Blue Horseshoe Stocks: New Options Idea & More

MyDx, Inc. MYDX

Trading in general was greatly subdued on Wednesday in comparison to Tuesday’s fast start to the short week, but MYDX was one of a couple significant movers among our mentions in yesterday’s report.

The stock traded in a range from .0036 up to .0064, which works out to an intraday push of 78% and it came on well over twice the monthly average volume.

Prior to this week, the stock had been consolidating heavily for quite a long period of time, and has now strung together two really solid sessions after registering a new 52-low on Tuesday morning. We’ll continue to monitor this play for the recording of higher highs and higher lows; another strong performance today would qualify it for full-on multi-day runner status.


420 Property Management, Inc. FTPM

Also coming off of yesterday’s report to have a respectable session was FTPM. This is one of the cannabis related plays that we tracked over huge gains back in October as the pre-election marijuana hype was reaching a fever pitch. With the sector seeing a comparatively mild yet still strong resurgence this week, FTPM is among those stocks reaping the short-term benefits.

We witnessed it run from a low of .0011 to .0019 yesterday on more than twice the average volume, which works out to an intraday pop of 72%  Like the aforementioned play, we’ll want to see the stock logging higher highs and higher lows for the remainder of the week.


American Eagle Outfitters, Inc. AEO

It’s been roughly a month since we dabbled in any AEO options, and we wanted to formulate an idea this morning granted the fact that the AEO chart is presently at a bottom and beginning to look ripe for a recovery.

Accordingly, we’d like to signal a range of extended-term options contracts in the AEO chain to put on watch in the days and weeks ahead. Unlike last month, when we went bearish with some puts after a mixed earnings release, this time we’re going the other way with the AEO 01/27 $15.50-16.50 Calls. With just under a month until expiration, it gives the stock plenty of time to make its move, so we’ll be watching closely.


Extended Watchlist:
ELTZ, AMFE, ORRV, IFAN, SVTE, GLLK

Blue Horseshoe Stocks: NDEV Recap, Pot Stocks Rock & More

Novus Acquisition & Development Corp. NDEV

We were just mentioning yesterday morning how we had first begun tracking NDEV on December 12th, and had subsequently witnessed a huge 250% move to the upside from our observed low of .30 to a high of 1.05.

Some people might have figured that the party was over after such a significant rise, but NDEV had other plans. The stock kicked off the short week yesterday on an impressive note, managing the biggest single-session swing we’ve seen yet, running from its morning low of .731 to a new high of 1.51. That was a super intraday push of 107% and the new high marked an overall jump from our .30 low amounting to 403%


Momentous Entertainment Group, Inc. MMEG

Speaking of continued movers, a week ago today was when we caught on with MMEG, and it has been nothing but bullish activity since then.

We initially observed a low of .0017 before the stock shot to .0055, a move of 224%. But it too kicked off the short week on a high note, with an intraday spike of 55% as dipped-and-ripped from a morning low of .0044 to a new high of .0068. It also extended our total observed gain on the play in less than a week to an even 300%


Ecolocap Solutions, Inc. ECOS

New to our reports yesterday was ECOS, which produced two noteworthy intraday moves during the session. It first ran from .003 to a high of .0048 (+60%) before pulling back to bounce off a low of
.0025 and return to .0037, adding another 48% to its cumulative gain totals on the day.

A stock with this kind of volatility is definitely worthy of continued observation.


Provectus Biopharmaceuticals, Inc. PVCT

We also want to provide a quick update on PVCT which we tagged in yesterday’s extended watchlist. The stock made a modest but solid 28% move from .018-.023, and we’ll want to continue to keep an eye peeled for signs of a continued uptrend.


Cannabis Stocks Rocking Again

Last but most certainly not least, we want to share an image of yesterday’s top traded OTC stocks, nearly all of which are in the cannabis space, which we’ve been drawing heavy attention to over the past several months. We released a reminder video to that effect over the weekend and published it in yesterday’s report, and were obviously met by a huge sector-wide surge.

Moving forward here are a few specific cannabis related stocks to continue to keep a close eye on: AGTK, FTPM, MJTK, MYDX, PMCB, GRNH, AMMJ, CNBX


Oceanic Research & Recovery, Inc. ORRV – Chatroom Call

We spotted ORRV in our chatroom yesterday, signaling it to our members at .0002 x .0003, and it went on to close at the high of day of .0008. That was good for a single session gain of 167%, and since ORRV closed at its high on abnormally high volume, we want to place it on momentum watch in the event of a possible continuation today.


Blue Horseshoe Stocks: EXMT Recap, Options & More

Tesla Motors, Inc. TSLA – Options Idea

With Tesla posting a big earnings beat yesterday post-market, we’re going to want to signal a range of corresponding options calls to potentially capitalize on this untraded-upon development.

We’ve used the TSLA chain to leverage huge options opportunities in the past, and it would seem that conditions are setting up to give us another good chance at some sizable gains this week. We’re going to focus in on the TSLA Weekly $207.50-212.50 Calls for possible daytrade and/or intraweek swing trade possibilities.


Anything Technologies, Inc. EXMT – EXMT was the standout of the bunch from our morning report yesterday. It was an opportune time to revisit the stock, which we hadn’t mentioned in one of our newsletters since early 2014.

