Blue Horseshoe Srocks: More PBR Success

Petroleo Brasileiro SA (Petrobras) PBR – Recap

After doing quite well with some PBR options to close out last week, we decided to update our idea to some weekly calls for this week yesterday morning, as we rolled up our strike range to the PBR Weekly $14.50-15.50 Calls.

With the head of steam that PBR has been building over the past several sessions, it came as no surprise to see our fresh ideas flourish as well. All three sets of contracts produced solid single session gains to start off the week:

$14.50 Calls – Range: .50-.91 – Max Gain: 82%
$15 Calls – Range: .25-.65 – Max Gain: 148%
$15.50 Calls – Range: .11-.30 – Max Gain: 173%


Extended Watchlist Recaps:

Yesterday we went over a couple of plays that have done well from our daily Extended Watchlists, and today we’ve got a few similar updates on more solid performers that we’ve tagged within the past few weeks. 

General Electric, Inc. GE
Called: 12/13 (>>View Report)
Subsequent Move: 6.77-8.79 +30% (>>View Chart)

Roku, Inc. ROKU
Called: 12/26 (>>View Report)
Subsequent Move: 27.06-42.98 +59% (>>View Chart)
Bonus Options Idea: ROKU Weekly $43.50-45.50 Calls

Axsome Therapeutics, Inc. AXSM
Called: Yesterday (>>View Report)
Subsequent Move: 5.79-8.89 +54% (>>View Chart)


Extended Watchlist:
DRYS, TMK, BPMX, HCA, WFT, HX, EMES, AXON, DGX

Blue Horseshoe Stocks: Fresh PBR Options & More

Petroleo Brasileiro SA (Petrobras) PBR – Recap

One of the ideas we had formulated toward the end of last week was the PBR Weekly $14 & 14.50 Calls. We mentioned in Friday morning’s premarket report that we expected the already solid gains we had seen the previous session to be expanded upon, and our assumption was accurate.

We saw epic new highs out of both of our tracked sets of contracts. The $14 Calls from our observed low of .21 on Thursday, saw a new high of .78 Friday for a two-day run of 271% The $14.50′s, which we had caught at a low of .05, ran to .29 for an impressive 480% move over the same span.

Updated Idea:
We’re going to update our idea to some weekly calls for this week and roll up our strike range. Provided PBR can hold its 50DMA of 14.32, we’ll be looking to the PBR Weekly $14.50-15.50 Calls.



Extended Watchlist Recaps:

We’ve been doing things the same way for several years now, issuing our daily ‘Extended Watchlist’ for ideas that don’t get featured, but are stil noteworthy enough to keep watch over. Two such plays that we’ve recently signaled came away from last week with some decent progress.

Epizyme, Inc. EPZM – EPZM was included in Friday’s extended watchlist and it had a very nice intraday push, helped along by solid jobs numbers which led to a good day for the markets as a whole. EPZM traded in a range from 6.40 up to 8.19, a solid 28% jump.
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Scientific Games Corp. SGMS – On December 14th we included SGMS in our premarket report, and it has made steady and significant headway since that time, trading up from a low of 14.79 to a new high of 19.43 on Friday. A 31% move in a stock in this price range is a pretty darn good move through a few weeks of the holiday season.  We’ll continue to keep an eye on this, which has become a solid momentum mover.


Extended Watchlist:
SAGE, INSM, QEP, ROKU, KEG, SPWR, AXSM, DXCM, SXTC,

Blue Horseshoe Stocks: Huge Options Calls & More

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

If any of our readers had ever been in any doubt as to why we occasionally try to “shoot the moon” with a risky options idea containing weekly expiration contracts on a Friday, then this past Friday’s session answered their questions for good. We try to shoot the moon, because occasionally you can actually hit it! That was certainly the case with the SPY Weekly $238-50-239.50 Calls that we highlighted in Friday morning’s premarket report.

We stated our reasoning behind the idea as having noticed a “promising jobs numbers release, and what seems like it could be a bullish day for the markets as a whole.”  It really worked out exactly as we hoped, and because the SPY can be traded 15 minutes into post-market hours we got an extra boost to the monster moves we saw, which were as follows:

$238.50 Calls – Range: .33-1.41 – Max Gain: 327%
$239 Calls – Range: .07-1.00 – Max Gain: 1328%
$239.50 Calls – Range: .01-.47 – Max Gain: 4600%

As you can see, those gain opportunities ranged from really good, to ridiculously good, to full on eye-popping! Cheers to anyone who was along for the ride!


Uni-Pixel, Inc. UNXL

We’ve taken notice of what could be a prime rebound opportunity in UNXL. As you can see plainly on the chart below, the stock bottomed out at the end of last month, and has thus far been building a higher base of support in the month of May.

We’re eager to track this play to see if the trend will continue because if you’ll notice two of our favorite technical indicators on this chart, the RSI and the MACD, both are exhibiting an extremely bullish look at the moment. We’re going to place UNXL on intensive watch, because the party could just be getting started.


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Extra Note: For an added bottom-bounce possibility, we’ll also have California Resources Corp. CRC on our radar, as it just underwent a bullish reversal on Friday, and maintained more than half of its daily gains.


Extended Watchlist:
AMFE, BLDV, FCEL, AXSM, DRRX,
GST, DDR(Potential Bottom-Bouncers)