At the risk of starting to sound like a broken record, anyone who was into the AAPL Calls that we were monitoring last week would have had a smile on their faces on Friday.
AAPL pushed its way up to highs over $644, which sent all the contracts that we were looking at into a frenzy; there were so many big gains, we won’t bore you with all of the individual figures, let’s just say that saavy traders could have managed to come away with gains on the order of several hundred percent.
Adding that performance to all of the progress in prior sessions, and AAPL easily qualifies as our biggest potential money-maker over the past few weeks.
Apple’s annual Worldwide Developers Conference begins today, and remember, there’s also a forward split coming, so there’s every chance that we have yet to see what AAPL, and more specifically, AAPL options, can really do for us.
Timeline of the Upcoming Split:
The Record Date – June 2, 2014 – determines which shareholders are entitled to receive additional shares due to the split.
The Split Date – June 6, 2014 – shareholders are due split shares after the close of business on this date.
The Ex Date – June 9, 2014 – the date determined by NASDAQ when Apple common shares will trade at the new split-adjusted price.
Orofino Gold Corp. ORFG
Our other interest from Friday also made some progress; ORFG registered higher lows and higher highs for the third consecutive day. We picked up on this play Thursday, and would observe a low of .0175 at that time. On Friday the stock pushed as high .0255, which marked a nice 46% move over the span of just two sessions.
The chart is still looking pretty ripe, as we’ve pointed out below. If ORFG can break through the channel of resistance in the .026 to .03, we could be looking at even bigger gains, so we’ll be staying tuned.
Extended Watchlist:
ARIA, HCT, IMUC, NEWL, NQ, INO, DARA(Still on Bottom Watch)