Blue Horseshoe Stocks: Another Big Week on the Books

Spot-On Options Review
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Our success with identifying potentially lucrative short-term options trading ideas continues to persist as we close out yet another amazing week of gain opportunities for ourselves and our followers. Please, if you’re not signed up for our newsletter, CLICK HERE and get subscribed today. Our options acumen regarding quick-strike, high volatility plays is second to none.

Case in point, we formulated a trio of fresh ideas for yesterday morning’s premarket report, and all three produced enormous intraday multi-bag moves. Here were the total gains available:

AMGN Weekly $185-187.50 Calls
$185 Calls – Range:
 .98-4.55 – Max Gain: 364%
$187.50 Calls – Range: .28-2.35 – Max Gain: 739%

SHOP Weekly $327.50-335 Calls
$327.50 Calls – Range: 6.90-22.87 – Max Gain: 231%
$330 Calls – Range: 6.08-20.67 – Max Gain: 240%
$332.50 Calls – Range: 5.10-18.00 – Max Gain: 253%
$335 Calls – Range: 2.70-15.97 – Max Gain: 491%

BYND Weekly $180-170 Puts

$180 Puts – Range: 3.20-9.62 – Max Gain: 200%
$177.50 Puts – Range: 2.44-7.91 – Max Gain: 224%
$175 Puts – Range: 1.70-6.29 – Max Gain: 270%
$172.50 Puts – Range: 1.20-4.56  – Max Gain: 280%
$170 Puts – Range: .85-3.45 – Max Gain: 306%
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Fresh Ideas: 
BABA Weekly $165-162.50 Puts*

*NEVER trade weekly expiring options on a Friday unless you are an advanced level trader, and have access to disposable funds. 


PCT Ltd. PCTL – Recap

We tracked PCTL to some pretty impressive gains following our initial alert on the play just under two weeks ago. We continued tagging it in our extended watchlist into this week, and after a brief consolidation, we observed more bullish activity out of the stock.

On Wednesday, PCTL dipped to a low of .0095, very briefly existing as a subpenny play once again, before making its next move. That led to a high of .02 yesterday, which represents a two-day swing of 111%


Extended Watchist: 
ZYNE, XXII, CGIX, PINS, CRON, RRD, RDFN, CDNA, DSLV

Blue Horseshoe Stocks: CGC Review & More

Canopy Growth Corp. CGC

We are incredibly proud of our alert on CGC a few weeks ago. The company had just seen its large investor, beverage behemoth Constellation Brands (STZ) had increased its stake Canopy by more than $4B.

This was a key factor in our formulation of the idea to track the CGC 09/21 $30-40 Calls, which we presented to our readers on the morning of August 15th. At the time, CGC stock was trading at a low of 29.05. The bull run which followed has been an absolute thing of beauty. This morning in the premarket, CGC stock has traded for as much as 57.05, marking a rise of 96% in a matter of three weeks.

That incredible move up has facilitated some unbelievably large gains in our designated call contracts. Their overall ranges and possible gains over that time span are as follows:

$30 Calls – Range: 1.76-21.82 – Max Gain: 1140%
$35 Calls – Range: .56-17.30 – Max Gain: 2989%
$40 Calls – Range: .16-12.30 – Max Gain: 7587%

Fun Fact: The purchase of ONE contract for $16 at the $40 strike point on the day of our initial alert, would have been worth $1214 at its highs this morning!  Cheers to anyone who has gotten even a piece of that action!
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Added Note: Canopy Growth is of course a cannabis related stock, so while we’re on the subject, here’s watchlist of lower priced pot plays to also watch as we head into autumn, traditionally one of the best times of year for the cannabis sector as a whole.

NXTTF, MYMMF, APHQF, RVVTF, TBPMF, SPRWF, INSY, CRON


Extended Watchlist:
NBEV, VCEL, SNES, CHFS, CDNA, VRA

Blue Horseshoe Stocks: LINU Recap & More

LiNiu Technology Group, Inc. LINU

We’re going to start things off today by providing an update on our coverage of a really nice move in LINU subsequent to our most recent alert on the stock from the morning of September 11th.

