More Hot Options Plays

Options Review:

Our first targets of the week in Monday morning’s premarket report were AAPL and TSLA, as both stocks underwent a forward split of their share structures, lowering their PPS values and getting a lot of fresh buyers coming into the mix.

We positioned ourselves accordingly with ideas for each chain, with the TSLA Weekly $447-455 Calls and the AAPL Weekly $125-127.50 Calls, and activity provided by the stock over these first two sessions of the week has provided us with the following gain opportunities:

TSLA Weekly $447-455 Calls 
$447: 18.00-60.63 (+237%)
$450: 16.80-57.95 (+245%)
$455: 15.00-53.63 (+258%)
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AAPL Weekly $125-127.50 Calls
$125: 5.05-10.75 (+113%)
$126.25: 4.00-9.80 (+145%)
$127.50: 3.87-8.75 (+126%)

We’ expect to see these AAPL figures increase today, and we’re going to stick with the Apple chain this morning and roll our targeted strike area up to include the AAPL $136.25-137.50 Calls.


Fresh Options Ideas:
ODT 01/15 $17.50-22.50 Calls
GES 09/18 $13-14 Calls
LE 09/18 $15 Calls
VRA 09/18 $7.50 Calls 


Extended Watchlist:
GCAN, DECN, SITS, AXXA, NWBO

Blue Horseshoe Stocks: Weekly Wrap-Up, Options Plays & More

Marijuana Company of America, Inc. MCOA

Following today’s session, we will have been tracking MCOA’s movements for exactly one month. When we first began talking about this play in early October it was trading in the subpenny range (.0094), and the results of one heck of a bullish month carried the stock to nearly twenty cents!

We had already seen a rise leading up to yesterday morning’s update on the stock of 1200% but the epic run wasn’t finished. The stock traded in a daily range from a low of .083 and hit an incredible new high of .1985 before tapering off into the close. That worked out to an intraday run of 139%

From our observed low it measures as a one-month overall upswing of 2011% which is one of the largest gainers we’ve bagged all year where stocks are concerned (Our options calls reach percentage gains of more than 1000% fairly routinely).


Galenfeha, Inc. GLFH

Also continuing its multi-day run yesterday was GLFH, which we brought to the table on Monday morning. It has now officially appeared in every report we’ve published for the entire week, on the strength of yet another solid performance yesterday.

We said early on that we’d be looking for GLFH to be a slow and steady riser over these four sessions; it has made gains every day but never exceeding 35%, and yesterday’s move was no exception. What it has done, is maintain those advances and kept piling one on top of the other.

The stock traded in a range from .055-.069 yesterday, for an intraday increase of 25%, and measuring from our observed low of .026, the total intraweek run its posted comes out to a highly respectable 165%

It’s rare that stocks see multi-day runs exceeding three days, so at this point, we’ll begin to ready ourselves for a consolidation that could come at any time.


Fresh Options Ideas

Our incredible success with numerous stocks this week dictated that we shy off of the options trading arena for a few days, but it’s high time for us to enter some ideas into the mix this morning. For both of the following plays, we’ll submit a weekly target* (expiring today) as well as one for next week, just in case these stocks put together multi-day increases of their own.

TWLO Weekly $32-35 Calls & 11/11 $35-36.50 Calls

SBUX Weekly $52-53 Calls & 11/11 $53.50-55 Calls

*Dabbling in weekly options contracts on a Friday should not be attempted by anyone except expert traders!

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Lands End, Inc. LE

On the chart below, we’ve pointed out the various reasons for why we like it from a technical perspective. Additionally, we always like to track a wide range retail stocks as the holiday shopping season approaches, and it fits the bill in that regard as well.

We’ve got an extended-term options idea for this one, with the LE 12/16 $12.50-17.50 Calls.


Extended Watchlist:
EXCC, ELED, MMEG, PLPL, FCEL, FEYE(Bottom-Bouncer)

Blue Horseshoe Stocks: Cannabis Stocks Blazing & More


United Cannabis Corp. CNAB

CNAB was one of a pair of cannabis plays that we mentioned we’d be tracking toward the end of last week that ended up kicking this week’s trading off with great sessions. When we brought CNAB up in our premarket report on Thursday,

We followed up on Friday after the stock had made a 43% run from .28-.40, and asserted that we’d be on the lookout for CNAB as well as other plays in the pot sector to see increased activity in the weeks ahead. November is fast approaching, with several key cannabis initiatives coming up for a vote, including a recreational bill in California.

CNAB got off to a great start to the week today, by running from a low of .39 to a new high of .63. That worked out to an intraday move of 62%, and a total gain of  125% over our observed low from last week.

Our overall interest in the space has been ongoing from the fall of 2014, just prior to the first “Green Rush”, a historic period which saw countless stocks in the sector make exponential gains. With activity for many of these stocks picking up once again, we’ll be certain to watch plays like GRNH, ERBB, PHOT, TRTC, PZOO, and BLOZF more closely.


OWC Pharmaceutical Research Corp. OWCP

The other cannabis related stock that we’ve been hot on the trail of since Thursday is OWCP, and the stock has been pushing the envelope ever since.

Yesterday we were just mentioning the excellent gains it had already made from .0045 to .0111, and that we were anxious to see it continue its momentum, and it followed up with another great performance. From its daily low of .0109 OWCP went on to hit a new high of .0193, representing a daily rip of 77%, and a three-session overall increase of 329% over Thursday’s .0045 low.

Congratulations to any of our readers who caught a piece of the excellent action on OWCP. With the progress it’s already made, we’ll definitely be reserving a continued slot on our radar screens for this stock in sessions ahead.


Nova Lifestyle, Inc. NVFY

We also want to take a minute to point out a good catch we had in NVFY yesterday, which traded monster volume to the tune of roughly 20X the monthly average, and recorded a solid intraday push.

The stock traded in a range from 3.81-5.15, for a gain of 35% and held a good deal of that advance into the close at 5.08. We’ll continue to track this play and look for it to record another session of higher highs and higher lows, as it has done for the past six days straight.


Extended Watchlist:
MCOA, SGBY, CLDX, NADL, CNAT, OLLI, VKTX, LE