Big Time SPY Gains & More

Incredible Options Run Continues 

Our options ideas routinely perform positively just as fast as we can formulate them, and the targets we selected for yesterday morning’s premarket report were no exception.

In addition to seeing new high in the SPY Calls we had signaled on Tuesday, and the updates SPY Calls we posted fresh for yesterday also logged some serious intraday multibag runs. We also had some CVS Calls that fared pretty well.

Here are the updated figures and new ranges that gave ourselves and our readers access to the following gains:  

SPY 11/04 $332-334 Calls  
$332: 5.46-15.79 (+189%)
$333: 4.86-14.79 (+204%)
$334: 4.32-13.84 (+220%)

SPY Weekly $340-342.50 Calls 
$340: 4.08-9.12 (+124%)
$341: 3.53-8.73(+147%)
$342: 2.92-7.50 (+157%)
$342.50: 2.80-7.00 (+150%)
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CVS Weekly $59.50-61 Calls
$59.50: 1.84-2.88 (+57%)
$60: 1.40-2.52 (+80%)
$60.50: 1.27-2.15 (+69%)
$61: 1.03-1.83 (+78%)


Fresh Options Ideas:
QCOM Weekly $140-145 Calls
AAPL Weekly $115-118 Calls


Extended Watchlist:
OPTI (>>News), PACDQ, SAGD, FRCN, RLTR 

MJNA, HEMP, CGUD, CGRA & Extended Watchlist

Medical Marijuana, Inc. MJNA

Yesterday we saw MJNA hit a high of .143. The low since we first alerted this play was .032, marking whopping gains of well over 300% Following last Tuesday’s re-alert on the stock, it is up nearly 100%

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Hemp, Inc. HEMP

HEMP was as low as .027 on last Tuesday. This week we saw the stock touch .09 twice, 233% above last week’s low. That makes two of these medical marijuana plays from last week’s special report that have performed extremely well for us.

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Com-Guard.com, Inc. CGUD

CGUD started to heat up yesterday, hitting .004, after having been as low as .0017 on Friday, Oct. 19th. That marks a gain of 135%, and just adds to the amount of huge successes that we’ve brought forth over the past few weeks.

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CGrowth Capital, Inc. CGRA

We are adding CGRA to our long-term watchlist, while recognizing its short-term benefits as well.

We wanted to highlight the news on CGRA, both yesterday’s business update, and today’s PR which is pretty exciting:

SILVERDALE, Wash., Oct. 26, 2012 /PRNewswire/ — CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson and Noble Mining, Inc. have joined the Company as a corporate advisor and investor.

The Company recently announced its transition into the mining and precious metals industry.  The addition of Noble Mining, and the insight and contacts of Noble Mining’s Jason Otteson, is a big step forward in growing the business and executing on its business plan.

Jason Otteson, who has been featured on Discovery Channel’s hit show Gold Rush for two seasons is the founder of Noble Mining, Inc.  The 3rd Season of Gold Rush airs on Friday, October, 26th at 7:00 CST.  Discovery’s Gold Rush is one of the top shows on TV. >> FULL STORY

CGrowth Capital, Inc. Releases Business Update

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Extended Watchlist:
STLK, CBIS, RFMK, FRCN

PPHM, GLRP, WAFR & Extended Watchlist

Peregrine Pharmaceuticals, Inc. PPHM

After the big sell-off and gap-down early this week, PPHM has provided us with some nice intraday swings, showing high volatility. Over the course of the week, it has traded in a range between .80 and 1.94, for a difference of over 140% There have also been several chances in the meantime to rake in even more percentage gains. It is for this reason, we feel we must continue to talk about this stock; It has presented us with one opportunity after another.

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Glen Rose Petroleum Corp. GLRP

As much as everyone loves the 50-100% or better gains, 15-20% gains are nothing to sneeze at, and certainly do add up. So far, GLRP looks like it is going to be a nice play, with a range yesterday of .07-.087 (+24%). It closed at the .087 high-of-day, which is often a good sign of further gains to come. A good first day of coverage for us, and we are eager to see how this one plays out over a longer period.

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COREwafer Industries, Inc. WAFR

WAFR appeared in last Friday’s Extended Watchlist, and after trading as low as .035 on Monday, reached .0595 (yesterday’s closing price). It maintained higher lows and higher highs since the beginning of the week. We had noticed this play coming off of its bottom last week, and after a 70% gain, are still under the impression that the uptrend could continue.

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Extended Watchlist:

FRCN, EGCT, OCLS, GOK, MPET, ROYL, ACHN,