We observed a low of 1.05, and after a huge run on Friday, LINU reached as high as 3.20. It represents a very nice 205% move for us in under a month’s time. Volume over the saem period has been extremely elevated, and Friday’s session logged the highest single day volume in the history of the stock.


Constellation Brands, Inc. STZ – Options Update

After Constellation put out solid earnings and guidance on Thursday morning we highlighted our interest in the STZ 10/20 $210-220 Calls and they produced intraday gains of 84-142%

We reported this in Friday’s newsletter, mentioning that further opportunities could be on the horizon and we did see some good action for that session as well.

The $210′s traded in a daily range from 1.85-2.85 (+54%), the $215′s went from .65-1.05 (+62%), and the $220′s made a push from .25-.38 (+52%).


Extended Watchlist:
SANP, BLDP, MTBC, CDNA, TROV, CLNT, CYTX

Incoming search terms:

  • ideavpo

Blue Horseshoe Stocks: MNKD Recap & More

MannKind Corp. MNKD

We’ve been tracking MNKD pretty closely since April (saw a low of .6662 in May), and more recently, mentioned it in both Monday’s and yesterday’s premarket reports.

The intraweek swing made by the stock has been rather impressive, as it ran from a low of 2.01 on Monday to a new high of 6.51 yesterday. That works out to an increase of 224% Even readers who only caught yesterday’s alert still had a shot at gains of up to 80% (3.62-6.51).

Now’s a good time to mention our daily traders chats for the first time in awhile. These Skype-based live chats are open to any of our readers (Send contact request to “stocksumo”), and often provide added ideas over and above what we include in our daily premarket newsletters.

We signaled the MNKD Weekly $3.50 Calls and as you can see on the included snapshots, those subsequently ran from .40-2.80 for an intraday burst of 600%


Today we’ll want to keep an eye on the $5.00 and $5.50 Calls* in case MNKD wants to test that 6+ range again. We may also look to the 10/20 $5.50 and $6.00 Calls for possible swing trades in coming sessions.

*Important: Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s extremely risky.


Constellation Brands, Inc. STZ – Options Update

After a premarket earning beat and outlook hike. we alerted on a range of contracts in the STZ options chain yesterday morning. We were looking to the STZ 10/20 $210-220 Calls and all three produced notable moves on the day.

The $210′s ran from 2.05-4.96 (+142%), the $215′s from 1.10-2.37(+115%), and the $220′s from .55-1.01 (+84%). We’ll definitely want to continue to keep an eye on these calls, which don’t expire for another couple of weeks.


Extended Watchlist:
CDNA, XXII, KTOV, SNCR, TROV, DELT, GIGA, CEI

Blue Horseshoe Stocks: RGSE Review & More

Real Goods Solar, Inc. RGSE

We put RGSE on watch in yesterday morning’s premarket watchlist, and it turned out to be the number one gainer of the day for us.

The stock traded in a range from 1.78 up to 3.25, for an intraday gain of 83% on immense volume of more than 410X the monthly average. It marked the second time this week that we caught a huge PR which rocketed a previously stagnant stock into the stratosphere, after seeing the same thing with ECYT on Monday.

The company entered into an exclusive license agreement with The Dow Chemical Company for the POWERHOUSE™ solar shingles system, an innovative and aesthetically pleasing solar shingle system developed by Dow. (>>View PR)

We’ll continue to keep an eye on this play and watch for the establishment of higher highs and higher lows in coming sessions.


Constellation Brands, Inc. STZ – Options Idea

We’ve been waiting for a solid earnings beat gapper, which is typically the type of play we look for with regard to quick strike options ideas. STZ fits the mold today, after posting enhanced profits and outlook this morning.

The stock has been in a general uptrend for the whole of 2017, trading in an upward channel and is presently gapping up to new all-time highs. The range of calls we’ll be tracking after what could very well be a classic dip-and-rip formation are going to be the STZ 10/20 $210-220 Calls. That gives us a couple weeks to potentially see one or more significant swing trade opportunities.


Extended Watchlist:
ATOS, APVO, CDNA, COLL, INO, CLSN, ONVI, CERS