Blue Horseshoe Stocks: Continued Options Success

Twitter, Inc. TWTR – Options Recap

Our first order of business in today’s options-heavy report is to go over the second straight session of excellent intraday runs TWTR Weekly $15-16 Calls which we designated as targets in Wednesday morning’s premarket report.

This midweek, Twitter had posted losses that were less than expected in conjunction with rising user numbers. It has provided us with some really good opportunities, which were as follows:

$15 Calls – Range: .84-1.61 – Max Gain: 92%
$15.50 Calls – Range: .39-1.10 – Max Gain: 151%
$16 Calls – Range: .13-.63 – Max Gain: 384%

At this point these contracts owe us nothing. Granted that these are weeklies and it’s Friday, coupled with the fact that the stock has rushed into heavily overbought territory in just a short time, we’re fine moving on to the next thing which we’ll get to in a moment.


United Parcel Service, Inc. UPS

First we want to go over our UPS options idea that we formulated fresh for yesterday’s premarket report. This was another earnings-related idea, as a great deal of our options calls tend to be, and it worked like an absolute charm.

We signaled the UPS 05/05 $108-111 Calls and every single contract in that range produced chances for spectacular multi-bag gains on the day, with the $111′s stealing the show on a seven-bagger!

$108 Calls – Range: .48-1.70 – Max Gain: 254%
$109 Calls – Range: .23-.99 – Max Gain: 330%
$110 Calls – Range: .21-.52 – Max Gain: 148%
$111 Calls – Range: .04-.33 – Max Gain: 725%

These plays, we can leave on our radars as they don’t expire until the end of next week. If UPS manages to convincingly crack through the 200DMA at 109.00, things could get very interesting.


Western Digital Corp. WDC – Fresh Idea

As for the play that’s catching our attention on this morning’s scan, we’ve got yet another post-earnings target with WDC. The stock has been trading in an upward channel for the better part of a year now, and the company just put out a solid beat for Q3 while issuing a bolstered Q4 outlook.

We’ll try to take advantage of the commotion it’s causing on the chart with the WDC Weekly $90-92.50 Calls, but please remember the warning we always give in these situations: Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.


Extended Watchlist:
AMLH, JAGX, CEI, TNGO, ELTP, CRMD, ALIM

Blue Horseshoe Stocks: Pharma Watchlist & More

Actinium Pharmaceuticals, Inc. ATNM

We want to start things off this morning by taking a look at ATNM, for a couple of reasons. First, from a technical standpoint, the chart appears to be coming off of a relative bottom, and a number of indicators suggest that a sizable upswing could occur in coming sessions.

Those include a MACD and Histogram that look to be gearing up for a possible cross into bullish territory. Each of the past two times that occurred, the stock saw an appreciable move to the upside. The RSI also looks to be coming off of being oversold- we’ll be looking for a break of that 50-line, and the registering of higher lows and higher highs as ATNM attempts to establish a continued trend off of its recent lows.


The other factor that is indirectly drawing us to ATNM is the fact that it operates in the Pharma sector, which is sure to be at the forefront of the news with a couple of huge buyouts. Pfizer has bought Anacor (ANAC) and Luminex bought Nanosphere (NSPH). Whenever we see groundbreaking events happening in biopharma, there tends to be a rise in overall activity for the industry.

That’s why, in addition to ATNM, we’ll be placing the following couple of stocks on watch as we kick off another trading week: Inovio Biomedical, Inc. INO, and Sorrento Therapeutics, Inc. SRNE


3D Systems Corp. DDD

After an impressive run-up on the chart which lasted from January to April, DDD has taken a pretty substantial pounding in the month of May.

The stock came down to bounce off of its 200DMA on Thursday, and recorded higher highs and higher lows on Friday. We’ll look for a continuation of that trend into today, and monitor DDD for a possible recovery. We will need to see the stock hold support at or above the current 200DMA of 11.73 on any pullbacks in order for it to hold our interest. A return to its PPS levels from the end of April from this juncture would produce potential gains of at least 50%


Extended Watchlist:
STVF, ELTP, CSOC, GSAT, BCEI, PTX(Coming Off Bottom)

Blue Horseshoe Stocks: ERBB, REAC & Extended Watchlist

Tranzbyte Corp ERBB

ERBB gapped up following its inclusion in our morning report yesterday, before dipping to .007. From that point, the stock gave us an opportunity at roughly a 30% intraday gain, running to .0091.

For those who may have missed yesterday’s report: You may be interested to learn that Tranzbyte’s Altitude Organix subsidiary has made the leap into medical marijuana vending machines which they have dubbed “The Green Machine”.

An excerpt from yesterday’s PR:

All interactions with “The Green Machine” are reported in real time to Altitude Organix central headquarters so that machines can be constantly monitored, refilled, or repaired when needed. Since all machines are wired into the Altitude Organix Network, video and data can be transferred to and from each unit along with instant price adjustments in addition to other proprietary capabilities.

Following the rollout of The Green Machine, the company plans to make available to users a free companion iPhone and Android program that will enable prospective users to operate equipped machines directly from their phones, with their only interaction being that they must reach down to pick up their chosen product in the machine’s delivery door.

Continues Mr. Gwyther, “Unless you’ve been away on another planet for the past several years, you couldn’t help but notice that the politics surrounding the use of cannabis-related products in the US for medical and adult use is shifting toward acceptance on the condition that the herb is regulated and taxed. For the first time since cannabis was outlawed in the early 1900s, a majority of Americans favor the legalization, regulation, and taxation of all marijuana products.”

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Real Estate Contacts Inc. REAC

REAC, the momentum alert that we added to yesterday’s report, went on to perform nicely early in the day, running from a low .023 all the way up to .046. There was a chance at a 100% profit before the stock saw some heavy selling pressure later in the afternoon, as it pulled back significantly.

Such a consolidation seemed inevitable following the huge 2600% move from its low two weeks ago .017, but we were glad to catch the last gasp of quite a momentous run. Moving forward, we’d like to see support hold in the .013-.015 range, in order to remain bullish on this play.

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Extended Watchlist:
FEGR, PNCH, JRRD, ELTP, AFTC, AEZS, ACAD