Tag: AMMJ

Blue Horseshoe Stocks: Weekly Wrap-Up & More

StrikeForce Technologies, Inc. SFOR

Our first order of business today is to update readers on the strong recent performance of SFOR; the stock has made a really nice move from its PPS following our most recent mention on 09/27 at .0083.

Yesterday it reached .0175, marking a 111% swing in just over two weeks’ time. We’ve been tracking SFOR closely since this spring, when we observed the stock trading as low as .0006. From that price point to yesterday’s new high represents an exponential increase of over 2800%

AngioSoma, Inc. SOAN

Yesterday was SOAN’s first ever appearance in our newsletters, and for a maiden mention, it ended up doing pretty well for us, with a solid intraday push.

The stock traded in a daily range from a low of .38 up to .50; a 32% run which occurred on volume which exceeded the monthly average by more than three times. It also closed at its high of day, a bullish occurrence which qualifies the stock for continued monitoring as a potential momentum play  as we prepare to close out another trading week.

Ruby Tuesday, Inc. RT – Update

Last Friday we signaled RT for both a potential bottom play and extended-term options call, and thus far it has panned out to a great idea in both respects. We called the bottom perfectly, seeing it trade as low as 2.08 that day, and inching its way up all week. Yesterday the stock reached a new high of 2.8599, marking a 37% move up.

That push allowed our options idea, the RT 11/18 $2.50 Calls, to make a fantastic move from a low of .05 up to .30. That works out to an even 500% rip, so congratulations to anyone who caught our timely alert and used it to their great advantage!
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Fresh Options Idea: We want to draw attention to JP Morgan on the heels of their premarket earnings beat this morning, and assign an options trading idea to correspond accordingly. We’ll focus on the JPM Weekly $68-69.50 Calls for potential daytrades, but remember, trading weekly options on a Friday is a high-risk proposition that should only ever be attempted by expert traders.

Additionally, please note that if the stock breaks the 69.50 barrier, we may need to roll up our strike price to the $70 Calls.

Extended Watchlist:
ABCE, AMMJ, GLRI, GLAG, ICRD, INVU, XXII

Blue Horseshoe Stocks: AA Options Update & More

Alcoa, Inc. AA – Options Idea

We took the opportunity to target some AA puts yesterday morning after noticing a technically weak chart, combined with a let-down on the company’s earnings report. Post-earnings options ideas are quite simply one of our favorite ways to see rapid moves to the upside, and Alcoa was no exception to that rule.

Our specific targets were the AA Weekly $32-30 Puts, and every set of contracts within that range afforded us the chance at hefty single-session profits.

$32 Puts – Range: 2.64-3.77 – Max Gain: 43%
$31.50 Puts – Range: 1.93-3.59 – Max Gain: 86%
$31 Puts – Range: 1.57-3.98 – Max Gain: 153%
$30.50 Puts – Range: 1.16-2.58 – Max Gain: 122%
$30 Puts – Range: .65-2.11 – Max Gain: 225%

With the stock gapping down slightly in the premarket once again, we’ll be on the lookout for those ranges to be extended. Should the stock’s heavy decline continue, we’ll continue to track those, as well as explore the possibility of rolling down our strike prices to stay closer to the money.

BioStar Pharmaceuticals, Inc. BSPM

We want to circle back around to provide an update on the recent activity of BSPM, which we placed on watch back on the 15th of last month. We would subsequently observe a low of 2.54 the following morning, and after a steady stair-stepping performance in ensuing sessions, the stock went meteoric during trading yesterday.

It made an excellent 96% intraday push from 3.60 up to its new high of 7.06, which marked an overall increase of 178% above the low we witnessed just under a month ago. The move was catalyzed by the launch of the company’s rhinitis and sinusitis treatment in China; an absolutely huge market.

Extended-Term Options Ideas

We want to signal some longer-term options ideas for tracking in the weeks ahead on both Nike and Lululemon. NKE just registered new 52-week lows yesterday, while LULU has come down its lowest PPS since February. Therefore, we’d like to monitor the activity in the following options contracts.

Nike, Inc. NKE – 12/16 $50-57.50 Calls

Lululemon Athletica, Inc. LULU – 12/08 $55-62.50 Calls

Extended Watchlist:
AMMJ, ICBU, TNRG, RNN, CUDA