Blue Horseshoe Stocks: Wrapping Up Another Great Week

Options Roundup

American Express Co. AXP – For a fresh idea yesterday, we signaled a range of AXP options that we felt would see some nice activity in the wake of an earnings beat for American Express. The targets were the AXP Weekly $64-65.50 Calls.

Our assumptions proved accurate, with major moves happening for all four sets of contracts contained within that range:

$64 Calls – Range: 1.10-3.83 – Max Gain: 248%
$64.50 Calls – Range: .81-3.20 – Max Gain: 295%
$65 Calls – Range: .44-3.57 – Max Gain: 711%
$65.50 Calls – Range: .33-2.30 – Max Gain: 597%

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Netflix, Inc. NFLX – We also had a running options idea going for NFLX since Tuesday, and the gains were extended even further for us in yesterday’s session. The NFLX Weekly $117-120 Calls have gone up every day since our initial alert, exceeding even our own expectations.

The updated figures below represent the range from Tuesday’s lows, to the new highs recorded yesterday, and the total possible gains therein:

$117 Calls – Range: 2.19-6.70 – Max Gain: 206%
$118 Calls – Range: 1.43-5.71 – Max Gain: 299%
$119 Calls – Range: 1.03-4.66 – Max Gain: 352%
$120 Calls – Range: 1.07-3.85 – Max Gain: 260%
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Today’s Fresh Ideas

Microsoft Corp MSFT  – Continuing along our extremely successful pattern of taking advantage of earnings beats for options trading this week, we’re going to submit two last ideas today. With Microsoft hitting all-time highs, we’ll be very interested in tracking the activity in the MSFT Weekly $59-61 Calls*, and if the stock manages to break $61, of course we’d have to roll our strike prices up.
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 McDonalds Corp. MCD - McDonalds’ earnings report is also being well received this morning and MCD was a stock that had been previously backsliding. We’ll look to take advantage of the potential reversal with the MCD Weekly $113-115 Calls*.

*We always issue an extra warning when highlighting an idea that involves trading weekly options on a Friday. If you’re not an advanced trader, don’t even attempt it!


Other Updates

OWC Pharmaceutical Research Corp. OWCP -
We first began talking about OWCP on September 29th, and at the time we had designated it a subpenny bottom-play. Our observed low that day was .0045, and the stock has never looked back as it’s gone on an absolutely epic ride since then.

We were impressed enough after seeing it run over 1500% past the seven cent mark in the first week we were tracking it, but what came next was on another level. We called for our readers to watch for a dip-and-rip off of that initial run, and that’s just what happened.

The stock reached an incredible new high of .191 yesterday, marking a surreal 4144% gain over our observed low from just three weeks ago.

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GreenGro Technologies, Inc. GRNH – As we’ve been mentioning all week, cannabis plays are hot once again, and one of the latest movers in that department has been GRNH. We tagged it along with several other pot stocks that have been performing well on Tuesday. Since that time, it has traded up from .0905 to  as high as .142, a 57% pop.

From our next most recent alert on GRNH on October 4th, the move has been even more impressive (.0651-.142; 118%).

As we said, we’ll continue to have it and other marijuana stocks on close watch as we approach election day, with several states having recreational marijuana on the ballot.

We’ve also prepared a video presentation of the charts on both of these plays, which you can view by tapping the image below:


Extended Watchlist:
COBI, CNAB, CNBX, NGMC, VAPR, OPTT, EVDY

Blue Horseshoe Stocks: LNKD, URBF Recaps & More

LinkedIn Corp. LNKD

If you recall, LNKD was gapping up heavily on an earning beat in the premarket on Friday, leading us to signal a range of options that we felt would provide ample daytrading opportunities early on; specifically, the Weekly $235-245 Calls.

The ensuing action made extremely notable gains possible right out of the gate, as each and every set of contracts within our target range recorded an appreciable intraday pop:

$235 Calls –  Range: 3.50-11.00 – Max Gain: 214%
$237.50 Calls -  Range: 2.10-8.56 – Max Gain: 307%
$240 Calls -  Range: 1.34-6.35 – Max Gain: 374%
$242.50 Calls -  Range: .90-4.20 – Max Gain: 367%
$245 Calls - Range: .42-2.76 – Max Gain: 557%

Our acumen with regard to selecting extreme potential options plays has been continuously improving, and has been a great way for us to add diversity to the methods by which we profit from current trends we see happening in the marketplace.



Urban Barns Foods, Inc. URBF

URBF was a great call for us on the stock side of things on Friday. We tagged this play for observation in our premarket report and were happy with the results.

After logging a low of .0027 right at the outset of the session, the stock spent the entire day pushing its upper limits en route to closing at the high-of-day (.0062). That represented an excellent intraday run of 130%, and it occurred on nearly six times the 3-month average trading volume.

We’ll certainly be keen to continue tracking a stock that closed with that type of momentum.


Viper Networks, Inc. VPER

VPER was another inclusion in Friday’s watchlist, and this super-subpenny showed some real signs of life after hitting rock-bottom at .0001 just a session earlier. The stock traded from a daily low of .0002 to .0004; a clean double-bagger. The move came in conjunction with the trading of just under seven times the 30-day average volume.


Applied DNA Sciences, Inc. APDN

Speaking of bottom-plays, we did a great job of catching APDN on Friday just as the stock was coming off of its lowest PPS since August. We observed a daily range from 3.28-3.82, which marked a 16% swing. After pulling back slightly into the close, APDN is gapping back up into the 3.70′s this morning. We’re going to be monitoring the stock for continued signs of a recovery as we begin a new week.


Extended Watchlist:
COBI, HEMP, HCTI, WSGP, WSTI, BRFH