Blue Horseshoe Stocks: Options Review & More

Options Updates

Under Armour, Inc. UA – On Thursday, we signaled interest in the UA Weekly $45-48 Calls and as you may recall, on that day we were provided the chance at gains spanning from 42-186% from contracts within the range. We mentioned the following morning that we expected to see further moves out of them. Our assumption proved accurate.

Multi-bag intraday gains were there for the taking, and the trading ranges in some cases exceeded any of the big gains we’d seen on Thursday by a wide margin: 

$45 Calls – Trading Range: .87-2.05 – Max Gain: 136%
$45.50 Calls – Trading Range: .54-1.54 – Max Gain: 185%
$46 Calls– Trading Range:  .20-1.10  – Max Gain: 450%
$46.50 Calls – Trading Range: .10-.57 – Max Gain: 470%
$47 Calls – Trading Range: .02-.20 – Max Gain: 900%

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Bank of America Corp. BAC  – We were also targeting BAC options last week, namely the BAC 07/15 $15 Calls which we signaled for observation on Wednesday morning. That day we witnessed a low of .51 in those calls, and the performance was quite respectable for the remainder of the week, culminating in a high of .85 on Friday.

We’re going to want to leave this play on our radar, with so much time remaining until their expiration, we may yet see further opportunities arise.


Lithium Corp. LTUM

We also want to make a quick mention of LTUM, which appeared on our watchlist on Friday, and subsequently made a notable move.  The stock traded in a range from .10-.1349, for gains approaching 35%


Adding to the Radar

We took a look around this morning for a few new items of interest as we kick off another trading week, and came up with the following four stocks, three of which are in the biopharma sector. Half are catching our attention with fresh news out this morning, and the other half have attractive features on their charts.

FRESH NEWS:

EP Global Communications, Inc. EPGL

Johnson & Johnson Vision Care, Inc. Secures Exclusive Right of First Negotiation to EP Global Communications, Inc. Ophthalmic Technologies (Mon 7:10AM EDT)

Protea Biosciences Group Inc. PRGB

Protea announces license agreement with Yale (Mon 8:00AM EDT)

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INTERESTING CHARTS:

TetraLogic Pharmaceuticals Corp. TLOG  & StemCells Inc. STEM are also going on our watchlist after we’ve identified gaps on both charts in need of filling. We’re going to keep an eye on this pair over the next few sessions and see how it shakes out.


Extended Watchlist:
ADCF, ASUV, AVXL, HMPQ, ROSV, SFOR

Blue Horseshoe Stocks: Options, MHRC Updates & More

Magnum Hunter Resources, Inc. MHRC

We’ll kick things off this morning by updating everyone as to the status of MHRC, which we placed in Monday’s premarket report as a bottom-watch play. We really couldn’t have timed our alert any better, and after registering a low of .021 Monday, the stock has made continuous progression throughout the week.

Yesterday, after seeing a low of .0257, MHRC ran as high as .0337, marking an intraday move of 31% As measured from our observed low on Monday, yesterday’s high represents a three-session swing of 60%

We’ll continue to remain interested in MHRC in sessions to come provided it continues to establish higher lows as it has been doing. As we’ve pointed out on the following chart snapshot, a number of factors lead us to believe that upside potential remains high with this play. The stock was beaten back vigorously earlier this month, and there are even a couple of gaps to fill on the chart.


Options Updates

We’d now like to update our readers on our options ideas from Tuesday, which included targets in the WMT and HD chains- Yesterday we stated our belief that action in WMT and HD stocks could provide options traders with further opportunities for swing trades and as it happened, we were right. 

Walmart-Stores Inc. WMT – For WMT the bullish run continued, and some of the contracts we were observing recorded substantial intraday moves. Possible gains ranged from the $58 Weekly Calls, which traded in a range from 1.81-3.06, allowing for gains of up to 69%, to the $60’s which ran from .26 to 1.16 for a huge 316% rip.

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The Home Depot, Inc HD executed a textbook dip-and-rip rallying into the close, and all of the contracts we originally signaled made big swings:

$123 Calls – Trading Range: 2.10-3.55  – Max Gain: 69%
$124 Calls – Trading Range: 1.30-2.55  – Max Gain: 96%
$125 Calls – Trading Range: .72-1.73 – Max Gain: 140%
$126 Calls – Trading Range: .33-.99 – Max Gain: 200%


Wednesday’s Other Notable Moves

In addition to the preceding plays, the following pair also made some solid intraday pushes after appearing in our morning report:

Axion Power International, Inc. AXPW turned in a nice intraday performance as it ran from a low of 1.10 to 1.60, for gains of up to 45% on nearly ten times its 30-day average volume.

