Blue Horseshoe Stocks: ZYNE, LLNKF Recaps

LiteLink Technologies, Inc. (OTCMKTS:LLNKF)(CSE:LLT) – Update

When we profiled LLNKF in a special report yesterday morning, we mentioned that the stock was ‘dripping with upside potential‘, and we were essentially proven right immediately. The stock traded more volume than the two prior sessions combined (23X the 30-day average) as it ran from a low of .1157 on up to .197, which represented an intraday rise of 70%

LLNKF closed just a couple of ticks below its high of day, at .195, and anytime we see a stock do so, especially with increased volume and buying pressure, we definitely want to be on the lookout for a possible continuation of momentum. We’ll look for this play to register higher highs and higher lows and continue this bullish uptrend.


Zynerba Pharmaceuticals, Inc. ZYNE – Recap

We are going to revisit ZYNE this morning, a stock that we have been tracking since back in December, with a followup at the end of January, as well as another just a couple of weeks ago on April 30th. Throughout that period of time, ZYNE has appreciated by leaps and bounds.

Starting from the low we observed shortly following our December alert, at 2.75, the stock has run all the way up to an impressive new high of 15.98 this week. That marks an overall move of 481% since we’ve been watching this play. Readers who may have only caught the most recent report on April 30th, have still seen a range of 9.57-15.98-  a very respectable upswing of 67%


Fresh Options Ideas:
PINS Weekly $27-25.50 Puts*
DE Weekly $140-138 Puts*

*As always, we urge readers not to trade weekly options on a Friday if they are not advanced-level traders with access to disposable funds.


Extended Watchlist:
ADOM, GSAT, GEVO, OCUL, ACRX

Blue Horseshoe Stocks: Earnings Related Options Ideas

Earnings Related Options Ideas

As our regular readers are well aware, a majority of our focus in recent years has been shifted from straight stock trading ideas to options. More specifically, short-term options in companies that have just reported their quarterly earnings.

We are the absolute best newsletter for options daytrading in existence, routinely providing ideas with multi-bag gain potential each and every week. Our record, which anyone can view at any time in our archives, speaks for itself.

After a huge number of reporting companies just released their quarterlies and several high impact economic reports came back positive this morning, we’re going to revisit some ideas in a few chains that have been good to us in the past:

Shake Shack, Inc. SHAK Weekly $67.50 Calls
Weight Watchers International, Inc. WW Weekly $22.50 Calls
SPDR S&P500 ETF (SPY) Weekly $292.50 Calls

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Bonus Idea:

Biogen, Inc. BIIB has been largely trading sideways since its huge flop on its alzheimer’s drug back in March caused a massive cratering of the stock. We look for large gaps on charts like this, along with signs that a stock has reached its lowest likely trading value. The latter signal, we can infer from the huge blocks of insider buying at current levels which have been reported over the past week. Two Form-4′s amounting to a total of roughly $20M in insider buys suggest that the current base is solid. We’ll look to take advantage of a longer-term idea and track the BIIB 07/19 $240-250 Calls.


ARCA Biopharma, Inc. ABIO

Occasionally we do still provide straight stock ideas as well, when a solid bottom or news play catches our attention. We put ABIO on bottom watch at the end of March when it was trading in the upper-$6 to $7 range. The stock was under steady consolidation for the whole of April, and reached as low as 5.01 just this week before launching into a huge two day uptrend.

Yesterday it reached a new high of 20.45, which marks an overall rise of 308% We also re-tagged it in our premarket report yesterday, and for those that only put it on their radars following that alert, yesterday’s intraday move alone was fairly impressive. It ran from 12.03 up to the previously mentioned high, which marks a one day upswing of 70%


Extended Watchlist:
TROV, SUNW, UXIN, CBLK, BRKR, CBLK, RPD, ADOM, VTVT, ZIXI, IDEX

Blue Horseshoe Stocks: Options Recap, New Ideas

Options Recap

We ended our week with some fresh options ideas on Friday, which, like a good majority of our ideas, saw chances for multibag gains on the day.

