Blue Horseshoe Stocks: AAPL Options & More

Apple, Inc. AAPL  – Options Idea

If you root through the seven year newsletter history archived at our website, BlueHorseshoeStocks.com, you would find that we’ve discussed AAPL more times than most stocks, even though we haven’t mentioned it much in recent times.

In fact, AAPL’s was the first go-to options chain that we focused on when we began including options trading ideas a few years ago. This morning, we’re coming back to this old favorite with a fresh idea to coincide with the current Apple hype.

The company is rolling out the new iPhone today, among other things, and iPhone announcements have historically provided some good ammunition for options traders. Today, we’re going to slate the AAPL Weekly $160 & $162.50 Calls for observation in forthcoming sessions as AAPL’s event is expected to drive up activity not only in its own stocks, but likely other tech stocks as well.


FutureLand Corp. FUTL

On Friday morning, we included FUTL in our watchlist, and the stock has made a solid two-swing for us. From Friday’s low of .0012 the stock set a new high of .0026 to kick off the week yesterday, which works out to an overall jump of 117% Yesterday’s big push came on volume of more than three times the monthly average.

We would also include a note of caution in terms of long term interest in this stock. The company dropped the news that it had entered into a joint venture with Greenleaf Holdings  that would “deliver solar technology to the cannabis industry”. Yet here it is, two months later, and there have been no further details given. We tend to be wary of companies that don’t keep a steady line of communication to shareholders.

That being said, we have seen some really nice movement on the chart as we mentioned above, so we’ll continue to keep an eye on FUTL.


Extended Watchlist:
ALDX, AEMD, CTIC, FRTA, HTBX, QTNT, OPGN, TA

Blue Horseshoe Stocks: Options, NLNK Recaps & More

GoPro, Inc. GPRO

We took advantage of the situation with GPRO yesterday after noticing the stock light up the boards in the premarket on the heels of a guidance adjustment.

We set our sights on the GPRO Weekly $9.50 & $10 Calls and both sets of contracts ended up providing traders with a chance at notable intraday gains.

The $9.50’s ran from .13-.90 for a whopping intraday pop of 592%, while the $10’s traded in a range from .47-1.20 for chances at up to 155% profit.



Insmed, Inc. INSM – Update

We’ve also got the pleasure of updating the figures on the options idea we put out on Tuesday after INSM had yet another solid session. The updated ranges on the contracts we selected are quite impressive, including a twelve-bagger, clearly demonstrating why we devote so much energy to options trading in addition to stocks!

The gains that were up for grabs to anyone who was paying attention were as follows:

$27 Calls
– Range: .95-4.50 – Max Gain: 373%
$28 Calls – Range:  .25-3.40 – Max Gain: 1260%
$29 Calls – Range: .40-2.75 – Max Gain: 588%
$30 Calls – Range: .50-2.12 – Max Gain: 324%


NewLink Genetics Corp. NLNK

We also had some very good fortune with our call of NLNK yesterday morning, which we caught notice of on our routine morning scan after some abnormal activity cropped up in the premarket.

Despite the fact that it went into the session as a $9+ stock, we still saw a really nice intraday push en route to NLNK going on the books as the NASDAQ’s top mover. We observed as the stock ran from a low of  9.50, traded up for essentially the entire session, and hit a high of 14.48 for a hefty 52% move on the day.

NLNK closed with strength, maintaining well over half its daily advance, so we’ll definitely want to continue to monitor the situation. No matter how you slice it, a single-session gain of 50% from a nearly ten-dollar stock, is nothing short of incredible.


Extended Watchlist:
CLDR, KURA, AVEO, OPGN, EPIX, FUTL,
FRTA(Bottom-Bouncer)

Blue Horseshoe Stocks: BBRY Recap & More

Cumulus Media, Inc. CMLS

We’re looking at CMLS as a possible momentum play. The stock has been building up quite a head of steam over the past few sessions, trading an inordinately high amount of volume yesterday.

Since hitting its lows toward the end of last month the stock has been in a general uptrend. Every time it has receded, it has rebounded back to set new highs. We’ll place CMLS on watch to see if it can maintain the powerful trend it has established.

CMLS is gapping up in the premarket this morning. On any pullbacks, we’ll want to see CMLS maintain support at a minimum of .50 in order to maintain our immediate interest.



BlackBerry Ltd. BBRY

Normally, when we alert on a big board play without including some type of options idea, as we did with BBRY back on March 31st (and April 12th), it’s because we feel the stock itself is generally undervalued. Where BlackBerry is concerned, we have thus far turned out to be right on the money. We saw a low of 7.47 on the morning of March 31st, and BBRY hasn’t looked back since.

In its largest single session move of the year, the stock hit 11.38 yesterday. That represents an increase of 52% over our observed low, as we’ve pointed out on the chart below. .

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FerroGlobe PLC (GSM) – Along the same lines, we highlighted GSM yesterday, a stock which is priced similarly to BBRY. It managed a slight increase after gapping up, and we’re going to continue watching this one as well.


Extended Watchlist:
PGPM, HMNY, ETRM, RGSE, PLX, BPMX, FRTA(Bottom watch)