Blue Horseshoe Stocks: Fresh Options Ideas & More

First we’d like to apologize for our email list members for the absence of yesterday’s premarket report. Our service provider was shut down for the most of the day rendering us unable to send our daily report via email. This is an exceedingly rare event, but in these cases, you can always bookmark and visit BlueHorseshoeStocks.com just before market open, as all of our newsletters are archived there for easy reference.

Alcobra Ltd. ADHD

We did include ADHD in yesterday’s report, but since many of readers happened to miss it, we’ll back up to the next most recent mention, when we alerted the stock on September 29th.

The stock did see sub-1.00 prices that day, but took a couple more sessions to see its low of .96. Since then ADHD has been on a steady run-up, culminating in a new high of 2.17, which represented a very nice 127% move in a three week period.


PayPal Holdings, Inc. PYPL

We want to highlight a range of options for PYPL after the company posted its quarterly earnings after market close yesterday. The stock has been on a nearly continual rise all year long, and in premarket trading today, PYPL shares have rocketed into blue skies, setting a new annual high with each uptick.

As we often do in these post-earnings beat gap-up situations, we’ll identify a set of options contracts in the PYPL chain to observe as things kick off this morning, in this case, the PYPL Weekly $71-72.50 Calls* for potential quick strike trades today.

*Important: Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s extremely risky.



AcelRx Pharmaceuticals, Inc. ACRX

ACRX recently fell off a cliff after the FDA rejected the company’s NDA for its Dsuvia drug, however ACRX believes it can meet the accompanying guidelines to eventually submit a successful application. We did alert that event in last Friday’s report, and meanwhile, the stock is gapping up this morning after having seen and bounced off of new annual lows yesterday. 

Recovering even a fraction of the ground it lost last week, could spell significant upswings for ACRX in coming sessions.


Extended Watchlist:
 AUPH, GALT, HMNY, INFI, ONVO, NEOT, BAC,

Blue Horseshoe Stocks: Updates, Options & More

First thing’s first- we have a few of updates from our premarket report on Tuesday, that we held over until today in favor of the Special Report which we published yesterday.

Neothetics, Inc. NEOT

One of the real standouts from our premarket report on Tuesday morning turned out to be NEOT, which stair-stepped its way steadily up the chart all day long.

From its low of .83, the stock traded up as high as 1.99, which worked out to an intraday increase of 140% and the move occurred on extremely high volume, to the tune of more than 85X the monthly average.

Yesterday, NEOT transitioned into consolidation mode off of that impressive high, so we’ll be monitoring it for support, because the recent volatility suggests that a significant rebound could ensue.


 TransEnterix, Inc. TRXC

We caught TRXC on Monday after it was reported that the company’s robotic surgery device got regulatory approval. The result was a very nice run from a low of  2.15 to 3.05 (+42%) on that day. Tuesday, we mentioned that we’d be on the lookout for further gains, and the stock did go on to hit new highs.

Tuesday TRXC ran from 3.28 all the way up to an even 5.00, an intraday gain of 52% and an overall increase of 133% from our observed low at the beginning of this week.

Yesterday, much like NEOT, TRXC began to pull back, and so we’ll also want to continuie watching this one for a potential dip-and-rip type formation.


Firefish, Inc. FRFS – Chatroom Call

FRFS was .0047 when we alerted it our trader’s chatroom on Tuesday morning. As of yesterday’s high of .077, we had witnessed a mind-blowing two-day swing of 1538% With the kind of price action and volatility we’ve seen exhibited by FRFS in the past two days, we’ll definitely want to keep our eyes peeled for further activity.

This play is another good example of why we encourage our members to get involved with this aspect of our daily activities. Ideas that come to us after 9AM Eastern don’t make it into our premarket reports, so the chats are your way to keep up with what’s moving in real time.

These Skype-based live chats are open to any of our readers. Just send a contact request to the username “stocksumo”.


Ulta Beauty, Inc ULTA – Options Idea

We’re looking at ULTA as a potential recovery play into the holiday season, as the stock just bounced off of a new annual low this week. Last week, a huge block of insider buying came in, on the order of more than $21M.

