Blue Horseshoe Stocks: BBY Options, XTRN Recap & More

Las Vegas Railway Express XTRN – Update

As we were just mentioning yesterday, a member of our daily live trader’s chat* allowed participants to snag gains of up to 300% on Tuesday as XTRN ran from .0003-.0012.

We also noted the immense volume flowing through the stock, along with a bullish close and suggested that a continuation of momentum was possible. Sure enough XTRN followed up one strong session with another, trading in an intraday range from a low of .001 and reaching as high as .0027, which works out to an intraday run of 260%

That is certainly a premium single-session gain opportunity that was available to all of our subscribers, but chatroom members* could have had a shot at the full two-day swing, which comes out to an incredible 800%

XTRN received an offer to be bought out and merge with XREE, another ‘X-Train’ company that runs scenic train tours, so we’ll be interested to see how that situation plays out.

*Do you subscribe to our mailing list? If so, you’re eligible to participate and/or observe our daily trader’s chats! Simply send a contact request to username ‘stocksumo’ and we’ll take care of the rest.


Best Buy Co. Inc. BBY – Options Idea

Post-earnings options ideas for high-profile companies have produced some of the biggest gains that we come across, so we want to formulate one for BBY today. A unexpectedly strong Q1 release has catapulted the stock here in the premarket where it has touched eleven-year highs.

We are going to be very interested to track BBY Weekly $55-58 Calls for potential swing trades, especially if the stock behaves predictably and executes an early dip-and-rip.

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Bonus Idea – Abercrombie & Fitch Co. ANF

ANF posted a mixed earnings release, beating on sales but taking a heavy loss for Q1. Still, the markets as a whole seem bullish, and ANF is gapping up moderately in the premarket. We’ll be looking at the ANF Weekly $13 & $13.50 Calls.


Bitcoin Watchlist

With Bitcoin soaring to its all-time highs, it’s taking a lot of the related stocks along for the ride. In light of this, we want to hash together a bitcoin watchlist to keep an eye on amid this historic trend:

GBTC, CNXS, CCTL, HSHS, BTCS, BTSC


Extended Watchlist:
BCRX, AERI, SHLD, GES, IDXG

Blue Horseshoe Stocks: Yesterday’s Major Movers & More

It was a great start to the 2017 trading year yesterday, with multiple movers offering up opportunities for solid single-session gains. In addition to a handful of the stocks we were watching streaking their way upward, our options idea also fared well, with the markets in general kicking off the year on a strong note.

Mountain High Acquisitions Corp. MYHI – First up is MYHI, which exhibited a big breakout from a low of  .09 and running as high as .1745. That was good for the largest intraday gain, coming in at 94% and occurring on considerable volume.

We’ll continue to monitor the situation with MYHI, and possibly be on the lookout for a dip-and-rip pattern. Should the stock briefly come down off of these highs, there could be another opportunity to time the subsequent bounce. 
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Oceanic Research & Recovery Inc. ORRV – ORRV has continuously pushed the envelope since we first began talking about it a week ago today and yesterday was no exception. We observed yet another big run, with the stock jumping from .0019 to a new high of .0036. That goes down as an intraday pop of 89%, and extends our observed range on this play inside a week by a considerable margin.

As of the .0005 we witnessed last week, yesterday’s top mark represented a total upswing of 620%

*Side Note: Anyone who participates in our daily traders chats could have gotten in even lower the previous day, at .0003, from which point yesterday’s new high marked a move of 1100%  *Send a Skype contact request to “stocksumo” to participate in our in-session traders chats!
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Hiru Corp HIRU – Another excellent play was HIRU, which started the day off at a low of .0008 and persisted with a steady climb throughout the session to wind up closing at its high of day, at .0013.

That was a daily increase of  63% and of course, anytime we see a stock end the session at its high, we always want to be on the lookout for continued momentum.


ProShares Short VIX Short-Term Futures SVXY

Suspecting that the bullish premarket sentiment would spill over into yesterday’s trading session, we signaled some options in the SVXY chain, namely the SVXY Weekly $93.50-95.50 Calls.

