Blue Horseshoe Stocks: AMD Review & More

Advanced Micro Devices, Inc. AMD

Our first order of business today is going to be to take a look at the incredible year AMD has had. We’ve mentioned it quite a few times along the way, but if we track all the way back to April 26th, we see that we caught this stock at a low of 10.61.

AMD has been an absolute juggernaught all year, and this morning in the premarket trades are going off at 33.25. That’s 213% higher than our observed share price this spring, and AMD shows little sign of slowing its gradual ascent.

In terms of options ideas, we are going to put an observation tag on the AMD Weekly $32-33 Calls.


Adobe Systems, Inc. ADBE

Yesterday morning for a fresh options idea,we stated that if we saw ADBE maintain support at or above 258.49, we were going to be very interested in the ADBE 10/26 $260-265 Calls.

The stock began to make the reversal we expected yesterday, and its activity fueled the first round of gains for our calls, which were as follows:

$260 Calls– Range: 8.05-10.50 – Max Gain: 30%
$262.50 Calls – Range: 7.25-8.50 – Max Gain: 17%
$265 Calls – Range: 4.85-7.85 – Max Gain: 62%

We would not be at all surprised to have to swing back around to report much larger gains down the road on these ideas, but yesterday’s activity was a solid start.


Extended Watchlist: 
CEI, GERN, YUMA, JONE, HUSA, NIHD, QTNT,

Blue Horseshoe Stocks: MU Recap & More

Micron Technology, Inc. MU

On Friday morning we spent most of our report updating readers on several great stock calls we’ve made in recent weeks, but we did include one fresh options trading idea, and we’re pleased to report that it was a resounding success, and a greta opportunity to daytraders to nail down some quick profits.

We targeted the MU Weekly $43-45 Calls and the whole range took off for the following impressive single-session gains:

$43 Calls – Range: .97-2.50 – Max Gain: 158%
$43.50 Calls – Range: .68-2.05 – Max Gain: 201%
$44 Calls – Range: .32-1.50 – Max Gain: 369%
$44.50 Calls – Range: .17-1.07 – Max Gain: 529%
$45 Calls – Range: .08-.68 – Max Gain: 750%

Our quick-strike options prowess has been second to none for quite some time now, and MU was another shining example of that! Big cheers to anyone who was able to take advantage.
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Adobe Systems, Inc. ADBE – Fresh Options Idea

For a fresh idea, we’re going to signal a longer-term set of contracts in the ADBE chain. The stock has a fairly predictable trading pattern, and appears to be approaching an up-cycle in the days or weeks ahead.

If we can see ADBE maintain support at or above 258.49, we are going to be very interested in the ADBE 10/26 $260-265 Calls.



Cool Holdings. Inc. AWSM

 
Also in Friday morning’s report was a tag of AWSM. We had just noticed it’s big day in the prior session, and included it in our daily watchlist.

The stock made an absolutely monstrous single-session run for something trading in the $11-range, running from a low of 11.11 to a high of 22.61 for a 104% intraday move. It also closed more than 80% in the green on the day!


Extended Watchlist: 
AMMA, AGRX, BPMX, TEUM, ONTX, ABX, SENS, GLOW, PDLI

Blue Horseshoe Stocks: NBEV Update & More

New Age Beverages Corp. NBEV

The performance of NBEV has been absolutely incredible this week, and we’ve been sticking with it the whole way. We were just mentioning yesterday morning how the stock set its all time single session record move on Wednesday, and yesterday set another new all time high for the second day in a row!

NBEV traded in a range from 5.27 to 7.85 (+49%) which also marked a total rise of 423% over our observed low of 1.50 following our initial alert on the 4th of this month. In post-market trading activity, the stock actually reached 10.34, which extends that figure to a gain of 589% in a matter of just twelve trading days!

With NBEV firmly in Blue Sky territory, there’s no telling where this ride will let off, but in and of itself, the performance exhibited by this play in recent weeks has been nothing short of amazing.
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Altimmune, Inc. ALT

Speaking of September 4th, that was also the morning that we tagged ALT for observation, and despit a very slow start to the month, this stock has absolutely exploded this week as well, even more so than NBEV.

ALT has traded in an absolutely mammoth intraweek range from a low of 4.27 to yesterday’s new high of 36.25. That’s an upswing amounting to 749% The fact that we’ve routinely come up with big board plays that blow their lids shows that while we’ve come a long way from the days of our focusing solely on penny stocks, we are still more than capable of identifying movers on the upper exchanges that are just as impressive!


SPDR S&P 500 ETF (SPY) – Recap 

Our fresh options trading idea for the SPY yesterday also bore fruit- after we signaled the SPY Weekly $291.50-292.50 Calls, all three contracts produced significant chances for traders to net a solid intraday profit.

