Blue Horseshoe Stocks: Multiple Updates

UPDATES ON RECENT WINNERS

New Age Beverages, Inc. NBEV – Early last month, we caught NBEV before it went on a ride from 1.50 to 10.34, a gain of 589% but thanks to some excellent volatility, it wasn’t the last we’d hear from the stock. Following that, NBEV saw a pullback off of those highs to a low of 3.61 before retuirning to 8.95.

That works out to a 148% swing, and we’re going to be very interested to see if it can make another run and possible even surpass its previous swing high, mentioned above.
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India Globalization Capital, Inc. IGC – We caught the bottom on IGC very well, highlighting the play in our report on September 10th and seeing a subsequent low of 1.03. Yesterday, to kick off the fresh trading week the stock reached an impressive new high of 9.24. That registers as an excellent three-week upswing of 897%
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Fate Therapeutics, Inc. FATE – Speaking of solid bottom-plays, we want to track back a little further to FATE, which we signaled for observation 8 weeks ago on August 1st. Following that report, the stock traded for as little as 9.001, and after a steady bullish incline for essentially the entire time between then and now, FATE has reached new highs at 16.9365, a highly respectable increase of 88%


Tesla Inc TSLA – Update

We also signaled the TSLA Weekly $300-310 Calls yesterday morning, and so far those ideas have worked out great. The single session gains available to traders on the day were as follows:

$300 Calls
– Range: 11.10-17.00 – Max Gain: 53%
$302.50 Calls – Range: 10.00-15.15 – Max Gain: 52%
$305 Calls – Range: 8.65-13.70 - Max Gain: 58%
$307.50 Calls – Range: 7.70-12.10 – Max Gain: 57%
$310 Calls – Range: 6.60-10.96 – Max Gain: 66%

Tesla is gapping up today and looks to be ready to push these contracts deep in the money, so we’ll expect to see these ranges and possible gains extended even further from here.


Extended Watchlist: 
LODE, INPX, CLRB, SRNE, APRN, MLNT, VBIV

Blue Horseshoe Stocks: AAPL Options & More

Apple, Inc. AAPL

Our more seasoned readers will remember a time when we almost exclusively talked about microcaps trading on the OTC, but a few years ago, we decided to go to where the real money was, and have since focused primarily on quick-strike options trading opportunities. It was with AAPL that we got our sea legs in options trading, and it has been a heck of a ride since.

We’re coming back to AAPL once again to use the spike in trading activity associated with the company’s Q3 earnings beat to try to score some nice gains. The stock is gapping up into blue skies here in the premarket after rising to record high valuation, just a stone’s throw from a TRILLION dollar market cap!

We’re going to be monitoring the AAPL Weekly $195-200 Calls to try to score some nice chances this midweek.


SodaStream International, Inc. SODA

Speaking of earnings beats, SodaStream just reported on its Q2 figures, and is shining in the premarket on the heels of a strong showing and boosted guidance for the future.

We’ll look to take advantage of this situation as well, by earmarking the SODA Weekly $99-105 Calls for observation this morning.


Whirlpool Corp WHR

On Friday, we selected a range of options in the Whirlpool chain, the 08/03 $129-131 Calls, and we wanted to swing back around this morning in order to go over the success we had with those plays.
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In just a few days time, each set of contracts has made considerable multi-bag moves, which have been as follows:

$129 Calls – Range: .96-2.05 – Max Gain: 114%
$130 Calls – Range: .68-2.20 – Max Gain: 224%
$131 Calls – Range: .55-1.27 – Max Gain: 131%

Judging by the activity thus far, we’re going to want to continue to stay on top of these calls for the remainder of the week.


Extended Watchlist:
MEET, ATTU, MTOR, CLRB, FATE, SNES, RGSE, TROV

Blue Horseshoe Stocks: SIG Recap, AXON & More

Signet Jewelers Ltd. SIG – Options Idea

After noticing its solid beat on earnings and reassured guidance yesterday morning in the premarket, we selected a range of options ideas for the SIG chain. Post-earnings options calls have become our bread and butter, and SIG provided yet another example of the reason for that.

Our designated observation range was the SIG Weekly $47.50-50 Calls and all but the 49.50′s enjoyed considerable single-session gains for the day.

