Blue Horseshoe Stocks: Options Trading Ideas & More

Running Options Trading Idea – PBR

We keep going back to the well that is the PBR options chain, and almost never come up empty-handed. Just to recap this week’s action, we targeted the PBR November $16 Calls on Tuesday morning, and were promptly rewarded with an 35% intraday spike.

On Wednesday, we commented on the real possibility of seeing more action in PBR options as the stock pulled back and rebounded, and it only took until yesterday’s session to see that prediction met.

For the second time this week PBR breached the $17-mark, and as a result, the $16 Weekly Calls traded from .86 to 1.20, an intraday increase totaling 39%

Movers From Yesterday’s Watchlist

First Liberty Power Corp. FLPC
FLPC made a notable move right at the start of the session yesterday morning, opening up at .002 and rapidly running to .0027. That marked a quick chance at up to 35% in gains.

iHookup Social, Inc. HKUP
We also tagged HKUP, and the stock would provide a series of intraday swings of which one could have taken advantage; the two main thrusts were from .006-.0072 (+20%), and .0062 to .0069 (11%).

Added Notes:

The overall markets took a pounding yesterday, and after a contrary performance by TSLA which managed a positive move, the stock is pulling back today to a premarket low of 240.56. As long as support holds at that range, we’ll be expecting to see a bounce. If that proves to be the case, we’ll need to identify a proper options trading target.

Likewise, we’re looking for an upcoming bounce on the SPY which got drudged down along with the market yesterday. We may have an interest in trading SPY Calls, and should be ready for a rebound to come at any time.

SPIR (On Bottom-Watch)
We want to quickly make a note of SPIR as well. The stock fell to new 52-week lows yesterday; we always like to monitor plays like these for potential bottom bounces.

Extended Watchlist:

Blue Horseshoe Stocks: Potential Bottom Play & More

Yesterday’s Top Picks

Wednesday was a pretty good day for a couple plays off of our watchlist; top billing goes to an ETF rather than a stock.

We tagged JNUG (gold miner’s bull index) and were pleased at the scope of the run we witnessed. Over an impressive daily range from 8.43 to 12.35, it offered us the chance at gains in excess of 46%

Meanwhile, UNIS registered a solid 25% intraday move as it spiked from a morning low of 2.78 on up to 3.49. Both plays blew their 3-month average trading volume out of the water for the day.

First Liberty Power Corp. FLPC

We also want to flag FLPC today for a number of different reasons. This subpenny stock is coming off of a recent bottom, and has recorded higher lows and higher highs for the last 4 consecutive sessions. Yesterday it broke above its 50DMA (.002), and we’re going to be looking for support to hold at or above that mark in order for us to remain interested.

A quick view of the chart reveals some of the potential of FLPC:

Extended Watchlist:

PNCH, SKTO, PLUG & Extended Watchlist


IC Punch Media, Inc. PNCH


SK3 Group, Inc. SKTO

We first began talking about PNCH and SKTO last Tuesday, and have seen really good performances out of each stock since that time.

PNCH hit a high of .0149 before closing at .0142, up 42% on the day on over 2X the 3mo. average volume, and bringing our total gains on the stock thus far to 148%. BARCHART.COM is still giving PNCH a 72% Overall Buy Rating.

SKTO hit a high of .03 yesterday, an astonishing 1204% rip from last Wednesday’s low of .0023. We certainly hope that many of our readers took notice of our coverage, and were able to play SKTO for much of those gains.


Plug Power, Inc. PLUG

Yesterday we re-alerted a past play in PLUG. We were rewarded with a powerful session from the stock, as it managed to close at its high of day ( .2687), for a 24% gain on the day. We are seeing that momentum carry it into a morning gap-up, having already traded above .30 pre-market.

The next key resistance will come at the 50DMA of .33, and should we see a break past that level, there is a chance we could see this one trade up to the forty cent-range. The RSI is inclining, but has not yet reached the power zone, so we have reason to believe that the stock is not yet overbought.


Side Notes:

Alot of newsletters struggle to bring you one green play in a day. We’re not sure where else you can go to find several winners a day. Yesterday, three out of four of our selections made significant gains. The fourth, had already seen multi-bag gains this week following a prior alert.

We also want to remind everyone to keep an eye peeled for a special report we will be sending out following today’s closing bell. We have a promising opportunity in the form of a stock that we feel could close out the week with a bang. You won’t want to miss this special report. 


Extended Watchlist: