Tag: CYTX

Blue Horseshoe Stocks: Earnings-Related Options Ideas & More

Earnings-Related Options Ideas

We’ve entered into another round of high-profile earnings releases, and as our routine readers are well aware, this has become a key device in our seeking of quick-strike profits with options trading.

Ebay, Inc. EBAY
On EBAY, we’re going to size up contracts in the $58.50-60 Call range, looking for a classic dip-and-rip scenario. Usually on a gap-up after an earnings beat we see profit-taking which leads to a pullback followed by a resulting bounce. We look to get positioned in some in-the-money calls on the pullback that we can unload when the rebound occurs.

Caterpillar, Inc. CAT
CAT beat on earnings as well, and the range of contracts that we’re most likely going to find the biggest chances for gains here, should fall between $86-89.  We want to stay in the money with our strike price and roll it up in the event the stock breaks out more sharply.

Petroleo Brasiliero S.A. (Petrobras) PBR

For PBR, which is sliding back following yesterday’s post-market earnings release, we’re going to look for possible opportunities in Weekly Puts in the $9.00-8.50 range, depending on the intensity of the downward pressure we see on the stock as the market opens.

Enzon Pharmceuticals, Inc. ENZN

This is a stock that we want to put on our radars as we head into week’s end; biopharmas have been hot, and ENZN is among those that have been breaking out. We’re anxious to see how this play will continue to fare as it has been streaking into the blue sky.

It’s much like the move we saw in the past couple of weeks from VLTC, which spiked on news of an increased stake by billionaire activist investor Carl Icahn. It so happens that Icahn also owns shares in ENZN, which makes for an interesting side note. We’ll certainly want to keep this one in our sights moving forward.

Yahoo, Inc. YHOO – Options Ideas

If you recall, we were sitting on the fence with our approach to YHOO options yesterday as the internet search giant had fallen short on earnings. We noted that the heaviest action would likely be in the  $44-45 Calls or Puts, depending on the tone of the trend.

It became quickly apparent that YHOO was pulling back further upon the open,and anyone who followed our idea and latched onto the $44 Puts were in for quite a ride as those contracts traded in a range from .17-.55; an intraday swing of 223% The $45 Puts also made a move from .56-1.29, a slightly more subdued yet still very respectable 130%

Great Basin Scientific, Inc. GBSN

We need to congratulate anyone who caught our flag of GBSN in yesterday’s premarket report, as the stock made a healthy intraday run from 4.60-6.10 that could have afforded traders gains of up to 33% on the day on the heels of some FDA-related news.

Extended Watchlist:
CYTX, BTU, SCYX, IBIO

Blue Horseshoe Stocks: PBR Update & More

Our first order of business today is to welcome the many new subscribers who joined our community over the long weekend! We’re glad to have you with us; if you have any questions or some ideas of your own, don’t hesitate to send a reply to one of our daily reports. We’re always happy to interact with our readers!  

Petroleo Brasiliero, S.A. (Petrobras) PBR – Options

PBR continued to recover off its 52-week lows on Thursday, with the stock reaching as high as 6.79. As a result the contracts that we’ve had under observation since the Thursday prior to that, continued to see some action after being pushed further into the money.

The 05/01 PBR $6 Calls, in which we saw a low of .32, reached a closing price of .78; a 142% move. The $6.50 Calls’ run was even more impressive. Our observed low on those was .22, and on Thursday they closed at .60 (+172%). Anyone who had played the Weeklies could have been in for serious gains. The Weekly $6.50’s for example, traded in a range from .05-.28.

PBR is gapping up into the 6.90’s this morning, so we’ll be looking to roll our strike price up  and begin monitoring the 05/01 and Weekly $7 Calls.

Pervasip Corp. PVSP

Despite the fact that PVSP registered a high of .0035 on Thursday, that was what we refer as a “fat-finger trade” right at the open. Not much volume really went off at that level so its inadequate to calculate the gains we have seen based off of that figure.

There was, however, good trading volume as high .0023-level. From Wednesday’s low of .0013, we were offered the chance at up to 77% in profits in a span of just 24 hours.

The gains in this play have been easy to come by thus far, and it’s going to be one that we keep a continual eye on just as long as it continues to perform well.

Northstar Global Business Services, Inc. MDIN

We initially alerted MDIN last Wednesday  and on that day, the stock traded in a range from .0006 to .001, a 66% spike. On Thursday it achieved higher highs and higher lows as it ran from .0008 to .0012, offering 50% intraday gains and a 100% gain from our observed low the day before.

Important Reminder:

We want to give our readers advance notice that we will be delivering a premarket report on a new biotech stock tomorrow. It’s a sector that has been trending lately, so don’t miss out! Keep a close eye on those inboxes or schedule yourself a reminder to visit BlueHorseshoeStocks.com in the 20 minutes leading up to the open! 

Extended Watchlist:
CYTX, CAPN, CRIS, BIND, TRQ, NG

Blue Horseshoe Stocks: Mid-Week Review

Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)

Yesterday marked the third consecutive day that we had been tracking the JDST ETF, and the third consecutive session that we witnessed a northerly move. From an early low of 14.07, it would go on to attain a daily high of 17.42 on volume that exceeded the 3-month average by nearly 2M shares. That worked out to a solid intraday run of 24%

As measured from the low we observed following our initial alert on Friday morning (11.40) to yesterday’s peak PPS, the JDST has risen 53% overall.

As we’ve previously mentioned, due to the nature of the fund, extended success for the JDST is contingent upon continued hardship for gold, which continued to flirt with its 3-month lows yesterday.

