Blue Horseshoe Stocks: AAPL Review & More

Apple, Inc. AAPL – Options Review

We’re now mentioning the calls we made for the Apple options chain on Tuesday for the third consecutive day, after each of our tracked contracts yet again set new highs during yesterday’s session.

To refresh your memory, we slated the AAPL Weekly $150-155 Calls for observation in Tuesday’s premarket report, and they provided solid gain opportunities ranging from 78-146% that day.

Here are the updated figures showing the lows from Tuesday, to the new highs attained yesterday.

$150 Calls – Range: 2.30-4.80 – Max Gain: 109%
$152.50 Calls – Range: 1.00-2.55 – Max Gain: 155%.
$155 Calls – Range: .28-.89 – Max Gain: 218%



Fresh Options Ideas


While we’re on roll with options calls, we might as well let it ride by selecting a couple of other ideas that are worth monitoring.

Tiffany & Co. TIF - Tiffany’s chart is showing a decent bottom setup, while some insider buying was reported this week near 4-month lows. We’re going to highlight the TIF 10/20 $92-93 Calls and keep them on our radars in the days and weeks ahead.

Blackberry Ltd. BBRY - For a more short-term idea, we’re going to signal the BBRY Weekly $9.50 & $10 Calls on the heels of Blackberry’s premarket earning beat. Prior to today, the stock has hovering around a solid level of support at roughly $9 for quite some time, but today’s release could definitely have a positive effect on the chart. The company posted a beat on profits and revenue, while software sales set company records.


Extended Watchlist:
ZYNE, ADHD, IZEA, CHFS, AQMS, GALE, OPGN, AEMD, VTGN

Blue Horseshoe Stocks: Updates, New Ideas

ITUS Corp. ITUS 

As we were just mentioning yesterday, we first highlighted ITUS in Thursday’s premarket report, and later that day we observed a low of 1.92. Friday and Monday both brought the recording of higher highs and higher lows, and yesterday followed suit.

We watched as ITUS pushed upward once again, trading in a daily range from 4.00 to a new high of 5.15. It worked out to an intraday move of 29%, and an overall increase of 168% over the low we witnessed on the morning of our initial alert. For a stock that was already approaching $2/share when we came upon it, that’s a fantastic four-day swing.


IZEA, Inc. IZEA

Speaking of higher priced stocks we’ve called that have made some impressive moves, we’re talking about IZEA again as well. We called it on Monday morning, and saw a move from 4.54 to a high of 6.35 (+40%) that day, and specifically reiterated our signal yesterday morning.

It’s a good thing we did, because the stock wasn’t finished running. It made a modest 25% move up from a low of 5.73 to a new high of 7.17. That works out to an admirable two-day swing of 58%


Apple, Inc. AAPL – Options Recap

Yesterday morning we noted the fact that AAPL was showing signs of a reversal and rebound after a selloff period. We mentioned that we’d radar the AAPL Weekly $150-155 Calls for quick-strike trade opportunities and our idea worked very nicely.

Regardless of which strike price was chosen in our selected range, the chances for considerable intraday profits were on the table. The potential gains on the day were as follows:

$150 Calls – Range: 2.30-4.10 – Max Gain: 78%
$152.50 Calls – Range: 1.00-2.07 – Max Gain: 107%.
$155 Calls – Range: .28-.69 – Max Gain: 146%


Marathon Patent Group, Inc. MARA

We also want to talk about MARA this morning, as we’re noticing an interesting chart setup currently in effect. The laast time we mentioned the stock was in July, and while we were a little early to party as it was still searching for a bottom, it didn’t take more than a few weeks for the stock to ultimately establish support and launch a rebound off a low of .22.

Since that time, the stock has made a nice move to the tune of 127% as it reached a high of .50 this week. We’re going to look out closely for a potential breach of a previous resistance point at .56, after which the stock could see another leg-up. As you can see on the snapshot below, the MACD is executing a bullish cross while the RSI shows MARA about to break into the Power Zone.


Extended Watchlist:
AZRX, AVGR, DYNT, IMNP, HTBX, GNCA, MARK, TRPX

Blue Horseshoe Stocks: IZEA, ITUS Recaps & More

ITUS Corp. ITUS 

We included a tag of ITUS in this past Thursday’s premarket report, after noticing the stock’s liquidity and price action increasing in a big way in the sessions leading up to that.

Despite already seeing big moves to that point, it was just the start for the excellent run made by this stock in the last three sessions. We observed a low of 1.92 in ITUS on Thursday, and yesterday the stock reached a new high of 4.30. That represents a three-day swing of 124%

Volume over the same period has been vastly greater than average. The whole trend was catalyzed when the company updated shareholders on its cancer detection technology, on the morning of our initial alert.


Helios and Matheson Analytics, Inc. HMNY

We’ve been tracking HMNY since  August 15th, where-after we witnessed a low of 2.42.
We were just mentioning this, and the fantastic multi-bag moves the stock has made since, in yesterday’s premarket report. We also mentioned that based on the previous close, that we’d “look for the continued establishment of higher highs and higher lows.”