Advanced Defense Technologies, Inc. ADCF ultimately ended taking a pounding into the close, but before that happened, it made a noteworthy pop straight out of the starting gate, running 39% from .0079 to .011.


Extended Watchlist:
BCCI, IDOI, JAMN, EFFI, NUVI, MARA

Blue Horseshoe Stocks: Recapping Tuesday’s Epic Session & More

Premier Biomedical, Inc. BIEI

First up this morning is a review of the eye-popping performance of BIEI so far this week. We included it in Monday’s premarket report and the stock ran 180% intraday from .003-.0084 during that session. After a strong close which we felt qualified it a prime momentum-play candidate, we reiterated our interest yesterday morning. BIEI rewarded us yet again!

From the previous day’s closing price of .0077, we witnessed the stock explode to a daily high of .0329, an excellent intraday move of 327% From Monday’s low of .003, the high represents a swing of 997% That puts BIEI just shy of ten-bagger status in a period of only two sessions!

Big cheers go out to any of our readers who were able to take advantage of this play.

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VIDEO RECAP:

We’ve prepared a video chart this morning to go over the stellar performance of not only BIEI, but also a couple of other stocks that have recently appeared in our reports that had some nice moves of their own. Lithium Exploration group Inc. LEXG (.096-.19, +98%) and Pleasant Kids, Inc. PLKD (.12-.185, +54%) had both already provided us with huge opportunities heading into yesterday, and both added to those performances in a big way. View this quick video for the full breakdown:


Options Recap

We formulated some options ideas to include in yesterday’s report, and as has become a regular occurrence for us in the options-trading arena, they all went absolutely haywire!

Walmart-Stores Inc. WMT and The Home Depot, Inc HD,were both running on earnings in the premarket and as a result, we called out our interest in WMT Weekly $58-60 Calls and HD Weekly $123-126 Calls. It wouldn’t have mattered which strike prices were chosen by traders, big profits were possible in every single case:

WMT Weeklies
$58 Calls – Trading Range: 1.43-2.90 – Max Gain: 113%
$58.50 Calls – Trading Range: 1.06-2.41 – Max Gain: 127%
$59 Calls – Trading Range: .70-1.96 – Max Gain: 180%
$59.50 Calls – Trading Range: .45-1.50 – Max Gain: 233%
$60 Calls – Trading Range: .25-1.08 – Max Gain: 332%

HD Weeklies
$123 Calls – Trading Range: 1.20-3.36  – Max Gain: 180%
$124 Calls – Trading Range: .82-2.56  – Max Gain: 212%
$125 Calls – Trading Range: .46-1.78 – Max Gain: 287%
$126 Calls – Trading Range: .25-1.05 – Max Gain: 320%

It wasn’t our first spot-on set of options calls that led to chances for epic profits, and you can rest assured that it won’t be our last. For now, both of these options chains could provide us with even further opportunities, although we may need to look at rolling our strike prices up to stay close to the money. Especially in the case of HD, the $127 and possibly $128 Calls may see heavy action; the stock is gapping up again this morning as sector rival Lowes beat on earnings today as well.


Extended Watchlist:
ACTL, ADCF, AXPW, CDII, MARA, MHRC, PTRA

Blue Horseshoe Stocks: New Options Ideas, Rebound Play & More

JC Penney Company Inc. JCP – Options Review

If you recall yesterday’s premarket report, we were targeting some JCP options calls to play off of the anticipation of this morning’s earnings release. Our idea returned some nice opportunities for intraday gains. We were specifically looking to the JCP Weekly $8.50 Calls for these chances, and those contracts traded in a range from .39-61 during yesterday’s session. That made it possible for traders to bank up to 56% in intraday profits.

As for JCP’s Q3 earning release, expectations were exceeded and yet the stock is still down considerably in the premarket. Many people are citing an overall struggle for the retail sector as a whole this quarter as the reasoning behind some of the less-than-spectacular performances we’re seeing.