Side Note:

By now, our regular readers are aware of our trading chatrooms*, which have have turned up prime opportunities in the past due to reader participation. Yesterday, we were treated to an excellent idea from ‘Tango’ in the form of PPCH:

Following this exchange, PPCH traded in a monstrous range from .006-.035, a 483% intraday rip!

Incidentally the company also has news out this morning:

MELBOURNE, Australia, March 11, 2015 /PRNewswire/ — Propanc Health Group Corporation (PPCH) (“Propanc” or “the Company”), an emerging healthcare company focusing on the development of new and proprietary treatments for cancer patients, today announced fresh new insights have emerged into the development and spread of carcinomas >> FULL PR

*Remember, any readers who’d like to get involved in our trading chats in the future can do so easily! For either the Premium or the free chats, simply add “stocksumo” as a contact on Skype and request access!

Extended Watchlist:
BLRX, ARCP, CYTX, ISR

Blue Horseshoe Stocks: LOGL, CYTX Reviews & More

Legend Oil & Gas, Ltd. LOGL

We’re wrapping up what has been one of our most fruitful weeks of 2015 so far by taking a look at the move LOGL made after we flagged it in yesterday morning’s premarket report. It isn’t too often that we run across a play that goes from a low-subpenny PPS to barrel its way well past a penny in a single session, but that’s just what happened.

The stock rose steadily from a morning low of .0038 until early afternoon, when it broke through the 200DMA of .0077 and then really took off, reaching a high of .017 on volume which exceeded the monthly average by nearly six times.

That incredible run gave our readers the chance at intraday gains of up to 347%, so hearty congratulations are in order for anyone who was able to take advantage of our timely call!

The huge move was driven in part by the same acquisition news released Wednesday morning, which caused us to flag it in our extended watchlist at that time.


Cytori Therapeutics, Inc. CYTX

We tracked CYTX to modest gains earlier this week, and yesterday the stock really began to move on news that the FDA had given clearance for CYTX to expand the scope of clinical trials of ECCS-50, a treatment for Scleroderma. >>> READ PR

From an early low of .78, the stock trended up to a late afternoon high of 1.25, which registered as an 60% intraday run on huge volume of more than 20x the 30-day average!

Options Idea

We also have a possible daytrading idea for Monster Beverage Corp. MNST which is gapping up in the premarket today. The company just beat earnings expectations, sending it into blue skies.

In the likely event that we see a continued uptrend, we’re going to be looking at Weekly $135-137 Calls for potential quick-strike trades.

Extended Watchlist:
MGT, CLNE, ARCP, DARA, PPHM, SD

Blue Horseshoe Stocks: BIOC, Options Ideas & More


Biocept, Inc. BIOC
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BIOC came off of yesterday morning’s extended watchlist making a big move to start the week. The stock traded up from a low of 1.71 and ran as high as 2.95, registering as an intraday increase of 72%  on heavy volume in the neighborhood of 17X the 30-day running average.

After pulling back slightly into the close at 2.20, BIOC is presently gapping up in the premarket this morning( High of 2.64), so we’re going to keep it on our watchlist for the time being.

The strong session came in conjunction with a positive PR which hit the wires yesterday:

SAN DIEGO, Feb 23, 2015 (GLOBE NEWSWIRE via COMTEX) — Biocept, Inc. (Nasdaq:BIOC), a molecular oncology diagnostics company specializing in biomarker analysis of cell-free circulating tumor DNA (ctDNA) and circulating tumor cells (CTCs), today announced that its blood-based diagnostic, OncoCEE-BR(TM), was used to determine hormonal status of metastatic breast cancer patients in a prospective study performed at the Columbia University College of Physicians and Surgeons in New York City. Findings from the Columbia study were recently published in the peer-reviewed journal Clinical and Translational Oncology.>>> FULL PR

Direxion Daily Russia Bear 3X ETF (RUSS)

The idea we brought forth yesterday of monitoring RUSS, which trades inversely with the Russian economy, is probably going to be one that we follow for a longer period of time given the drawn out nature of the events currently playing out in the Ukraine, and how they’re affecting Russia.

That being said, we did see some immediate upward price action as RUSS ran into the close, recording a daily trading range from 12.58 – 13.74, a modest, yet solid 9% appreciation on the day.

Added Note:

We also want to make note of a proposed joint venture in the works between two companies whose stocks we’ve mentioned in the past: First Solar, Inc. FSLR and SunPower Corp. SPWR. Both stocks began to move on word of a possible IPO for a new vehicle to be comprised of existing assets from each party. We’re going to keep them on watch as we await further updates on the situation.

They’re both gapping up further this morning, so we’ll be on the lookout for potential dip-and-rip scenarios caused by profit-taking. In such an event, we’ll be fixating on In-the-money Weekly Calls for options daytrading possibilities.

TEMPE, Ariz. and SAN JOSE, Calif., Feb. 23, 2015 /PRNewswire/ — First Solar, Inc. (FSLR) and SunPower Corp. (SPWR) announced today that they are in advanced negotiations to form a joint YieldCo vehicle (the YieldCo) to which they each expect to contribute a portfolio of selected solar generation assets from their existing portfolio of assets. Upon the execution of a master formation agreement, the parties intend to file a registration statement with the Securities and Exchange Commission (the SEC) for an initial public offering of limited partner interests in the YieldCo (the IPO). >>> FULL PR

Extended Watchlist:
CAPN, EYES, CYTX, CHGG, AXN

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