SITO ended the session with strength as well, maintaining the majority of its daily gains into the close at .187, and did so on roughly 4X the average monthly volume.
Remember, we caught this play on the heels of its recently established 52-week low, so our timing couldn’t have been much better. Any way you slice it we can chalk our initial play on the stock up as a win, but opportunities may yet remain. SITO was trading as high as .40 as recently as October, and regaining even a fraction of that level would spell significant gains from here, so it will certainly be on our radar moving forward.
Netflix, Inc. NFLX – Options Ideas
Some of the other top opportunities from yesterday’s report were the options ideas we offered up, all of which presented the chance at intraday gains as we suggested they might.
Starting with the NFLX $395 and $410 Calls; these contracts saw some intraday fluctuations which made significant gains a possibility.
The $395’s dipped to an initial low of 12.44 before running to 17.55 (+41%), followed by another pullback to the 13.65 level before rallying back as high as 20.05 (+47%), and in the last hour made one more dip-and-rip from 13.20 to 15.50 (+17%). That means those contracts registered an impressive 105% in cumulative gains on the day.
The $410’s bounced around just as dramatically with their own series of big swings; 5.20-9.05 (+74%), 5.40-7.70 (+42%) , 4.60-8.55 (+88%), and 3.80- 5.30 (+39%), collectively accounting for more than 240% in upward movement.
We also cited GPRO for possible chances in options calls, and there were indeed opportunities there as well. $48 and $49 Calls both made moves approaching the 200% mark, as the following snapshot shows. GPRO is gapping up today above $51 in the premarket, so we’ll look to see a possible extension of the gains we’ve already witnessed.
Side Note on American Leisure Holdings, Inc. AMLH:
We also want to make a note of AMLH. We caught it on our scanner after publishing our report Tuesday morning, however we did include it on the Stock Tracker on our blog on that day, and through to yesterday.
After gapping up on huge volume Tuesday, we observed a dip to the .17-.18 range. Since then it has made some nice gains, and closed with strength yesterday. It’s a little late to chase it now but we wanted to make mention of it to illustrate a point we always try to drive home to our readers. Whether you consume our reports via email, through a third-party website, etc. It’s always a good idea to visit our blog at BlueHorsehoestocks.com frequently and check for updates to the tracker, which may or may not differ from those in our daily reports! New content is published to the blog each morning prior to the market open.
Extended Watchlist:
FXCM, SDRL, NERV, NADL, CLRX
