More Bearish Options Plays

Options Review:

The markets slid once again to start yesterday’s session as we suspected they may, and despite recovering into the close, we had plenty of time and opportunity to profit off of the bearish slate of options ideas we put forth in our premarket report.

Our target plays that produced in the session were the SPY 05/19 $409-407 Puts and the LOW Weekly $192.50-187.50 Puts. We saw some good afternoon activity with the following intraday runs:

SPY 05/19 $409-407 Puts
$409: 
.33-1.70 (+415%)
$408: .13-1.05 (+707%)
$407: .07-.60 (+757%)
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LOW Weekly $192.50-187.50 Puts
$192.50: 3.30-6.65 (+102%)
$190: 2.08-4.62 (+122%)
$187.50: 1.22-3.06 (+151%)
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Fresh Options Ideas:
KSS Weekly $58-56.50 Puts
RL Weekly $130-125 Puts
CSCO Weekly $50.50-49 Puts 


International Consolidated Companies, Inc. INCC – Recap

We also want to talk about INCC for a moment, following its big run to new highs. We’ve been tracking this play since the morning of April 6th, and it has made some impressive swings.

Following our flag last month the stock ran 100% from .0018-.0036, and subsequently consolidated back down to .0017 before hitting its new high of .0061 yesterday, which represents an upswing of 259%  We’ll be looking for it to hold .0037, above the previous swing high on any pullbacks.


Extended Watchlist:
DSCR, SEEK, UATG, BYRG, FWDG, AERS, MNGG, QBAN, XTRM, RSHN

Blue Horseshoe Stocks: FWDG, SCYX Updates & More

FutureWorld Corp. FWDG

On Monday, we put FWDG on our radar as a result of a PR we caught that morning outlining an upcoming share dividend. Those who own shares of FWDG as of next Thursday, April 30th will receive dividend shares of HempTech Corp (>>View Website)

We mentioned that we’d be tracking this play leading up to the dividend date, and it appears to have found a base of support at .0024 late this week. From that level, yesterday the stock rebounded back to .0034 (+42%). The next area of resistance on the FWDG chart is the 50DMA of .0038.


SCYNEXIS, Inc. SCYX

SCYX appeared in yesterday’s extended watchlist, and put up a noteworthy intraday performance.The stock saw a brief low of 8.15 first thing in the morning, and ran into the close at 9.99. That worked out to a 22.5% increase on the day, and it come on substantial volume to the tune of just over 51X the monthly average trading volume.

Anytime we see a stock close with that kind of momentum, it’s one that we’ll monitor closely in following sessions. We will of course be on the lookout for both continued momentum as well as an eventual consolidation that could lead us to opportunities on the bounce.


Pazoo, Inc. PZOO

In addition to bringing us multiple chances at sizable intraday gains over the past three weeks, PZOO is also building itself a beauty of a chart. We’ve seen continual progress since observing a low of .0049 (04/06) as the stock managed a subsequent high of .0125 (+155%), and has registered a higher low every single day this week. It’s easily observable on the chart snapshot we’ve included below.


The company also remains active in the news; last week promising full repayment of one of its convertible notes within ten days, and this morning informing us that they met their obligations totaling $400K.  Pazoo also highlighted its plans to repay another note to a different firm in coming weeks. It shows a real commitment to cleaning up its books and moving in a positive direction, so we’ll want to stay attuned to the news wires for future updates.

This Morning’s PR:

WHIPPANY, N.J., April 24, 2015 (GLOBE NEWSWIRE) — Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#: A1J3DK), is pleased to announce that as of today, the company has completely repaid the total of its obligations on its Convertible Promissory Notes to Union Capital LLC. Pazoo announced on April 15th its intention to pay off Union Capital within ten days’ time. Pazoo made good today on its intentions. Pazoo’s next steps will be to pay off the Eastmore Capital Note within the next few weeks.