While we didn’t sweep the range in terms of hefty gains, there was considerable open interest in two sets which allowed for significant profits- the $94 and $95 Calls. The $94’s ran from  2.30-3.64 (+58%), and the $95’s traded up from 1.75 as high as 3.39 (+94%)
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Abercrombie & Fitch Co. ANF – Fresh Options Idea

We want to signal a range of options ideas for ANF, which is just coming off of its annual lows, and showing some signs of a reversal.

We’ll want to be ready to take advantage of a recovery, by using the ANF 02/17 $12-15 Calls, which gives us several weeks for a rebound to materialize. That being said, the gain opportunities could come sooner rather than later, so we want to be mindful of that.


Extended Watchlist:
BTCS, CNXS, OMHE, VHUB, OXIS,
NUGT, JNUG(In-the-Money Weekly Calls)

Blue Horseshoe Stocks: Kicking Off the Short Week

Options Ideas

SPDR S&P500 ETF (SPY) –  It’s been awhile since we dabbed in some SPY options and the fund is gapping up moderately in the premarket, so as we kick off this holiday-shortened 3.5 day week, we thought we’d float an idea for some calls across everyone’s desk this morning. We’re going to focus on the SPY 11/23 $218.50-220 Calls. for possible daytrades and/or swing trades over the next few sessions.

Given the Thanksgiving break on Thursday followed by just a half day for Black Friday, these contracts, which would normally be weeklies expiring on Friday, will instead expire Wednesday afternoon, so we’ll be monitoring them up to that point.

We’ll hold to this idea as long as the SPY doesn’t dip below that 218.50-mark on any pullbacks.
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Tyson Foods, Inc. TSN – Next up on the menu of options ideas today is Tyson, which we’re going to go in the opposite direction with, signaling some puts to track on the heels of an earnings miss.

We’re going to zero in on the TSN Weekly $62-59 Puts in the event that TSN records a continued backslide. Unlike the previously mentioned idea, these do expire at the end of Friday’s session (1PM) so we’ll have the entire week to watch these contracts.

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Petroleo Brasiliero S.A. (Petrobras) PBR – An old-time favorite from the past is making another appearance this morning, in PBR. We noticed the stock coming back down recently after a surge well past the $10 mark last month, and this morning, it is re-testing the $10-level with a solid premarket gap-up.

We’re going te set ourselves up tracking the PBR $9.50-10.50 Calls (also expiring Friday @1PM), which could be in line for some serious moves if the stock can maintain its present momentum through the session and perhaps over the course of this short week.


Dominovas Energy Corp. DNRG

This is a play that we’ve mentioned on occasion in the past, most recently two Friday’s ago, when we tagged it at .0014 and saw a decent 44% run to .0023 the following day.

Since then the stock has consolidated back down to that .0014 level, and we’re noticing a PR out this morning that could help DNRG on its next leg-up. (>>View PR)


Extended Watchlist:
Pennies: BTCS, GAHC, DLCR, LITH,
Shippers: SINO, DRYS, TOPS, GSL

Blue Horseshoe Stocks: BTCS Recap, EVOK & More

BTCS, Inc. BTCS

We caught BTCS on a routine scan yesterday morning after noticing some abnormal activity from the session prior. Our timing ended up being extremely fortuitous, with the stock making quite an impressive morning run.

From a low of .0013, it surged up as high as .0024 just prior to midday, for a healthy pop of 85% on almost ten times the three-month average volume. If BTCS can hold support at or above yesterday’s swing low, we’ll continue to be interested in the possibilities it may provide.


Evoke Pharma, Inc. EVOK

EVOK is another fresh play that we’re taking a look at for the first time this morning. The stock has recently fallen off of a cliff, as we’ve pointed out on the annotated chart below. Beginning with a massive gap-down earlier this month, followed by several sessions of backsliding which culminated in a new 52-week low (1.52) being set on Monday.