For some extended-term recovery ideas, we’re going to signal  and track the ULTA 12/01 $202.50-212.50 Calls and the 12/15 $210-225 Calls.


Extended Watchlist:
ADHD, ARNA, JAGX, MTBC LLNW, RGSE, PTN, QURE

Blue Horseshoe Stocks: BBRY Recap, AEMD & More

Blackberry Ltd. BBRY – Options Review

We were very confident in the options ideas we formulated for BBRY in yesterday’s premarket report, which were the BBRY Weekly $9.50 & $10 Calls.  We pointed to the company’s convincing earnings beat as being the reason we felt a solid move was in order, despite the fact that it had just been hanging around the $9 area without a lot of volatility for the preceding few weeks.

A solid move is exactly what we got, with BBRY stock running from 9.78 to 10.83 on the day. That facilitated some fantastic gain opportunities for anyone who was following along with our ideas, which both produced multi-bag intraday upswings.

The $9.50 Calls traded in a range from .37-1.26 for a gain of 240%, while the $10′s ripped extremely hard from a low of .12 all the way up to .76. That worked out to an increase of 533% marking the second consecutive week where we’ve alerted on an options idea and seen a single-session gain of over 500% (KMX, last Friday).

Important Note: Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s extremely risky.


Aethlon Medical, Inc. AEMD

The other top performer from yesterday’s premarket newsletter was AEMD, which, as you can see from the included chart snapshot, we alerted at the absolute perfect time. The stock had practically been in free-fall over the past couple of weeks, and we signaled the bottom with precision.

It traded in a range from 1.18 to 1.70, for a respectable intraday increase of 44% and closed at the high of day. This is a stock that was trading at nearly $4 just this month, and now we’re going to be monitoring to see how much of that ground it can recapture on the rebound. We’ll look for it to establish higher highs and higher lows. If it can manage to crack through the channel between the current 50DMA of 1.75 and September 11th’s swing high of 2.00, things could once again get very interesting for AEMD.


Extended Watchlist:
HMNY, VERI, ADHD, CONN, ZYNE, VKTX, DOLV

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: DCTH Review & More

Delcath Systems, Inc. DCTH
We flagged DCTH in Friday’s premarket reportas a prime bottom-bounce candidate that could be in line for a serious rebound, and even despite the markets as a whole taking a gut punch, it ended up being a great single-session play, and the NASDAQ’s top gainer.

From an early low of .0501 the stock surged as high as .0845, which works out to an intraday rise of 69% and it occurred on more than ten times the 30-day average volume, with DCTH logging its second-highest daily volume of all time.

We’d say our timing was extremely fortuitous on this rebound play, and with the kind price action and liquidity that we witnessed Friday, we’ll definitely be interested to see how the action unfolds to kick off this new trading week.


TrovaGene, Inc. TROV

We wanted to make mention of TROV this morning after noticing a cherry of a PR buzzing over the newswires. The company announced an agreement to provide tests and services for pharma giant AstraZeneca.

Whenever we see one of these smaller pharma company’s have joint news with a big player in the sector, we always want to pay attention to the stock. A perfect example of this is Pieris Pharmaceuticals, Inc. PIRS, which we signaled back on May 4th when that company also had news tying it to none other than AstraZeneca. What followed was a 55% run lasting nearly a month that took it from 3.26 the following day to a high of 5.06 last Monday, the 31st.

On the chance that TROV experiences a similar bullish push on the heels of its own AstraZeneca announcement, we’re going to be sure to have this one on watch in coming sessions.


Ascena Retail Group, Inc. ASNA

We’re also taking notice of a nice technical setup on ASNA, which owns the Lane Bryant retail brand among others, and was another of the NASDAQ’s top gainers of the day on Friday.

The activity came in the wake of a rather disappointing earnings release in terms of financials, but investors clearly responded well to the company outlook moving forward.

As you can see on the included snapshot, the stock picked up speed in its recent ascent off of a bottom, and began to fill a gap on the chart to the upside. We also have a number of other indicators pointing to a possible continued uptrend, so we’ll afford this stock a slot on our watchlist.


Extended Watchlist:
XBIT, DXTR, RWLK, ABIL, ADHD, ENRJ