Blue Horseshoe Stocks: Winning Options Calls & More

Options Updates

Abercrombie & Fitch Co. ANF

We had very good fortune with most of the ANF options contracts we signaled in yesterday morning’s premarket report following an earnings beat. We were after intraday trade possibilities in the ANF Weekly $29-32 Calls, and with the exception of the $32’s which weren’t pushed into the money, gains of over 200% were available across the board.

$29 Calls – Trading Range: .50-1.51  – Max Gain: 202%
$29.50 Calls – Trading Range: .29-1.10 – Max Gain: 279%
$30 Calls – Trading Range: .19-.75 – Max Gain: 295%
$30.50 Calls – Trading Range:  .13-.53 – Max Gain: 308%
$31 Calls – Trading Range: .07-.34 – Max Gain: 386%
$31.50 Calls – Trading Range: .05-.16 – Max Gain: 220%
$32 Calls – Trading Range: .05-.11 – Max Gain: 120%

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Petroleo Brasiliero S.A. (Petrobras) PBR

We also want to give a quick update on another extended-term idea we had recently. On Tuesday, we submitted PBR 04/01 $4 Calls for observation, and those have made a run from .13-.25 (+92%) as PBR has traded up from 3.55 to 4.13.

We expect the figures on those gains to keep rising today as PBR has advanced as high as 4.39 thus far in the premarket. We’ll be sure to stay on the trail of those contracts, with nearly a month left on the contracts before expiration. We’ll also keep an eye on the $4 and 4.50 Weekly Calls. Of course, we’ll look to roll our strike prices up if the situation dictates.



Aeterna Zentaris, Inc. AEZS

AEZS is a familiar play that we’d like to touch base with again this morning after noticing some interesting chart activity. The stock broke its 50DMA during yesterday’s trading session and is presently trending up in the premarket, testing resistance in the $4-area. The next area of resistance comes in at 5.18, where a gap on the chart begins, and extends up to the 6.50 level.

We’ve prepared a snapshot below which outlines the highlights of the current AEZS chart.



EffTec International, Inc. EFFI

EFFI is another recent mention we’d like to update our readers on this morning. After signaling EFFI in our watchlist on Friday, the stock has gone on to make a solid move. We observed a low of .0024 followed by a high of .0049, which works out to a 104% swing.



Extended Watchlist:
AWGI, DEAC, NUUU, NWPN, TALK, USAR, FLST, EGYF

Blue Horseshoe Stocks: New Options Ideas & More

Unique Pizza & Subs Corp UPZS

UPZS was one of a pair of stocks that we added to our watchlist on Friday that continued to perform well yesterday. We’ve had experience with this play making gains for us in the past as well. We observed a low of .008 in UPZS Friday morning, and yesterday the stock reached a high of .0136. That worked out to a three-session swing of 70% and has come on very high volume.

Yesterday’s move brought the stock to within just a few ticks of its 52-week high of .014. We’ll definitely want to keep a lookout for a breach of that price point, which could certainly lead to what we like to call a Blue Sky Breakout.


NetTalk.com, Inc. NTLK

The other notable mention from Friday’s report came in the form of NTLK, which took an extra couple of sessions to settle in and find support. It did so very early on yesterday morning, and followed up with a steady-gaining performance throughout the course of the day, which led from a low .0023 on up to .006, an intraday swing of 161%

We’ll watch for it to consolidate off of that high and keep our eyes peeled for subsequent rebound opportunities.


Fresh Options Ideas

Tesla Motors, Inc. TSLA
–  As we point out on the chart below, we watched as TSLA rejected off of its 50DMA yesterday and went bearish. We’re going to want to stick close and monitor a couple sets of medium-term plays in the event that an extended backslide occurs in coming sessions. We’re looking at four contracts in particular in this case- TSLA 01/11 and 01/18 $180 and $177.50 Puts.