Yesterday’s bottom-bounce activity is what has us on alert. The stock is heavily oversold, and could be in line for a substantial rebound. We’ll want to be hanging around when that occurs, because even a return to the bottom of the chart gap at 3.50, from current levels, would spell an opportunity for significant gains.


Tempur Sealy International, Inc. TPX – Options Idea

TPX is fresh off an earnings beat this morning which has it gapping up into the $70-range. We’re going to signal a range of longer-term options ideas for us to track in the days and weeks to come. Our area of interest here is going to be the TPX 08/19 $70-80 Calls, giving us just over three weeks’ time to see a continued PPS recovery. 


Extended Watchlist:
SOULD, GYST, GRPN, EBIO, EPRS, WEYL
 NSRS(Potential Bottom Bouncer)

Blue Horseshoe Stocks: NEWC News Alert & More


New Columbia Resources, Inc NEWC

We’re circling back around to NEWC this morning on the heels of an untraded upon press release that just hit the wires. It pertains to the expansion of the cannabis side of the NEWC business, which will look to expand its hemp growing operations to zones that were previously out of the question prior to the recent ceasefire which has essentially ended 5 decades of internal hostilities in the South American nation.

BARRANQUILLA, COLOMBIA–(Marketwired – Jul 27, 2016) – New Colombia Resources, Inc. ( OTC PINK : NEWC ), a Colombian company listed in the U.S., is pleased to announce that Sannabis SAS, their Medical Marijuana joint venture, will work with CORPROPAZ to develop hemp fields in 5 different areas of Colombia for a pilot program to create new hemp industries in post conflict zones. (>> FULL PR)

We’ve also prepared a video highlighting the various aspects of the NEWC Chart, whiich we suggest you check out now!

Additionally, if you missed our initial in-depth report on NEWC, or the exclusive video interview we conducted with company president John Campo, we urge you to check those out as well.

NEWC Report

NEWC Executive Interview



More Updates:

Sophiris Bio, Inc. SPHS

We’ve been tracking SPHS all week so far, and have been met with a good opportunity for some quick profits. Subsequent to our mention in Monday’s report, we’d witness a low of 4.92 in the stock, followed by a 22% run to 5.98. Then yesterday, it held support at 5.88 as it came down slightly before jumping up to a new high of 8.55, which also happens to be the stock’s new 52-week high.

It marked an intraday run of 45% and a two-day upswing of 74% over our observed low from Monday.

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Weyland Tech, Inc. WEYL

We tagged this play on Friday (Low of 2.10), and then again in yesterday’s newsletter, and the performance we’ve seen thus far has been respectable.

Yesterday WEYL traded up from a daily low of 2.17 to a high of 2.80, representing a daily run of 29%, and an overall increase of 33% from Friday’s low.
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Exact Sciences Corp. EXAS

We also had EXAS in yesterday’s report, and the stock made a modest move of 20% from a low of 14.57-17.47. Not the magnitude of gains that we typically hope for, but considering the price range, a 20% intraday pop is nothing to sneeze at.



Texas Instruments, Inc. TXN – Options Update

We signaled a range of calls in the TXN options chain yesterday morning to correspond with the company’s earnings beat, and the chances it churned out were very nice. We highlighted the TXN Weekly $70-72 Calls and every set contained within provided a shot to make gains of 500% or more! It also yielded our third and fourth options ideas of the past week that have yielded gains of over 1000%

The potential single-session profits were as follows:

$70 Calls – Range: .10-1.96 – Max Gain: 1860%
$70.50 Calls – Range: .32-2.00 – Max Gain: 525%
$71 Calls – Range: .15-1.30 – Max Gain: 767%
$71.50 Calls – Range: .11-1.00 – Max Gain: 810%
$72 Calls – Range: .06-.70 – Max Gain: 1067%

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Fresh Options Idea: AAPL Weekly $102-105 Calls



Extended Watchlist:
TPIY, KBLB, BTCS, SQNM, BIND, BIOD, WOOF

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