Tag: DARA

Blue Horseshoe Stocks: Options Trading Ideas

Intuitive Surgical, Inc. ISRG

When we first tagged ISRG back on May 6th, the stock was just making its way down to its 3-year low, which came a couple of sessions later at 346.46. From that point, we saw a powerful uptrend that carried the stock back up to 426.43 (Jun 27th). It allowed us to play the options chain quite effectively over the course of several weeks.

Following that major run, we’ve seen some consolidation, coming back to the $380-level just recently, and currently, the stock is pressing new highs in premarket trading, to the tune of $444.

We did mention a long-term interest in the Aug.-Oct. $420-440 Calls back in June, and that insight is now paying off bigtime.

Petroleo Brasiliero S.A. PBR -Options

When we looked in on PBR on Monday, we were patting ourselves on the back for some excellent picks of last week’s $16.50 and $17 Weekly Calls, mentioning that we’d stick with the same ideas to begin this week.

It has turned out to be another great call on our part; just look at the action in those weekly calls during yesterday’s session:

The 16.50’s ran from .25 to 1.07, a possible intraweek gain of up to 328% while the $17 Calls surged from .13 up to .75, a 477% move. This was just one of many, many times that we’ve used the PBR options chain to our extreme advantage this year.

New Options-Trading Ideas

As our regulars have undoubtedly noticed, a good portion of our focus these days goes to options trading. We’ve become quite adept at spotting trends and using them to our benefit, and we’ve got a couple of new potential plays to add to the mix this morning.

Alcoa, Inc. AA

Alcoa has been building one beast of a chart over the past few months, and there looks to be no end in sight. We may be able to use this strong uptrend to leverage ourselves some nice gains out of AA Options. Specifically, the 08/16 $17 Calls, which closed at .44 yesterday after having traded in a range from .25-.48 on the day.

Yum! Brands, Inc. YUM

YUM got beat up recently, falling off a cliff at the $83-area, and yesterday was the first session since that the stock has found some support, down around $74. Our options idea here is to potentially utilize the rebound for some quick-strike gains. We’ll be monitoring the 08/08 $75 Calls, which closed at .82 yesterday.

Extended Watchlist:
DRL, DARA, TLM, PLUG, FCEL, POWR, PBYI

Blue Horseshoe Stocks: Another PBR Update & More

Petroleo Brasiliero S.A (Petrobras) PBR – Options

Petrobras continues to be one of our main conduits to making large gains. We were able to carve out another chunk of profits on Friday as the stock hit a new high for us, traversing its way up the chart to peak at 15.92. Considering we picked up on this play in the low $11-range shortly following its 10-year lows back in March, we’d call its performance since then nothing short of amazing.

Of course, our real bread and butter here has been the options chain. Last week was yet another victory for anyone playing the Call side, with every contract we were watching making some nice strides.

In particular, the 07/19 $15 Calls that we’ve been tracking for weeks now have done beautifully, hitting a new high on Friday at 1.25. From the 25-cent low we observed in the week prior, that marks a walloping 400% move!

As we’ve stated before, we will continue to stick with monitoring PBR for as long as it continues to serve us up ripe opportunities for profit.

BARCHART.COM is presently issuing PBR a 96% Overall “Buy Rating”


Intuitive Surgical, Inc. ISRG

ISRG comes back to us this morning as a play that we inserted into our running watchlist back at the beginning of May. On the 6th, we mentioned that the stock could provide us with “potential gains over the next several weeks,” and while it took awhile for things to get moving, that statement still stands.

One of our points of focus was on the ISRG chart were a pair of gap-downs that had transpired in recent weeks, and we’ll still be looking for a break of that first gap to get things started. Presently we’re looking at the Weekly $385-395 Calls for intraday flip opportunities, but if it appears we’re moving to fill the gap, we may need to roll our strike price up.

Provided ISRG does fill in the gap on the chart from roughly $400-415, over the longer-term we could find ourselves looking at The Aug.-Oct. $420-440 Calls.

Solar Wind Energy tower, Inc. SWET

We put SWET on our radar on Friday, and will continue to monitor the stock over the course of the week. The chart is exhibiting signs of ripening, and looks to still be right on the verge of potentially making a nice move, so we want to keep a sharp eye on the activity here as we kick off a new trading week.

The company released some news this morning about a cash infusion they’ve received, and we’re also going to look out for potential updates concerning SWET’s presenting at the NIBA (National Investment Banking Association) conference tomorrow (Tue. 17th).

Extended Watchlist:
FIO, DARA, ACHN, AKS, SQNM, LLNW, SA, ANV

Blue Horseshoe Stocks: ACGX Update

Alliance Creative Group, Inc. ACGX

We thought today would be a good time to revisit ACGX given the current positioning of the chart. For some of our newer readers; this was a play that has afforded us the chance at some stellar gains over the past couple of months.

