Blue Horseshoe Stocks: Options Review

Options Recap

We wrapped up last week on Friday morning’s report with a pair of fresh options ideas. We are happy to start off this new trading week with a review of the solid performances of those plays, and the subsequent gain opportunities they provided for us.

Paypal, Inc. PYPL -  Paypal stock saw early gains thanks to solid numbers from its Venmo quick pay platform contained in its quarterly report. It caused us to signal interest in the PYPL Weekly $81-83 Calls and sure enough, we saw some nice chances for single-session profits.

$81 Calls – Range: 2.07-5.15 - Max Gain: 149%
$82 Calls – Range: 1.23-4.30 – Max Gain: 250%
$82.50 Calls – Range: .95-3.72 - Max Gain: 292%
$83 Calls – Range: .54-3.23 – Max Gain: 498%
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The Procter & Gamble Co. PG- Procter and Gamble also reported on its earnings Friday morning,and recorded five year highs in sales growth. We highlighted the PG Weekly $82-84.50 Calls and swept the range with solid results there as well.

$82 Calls – Range: 2.87-5.40 – Max Gain: 88%
$82.50 Calls – Range: 2.61-5.20 - Max Gain: 99%
$83 Calls – Range: 1.70-4.70 – Max Gain: 176%
$83.50 Calls – Range: 1.80-4.14 – Max Gain: 130%
$84 Calls – Range:.96-3.49 – Max Gain: 264%
$83.50 Calls – Range: 1.05-3.15 – Max Gain: 200%
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Fresh Options Idea:
PetMed Express, Inc. PETS 12/21 $30-35 Calls


Extended Watchlist: 
YY, MYSZ, VTVT, CLDC, APHB, RMBS, APHB(Bottom play)

Incoming search terms:

  • pg horseshoe

Blue Horseshoe Stocks: FNBC Review & More

First NBC Bank Holding Co. FNBC

As we were just mentioning yesterday morning, we first alerted on FNBC in Monday’s premarket report after noticing that the stock was looking oversold and searching for a bottom.

It did indeed find that bottom at .0932 on Tuesday, from which point it has launched a multi-day recovery, setting an amazing new high of .89 yesterday. From its morning low of .29  it ran 207% intraday, and from our observed low, a whopping 855% move up in a span of three trading sessions! It’s also worth it to mention that there is still a gap to fill on the chart up to the 2.50-range.

This definitely goes down in the books as our most exciting call to watch this week, and cheers go out to any of our readers who caught on and made a pretty penny!



Ampliphi BioSciences Corp. APHB

APHB was among our tracked stocks from yesterday morning’s report, and it yielded a very nice intraday chance with its daily performance. The stock traded up from a morning low of 2.17 and hit 4.88 just prior to lunch hour on massive volume to the tune of more than 87 times the 30-day average!

That worked out to a great move of 125% on the day, so despite gapping down in early trading this morning, we’re pleased with the opportunity APHB offered during yesterday’s session. Additionally, with the extreme volume and volatility in this stock, we won’t rule out seeing another pop from APHB on the eventual rebound.



Northern Dynasty Minerals, Ltd. NAK

We also want to give an update on NAK, which we last tagged at the end of March. Early April brought a considerable upswing from 1.21-1.85, a 53% move. Over the past several sessions that followed the stock has been under consolidation, and we want to come back around to put it on our radars again, as it looks as if it may be getting ready for its next leg up.

The RSI and MACD, which are typically some of our favorite technical indicators aren’t giving off strong signals either way at the moment, but the stock recorded a hammer candle yesterday. In a downtrend, that can be a bullish reversal signal, so we want to keep an eye on NAK as we close out the trading week.



SPDR S&P 500 ETF (SPY) – Options Idea

We also wanted to make it known that we are going to be tracking some SPY Calls today to coincide with a promising jobs numbers release, and what seems like it could be a bullish day for the markets as a whole. We’ll have the SPY Weekly $238-50-239.50 Calls* on our watchscreens today.

*Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.


Extended Watchlist:
COTE, GOGL, SSH, BPMX, CTRV,

Blue Horseshoe Stocks: PIRS, Options Recaps & More

Pieris Pharmaceuticals, Inc. PIRS

We tagged PIRS in yesterday morning’s premarket report via the extended watchlist after the company released some press regarding a strategic partnership with pharma giant AstraZeneca. That’s all many traders needed to hear, as an incredible amount of buying came in, with volume on the order of more than 206 times the 30-day average.

That massive momentum gave PIRS a steady push in a bullish direction, as the stock rose from a low of 3.0299 to a high of 3.97, a solid intraday climb of 31% We would be quite surprised if that was last of the bullish activity in PIRS after such a big announcement and subsequent massive accumulation of shares.


Weight Watchers International, Inc. WTW – Options Recap

Our fresh options idea for the day yesterday was to track the WTW Weekly $24-25 Calls after noticing elevated post-earnings (out Tuesday) activity. Oprah’s association with the company that began at the end of 2015 has had a lasting positive effect and led to increased revenues and a heightened outlook for the remainder of the fiscal year.

