Blue Horseshoe Stocks: The Week’s Top Winners

The Week’s Top Winners

Cisco Systems, Inc. CSCO – Among our fresh options ideas that we provided readers in yesterday’s premarket report, was a range of calls in the CSCO chain after the company issued much better Q1 figures than were expected.

Our targets were the CSCO Weekly $45-50-47.50 Calls and not only did they all produce instant opportunities for single-session profits, but those gains ended up being absolutely huge multi-bag intraday runs:

$45.50 Calls – Range: .40-1.33 – Max Gain: 232%
$46 Calls – Range: .20-.91 - Max Gain: 355%
$46.50 Calls – Range: .10-.54 – Max Gain: 440%
$47 Calls – Range: .03-.30 - Max Gain: 900%
$47.50 Calls – Range: .03-.11 – Max Gain: 266%
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We also had signled the Amarin Corp AMRN Weekly $15.50-17 Calls  and those too produced multi-bag rips across the board:

$15.50 Calls – Range: 1.22-3.90 – Max Gain: 220%
$16 Calls – Range: 1.00-3.00 - Max Gain: 200%
$16.50 Calls – Range: .69-2.90 – Max Gain: 320%
$17 Calls – Range: .52-2.00 - Max Gain: 285%

Today, we’ll look to potentially roll up our strike prices on AMRN to the Weekly $17 & $18 Calls*.

Bonus Idea:
PCG Weekly $24-26.50 Calls*

*NEVER trade weekly options on a Friday unless you are expert-level trader with disposable funds


Extended Watchlist:
NE, EOX, FPAY, ZAYO, AEZS, GSL, OGEN, SDRL

Blue Horseshoe Stocks: ATVI Review & More

Activision Blizzard, Inc. ATVI

On Friday, our primary focus was a bottom play in the form of ATVI, which had just been beaten back to its lowest prices since December of last year. Our inclination was to signal a range of longer term calls in the options chain, and we had instant results from those ideas.

All four of the contracts contained within our designated range produced single-session gains of a significant nature.

$55 Calls – Range: 3.20-5.00 - Max Gain: 56%
$57.50 Calls – Range: 2.30-3.60 – Max Gain: 57%
$60 Calls – Range: 1.40-2.68 - Max Gain: 91%
$62.50 Calls – Range: .90-1.84 – Max Gain: 104%


Aurora Cannabis, Inc. ACB

We have followed ACB for years, but this is the first time we’ve done a feature on the stock since it was ACBFF trading on the OTC Markets. The company uplisted to the NYSE, making it one of the few cannabis plays to do so.

After having been trading at a relative bottom toward the end of last month, the stock has been gaining some ground, and is gapping up a bit this morning on the heels of its quarterly earnings report.

Aurora’s revenue increased four-fold, and its earnings surpassed $100M in the first report issued by the company since the legalization of marijuana in Canada barely a month ago. We’ll be very interested to follow up with its conference call and expected guidance, as well as track it more closely through this new quarter.


Cronos Group, Inc. CRON

Speaking of earnings, CRON has a report upcoming early this week, and despite the PPS tapering back over the past couple of sessions, we’ll be interested to follow along with its post-release activity.

We tracked CRON over its recent solid 53% run from 6.50-9.95, and we’ll be eager to see if a solid earnings report can help reinvigorate the stock. We also made some great options calls on CRON last week, which we may swing back around and do again tomorrow, with favorable enough quarterly figures.


Extended Watchlist:
AMH, APTI, UPL, GSL, TTNP, ONVO, SBGL, VTL(Bottom play)

Blue Horseshoe Stocks: Bottom Watch Plays

Activision Blizzard, Inc. ATVI

Despite beating on earnings in its postmarket release yesterday afternoon, ATVI reported fewer monthly active subscribers, and the stock has taken a gut punch as a result, falling to new annual lows in the mid-$50′s. The stock hasn’t seen a PPS this low since last December, and it went on to have a post-holiday run into March of this year, and yet another in the spring.

While we don’t expect an exact repeat of history, at present the stock is highly oversold, and we want to set up a longer-term recovery play to place on watch today and monitor going forward. We’ll be looking at the ATVI 01/18 $55-62.50 Calls for this purpose.


Bunge Ltd. BG

We’ve also taken notice of an interesting setup on BG, which has been recently trading at a double bottom, and whose CEO just picked up nearly a hundred million dollars worth of the stock here at these lows. He was also joined by another insider which submitted a pair of Form-4′s for the purchase of roughly $40M.

