Tag: SPZI

SPY Review, OTC Recap & More

Infrax Systems, Inc. IFXY – Review:

Our first order of business this morning is to go over the performance of a stock that we initially tagged last week on Friday. IFXY produced quite a run subsequent to our alert, posting a low of .0081 that morning, and registering a high of .0137 yesterday. That works out to a session-over-session gain of 69%

We’ll keep an eye peeled this week for the chance that IFXY can make its next move up from this higher base level of support. Volume over the past couple sessions has been quite higher than average so the potential for a continuation of its recent bullish activity is certainly present.

SPY Recap:

Our quick strike options play for yesterday morning’s report turned in a fantastic ticket on the day. We were tracking the SPY 10/04 $434-432 Puts, and thanks to a particularly bloody open for the markets at large, we saw significant movement in our designated targets.

The SPY has long been our go-to market analog play, and it is particularly helpful on days like yesterday with no interesting earnings plays of which to speak.Here are the intraday gains that were made possible by this particular idea.

SPY 10/04 $434-432 Puts
$434: 1.50-7.64 (+409%)
$433: 1.06-6.69 (+531%)
$432: .75-5.70 (+660%)
_____

Fresh Options Ideas: 
PEP Weekly $149-152.50 Calls 
RGNX 11/19 $35 Calls

Extended Watchlist:
EBET, MARPS, USEG, AMPY, ISWH, CYAP, TGRO, SPQS, APTY, BDGR, CRYM, SPZI

Runners, Runners, Everywhere!

Options Review: 

We played the SPY from both sides of the fence last week as the markets chopped up and down over the course of some rather volatile sessions. On Friday morning, we flipped from bears to bulls and cast our lot in with the SPY 05/14 $411-412.50 Calls. 

Additionally, a couple of our other targets, the DASH Weekly $122-125 Calls and the PBR Weekly $9-9.50 Calls, produced some impressive intraday rallies that gave traders the chance at the following gains:

SPY 05/14 $411-412.50 Calls
$411: 2.56-6.48 (+153%)
$412: 1.91-5.58 (+192%)
$412.50: 1.59-5.00 (+214%)
_____

DASH Weekly $122-125 Calls
$122: 3.82-22.50 (+490%)
$123: 2.94-22.47 (+664%)
$124: 2.59-21.50 (+7300%)
$125: 1.80-20.00 (+1011%)
_____

PBR Weekly $9-9.50 Calls
$9: .37-.71 (+110%)
$9.50: .09-.22 (+144%)

Fresh Options Ideas:
PCT 08/20 $15-17.50 Calls 
PRPL Weekly $30-35 Calls 

OTC Runners:

Friday was a big day for many of the OTC stocks we’ve been actively tracking of late. These four examples which have appeared in our reports over the last few weeks all set new highs for us on Friday.

Eline Entertainment Group, Inc. EEGI
First Alert: 04/26
Subsequent Range: .0005-.0055
Total Possible Gain:+1000%
_____

Spooz, Inc. SPZI
First Alert: 05/07
Subsequent Range: .0012-.0038
Total Possible Gain: +217%
_____

Genesis Electronics Group, Inc. GEGI 
First Alert: 05/14
Subsequent Range: .0036-.0072
Total Possible Gain:+100%
_____

Buyer Group International, Inc. BYRG
First Alert: 05/14
Subsequent Range: .0044-.0074
Total Possible Gain:+68%

Extended Watchlist:
VDRM, VYGVF, EGOC, NWGC, CCTL, MDCN, BCAP, NNRX

Strong Trading Week Draws to a Close

More OTC Updates:  

Rennova Health Inc.RNVA – We have been tracking RNVA heavily since last week, at which time the stock was trading in the super-subpenny range. Shares were changing hands for as little as .0007, before the stock picked up steam this week, breaking into the subpenny level and running to a high of .0017. That works out to an upswing of 143% and continues a burgeoning trend of hot OTC plays that we’ve been experiencing in recent weeks.

_____

FBC Holding Inc. FBCD – Another OTC stock that we were following throughout the month of April has been FBCD. Subsequent to our tag on the 8th, it had consolidated to a low of .0037, and yesterday fell just shy of cracking into Pennyland with a new high of .0097. That works out to a 162% move.

Yesterday’s Options Plays:

Our fresh options watchlist for yesterday’s session consisted of three selections. The PYPL Weekly $255-260 Calls, the BUD Weekly $73-74 Calls, and the LIN 05/21 $290-300 Calls. We went three-for-three on those ideas, with the PYPL Calls standing out as the biggest winners on the day.

PYPL Weekly $255-260 Calls
$255: .64-2.65 (+314%)
$257.50: .38-1.64 (+331%)
$260: .23-1.01 (+349%)

Based on this morning’s premarket activity, there seems to be a good chance that we will see further advances in these PYPL targets to close out the week.
_____

BUD Weekly $73-74 Calls
$73: 1.25-2.00 (+60%)
$73.50: 1.17-1.70 (+45%)
$74: .72-1.97 (+174%)
_____

LIN 05/21 $290-300 Calls
$290:  6.24-7.90 (+27%)
$300: 2.10-3.10 (+48%)

Fresh Options Ideas*:
DKNG Weekly $52-54 Calls
ROKU Weekly $307.50-315 Calls
SQ Weekly $227.50-235 Calls 

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds.

Extended Watchlist:
GBHL, VXIT, ELRA, NWGC, KRFG, MNGG, PRMO, SPZI, RGLG, SEEK