Blue Horseshoe Stocks: Big Options Success & More

Huge Options Success

We went all-in on the options front on Friday, with both of our primary focal points being high-risk options plays, and the rewards were considerable. Both sets of ideas turned out to be successful, regardless of the strike prices chosen.

Alibaba Group Holding Ltd BABA – On Friday morning, we were just patting ourselves on the back for Thursday’s successful alert of the BABA Weekly $162.50-170 Calls which had provided some nice gain opportunities on the order of 119-311% Those figures were nice, but they paled in comparison to Friday’s performances. We did specify that we’d want to “continue to keep our eye on these plays to close out the week, as further increases are a possibility.”

“Further increases” may be the understatement of the year. Explosions would have been a more accurate term! Our highlighted range actually contained an ultra-rare FIFTY-bagger, so anyone who had been following our BABA options coverage had a chance to make a mint!

$244.50 Calls – Range: 2.00 – 6.95   – Max Gain: 247%
$245 Calls – Range: .53-4.41 – Max Gain: 732%
$245.50 Calls – Range: .10-2.18 – Max Gain: 2980%
$246 Calls – Range: .01-.51 – Max Gain: 5000%

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Wal-Mart Stores, Inc  WMT – Our other options focus from Friday was for Walmart, with the WMT Weekly $79.50 & $80 Calls. An early run by the stock created the necessary volatility to push our ideas to multi-bag status inside of the first hour.

The $79.50 Calls were the big winner there, running from .19-.86 for an intraday pop of 353% The $80′s weren’t too far behind with a solid push from .15-.46; a gain of 207%


China Information Technology Inc. CNIT

We saw a wave of increased activity in several China-based plays on Friday, and CNIT is one among them that seems worthy for observation as we kick off another trading week this morning.

We like the chart setup- the stock had a really solid run from May to June after which there was a consolidation, and has recently been showing strength off of its established support in the mid-.80′s. There was also a recent bullish breach of the 50DMA.

The company will need to get and keep its shares above $1.00 to satisfy NASDAQ’s minimum bid requirements, and we think there’s a fair chance of that happening.


Extended Watchlist:
RBNW, DDDX, GAHC, BTSC, JMEI, FALC, CTRV

Blue Horseshoe Stocks: BABA Review & More

Alibaba Group Holding Ltd BABA – Options Review

We saw the contracts we highlighted yesterday morning in the BABA chain make solid multi-bag moves. The BABA Weekly $162.50-170 Calls were our targets, and each one took off for the following moves starting at around 10AM.

$244.50 Calls – Range: 2.58-5.65 – Max Gain: 119%
$245 Calls – Range: 1.26-3.50 – Max Gain: 171%
$245.50 Calls – Range: .52-1.79 – Max Gain: 244%
$246 Calls – Range: .18-.74 – Max Gain: 311%

We also want to continue to keep our eye on these plays to close out the week*, as further increases are a possibility. While BABA’s PPS tapered back into the close, we’re seeing yet another gap up in the premarket this morning.


Wal-Mart Stores, Inc  WMT

Despite seeing a pullback following its earnings report yesterday, WMT rebounded off of support and managed to close near its high of day and is up slightly in early trading this morning.

There may be an opportunity in the WMT Weekly $79.50 & $80 Calls* so we’ll have those on our radars as we wrap up another trading week.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every single time. Trading weekly options at the end of the week is an exceedingly risky proposition that should never be attempted by beginning or novice traders!


Extended Watchlist:
DCTH, MNGA, SPWH, CTIC, CBAY, TOPS, THC,
DEWM (Cannabis News)

Blue Horseshoe Stocks: IDXG Keeps Rolling & More

Interpace Diagnostics Group, Inc. IDXG

Yesterday morning, we were mentioning our call of IDXG from last Thursday, and subsequent run from a low of .72 to more than a dollar. It had reached a new high at 1.28 in the premarket and we said we wanted to see it register higher highs and higher lows en route to a more sustained rebound.

So far we’ve gotten just what we were looking for from IDXG, with the stock posting an intraday run of 24% from 1.17-1.54 for yesterday’s session. It pushed the overall move we’ve observed in under a week’s worth of trading into double-bag territory, having risen 114% thus far.

It was helped along by yesterday’s announcement that a large healthcare provider would be covering the company’s thyroid cancer screening tests, which is now covered for up to 250 million Americans. We’ll continue to keep a spot on our radars for IDXG, which was trading over the $2-mark as recently as May.


