Blue Horseshoe Stocks: Options Recap, Special Announcement & More

Successful Options Ideas

We formulated four sets of options trading ideas in yesterday morning’s premarket report, and it should come as no surprise to any of our readers apart from the very newest members, that all four ideas were winners. Gains were there for the taking regardless of which play struck people’s fancies.

SPDR S&P 500 ETF (SPY)

Our point of focus for the SPY yesterday morning was the SPY Weekly $204-206 Calls and those contracts provided not one, but two solid opportunities for intraday gains. The breakdown is as follows:

$204 Calls1st Run: 2.17-2.85 – Gained: 31%  – 2nd Run: 1.86-2.51 – Gained: 35%
$205 Calls1st Run: 1.36-1.96 – Gained: 31% – 2nd Run:  .96-1.61 – Gained: 68%
$206 Calls1st Run:  .67-1.14 – Gained: 70% – 2nd Run:  .40-.80 – Gained: 100%

_____

Apple, Inc. AAPL

Our highlighted range for AAPL, a stock whose options chain we taken advantage of too many times to count,was slated for AAPL Weekly $107-109 Calls.

$107 Calls – Trading Range: .1.79-3.45 – Max Gain: 98%
$108 Calls – Trading Range: 1.02-2.56 – Max Gain: 151%
$109 Calls – Trading Range:  .49-1.70 – Max Gain: 247%

_____

Lulu Lemon Athletica, Inc. LULU

We signaled LULU Weekly $62-65.50 Calls on the heels of the company’s earnings beat, and among those were some of the most solid intraday upswings we saw all day.

$62 Calls
– Trading Range: 4.02-6.05 – Max Gain: 50%
$62.50 Calls – Trading Range:  3.10-5.85 – Max Gain: 89%
$65.50 Calls – Trading Range:  .82-2.50 – Max Gain: 205%

_____

Ambarella, Inc. AMBA

We were looking AMBA Weekly $44 and 46 Calls which ran hard out of the gate; traders would have had to have nimble fingers to extract the maximum profit on these ones inside of the session’s first ten minutes.

$44 Calls – Trading Range: 1.15-2.20 – Max Gain: 91%
$46 Calls – Trading Range:  .35-.90 – Max Gain: 157%


Blue Horseshoe Stocks to Present on the CannaInvestor Online Webcast

We’re proud to participate in the popular CannaInvestor Webcast, and invite all of our readers to check it out this afternoon! There will be a link you can visit on www.cannawebcast.com beginning today at 1pm Eastern. It’s a must-listen for any of our members who enjoy our coverage of the medical and legal marijuana space!

ROCHESTER, NY / ACCESSWIRE / March 31, 2016 / BlueHorseshoeStocks.com (BHS) is a blog-style website that offers a free daily stock alert newsletter to stock and options traders of all levels from beginning to advanced. Unlike your typical stock-picking service, BHS publishes a quality newsletter on a daily basis, giving its members a wide range of trading ideas including microcaps to big board stocks, options ideas and more.

For years, BHS has tracked and shared cannabis-related stock ideas with its readers, and enjoyed quite a bit of success in doing so. BHS is pleased to announce that it will present online on the CannaInvestor Webcast today Thursday, March 31, 2016 at 1:00 PM EDT – 1:45 PM EDT. (>>Full PR)


Potential Bottom-Play Watchlist
 
This morning we caught four different stocks trading at a bottom that we want to aggregate into a recovery watchlist. We’ll reserve some space on our radars for these plays in sessions to come, monitoring for any indication of a rebound for any of these plays:

RCPI, TWER, SKYS, UAMY


Extended Watchlist:
SFOR, ADMD, CPXX, GLBL, USLV, MNOV,
MDVN($41.50-43.50 Weekly Calls)

Blue Horseshoe Stocks: Fresh Options Ideas, VAPE Recap & More

Fresh Options Ideas

The markets made a notable upturn following yesterday’s Fed meeting from which we learned that it will be proceeding with caution regarding a potential interest rate hike. The floundering world economy as well as trouble with low inflation domestically were cited as reasons behind the reticence. Despite the note of uncertainty, there is nothing ambiguous about the overall market sentiment at present, which is leading us to formulate some bullish ideas on the options-trading front.

SPDR S&P 500 ETF (SPY)

We’ve enjoyed tons of success trading SPY options in the past when we need a close analog of the markets as a whole, so it stands to reason that we call out a new idea for some SPY Calls this morning. We’re going to be paying attention to the SPY Weekly $204-206 Calls.


