Blue Horseshoe Stocks: MSDI Recap, PEP Options & More

Monster Digital, Inc. MSDI

We re-tagged MSDI for observation in yesterday morning’s premarket watchlist, and the stock ended up making a pretty good jump right out of the starting gate on a surge of huge volume to new new highs. This is a play that we first mentioned a few weeks back on June 19th, when it was trading in the .40-.50 range.

Yesterday it initially ran from 1.53 to its new high of 2.35 for an intraday swing of 54% though it didn’t manage to hold much of its advance into the close. Still, when all was said and done, MSDI ended up being the NASDAQ’s top gainer of the day, traded nearly sixty times its monthly average volume, and extended our total observed range since our first alert to a very respectable 408%

Pepsico, Inc. PEP – Options Ideas

Pepsi has been on a bit of a downturn of late, and despite its bearish moves of the past couple of weeks, we took notice of the fact that it has come down to rest around its 50-day moving average. The last time the stock spent any appreciable amount of time trading below that average, was more than four months ago.

Compound that with a chance for a boost from its scheduled quarterly earnings call next week (07/11), and it makes us interested to track some PEP options on the chance that the stock makes a rebound as we suspect it might.

We’ll take a look at the PEP Weekly $115 Calls for potential day/swing trades this week, and keep tabs on the PEP 07/14 $116 and $117 Calls in the event of a run into and/or following earnings this coming Tuesday.

Extended Watchlist:

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