Tag: I

Solid Stock and Options Calls

Myovant Sciences Ltd. MYOV

In yesterday morning’s premarket report, we included MYOV in our Extended Watchlist for the day. It was a stroke of perfect timing, as it would end up the day’s top traded play on the NASDAQ.

The stock had been trading in a lackluster fashion for an extended time period, but the company’s revelation of completed prostate cancer treatment trials and plans to submit to the FDA, helped generate some really nice activity in the stock that is spilling over into the premarket today.

We’ve seen two distinct swings thus far, with MYOV first running from 12.64-17.16 (+36%) yesterday, before pulling back to 10.37. In the premarket this morning it has surged back to 15.31, a 48% upswing. We’ll be eager to continue tracking this interesting activity.


Kohls Corp. KSS

We also had a range of bearish options ideas in the Kohl’s chain in yesterday morning’s newsletters, and thanks to a poor showing on earnings, we saw deep decline in KSS stock despite the fact that we are headed into the thick of retail season.

Our ideas were the Kohls Corp. KSS Weekly $53.50-51 Puts, which put forth the following gain opportunities on the day:

$53 Calls – Range: 3.07-5.92 – Max Gain: 93%
$52.50 Calls – Range: 2.80-5.30 – Max Gain: 89%
$52 Calls – Range: 2.64-5.00  – Max Gain: 89%
$51.50 Calls – Range: 2.10-4.30 – Max Gain: 105%
$51 Calls – Range: 1.80-4.00  – Max Gain: 122%

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Fresh Options Idea
Target Corp. TGT Weekly $119-123 Calls 
Canopy Growth Corp. CGC Weekly $15.50-16.50 Calls

Extended Watchlist:
BAS, YTEN, CTST, I, SGLB, OCGN, DFFN, CTMX, CRZO

Blue Horseshoe Stocks: SSLJ New Highs & More

SSLJ.com Ltd. SSLJ

We included a reminder on SSLJ in yesterday’s premarket report, the second time since our initial alert on the Tuesday before last wherein we expressed our interest in the stock as a bottom play.

The stock subsequently experienced a low of .64 and while it had already made significant headway as of yesterday morning, the session brought even more impressive gains our way.

We mentioned it could move to fill its gap on the chart and it did so. The stock traded in a daily range from 1.72 to a new high of 3.00. That works out to an intraday run of 74% and represented a total increase of 369% from our observed low in just two weeks!

Advanced Micro Devices AMD

We recently had great success with some AMD options plays, a stock that we often use for that purpose, but didn’t talk much about the real story, which is the stock’s incredible rise this spring and summer.

We talk about AMD quite often in fact, with one of those alerts coming several months ago on April 26th. Since then, the stock has essentially done very little other than bull its way to impressive new highs. Subsequent to that April alert, it was trading at lows of 10.61 and it never looked back. The stock reached new highs of 20.18, a 90% increase. It’s rare to see such a big stock make a double but AMD has certainly gotten close over the past few months of activity.

Extended Watchlist:
HYRE, CGNX, ABIO, SPWR, GST, I

Blue Horseshoe Stocks: UURAF Update & More

Ucore Rare Metals, Inc. UURAF – Update

We wanted to return to UURAF today, a company we covered last month, which is in the process of designing and building a rare earth material extraction facility near Ketchikan, Alaska which it believes could help the US end its dependency on China for rare earths.

UURAF’s Bokan – Dotson Ridge rare earth property is considered as having some of the richest deposits of rare earth materials in North America, and is so promising that the Alaskan government pledged a $145M funding package to assist in development of the property, including $30M for the new processing facility.

A few weeks ago, the company announced it would be executing a private placement to help cover general expenses as it continues to develop the Bokan property, and just yesterday, we saw that the company has completed the first portion of that deal, quickly making good on its earlier statement:

HALIFAX, Nova Scotia, June 11, 2018 (GLOBE NEWSWIRE) — Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) is pleased to announce that further to its news release dated May 23, 2018, the Company has successfully closed the first tranche of its non-brokered private placement by issuing 6,344,074 units at a subscription price of $0.18 per Unit for gross proceeds of approximately $1,142,000. (>>View Full PR)
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VIDEO CHART:

We have also prepared a video presentation of the current UURAF chart.

We are going to be reviving our YouTube channel so after you’re finished viewing the following chart, be sure that you get subscribed with alerts activated, for more great content coming soon!

Tesla, Inc. TSLA – Options Idea

TSLA stock is getting a jolt after KeyBanc analysts predicted as much as a 50% rise in Tesla Model 3 deliveries, and as is the case whenever something causes a stir on the chart, we are going to be looking to take advantage of the situation using some weekly options ideas.

For TSLA, which just recently cracked through its 200DMA, we are going to be looking to the TSLA Weekly 337.50-347.50 Calls for potential quick-strike trades.

Extended Watchlist:
KNDI, SAGE, I, RIGL, GALT, TYME, APRI