Microsoft Corp. MSFT
Our closing thoughts on Friday were pertaining to a range of weekly options calls that we found attractive, namely the MSFT Weekly $51-53.50 Calls. They turned out to be our top picks of the day, with every single contract set making multiple intraday swings that facilitated chances for impressive daily profits.
We often comment about the elevated volatility in weekly options at the end of a given week, and Friday was no different. The single-session opportunities that were afforded to us by the MSFT chain were mind-bending:
$51 Calls – 1st Swing: .88-2.62 (198%) – 2nd Swing: 1.76-3.05 (74%)
$51.50 Calls – 1st Swing: 1.25-2.10 (68%) – 2nd Swing: 1.48-2.03 (37%)
$52 Calls – 1st Swing: .14-1.68 (1100%) – 2nd Swing: .99-1.98 (100%) – Low to High: 1300%
$52.50 Calls – 1st Swing: .45-1.17 (160%) – 2nd Swing: .50-1.45 (190%)
$53 Calls – 1st Swing: .30-.82 (173%) – 2nd Swing: .17-.99 (482%)
$53.50 Calls – 1st Swing: .16-.49 (206%) – 2nd Swing: .04-.50 (1150%)
Congratulations to any of our readers who jumped into the action for what ultimately turned out to be an excellent bunch of opportunities to close out the week!
International Star, Inc. ILST
If you didn’t catch our alert on ILST a week ago today, you ended up missing a heck of an intraweek swing out of this super-subpenny play.
We observed a low of .0004 early in the week, and that gave way to a pleasing run to a high of .0009 on Friday. It worked out to a move of 125% and it occurred during a week where the stock was setting records for all-time high volume. We’d say our timing in catching this one was extremely fortunate.
We’ll need to see ILST hold support at or above .0006 on any pullbacks in order to remain interested.
Extended Watchlist:
BHRT, HNSS, IFXY, NTFU
