Tag: PLPL

Big-Time OTC Movers & More

More Penny Poppers: 

For those newer subscribers who may be unfamiliar with the way we operate, typically our interests in stocks traded on the OTC Markets are relegated to our daily Extended Watchlists. Our main features tend to be focused more on quick-strike options trading these days because that’s where we find the most excitement. That doesn’t mean we’ve forgotten our roots in the pennies!

We’ve had loads of success in unearthing interesting OTC plays in 2021 so far, and we started out the fresh trading week yesterday with another fine pair of movers that have been included in our watchlists on multiple occasions of late. Below you can find links to our archived reports from our initial alerts and the subsequent huge runs and multibag profit potential involved.

Enzolytics, Inc. ENZC
Alerted: April 16th
Range: .0866-.2979
Gained: +244%
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RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.008
Gained: +900%

G-III Apparel Group, Inc. GIII – Options Recap

On account of the light earnings reporter load that we’ve mentioned in a previous report, we went with just one lone potential options target in yesterday’s premarket offering, the GIII 06/18 $30-35 Calls.

G-III Apparel posted a solid Q1 earnings beat along with optimistic guidance for the remainder of the fiscal year. It allowed the stock to break a double-top and set a new high of 35.80 which provided for the following moves in our tracked targets:

GIII 06/18 $30-35 Calls
$30: .90-2.25 (+150%)
$35: 3.80-5.60 (+47%)
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Fresh Options Ideas: 
MRVL Weekly $49-51 Calls
SFIX Weekly $61.50-65 Calls
THO 06/18 $120-125 Calls
ASO 06/18 $35-40 Calls 

Extended Watchlist:
PHIL, PLPL, RIHT, ICNM, FTEG, EFIR, CLOV, WEN, SONM, NEXT

Bears and Bulls on the Run

Diverse Options Picks Produce: 

In yesterday morning’s premarket report, we took an interest in options ideas both bearish and bullish. Things looked choppy for the markets in general, so we took a shot with the SPY 05/12 $415-413 Puts, which produced considerable multibag runs roughly 90 minutes into the session.

We also called attention to the RBLX Weekly $63-64 Calls on the heels of the company’s earnings report, which dropped with a beat on revenue and solid user growth figures. That created the opportunity for the intraday move posted in those contracts.

The total possible daily profits that could have been seized with those ideas were as follows:

SPY 05/12 $415-413 Puts
$415: 1.99-5.77 (+190%)
$414: 1.66-4.98 (+200%)
$413: 1.33-4.29 (+223%)
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RBLX Weekly $63-64 Calls
$63: 3.70-12.42 (+236%)
$63.50: 3.55-12.50 (+252%)
$64: 2.21-13.70 (+544%)


Fresh Options Ideas:
UPST 05/21 $110-120 Calls
OPEN 05/21 $17.50 Calls
U 05/21 $85-90 Calls 

Thai Airways International Public Co. Ltd. TAWNF – OTC Recap:

Yesterday, TAWNF demonstrated the importance of laying out our daily extended watchlists on your own viewscreens. There is almost always a clear standout, and we have been uncovering quite a few prime OTC plays in this manner.

The stock identified itself as the best of the bunch yesterday with a run up from its session low of  .105 and hit .329. That marked an intraday rip of 213% on the highest daily volume ever recorded in the stock.

Extended Watchlist:
EEGI, FBCD, NSPT, QNTA, AZFL, PLPL, ICNM, SDVI

Blue Horseshoe Stocks: OREX Recap & More


Orexigen Therapeutics, Inc. OREX

On a day like yesterday, when the markets take an unexpected and brutal bath, it always helps to find a trend-bucker. Fortunately for us, all was not lost because we had included OREX on our watchlist in our premarket report.

Even as most other stocks wavered under the intensity of yesterdays bearish push, OREX ran from a daily low of .23 to a high of .39 for a 70% intraday run. It also closed with strength at .34, not too far below the area of a massive gap on the chart. We’ll definitely want to continue monitoring OREX, as even a partial filling of said gap would produce further gains of a significant magnitude.


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Bottom-Watch Plays

While we’re on the subject of bottom plays, we’re going to add both of the following to our working watchlist, as each one is extraordinarily oversold at the present time.

ReShape Life Sciences, Inc. RSLS
MoneyGram, International, Inc. MGI


Extended Watchlist:
AMPE, DFFN, CGEN, VATE, PLPL, CANB