Blue Horseshoe Stocks: Bottom-Watch Play & More

Aytu Bioscience, Inc. AYTU

We’re always on the lookout for a bargain, and we may have a prime bottom play opportunity in AYTU in the near future. The stock has been on the downtrend for a couple of months, and is presently very heavily oversold.

We’re going to put this play on our radar and watch carefully for a bottom-bounce which appears to be imminent. Gaining back even half of the ground its recently lost would mean more than a dounble from the current PPS.


SPDR S&P 500 ETF (SPY)

We’re also looking at the SPY today after a lackluster finish to last week. Market sentiment still appears to be bearish as we ready ourselves to kick off this fresh trading week.

We are going to be tracking a set of bearish options, particularly the SPY 10/08 $288.50-$287.50 Puts. Keep in mind that these expire at the end of the day, thus should be treated as weekly options on a Friday. Only expert traders with disposable income should attempt these kinds of trades.


Extended Watchlist: 
BBD, CIG, CRMD, RGSE, MOSY, PAGS, JAGX, ATIS

Blue Horseshoe Stocks: HOME Recap & More

At Home Group, Inc. HOME 

On Friday morning, we closed out our premarket report with a fresh options trading idea for the HOME options chain, with the HOME 04/20 $30 Calls.

The idea paid instant dividends for our readers and ourselves as those calls traded in a very solid range from 1.20-3.75 on the day, giving us the chance at intraday gains of up to 213% There’s obviously plenty of time to continue tracking this play, but as it is, we’re extrmely pleased with its single session performance on Friday, which registered as the sixth biggest gainer on the NASDAQ.



Aytu BioScience, Inc. AYTU

Another target we selected last week for a bottom-watch play after noticing the chart setup and a string of insider buys, was AYTU. While it didn’t exactly blast off yet, we wanted to go over the move it did make, and reiterate our interest in tracking this play as we kick off this short trading week.

Subsequent to our alert, the stock traded in a range from .4118 to .51, a modest 24% rise, and still has tons of room to run. In fact, the company will need to promptly reach and maintain a 1.00 PPS or risk having NASDAQ forcibly de-list its stock.


Extended Watchlist:
AVID, DBX, GERN, JAGX, SRNE, VII, VKTX

Blue Horseshoe Stocks: Bottom-Watch Play & More

Eastman Kodak Co. KODK – Update

It was a few weeks ago on the 12th of January that we signaled a range of puts in the Kodak options chain.  The company had seen a considerable surge in price after announcing its own unique crypto-coin, but we took a skeptical position as to its sustainability.

We highlighted the KODK 02/16 $15 & $12.50 Puts.
and wanted to come back around to it this morning to check out the gains that were made possible as the stock has predictably failed to maintain its uptrend, and instead has fallen significantly since our alert.

As a result, the $15 Puts have run from 4.70-8.80 for an 87% pop, while the $12.50’s traded from a low of 2.60 up to 6.50, a gain of 150%


Auris Medical Holding Inc. EARS

We lso want to add a quick bottom watch play in EARS to kick off the week this morning.

It’s got multiple gaps to fill to the upside and is currently considerably oversold. We’ll want to watch this stock for a potential rebound in the days and weeks ahead.


Extended Watchlist:
JAGX, MARK, USLV, BUR, GERN, XNET