Alibaba Group Holding Ltd - Options Idea

Shares of BABA are streaking to new highs this morning as the company posted a solid beat on profits and revenue in its premarket earnings report.

The last time we visited an idea in the BABA chain was back on June 8th, when we signaled $140-145 Calls and saw them register single-session gains ranging from 1167-3160% so we are definitely familiar with what can happen in an ideal situation.

Today, given the fact of another similar scenario where earnings lead to a large gap up into blue skies, we’re going to be tracking contracts in the range of the BABA Weekly $162.50-170 Calls.


Extended Watchlist:
BTSC, BTCS, GAHC, IDDR, SDLP, GST, SSI

Blue Horseshoe Stocks: IDXG Recap & More

Interpace Diagnostics Group, Inc. IDXG

Prior to yesterday morning’s report, we last mentioned IDXG last Thursday, and the stock has made quite a nice upswing from between then and now. We witnessed a low of .72 in IDXG subsequent to our alert last week. Yesterday’s session carried the stock from .8825-1.13, for an intraday push of 28% and a total move off of last week’s lows amounting to 57%

This morning in premarket trading IDXG reached yet another new high at 1.28 extending our total observed range in under a week to 78% We’ll look for IDXG to continue to register higher highs and higher lows and put together a more sustained rebound.


 Urban Outfitters- Options Idea

It’s been over a year since our last options idea for the URBN chain, which incidentally yielded multi-bag profit opportunities.

We’re going to come back to URBN this morning on the heels of the company’s post-market earnings report,the effects of which have boosted the stock considerably here in the premarket.

We’re going to play it the way we normally do in these instances where an earnings beat causes a rapid gap-up, and be on the lookout for a dip-and-rip pattern. We’ll be tracking the activity in the URBN Weekly $19-20.50 Calls.


Extended Watchlist:
RADA, PSTI, DXTR, IMMY, BITCF, BTSC, BSTC, GAHC, ZRZH

Blue Horseshoe Stocks: TTOO Recap & More

T2 Biosystems, Inc. TTOO – Recap

We tagged TTOO as a bottom play just under a month ago in our report dated July 18th, as the stock was undergoing a lengthy period of consolidation. It subsequently found support at 2.53 shortly thereafter, and since that point in time, it has seen a solid recovery off of those lows.

Yesterday, TTOO reached a new high of 4.07, its best PPS all summer long. It worked out to a very respectable 61% upswing over our observed low, and indicators on the chart suggest there is still room for more rapid short term growth, so we’ll continue to keep an eye on this play moving forward.


 SPDR S&P 500 ETF Trust (SPY) – Options Update

The markets ended up rebounding yesterday, leading us to note our interest in tracking the SPY Weekly $244.50-246 Calls in the event that the premarket trend we were noticing continued into the session. That’s what happened, and as a result our highlighted contracts made some really nice intraday moves.

$244.50 Calls – Range: 1.54-2.53 – Max Gain: 1180%
$245 Calls – Range: 1.18-2.05  – Max Gain: 1280%
$245.50 Calls – Range: .83-1.68 – Max Gain: 1225%
$246 Calls – Range: .54-1.30 – Max Gain: 1864%

The possibility of a sustained rally for the markets will lead us to roll up our potential strike prices in the SPY chain up to the $247 and $247.50 Calls to potentially keep this idea rolling.


Zerez Holdings Corp. ZRZH

We first caught wind of ZRZH last year, and it was good to us back then. We want to revisit the stock once again today for a couple reasons.

Not only is ZRZH in a relatively good place on the chart from which to launch a possible rebound, but yesterday the company presented some impressive quarter-over-quarter revenue growth. For those reasons, we want to place this stock on watch this week, a rebound to its previous area of fierce resistance at a nickel would mean considerable gain opportunities from present pricing.

SACRAMENTO, Calif., Aug. 14, 2017 /PRNewswire/ — Zerez Holdings Corporation, (OTC PINK: ZRZH), DBA Smart Cannabis, http://smartcannabis.com today filed its second quarter 2017 quarterly reports with OTCMARKETS. The company reported $2,041,557 in gross revenue, about a 275% increase over first quarter revenues of $544,467 (>>View Full PR)


Extended Watchlist:
AMRS, HMNY, EXTR, DSLV, IDXG, FRSX, FPP