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Abercrombie & Fitch Co. ANF

We also want to signal a range of ANF contracts for observation in the wake of this morning’s earnings beat. We’ll look to take advantage of ANF Weekly $29-32 Calls for potential daytrade and intraweek swing-trade opportunities.


Extended Watchlist:
PGEI, VRCI, DEAC, TDCH, AWGI

Blue Horseshoe Stocks: GBSN Review, Options Update & More


SPDR S&P 500 ETF (SPY) – Options Recap

Our first options idea of this short week turned out to be a rousing success by all accounts. We noted the change in the tides regarding a general market rebound aided by a healthy surge for oil, and proposed a range of weekly contracts in the SPY to help us leverage some gain opportunities out of those conditions. We signaled our interest in the SPY Weekly $188-191 Calls and were met with some very good chances as the SPY itself steadily pushed from 187.63 to 189.81, closing very close to that high mark.

As a result, all eight of our observed contracts enjoyed significant surges. We’ll simply provide a range of the possible gains in the interest of time. The $188 Calls traded up from 1.64-2.65  for gains of up to 72% while at the other end of the spectrum, the $191’s ran 123% from .39-.87. Again- commensurate gains were available anywhere in that $188-191 Range. 

This morning it appears as if those figures will be extended as the SPY once again gaps up in the premarket, having already breached into the $190’s; we’ll be on the lookout for a possible dip-and-rip.  Another boost for the markets today would mark the first three-day rally of 2016.


Great Basin Scientific, Inc. GBSN

We had been passively monitoring GBSN for a bottom for quite some time when we finally decided to make mention of it in our morning report yesterday. The stock was in an overall downtrend for many months leading up to its all-time low which was recorded just last month.

We seem to have brought GBSN back into the fold at a very opportune moment, as yesterday marked one the stock’s largest single-session gains of the year so far. From its morning low of .1951, we watched as it shot to a daily high of .2698 which hashes out to a healthy intraday day pop of 38% on double its 3-month average volume.

Ideally we’d like to see GBSN maintain support above yesterday’s swing low while attempting to test the key area of current resistance at a previous swing high of .33.


Rockwell Medical, Inc. RMTI 

Another notable mover from yesterday’s session is RMTI, which managed a strong push over the first couple hours of trading. The stock traded from a daily low of 6.90 on up to 8.63 on approximately four times its 3-month average volume, which represented a respectable 25% move up.

We’ll continue to keep an eye on RMTI moving forward, especially in light of the interesting PR to hit wires this morning alluding to a potentially lucrative agreement that puts the company in line to market its treatment for end-stage renal and chronic kidney diseases in China.


Other Notable Gainers

Provision Holding, Inc. PVHO

We tagged PVHO for observation in our report dated a week ago today, meaning it took just four sessions for this idea to yield a great opportunity for a lucrative swing-trade. We observed a low of .084 subsequent to that alert and the stock hasn’t looked back since. It has set higher highs in each ensuing session, culminating in yesterday’s high of .18. That marked a move of 114% so cheers to anyone who was along for the ride!

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Horsehead Holding Corp. ZINC(Q)

We introduced ZINCQ as ZINC a couple of weeks ago before the Q was appended, and despite the bankruptcy status, we’ve seen quite the move out of the stock.

We showed up slightly early to the party, introducing it as a bottom-watch play on the first of this month, but that just ensured that we had a chance to position ourselves before the fun began. Our observed low subsequent to that initial alert was .06 just a couple days hence, and that eventually gave way to yesterday’s impressive new high of .335, which marks an epic 458% run.


Extended Watchlist:
PKGM, PFSD, MINE, AWGI, ATOS, RGLS, CTIC, FLXN

Blue Horseshoe Stocks: PHOT Recap, Options Review & More

Growlife, Inc. PHOT

Amid a troubled market when a lot of stocks are stagnating, or even worse, plummeting, we managed to catch onto a great idea in yesterday’s premarket report with PHOT. Granted that we hadn’t mentioned the stock since the end of October, the timing in bringing back to the table was impeccable.

