Blue Horseshoe Stocks: Huge Options Wins

Cronos Group, Inc. CRON – Recap

We’ve been tracking CRON heavily this week, after having observed its swing low of 6.50 last week, the stock has now strung together seven consecutive bullish sessions, and yesterday attained a new high of 9.95, marking a 53% increase in roughly a week.

CRON Weekly $8 & $8.50 Calls were initially targeted in our report from Tuesday morning, and those attained new highs. We’ve now seen a move from the $8 Calls from .50-1.85 for a gain of 270%, and the $8.50’s updated range runs from .30 to 1.40, a gain of 367% in just two sessions’ time.

Yesterday we mentioned that we’d also look to roll up to higher strike points with the $9 & $9.50 Calls and those produced huge gain opportunities on the day. The $9’s moved up from a low of .20 and went on to hit a dollar, for a 400% rip, while the $9.50’s took the cake with a mega run from .10 to 70, a 600% gain.

CRON looks to be gearing down a bit this morning, but at this point it owes us nothing, and was a really great midweek play for us on the options front.

CVS Health Corp. CVS – Update

We also targeted some CVS calls on Tuesday– the CVS Weekly $75 & $75.50 Calls and did very well with those right out of the gate. We have some new highs there as well thanks to a solid session yesterday.

So far we’ve seen the $75 Calls trade from 1.05 to their new high at 6.00 (+471%), while the $75.50’s have run from .84-5.00 for gains of up to 495%, continuing our stellar week of fantastic options calls.

We also provided a pair of fresh options ideas in yesterday’s report, and kept the multi-bag profit train rolling with both targets:

ETSY Weekly $45 Calls
2.40-6.70 – Max Gain: 179%

TWLO Weekly $80-82 Calls
$80 – 3.15-16.37 (+420%)
$80.50 – 2.70-7.02 (+160%)
$81 – 2.33-14.80 (+535%)
$81.50 – 2.70-10.89 (+303%)
$82 – 2.25-13.80 (+513%)

Extended Watchlist:

Blue Horseshoe Stocks: Z Follow-Up & More

Zillow Group, Inc. Z

First thing’s first- we wanted to update our readers once again on the Zillow calls we made on Tuesday morning. We designated the Z Weekly $48-49 Calls as our targets and after a good first day, the stock continued its upward climb during yesterday’s session.

That move alloted for even further increases on our observed range of contracts, and pushed our two-day observed swings well into multi-bag territory:

$48 Calls – Range: 1.30-3.55 – Max Gain: 173%
$48.50 Calls – Range: 1.10-2.60 – Max Gain: 136%
$49 Calls – Range: .80-2.60 – Max Gain: 225%

Fresh Ideas:
YELP Weekly $43-44.50 Calls
ROKU Weekly $52-53.50 Calls

Healthmed Services, Inc HEME

It isn’t often these days that we target a subpenny OTC stock. Our long-time followers know that those were our primary focus when we started out exactly 7 years ago this past Tuesday. We did very well in that capacity for many years, despite having recently shifted focus more to fast-paced options trading.

Of any of the sectors we ever covered in the OTC space, cannabis has certainly been the most exciting, and continues to be one of our primary interests on the stock side of things to this day.

That’s why we just want to put HEME on our readers radars. Despite being listed as defunct on OTC Markets, the company recently revealed its intentions to get things back on track and enter the marijuana space.

According to its updated website, HEME is presently acquiring, leasing and licensing growers for the cultivation, production and distribution of cannabis and cannabis-related products in southern California. The project site has state Highway access, water and local transportation are convenient and accessible, and the City government has designated the project site – legal planting zoning.

We are going to keep tabs on the company’s progress toward not only developing in this new direction, but also coming current on its reporting.

Extended Watchlist:

Blue Horseshoe Stocks: PZOO Hits New Highs & More

Pazoo, Inc. PZOO

PZOO continued its established pattern of offering up sizable intraday swings, and went on to set a new high during yesterday’s session. It did hold support at a penny as we hoped it would, and traded up as high as .0125, for a 25% intraday move.

Our observed low on this play came a couple of weeks ago at .0049. Yesterday’s new high brought our total observed range on PZOO to 155%

The company also alerted us yesterday via a midday PR that its medical marijuana testing partner would be joining the newly-formed Nevada Cannabis Laboratory Association (NVCLA), which is the first such coalition to be formed in the state.

Voltari Corp. VLTC

VLTC’s epic run over the past three weeks, which we were just commenting on in yesterday’s pre-market report, received another boost with a noteworthy
performance that led to new annual highs once again.

The daily range on VLTC was 11.11 to 19.20, for a big intraday move of 73% Measured from the low of 2.14 we observed just three weeks ago to the day, that’s an enormous 797% swing. We’d call it incredible, but gains approaching (and often exceeding) the 1000% neighborhood are fairly commonplace for us, as anyone who has followed our reports for awhile can attest.

Our position with regard to how we’ll be approaching VLTC in coming sessions remains the same: Take advantage of any further increases with quick-trigger intraday trades, while keeping a sharp lookout for a sustained pullback.

Carl Icahn’s name and reputation have essentially been leading the way as the stock pushed to that impressive new 52-week high. When immaterial excitement propels a stock so high, so fast, we can be sure that a sell-off is somewhere on the horizon. Signs of that potential outcome were visible toward the end of the session as VLTC settled back to the $16-range at the close.

We’ll watch today for the possibility of a dip-and-rip scenario as VLTC is gapping up in early trading. Any consolidation is sure to lead to a potential bounce-play at some point, and as always, we’ll be ready to take advantage of those swings when they occur.

OSL Holdings, Inc. OSLH

Speaking of potential bounce-plays (and thousand-percent gainers, for that matter), we want to quickly jump back to OSLH, stock we currently have on bottom-watch. If you’ve been following along with our reports this month, you were with us as it exploded on a 1294% rip from .0021 (04/02) to .0274 (04/15).

OSLH has been peeling back off of those impressive highs over the past couple of sessions, and we’re going to want to keep a close eye for when it establishes a solid level of support, preferably at or above the penny mark. Opportunities should be available for quick gains on the subsequent rebound.

Yahoo, Inc. YHOO – Options Ideas

Despite YHOO falling short on earnings in its report out after yesterday’s close, we will be looking for any potential dip-and-rip scenarios, provided it can hold support at the 50DMA of 44.12 on any pullbacks.

We will be watching the $44-45 Calls and Puts, choosing when it becomes apparent which way the trend will carry. We can then jump in the money with our strike price and could be looking at significant gain opportunities.

If YHOO doesn’t hold that 50DMA as support then we would look for a protracted pullback and some added downside pressure, and go to the Put-side. If it can dip-and-rip, the Calls will see the action.

Extended Watchlist: