Tag: KMX

Blue Horseshoe Stocks: KMX Options Update & More

CarMax, Inc. KMX – Options Idea

We formulated several targets in the KMX options chain yesterday morning in accordance with the solid earnings beat and premarket gap-up we were observing.   We specified some medium and longer-term contracts with the KMX C$57.50 and $60 Calls, and the 05/19 $60-$65 Calls. We were more than pleased with the activity that ensued.

We’re usually pretty good with our targeting, and these ideas were no exception. Every single one of the contracts we mentioned provided traders with the chance for some very nice single-session gains.

04/21 $57.50 Calls – Range: .45-1.70 – Max Gain: 278%
04/21 $60 Calls – Range:  .17-.75 – Max Gain: 341%

05/19 $60 Calls – Range: .68-1.54 – Max Gain: 126%
05/19 $62.50 Calls – Range: .28-.82- Max Gain: 193%
05/19 $65 Calls – Range: .11-.38 – Max Gain: 245%

With that kind of activity on the very first day, we’re definitely going to want to keep these plays in mind going forward. There may yet be more opportunities still to come.

Akari Therapeutics, Plc. AKTX

We tagged AKTX in yesterday morning’s extended watchlist and saw a very nice intraday performance. It traded in a daily range from a low of 13.69 to a high of 18.46, which represents a 35% spike on the day.

That move came on more than thirteen times the three-month average volume. On the whole, the activity in AKTX was extremely impressive, especially for a stock in its price range. The stock failed to maintain the majority of its daily advance, but we’ll remain interested provided it can register a higher base level of support to close out the week today.


In Ovations Holdings, Inc. INOH

We’re going to begin monitoring this super-subpenny stock after it just reappeared with its first filings in quite some time; two quarterlies and an annual report can be found at the company’s OTC Market filings page (>>View Filings). The filings bring the company current on its financial reporting.

We’ve seen a number of triple-zero stocks make exponential gains in recent weeks, and want to take a flyer on INOH on the outside chance that it could be the next rocket to leave the launchpad!

Extended Watchlist:
GBSN, CLNT, MNKD, SALT, SBLK, CBR,

Blue Horseshoe Stocks: Fresh Options Ideas, Updates

Global Payout, Inc. GOHE – Update

On our first day of coverage we saw quite a respectable performance out of GOHE, with a solid move on the chart, along with an influx of heavy volume.

The stock traded in a range from .025 to .035 on the day, which worked out to an intraday move of 40%, with more than four times the 30-day average number of shares changing hands. We’ll continue to keep a close eye on the stock, looking for the recording of higher lows and higher highs in sessions ahead.

If you didn’t catch our special report on GOHE published yesterday, then we urge you to do so now:
GOHE Special Report


American Leisure Holdings, Inc. AMLH

For another quick recap of a recent mention of ours to make significant strides during yesterday’s session, we’ve got AMLH. We included a tag of this play in Tuesday’s report, and saw a moderate pop toward the end of that session, but yesterday is when things kicked into a higher gear in terms of intraday movement.

We watched as AMLH traded up from a low of .0027 and eventually hit .0052, for a daily rip of  93% which occurred on roughly 2.5X the monthly average volume.

CarMax, Inc. KMX – Options Idea

We always like a good earnings-related options play, so we’re looking at KMX this morning, which recently showed signs of reversing off of a relative bottom.

. After a solid beat, we’ve seen a moderate premarket gap-up, and would like to signal a range of longer-term ideas that could see some appreciable gains if KMX can mount an extended comeback. We’re going to focus on the KMX 05/19 $60-$65 Calls. For a shorter-term idea, we’ll watch the KMX 04/21 $57.50 and $60 Calls.


EV Energy Partners, L.P.  EVEP

We like the look of the chart on EVEP, which we’re going to tag as a potential bottom-bouncer this morning. The stock has already strung together a few bullish sessions, and the chart itself looks ripe for the possibility of a more protracted recovery.

As you can see on the snapshot below, the RSI is on the cusp of cracking the 50-line, while the MACD just underwent a recent bullish cross and is showing upward divergence. These technical indicators put EVEP high on our list of possible recovery plays.

Extended Watchlist:
INNL, SUN, AKTX, IMMY, TRVN, YUMC