We’ve traditionally been very good at playing the SPY options chain and this time was no different. The total possible intraday gains were:

$91 Calls – Range: .95-2.40 – Max Gain: 153%
$92 Calls – Range: .71-1.92 – Max Gain: 170%
$93 Calls – Range: .46-1.42 – Max Gain: 209%
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Fresh Options Idea:
Micron Technology, Inc. MU Weekly $43-45 Calls*

*Do NOT attempt to trade weekly options on Friday’s unless you are an expert level trader with disposable funds.


Extended Watchlist: 
ADT, IGXT, LCI, AWSM, ACAD, SDRL, ADBE

Blue Horseshoe Stocks: Options Roundup

GW Pharmaceuticals plc GWPH
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We said we’d be looking for action in the  in the GWPH Weekly $125 & $130 Calls yesterday after we learned the company had reacquired the rights to develop Sativex, a 1:1 THC/CBD extract blend oral spray product.

The result was a run from the stock that brought it to its highest PPS since March, and that move facilitated some very nice activity in our designated contracts. The $125 Calls saw a move from  3.00-5.90 for gains of up to 97%, while the $130′s tore up the chart, running a whopping 900% from .15-1.50!

There’s also a reasonable chance the solid trend could continue today, so we’ll be sure to stay on the lookout for that.


Fresh Options Ideas

Under Armour Inc. UAA – First up for new options ideas this morning we’ve got UAA, which is building a heck of chart setup in the wake of the revelation earlier this week that the company’s third-largest stakeholder had increased their position.

We’re going to set up shop with a short and extended term idea, homing in on the UAA Weekly $13.50-14.50 Calls, in addition to the 01/12 $14.50-15.50 Calls, in the event that its recent run of bullish activity is set to continue over a longer time frame.
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Adobe Systems, Inc. ADBE – In the case of ADBE, the company posted beats on both revs and earnings for Q4, and we’re always looking for a good post-earnings options trade. We’ll look to the ADBE Weekly $175-180 Calls.


Extended Watchlist:
RIGL, LFIN, RIOT, WPCS, GFI

Blue Horseshoe Stocks: Multiple Winners & More

Marathon Patent Group, Inc. MARA

We initially brought MARA into the fold on Thursday morning, when we highlighted it in our premarket report as a bottom-bouncer. The stock had just made a considerable move of off its recent relative lows the session prior, and looked set to continue into a multi-day run.

That certainly came to pass, with a solid performance on Thursday leading into yet another for Friday. On Thursday we observed a low of .22 and a moderate run into the .30′s but Friday, things ramped up to another level with MARA running from .24-.48 for an even 100% move on the day and a total rise of 118% over a two-day span.

That’s certainly a heck of a bottom-bouncer call. If things were to progress in a similar fashion to kick off the new trading week, today MARA could be looking at the fifty-cent range or better.


Defense Technologies International, Corp. DTII

We tagged DTII in Friday morning’s extended watchlist, and were very pleased with the solid intraday performance yielded by the play. The stock ran from a low of .0042 to as high as .0075 on the day, marking a move of 79%

The PPS pop was accompanied by a considerable influx of volume, on the order of more than six times the monthly average of shares changing hands. The past two sessions, in terms of price action and liquidity, have blown all others of the past few months out of the water, so we’re interested in seeing whether the stock can sustain this level of activity moving forward.


AVEO Pharmaceuticals, Inc. AVEO

We also tagged AVEO on Friday morning for the first time in a couple years, and the stock promptly turned around and set a new 52-week high on the day.  While the move itself was relatively modest, running 31% from 1.05 to 1.38, it did occur on mammoth volume, just a hair shy of 22X times the monthly average volume.

It did lose having held more than half of its daily advance, and is gapping up slightly in the premarket today, so we’ll definitely keep a slot reserved for AVEO on our watchscreens as we kick things off today.


Bed Bath and Beyond, Inc. BBBY – Options Recap

We went bearish on Bed Bath & Beyond on Friday with a set of options contracts to follow in the wake of their disappointing quarterly results, and it turned out to be a fantastic idea.

Our targets were the BBBY Weekly $31.50-30.50 Puts and regardless of which strike point was chosen, sizable gains were there for the taking:

$31.50 Puts – Range: 1.07-2.07 – Max Gain: 93%
$31 Puts – Range: .64-1.58 – Max Gain: 147%
$30.50 Puts – Range: .31-1.05 – Max Gain: 239%


Adobe Systems Inc. ADBE – Options Recap

We signaled some options for the ADBE chain on Wednesday, and the stock finished the week strong, and we witnessed some nice gains there as well. We were looking at the ADBE 06/30 $147 & $148 Calls, and both ideas have worked out nicely thus far.

The $147′s traded up from .35-.62 (+77%) while the $148′s ran from .17-.35 (+106%). Granted the nature of Friday’s session for ADBE, and these contracts not expiring until the end of this week, we wouldn’t be at all surprised to see these gains extended before it’s all said and done.


Extended Watchlist:
IDXG, PTN, SDRL, SPHS, RNVAZ, ZSAN,