Monday’s Activity, 5 New Targets

Monday’s Moves:

Unfortunately there wasn’t too much to write home about for us yesterday in terms of the options ideas we floated for our premarket report. We did see positive intraday movement from three of the four contract sets we were monitoring, but the potential gains simply didn’t rise to the exciting multi-bag levels that we’re always after. Not every day can be action packed, but we do usually unearth some amount of multi-baggers, so we’re sure we’ll be back on track in no time.

Yesterday’s watchlisted targets were the IDXX 08/15 $620-630 Calls, the BNTX 08/15 $110 Calls, and the TSN 08/15 $55 Calls. Here were the intraday upswings they recorded on the day:

IDXX 08/15 $620-630 Calls
$620
: 35.69-67.00 (+88%)
$630: (low volume)
_____

BNTX 08/15 $110 Calls
$110: 3.87-4.80 (+24%)
_____

TSN 08/15 $55 Calls
$55: .50-.95 (+90%)


Fresh Options Ideas:
SPY 08/05 $631-632 Calls*
PLTR Weekly $170-172.50 Calls
PFE Weekly $23.50-24 Calls
APO Weekly $147-148 Calls
AXON 08/15 $790-800 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
AIP, SMXT, STAA, STTK, ELWS, NGTF

RENU & Extended Watchlist

Renuen Corp. RENU

RENU appeared on our extended watchlist back on March 14th. At the time, it was trading as low as .0021, and went on to hit .0045 on March 25th. After receding back to its support level at .0022, the stock ran again, this time to .0037. This week, we’ve seen an increase in volume as a result of recent positive news announcements, which bode well for the company. We want to continue to monitor RENU’s activity, as well as participate in tonights conference call, details of which can be found below.

The conditions on the chart are somewhat favorable, though we would like to see momentum and volume continue to pick up. We like the way the RSI is heading North, both the MACD and the Slow STO recently crossed over and are showing divergence at this time.

Included in the recent developments was the acquisition of Total Exteriors Corporation, a solar and renewable energy construction company.

In addition, CEO Don Wood will conduct a webinar tonight, May 2, 2013 at 7:00 p.m. EDT. The company will discuss current projects, acquisitions, growth strategy, and more.To participate, register at the following address: https://www1.gotowebinar.com/register/407072665 You will then be able to listen on your computer, or call: (470) 200-0305 Access Code: 857-011-329 Webinar ID: 407-072-665.


Extended Watchlist:
CAAS, DCTH, NIHD, STAA

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