FTEG Archives - Blue Horseshoe Stocks

Big-Time OTC Movers & More

More Penny Poppers:

For those newer subscribers who may be unfamiliar with the way we operate, typically our interests in stocks traded on the OTC Markets are relegated to our daily Extended Watchlists. Our main features tend to be focused more on quick-strike options trading these days because that’s where we find the most excitement. That doesn’t mean we’ve forgotten our roots in the pennies!

We’ve had loads of success in unearthing interesting OTC plays in 2021 so far, and we started out the fresh trading week yesterday with another fine pair of movers that have been included in our watchlists on multiple occasions of late. Below you can find links to our archived reports from our initial alerts and the subsequent huge runs and multibag profit potential involved.

Enzolytics, Inc. ENZC
Alerted: April 16th
Range: .0866-.2979
Gained: +244%
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RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.008
Gained: +900%

G-III Apparel Group, Inc. GIII – Options Recap

On account of the light earnings reporter load that we’ve mentioned in a previous report, we went with just one lone potential options target in yesterday’s premarket offering, the GIII 06/18 $30-35 Calls.

G-III Apparel posted a solid Q1 earnings beat along with optimistic guidance for the remainder of the fiscal year. It allowed the stock to break a double-top and set a new high of 35.80 which provided for the following moves in our tracked targets:

GIII 06/18 $30-35 Calls
$30: .90-2.25 (+150%)
$35: 3.80-5.60 (+47%)
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Fresh Options Ideas:
MRVL Weekly $49-51 Calls
SFIX Weekly $61.50-65 Calls
THO 06/18 $120-125 Calls
ASO 06/18 $35-40 Calls

Extended Watchlist:
PHIL, PLPL, RIHT, ICNM, FTEG, EFIR, CLOV, WEN, SONM, NEXT

Closing Out Another Fruitful Week

Innerscope Hearing Technologies, Inc. INND:

Some of our regular readers may recall INND, an OTC stock we began following in the first week of February, at which time, we witnessed an amazing run from a .01 low up to an impressive .098 high for potential profits on the order of 880%

Since pulling back off of that high, the stock has made quite a nice rebound over the past month. INND came down to .0143, and has since returned to a high .059, for another upswing of 313% That bring our cumulative observed total gains on INND to 1193% in just a couple of months’ time.

We’ve seen volume and momentum pick up over the last week in particular, so we’ll continue to observe the situation in INND going forward as it may have a chance to retest those previous highs.

Constellation Brands Inc. STZ – Recap:

We were tracking some puts in the Constellation chain yesterday, which turned in some nice gains on the day as well.

We were looking at the STZ Weekly $222.50-217.50 Puts, however through a typo that we didn’t catch until after our email had gone out, the correct idea was only available to those who caught it on BlueHorseshoeStocks.com, where all of our newsletters are published daily. We are only human and sometimes errors occur, so that’s why it’s always a good idea to bookmark and check our site each day even if you receive our newsletters via email.

For those readers who do use the website regularly, the potential gains in those ideas were considerable:

STZ Weekly $222.50-217.50 Puts
$222.50: 1.05-4.15 (+295%)
$220: .21-1.70 (+709%)
$217.50: .15-.35 (+133%)
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Fresh Options Idea:
LEVI 04/16 $26-27 Calls

Extended Watchlist:
RGBP, CBYI, SNNC, ENMI, BOTY, FTEG, DRNK, NUUU, BLDV

SHW, TIGR Options Recaps & More

The Sherwin-Williams Co. SHW – Review:

One of our most successful picks of the month thus far has got to be our options targets in SHW. We signaled the SHW 04/16 $246.67-250 Calls to close out the short week on Thursday morning, and provided an update on Monday. We’re swinging back around for a third time to issue another recap of the progress made by those calls.

