LTUM Archives - Page 2 of 2 - Blue Horseshoe Stocks

Form-4 Alert, Fresh Options Plays

Nkarta, Inc. NKTX – Form-4 Alert

We took notice of an interesting new IPO this morning in NKTX. Typically we would be more interested in stocks with a long history of data to look at, but in this case a notable name is buying up shares. Mega-laboratory GlaxoSmithKline purchased a noteworthy $15M chunk of NKTX, and the newly issued stock has been in a freefall looking for support.

In our experience, we see a lot of IPO’s that sell off hard directly after their initial offering just like this one. It’s when they establish a firm bottom that the buying opportunity is at its greatest, so we are definitely going to want to keep a close watch over NKTX for that to occur. There may be a solid gain opportunity on the horizon here that we won’t want to miss.

Virgin Galactic Holdings Inc. SPCE

We highlighted some calls in SPCE last week and met with great success, to the tune of several multi-bag gain opportunites. It has continued to run this week, and so far we’ve seen a 39% move in the stock alone from 19.07-23.53.

We are interested in selecting another range of calls to monitor with SPCE faring so well, so we’re going to place the SPCE $25.50-26.50 Calls on watch for the remainder of the week.

GeoVax Labs, Inc. GOVX

We tagged GOVX in our extended watchlist on Tuesday, and this stock has made an absolutely eye-popping move.

From its low of .62 on Tuesday, GOVX hit 1.75 yesterday, marking a total two-day upswing of 182% We’ll continue to keep an eye peeled for more activity in this highly volatile play.

Options Ideas:
KMB Weekly $145-148 Calls
DHR 08/21 $200-210 Calls

Extended Watchlist:
MSTO, WNDW, VYST, TSOI, LTUM

Blue Horseshoe Stocks: Options Review & More

Options Updates

Under Armour, Inc. UA – On Thursday, we signaled interest in the UA Weekly $45-48 Calls and as you may recall, on that day we were provided the chance at gains spanning from 42-186% from contracts within the range. We mentioned the following morning that we expected to see further moves out of them. Our assumption proved accurate.

Multi-bag intraday gains were there for the taking, and the trading ranges in some cases exceeded any of the big gains we’d seen on Thursday by a wide margin:

$45 Calls – Trading Range: .87-2.05 – Max Gain: 136%
$45.50 Calls – Trading Range: .54-1.54 – Max Gain: 185%
$46 Calls– Trading Range: .20-1.10 – Max Gain: 450%
$46.50 Calls – Trading Range: .10-.57 – Max Gain: 470%
$47 Calls – Trading Range: .02-.20 – Max Gain: 900%

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Bank of America Corp. BAC – We were also targeting BAC options last week, namely the BAC 07/15 $15 Calls which we signaled for observation on Wednesday morning. That day we witnessed a low of .51 in those calls, and the performance was quite respectable for the remainder of the week, culminating in a high of .85 on Friday.

We’re going to want to leave this play on our radar, with so much time remaining until their expiration, we may yet see further opportunities arise.

Lithium Corp. LTUM

We also want to make a quick mention of LTUM, which appeared on our watchlist on Friday, and subsequently made a notable move. The stock traded in a range from .10-.1349, for gains approaching 35%

Adding to the Radar

We took a look around this morning for a few new items of interest as we kick off another trading week, and came up with the following four stocks, three of which are in the biopharma sector. Half are catching our attention with fresh news out this morning, and the other half have attractive features on their charts.

FRESH NEWS:

EP Global Communications, Inc. EPGL

Johnson & Johnson Vision Care, Inc. Secures Exclusive Right of First Negotiation to EP Global Communications, Inc. Ophthalmic Technologies (Mon 7:10AM EDT)

Protea Biosciences Group Inc. PRGB

Protea announces license agreement with Yale (Mon 8:00AM EDT)

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INTERESTING CHARTS:

TetraLogic Pharmaceuticals Corp. TLOG & StemCells Inc. STEM are also going on our watchlist after we’ve identified gaps on both charts in need of filling. We’re going to keep an eye on this pair over the next few sessions and see how it shakes out.

Extended Watchlist:
ADCF, ASUV, AVXL, HMPQ, ROSV, SFOR

Blue Horseshoe Stocks: UA Options Recap & More

Options Update

Under Armour, Inc. UA – For a fresh options idea yesterday, we were taking a look at UA Weekly $45-48 Calls and were provided a good opportunity for some impressive intraday gains beginning early in the session. We were quite pleased with the performance of five out of the six sets of contracts in our observed range. The exception to the rule were the $48 Calls, which weren’t quite pushed into the money (UA high: 47.80). The rest offered up great chances, which were as follows:

$45 Calls – Trading Range: 1.45-3.91 – Max Gain: 170%
$45.50 Calls – Trading Range: 1.25-2.10 – Max Gain: 68%
$46 Calls– Trading Range: .80-1.80 – Max Gain: 125%
$46.50 Calls – Trading Range: .85-1.21 – Max Gain: 42%
$47 Calls – Trading Range: .35-1.00 – Max Gain: 186%
$47.50 Calls – Trading Range: .28-.70 – Max Gain: 150%

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FRESH IDEA:

We also want to put arange of options contracts on watch for McDonald’s Corp. MCD on the heels of its earnings beat. We’re going to be tracking the MCD Weekly $125-128 Calls for potential daytrades.

CAUTION: Trading weekly options on Friday is very high risk, as the closing bell signals their expiration. To be attempted by advanced traders only!

Aperture Health, Inc. APRE

When we introduced APRE to our readers on Monday (>>View Report), and at the time we ventured that it may display the same sort of volatility as is characteristic for such a low-float play, and we weren’t disappointed.

The stock offered up multiple chances for intraday gains over the course of the week. Monday brought a nice 59% rip from .027-.0428. Tuesday we saw a 23% swing from .031-.038, and yesterday, a run from .025-.0379 (+52%). In total, 134% in cumulative gains on the week, which is very respectable indeed.

Over the course of this same past week, with respect to its status on OTC Markets, APRE went from bearing a stop sign, to a yield, and has now gone current in an effort to be more transparent. It’s really good to see management doing the right thing for shareholders! We’ll be anxious to follow the progress of this interesting company into the future.

Once more, check out our detailed APRE Report as a place to begin your own due diligence.

Extended Watchlist:
TPAC, LTUM, MKAU, HDSI