Apple, Inc. AAPL

AAPL seemed to enjoy a boost in the wake of the US Government’s dismissal of the federal court case which had embroiled the two in recent weeks. After enjoying a steady increases throughout the session, the stock is currently gapping up in the premarket. Our target range here is going to be AAPL Weekly $107-109 Calls.

Ambarella, Inc. AMBA

We flagged AMBA in yesterday’s watchlist and it too produced a bullish session. In addition to being connected with AAPL being a provider of internal hardware for Apple devices, AMBA received an upgrade from analysts at Morgan Stanley. We’ve got a corresponding options idea for this one as well. For this play, we’re looking to the AMBA Weekly $44-46 Calls.

Lulu Lemon Athletica, Inc. LULU

LULU is gapping this morning on the heels of an earnings beat, so we’re going to want to signal some calls here as well. This is another stock whose options chain has provided us with ammunition for extreme gains in the past. We’ll be monitoring the LULU Weekly $62-65.50 Calls.

With everything gapping up in the premarket, we’ll of course be on the lookout for possible dip-and-rip scenarios prior to the execution of any of these ideas.


Vape Holdings, Inc. VAPE
 
We can officially add VAPE to the list of cannabis-related stocks that we’ve witnessed making appreciable upswings this week. We added it to yesterday’s morning report as another pot-play to keep an eye on, and we’re immediately rewarded with a solid opportunity for some single-session gains.

VAPE traded in a range from .0106 to .017 on the day, giving traders the chance at profits of up to 60% The move came in conjunction with the announcement of another round of debt restructuring and consolidation (>>View PR).

We’ve added new cannabis candidates to our radar each day this week, and we’ll repeat that again today, pinning CANL and MCOA to our watchlist.


Extended Watchlist:
RVUE, WDRP, EARI, GALE, ACAD

Incoming search terms:

  • acad stocks com
  • BLUE HORSE LTDV APE

Blue Horseshoe Stocks: Pot Stocks, ALDR Recap & More

Max Sound Corp. MAXD
 
After congratulating ourselves on observing a 112% rip from MAXD after tagging it in Thursday morning’s premarket report the stock wasn’t finished. Just as a refresher, our observed low that morning was .0033 and the high came in at .007.

We said we wanted to keep tracking the stock due to a strong close and the momentum did indeed carry over into the new trading week. After the slightest dip to .006 first thing in the morning yesterday, MAXD once again took off northward, reaching a new high at an even penny.

The activity was good for isolated intraday gains of up to 67%, and at that penny high, it represented a two-session upswing of 203% over our observed low from Thursday. As long as MAXD continues to register higher base levels of support as it has done thus far, it will retain our attention.


Alder Biopharmaceuticals, Inc. ALDR

ALDR was an inclusion from yesterday’s watchlist as well, and we saw some excellent intraday gains, especially considering its elevated price range. We watched as it traded up from a low of 21.75 and reached a subsequent high of 27.79.

That represents a single-session advance of 28% which is all the more impressive coming from a $20+ stock. The move came on roughly fifteen times the 3-month average volume, and was facilitated by news of positive migraine study results.


Also included in our report yesterday was a list of marijuana stocks we’ve tracked over a period of years, that we wanted to revisit to kick off the week, as investor interest in the cannabis space seems to be on the rise of late. In addition to HEMP, which made a small double-digit increase but had a relatively modest session by comparison, the following pair each made gains of a more substantial nature: 

GreenGro Technologies Corp. GRNH – First up, GRNH made an impressive daily swing as it traded in a range from .03-.05, for potential profits of up to 53% being made possible on the day.

Terra Tech, Inc. TRTC – The other runner was TRTC, which made a move from .33-.41, a 24% increase. We’re going to continue to reserve a spot on our radars for this one as well, especially with a post-market earnings call slated for this afternoon. (Click through to PR for participation info)


*We also have a reminder for our readers of a couple other pot plays we’ve tracked in the past that we’re going to be monitoring more closely in the light of increased sector activity: PHOT, VAPE


Extended Watchlist:
AMBA, MINE, TAPM, OHRP, WATT

Incoming search terms:

  • PHOT|BlueHorseshoeStocks
  • stock symbol phot

Blue Horseshoe Stocks: MAXD Recap, Cannabis Stocks & More

Max Sound Corp. MAXD
 
A huge standout from Thursday’s session was MAXD, which we tagged as a bottom-bouncer in our premarket report. The stock had been mostly trading sideways over the preceding couple of months, so our alert definitely came at the proper time.

