Blue Horseshoe Stocks: Options Ideas, Chatroom Call & More

Options Update

Medivation, Inc. MDVN

The fresh idea that we produced in yesterday’s morning report was a rousing success. We had our sights set on MDVN Weekly $41.50-43.50 Calls as outlined in our watchlist, and from within that range came multiple chances for outstanding intraday gains.

$42 Calls – Trading Range: .54-4.29 – Max Gain: 694%
$42.50 Calls – Trading Range: 1.75-3.70 – Max Gain: 111%
$43 Calls – Trading Range: .80- 2.07 – Max Gain: 159%\

The stock is gapping up drastically in the premarket, so we expect it to add to those gains this morning.

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Fresh Ideas:

Tesla Motors, Inc. TSLA – Today we’re going to hone in on TSLA Weekly $240-250 Calls* for possible daytrades.

ProShares Ultra VIX Short-Term Futures UVXY – The markets don’t seem to be responding well to the new jobs figures. Our related target is going to be Weekly UVXY $19-21 Calls*.

*Don’t forget, trading weekly options on Friday is very risky. Not to be attempted if you’re anything less than an expert trader!


Bottom-Watchlist Updates

RCPI, TWER, SKYS, UAMY

Yesterday morning, we gave our readers a heads-up on four big board plays that were trading at relative bottoms that we wanted to watch for rebound activity. While it was the most pronounced in SKYS, all four of them produced some level of intraday upswing.

Sky Solar Holdings Ltd. SKYS – As we said, the clear winner for the session was SKYS which rode a wave of upward momentum from a morning low of 1.30 to a subsequent high of 2.58. That gave anyone who caught our alert a chance at gains of up to 98% on the day! The ranges and gains on the remaining trio of bottom plays were as follows:

Rock Creek Pharmaceuticals, Inc. RCPI – Range: .295-.365  – Gained: 24%

United States Anitmony Corp. UAMY – Range: .1997-.243 – Gained: 22%

Towerstream Corp. TWER – Range: .1099-.129 – Gained: 17%

We’ll leave all four on our radars in sessions to come to spy for signs of continued recoveries, with the recording of higher lows and higher highs.

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Strikeforce Technologies, Inc. SFOR

We also had SFOR come off of our extended watchlist to put up a solid session. The stock ran from a low of .0007 and reached .0013 for an 86% intraday rip.


Latest From the Chatroom

As many of you already know, we conduct daily live traders chats via Skype, and one of our valued participants produced another bigtime winner yesterday. DJ was at it again with his knack for sussing out hidden gems, and the whole group benefited.

He spotted NVNT and shared with the room, and what followed was an epic run from .002-.024 (+1100%).

If this isn’t an example of why we urge our readers to get involved with the chats nothing is, so do yourself a favor and send a Skype contact request to username stocksumo and start participating today!


Extended Watchlist:
CDNL, SBFM, TAUG, BTFL, SCTY,

Blue Horseshoe Stocks: Potential Momentum Plays & More


Skystar Bio Pharmaceutical Company SKBI

SKBI is new to us, and it caught our eye as one we’re going to need to watch over coming sessions. It has recently been trending up on light volume, and we like the setup of the chart; as you can see below there are a number of tech indicators pointing to the possibility of further gains. We’ve got a rapidly strengthening RSI rushing toward the 50-line, along with a recent MACD cross showing sharp upward divergence.

We’re going to want to see SKBI hold the low .60’s range as support going forward to maintain our confidence in its ability to keep stringing together more positive sessions.


Coastal Integrated Services, Inc. COLV

COLV was included in yesterday morning’s extended watchlist as an item of interest, and it did perform well enough for us to leave it on our radar to watch for a possible continuation of momentum.

The stock traded in a range from .0011 to .0015 for a modest 36% intraday burst, and it came in on slightly higher than average volume. In order to hold our attention, COLV needs to continue to establish higher base levels of support so to start with we’ll be looking for it to maintain above yesterday’s .001 swing-low.


Penn Virginia Corp. PVAH

We mentioned PVAH in yesterday’s daily report, and the stock posted a decent intraday performance even despite having been recently delisted from the NYSE and relegated to trading on the OTC.

From an early low of .058 the stock managed a healthy 46% pop, running as high as .0848 on the day. Like the aforementioned play, we want to see PVAH trade no lower than yesterday’s low to keep our interest piqued into next week.


Extended Watchlist:
TALK, BTFL,MCOA, GDPM(coming off lows), SIRG(momentum play)

Blue Horseshoe Stocks: SUNE, DIS Updates & More

SunEdison, Inc. SUNE

We first began mentioning SUNE last month, as we were noticing the stock had been steadily beaten back since midsummer. We placed the stock on bottom-watch and since reaching its ultimate low of 2.55 on November 20th, it has been making steady strides to the upside.

We tagged the stock for more intensive tracking in yesterday’s premarket report, and were met with even more advances. SUNE put forth a modest but solid 15% increase as it traded in a range from 5.65-6.47. From our observed low just a few weeks ago, SUNE has produced an overall increase of 154%  We’ll continue to stay hot on its trail for as long as the bullish trend remains intact.


Options Recap – The Walt Disney Co. DIS

We were able to take advantage of the excitement surrounding DIS yesterday morning by submitting Weekly DIS $112-116 Calls for tracking, and in what seems like it’s become a regular occurrence for us, each and every set of contracts in our specified range made excellent intraday moves.

Here are the gains that were possible during yesterday’s session with these calls:

$112 Calls – Trading Range: 1.25-2.32  – Max Gain: 86%
$113 Calls – Trading Range: .80-1.58  – Max Gain: 98%
$114 Calls – Trading Range: .46-.95 – Max Gain: 107%
$115 Calls – Trading Range: .29-.54 – Max Gain: 86%
$116 Calls – Trading Range: .16-.29 – Max Gain: 81%


More Chatroom Success

Our good friend and chatroom participant, DJ, was up to his old tricks yesterday, entering yet another winning play into the mix.

NUVI was .008 x .009 at the time of DJ’s post (pictured above) and the stock ended up pushing to .0272 for an awesome 240% intraday surge.

Once again, a great example of why its a good idea to participate in our daily trader’s chats. To get involved, just send a Skype request to ‘stocksumo’.


Fresh Options Ideas – AAPL

This morning we’re looking to AAPL for a possible rally; the stock is gapping up and thus we will be looking for a potential dip-and-rip scenario. We are going to want to keep the Weekly $111-113 Calls on watch for today and tomorrow.

In the event AAPL pushes past the $113-mark, we’d of course look to roll up our strike prices to the $114’s and possibly even $115’s, depending on the magnitude of the surge.


Extended Watchlist:
SNGX, CHIT, EFFI, SRCO, VNTH, BTFL