The stock traded in a solid range from .0012 to a high of .0026 for a move of 117% and did so on approximately nine times its monthly average volume. Such activity is more than enough to earn it a continued slot on our watchlist.
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IMD Companies, Inc. ICBU - This play that we signaled for observation a week ago today has also been recording solid performances this week, and is related to the aforementioned play in that it is captained by the same CEO.

The stock found its low on Monday at .0033, and has since made one heck of a rebound. Yesterday the stock hit a penny even, marking an intraweek pop of 203%
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Dominovas Energy Corp. DNRG – Also appearing in yesterday’s report was DNRG, a stock we’ve been actively tracking for well over a year now.

It had been a few months since we last touched upon this play, so the timing here was quite good as well. The stock made a good move from .0022-.0032 on the day, for gains of up to 45%


Extended Watchlist:
CBMJ, GOPH, FTPM, AGTK, HCTI, ALYI,

Blue Horseshoe Stocks: Important Announcement


IMPORTANT ANNOUNCEMENT

Before we get down to our interests for today’s session, we wanted to give our readers a quick heads-up for Monday morning.

We’ll be presenting a special in-depth report on an intriguing cannabis stock with a diverse portfolio and an attractive backstory, so be sure to monitor your inboxes closely around 9:00am Eastern on Monday! The set-up on the chart should give us a great chance at kicking off next week on a high note.


Lot78, Inc. LOTE

Moving along to today’s report, we’ve got to provide an update on LOTE, which we’ve been tracking since Thursday of last week. At the time, the stock was trading as low as .0037, and the progress it has made since then has been nothing short of astronomical.

In fact, LOTE has pushed to new highs in each of the five sessions since we brought it to the table. Yesterday, it churned out its second biggest single-session move yet, running from the open at .013 up to .03, for intraday gains of up to 131%

The overall increase over our observed low from a week ago as of yesterday’s high comes out to 711%, so big cheers are in order for anyone who caught the wave! As long as the stock continues to record higher lows and higher highs, we’ll be keeping a close eye on it.



Fresh Options Ideas:

Bank of America Corp. BAC - With the markets ripping this morning off of impressive jobs numbers, we’ll be interested in checking out a couple of contracts in the BAC options chain. The stock itself is in a good position on the chart to continue its recent rebound, so we’ll be eyeing the BAC Weekly $13 and $13.50 Calls for possible daytrade chances. But remember what we always say, in terms of weekly options trading on Friday: For expert traders only!

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Barracuda Networks, Inc. CUDA - Following an impressive untraded-upon earnings beat yesterday afternoon, we are very keen to observe the activity in CUDA in sessions to come. We’re going to signal a couple sets of options contracts for tracking on this one as well, namely the CUDA 07/15 $15 and $17.50 Calls. These don’t expire until next Friday, so evaporating premiums won’t be an issue today.


Extended Watchlist:
BILB, CAFN, GRSU, FTPM, FPVD(Bottom bouncer)

Blue Horseshoe Stocks: Winning Options Plays & More

Options Recap

Both of our options ideas from yesterday’s morning report ended up providing us with a chance at sizable single-session gains.

Canadian Solar, Inc. CSIQ

We caught CSIQ in the unique position of having just registered a new 52-week low in the previous session, and having its earnings beat expectations yesterday, so jumping on CSIQ Weekly $16.50-18 Calls ended up being a sound strategy right from the outset. The impressive intraday moves were as follows:

$16.50 Calls – Trading Range: 1.20-1.76 – Max Gain: 47%
$17 Calls – Trading Range: .87-1.50 – Max Gain: 72%
$17.50 Calls– Trading Range: .30-.97 – Max Gain: 223%
$18 Calls – Trading Range: .27-.82 – Max Gain: 204%

Macy’s Inc. M

We went bearish on Macy’s yesterday, partly due to the overall downtrend the stock has seen in recent weeks, and as a reaction to yesterday morning’s disappointing earnings call. In this case our target range was the M Weekly $36-34 Puts and hefty gains were available across the board, including a big triple-bagger in the $34′s.

$36 Puts – Trading Range: 1.83-4.37  – Max Gain: 139%
$35.50 Puts – Trading Range: 1.40-3.79 – Max Gain: 171%
$35 Puts– Trading Range: 1.00-3.60 – Max Gain: 260%
$34.50 Puts – Trading Range: .83-2.88 – Max Gain: 247%
$34 Puts – Trading Range: .50-2.58 – Max Gain: 347%

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Fresh Ideas:  To throw some other options ideas into the mix this morning, we’re going to be adding Monsanto Co. MON Weekly $102-106 Calls and Jack in the Box, Inc. JACK 05/20 $70 and $75 Calls to our track-list.


Cerebain Biotech Corp. CBBT

We put CBBT on our radars last Tuesday after noticing some increased activity in the stock. Since our mention, subsequent to which we observed a low .53, we’ve seen a good bit of progress leading up to yesterday’s high of 1.25. That’s an overall move of 136%

The high came just prior to the closing bell, at which CBBT held a PPS of 1.20 so we’ll continue to monitor the situation carefully. We’ve had success recently with low-float, low-volume plays, and CBBT fits that bill to a tee.


Extended Watchlist:
FTPM, MRNA, BKCT, LXU, ZIOP, CCXI