ULTA Weekly $320-327.50 Calls*
$320 Calls – Range:
9.20-17.60 – Max Gain: 78%
$322.50 Calls – Range: 8.80-18.80 – Max Gain: 108%
$325 Calls – Range: 4.90-19.26 – Max Gain: 108%
$327.50 Calls – Range: 5.10-16.74 – Max Gain: 110%
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SPY Weekly $280.50-281.50 Calls*
$280.50 Calls – Range: .40-1.65 – Max Gain: 78%
$281 Calls – Range: .14-1.24 – Max Gain: 108%
$281.50 Calls – Range: .09-.79 – Max Gain: 108%

Fresh Ideas:
SPY 03/18 $281-282 Calls*

FIS 04/18 $110-115 Calls

*As always when we signal options expiring the same day of our report, we must insist that you NOT attempt any of these trades unless you are an advanced level trader with access to disposable funds!


Qudian, Inc. QD

We’re looking at a potential bottom-play in QD as we kick off the week also, which as you can see on the following snapshot, has a ripening chart at the moment. The company reported earnings this morning, which beat expectations, while revenues fell slightly short.

The stock could be setting up for another run at the $7.00 range or better, so we’re going to begin monitoring QD in upcoming sessions.


Extended Watchlist:
ABIO, ADOM, NAKD, SFET, NSPR,

Blue Horseshoe Stocks: ATVI Options & More

Activision Blizzard. Inc. ATVI

We focused on stocks quite a bit earlier on in the week, so this morning we wanted to take the opportunity to put another potential options play into the mix. We’re constantly looking for company’s that have just reported earnings, which gives us the potential for the volatility that we want.

In the case of ATVI, while its quarterly figures were lacking, the tock was at a bottom, and appears to want to go green today. We will put the ATVI Weekly $42-43.50 Calls on watch this morning, and monitor for the remainder of the week for a possible rebound off of what was its new 52-week low, registered on Monday.



SPDR S&P500 ETF (SPY)

Our regular readers are well aware of our fondness for the SPY ETF. We have taken advantage of it on many occasions. A quick peek into our archives reveals that today is the 114th time we’ve mentioned the SPY in our newsletters. It’s a well that we continue to draw from, with no indications of that ever changing.

Today, after such a big move yesterday wherein the SPY broke its 200DMA, we want to look for  continuation of the bullish behavior we’re observing. We will designate the SPY Weekly $274.50-275.50 Calls as ones to watch as we head through this midweek.


Extended Watchlist:
DBD, AVLR, FCX, ADOM, RWLK, YGYI, SN

Blue Horseshoe Stocks: YGYI Review & More

Youngevity International Inc. YGYI – Recap

Last Thursday morning, we included a tag of YGYI, and today we wanted to swing back around and update readers on the stock’s performance.

YGYI ended up producing a significant dip-and-rip opportunity, coming down to an even 6.00 low before taking off and hitting a high of 10.95 yesterday, in one of its biggest single-session moves of all time. It worked out to an 83% upswing. and put YGYI in blue skies, not to mention grabbing it the top gainer spot on the whole of the NASDAQ.



eBay, Inc.  EBAY – Update

We also want to circle around for the extended term options plays we selected for observation, also in last Thursday’s report. Those were the EBAY 11/23 $33-35 Calls, and they’ve gotten off to a good start for us so far. In the four sessions since we highlighted these plays, all three have produce gains of a significant nature:

$33 Puts – Range: 1.22-2.45 – Max Gain: 101%
$34 Puts – Range: .82-1.75 - Max Gain: 113%
$35 Puts – Range: .60-.86 - Max Gain: 43%

With tons of time remaining until expiration, we’ll be eager to continue tracking these ideas for further moves.


Extended Watchlist: 
ADOM, IGC, NBEV, BLRX, NVCN, RARX