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Fresh Options Ideas:

To finish out the week, we’ll formulate a couple of quick-strike options ideas to correspond with the general sentiment of the markets this morning. Stocks have been continuing to struggle, presumably due at least in part, to the uncertainty of a potential rate-hike next month. As a result the UVXY (can be thought of as a ‘market fear’ indicator)  just made its biggest move of the past few weeks and looks like it wants to head higher this morning.

To play into this potential trend we’re going to flag both the UVXY Weekly $33-35 Calls, and the SPY Weekly 205-203.50 Puts for potential daytrading action.

Of course, if the markets pull a head-fake and appear as if they to want to rally, we can always jump to the other side of the fence with each idea. In that case we’d be observing the same strike prices, only with UVXY Puts and SPY Calls.

Bonus Idea: FIT Weekly $30 and 29 Puts


MannKind Corp. MNKD

We’re also going to put MNKD on watch in sessions to come; the stock established a new 52-week low on Wednesday, and followed that up with a significant rebound yesterday.

We’ll be on the lookout for the recording of higher highs and higher lows and a testing of key resistance at the 50DMA of 3.26, which from current levels, would spell a solid gain of 25% in and of itself.


Extended Watchlist:
ARCS, ADCF, TDEY, URBF,

Marijuana Stocks Blazing to New Highs in 2013

Marijuana Stocks Blazing to New Highs in 2013

On Monday, we encouraged everyone to check out one of our recent marijuana stock reports, where we highlighted no less than ten plays in the up-and-coming sector. We feel like a broken record at this point, having pounded the table on these stocks for a very long time, but we won’t quit parroting ourselves until we’re sure everyone understands: If you ever asked yourself “what is the next ‘big thing’?”, this is it. Marijuana stocks are the next big thing, and we’ve done our absolute best to show everyone we believe just that. It has become clear to most lawmakers that the advantages to ending marijuana prohibition, particularly from a fiscal standpoint, far outweigh any alleged drawbacks. The Marijuana Stock Index has risen over 900%% since October, and it’s no coincidence. Just take a look at this article explaining how the marijuana industry is gearing up for a “legislative windfall” regarding the legal status of the now mostly-illicit substance.

This week, MWIP has thus far traded in a range from .0585-.12 gaining 105% If you take into the account the low since we first mentioned MWIP (.0024), our total cumulative gains have reached a staggering 4900% as of yesterday’s high.

ERBB hit a high of .0163 yesterday, which represents move of 104% from this week’s previous low of .008.

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PureSafe Water Systems, Inc. PSWS

PSWS has been a successful new play on our watchlist, performing very well so far this week. It first appeared on our extended watchlist on Monday, when it was trading as low as .0049. Yesterday the stock closed at the high of day at .0075, a 53% gain from Monday’s low.

This morning’s PR:

PureSafe Water Systems, Inc. (OTCQB: PSWS) Announces The Signing Of An Exclusive Worldwide Sales And Marketing Agreement And An Engineering Package Agreement

PLAINVIEW, N.Y., Feb. 13, 2013 /PRNewswire via COMTEX/ — Leslie Kessler, CEO of PureSafe Water Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS), is pleased to announce the signing of strategic agreements with Global Equipment Marketing, Inc. (“GEM”) and Engineering Technologies Group, Inc. (“ETG”) of Hopkinton, MA.
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Peregrine Pharmaceuticals, Inc. PPHM

Those of you who have followed us for long enough, know that PPHM is an old-time favorite of ours. We’ve tracked this play for the better part of a year now, and in that span, we’ve seen it make some stellar gains.

PPHM first began appearing in our watchlist in mid-August 2012, as it ran from 2.30-3.09, after which time it pulled back to 1.76, before skyrocketing as high as 5.50.

More recently, we’ve been looking for PPHM to challenge 2.78, a recent swing high, that represents the current main area of resistance on the chart. The company released favorable test results for its pancreatic cancer treatment this morning, so be sure to check this stock out if you have not  already done so.

This morning’s PPHM headline reads:

Peregrine Pharmaceuticals Announces Results From Phase II Clinical Trial of Bavituximab in Stage IV Pancreatic Cancer

Top-Line Results Demonstrate Signs of Anti-Tumor Activity; a 28% tumor response rate as opposed to the control group which posted a rate of just 13% These statistically significant results have the stock trading up 20% pre-market, so today should get interesting for PPHM.
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Extended Watchlist:
ADCF, BMSN, GRPN, ZNGA, IGC,

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