Tag: RMRK

Smooth Move on the SPY, Earnings Plays & More

Flip to SPY Calls Proves Timely: 

In yesterday morning’s premarket report, just one out of the three options ideas we put forth was a quick-strike play, and that was our spur of the moment bullish take on the SPY. After multiple recent sessions of rooting out solid gain opportunities from SPY Puts (On Friday and Monday) we flipped to the other side of the fence just in time to catch yesterday’s market rally.

That led to some very nice multibag profit chances on the day from our targeted range, the SPY 06/15 $374-376 Calls. Those big-time moves were as follows:

SPY 06/15 $374-376 Calls
$374: 2.13-9.47 (+345%)
$375: 1.74-8.70 (+400%)
$376: 1.46-7.80 (+434%)

Fresh Options Ideas:
ADBE Weekly $372.50-370 Puts
CMC Weekly $35-37 Calls
KR Weekly $51-49.50 Puts

ProText Mobility, Inc. TXTM – Update:

We’ve been updating readers on new highs in TXTM for the last few sessions, with the stock pushing the envelope more each day. Following yesterday’s report, it set another new high of .0113, crossing the border from subpenny status into penny-plus territory.

Our original low following our initial alert on the stock (May 24th) was .0016. From that level, yesterday’s high represents an overall increase of 606% Even if traders only caught on with our mention on Monday morning, they would still be looking at a three-day upswing of 115% from .0045-.0113.

Extended Watchlist:
PLPL, GNCA, DPLS, PHIL, CYDY, APHLF, RMRK, HYSR, SIDU, RDBX, ACOR, CMRA, HSCS, SOXS

GS, PEP Options Review, Fresh Ideas & More

GS, PEP Options Breakout:

With the earnings drought just days away from finally ending, we still have been managing to seek out winning plays. As we’ve said, next week begins a torrential outpouring of quarterly reporters on the order of dozens, if not hundreds per day!

We got back on the track of options perfection yesterday, with both of our fresh ideas in our premarket report yielding stellar intraday chances to profit. We had selected the GS Weekly $380-385 Calls and the PEP Weekly $149-152.50 Calls following Goldman Sachs and Pepsi’s earnings releases.

Despite an up-and-down sort of a session for the markets at large, we witnessed some serious multibag moves from every single contract we slated for observation. Here are the total possible gains that traders could have logged on the strength of those ideas:

GS Weekly $380-385 Calls
$380: 1.64-4.69 (+186%)
$382.50: 1.19-3.68 (+209%)
$385: .85-2.89 (+240%)
_____

PEP Weekly $149-152.50 Calls 
$149: 2.20-4.95 (+125%)
$150: 1.50-4.00 (+167%)
$152.50: .43-1.73 (+302%)

Fresh Options Ideas:
SPY 07/14 $436-437 Calls*
C Weekly $69-70 Calls

*Please be aware that these SPY Calls will expire at the end of the trading day. Trading options on the day of their expiration is a high-risk/high-reward proposition that should only be undertaken by experienced traders!

Extended Watchlist:
OXBR, XELA, JZXN, MINM, CTIB, DTSS, RMRK, CYBL, BLEG, MSAV, BTDG, CRSM

Blue Horseshoe Stocks: ALQA Recap & More

Alliqua, Inc. ALQA

The big winner off our premarket watchlist in yesterday’s report turned out to be ALQA, which had a hard spike early in the session and continued to push more steadily upward over the course of the day leading to a strong close. The activity was fueled by the news that the FDA granted 510(k) clearance for ALQA’a SilverSeal Hydrogel wound dressing.

From its early low of .258 the stock traversed its way up to .45, which goes down as a 74% intraday gain. The move came on nearly forty times the monthly average volume on the stock, and as we just mentioned, it also closed with strength, just a penny below the high of day.

After hours trading also saw the stock achieve a high of .51, and it appears as if it could gap up slightly to start the day. We’ll be on the lookout for signs of a continued uptrend here as we head into this midweek.

Uni-Pixel, Inc. UNXL

Despite looming bankruptcy proceedings for UNXL, our bottom-feeder instincts have kicked in as the stock was punished down to a new all-time lows yesterday and is showing signs of a possible rebound this morning.

This NASDAQ could certainly be on its way to an OTC Markets listing in the future, being nowhere near the minimum bid requirements for the higher exchange. But for the time being, we’re only interested in its immediate situation. Over-abused stocks have had a historical tendency to produce some very nice moves for us as they correct course, so we’re going to place UNXL on watch in coming days.

Rimrock Gold Corp. RMRK

We also wanted to swing back around for a quick update on RMRK this morning. We placed this one on watch last Wednesday morning, catching it before it ran over 300% from .0006-.0025 that afternoon.

After a sharp pullback to .0008 over the ensuing few sessions, the stock  rebounded yesterday, returning to a high of .0019 which marks a 138% swing.

We’ll be watching for it to continue to register higher lows on any further pullbacks. Any stock with this kind of price action and volatility is one that we definitely want to keep a close eye on for more quick strike trade opportunities.

Extended Watchlist:
ABCO, IMGN, IMMU, SBGL, RTNB, ETRM, MBRX