Blue Horseshoe Stocks: Fresh Options Plays & More

Amazon.com Inc. AMZN – Options Recap

We’ve been tracking a wide range of AMZN calls since our premarket report on Monday morning.

We placed the AMZN 10/06 $965-980 Calls on watch as we were looking for a reversal from the stock that did occur. Yesterday we only provided the moves from the bottom and the top of the range to save time but today we’ll lay out the moves from every set of contracts we’ve been watching.

We mentioned that the gains we had seen up until yesterday morning could be added on to by what appeared to be a bullish session forthcoming, and that came to pass as well. Every set in the range has seen solid intraweek gains.

$965 Calls - Range: 19.25-27.00 – Max Gain: 40%
$967.50 Calls – Range: 25.24 30.20 – Max Gain: 20%
$970 Calls – Range: 15.30-32.05 – Max Gain: 109%
$972.50 Calls – Range: 15.30-28.94 – Max Gain: 89%
$975 Calls - Range: 13.62-26.70 – Max Gain: 96%
$977.50 Calls – Range:  13.48-26.95 – Max Gain: 100%
$980 Calls – Range: 11.39-25.28 – Max Gain: 122%


Lululemon Athletica

LULU was, for the most part, in a general downtrend during the month of August, but to kick off September it looks like a change in pattern in due.

The company posted a solid beat on its post-market quarterly earnings release yesterday, and we want to use that untraded-upon development potentially to our advantage using an options idea.

We’ve had tremendous success with the LULU chain in the past, and this time, we’re going to be tracking the LULU Weekly $60.50-62 Calls* for possible daytrades.

*We never discuss weekly options on a Friday without going out of our way to warn our readers that trading contracts with a weekly expiration on a Friday is exceedingly risky and should only ever be attempted by expert traders!!!


Extended Watchlist:
SDRL, APYO, RTNB, IOVA, NADL, ANFI, ADMP


Blue Horseshoe Stocks: AMZN Review & More

LiNiu Technology Group, Inc. LINU

Among yesterday’s tracked stocks was LINU, which we signaled after noticing some abnormal volume and price action in the previous session.

While the stock didn’t necessarily break out in a big way, the intraday move it did make was reasonably solid. From a low of  1.79, it ran as high as 2.36 on the day, marking a 32% pop. The move came on 39X the monthly average volume, and the stock did hold more than half of its daily advance into a strong close.

With that kind of momentum built up, we’ll certainly want to let LINU remain on our radar in upcoming sessions and look for the continued establishment of higher highs and higher lows.


General Electric Corp. GE

We like the setup on the current GE chart, which as you can see from the included snapshot below, has been pounded down to new lows this week.

We’re always looking to track the potential recoveries of heavily oversold stocks, and GE is certainly in that category. There’s also a sizable gap from July which needs to be filled, as well as some insider buying being logged near these lows last week.

We’ll put this one on watch for what seems like an inevitable rebound, while signaling a pair of options contracts to add to our radars, the GE 11/17 $26 & $27 Calls.


Amazon.com Inc. AMZN

We also have to swing back around to pat ourselves on the back for our options ideas on AMZN, which we submitted on Monday morning.

We noted that the AMZN 10/06 $965-980 Calls should have some nice moves once the stock saw a reversal, and it turned out to be a good hunch. The $965′s traded from 19.25-27.00 (+40%), the $980′s went from 11.39-20.20 (+77%) and the five contracts in the range in between those two all made similar gains.

AMZN is gapping up in the premarket this morning, so we wouldn’t be surprised to see our overall observed gains increase further.


Dextera Surgical, Inc. DXTR

Starting a couple of weeks ago on the 16th, and then again midway through last week, we’ve been signaling DXTR, which was coming up off of recent relative lows just a few sessions earlier.

We wanted to quickly point out its performance over that span, which started from a low of .26 and has run up to new highs in premarket trading today. It’s thus far hit a high of .43, which works out to a respectable two-week swing of 65%


Extended Watchlist:
IDXG, NXTD, STDY, APRI, MNKD, OTIC

Blue Horseshoe Stocks: Friday’s Big Winners & More

Abercrombie & Fitch Co. ANF – Options Recap

We initially placed a pair of options ideas for ANF on watch in our premarket report Thursday, highlighting the ANF Weekly $10 & $11 Calls.

We saw multi-bag moves in those contracts that day, and Friday morning, we noted yet another premarket gap-up from the stock, mentioning that we would continue to track for more gains.

. The $10 Calls traded up to a new high of 2.41, and from our observed low of .60 on Thursday, extended  the total move we saw to 302%  The $11 Calls ran to a new high of 1.38, which from our witnessed low of .11 represented a monster two-day swing from Thursday’s low of 1154%


DSW, Inc. DSW – Options Recap

We went very options-heavy in our reports throughout last week, and another idea that bore fruit on Friday was one we formulated on Tuesday morning, with the DSW 09/15 $17.50 & $20 Calls.