Despite already having gone up so much in the course of the last five weeks, the stock’s excellent performance yesterday did push it to new highs yet again. In fact, it streaked all the way to 9.65, representing an overall move of 299% since we began tracking its activity.


IZEA, Inc. IZEA

We also want to reiterate our signal on IZEA yesterday, which made a move of 40% in trading up from its morning low of 4.54 to a high of 6.35. It was a respectable gain, but this morning the stock is gapping up and pushing the $7-mark, so we’ll jeep our eyes peeled for the possibility of a more sustained uptrend.


Apple, Inc. AAPL – Options Idea

With the hint of a reversal and rebound after a rapid weeks-long selloff in AAPL, combined with a premarket gap-up this morning, we’d like to signal a range of AAPL calls to coincide with the activity and possibly help us find some quick-strike trade opportunities. We’ll radar the AAPL Weekly $150-155 Calls to try to do just that.


Extended Watchlist:
INPX, ASNA, MBRX, CDXC, FCSC, TEUM, MYSZ

Blue Horseshoe Stocks: Multiple Updates

FutureLand Corp. FUTL

After already showing us a multi-bag swing from our initial alert on Friday to new highs on Monday, FUTL put up another solid performance yesterday. The stock traded in an intraday range from .0024 in the morning, and edged it way up all day to hit a new high of .0037 shortly before 2PM. That works out to a 54% push on the day, accompanied by roughly six times the monthly average volume.  .

From our observed low of .0012 on Friday, the stock has now managed a three-session swing amounting to 308% and will hold our interest as long as it continues to register higher base levels of support.


Apple, Inc. AAPL  – Options Recap

We figured to take advantage for the hype surrounding Apple for its big iPhone 8/X event, and there was enough price action and volatility throughout the day so as to present two separate opportunities for intraday swing trades.

We were looking at the AAPL Weekly $160 & $162.50 Calls, each of which exhibited the same pattern of an early run, followed by a dip-and-rip for a secondary move in the afternoon.

The $160′s first ran from 2.44-4.58 (+88%), and then from 1.07-1.98 (+85%), while the $162.50′s traded from 1.29-2.77 (+115%) initially, followed by a later move from .45-.80 (+78%). All in all, some nice activity for our first AAPL calls in quite some time.


 Cracker Barrel Old Country Store, Inc. CBRL

Drawing us to CBRL this morning is a solid setup on the chart with the stock having recently reversed off of a bottom, in conjuction with a premarket earnings beat.  This is just the sort of scenario we’re always scanning for, and in this instance, we’re going to formulate both a shorter and longer-term options idea.

We’re going to place the CBRL Weekly $150 & 151.50 Calls as well as the 10/20 $155 Calls on watch in the days and week ahead.


Honorable Mentions:

Forterra, Inc. FRTA – After tagging FRTA in Friday’s premarket report, we’ve seen a pretty nice uptrend from the stock. It’s traded up from 3.66 to 5.25, a move of 43% We’ll want to continue to monitor its activity as we head through midweek.

Quotient Ltd. QTNT - We had QTNT in yesterday’s watchlist, and want to continue to track it after it made a similar move.  Also from a low of 3.66, QTNT saw a subsequent high of 5.14, which comes out to an intraday pop of 40%


Extended Watchlist:
SNAK, SDRL, ALDX, BVXV, TEUM, MVIS, BIOA, SLNO

Blue Horseshoe Stocks: AAPL Options & More

Apple, Inc. AAPL  – Options Idea

If you root through the seven year newsletter history archived at our website, BlueHorseshoeStocks.com, you would find that we’ve discussed AAPL more times than most stocks, even though we haven’t mentioned it much in recent times.

In fact, AAPL’s was the first go-to options chain that we focused on when we began including options trading ideas a few years ago. This morning, we’re coming back to this old favorite with a fresh idea to coincide with the current Apple hype.

The company is rolling out the new iPhone today, among other things, and iPhone announcements have historically provided some good ammunition for options traders. Today, we’re going to slate the AAPL Weekly $160 & $162.50 Calls for observation in forthcoming sessions as AAPL’s event is expected to drive up activity not only in its own stocks, but likely other tech stocks as well.


FutureLand Corp. FUTL

On Friday morning, we included FUTL in our watchlist, and the stock has made a solid two-swing for us. From Friday’s low of .0012 the stock set a new high of .0026 to kick off the week yesterday, which works out to an overall jump of 117% Yesterday’s big push came on volume of more than three times the monthly average.

We would also include a note of caution in terms of long term interest in this stock. The company dropped the news that it had entered into a joint venture with Greenleaf Holdings  that would “deliver solar technology to the cannabis industry”. Yet here it is, two months later, and there have been no further details given. We tend to be wary of companies that don’t keep a steady line of communication to shareholders.

That being said, we have seen some really nice movement on the chart as we mentioned above, so we’ll continue to keep an eye on FUTL.


Extended Watchlist:
ALDX, AEMD, CTIC, FRTA, HTBX, QTNT, OPGN, TA