Tag: F

Blue Horseshoe Stocks: New Options Ideas

Jammin Java Corp. JAMN

We’d like to radar a familiar old play that we haven’t taken a close look at in nearly a year. JAMN, over the course of the past couple of months, has tumbled its way back to bargain-basement prices.

Now a subpenny play attempting to get a leg up over newly-registered 52-week lows, we’re going to be observing the stock for a potential recovery in sessions to come, as regaining just a fraction of the ground it’s lost recently could spell multi-bag upswings from current PPS levels.

Fresh Options Ideas

We’ve got a couple of new ideas on the options trading front this morning, and based on positioning on their charts, both of the following stocks may also be ripening for possible swing-trade opportunities.

Ford Motor Co. F – In addition to a slight ascending wedge pattern, F has a sizable gap to the upside not far off of the current pricing. Additionally, short interest on the stock has decreased by a large margin, setting us up to track some potential options ideas to correspond with what we think should be some upward momentum in coming sessions.

Along with F stock itself, we’re going to be tracking the F 10/14 $12-13 Calls for possible swing trades.
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Freeport-McMoRan, Inc. FCX – We’re interested in this copper play for a couple reasons this morning. A huge asset sale valued at roughly $2B hitting the newswires (>>Read More) is what has drawn our attention to FCX, in conjunction with a bottom bounce signal off of 5-month support levels on the chart.

We’ll be on the lookout for chances in the FCX 10/14 $11-12 Calls. Like the previously mentioned play, time won’t be as much of a factor here, with just over a month until these contracts are set to expire.

Extended Watchlist:
KTOS, NUGN, TURV, AGTK, TPLM

Blue Horseshoe Stocks: AGTK Recap, Options & More

Agritek Holdings, Inc. AGTK

The standout runner from yesterday morning’s premarket report ended up being AGTK. We noticed it had been ramping up in PPS over the preceding two sessions, and figured it was worth tracking. We were right on in our assumption, as the stock traded in a respectable daily range, running into the close with strength.

AGTK saw an early low of .00168 before running to a high of .0025, representing a single-session spike of 49% The move came on stronger-than-average volume, and marked the third straight session of higher highs and higher lows.

We’ll remain interested in tracking the activity in AGTK provided it can hold support at or above .002; next key areas of resistance are at the 50 and 200DMA’s at .0029 and .0031, respectively.

Options Ideas:

We’ve got a pair of options chains to watch as well, for the following ideas:

Ford Motor Co. F – Our idea concerning Ford is based more off of technical factors of the current chart. As you can see, there are a number of indicators pointing to the possibility of a forthcoming recovery. We want to select a set of contracts with an extended expiration to give our idea time to manifest; the F 09/16 $12.75 Calls. The stock is searching for a bottom, and we’ll need to wait until just the right moment when it begins to rebound and possibly make a run at filling the gap.


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Time Warner, Inc. TWX – The other plays we’re going to be keeping an eye on are short term, weekly expiration ideas: TWX Weekly $77-79 Calls.

Odyssey Marine Exploration, Inc. OMEX

Lastly, we want to put another new play on watch, based purely off of the look of the chart. As you can see, OMEX is in the process of filling a major gap on its chart from this spring, and it just bulled through its 200DMA yesterday. The RSI has also cracked into the power zone, so we’ll definitely be observing the near-term activity on this play.

Extended Watchlist:
ASTI, COSI, TEUFF, MGT, PTX, SHIP, GLBS

Blue Horseshoe Stocks: GEVO Recap, Potential Bottom-Plays & More

Gevo, Inc. GEVO
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We tracked GEVO to some nice gains late this spring, and re-admitted the stock into the conversation in yesterday’s report. We were met with a respectable intraday increase as it traded up from a low of 2.37 to a daily high of 3.00. It registered as an opportunity of single session gains of up to 27% on volume of more than twice the 3-month average.

The stock is pulling back slightly in the premarket today, but we could see some further chances from this play into next week, provided it can continue to build a higher base of support in coming sessions. We’ll want to see the stock maintain above yesterday’s swing low of 2.37 to remain interested at the moment.

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Potential Bottom-Plays

PostRock Energy Corp. PSTR

We spotted some potential in PSTR after catching it on a routine scan recently, and thought it’d be a good time to mention it as it is coming up off of recent relative lows.

The stock ran into some resistance just a tick below its 50DMA of 2.76 yesterday, and that’s going to be the figure we watch for a break. A move past that point, and there doesn’t seem to be much standing in the way of this low-float play running up to the level of its current 200DMA, presently sitting at 4.01.
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Wizard World, Inc. WIZD

WIZD is a stock that has recently been beaten back to new 52-week lows, and as our regular readers are well aware, we’ve had an exceptional amount of success in the past with stocks in just this position. As you can see on the prepared chart below, WIZD is drastically oversold at the present time, and trading at just a fraction of its moving averages.

We’ll keep this stock on the radar heading into next week, and have our eyes open for a move up off of these newly attained lows. On a side note, the company just announced that the comic convention it is hosting the third week in September has secured an appearance by legendary boxer, Mike Tyson. >>VIEW PR 

Fresh Options Ideas

LinkedIn Corp. LNKD – Despite a hefty beat on earnings and raised guidance by the company, LNKD shared slipped more than 5% during yesterday’s session. The reactionary slide was primarily due to the perception of weakness in some of the areas of LinkedIn’s core business. Despite that fact, we want to offer up a longer-term options idea relating to the stock’s potential recovery over the next several weeks. We’re going to give specific attention to LNKD Sept. 11th $210-220 Calls.

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GoPro, Inc. GPRO & Expedia, Inc. EXPE – Both of these stocks are gapping up in the premarket this morning, so as a closing idea for the week we’ll be monitoring Weekly Calls in each of them for a possible dip-and-rip. Those ranges of highest interest to us are GPRO $63-64.50 Calls, and EXPE $115-117 Calls.

Options Trading Side Note:

Don’t forget about the success we’ve had this week with the Weekly Ford (F) $14.50-15 Calls, and Weekly MU $19.50-20.00 Calls. We’ll have our eyes peeled for the possibility of seeing some added spikes as the trading week comes to a close.

Extended Watchlist:
RGSE, CVEO, MXWL, HTCH