out the week.
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BUD Weekly $73-74 Calls
$73: 1.25-2.00 (+60%)
$73.50: 1.17-1.70 (+45%)
$74: .72-1.97 (+174%)
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LIN 05/21 $290-300 Calls
$290:  6.24-7.90 (+27%)
$300: 2.10-3.10 (+48%)


Fresh Options Ideas*:
DKNG Weekly $52-54 Calls
ROKU Weekly $307.50-315 Calls
SQ Weekly $227.50-235 Calls 

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
GBHL, VXIT, ELRA, NWGC, KRFG, MNGG, PRMO, SPZI, RGLG, SEEK

Interesting RETC Development & More

Dewmar International BMC, Inc. DEWM 

We have been seeing a lot of OTC runners cropping up recently, with another hot play coming off of our extended watchlist yet again in yesterday’s report.

The stock traded nearly a billion and a half shares as it ran from a daily low of .0012 up as high as .0035. That represented an intraday rip of 192% and with that kind of spike in volume and volatility, we’ll certainly want to maintain a close watch over this breakout play.
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12 Retech Corp. RETC – New Update 

As we were mentioning yesterday morning, RETC is another big OTC runner that we’ve seen make moves of over 500% since 04/21.

Yesterday, per the following post on his Twitter page, George Sharp was awarded custodianship of the company. He has a reputation for exposing fraud and working with legitimate companies, and thus it may have intriguing ramifications for the direction and status of RETC moving forward.

The stock is gapping up to new highs this morning as well, so things continue to be quite interesting with RETC, and should remain so in the days and weeks ahead.


T-Mobile US, Inc. TMUS – Options Recap

The standout options idea from yesterday morning’s premarket report was our target in the T-Mobile chain, the TMUS Weekly $129-131 Calls. 

Following its report of strong Q1 earnings and guidance, not to mention a heavy influx of new subscribers, the stock tested new highs, and provided the following considerable gain opportunities on the day:

TMUS Weekly $129-131 Calls 
$129 : 2.91-5.86 (+101%)
$130 : 1.92-5.32 (+177%)
$131 : 1.64-3.90 (+137%)
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Fresh Options Ideas:
PYPL Weekly $255-260 Calls
BUD Weekly $73-74 Calls
LIN 05/21 $290-300 Calls 


Extended Watchlist:
RNVA, BLDV, DSCR, FBCD, PJET, MSRT, ELRA, ALF, MITO, IFBD, AMS

GVSI Breakout, Options & More

Snap, Inc. SNAP – Options Review:

We formulated some options ideas for the SNAP chain in Friday morning’s premarket report. With the help of a solid market push as well as the company’s 1Q earnings beat, we saw some really nice gain opportunities there toward the end of the session to close out the week in a big way.

We were tracking the SNAP Weekly $59.50-61 Calls which recorded the following intraday MEGA-moves for us on the day:

SNAP Weekly $59.50-61 Calls
$59.50: .12-2.20 (+1733%)
$60: .08-1.81 (+2162%)
$60.50 : .05-1.16 (+2220%)
$61 : .03-.79 (+2533%)
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Post-Earnings Options Ideas: 

PFPT 05/21 $170-175 Calls
OTIS 05/21 $70-75 Calls 


Good Vibrations Shoes, Inc. GVSI – Update:

We initially flagged GVSI last Tuesday morning, and on that day the stock was trading for as little as .0036. Volume was high throughout the week and the stock began to run. It hasn’t looked back, as it persisted through subpenny territory and well into Pennyland.

GVSI not only passed a penny, but nearly made it to two on Friday, hitting a new high of .019. That worked out to a four-day upswing of 428% over our observed low! We are also seeing premarket trades over two cents this morning, so the momentum seems to be spilling over into this new trading week.
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FBC Holding Inc. FBCD – Speaking of subpenny plays on recent runs. We re-tagged FBCD on Friday, after it initially caught our eye earlier in the month. From a low of .0037, the stock hit .0082, which made for an increase of 122%


Extended Watchlist:
MMEDF, GGII, ABML, PJET, HESG, MMEX, EEGI, SNPW, RETC, SRMX

Another Big Trading Week on the Books

Boeing, Equifax, Netflix Updates:

We had some big name earnings reporters toward the end of this week, and we’ve taken full advantage. On Wednesday, we signaled some successful weekly NFLX calls which once again put forth a solid intraday performance, and yesterday’s fresh ideas in the BA and EFX chains also worked out quite nicely on the day.

Our actual targets were the BA Weekly $235-237.50 Calls, the EFX 05/21 $210-220 Calls, and the NFLX Weekly $495-505 Calls, and here were the ranges and total possible gains we observed during yesterday’s session:

BA Weekly $235-237.50 Calls
$235 :
 2.75-5.00 (+81%)
$237.50 : 1.42-3.05 (+115%)
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EFX 05/21 $210-220 Calls
$210 : 10.16-17.20 (+69%)
$220 : 3.40-11.40 (+235%)
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NFLX Weekly $495-505 Calls
$495: 7.40-14.45 (+95%)
$497.50: 5.75-10.30 (+79%)
$500 : 4.00-10.00 (+150%)
$502.50 : 2.90-8.00 (+176%)
$505 : 1.90-6.03 (+217%)
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Fresh Options Ideas:
SNAP Weekly $59.50-61 Calls*
AXP Weekly $143-140 Puts*
SCR 05/21 $17.50-20 Calls

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds.


Blue Sphere Corp. BLSP

 Once again we’re providing an update on BLSP, which we signaled in Wednesday’s report just prior to the stock making a 114% run from .0028 to .006. After recapping those numbers in yesterday’s report, we saw yet another excellent intraday exhibition from BLSP.

From a low of .0055, the stock pushed to a high of .0093, which represents an upswing of 76% on the day, and a two-day increase of 232% over our observed low on Wednesday. That high fell just one tick shy of the present 50DMA at .0094. Should it manage to breach that level, things could get even more interesting for BLSP, which was trading north of two cents as recently as February.


Extended Watchlist:
OZSC, GGII, PVDG, INVU, ABML, MINE, ADHC, TGRO, BMIX, ENMI, FBCD, RNVA

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