Pazoo felt it’s extremely important to let shareholders and the public know that it continues to meet its commitments, and assure the public that Pazoo is taking affirmative steps to prevent any conversions of these Notes into free trading shares of the company’s common stock. >> FULL PR


Added Notes:

Apple Inc. AAPL has been a beast all week in anticipation of earnings at the beginning of next week. The stock is gapping up this morning to highs that it hasn’t seen since February. We’ll be looking for a possible daytrading opportunity in the $130 Weekly Calls as the dip-and-rip is one of our favorite setups.

Amazon.com, Inc. AMZN will also be on our radars for a potential dip-and-rip scenario following its earnings beat. We’re going to monitor Calls in the $420-435 range.


Extended Watchlist:
MSTX, CLF, MCP, LOOK

Blue Horseshoe Stocks: Big Day for Cannabis Stocks & More

April 20th is here, and it marks a symbolic day for the legal cannabis sector. Our regular readers know that we’ve been following this relatively new market space since its inception. Public opinion on marijuana reform has shifted drastically over the past few years, and the signs are everywhere.Mainstream media has long since jumped on the pot bandwagon, airing numerous specials on the subject, like CNN with Dr. Sanjay Gupta’s “Weed” series, the third installment of which aired last night.

It is also likely that the cannabis issue will be thrust even further into the spotlight as it has the potential to take a significant role in the 2016 presidential elections.

We’ll be sure to follow along as we’ve been doing, all the while keeping our eyes open for potential plays in the space. We’ve got a couple popping up on the radar this morning.


ENDEXX Corp. EDXC

We’re taking notice of EDXC, whose recently acquired business has been presenting at the High Times Cannabis Cup in Denver which was in full swing over the weekend, and runs through the end of today.

The stock is coming off of a recent bottom and has been holding above its 50DMA since the end of March when the company’s acquisition of CBD Health Solutions was announced.

We’ll have this one on watch as the chart and the company’s activities both seem to have potential.

CAVE CREEK, AZ–(Marketwired – Apr 20, 2015) – Endexx Corporation’s (OTC PINK: EDXC) newly acquired subsidiary CBD Health Solutions LLC., has a booth in tent S4 at the annual Cannabis Cup in Denver, CO, through April 20th. Early reports are showing excellent reviews of the sample products and sales have been generated. The CBD Health Solutions’ team has been canvassing multiple markets over the past 90 days and sales contracts are growing on a weekly basis. >> FULL PR


FutureWorld Corp. FWDG

FWDG is another cannabis-related play that caught our eye this morning.

The company released a PR announcing an upcoming share dividend (Link below); since it isn’t uncommon to see stocks make a run into dividend dates, we’re going to monitor FWDG in the time between now and April 30th.

Chartwise, we’d like to see the stock get back above the 50DMA (.004). There’s a gap to the downside between .0024-.0028, so the possibility that it come come down to fill that gap before we see a rebound is certainly possible.


Easton Pharmaceuticals, Inc. EAPHEAPH is a play that we’ve been familiar with in the past; we’ve witnessed it produce huge gains on multiple occasions including a massive 1848% run from .0041-.0799 back in January-February 2014.

Then again from December ’14 to January of this year, the stock ran big in a range from .006-.0353, yielding potential gains in the neighborhood of 485%

The company released some very exciting news this morning pertaining to the purchase of a recreational marijuana facility in Colorado, so we’ll want to keep a close eye on this play as well into the foreseeable future.


Extended Watchlist:
GRPN, VLTC, HQCL, OCN, PVCT, CYCC

STKO, FWDG, TEGY & Extended Watchlist

Stakool, Inc. STKO

We first mentioned STKO back on April 4th, at which time the stock was trading all the way down in the .0002 area. Not much happened in the days following, but we continued to monitor the stock, and were rewarded for our patience. Earlier this week, the company announced the appointment of a new CEO, as you’ll see in the PR below.

The stock followed up the news with two days of heavy volume, as well as chances for gain on each day. Wednesday, we saw the low still at .0002, and then trade as high as .0006. Then on Thursday, we saw a range from .0003 up to .0006 once again.