Following a huge run to more than a penny back in April, we monitored ACGX for a bottom, which it found at .0035 (May 9th). Since that time, it has made a couple of significant swings, where it has run into some resistance at the .006-.0064 area. We are currently observing another strong move off of its most recent swing-low, with the stock having made higher lows for the past five consecutive sessions.

As you can see on the included chart, ACGX is on the fringe of cracking through its 50DMA, the RSI is about to flip up to the strong side, and the MACD appears to be setting up for a bullish cross. With these factors in alignment, we’re going to want to pay closer attention to ACGX over the course of the week.

Remember, per a recent PR, at the end of the month Alliance will be attending the 1st Annual Weedstock Conference in Denver (June 29-July 1), so we’ll be interested to receive an update on that come July.

More Info:
AllianceCreativeGroup.com


Provectus Biopharmaceuticals, Inc. PVCT

We spotted PVCT on a routine scan this morning, and wanted to include it given the current situation. The stock recently became the target of an upcoming class action lawsuit, and was actually halted on May 23rd. this led to a major selloff when trading resumed, triggering a gap-down.

It appears as if the firm handling suit has another couple of months to pull together plaintiffs for the case, so we’ll be long gone by the time that comes around. We are interested in PVCT purely for the potential for quick-strike opportunities as it corrects itself off of its recent lows in the .30-.70 range.

The re-filling of even a fraction of the gap on the chart could mean rapid profits for us, so we’ll be keeping an eye on this stock over the next few sessions.

Extended Watchlist:
IAG, DARA, SPEX, FREE, RNA, PBR

Blue Horseshoe Stocks: AAPL & ORFG Updates, Extended Watchlist

AAPL Options

At the risk of starting to sound like a broken record, anyone who was into the AAPL Calls that we were monitoring last week would have had a smile on their faces on Friday.

AAPL pushed its way up to highs over $644, which sent all the contracts that we were looking at into a frenzy; there were so many big gains, we won’t bore you with all of the individual figures, let’s just say that saavy traders could have managed to come away with gains on the order of several hundred percent.

Adding that performance to all of the progress in prior sessions, and AAPL easily qualifies as our biggest potential money-maker over the past few weeks.

Apple’s annual Worldwide Developers Conference begins today, and remember, there’s also a forward split coming, so there’s every chance that we have yet to see what AAPL, and more specifically, AAPL options, can really do for us.

Timeline of the Upcoming Split:

The Record Date – June 2, 2014 – determines which shareholders are entitled to receive additional shares due to the split.

The Split Date – June 6, 2014 – shareholders are due split shares after the close of business on this date.

The Ex Date – June 9, 2014 – the date determined by NASDAQ when Apple common shares will trade at the new split-adjusted price.

Orofino Gold Corp. ORFG

Our other interest from Friday also made some progress; ORFG registered higher lows and higher highs for the third consecutive day. We picked up on this play Thursday, and would observe a low of .0175 at that time. On Friday the stock pushed as high .0255, which marked a nice 46% move over the span of just two sessions.

The chart is still looking pretty ripe, as we’ve pointed out below. If ORFG can break through the channel of resistance in the .026 to .03, we could be looking at even bigger gains, so we’ll be staying tuned.

Extended Watchlist:
ARIA, HCT, IMUC, NEWL, NQ, INO, DARA(Still on Bottom Watch)

Blue Horseshoe Stocks: AAPL, ORFG Updates & Extended Watchlist

Update on AAPL Options

We’ve been tracking AAPL pretty intensively over the past couple of weeks, beginning on the 14th of this month. What has followed has been a very impressive uptrend, as we’ve witnessed a move in the stock from a low of $588 to this morning’s pre-market high of $639; that’s a 50-point move in just a couple of weeks.

Between the Beats rumor, the fact that AAPL has a forward split coming, and the approach of a new iPhone which will reportedly boast a larger screen, it seems there is a lot of speculation in the air, and we’ve done well in using it to our advantage.

Last week, we were afforded the chance at percentage increases in the hundreds and thousands from Calls in the $605-610 range, and with the continued uptrend exhibited by AAPL this week, the opportunities were still ripe for the picking in some of the pricier contracts. For example, the $627.50 Calls ran from a low of 1.97 on Wednesday, to a high 9.80 during yesterday’s session, an overnight gain of up to 397%, and appear to be gapping up even further this morning.

In the event of a sustained uptrend in AAPL, we’ll be monitoring the $635-640 Calls, making sure to keep our strike price relatively close to the money.

Orofino Gold Corp. ORFG

ORFG turned out to be a good call for us as the main feature of yesterday’s report, as the stock came down to a low of .0175 in the morning, before showing us a high .0249 shortly before the close. That equates to a solid 42% intraday gain for this bottom play.

We observed higher highs and higher lows in ORFG, and it managed to maintain well over half of those gains into the close (.0229), so we’ll continue to keep an eye on this play moving forward.

The company signed a couple of LOI’s this month, so we’ll be interested to see how those pan out as well:

Extended Watchlist:
FLST, PLX, OPTT, ARRY, NEWL, DARA(Gapping down, potential bounce?)

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