Were looking for these things to drive some movement in the contracts we were looking at, and that’s just what happened early on in the session. Any of the three sets of contracts within our highlighted range would have given traders the opportunity to bank multi-bag profits right from the opening bell. The following gains were up for grabs in the first 45 minutes of the session.

$24 Calls – Range: .52-1.33 – Max Gain: 156%
$24.50 Calls – Range: .40-.81 – Max Gain: 102%
$25 Calls – Range: .32-.65 – Max Gain: 103%

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DISH Network Corp. DISH – Options Recap

Our bearish options idea from Monday morning’s premarket report was to monitor the DISH 05/12 $62-60 Puts after noticing that not only did DISH have a disappointing earnings release, but that the chart was also looking top-heavy prior to that.

Our idea has worked out exceedingly well, whether traders took our suggestion to go with the contracts expiring next week as we listed, or simply went with the weeklies, which also made massive moves. Here are the potential gains that were up for grabs on our listed contracts:

$62 Puts
– Range: .40-1.48 – Max Gain: 270%
$61.50 Puts – Range: .40-.91 – Max Gain: 127%
$61 Puts – Range: .21-.50 – Max Gain: 138%
$60.50 Puts – Range: .26-.43 – Max Gain: 65%
$60 Puts – Range: .10-.50 – Max Gain: 400%


First NBC Bank Holding Co. FNBC

Monday, on FNBC we commented that “we’ll have to monitor this one for its bottom, but after it’s reached we could in in for a heck of a bounce”. That bottom came the very next day at .0932 and yesterday, the big bounce we were mentioning came to pass as FNBC rushed to a high of .35.

That works out to a fantastic two-day swing of 276% and with the stock gapping up slightly in the premarket today, we could see an extension of those gains.


Extended Watchlist:
  APHD, MNKD, APTO, APHB, RNVA, SCON

Blue Horseshoe Stocks: TBIO Recap & More

Transgenomic, Inc. TBIO

After noticing the stock’s significant premarket bullishness, we placed TBIO in yesterday morning’s report, and it’s a good thing that we did. It responded with a meteoric rise on the day en route to a very strong close.

TBIO traded in a daily range from a low of .67 up as high as 1.27, making intraday gains of up 90% possible, and the activity came on a torrent of volume, in the neighborhood of more than 37X the 3-month average volume.

TBIO continued to plow upward in post-market trading, and this morning has changed hands for as much as 1.64 a share in the premarket. Given the present circumstances, we wouldn’t be at all surprised to see the stock attain new highs once again today.


Puration, Inc. PURA

We were also keeping an eye on PURA, listing it in yesterday’s watchlist, and the stock recorded a modest yet solid session. On roughly eight times the monthly average, it traded up from a low of  .037 to .0482, a 30% increase.

PURA has been on a fairly steady upswing for most of this month so far, yesterday’s activity just being an extension of that pattern, so we’ll be on the lookout for a continuation of that current trend.


Ampliphi Biosciences Corp. APHB

We want to signal APHB as a possible bottom-bounce play this morning. Between it just showing a flicker of life off of recent relative lows, and the fact that it was trading at triple its current value just three months ago, we definitely want to keep this one on watch.

We’ve included a snap of the current chart, which illustrates what we’re talking about. This has the potential to become a solid recovery play in the days and/or weeks ahead.


Extended Watchlist:
IOTS, OPXA, CLSN, MEMP, ZSAN, VDRM, DRWI

Blue Horseshoe Stocks: LLY Options Recap & More

Eli Lilly and Co. LLY – Options Update

In our premarket report on Friday morning, we finished off with a set of fresh options ideas for the LLY chain, and were met with nice gain opportunities on the day on all accounts.

In addition to a daytrading idea with the LLY Weekly $72 and $72.50 Calls, which worked out in spades, we also got some really good initial movement out of the longer term target we put forth, the 01/20 $75 Calls.

Weekly $72 Calls – Range: .20-1.25  – Max Gain: 475%
Weekly $72.50 Calls – Range: .15-.80  – Max Gain: 433%
1/20 $75 Calls - Range: .77-1.39  – Max Gain: 81%

We offer congratulations to anyone who benefited from the short-term ideas, and we’ll be sure to stay on the trail of those 01/20 $75 Calls in the weeks ahead.


Globalstar, Inc. GSAT

We caught a glimpse of GSAT on our scanner this morning and feel it’s worthy of mentioning, based on a number of factors. Last week, the moves that the stock had been making off of its recent relative lows in the low .70-range began to increase.

On Thursday, the stock bullishly breached its 50DMA, culminating in a huge spike in volume on Friday. Roughly six times the monthly average trading volume accompanied a break of the dollar mark. We’re going to put this on watch as a possible momentum play.


AmpliPhi BioSciences, Inc. APHB

Speaking of bottom-bouncers, APHB cropped on our scan as well, and it has a look of high potential as it’s coming up off of its recently established annual lows.

In addition, there’s a gap to fill on the chart to the upside, and with the stock already trading up in the premarket, that’s a real possibility here. With such a ripe chart, we’ll be very interested to follow APHB’s activity out of the gate this morning.


Extended Watchlist:
NHMD, ECPN, EVOK, APTO, ANY(Bottom Play)