In this case, the $17.50‘s were as low as 1.15 after our signal, and closed at 2.72 on Friday, marking a four-session swing of 137% The $20′s ran from .30 to as much as .80, for a 167% move.

There’s still plenty of time before expiration on these contracts, so we won’t rule out seeing further positive activity in the days and weeks ahead.


Amazon, Inc. AMZN

To keep this options train chugging down the tracks, we’re going to highlight a range of contracts in the AMZN chain.

AMZN stock itself has been under consolidation and is presently sitting around an area of previous support. A lot of eyes are on the company as well as its first day as the official owner of Whole Foods brought sweeping price cuts at the high-dollar supermarkets.

We’re going to look to the AMZN 10/06 $965-980 Calls for an extended term idea, which could yield significant gains once a reversal occurs on the chart.



Tandem Diabetes Care, Inc. TNDM

We also want to place TNDM on watch for the reasons outlined in the annotated chart below. The stock cracked its 50DMA last week after recently having fallen to new lows, so we want to put in on the radar for a potential recovery play.


Extended Watchlist:
ASPS, KITE, JUNO, DCTH, EYES, FRSX, ALQA

Blue Horseshoe Stocks: PNTV, XBIT Recaps & More

The Players Network, Inc. PNTV

PNTV is a stock that we were talking about quite a bit late last year and in the beginning of 2017, and since then, the stock has made some really impressive moves.

In the span of one quarter, from March until June, the stock has risen from lows at .0232 to trade as high as .1315. That’s an incredible upswing of 466%

While many plays in the cannabis space have seen some unexpected difficulty this year, PNTV is not one of them. They recently announced progression on the joint venture they have going with MCIG on the construction of a Vegas-based grow facility.


Xbiotech, Inc. XBIT

We tagged XBIT in yesterday’s extended watchlist, and subsequently bore witness to a solid early-morning pop. The stock ran from 3.75 to 5.61 right from the starting the gate, banging out a solid 51% pop inside of the first hour of trading.

We also have to remember that in XBIT, we have a stock that was trading just a hair shy of $20 as recently as March. We’ll have to be on the lookout in the event that the recent rebound mounted by the stock is just a foreshadowing of an even larger recovery.



Ability, Inc. ABIL

We’ve been mentioning ABIL each day since last Wednesday, and it turned out to be a really nice bottom-bouncer.

We’ve thus far witnessed two definitive swings from ABIL; initially from.6298-1.69 for a 168% run, and then a dip to .90 followed by a run back to 1.60 in premarket trading today. That added another 78% swing to what we’ve observed in ABIL.

We’d like to see it set a higher low, holding the 1.15-1.25 range on any pullbacks in order to remain interested.


Extended Watchlist:
RTTR, NURO, MNGA, PULM BABA, FB, AMZN, NFLX

Blue Horseshoe Stocks: Options Updates & More

Facebook, Inc. FB – Options Recap

Our fresh options idea or the day yesterday on the heels of Facebook’s earnings beat, the FB Weekly $133-136 Calls ended up providing opportunities for sizable gains early on in the session.

The following moves all occurred in the first half hour of trading, so traders would have had to be quick on their feet to get in on the action, but those who were, were handsomely rewarded with some really big, really quick gains:

$133 Calls – Range: .36-2.17 – Max Gain: 502%
$134 Calls – Range: .28-1.51 – Max Gain: 439%
$135 Calls – Range: .18-.96 – Max Gain: 433%
$136 Calls – Range: .05-.55 – Max Gain: 1000%

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FRESH IDEAS:

Amazon.com, Inc. AMZN – With Q4 earnings season in full swing, we will include another options idea based on the early activity in AMZN, which posted disappointing figures in its post-market release yesterday.

Here we’re going to be highlighting a range of puts that we feel stand to make decent gains, should AMZN’s fortunes play out as we suspect they might today. The targets we want to place on watch are going to be the AMZN Weekly $810-800 Puts.

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SPDR S&P 500 ETF (SPY) – On the bullish side of things, solid jobs numbers could very well lead to an overall uptrend for the markets as a whole, so we’re going to want to designate an a corresponding idea for that.

Generally, we like to use the SPY as a market analog, so we’re going to signal a range of SPY calls to try to take advantage of the current conditions. Our target range here will be the SPY Weekly $227.50-229 Calls.


Cerulean Pharmaceuticals, Inc. CERU

We want to keep our eyes on CERU as we close out the week, and into next week, as the stock is currently boasting a chart that looks as if it could break out at any moment.

As you can see, the stock has been gradually building a higher base of support off of annual lows recorded in the fall, and yesterday, really started to make a bullish move. We’re seeing a slight gap-up this morning to just below the resistance channel between 1.20 and 1.30. As we’ve pointed out below, there is a huge gap on the chart to the upside, and a breach of that channel would begin to fill it in.

This is a stock that we feel could easily make a 100% move inside of the next few sessions, so we will want to watch carefully.


Extended Watchlist:
MJPI, PKGM, GEQU, OWCP, SGMD, PROM