Month: March 2016

Blue Horseshoe Stocks: Tuesday’s Gainers, Options Recap & More

Yesterday’s Movers

While Tuesday’s activity was more subdued than the landmark session we had on Monday, we did manage to find major success with our options trading ideas, as well as the following stocks which made moderate moves to the upside:

Propanc Health Group Corp. PPCH – PPCH is a stock we’ve talked about on several occasions in the past, and it continued its ascent off of recently established annual lows following its inclusion in yesterday’s morning report.

The stock traded in a range from .0188 to .026, an intraday pop totaling 38%, and it did so on volume which came in at nearly quadruple the 3-month average. It also closed just a few ticks below the HOD, so we’ll certainly have a continued spot on our watchlist reserved for PPCH for the time being.

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Black Stallion Oil & Gas, Inc. BLKG – Traders with a quick trigger finger could have taken advantage of the rapid move made by BLKG right out of the starting gate yesterday, with its spike from .08 to .12. The run was, however, relatively short-lived as compared to the previously mentioned play.

Options Recap

Our options calls (and puts!) turned out to be the stars of the show yesterday, as we were mentioning above. As our regular readers are surely aware, we’ve developed the keen ability to spot short-term options opportunities with hawk-like acuity, and that fact was on full display once again.

Urban Outfitters, Inc. URBN – Weekly $29-32 Calls

$29 Calls – Trading Range: 1.79-4.10 – Max Gain: 129%
$30 Calls – Trading Range: 1.20-3.11 – Max Gain: 159%
$31 Calls – Trading Range:  .89-2.36 – Max Gain: 165%
$32 Calls – Trading Range: .42-1.56 – Max Gain: 271%

Shake Shack, Inc. SHAK –  Weekly $40-37.50 Puts

$40 Puts– Trading Range: 1.60-2.96  – Max Gain: 85%
$39.50 Puts – Trading Range: 1.35-2.65  – Max Gain: 96%
$39 Puts – Trading Range: 1.19-2.46  – Max Gain: 107%
$38.50 Puts – Trading Range: 1.30-1.96  – Max Gain: 51%
$38 Puts – Trading Range: .92-2.76  – Max Gain: 200%
$37.50 Puts – Trading Range: .69-1.25  – Max Gain: 81%

Extended Watchlist:
MINE, ROYL, NWTR, NWPN, GRNH, MXSG,
PPHM(Coming off annual lows w/ large gap to fill)

Blue Horseshoe Stocks: Reviewing a Monster Monday

Monday’s Huge Winners

We kicked off the week in grand fashion yesterday, with what was easily the most successful single session for stocks we’ve had so far in 2016. We had an incredible three picks, all energy-related stocks, make gains of at least a hundred percent concurrent with the continued bolstering of oil prices.

SandRidge Energy, Inc. SDOC

We continued to track SDOC yesterday, after our mention in Friday’s premarket report netted a chance at up to 35% in intraday gains (.05-0674), and the surge was sustained and multiplied. After gapping up to open at .075, the stock bulled its way to an afternoon high of .154, for a solid double-bagger (105%).

From our observed low of a nickel on Friday, yesterday’s high marked a two-session swing of 208%

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Penn Virginia Corp. PVAH

Undoubtedly our top-gaining pick of the day, PVAH was off to the races promptly at the open.

It was a pleasure to watch as it spent the entire session in beast-mode, ramping its way up from .112 to .38 on immense volume! That’s an increase of 239% on the day, so big cheers go out to any of our readers who were able to take advantage of this gem!

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Goodrich Petroleum Corp. GDPM

GDPM came up big as well with an excellent intraday run, while managing to hold a majority of its daily advances into the close.

It started out with a rip from .0875-.1998, an intraday move of 128%, and came in at .174 at the closing bell, finishing the day on roughly 5x its 3-month average volume.

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Linn Co. LLC (LNCO)

While LNCO didn’t crack the double-bag threshold, it certainly had a solid session and came close. The stock traded in a range from .95-1.70, offering up intraday gains if up to 79%

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Breightburn Energy Partners, Inc. BBEP

BBEP also put forth a modest, yet respectable performance, rounding out our group of gainers for the day with a run from .80-1.25. That gave folks a shot at gains as high as 56% on the day.

Options Ideas

We’re also going to go ahead and formulate a couple of options trading ideas this morning- one long, and one short:

Urban Outfitters, Inc. URBN – Weekly $29-32 Calls  

Shake Shack, Inc. SHAK –  Weekly $40-37.50 Puts

Extended Watchlist:
AXPW, PPCH, BLKG, TPLM, EGLE, SBGL, SKLN(Possible Rebound Play)

Blue Horseshoe Stocks: SDOC Recap & More


SandRidge Energy, Inc. SDOC

Our mention of SDOC in Friday’s premarket report turned out to very well-timed. We’ve had the stock on our radars since early this year, and  pushed it to the back burner for awhile, having so many other items of interest on the table.

We circled back around to it on Friday, just in time to catch a solid single session performance as the stock ran from a low of a nickel up to .0674; that works out to a 35% intraday increase on fairly heavy volume.

We’ll continue to keep an eye on SDOC, which appears to be ready to gap-up slightly today, for a breach of the 50DMA at .08.

Celldex Therapeutics, Inc. CLDX

We’re going to tag CLDX this morning as a bottom-watch play with serious rebound potential. Our bottom-feeder alerts are sounding loudly as we’re seeing the stock take an absolute nosedive on news of the cancellation of the company’s late-stage brain tumor vaccine study.

We’re always on the lookout for knee-jerk selloffs (which often transition into recovery plays), and CLDX has lost roughly half its value solely on the perceived effect of the announcement.

It’s worth it to mention that the company still has seven clinical trials underway on other products, so the discontinued project is by no means the only thing in the company’s pipeline.

We’ll be interested to track the action in CLDX in coming sessions as investors adjust to this morning’s events.

Extended Watchlist:
DCLT, PVAH, GDPM, WRES, LNCO, BBEP, CLF, KEG