Blue Horseshoe Stocks: Options Updates

Zillow Group, Inc. Z – Update

Last Wednesday just prior to the Thanksgiving break, we submitted a range of options ideas on Zillow, which we caught at a relative bottom after noticing some hefty Form-4 submissions. Our targeted options were the Z 01/18 $30-40 Calls, and in the two-and-a-half sessions since we’ve seen excellent multi-bag gain opportunities.

Every single strike price worked out nicely, with the following moves:

$30 Calls – Range: 1.57-4.37 - Max Gain: 178%
$35 Calls – Range: .57-1.72 – Max Gain: 202%
$40 Calls – Range: .10-.50 - Max Gain: 400%


Facebook, Inc. FB – Update

Then on Friday, after the holiday we spotted a bottom play in FB, and jumped on that with another longer term set of options ideas, the FB 01/18 $135-145 Calls. We’ve had some appreciable movement in those as well, and wanted to share those figures.

$135 Calls – Range: 5.94-8.21 - Max Gain: 38%
$140 Calls – Range: 3.88-5.50 – Max Gain: 42%
$145 Calls – Range: 2.24-3.50 - Max Gain: 56%

As is the case with the aforementioned plays, it’s a good start, but with plenty of time remaining until expiration, we’ll definitely continue to track these ideas in the days and weeks ahead.



Extended Watchlist:
PCG, PXS, SLS, ANY, TEUM, EURN, AQUA, RGSE

Blue Horseshoe Stocks: Options Review & More

Lululemon Athletica Inc. LULU – Options Review

We wanted to start things off this morning by doing a review of our main topic of focus toward the end of last week, the LULU options chain. We had signaled the LULU Weekly $83-85 Calls on Wednesday, and saw some very nice moves ranging from 180-295% that first day. They finished off the short week nicely as well.

The following is the updated log of the overall two-day gain opportunities we observed after the stock once again went bullish during Thursday’s session. The range of potential gains was extended considerably.

$83 Calls – Range: 1.60-6.33  – Max Gain: 295%
$83.50 Calls – Range: 1.25-5.75 – Max Gain: 360%
$84 Calls – Range: 1.20-5.28– Max Gain: 340%
$84.50 Calls – Range: 1.00-4.69 – Max Gain: 369%
$85 Calls – Range: .82-4.33 – Max Gain: 428%


Facebook, Inc. FB 

With a strong finish to last week by the markets as a whole, a lot of the big name stocks saw a turnaround after several weeks of difficulty, and chief among those was Facebook. We like the potential for a more sustained recovery here, especially if the markets continue their bullish trend. We’re going to keep tabs on the FB Weekly $155-160 Calls.


Extended Watchlist:
ANY, ADAP, CVLT, CLWT, IPAS, OREX,

Blue Horseshoe Stocks: NEPT Recap & More

Neptune Technologies & Bioressources, Inc. NEPT

We want to follow up with NEPT this morning as the stock continues to break out to new highs. We originally slated this one for observation back on November 28th, and it has been a near-continual uptrend since then.

Subsequent to that November report, we would witness a low of 1.30, and as of the newly registered annual high of 3.10 yesterday, it marked a run of 138% in just over four weeks, with volume having been especially impressive this week. That high also represents

We will continue to track NEPT as long as it continues to register higher highs and higher lows. It is a cannabis play, but based in Canada, and thus relatively unaffected by recent statements from the DOJ which caused a selloff in many domestic pot stocks late this week.


ChinaNet Online Holdings, Inc. CNET

Speaking of multi-year highs, we tagged CNET in yesterday’s morning report, just in the nick of time to catch the first bullish activity the stock has seen since 2014. An unexpected entry into the crypto space via a new partnership (>> View PR) sent shares through the roof.

CNET traded up from a low of 2.76 and went on to hit 11.90, marking an intraday run of 331% on an all-time high number of shares traded on the day. Course correction is likely, but we’re defintely going to want to keep tabs on CNET moving forward, as dip and rip opportunities may present themselves.


Extended Watchlist:
ANY, AMRN, IMNP, DNLI, MARA, MYSZ, VRAY,

Blue Horseshoe Stocks: New Highs for HMNY, MNKD

Helios and Matheson Analytics, Inc. HMNY

It was just yesterday morning that we were remarking on the continuously bullish tendencies of HMNY over the past few weeks since we began tracking it on September 20th.

To that point, we had seen a huge run from a low of 5.47 to 23.49, and then yesterday’s session brought another solid performance, and yet another new high. HMNY traded in a daily range from 22.75 to 28.70. That works out to a an intraday rise of 26% and an updated total on our overall observed move since 10/20 amounting to 425%


MannKind Corp. MNKD

Yesterday we were talking about some options calls we made on Friday for MNKD, the 10/20 $5.50 & $6.00 Calls, which have made some good moves, but we neglected to mention our success on the stock side itself.

A quick view of the MNKD Tag in our newsletter archive at BlueHorseshoeStocks.com shows that we’ve been consistently mentioning the stock over the past several months, and four times already since the beginning of October. Our observed low on the stock alone came in at 1.85, and yesterday’s new high for MNKD represented an overall increase of 276%

Moving back to the options side of things, those $5.50 Calls traded up from .71-1.60 (+129%) intraday, and from Friday’s low of .10, a total of 1500%  The $6.00′s saw a daily range .47-1.30 (+177%), and the overall move we’ve witnessed since Friday comes in at a whopping 2500%

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Fresh Options Idea:

Delta Air Lines. Inc. DAL- Not only did Delta post a Q3 earnings beat in the premarket despite taking a hit due to the recent hurricanes, but the chart is also currently headed for a Golden Cross. With that in mind, we’re going to signal the DAL Weekly $52.50-54 Calls.


Extended Watchlist:
ANY, AERI, ATHX, CASI, MLSS, IDXG, RGSE, SANP

Blue Horseshoe Stocks: AEZS Recap & More

Aeterna Zentaris, Inc. AEZS

It had been quite some time since the last time we mentioned AEZS in one of our reports, but were prompted to do so yesterday, after noticing some unusual premarket activity on our routine morning scan.

It’s certainly a good thing that we did, because the stock became our number one play of the day with an outstanding performance. It also happened to be the NASDAQ’s top gainer of the day. From an early low of 1.48 the stock shot up to a high of 2.80 shortly after 1:30, marking a single-session rip of 89%

The big move came on volume exceeding the monthly average by roughly 40 times, and the stock managed to hold well over half of its gains into the close, so we’ll be sure to leave AEZS on our radar as we head into the end of the week.


Marijuana Company of America, Inc. MCOA

Another point of focus for us yesterday was MCOA, which we signaled the previous morning, and subsequently witnessed a 38% (.02685-.037) upswing. We were mentioning that, along with the fact that an interesting PR had hit newswires which we felt could set the table for further gains, and we were correct in our assumption.

Perhaps also riding the wave of invigoration that has flowed back into the cannabis space as a whole over the past few sessions, MCOA continued its ascent, trading in a range from .0361-.0467 on the day. That was good for an intraday move of 29% and extended our two-session observed range on the stock to a respectable 74%



Sears Holdings Corp. SHLD – Options Idea

We’ve had some good fortune in the past with SHLD, and more specifically, its options chain. This morning, we’re spotting another possible opportunity on that front. The company will now be selling Kenmore appliances via Amazon.com, and as a result, the stock is gapping up over ten percent in premarket trading this morning.

To take advantage of the commotion, we’ll have our eye on the SHLD Weekly $9-10 Calls.


Extended Watchlist:
TEUM, ANY, AVEO, DFFN, HPJ, CAMT, BVXV