That’s an incredibly large bet on the part of the company’s leader, far out of the realm of simply trying to prop up his company’s stock. To invest that kind of money, would seem to imply a firm inside belief that BG won’t go much lower than what we’ve seen in the past week or so. We’ll place this stock on a Form-4 Bottom Watch moving forward, and monitor for the possibility of a nice rebound.


Extended Watchlist:
APRN, PRTY, GSL, REV,

Blue Horseshoe Stocks: MTBC Recap & More

Medical Transcription Billing Corp. MTBC

We caught wind of a potential opportunity in MTBC yesterday morning on a routine scan, and we included it in our extended wathclist for the day. We’re glad that we did, because it turned out to be our top performer for the session!

From a low of 1.43 MTBC shot to a high of 2.87 for an early intraday rip of 101% The stock traded massive volume to the tune of fourteen times the monthly average, while holding the vast majority of its daily gain into the close at 2.40. Based on those factors, we’re very interested to continue tracking MTBC over the course of the next few sessions.

While it does appear overbought at the moment, having been in a bullish pattern for a week now, the stock is currently in blue skies, so there’s no telling where this run might end. One thing’s for sure, when it does begin to pull back off of these impressive new highs, we’ll be waiting in the wings for a subsequent dip-and-rip.


Ocwen Financial Corp. OCN

Yesterday morning we pointed out that OCN was looking massively oversold after falling off a cliff a couple of weeks ago. We also alluded to the fact that it was gapping up significantly in the premarket.

Our vigilance paid off instantly as the stock quickly turned into the bottom bouncer we had it figured for, running 30% intraday from 2.60 to 3.38 on roughly six times the 30-day average. Even if it just returned to its 200DMA, it would spell further gains of 38% so we’ll continue to keep an eye on OCN.



NXT-ID, INc. NXTD

Speaking of bottom-plays, we’re taking notice of NXTD this morning as the stock is gapping up past its current 50DMA of 1.86 in the premarket.

Prior to today it had already begun to bear the look of a stock that was ripening for a rebound, and we’re going to want to pay close attention to its progress in sessions to come looking for the recording of higher highs and higher lows.


Extended Watchlist:
BLDV, IAC, REXX, CHGG, MOC, BDSI, GSL

Blue Horseshoe Stocks: Options Updates & More

Options Updates

S&P 500 ETF (SPY) -
We tagged the SPY 11/23 $218.50-220 Calls for observation on Monday, and wanted to circle back around to relay the excellent moves it went on to make.

$218.50 Calls– Range: .90-2.24 – Max Gain: 149%
$219 Calls – Range: .58-1.83 – Max Gain: 216%
$219.50 Calls – Range: .35-1.30 – Max Gain: 271%
$220 Calls – Range: .19-.89 – Max Gain: 368%

Keep in mind that trading these today would essentially be akin to trading normal weekly contracts on a Friday, a risky venture that we always warn is to be attempted only by advanced traders.

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Petroleo Brasiliero S.A. (Petrobras) PBR – PBR was the subject of another idea we formulated on Monday morning, and it too provided the activity we needed to see our highlighted targets post some solid performances. Our contracts of interest here were the PBR Weekly $9.50-10.50 Calls
and while they didn’t move quite as much as the SPY calls, the potential gains were still significant.

$9.50 Calls– Range: .68-1.00 – Max Gain: 47%
$10 Calls – Range: .30-.54 – Max Gain: 80%
$10.50 Calls – Range: .08-.21 – Max Gain: 163%

Unlike the aforementioned play, these contracts don’t expire until the end of the Friday’s half session (1PM).


Clean Coal Technologies, Inc. CCTC

The characteristic volatility that we’ve come to expect from CCTC showed it face this week, as the stock turned the bottom-bounce from the end of last week into a multi-day run that has persisted ever since.

We placed the stock on watch earlier this month, and after a short period of consolidation it finally established a base at .105, before running to yesterday’s new high of .2835. That marked a upswing totaling 170%

We’ll look for the possibility of a breach of the 200DMA currently sitting at .302, a break past which point would send the stock into blue skies, while keeping in mind that the volatility we mentioned could come into play. We’ll need to be open to the chance of the stock consolidating again before gearing up for another run. One thing’s for sure, the rapidity with which this play can cover large amounts of ground on the chart makes it worthy of continued observation.


Extended Watchlist:
ESEA, OMHE, LIGA, DCIX, GSL, OPXA,
AGHI(Prime bounceplay, see yesterday’s report)