As you can see on the intraday chart below, PHOT logged a morning low of a penny before ramping its way up a full 100% to a daily high of .02 by early afternoon. It traded in a tight channel for the remainder of the session and managed to maintain a vast majority of those gains into the close at .0195.

While its actions alone certainly qualify for putting PHOT on a continued momentum watch, we’d urge a strong note of caution due to the fact that it is currently garnering a grey listing and caveat emptor warning at OTC Markets.


Alphabet Inc. GOOG – Options Idea

Our options idea from yesterday’s report turned up some excellent quick-strike chances in the first half of the session. We tagged a wide swathe of contracts in the range of GOOG Weekly $780-800 Calls, and each of the eight included targets provided similar gain opportunities.

In the interest of time, we’ll just provide the intraday swings on the first and last contracts in the series. The $780 Calls ran from a low of 6.70 to a high of 15.45 (+131%) and the $800’s made a jump from 1.90-5.50 (+190%).

Again, similar profits could have been attained with any one of the contracts in our highlighted range. Cheers to anyone able to take advantage of those moves which were propelled by GOOG’s post-market earnings beat on Monday.

Added Note: Stay tuned for tomorrow’s report when we’ll be formulating some fresh ideas based off of one or more of the high profile earnings releases slated for post-market today (GPRO, GM, YUM, etc.)



Form-4 Watchlist:

GIGA, IBTX, ALNY


Extended Watchlist:
PACB, VBLT, NWPN, AWGI

Blue Horseshoe Stocks: TPAC, TRTC Recaps & More

 TerraTech Corp. TRTC

TRTC is a stock we’ve been familiar with in the past that we re-alerted in yesterday’s premarket report, and the timing was excellent. The recent surge in this marijuana stock was catalyzed by Tuesday’s announcement that the company had acquired one of California’s highest-volume medical cannabis dispensaries (>>View PR)

Tuesday’s session brought a comparatively modest move before the news really had a chance to circulate, but the fact that the deal creates the first dispensary attached to a publicly-traded vehicle cause large outlets such as Forbes and TIME Money to post articles on TRTC toward the end of the day.

The buzz generated enabled us to swoop in with our premarket mention yesterday just in the nick of time to catch the stock’s run from a low of .1148 all the way .182 for a solid 59% intraday surge. The stock managed to hold at .1797 into the close and did so on over ten times the 3-month average volume, so we’ll definitely keep watch over the impending activity today.


Trans-Pacific Aerospace Co., Inc. TPAC

TPAC was a huge call for us yesterday morning as well producing a potential double-bagger for traders despite the fact that we had already tracked it to huge gains just recently.

We began mentioning TPAC midway through December, and around that time we’d observe the stock trading at a low of .0006. We continued to track it over a huge run-up which culminated in the mid-.006 range last week before the stock started to see some consolidation.

Yesterday morning’s re-alert was a result of our noticing TPAC rebounding off of a bottom on Tuesday, and the recovery continued as it ran from .0018-.0039 on the day. That goes down in the books as a 117% intraday surge from a stock that has now treated us to multiple swing-trade opportunities in recent weeks.


Ambient Water Corp. AWGI

Also coming off of yesterday’s watchlist with a respectable intraday performance was AWGI, which took off from a low of .0076 and reached .0109. That represents a nice intraday run of 43% and it came on massive volume of just over fifteen times the 3-month average.  That definitely raises AWGI to potential momentum-play status, so we’ll need to keep an eye peeled for further activity as things get going this morning.


Chatroom Reminder

We caught PVAH in yesterday’s live trader’s chatroom, and would have a chance to jump in as low .047 before it ran up to .083 for an intraday move over over 75% It’s definitely one that we will want to continue to watch for the establishment of higher base levels of support moving forward.

It also gives us a reason to remind our readers that participation in our daily trader’s chats which currently take place via Skype is as simple as sending a contact request to username ‘stocksumo‘. All of our loyal readers are most welcome to join in!


Extended Watchlist:
ELGL, GNBT, VOIL, BLTA, COLV

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