Blue Horseshoe Stocks: Options Recaps & More

Options Roundup

We had put a couple of options ideas in place as we closed out the trading week on Friday, and found success across the board.

Amazon.com, Inc. AMZN – It took the better part of the entire morning on Friday for things to heat up for our AMZN puts, but once they did, it sent our highlighted options contracts on one heck of a ride. Those were the AMZN Weekly $780-772.50 Puts and they allowed for profits both approaching and exceeding ten-bagger territory!

Between roughly noon and 3PM, we saw an significant move to the downside which facilitated the following enormous gains:

$780 Puts – Range: .46-4.80 – Max Gain: 943%
$777.50 Puts – Range: .28-3.32 – Max Gain: 1085%
$775 Puts – Range: .14-1.80 – Max Gain: 1185%
$772.50 Calls – Range: .08-1.03 – Max Gain: 1187%

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Royal Caribbean Cruises, Ltd RCL – The contracts we chose for the RCL chain were the RCL 11/18 $67.50-72.50 Calls. These are extended term contracts with plenty of time left until expiration, which explains why the premiums were so high, and the moves were of a lesser magnitude than AMZN. Still, for a first day, we did see some notable gain opportunities, including a double-bagger:

$67.50 Calls – Range: 5.30-7.80 – Max Gain: 47%
$70 Calls – Range: 3.30-5.80 – Max Gain: 76%
$72.50 Calls – Range: 1.70-3.85 – Max Gain: 126%


Axion Power International, Inc. AXPW

We want to circle back to this old familiar play, which up until the past couple of weeks, had been on a continuous downslide for quite some time. Due to a number of factors, we’ll be interested in tracking the stock’s progress off of its recently registered annual lows.

On Friday, the stock made a nice move and temporarily cracked the 50DMA at .0131, which will be the key area of resistance of which we’ll be watching for a sustained break. As you can see on the chart below, the stock recently woke up off of being heavily oversold for an extended period, and we’re going to want to track every step of its recovery.


Extended Watchlist:
AKAO, MMEG, USRM, ZRZH, MGON, GLFH

Blue Horseshoe Stocks: Cannabis Updates, Options & More

Cannabics Pharmaceuticals, Inc. CNBX

We began talking about CNBX earlier this month, mentioning it on the 5th and 6th, as part of our ongoing effort to remind our readers of the myriad opportunities there are, and will continue to be, in the cannabis space. We’re now less than two weeks away from an election that should dramatically alter the landscape of the marijuana business.

CNBX is among a number of pot-related plays that we’ve had on our running tracklist, and with the help of a really strong month overall, it has come all the way from our observed low of .06 on the day of our initial mention (10/05) to a new high yesterday of .377. That works out to an increase of 528% inside of three weeks.

It wasn’t the first time we’ve seen such a huge move out of a cannabis stock, and it certainly won’t be the last.


MyDx, Inc. MYDX

Speaking of the cannabis sector, MYDX is another constituent of that space that we’ve been tracking this month only to witness some excellent moves to the upside.

We entered MYDX into the mix on the 10th, and subsequently observed a low of .0225. Since then it’s been a fairly steady ramp-up and yesterday the stock achieved a new high of .0525. It represents a total PPS rise of 133%, which, like the above-mentioned play, occurred in a span of less than three weeks.


Fresh Options Ideas

We’re going to close things out for the week with the following options ideas.

AMZN Weekly $780-772.50 Puts*

RCL Weekly $67.50-72.50 Calls*

*Don’t forget what we always say regarding the trading of weekly options on a Friday. Advanced traders ONLY!


Extended Watchlist:
CGRA, LQMT, ALKM, QEDN, TTCM, VOIS

Blue Horseshoe Stocks: EXMT Recap, Options & More

Tesla Motors, Inc. TSLA – Options Idea

With Tesla posting a big earnings beat yesterday post-market, we’re going to want to signal a range of corresponding options calls to potentially capitalize on this untraded-upon development.

We’ve used the TSLA chain to leverage huge options opportunities in the past, and it would seem that conditions are setting up to give us another good chance at some sizable gains this week. We’re going to focus in on the TSLA Weekly $207.50-212.50 Calls for possible daytrade and/or intraweek swing trade possibilities.


Anything Technologies, Inc. EXMT – EXMT was the standout of the bunch from our morning report yesterday. It was an opportune time to revisit the stock, which we hadn’t mentioned in one of our newsletters since early 2014.

The stock traded in a solid range from .0012 to a high of .0026 for a move of 117% and did so on approximately nine times its monthly average volume. Such activity is more than enough to earn it a continued slot on our watchlist.
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IMD Companies, Inc. ICBU – This play that we signaled for observation a week ago today has also been recording solid performances this week, and is related to the aforementioned play in that it is captained by the same CEO.

The stock found its low on Monday at .0033, and has since made one heck of a rebound. Yesterday the stock hit a penny even, marking an intraweek pop of 203%
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Dominovas Energy Corp. DNRG – Also appearing in yesterday’s report was DNRG, a stock we’ve been actively tracking for well over a year now.

It had been a few months since we last touched upon this play, so the timing here was quite good as well. The stock made a good move from .0022-.0032 on the day, for gains of up to 45%


Extended Watchlist:
CBMJ, GOPH, FTPM, AGTK, HCTI, ALYI,