From its daily low of .0033 right at the outset, the stock continually pushed the envelope for a vast majority of the session, eventually reaching the zenith at an impressive .007. That represented an intraday gain opportunity of up to 112% with heavy volume, on the order of more than three times the monthly average.

We’ll continue to track MAXD, looking for the stock continue building a higher base level of support in coming sessions.


United Cannabis Corp. CNAB

We’ve been monitoring the cannabis space more closely over the past couple of weeks, since a big development from the labs at GW Pharma (GWPH) sent shockwaves through the investment community and began to drive heavier interest back to marijuana related stocks.

We’re still seeing those effects reverberating down to several of these ‘pot-plays’. One that stood out to us on Thursday morning was CNAB, and it enjoyed a respectable intraday performance subsequent to our premarket flag. We observed a low of .51 first thing in the morning, and the stock took off like a rocket. The high it shot up to was .75, marking a 47% rip.

The stock maintained a good portion of its daily advance into a close at .673, and of course volume was much higher than normal, so this is another that we’ll keep on our watchlist for the time being.

______

Cannabis Sativa, Inc. CBDS

Another run of success we’ve had recently within the cannabis sector has been due to our call of CBDS. We first introduced this stock to our reports in early February, and would monitor the stock as it found support at .30 several sessions later. From there it began a gradual rise that became much more pronounced midway through this month.

The gains on the chart since then have been absolutely stellar, and CBDS hasn’t looked back, as it recorded a new high of 3.73 on Thursday. That brought the overall upswing we’ve witnessed in just a month’s time to a meteoric 1143%
_______

ADDED NOTE:

Another handful of marijuana stocks we’ve tracked over a long period of time are HEMP, TRTC, and GRNH, and those will continue to garner our attention in the immediate future, with interest in the sector bubbling up once again.


Extended Watchlist:
ACAD, ALDR, GBSN, GEVO, MINE, TLSA, WRES

Incoming search terms:

  • cnab

Blue Horseshoe Stocks: Options Update, New Idea & More

Valeant Pharmaceuticals International, Inc. VRX-  Options Update
 
We wanted to circle back to touch upon an update for the VRX 04/22 $32 Calls we initially slated for observation on Tuesday.  VRX trading activity allowed for us to witness a run from 2.90-3.90 that day, for possible gains of up to 35%

We stated as much in yesterday’s morning report, with the added reminder that we felt certain the scope of those gains would increase, and we were spot-on once again.

For the day we observed a move from 4.25-5.25, a relatively modest 24%, however as measured from the low we saw on Tuesday morning, it marked a two-day swing of 81%, so cheers to those of our readers who were following along with us on this play!


Tesla Motors, Inc. TSLA – New Options Idea

Up until yesterday’s session, TSLA had been enjoying an epic rally which began in early February, however, that began to fizzle out over the past couple of days. The stock now appears very top-heavy, and that was confirmed by a fall below its 200DMA yesterday.

In the event that this is a protracted backsliding event, we’re going to want to be ready with a corresponding options trading idea.  We’re going to zero in on contracts in the range of TSLA March 24th $220-215 Puts, which qualify as Weekly contracts*, as the markets are closed tomorrow.

*Please remember, trading weekly options contracts on a Friday is an extreme high risk/high reward proposition, and is recommended for highly experienced traders only.


Celator Pharmaceuticals, Inc. CPXX

CPXX was a point of focus for us last Wednesday, when we caught a hot PR hitting the wires, and despite the stock already being up considerably at that point, we were able to glean a healthy 41% gain out of the stock that first day (from a low of 6.44).

As we’ve kept observing the play over the course of the week, we’ve seen a continual stream of higher highs and higher lows, which culminated in a new high of 12.64 yesterday. In exactly one week’s time, we saw CPXX make an overall swing totaling 96%


Great Basin Scientific, Inc. GBSN

We also want to give ourselves a quick pat on the back for calling GBSN to our readers attention via our extended watchlist yesterday. The stock was experiencing highly abnormal activity due to some FDA News and despite gapping up to the extreme, we still saw a dip-and-rip which carried the stock on an intraday run from .222-.29, a 31% swing.


Extended Watchlist:
PTX, JDST, CNAB, GVSI, MLCG, SIPC, MAXD(Bottom-bouncer)