HEMP Archives - Page 2 of 15 - Blue Horseshoe Stocks

Another Green Rush for Marijuana Stocks?

Big Time Options Success Persists

The title of our report that we sent out on Friday morning was “Another Dream Week of Options Trading”, wherein we patted ourselves on the back for connecting on some serious options gainers every day of the week.

We would continue that trend with Friday’s fresh options ideas, offering up four separate ideas and hitting big on each and every one of them. Take a look at the incredible single session gains that were available to ourselves and anyone who caught our premarket report. Out of all four of our highlighted target ranges, multibag gains were there for the taking regardless of the chosen strike price.

SQ Weekly $177.50-185 Calls
$177.50: 6.07-23.60 (+289%)
$180: 4.08-20.77 (+409%)
$182.50: 2.53-17.94 (+609%)
$185: 1.59-16.05 (+909%)
_____

CVS Weekly $62-63 Calls
$62: .98-5.30 (+441%)
$62.50: .77-4.70 (+510%)
$63: .55-4.30 (+681%)
_____

Two of our options plays from Friday were high profile marijuana-related stocks, a sector that we have a high interest in, and in addition to logging massive gains on the options front, the stocks themselves also outperformed many others on on the day and into the premarket this morning. TLRY has run from 8.45-14.36 while CGC increased from 21.90 to 27.25. Those moves made the following gains possible for our designated options targets:

CGC Weekly $21-21.50 Calls
$21: .92-4.00 (+335%)
$21.50: .70-3.40 (+386%)
_____

TLRY Weekly $7.50-8.50 Calls
$7.50: 1.00-4.43 (+343%)
$8: .44-4.00 (+809%)
$8.50: .31-3.50 (+1029%)

It appears we are witnessing a revitalization of the cannabis sector, which we have long been touting as a favorite market space of ours. Since the first Green Rush in 2012, we have been extremely interested in the marijuana industry and we could be on the verge of another big green wave of success! For that reason, we will dedicate our entire extended watchlist to cannabis plays today.

Fresh Options Ideas:
MCD Weekly $225-230 Calls
PLUG Weekly $18.50-20 Calls

Cannabis Watchlist:
ACB, APAH, SNDL, MJNA, PHOT, TRTC, ERBB, GRNH, CBDS, CNBX, NIUGS, MSRT, HEMP, WDRP

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.

More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.

Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
_____

Fresh Options Ideas:
GSX 06/19 $30-35 Calls
STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls

Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

Blue Horseshoe Stocks: HEMP Update

Hemp, Inc. HEMP

Because of the absolute bloodbath having been experienced by the market of late, it is easy to forget the huge development for those with vested interests in hemp, the male form of the cannabis plant. Of course, one of its biggest proponents for quite some time has been the aptly named, Hemp, Inc.

The recent passing of the farm bill that effectively green-lighted the hemp industry nationwide is a game changer, and it certainly showed up on the chart, which experienced a heck of a spike. Following our alert on HEMP from just a few weeks ago, the stock ran from .0292 up as high as .054, a move of 85%

There has been some pullback since then, but in general HEMP is a stock that we’re going to be very interested in tracking into the New Year. There is a golden cross setup in the works for the chart, so we could be looking at the next leg-up sooner rather than later.

The company has talked a big talk when it comes to federal legalization, and now that it has become a reality, we expect to see solid efforts from HEMP in 2019, starting with the cleaning up of its reporting status on OTC Markets.

Extended Watchlist:
ASNS, IMMU, MB,

Blue Horseshoe Stocks: NKE Options & More

Nike, Inc. NKE

We’re seeing a possible opportunity for NKE to close out the week today, despite the continued bearish activity for the markets at large. Like a lot of stocks, NKE is at its lowest prices in quite some time; in this case, seven months. But we are seeing the makings of a potential quick-strike play here, and we’d like to signal some options ideas to coincide with the present situation.

We;re going to focus in on the NKE Weekly $73-74 Calls after the company logged a beat on both earnings and revenues in its post-market release yesterday. Additionally the company provided stout guidance, so if anything has a chance to buck the trend and put forth a bullish session today, it would be Nike.

New Age Beverages, Inc. NBEV

Speaking of bucking the trend, NBEV, another anomalous performer that we’ve been tracking for quite some time has been flying in the face of current market sentiment for six weeks now.

When we high;lighted this stock on the morning of November 15th, it was trading for as little as 3.30, and after weeks of bullish sentiment, the stock has reached new highs at 6.90, which accounts for a move of 109%

Extended Watchlist:
CM, PLUG, ZNGA, VIVO, CGC, NTES, HEMP

Blue Horseshoe Stocks: Options Review & HEMP

Options Review

We’ve placed a lot of focus on options plays this week, and thanks to the help of a solid day for the markets, we saw excellent opportunities for quick strike profits in a couple of them yesterday. Our primary order of business today is to go over the gains that have been made possible by some of our ideas.

The Netflix Inc. NFLX 01/25 $290-300 Calls were an idea we submitted in yesterday morning’s premarket report, and we saw some moderate increases in all five of those contracts, which were as follows:

$290 Calls – Range: 14.15-16.30 – Max Gain: 15%
$292.50 Calls – Range: 11.00-14.70 – Max Gain: 34%
$295 Calls – Range: 10.05-16.25 – Max Gain: 62%
$297.50 Calls – Range: 11.25-14.00 – Max Gain: 24%
$300 Calls – Range: 8.60-13.07 – Max Gain: 52%
____

We also formulated an idea for the SPDR S&P500 ETF (SPY) on Tuesday morning, the SPY Weekly $266.50-268.50 Calls, and those have flourished thanks to the bullish session for stocks in general yesterday. Here are the ranges on those contracts so far:

$266.50 Calls – Range: 1.25-3.55 – Max Gain: 184%
$267 Calls – Range: 1.02-3.20 – Max Gain: 214%
$267.50 Calls – Range: .89-2.86 – Max Gain: 221%
$268 Calls – Range: .74-2.60 – Max Gain: 251%
$268.50 Calls – Range: .66-2.28 – Max Gain: 245%

_______

Hemp, Inc. HEMP

We also wanted to make mention of HEMP, a long-time familiar play which we most recently tagged on November 30th, subsequent to which time we would observe a low of .0292.

Thanks to the passing of the farm bill in the House by a landslide, hemp and its byproducts, which includes CBD, has just been legalized at the federal level. That means big things for HEMP, and many other companies involved in CBD production and distribution. The news led to a new high of .045 for HEMP- a 54% move over our observed low from a couple of weeks ago.

Extended Watchlist:
OPTT, IPCI, BLIN, CRIS, VTL, DPW, GE, PAYX, ADIL, NBEV