$47.50 Calls – Range: 3.70-6.30 – Max Gain: 70%
$48 Calls – Range: 3.21-7.12 – Max Gain: 122%
$48.50 Calls – Range: 3.10-6.00 – Max Gain: 94%
$49 Calls – Range: 2.72-6.17 – Max Gain: 127%
$50 Calls – Range: 1.97-5.21 – Max Gain: 164%
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Fresh Options Idea:
Five Below, Inc. FIVE Weekly $90-95 Calls


Axovant Sciences, Inc. AXON

We also included a tag of AXON in yesterday morning’s report, and were met with a pretty good chance for a daily profit there as well. We noticed a slew of Form-4 buys come in on Tuesday, and lo and behold, yesterday the company released news of an $840M+ licensing deal for its Parkinson’s gene therapy.

From a morning low of 3.27, the stock reached a high of 4.64, representing a modest, but very respectable 42% move on the day. We’ll be sure to leave it on our radar in the event that a more sustained move is in the cards.


Extended Watchlist:
ONTX, MRTX, ZS, IMMU, CLWT, CLSD, CLRB

Blue Horseshoe Stocks: GW Pharma & More


Eagle Bancorp, Inc. EGBN

After realizing that EGBN had been the target of dishonest short-seller tactics, we tagged some options ideas on the morning of December 5th – the EGBN 12/15 $50-60 Calls. The stock had been absolutely hammered in the previous session.

We saw some really nice moves from those contracts when EGBN immediately began to rebound ranging from 73-200% The stock dealt with some resistance over the later portion of last week and into this Monday, but managed to continue its recovery and go on to set another new high yesterday.

That produced another opportunity in a couple of the contracts we highlighted, with the $55 Calls trading from 1.20-4.40 for a 267% swing, and the $60′s exploding for a 600% rip from .10 to .70.


GW Pharmaceuticals plc GWPH
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We’re looking at a familiar cannabis stock in GWPH this morning as the company is receiving some positive attention over its announcement that it had reacquired the rights to develop Sativex, a 1:1 THC/CBD extract blend oral spray product.

The stock is seeing some bullish premarket activity, and we’re going to signal a pair of corresponding quick strike options calls. We’ll be looking for a dip and rip scenario, and tracking the relation activity in the GWPH Weekly $125 & $130 Calls.


Extended Watchlist:
ARGX, CLRB, TANH, MYO, MRNS, BIOA, DRRX

Blue Horseshoe Stocks: DIS, TRXC Recaps & More

 TransEnterix, Inc. TRXC

We made a good catch when we included TRXC in yesterday morning’s premarket report, after it was reported that the company’s robotic surgery device got the regulatory approval it needed.

The result was a very nice run from a low of  2.15 to 3.05, the highest PPS the stock has seen since the spring of 2016. That works out to an intraday push of 42% and this morning TRXC is edging even higher in before-hours trading, so we’ll want to continue to keep an eye on it moving forward.


Walt Disney Co. DIS

We highlighted some options ideas for Disney yesterday morning, after noticing that it had  a nice bottom setup on the chart, trading near its ten-month lows.

For a near-term idea we signaled the DIS Weekly $96-98 Calls and among those five contracts, three produced opportunities for solid single-session gains.

$97 Calls – Range: 1.15-1.57 – Max Gain: 37%
$97.50 Calls – Range: .81-1.22  – Max Gain: 51%.
$98 Calls – Range: .49-.89 – Max Gain: 82%

We also noticed that the $98.50s had the highest open interest, so we will want to roll up our observed range a little and keep an eye on those for the remainder of the week.


Netflix, Inc. NFLX

We also want to put a few options contracts in the NFLX chain on watch. The stock has been in a general uptrend for nearly all of 2017, with the exception of one month between late July and late August. Currently the stock is approaching extreme overbought levels on the strength index just as it was prior to that downturn.

On the flip side, boosted guidance and a strong earnings call this morning could make things interesting. Due to these opposing factors, we’re going to want to watch some contracts on both sides of the fence, depending on NFLX’s behavior once regular market hours kick in.

If the stock can’t get above $207.50, we’re going to zero in on the NFLX Weekly $207.50 and $205 Puts. Conversely, if it holds above $200 on any pullbacks, we’ll focus on the Weekly $200-205 Calls.


Extended Watchlist:
GSAT, MYSZ, NETE, TERP, SYNT, VYGR, NEOT, CLRB