Weekly Wrap-Up
We’re wrapping up another solid trading week by reviewing our spot-on options ideas from yesterday morning’s premarket report. We had signaled interest in both the QCOM Weekly $88.50-90 Calls and the BIDU Weekly $114-117 Calls.
We are happy to say that both of those fresh ideas produced opportunities for multi-bag gains in the day. Here’s the breakdown of the profits that were there for taking:
QCOM Weekly $88.50-90 Calls
$88.50 Calls – Range: 1.06-3.92 – Max Gain: 270%
$89 Calls – Range: 1.05-3.50 – Max Gain: 233%
$89.50 Calls – Range: .65-3.00 – Max Gain: 362%
$90 Calls – Range: .58-2.60 – Max Gain: 348%
BIDU Weekly $114-117 Calls
$114 Calls – Range: 2.50-8.00 – Max Gain: 220%
$115 Calls – Range: 2.00-7.22 – Max Gain: 261%
$116 Calls – Range: 1.85-5.80 – Max Gain: 214%
$117 Calls – Range: 1.38-5.38 – Max Gain: 304%
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Fresh Options Ideas:
DIS Weekly $139-142 Calls*
*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.
Sun Kissed Industries, Inc. SKDI
We also highlighted SKDI as one to watch in yesterday morning’s premarket Extended Watchlist. The stock put up quite an intraday performance as it traded up from a low of .03, to a high of .16 on the day.
That works out to a single-session gain of 433% and serves as a perfect example of why we always try to include a daily Extended Watchlist, and why we will never quit speculating on the OTC entirely.
Extended Watchlist:
NDYN, DERM, MNST, PLNT, GPRO, UI, OPTT, STMP, OBLN, UI, AAXN