Tag: ADTM

Blue Horseshoe Stocks: LULU Recap & Other Winning Calls

Lulu Lemon Athletica, Inc. LULU

First on our docket this morning is to provide a rundown of the excellent single-session gains afforded to us by our options trading idea in yesterday morning’s premarket report.

We signaled a range of contracts that we felt had a reasonable chance of success given its conditions leading up to the opening bell, and each of the seven contracts contained in our observed range of LULU Weekly $67-70 Calls.
yielded prime chances for quick-strike profits.

$67 Calls – Trading Range: 1.70-4.65 – Max Gain: 174%
$67.50 Calls – Trading Range: 1.41-4.45 – Max Gain: 215%
$68 Calls– Trading Range: .89-3.87 – Max Gain: 335%
$68.50 Calls – Trading Range: .79-3.22 – Max Gain: 308%
$69 Calls – Trading Range: .75-2.85 – Max Gain: 280%
$69.50 Calls– Trading Range: .56-2.56 – Max Gain: 357%
$70 Calls– Trading Range: .37-2.11 – Max Gain: 470%

Yesterday’s Other Winners

Also included in yesterday’s premarket report were a couple of plays on the stock side of things that turned out to be significant intraday runners themselves.

General Cannabis Corp. CANN – The cannabis space has been a bit touch-and-go in recent months, but we have not let that stop us from routinely scanning for opportunities in the sector, and that’s just what we found yesterday in CANN.

We watched as the stock traded up from a daily low of .73 only to hit a subsequent high of 1.22. That went down in the books as an intraday pop of 67% It was followed by a dip-and-rip that carried it on a second run from .7375-1.08 (+46%).
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Mountain High Acquisitions Corp. MYHI –  This is another cannabis related play that also enjoyed an appreciable move-up yesterday following our morning tag as a bottom-bouncer. MYHI traded in a range from .0235-.034, for a respectable 45% run on the day.

We’ll continue to track this along with the above mentioned play for further opportunities as we head into week’s end. Both have exhibited the type of volatility that can make for more quick in-and-out gains.

Adaptive Medias , Inc. ADTM

Lastly, we want to draw attention back to ADTM, which we we reminded our readers at the beginning of the week, was just coming off of its recently-registered annual low. It has since provided us with not one but two significant chances. On

Tuesday the stock ran from a low of .0027 right out of the starting gate to a high of .0044 shortly after 11am, for gains of up to 63%  Yesterday the action provided us with a follow-up chance, as ADTM traded in a range from .003-.004- a 33% pop. That came along with a strong close at .0038 as well as twice the average 30-day volume, so we’ll definitely be watching for ADTM to record higher highs and higher lows in sessions to come.

Extended Watchlist:
CERE, RADA, CLMT, TPLM, LOGG

Blue Horseshoe Stocks: Bottom-Play, Options & More

Adaptive Medias, Inc. ADTM

To kick things off on a fresh trading week this morning, we’re going to return to ADTM, a stock we’ve been familiar with in the past. We want to approach this play as a bottom-watch candidate. The stock has been in a general downtrend for the better part of four months, and just recently had been bashed back to a new 52-week low last week.

The stock has fallen, in just a short period of time, down into subpenny territory from prices of more than a dime a share just a couple of weeks ago. We’re always intrigued when a stock undergoes such a rapid sell-off, because in many instances, it leads to a serious rebound-play opportunity.

Should we be able to properly time the bottom, the potential rewards would be staggering if the stock managed to regain even half of its recent lost ground from current pricing. We’ll be sure to watch closely for that possibility.

Bank of America Corp. BAC – Options Idea

Sometimes, when searching for trading opportunities, the best way to identify items of significance is to follow the money. In the case of this morning, we’ve noticed an exceedingly high amount of open interest in BAC Calls, and are going to be looking to signal some longer-term contracts for monitoring in sessions to come.

Our highlighted targets in this instance are going to the BAC 07/15 $15 & 15.50 Calls. With such an extended expiration, it’s going to give us plenty of time to see BAC stock begin to approach that $15-mark again, and if/when it does, the gains in these contracts should prove to be quite significant.

Extended Watchlist:
BCCI, ONCI, QLTS, QUTR, GRSU, AMRS

Blue Horseshoe Stocks: Options Idea, Rebound Play

Alphabet Inc. GOOG – Options Idea

We want to start things off today by focusing on the possibility of taking advantage of the heavy activity in GOOG on the heels of its post-market earnings release yesterday. As one would expect from an untraded-upon earnings beat, GOOG is spiking considerably in early trading. On a related note, the new figures seem to have allowed Google to surpass Apple for the title of largest U.S. company.

We’ll be on the lookout for a potential early dip, then scan for the choicest action within the range of GOOG Weekly $780-800 Calls. We could be in line to see some hefty intraday and/or intraweek swings out of those contracts if things play out as we suspect they might.

3D Systems Corp. DDD

Despite a general bearish sentiment toward the 3D-printing sector as a whole in the media of late, we are seeing a potential opportunity with regard to DDD. Despite the array of poor publicity hitting newswires, the stock has been bucking the trend with a steady stair-stepping approach up off of its annual lows for the past couple of weeks.

The chart has an attractive look as you can see below, so we’re going to want to monitor DDD in the days and weeks ahead as its chances for an extended recovery seem fair.The first signal we’ll be looking out for is a breach of prior resistance at the highlighted level of 8.50.

Adaptive Medias, Inc. ADTM

ADTM took off like a rocket yesterday on news of a buyout offer of roughly nine times the company’s market cap leading into the session. What resulted was a scramble for shares, and the upward pressure pushed the stock all the way from an early low in the .40-range up to the mid-.70 area.

Subject to shareholder approval, the all-cash transaction would offer $35M, or 1.50/share. From current levels, reaching that price point would mark a roughly 100% move the the upside. We’ll have our eyes peeled for further updates on the deal, as well as the immediate effect that the news will continue to have on the stock.

Extended Watchlist:
PHOT, NEIK, VPLM, TPAC, CBDS, ASTI