These updated figures in our designated contracts represent the overall upswings from this past Thursday’s lows to yesterday’s new highs:

SHW 04/16 $246.67-250 Calls
$246.67: 3.50-12.50 (+257%)
$250: 1.90-10.00 (+426%)

The stock has been streaking into blue skies, so we’ll also roll up to include fresher strike points and add the SHW 04/16 $256.67-260 Calls to our radar.

UP Fintech Holding Ltd. TIGR:

Another set of ideas with an April 16th expiration, we targeted the TIGR 04/16 $17.50-20 Calls on the Friday before last, and in that span of seven sessions, we have seen two distinctive runs, which we have articulated in the results below.

TIGR 04/16 $17.50-20 Calls
$17.50:
.50-3.30 (+560%)
1.05-2.65 (+152%)

$20:
.30-2.20 (+633%)
.51-1.49 (+192%)
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Fresh Options Idea:
SCHN 04/16 $42-43 Calls

Extended Watchlist:
AMLH, PLYZ, IJJP, MCIC, FTEG

SPY Calls Run as Markets Reach New Highs

Solid SPY Returns:

Our fresh quick strike options play to start off the week targeted SPY Weekly $401-403 Calls, in yesterday morning’s report. For newer readers who may not yet be aware, we often use the SPY (SPDR S&P 500 ETF) as a market analog for intraday swing trades. Yesterday, the markets got off to a hot start and didn’t let up much throughout the course of the day, with the NASDAQ and the S&P hitting new record highs. .

The bullish session provided our SPY targets with the impetus to record the following intraday moves and total potential gains:

SPY Weekly $401-403 Calls
$401: 2.12-5.93 (+180%)
$402: 1.59-4.95 (+211%)
$403: .92-3.98 (+333%)
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Fresh Options Idea:
ACAD 06/18 $24-26 Calls

Investview, Inc. INVU – Recap:

We last mentioned INVU in our morning report from a week ago today as a chatroom play from our Veteran Trading premium service. Since that time, we’ve witnessed a run from .315-.596 for an increase of 89% Our premium members had the chance to get in as low as .255 as you can see at the link above. That works out to a total upswing of 134%

We encourage any of our readers who may be interested in exactly how we formulate our daily trading ideas, and interested in learning to do so themselves, to contact us about subscribing to Veteran Trading. Click here to email us your contact information, and we’ll take care of the rest!

Extended Watchlist:
EEENF, INND, NWGC, IMTL, NSAV, INCC, AWGI, FTEG, GRLT, BLUU, KYNC

Wrapping Up Another Strong Trading Week

Snowflake Inc. SNOW – Options Review

In yesterday morning’s premarket report, there was a clear standout among our options ideas of the day. We had tagged the SNOW Weekly $247.50-250 Calls for observation following the company’s earnings drop. It was a release with mixed results, but that didn’t stop traders from pushing the stock as high as 279.45 on the session.

SNOW’s intraday move facilitated some fantastic numbers in our designated targets. The total possible gains were in the eight-bagger range, and were as follows:

SNOW Weekly $247.50-250 Calls
$247.50: 3.40-32.64 (+860%)
$250: 3.07-29.39 (+857%)
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Fresh Options Ideas*:
COST Weekly $320-315 Puts
AVGO Weekly $445-447.50 Calls
GPS Weekly $25.50-26.50 Calls
SPY Weekly $379-380 Calls

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds!

For The Earth Corp. FTEG

FTEG is a CBD play traded on the OTC that we tagged in yesterday morning’s extended watchlist, after noticing two of the company’s overdue reports were filed for the previous two quarters. FTEG is currently working toward coming current, and that represents progress toward that end, so that’s something we’re going to want to keep an eye on.

Whenever a defunct OTC stock goes current, the attention it brings can often drive some serious moves. We’ve witnessed many subpenny runners of late, and FTEG could get its chance, so we’re going to want to monitor this one closely over a longer period of time.

Extended Watchlist:
GRLF, INND, SANP, VPER, FORW, NSAV