Since we’ve already seen chances for gains ranging from 100%-200%, should the stock have trouble surmounting .0006, it may be a good idea for us to lock in profits and wait for the dip that precedes the next swing.

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JACKSONVILLE, Fla., April 17, 2013 /PRNewswire via COMTEX/ — Stakool, Inc. (OTCQB: STKO) (OTCBB: STKO), a Florida-based corporation supplying natural and organic health and wellness products, announced the appointment of Kevin P. Quirk, effective April 20, 2013, as Chief Executive Officer and Member of the Board.

Quirk brings over 20 years of general, brand and financial management experience along with expertise in raising capital in the consumer products and home healthcare industries. His career began at Anheuser-Busch, followed by various management positions within the Coca-Cola Company. He is a graduate of St. Louis University and the Advanced Management Executive Education Program from Harvard Business School.


FutureWorld Energy, Inc. FWDG

We are putting FWDG on PR watch. In an 8-K filed Tuesday, the company alluded to a potential acquisition in the works, so we definitely want to keep our ear to the tracks, and monitor for any updates that may be forthcoming.

From Tuesday’s 8-K:
FutureWorld Energy, Inc. announces today that the Company is in final stages of discussion with a potential acquisition candidate that the Company believes would significantly benefit its future and its shareholders. We hope to close this acquisition as soon as we get clearance from our counsels. Thereafter, we will update our shareholders accordingly.


Transact Energy Corp. TEGY

TEGY makes our alerts as a possible momentum play, after having a big volume day yesterday accompanied by a significant move to the upside. We have this stock on watch today for a possible continuation of that momentum on the heels of this morning’s PR.

SAN ANTONIO, Texas, April 19, 2013 /PRNewswire via COMTEX/ — TransAct Energy Corp. (OTCQB: TEGY) announced today it has initiated the permitting/permissions process for the development of its Scotland based 500 tonne per day Energy from Waste plant. The process to secure a Part A permit under section 5.5 of the Pollution Prevention and Control (Scotland) Regulations 2012 Applications namely “Production of fuel from Waste” is underway. The permissions required from the municipal authority with jurisdiction over the plant, West Lothian Council, will be sought at the same time.


Side Note:
After a successful day playing options on AAPL on Thursday, and using its high volatility to our advantage, we are going to be looking for similar action in the Puts and Calls today. We are lowering our strike prices to $390 and $395, as it becomes easier to realize gains, the closer to the money you get. Hopefully this will help us put an exclamation point on what has been a very fruitful week for us. We’ll see you all on Monday, Happy Trading, and Good Luck Out There!


Extended Watchlist:
STWG, CPRX, OCZ, CRME,

Future World Energy | FWDG & Extended Watchlist

FutureWorld Energy, Inc. FWDG

Many of you will recall FWDG as a stock that recently brought us substantial gains, as you can see from this excerpt from our daily report for April 8th: “A quick recalculation of our total cumulative gains on FWDG in less than a week, provides us with a staggering figure of 1054% from the low following our initial alert at .0013 (Tuesday) to Friday’s high of .015.”

After it hit a high of .016, the stock went on to consolidate down to .006 last week. Following yesterday’s mention of FWDG in our Extended Watchlist, the stock broke resistance at a penny before running as high as .0145. Moving forward, we’d like to see the stock test previous resistance at .016. A break past that point would place FWDG firmly in the realm of Bluesky Breakout Mode.


Side Note: We are also scanning APPL for Options trading opportunities. AAPL looks like it may have found support around $400, judging by premarket activity this morning. It appears to be gapping up to a high of 407.76. So currently we are looking at the $410 Calls, but obviously, we will be changing our focus to the $400 puts, should it begin to lose support. There may even be opportunities on both sides of the fence, based on the volatility we’ve seen from Apple of late.


Extended Watchlist:
FCEL, ADK, SWHC, PTGI

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