Tag: DVAX

Blue Horseshoe Stocks: Options Roundup & More

Best Buy Co. Inc. BBY

Our primary area of focus in terms of fresh picks in yesterday’s premarket report was in post-earnings options ideas, and essentially everything worked out in our favor, beginning with our ideas for the Best Buy chain, which were the BBY Weekly $55-58 Calls.

All seven sets of contracts in our highlighted range gave traders a chance at HUGE multi-bag gains on the day ranging from a triple all the way to a TWELVE-bagger! 

$55 Calls – Range: 1.60-6.90 – Max Gain: 341%
$55.50 Calls – Range: 1.12-6.19 – Max Gain: 453%
$56 Calls – Range: 1.00-5.80 – Max Gain: 480%
$56.50 Calls – Range: .61-5.21 – Max Gain: 754%
$57 Calls – Range: .50-4.90 – Max Gain: 880%
$57.50 Calls – Range: .35-4.12 – Max Gain: 1077%
$58 Calls – Range: .29-3.97 – Max Gain: 1269%

Abercrombie & Fitch Co. ANF

Our ANF calls didn’t disappoint either, despite the fact that Abercrombie’s was a much more mixed earnings release.  We said we’d be looking at the ANF Weekly $13 & $13.50 Calls, and saw some solid moves out of both.

The $13 Calls ran from .63 to 1.05 for an intraday push of 67% while the $13.50’s traded in a range from .35-.50, posting an intraday pop of 43%

Based on the present look of the ANF chart, we’ll still want to track these plays heading into the long weekend, but be forewarned, dealing with weekly options contracts on a Friday is for expert traders ONLY!

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Big Lots, Inc. BIG – Fresh Idea

We’ve had so much options trading success this earnings season, there’s no reason not to add in a couple more fresh ideas before we break for the holiday weekend. 

Big Lots beat on profits and raised guidance in its premarket release today. With no weekly contracts to look at, we’ll put the BIG 06/16 $55 & 57.50 Calls on watch in the weeks ahead.

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ULTA Beauty, Inc. ULTA – This play is gapping up hard after its own earnings beat yesterday. We’ll want to keep an eye on the ULTA Weekly $302.50-310 Calls (Again, to be considered by expert traders only)


Coin Citadel CCTL

We offered up a few bitcoin related stocks to watch yesterday in light of the hysteria over bitcoin reaching all-time highs, and the one that outperformed the rest turned out to be CCTL.

Its volatile swings provided solid chances in both the morning and afternoon. First it ran from .0004 to .0007 (+75%), followed by a pullback to .0003 and subsequent 100% run-back to .0006.

Extended Watchlist:
OTTV, GLBS, SINO, DVAX, CYTR, ZSAN, SHLD

Blue Horseshoe Stocks: Tuesday’s Winning Calls & More

Bottom Watchlist Updates

We rooted out three fresh bottom-bounce plays in yesterday’s premarket report, and got the continuing rebound action we were looking for in all three cases. The performance was enough to keep their spots on our radar for the time being.

Dynavax Technologies Corp. DVAX – To go along with the stock’s rebound (13.13-14.42, +10%), we formulated an options trading idea for the DVAX chain and those plays worked out very well. The DVAX 09/16 $12 and $13 Calls were our target contracts and both offered up the chance at some rapid intraday gains.

The $12’s made their way from a low of 1.40 up to 2.68 for a 91% push, and the $13’s far exceeded that with a move from .70 to 3.61. That was good for a multi-bag rip on the order of 416%
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ITT Educational Services, Inc. ESI – This one made a good, solid move to reinforce our idea that the stock was due for a nice rally. ESI traded in a range from .30-.48 on the day, representing a shot at single-session gains of up to 60%
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Eldorado Gold Corp. EGO– This one didn’t make a monstrous move, trading up from a low 3.48-3.71 (+7%), but it did maintain the majority of its advance. Our interest remains as long as the pattern of higher highs and higher lows is sustained.

Navidea Biopharmaceuticals, Inc. NAVB

The bottom-watchlist plays weren’t the only calls from yesterday’s report to go our way. The first in a pair of nice gainers off of our extended watchlist was NAVB. The stock traded up from an early low of .50, and made a 68% move en route to the high at .84.

The stock closed strong, just a few cents below the high at .8047 so we will want to continue monitoring it for signs of continued momentum.

Signal Bay Inc. SGBY

SGBY was the other runner from the watchlist, which included an intraday run from a penny up to .0159, a 59% pop. With a strong close at .0149, this play will remain on our list of interests as well.

Extended Watchlist:
EVOK, CLCD, AGIO, CRIS, APA

Blue Horseshoe Stocks: Bottom-Bounce Watchlist & More

Bottom-Bounce Watchlist

We’ve got a trio of potential bottom-plays hitting our scanner this morning, and as our regular readers are surely aware, we’re quite fond of bargain-basement prices. Our history is chock-full of solid recovery based gains.

Eldorado Gold Corp. EGO – This gold play showed up on our radar this morning after Friday saw the stock record a hint of a rise off of its lowest PPS since early April. As you can see on the included snapshot below, the chart is boasting an RSI that appears ready to come off of being oversold, with clear convergence on the MACD hinting at an impending bullish cross. We’ll place this one on watch for upcoming sessions as we kick off this short trading week.


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ITT Educational Services, Inc. ESI – This stock showed signs of life on Friday, coming up off of the new 52-week low it registered on Thursday. In addition to being egregiously oversold at this point, there is a monstrous gap on the chart from the low-.70’s on up to the 1.40 range. We’ll be looking for an eventual fill which would of course spell gains approaching 100%

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Dynavax Technologies Corp. DVAX – In a moderate morning gap-up, DVAX has already begun to regain some of the ground it lost on Friday following the FDA’s decision to delay its decision on the company’s hepatitis vaccine. No surprise, as the 30% selloff seemed a bit of an overreaction.

We’ll look for the rebound in progress to continue, and will remain interested provided it maintains support above this morning’s premarket low of 12.27. Bonus Options Idea: If the recovery unfolds as we suspect it might, we’ll be anxious to tracj the activity in the DVAX 09/16 $12 and $13 Calls.

Auscrete Corp. ASCK

We also want to provide a brief update on ASCK, a subpenny play which we placed on watch in Wednesday’s premarket report. After coming down to find support at .0023 the stock ultimately reached a new high of .0065 on Friday.

It marked an intraweek swing of 183% and qualified for a continued spot on our working watchlist.

Extended Watchlist:
NAVB, KGJI, SGBY, NAV, SPU