Blue Horseshoe Stocks: Options Roundup & More

Options Roundup

We had good fortune with our fresh options call yesterday, so today we’re going to be recapping the total possible gains on those plays, as well as unearthing a couple of fresh ideas to add to the mix as we close out this trading week.

Delta Air Lines, Inc. DAL – Recap - Our inkling on DAL yesterday morning was to go bearish after a disappointing earnings call for the airline, with the DAL Weekly $55.50-53.50 Puts. We were not disappointed with our decision to do so, as those DAL puts went on to log the following double and multi-bag intraday moves for us before lunch hour was over:

$55.50 Puts – Range: .76-1.60 – Max Gain: 110%
$55 Puts – Range: .48-1.05 – Max Gain: 119%
$54.50 Puts – Range: .25-.65 – Max Gain: 160%
$54 Puts – Range: .13-.36 – Max Gain: 177%
$53.50 Calls – Range: .03-.17 – Max Gain: 466%
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Advanced Micro Devices Inc. AMD

Speaking of bearish options ideas, we want to enter another fresh set into the log this morning in AMD. This stock trades very cyclically, and from a technical perspective, looks as if it could continue to lose ground after a reversal this week. We’re going to place the AMD 07/21 $14-13 Puts on watch into next week in the event that our impression of this play is correct.
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BJ’s Restaurants, Inc. BJRI

Lastly on the options front, we are going to signal a range of extended-term calls on BJRI, which has a pretty attractive bottom setup on the chart at the moment. To take advantage of a potential sustained rebound, we’re going to be monitoring the BJRI 08/18 $35 & 40 Calls.
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Bonus Idea: NTNX 7/21 $20-25 Calls


Diana Containerships. Inc. DCIX

DCIX went into a full-on nose dive recently after it was announced that the company would be taking out roughly an $85M loan to settle a monster pile of debt, and the investment community did not take the news well.

The stock has subsequently fallen to new all-time lows, and that’s where we come in. We’re always looking for stocks like this to put on bottom-watch. Being egregiously oversold, DCIX may yet have a bit further to fall, but we’ll want to be ready for a reversal at any time. The resulting bounce-back could be considerable.


Extended Watchlist:
NPHC, DEWM, DOLV, FRO, JCP, CHFS, PIXY, HPJ, CTIC,

Blue Horsesehoe Stocks: New Highs on DCTH & More

Delcath Systems, Inc. DCTH

We brought DCTH back into the fold in yesterday morning’s premarket report, and it wasn’t a moment too soon. We mentioned our prior alert on the stock from last Monday. after which we would see a low of .0413 and subsequent run to a dime leading into yesterday’s session.

Then things really kicked into motion, with DCTH ripping its way from a daily low of .1037 all the way up to a whopping thirty cents! That worked out to an intraday bull run of 189% and extended our overall observed range from last Tuesday’s low to a mammoth 626%

That range has been extended even further to 745% in the premarket this morning as DCTH has hit a new high of .349. Unsurprisingly, volume over this period of huge gains has also been extremely heavy. We’ll continue to monitor DCTH in the hopes that it can sustain this fantastic multi-day run.



Vivint Solar, Inc. VSLR

In addition to including a remind tag on VSLR in yesterday’s report, we initially alerted this play on May 18th, and it’s been nothing but smooth sailing since then, en route to some pretty nice gains.

On the morning of the 18th VSLR touched a low of 2.75 and it never looked back. Yesterday, it managed a new high of 5.30, which represents a move of 93% over the course of roughly a month’s time. The sudden extra boost it received this week coul be due, in part, to a Goldman Sachs upgrade from Neutral to Buy on the stock and the raising of the price target to $6.


Adobe Systems Inc. ADBE – Options Idea

Adobe had its Q2 earnings call yesterday post-market, and blew expectations on the Street out of the water. As a result the stock is gapping up considerably this morning in the premarket, and we’d like to have an options idea ready and waiting to take advantage of the commotion.

We’ll radar the ABDE 06/30 $147 & $148 Calls and track them over the remainder of this week and possibly into the next.


Extended Watchlist:
ANY, AMD, BIOC, BDSI, DRAM, ITUB, MBRX

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Blue Horseshoe Stocks: Big Move for ORRV & More

Oceanic Research & Recovery Inc. ORRV

On Wednesday, we were mentioning ORRV, and how we’d seen it make a nice move after discussing it in our traders chat the day before. We hinted at the possibility of seeing further gains from this volatile mover, and yesterday provided a truly excellent opportunity to make some fast money, just as we’d hoped.

ORRV traded as low as .0005 in the morning before ripping its way to a daily high of .0022, which marks a single-session run of  340% so congratulations to anyone who noticed our alert and reaped the benefits.

Moving forward we’ll treat this play like any other that has been making solid strides to the upside, looking for it to maintain its uptrend with higher highs and higher lows.



