Tag: GPRO

Blue Horseshoe Stocks: Huge Options Calls, Bottom-Plays

Huge Options Calls

Our first order of business this morning is to review the performance of the options contracts we signaled for observation in yesterday’s premarket report, We specified our interest in trading GPRO Weekly $31-32.50 Calls, and the FB Weekly $90-91 Calls, and every single set of contracts we tracked provided the opportunity for impressive profits before lunchtime!

$31 Calls  – Daily Range: .19-.97 – Max Gain: 410%
$31.50 Calls  – Daily Range: .25-.75 – Max Gain: 200%
$32 Calls  – Daily Range: .19-.57 – Max Gain: 200%
$32.50 Calls  – Daily Range: .17-.40 – Max Gain: 135%

$90 Calls  – Daily Range: .84-1.57 – Max Gain: 87%
$90.50 Calls  – Daily Range: .70-1.32 – Max Gain: 89%
$91 Calls  – Daily Range: .52-1.10 – Max Gain: 112%

Later in the afternoon, the markets dipped back considerably and continued to backslide into the close. This morning, we’re seeing a substantial gap-up on the heels of jobs numbers, leading us to believe that similar action could transpire during today’s session with regard to an early surge.

In that case, anyone who may have shown up late to the party and held contracts overnight, should be on the lookout for the opportunity to take profits early on. Those who are just arriving, should be waiting for the dip caused by those profit-takers to ride the subsequent rebound.

Vape Holdings, Inc.  VAPE

We’re going to highlight VAPE this morning as a bottom-bouncer that spent the better part of the summer on an overall downtrend, and has just begun to trend up off of the new annual low it established on Monday.

Taking a further look at the chart we get the sense that a more protracted recovery could take place, so we’ll pin this one to our tracking list in the days ahead.

Also on Bottom-Watch

We’ve run across a few other stocks that are trading at or near their relative bottoms that will serve as our extended watchlist today:

Coastal Integrated Services, Inc. COLV

Patriot Scientific Corp. PTSC

Pieris Pharmaceuticals, Inc. PIRS

Blue Horseshoe Stocks: CCTC Update & More

Clean Coal Technologies, Inc. CCTC

No sooner than we were commenting on CCTC’s fantastic performance in the month of September in yesterday’s morning report, did the stock continue to bull its way to new highs. As is plain to see on the included chart snapshot, it has mostly been one positive session after another.

We had just pointed out the 142% increase CCTC had made from our observed low of .36 to Friday’s high of .87, and the stock managed to impress us again. From a daily low of .851, it cracked through a big psychological barrier at a dollar, and managed a new high of 1.07. It figured in as a 26% intraday run, and extended our total observed increase in just over a couple of weeks to 197%

The chart is now well into overbought territory, so we wouldn’t be surprised to see a bit of a pullback. In order for us to remain interested in CCTC, we’ll need to see it maintain support in the channel between .75-.65, at the lowest.

Ballard Power Systems, Inc. BLDP

A quick tag search for BLDP on our blog shows our long history with this stock, and we wanted to quickly re-mention it this morning. We most recently tagged it as a bottom-watch play on July 2nd after noticing the stock taking a big backslide. It has been mostly in a downtrend since that time, but we’re going to want to begin watching more intently.

The company inked a major deal to supply 300 buses in Foshan and Yunfu, China, with their fuel cell systems (>>View PR). According to a ‘Zacks’ article posted yesterday, BLDP’s transaction is “Valued at $17 million, and the deal will also bring in potential recurring royalties starting from 2017.”

We’ll continue to keep BLDP on our extended-term recovery watchlist.

Options Ideas For a Market Rebound

After five straight days of down markets, we’re going to be on the lookout for a rebound today. We’re seeing a gap-up here in early trading, so we wanted to venture a couple of options ideas if events play out as we expect.

We’re going to zero in on GoPro, Inc. GPRO and Facebook, Inc. FB for potential opportunities, specifically the GPRO Weekly $31-32.50 Calls, and the FB Weekly $90-91 Calls.

Extended Watchlist:
BGNN, VRSZ, NVAX, AA, PIR

Blue Horseshoe Stocks: UVXY Recap, Options Review & More

Options Updates

ProShares Ultra VIX Short-Term Futures (UVXY) – 

In Friday’s premarket report, we essentially served up our readers an absolute gem of an options idea on a silver platter, when we identified the high potential of some prime intraday flip opportunities.

We posited that the overall markets would see a pullback, and offered our take on a good way to leverage that eventuality for quick-strike gains in weekly UVXY contracts. The markets were indeed hammered back for most of the session, and as a result, our assumptions paid off in spades.

Our specified target range included UVXY Weekly $73-78 Calls, and every last set of contracts provided us with the chance to bank multi-bag gains. Check it out:

$73 Calls  – Daily Range: 2.17-8.10 – Max Gain: 273%
$74 Calls  – Daily Range: 1.47-7.20 – Max Gain: 390%
$75 Calls  – Daily Range: 1.17-6.40 – Max Gain: 447%
$76 Calls  – Daily Range: 1.10-4.53 – Max Gain: 312%
$77 Calls  – Daily Range: 77-4.34 – Max Gain: 464%
$78 Calls  – Daily Range: .57-3.68 – Max Gain: 545%

Updated Idea:

With another reversal appearing likely with this morning’s gap-up in the markets, we’ll want to swing our attention in the opposite direction. The SPY generally trades inversely to the UXVY, thus we’ll be monitoring SPY Weekly $195-197 Calls in the event of a continued uptrend signal.

