Blue Horseshoe Stocks: AAPL Update & More


Apple, Inc. AAPL – Options Update

From yesterday morning’s report, we had designated a pair of Apple options contracts,
AAPL 06/01 $167.50 & $170 Calls, and as it turned out, we got a fairly decent performance out of those over the course of the day.

The $167.50′s traded up from 4.36 to hit 6.10, marking a 40% increase, and the $170′s also fared well, trading in a range from 3.30-5.00, for a bullish move of 52%

Those contracts are going to be pushed deep into the money with the gap up occurring on the heels of yesterday’s post-market earnings beat. We’ll be looking to lock in profits at the open in expectation of a dip-and-rip pattern, and if we get what we’re looking for, we will also test the waters with some other calls, the AAPL Weekly $172.50 & $175 Calls.
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Added Post-Earnings Options Idea:
Mastercard, Inc. MA Weekly $182.50-187.50 Calls


Spectrum Global Solutions, Inc. SGSI

We were just commenting yesterday morning on how we tagged SGSI on April 25th,  only to see it run from .0055 that morning, and go on to rise over 100% as it ran to a high of .012.

The stock continued to put forth opportunities yesterday, trading up in a daily range from .0082 to a new high of .0129. That works out to an intraday pop of 57% and extended our overall observed move in a week’s time to an impressive 135%


Extended Watchlist:
CRIS, FTR, SFLY, OCLR, LITE, TGOD, W

Blue Horseshoe Stocks: BABA Review & More

Alibaba Group Holding Ltd. BABA – Update

After noticing a strong double-bottom setup on the chart, we threw our hat in the ring with BABA yesterday morning by formulating an options idea to track during what we described as an overdue recovery.

The stock did exhibit the first signs of that recovery, thereby producing some nice single-session gain opportunities for ourselves and our readers. Our targeted options were the BABA 05/04 $180-187.50 Calls, and regardless of the strike price chosen within our designated range, notable able intraday profits were there for the taking.

$180 Calls – Range: 3.60-5.10  – Max Gain: 42%
$182.50 Calls – Range: 2.80-3.75 – Max Gain: 34%
$185 Calls – Range: 2.21-3.05 – Max Gain: 38%
$187.50 Calls – Range: 1.74-2.27 – Max Gain: 30%

There is, of course, plenty of time before these contracts expire, so we’ll continue monitor these ideas going forward in the event that BABA stock continues its rebounding ways. Further opportunities may arise and we’ll want to be ready.


Tandem Diabetes Care, Inc. TNDM – Update

We also wanted to update everyone on another longer term idea we formulated that has definitely worked out in our favor. We’ve had a number of stocks that we signaled our interest in earlier in 2018 slowly and steadily make monster moves for us, and TNDM is the latest one.

We initially slated this play for observation In mid-January, and after only a slight consolidation at the beginning of February, the stock established support at a low of 2.14, reversed, and began a really impressive bull run that was amplified by a significant degree yesterday. TNDM ran to a new high of 7.22. That works out to a 237% increase here in the early goings of the 2018 calendar year.


Extended Watchlist:
PVG, CRIS, EYEG, CBAY, PRPO

Blue Horseshoe Stocks: Huge Recent Success

Progressive Care, Inc. RXMD

Even though much of our focus over the past couple of years has turned to short term options trading, penny stocks have always been our bread and butter, and RXMD is an example of one that we’ve found incredible success with of late.

After appearing in our morning reports every single day this week as it streaked into blue skies, RXMD once again registered a new 5-year high of .213 yesterday. From Monday’s low of .1171 it marked an intraweek upswing of 82%

As we’ve mentioned several times now, we had the chance to get into RXMD as low as .0663 following our initial alert on February 22nd, and from that point, yesterday’s high represented an increase of 221% over a period of eleven trading days.

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Rennova Health, Inc. RNVA

Also in the penny stock arena, we did well with RNVA this week, including it in Tuesday’s premarket report. From a subpenny low of .006, the stock made a 200% move to yesterday’s high of .018, and it’s gone even higher in the premarket this morning.