Fresh Options Ideas


NVidia Corp. NVDA
- This has been 2016′s top performer on the S&P 500, and one that we’ve visited in our reports on occasion. Despite already being up over 200% on the year, we like the feel of the reversal that occurred yesterday after it previously had appeared that a downturn was setting up. Instead shares of NVDA pressed upward, and the stock is gapping up considerably in premarket trading today.

We’re going to focus upon the NVDA Weekly $112-115 Calls to try to turn a quick profit today.

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Advanced Micro Devices, Inc. AMD – We also want to look at one of NVDA’s direct competitors, which has also been building momentum on the chart, in a general uptrend since the middle of October. Here we’re going to want to monitor the activity in the AMD Weekly $11-12 Calls.
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CAUTION: Never trade weekly options contracts on a Friday if you aren’t an expert trader. These are high-risk/high-reward style plays that are not for the faint of heart, or the inexperienced!


Extended Watchlist:
PHOT, SSPC, GRNH, VAPE, TRKK, MDMN, CEGX(Bottom-Bouncer)

Blue Horseshoe Stocks: Friday’s Winners, Fresh Plays

The GEO Group, Inc. – Options Update

We caught GEO on the heels of a sell-off on Friday morning, and decided to go against the grain with some options calls, the success of which would be predicated upon a solid rebound.

We did in fact witness such a recovery, as GEO stock itself ran from a low of 21.30 up to 23.98. That meant that the target contracts we outlined in Friday’s report were due for some excellent intraday moves. The GEO 09/16 $20 and 22.50 Calls were our highlighted plays, and each of them provided the chance at multi-bag gains on the day.

The $20 Calls traded in a range from 1.61-4.21, for a healthy 161% rip, while the $22.50′s saw an increase from .87 to 2.78, for potential intraday profits as high as 220%

With plenty of time left until their expiration, we’ll have the opportunity to keep monitoring these plays in the event that GEO’s bounceback continues to persist.



Bulova Technologies Group, Inc. BTGI

Also appearing in Friday morning’s premarket report was BTGI, and it too provided us with a significant gain opportunity during the session.

BTGI traded up from its morning low of .0091, surged through the penny mark and ran all the way to .0179, which represented an intraday swing of 97% and occurred on roughly 3.5x its monthly average volume.


Patriot Scientific Corp. PTSC

We’d also like to take a minute to outline the significant intraday move recorded by PTSC after appearing in our report on Friday morning.

The stock ran from a low of .0056 up to .0099, marking a single-session rip of 77%


Extended Watchlist:
BNSO, ETRM (Momentum Plays)
FRP, WEB (Bottom-Plays)
AMD (Longer-Term Watch)

Blue Horseshoe Stocks: Options Ideas, Bottom-Play & More

Kraig BioCraft Laboratories, Inc. KBLB

Despite an overall lag in the markets yesterday, due in part to the Greek financial crisis, KBLB did manage a brief surge right out of the starting gate. We tagged it for its attractiveness with regard to its positioning on the chart as well as the interesting news that was released; the company claims to have synthesized a material which is stronger than spider silk. (>>View PR)

The stock traded in a range from its opening price of .0365 up to a high of .05 inside of the first ten minutes, which marked a 37% rip.

While KBLB failed to maintain that early increase, the nature of yesterday’s news alone will cause us to reserve a spot on our watchlist for this play. If the company has indeed developed a super-material as they’ve described, it could ultimately be a game-changer in everything from the medical field, to space exploration, and nanotechnology.


Viscount Systems, Inc. VSYS

VSYS it hitting our radar as a potential bottom play with a potential news catalyst hitting presswires this morning.

VANCOUVER, BC / ACCESSWIRE / June 30, 2015 / Viscount Systems, Inc. (“Viscount”) (OTCQB:VSYS), a software company specializing in physical and logical security solutions, today announced that it has fully retired a convertible note held by Vis Vires Group, Inc. The convertible promissory note was issued to Viscount on March 30, 2015 at a principal amount of $169,000 bearing interest at 8% per annum and was used to resolve short term liquidity issues. >> Full PR


New Options Ideas

There’s a fair amount of uncertainty with respect to how the markets will react to the ongoing fiscal turmoil in Greece. They appear to want to rebound this morning, but it could be a false positive. It leads us to a familiar scenario, where uncertain conditions open avenues of opportunity to intuitive traders.

What we’re going to do is sit on the fence and observe SPY 205.50-207 Puts and Calls to start out with, and decide where the action will be once the overall market sentiment has been firmly established. It’s a strategy that’s served us well in the past.

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We’re also going to be monitoring JUNO $60-$63.50 Calls as the stock is gapping up heavily in the premarket.


Extended Watchlist:
AMD, AEZS, LBIO, DSKX, SFUN