Blue Horseshoe Stocks: Updates, Options & More

First thing’s first- we have a few of updates from our premarket report on Tuesday, that we held over until today in favor of the Special Report which we published yesterday.

Neothetics, Inc. NEOT

One of the real standouts from our premarket report on Tuesday morning turned out to be NEOT, which stair-stepped its way steadily up the chart all day long.

From its low of .83, the stock traded up as high as 1.99, which worked out to an intraday increase of 140% and the move occurred on extremely high volume, to the tune of more than 85X the monthly average.

Yesterday, NEOT transitioned into consolidation mode off of that impressive high, so we’ll be monitoring it for support, because the recent volatility suggests that a significant rebound could ensue.


 TransEnterix, Inc. TRXC

We caught TRXC on Monday after it was reported that the company’s robotic surgery device got regulatory approval. The result was a very nice run from a low of  2.15 to 3.05 (+42%) on that day. Tuesday, we mentioned that we’d be on the lookout for further gains, and the stock did go on to hit new highs.

Tuesday TRXC ran from 3.28 all the way up to an even 5.00, an intraday gain of 52% and an overall increase of 133% from our observed low at the beginning of this week.

Yesterday, much like NEOT, TRXC began to pull back, and so we’ll also want to continuie watching this one for a potential dip-and-rip type formation.


Firefish, Inc. FRFS – Chatroom Call

FRFS was .0047 when we alerted it our trader’s chatroom on Tuesday morning. As of yesterday’s high of .077, we had witnessed a mind-blowing two-day swing of 1538% With the kind of price action and volatility we’ve seen exhibited by FRFS in the past two days, we’ll definitely want to keep our eyes peeled for further activity.

This play is another good example of why we encourage our members to get involved with this aspect of our daily activities. Ideas that come to us after 9AM Eastern don’t make it into our premarket reports, so the chats are your way to keep up with what’s moving in real time.

These Skype-based live chats are open to any of our readers. Just send a contact request to the username “stocksumo”.


Ulta Beauty, Inc ULTA – Options Idea

We’re looking at ULTA as a potential recovery play into the holiday season, as the stock just bounced off of a new annual low this week. Last week, a huge block of insider buying came in, on the order of more than $21M.

For some extended-term recovery ideas, we’re going to signal  and track the ULTA 12/01 $202.50-212.50 Calls and the 12/15 $210-225 Calls.


Extended Watchlist:
ADHD, ARNA, JAGX, MTBC LLNW, RGSE, PTN, QURE

Blue Horseshoe Stocks: WEYL Review, Options Updates


Tiffany & Co. TIF – Options Update

We caught TIF in the wake of its premarket earnings beat yesterday morning, and summarily issued a quick-strike options trading idea to correspond with the resulting activity.

The range we signaled was the TIF Weekly $71-74 Calls, and, as has become a common occurrence for us, we saw each and every set of contracts yield multi-bag, single-session gain opportunities.

$71 Calls – Range: 1.49-3.51 – Max Gain: 136%
$71.50 Calls – Range: 1.00-2.70 – Max Gain: 170%
$72 Calls – Range: .86-2.92 – Max Gain: 240%
$72.50 Calls – Range: .60-1.36 – Max Gain: 127%
$73 Calls – Range: .27-1.60 – Max Gain: 493%
$73.50 Calls – Range: .24-1.13 – Max Gain: 371%
$74 Calls – Range: .10-.49 – Max Gain: 390%

Caution: In the event that chances remain to milk these plays even further today, just remember the extreme high-risk nature of trading weekly options on a Friday.



Xtera Communications, Inc. XCOM

Yesterday, we were looking for XCOM to continue the rebound it had begun in the previous session, and the stock did end up making a couple of nice intraday swings en route to closing near its high-of-day.

Our criteria for being interested in this play was simply that it hold support above yesterday’s premarket low of .60, and that wasn’t a problem for XCOM.

The first swing the stock underwent began to occur right from the outset, and took it from the daily low of .683 up to .879 for a 29% move, followed by a dip to .735 and subsequent push back to .86, tacking on another 17%


Weyland Tech, Inc. WEYL

We first began tracking WEYL roughly five weeks ago, at which time we witnessed a decent run from a low of 2.10 on up to 3.03, a gain of 44%

After that, the stock experienced a short consolidation period wherein it found its way down to 1.77, before beginning a bounceback period that has lasted the better part of the last three weeks.  Yesterday, a new high of 3.31 was reached, marking a swing of 87%

Our interest in tracking WEYL will continue provided it maintains support off of the previous resistance at 3.00.

The app development sector is a trendy space at the moment, and WEYL’s focus in Asia, where there are more mobile devices than anywhere else in the world, is its CreateApp platform that allows users to create their own mobile apps with no development knowledge whatsoever. (>>View Website)


Extended Watchlist:
FPVD, FMYR, FRFS, HCTI, AXPW

Blue Horseshoe Stocks: Options Review, Fresh Ideas & More

Wynn Resorts Ltd. WYNN – Options Review

It was the wide range of options contracts we highlighted in the WYNN chain that stole the show among our interests from yesterday morning’s premarket report.  We signaled the WYNN Weekly $93-96.50 Calls for observation, and not surprisingly, saw appreciable intraday gains from every single one of them.

Just take a look at the excellent single-session profits that were on the table for traders who fell in step with our idea. There was literally no way to go wrong with these selections, but at the top end of the range, the $96.50’s were obviously the star of the show with a nearly incomprehensible intraday move of more than 2700%!

$93 Calls – Trading Range: 2.98-7.68 – Max Gain: 158%
$93.50 Calls – Trading Range: 3.61-7.15 – Max Gain: 98%
$94 Calls– Trading Range: 2.53-6.20 – Max Gain: 145%
$94.50 Calls – Trading Range: 3.71-6.08 – Max Gain: 64%
$95 Calls – Trading Range: 2.40-5.62 – Max Gain: 134%
$95.50 Calls– Trading Range: 2.43-5.00 – Max Gain: 106%
$96 Calls – Trading Range: 1.47-5.00 – Max Gain: 240%
$96.50 Calls– Trading Range: .15-4.30 – Max Gain: 2766%

The stock is gapping up again this morning, so we expect the figures on these gains to be pushed even higher upon commencement of trading at the opening bell. We’ll also look for opportunities at a higher strike range with the $100-103 Calls as well.


Fresh Options Ideas

We’ve formulated a number of other options trading ideas to close out the week, but please heed our standard warning regarding Friday trading of weekly contracts- Only expert traders should attempt such a high-difficulty and risky venture. Both of the following are options chains from which we’ve pulled down mammoth gains on countless occasions in the past: 

SPDR S&P 500 ETF (SPY) – For the SPY, which of course is a general market analog, we’re going to be monitoring Weekly $205-207 Calls with both the general markets and oil gapping up this morning.

Petroleo Brasiliero S.A. (Petrobras) PBR – For PBR we’re zeroing in on the Weekly $5-6 Calls. PBR has made notable intraday upswings on more than one occasion this week, and a continuation of that pattern could lead to some nice gain figures for these contracts.


Extended Watchlist:
FRFS, MAXD, AVXL, AXAS, LEI, ORIG, SDRL, UWTI, WTI, BGMD(Bottom-bouncer)