Zosano Pharma Corp. ZSAN

After tagging ZSAN as a bottom-bounce play on Friday, at which time is was trading for as little as 6.8175, we’ve witnessed an explosion this week. This play has also appeared in three out of our last five reports as it has absolutely taken off.

Yesterday morning, we pointed out that despite already making significant gains, if it broke an area of key resistance we highlighted on the chart, that things could get interesting and they certainly did.

ZSAN exploded from a low of 12.57 and ran as high as 25.70, an intraday move of 104% an a mind-bending 275% over a period of just a few days. That’s fantastic for a stock that started out above six dollars!


Fresh Options Idea: SPY Weekly $274.50-277 Calls*

*Do NOT trade weekly calls on a Friday unless you are an expert level trader!


Extended Watchlist:
NTLA, OKTA, THO, MARA, NVCN, YY, ONCS, CRIS, TEUM

Blue Horseshoe Stocks: RXMD Keeps Rocking & More

Progressive Care, Inc. RXMD

We’ve talked about RXMD every day this week, because the stock has continued to streak to new highs each day. As we’ve mentioned, our February 22nd alert on RXMD enabled our readers to gain entry for as little as .0663.

Yesterday, our tenth session tracking this play, the stock soared to a new five year high of .197, registering as a total increase from our observed low amounting to 197%

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Zosano Pharma Corp. ZSAN

We put ZSAN back on our radars as a bottom-bounce play on Friday, and witnessed a subsequent low of 6.8175. From that point, the stock has made a very nice move in just a short time.

Yesterday, following yet another tag in our premarket report, ZSAN ran from 9.58 to 15.74. That worked out to an intraday rise of 64% and a total increase of 131% in a matter of just four trading days.

As you can see on the included chart snapshot, if the stock can pass through the highlighted resistance area and breach the 200DMA, things could get very interesting.


Dollar Tree, Inc. DLTR

We formulated a bearish options idea for Dollar Tree yesterday morning, and it worked out in our favor as the stock gapped down hard, followed by more backsliding during the session. Our targets were the DLTR Weekly $95-92 Puts and the two sets of contracts in the lower end of that range yielded notable intraday gain opportunities.

$93 Puts – Range: 4.00-6.10 – Max Gain: 53%
$92 Calls – Range:  2.50-4.54 – Max Gain: 82%

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Fresh Options Idea:
We also want to look at Burlington Stores, Inc. BURL on the heels of its earning release and signal a few contracts for observation- the BURL 03/16 $120 & $125 Calls.


Extended Watchlist:
NTLA, OKTA, THO, MARA, NVCN, YY, ONCS, CRIS, TEUM

Blue Horseshoe Stocks: More Options Plays

Netflix, Inc. NFLX – Options Idea

On the heels of the company’s solid quarterly report including adding over eight million new subscribers, we selected the NFLX Weekly $247.50-255 Calls as as our options trading targets, even as the stock had already pressed to a new all-time high, and there were high premiums baked into the options prices.

Our bullish hunch turned out to be absolutely correct, with the stock surging out of the gate and ultimately reaching a high of 257.71. A secondary move was there

That move facilitated some very nice intraday opportunities in our designated contracts:

$247.50 Calls – Range: 4.87-8.02 – Max Gain: 65%
$250 Calls – Range: 3.66-6.40 – Max Gain: 76%
$252.50 Calls – Range: 2.68-5.03 – Max Gain: 88%
$255 Calls - Range: 1.90-3.80 – Max Gain: 100%


Fresh Options Ideas

Continuing along the theme of using big name earnings beats as leverage to make quick-strike options trades, we’ve got a a fresh pair this morning. Ford and GE are both coming off of being oversold, compounding the chance for solid runs off of their bottoms.

We’re going to radar some contracts in each chain to try to take advantage of the situation:

Ford Motor Co. F – Feb 2nd $12 & 12.50 Calls

General Electric Co. GE – Weekly $17-18 Calls


Extended Watchlist:
OHGI, MSCC, OBLN, CRIS, PBR, TEL, STML, NXTD