Tag: ADXS

Blue Horseshoe Stocks: DAL Recap & More

Delta Airlines, Inc. DAL

Each day this week, we’ve recapped some options trading success, along with generating a fresh idea. Our streak of success continued yesterday morning, as we brought yet another new set of options ideas to the table, and once again, were met with solid single-session success.

We targeted the DAL Weekly $49.50-51.50 Calls after a solid beat on earnings, and are pleased to report that every single contract contained within that selected range produced multi-bag gains, as it has been with our other earnings related ideas from both this and last week.

$49.50 Calls – Range: .42-1.85 – Max Gain: 340%
$50 Calls – Range: .23-1.40 – Max Gain: 509%
$50.50 Calls – Range: .13-1.00 – Max Gain: 669%
$51 Calls – Range: .08-.67 – Max Gain: 738%
$51.50 Calls – Range: .03-.40 – Max Gain: 1233%
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Fresh Idea :
Wells Fargo & Co. WFC $56.50-54.50 Puts

Genesis Healthcare, Inc. GEN – Bottom Watch

We would like to place GEN on bottom watch this morning, after taking notice of the chart setup on our routine scan this morning.

As you can see from the included snapshot, we have a number of factors contributing to the stock’s attractive bottom setup. The stock has been falling sharply all week, cruising down toward its 200DMA at an alarming rate. Additionally, we have a MACD which is exhibiting unsustainable downward divergence, and an RSI indicating the stock has just entered extremely oversold territory.

This is exactly the sort of setup we look for in potential bottom bounce plays, and we’re going to slot GEN for observation in coming sessions to be ready for that eventuality.

Extended Watchlist:
GLMD, BIOC, MEIP, CPRX, ABIL, ADXS, GOGO BLIN,

Blue Horseshoe Stocks: More Options Ideas

BioMarin Pharmaceutical, Inc. BMRN

BioMarin had a really solid performance yesterday after we signaled some contracts in our premarket report, the BMRN 03/16 $80 & 85 Calls. The stock ran from 81.01 to 84.19 facilitating some modest but solid intraday moves in our contracts.

The $80 Calls ran from 4.40-6.00 for a 32% rise, and the $85’s traded from 2.70-3.50, a gain of 26%

With a strong close at 83.28, and a lot of ground to cover to recoup the losses the stock has seen in the month of February, we’ll look for BMRN to establish a more sustained recovery pattern, and we may see some further increases in these contracts, which still have over a month until expiration.

Under Armour, Inc. UAA

We want to formulate an idea for Under Armour on the heels of the company’s earnings report this morning. The stock had already begun to trend off of its bottom a few sessions ago, and despite posting a Q4 loss, sales were better than expected and the stock is gapping up pretty significantly here in the premarket.

We’re going to want to keep tabs on the UAA Weekly $15.50-16.50 Calls, which could bring us sizable gain opportunities in the day or days to come.

Extended Watchlist:
APRI, CHGG, CBAY, MVIS, ADXS, MBRX, DCIX, THC

Blue Horseshoe Stocks: Revisiting TASR & More

TASER International, Inc. TASR

We’ve been tracking TASR since late November, and the stock has gained a good bit of ground over the last month, so we wanted to touch base and update readers on its performance so far. December 1st was the day we witnessed the low on TASR with the stock touching 20.79 during that session, and it hasn’t looked back yet.

Continuing orders from police agencies for TASER’s body-worn video cameras has fueled quite a run, as  the stock managed to break to new highs since we’ve been paying attention on Friday, despite the holiday-shortened week. TASR ran as high as 27.65, which, from the low we observed roughly one month ago, represents an increase of 33% It also puts the stock effectively in blue skies, trading as high as it has in ten years.

We like the trajectory TASR is on, with current events seeming to support a case for the stock going even higher. Amid growing calls for more law enforcement accountability from both the public and the agencies themselves, during a time when incidents between citizens and officials appear to be reaching critical levels, TASR is positioned perfectly to capitalize on the fallout. As we’ve mentioned before, TASER is a trusted name in law enforcement and the public arena, and thus a natural choice for technology that promises to create more transparency in local police departments. It makes it a story that we’re likely to follow over the long-term.


General Employment Enterprises, Inc. JOB

JOB has been on quite a run lately, coming up from the .20-range earlier this month, and we’re going to be monitoring the stock as we kick off another split-week. Over the past several sessions, JOB has pushed its way into blue sky breakout mode, and we’re going to be on the lookout for a continuation of the significant momentum that has been building in the stock.

At a certain point, profit-taking should begin to peel JOB back a bit, and so we’ll also be on the lookout for a dip-and-rip when that pullback leads to an eventual bounce.

American Apparel, Inc. APP

The last time we mentioned APP roughly a week back after seeing nearly 100% in gains, we gave the prices at which we wanted to see support hold as the .85-1.00 range. The stock has managed to maintain above a dollar for the most part, and we wanted to give it another nod this morning, and remind people that it still remains on our watchlist.

There seems to be a Golden Cross setting up on the chart, another reason why we want to establish a close watch over this play. Additionally, last year around this time and from roughly this price range, APP began a three-month run that brought it to well over two dollars. This has traditionally been a seasonal play for us, so we’re always open to the possibility of history repeating itself.

Extended Watchlist:
RXDX, LIVE, ADXS, BBEP