Another Awesome Trading Week

Fantastic Week Closes with a Bang: 

We have been rolling along this week with some really great ideas as usual, with most of everything we’ve highlighted providing some type of trading opportunity. Yesterday morning’s report offered no exception to that trend, with two out our three tracked options plays yielding impressive intraday performances.

Our targets were long on PYPL and short on QCOM, and in both cases, we witnessed multibag intraday runs. The ranges and total possible gains for the day were as follows:

PYPL Weekly $260-267.50 Calls
$260:
 3.80-10.78 (+184%)
$262.50: 2.51-8.35 (+232%)
$265: 1.70-6.10 (+259%)
$267.50: 1.11-4.26 (+284%)
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QCOM Weekly $155-150 Puts
$155:
 4.55-9.72 (+114%)
$152.50: 2.98-7.56 (+154%)
$150: 1.64-5.25 (+220%)
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Fresh Options Ideas*:
PINS Weekly $80-85 Calls
ATVI Weekly $99-102 Calls
PTON Weekly $148-150 Calls 

*Please don’t attempt to trade options with a weekly expiration on a Friday unless you are an advanced level trader with access to disposable funds! 


Alternet Systems, Inc. ALYI

It has been nearly a month that we’ve been pounding the table on ALYI, with the stock appearing in our daily reports five times since January 7th. On that day, it was trading for as little as .0152, and it never looked back.

We’ve seen it tack on added gains for most of the past three-plus weeks, and yesterday it attained a new high of .0871. That marks an overall upswing of 473% in less than a month’s time.


Extended Watchlist:
INOH, SNVP, ATYG, INOH, INND, MJNA, HIPH

Blue Horseshoe Stocks: Super-Subpenny Movers & More

In Ovations Holdings, Inc. INOH

We talked about INOH in Friday’s premarket report, noting that the company had just come current on its filings.

We’ve been tracking a bunch of super-subpenny plays lately, which for one reason or another, have seen heightened activity over the past couple of weeks. We surmised that INOH could be the next link in that chain, and we weren’t disappointed.

The stock traded in a range from .00039 to .0006 on the day, an upswing of 54% on roughly three times the monthly average volume. We’ll want to continue to watch INOH for the recording of higher highs and higher lows as we kick off the trading week.


IDO Security, Inc. IDOI

Speaking of super-subpenny stocks, we put IDOI on our readers’ radars back on March 21st after seeing a pretty sizable uptick in price action and volatility just prior to that.

After a couple of weeks of trading sideways, IDOI once again saw a rush of activity flow into the stock and Friday’s session brought a chance at some very respectable intraday gains.

The stock traded up from .0003, cracking the super-sub/subpenny threshold and reaching a high of .0011 for a daily pop of 267% We’ll also continue to keep an eye on this one to see if it can carry some of that volatility over to this week.


Akari Therapeutics, Plc. AKTX

We tagged AKTX on Thursday, and saw a solid intraday performance as it ran from a low of 13.69 to 18.46, (+35%). We noted this in Friday morning’s report, and mentioned that we wanted to stay on its trail.

What we ended up seeing was a very similar move to the previous session as AKTX came down off of Thursday’s highs and executed a dip-and-rip pattern that caused it to retrace its steps, trading in a range from 13.50 to a new high of 18.80, an intraday move of 39%


Galectin Therapeutics, Inc. GALT

Speaking of new highs, we wanted to comment on GALT, which is a stock that we’ve been tracking pretty regularly since the beginning of this year as you can see with a quick view of the GALT tag on our blog.

Our observed low of .935 came a couple of weeks following our tag of the stock on January 12th, and for the most part, it has been a continual climb since then, reaching a new peak at 2.87 on Friday. It works out as a total move of 207% that we’ve seen from GALT in 2017.


Extended Watchlist:
NAKD, XGTI, SWFT, GERN, CETX,

Blue Horseshoe Stocks: KMX Options Update & More

CarMax, Inc. KMX – Options Idea

We formulated several targets in the KMX options chain yesterday morning in accordance with the solid earnings beat and premarket gap-up we were observing.   We specified some medium and longer-term contracts with the KMX C$57.50 and $60 Calls, and the 05/19 $60-$65 Calls. We were more than pleased with the activity that ensued.

We’re usually pretty good with our targeting, and these ideas were no exception. Every single one of the contracts we mentioned provided traders with the chance for some very nice single-session gains.

04/21 $57.50 Calls – Range: .45-1.70 – Max Gain: 278%
04/21 $60 Calls – Range:  .17-.75 – Max Gain: 341%

05/19 $60 Calls – Range: .68-1.54 – Max Gain: 126%
05/19 $62.50 Calls – Range: .28-.82- Max Gain: 193%
05/19 $65 Calls – Range: .11-.38 – Max Gain: 245%

With that kind of activity on the very first day, we’re definitely going to want to keep these plays in mind going forward. There may yet be more opportunities still to come.


Akari Therapeutics, Plc. AKTX

We tagged AKTX in yesterday morning’s extended watchlist and saw a very nice intraday performance. It traded in a daily range from a low of 13.69 to a high of 18.46, which represents a 35% spike on the day.

That move came on more than thirteen times the three-month average volume. On the whole, the activity in AKTX was extremely impressive, especially for a stock in its price range. The stock failed to maintain the majority of its daily advance, but we’ll remain interested provided it can register a higher base level of support to close out the week today.



In Ovations Holdings, Inc. INOH

We’re going to begin monitoring this super-subpenny stock after it just reappeared with its first filings in quite some time; two quarterlies and an annual report can be found at the company’s OTC Market filings page (>>View Filings). The filings bring the company current on its financial reporting.

We’ve seen a number of triple-zero stocks make exponential gains in recent weeks, and want to take a flyer on INOH on the outside chance that it could be the next rocket to leave the launchpad!


Extended Watchlist:
GBSN, CLNT, MNKD, SALT, SBLK, CBR,