Blue Horseshoe Stocks: NFLX, MCD Options Recaps & More

Options Recaps

Netflix, Inc. NFLX – We persisted in tracking the NFLX options idea that we formulated on Tuesday for the remainder of the week, and they ended up performing great yet again on Friday.  If you recall, our designated targets were the NFLX Weekly $117-120 Calls, and they didn’t have a down day all week.

The following figures indicate the lows we observed on Tuesday morning, and the subsequent highs reached during Friday’s session. What we were faced with were four incredible intraweek increases:

$117 Calls – Range: 2.19-10.77 – Max Gain: 392%
$118 Calls – Range: 1.43-10.02 – Max Gain: 601%
$119 Calls – Range: 1.03-8.87 – Max Gain: 761%
$120 Calls – Range: 1.07-7.83 – Max Gain: 631%

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 McDonalds Corp. MCD – Our highlighted range of MCD Weekly $113-115 Calls was fresh for Friday’s session, and it bore fruit as well. While we didn’t sweep the range in terms of hefty gains, the $113’s in particular did provide a nice chance to profit on the day.

Those calls traded in a range from .33 and shot to 1.43, allowing for  single-session gains of up to 333%


Agritek Holdings, Inc. AGTK 

Subsequent to the alert we put out on AGTK last month on the 14th, we would observe an overall low of .003, and the stock has never fallen below that level since. In fact, what began as a subpenny play, has rumbled its way to multiple pennies after a fantastic performance last week.

Running to a new high of .0298 on Friday, the stock registered an overall increase of 893% over our observed low, and with a strong close at .028, we’ll be on the lookout for some momentum spillover into this week. The possibility of a dip-and-rip forming on the chart also appears to be a plausible scenario, so we’ll be on our toes watching for that possibility as well.

AGTK is also a part of the cannabis sector, which of course we’ve been watching more intently, and plan to continue doing so leading into election day the week after next.


Peregrine Pharmaceuticals, Inc. PPHM

This is another familiar play for us, and we want to tag it for closer observation again this morning on the strength of both a fresh PR hitting the wires along with an attractive technical setup on the chart.

As you can see below, the stock has recorded a higher low in each of the last five sessions since coming off a bottom, and indicators suggest that things could heat up for this play at any time. We’ll keep an eye peeled.

TODAY’S NEWS:
Preclinical Research Demonstrates Peregrine Pharmaceuticals’ PS-Targeting Antibodies Enhance the Anti-Tumor Activity of PD-L1 Checkpoint Inhibitors in Model of Triple Negative Breast Cancer (TNBC)(>>Read PR)


Extended Watchlist:
IFAN, PLPL, PPCH, PPJE, OPGN, DRWI, NEWC, VNTH

Blue Horseshoe Stocks: Wrapping Up Another Great Week

Options Roundup

American Express Co. AXP – For a fresh idea yesterday, we signaled a range of AXP options that we felt would see some nice activity in the wake of an earnings beat for American Express. The targets were the AXP Weekly $64-65.50 Calls.

Our assumptions proved accurate, with major moves happening for all four sets of contracts contained within that range:

$64 Calls – Range: 1.10-3.83 – Max Gain: 248%
$64.50 Calls – Range: .81-3.20 – Max Gain: 295%
$65 Calls – Range: .44-3.57 – Max Gain: 711%
$65.50 Calls – Range: .33-2.30 – Max Gain: 597%

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Netflix, Inc. NFLX – We also had a running options idea going for NFLX since Tuesday, and the gains were extended even further for us in yesterday’s session. The NFLX Weekly $117-120 Calls have gone up every day since our initial alert, exceeding even our own expectations.

The updated figures below represent the range from Tuesday’s lows, to the new highs recorded yesterday, and the total possible gains therein:

$117 Calls – Range: 2.19-6.70 – Max Gain: 206%
$118 Calls – Range: 1.43-5.71 – Max Gain: 299%
$119 Calls – Range: 1.03-4.66 – Max Gain: 352%
$120 Calls – Range: 1.07-3.85 – Max Gain: 260%
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Today’s Fresh Ideas

Microsoft Corp MSFT  – Continuing along our extremely successful pattern of taking advantage of earnings beats for options trading this week, we’re going to submit two last ideas today. With Microsoft hitting all-time highs, we’ll be very interested in tracking the activity in the MSFT Weekly $59-61 Calls*, and if the stock manages to break $61, of course we’d have to roll our strike prices up.
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 McDonalds Corp. MCD – McDonalds’ earnings report is also being well received this morning and MCD was a stock that had been previously backsliding. We’ll look to take advantage of the potential reversal with the MCD Weekly $113-115 Calls*.

*We always issue an extra warning when highlighting an idea that involves trading weekly options on a Friday. If you’re not an advanced trader, don’t even attempt it!


Other Updates

OWC Pharmaceutical Research Corp. OWCP –
We first began talking about OWCP on September 29th, and at the time we had designated it a subpenny bottom-play. Our observed low that day was .0045, and the stock has never looked back as it’s gone on an absolutely epic ride since then.

We were impressed enough after seeing it run over 1500% past the seven cent mark in the first week we were tracking it, but what came next was on another level. We called for our readers to watch for a dip-and-rip off of that initial run, and that’s just what happened.

The stock reached an incredible new high of .191 yesterday, marking a surreal 4144% gain over our observed low from just three weeks ago.

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GreenGro Technologies, Inc. GRNH – As we’ve been mentioning all week, cannabis plays are hot once again, and one of the latest movers in that department has been GRNH. We tagged it along with several other pot stocks that have been performing well on Tuesday. Since that time, it has traded up from .0905 to  as high as .142, a 57% pop.

From our next most recent alert on GRNH on October 4th, the move has been even more impressive (.0651-.142; 118%).

As we said, we’ll continue to have it and other marijuana stocks on close watch as we approach election day, with several states having recreational marijuana on the ballot.

We’ve also prepared a video presentation of the charts on both of these plays, which you can view by tapping the image below:


Extended Watchlist:
COBI, CNAB, CNBX, NGMC, VAPR, OPTT, EVDY

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