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Longer-Term Ideas – Update

For each of the past two Thursdays, we’ve mentioned our interest in a set of longer-term options ideas for a number of tech stocks, namely the 9/18-10/02  FB, GPRO, GMCR, AAPL, NFLX, and TSLA Calls.

With between 1.5-3.5 weeks until expiration on the contracts contained in that range, we’ve seen some nice moves already, and we want to continue to keep an eye on this whole group. With the volatile flux we’ve observed in recent market activity, further opportunities could certainly present themselves in coming sessions.


PharmaRoth Labs, Inc. ROTH

We noticed some exciting news hitting the wires this morning for ROTH, and the PPS is currently down to a relative bottom, so we’re going to tab this subpenny play for extended observation.

Blue Horseshoe Stocks: ASTI Recap, Options Reminder & More

Trevena, Inc. TRVN

Of all of the plays that we were monitoring via our extended watchlist in yesterday’s premarket report, the most potent intraday performance came from TRVN. The stock had made a nice move in the previous session, had pulled back, and looked primed for another nice move based on the premarket activity we observed.

As the overall markets saw a trend reversal, TRVN made a solid, steady, run from a daily low of 9.21 up to 11.47; that registered as a 25% increase on more than 12X the 3-month average volume.

The stock is increasing further in the premarket today (traded as high as 11.83 thus far), so we might want to look out for the possibility of a slight dip followed by a continuation of yesterday’s momentum.

Ascent Solar Technologies, Inc. ASTI

ASTI is a stock we’re very familiar with, as a quick tag search of our archives reveals, we’ve taken advantage of this stock multiple times over the years. A couple of weeks ago, we tagged the stock as a bottom-watch play after noticing it was being beaten back to new 52-week lows.

We stated that ASTI was a prime candidate for a bounceplay, and an extreme item of interest “because when a rebound does occur, it could be very significant.” and we couldn’t have been more spot-on in that assumption.

It’s ultimate low of .10 came just three sessions hence, and the impressive multi-day recovery pushed ASTI as high as .3597 yesterday. That represents an overall swing of 260%

Options Reminder:

Last Thursday just as the markets were becoming highly distressed, we formulated set of longer-term options plays to watch once a market rebound began to occur.

Yesterday, another reversal came to pass, so we just wanted to issue a brief reminder of the potential targets we listed, and are still tracking heavily: 09/18-10/02 Calls in the FB, GPRO, GMCR, AAPL, NFLX, and TSLA chains.

Extended Watchlist:
AXPW & VRA (Nice Moves Yesterday, Still on Watch),
MEI, GBSN, GEVO

Blue Horseshoe Stocks: Options Review & More

Options Ideas – Updates

On Tuesday, we mentioned the possibility of taking advantage of the recent market downturn by utilizing some extended options ideas as stocks began to recover. We flagged 09/18-10/02 Calls in the FB, GPRO, GMCR, AAPL, NFLX, and TSLA chains. It didn’t very long for these ideas to bear fruit; we identified the following opportunities during yesterday’s session:

FB Sept 18th $85 Calls – Range: 3.54-5.25 – Max Gain: 48%
AAPL Sept 18th $105 Calls – Range: 4.95-7.40 – Max Gain: 49%
NFLX Sept 18th $98 Calls – Range: 10.75-15.23 – Max Gain: 42%
GPRO Sept 18th $45 Calls – Range: 3.04-4.00 – Max Gain: 32%

All of these stocks are gapping up significantly in the premarket today, so we expect to see some further chances for profit in these contracts. We’ll have to remain open to the possibility of needing to roll up our strike prices/expiration dates to stay closer to the money as the situation dictates.

Recap: Abengoa (SA) ABGB & Direxion Daily Nat Gas Bull 3X ETF (GASL)

We were tracking both of these stocks in the premarket yesterday, and each made modest yet notable intraday moves. ABGB traded in a range from 5.91-6.58, while GASL made its way from a low of 4.12 and went on to hit 4.56.

Both of those moves registered as 11% intraday increases, and in each case we’re going to be looking for the stocks to record higher levels of support than yesterday’s swing lows as we head into week’s end.

Great Basin Scientific, Inc. GBSN

We also want to tag GBSN as a bottom-watch play this morning. We love to track stocks that have been beaten back to new 52-week lows and bear an oversold look on the chart, and this is a prime example of just such a play.

In a press announcement this morning, the company has addressed the recent selloff, and we’ll be interested to see how the stock reacts. The CEO stated: “We believe our recent stock performance represents a technical inefficiency related to unit separation, not the underlying fundamentals of the Company’s performance”. >>VIEW PR

Extended Watchlist:
FORD, ACAD, AMBA, CMCM

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