Blue Horseshoe Stocks: TNTR Recap & More

Tintri, Inc. TNTR

Our bottom call of TNTR yesterday morning to kick off the short week could not have been more perfectly timed. For more than two months the stock had been crushed down ever lower, reaching a new 52-week low once again on Friday.

We noted a significant swell in the amount of short interest in the stock, and now it appears as if the squeeze is on- the bottom bounce we said we’d be watching closely for happened right on cue and it was no small move. The stock saw its low at .36 and subsequently ran to .71, marking an intraday rip of 97%

We’re going to want to watch out for a more sustained recovery, and look to TNTR to establish higher lows over the coming sessions.


Dicks Sporting Goods, Inc. DKS

Dicks posted its quarterly report, and took off like a rocket in the premarket today, shooting up over 20% on a hefty earnings neat and raised guidance going forward.

We’re always in the mood to take advantage of a rapid spike in price action and volatility. We like to use options to leverage the activity to our benefit, and in this particular case, we are going to want to cast a wide net and keep a close eye on the DKS Weekly $35-40 Calls.
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Added Idea:
HP, Inc. HPQ Weekly $21-22 Calls


Extended Watchlist:
CODX, CRMD, NAK, CRM, OGEN, TXMD, UPL, BGI

Blue Horseshoe Stocks: Fresh Options Ideas & More

Salesforce.com, Inc. CRM – Options Update

Our fresh options idea in yesterday morning’s report panned out very well for us when all was said and done. We highlighted a range which encompassed six sets of contracts, the CRM Weekly $67.50-70 Calls, and regardless of which strike point was chosen, hefty intraday profits were there for the taking from around lunchtime, right up until the close.

The magnitude of the potential profits we observed were certainly not as epic as the two separate chances at 1500% gains provided to us by our Macy’s calls from earlier in the week, but in and of themselves, still very impressive.

$67.50 Calls – Trading Range: .70-2.04  – Max Gain: 191%
$68 Calls – Trading Range: .37-1.70 – Max Gain: 359%
$68.50 Calls – Trading Range: .35-1.20 – Max Gain: 243%
$69 Calls – Trading Range:  .12-.83 – Max Gain: 591%
$69.50 Calls – Trading Range: .13-.60 – Max Gain: 362%
$70 Calls – Trading Range:  .08-.30 – Max Gain: 275%

We must be doing something right when a 500% rip begins to seem small by comparison! In an attempt to extend our extreme good fortune with options plays this week right up to the end, we’ve prepared a couple of ideas* for possible day-trades based on premarket activity this morning.

Palo Alto Networks, Inc. – PANW Weekly $147-152.50 Calls

Baidu, Inc. - BIDU Weekly $172.50-177.50 Calls

*Pertaining to both of the preceding ideas, remember to always consider the inherent elevated risk associated with trading weekly options contracts on a Friday!


USA Restaurant Funding, Inc. USAR

After USAR offered us the chance at intraday gains of up to 51% on Wednesday as it ran from .0093-.0148, we suggested that a bounceplay could be in the cards, given the volatility we had observed- the stock had pulled back considerably toward the end of the session.

The rebound we referred to did come to pass during yesterday’s session, as USAR traded up from its daily low of  .0071 to a high of .0098. That represented a modest but solid 38% move on the day.


Agritek Holdings, Inc. AGTK – Update

We placed AGTK in our reports multiple times earlier this month, and the stock has responded with quite a nice performance in the intervening weeks since those tags.

Shortly after our most recent mention, we’d observe a low of .003 followed by a steady ramp-up at first, giving way to more significant increases this week. It culminated in a high of .0121 yesterday which marked an overall swing of 303% in fewer than a dozen sessions!

Based on its heightening activity, we’ll continue to leave a slot open for AGTK on our radar screens moving forward.


Extended Watchlist:
JCP, SUNE, EFFI, NTLK, PFSD, AEYE, RVUE, UPZS, MDFI

Blue Horseshoe Stocks: USAR Recap, Options Update & More

USA Restaurant Funding, Inc. USAR

We included USAR in our watchlist yesterday morning, and for the first half of the day it was off to the races with a healthy surge in PPS. We witnessed as the stock ran from its morning low of .0093, punched through the penny barrier, and reached a high of .0148. That worked out to an intraday pop of 51%

The latter portion of the session saw USAR slide back to new daily lows in the high .006-range. With such volatility present in the stock, we’ll certainly need to exercise caution, while at the same time continuing to scan for similar chart activity that could lead us to similar intraday gains moving forward.


Macy’s, Inc. M – Options Update

After serving up the chance at a 1500% intraday gain on Tuesday, our range of observed contracts, the M Weekly $41.50-45 Calls, had already served their purpose wonderfully.

We expected to see those contracts continue to make moves if the trading action in Macy’s stock allowed for it, but even we were blown away when yet another 15-bagger surfaced for the second consecutive session!

With the exception of the $44.50 and $45 Calls, which were too far from the money to offer up any real chances, every other contract in our tracked group yielded excellent opportunities for massive one-day profits:

$41.50 Calls – Trading Range:  .40-1.48 – Max Gain: 270%
$42 Calls – Trading Range: .22-1.20 – Max Gain: 445%
$42.50 Calls – Trading Range: .15-.81 – Max Gain: 440%
$43 Calls – Trading Range: .07-.48 – Max Gain: 586%
$43.50 Calls – Trading Range:  .05-.29 – Max Gain: 480%
$44 Calls – Trading Range:   .01-.16 – Max Gain: 1500%

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Fresh Options Idea – Salesforce.com, Inc. CRM

Today, we’ll look to possibly take advantage of the activity in CRM in the wake of its untraded-upon earnings beat yesterday. We’re going to zero in on the CRM Weekly $67.50-70 Calls for daytrade opportunities today and possibly even swing-trades into tomorrow.


Mexus Gold US  MXSG

We also want to provide a quick update on the success of another recent interest of ours. We’ve been tracking MXSG all month, and after seeing the stock trade as low as .0016 when we first started including it in our selections, we’ve witnessed it rocket to a new high of .008. That’s a huge 400% increase in just a few week’s time!


Extended Watchlist:
NERG, PGEI, IORG, PCSV(News)