Blue Horseshoe Stocks: WB Options & More

Zillow Group, Inc. Z

We targeted a set of ideas for the Zillow options chain yesterday, namely the Z Weekly $48-49 Calls, as the company was coming off of its Q3 earnings release.

The stock gapped down fairly significantly, however it launched into an immediate rebound that made some solid gains possible in our highlighted contracts. Here are the total possible intraday gains which could have been achieved on the back of those ideas.

$48 Calls – Range: 1.30-2.23 – Max Gain: 75%
$48.50 Calls – Range: 1.10-1.70 – Max Gain: 55%
$49 Calls – Range: .80-1.40 – Max Gain: 75%


Weibo Corp. WB

We’re simply going to stick to our running strategy of hitting up plays that have just seen their respective companies report on earnings. Chinese internet stocks have been flagging of late, and WB is at this point, extremely oversold.

We could envision a longer term scenario in which WB sees a replacement back to  $100-110 range, however we are just going to roll with some quick-strike ideas for now. We’ll be tracking the WB Weekly $86-88 Calls as we head into week’s end.


Extended Watchlist:
ETM, ATIS, IAC, MTBC, BOOT, MTCH

Blue Horseshoe Stocks: Updates, Options & More

First thing’s first- we have a few of updates from our premarket report on Tuesday, that we held over until today in favor of the Special Report which we published yesterday.

Neothetics, Inc. NEOT

One of the real standouts from our premarket report on Tuesday morning turned out to be NEOT, which stair-stepped its way steadily up the chart all day long.

From its low of .83, the stock traded up as high as 1.99, which worked out to an intraday increase of 140% and the move occurred on extremely high volume, to the tune of more than 85X the monthly average.

Yesterday, NEOT transitioned into consolidation mode off of that impressive high, so we’ll be monitoring it for support, because the recent volatility suggests that a significant rebound could ensue.


 TransEnterix, Inc. TRXC

We caught TRXC on Monday after it was reported that the company’s robotic surgery device got regulatory approval. The result was a very nice run from a low of  2.15 to 3.05 (+42%) on that day. Tuesday, we mentioned that we’d be on the lookout for further gains, and the stock did go on to hit new highs.

Tuesday TRXC ran from 3.28 all the way up to an even 5.00, an intraday gain of 52% and an overall increase of 133% from our observed low at the beginning of this week.

Yesterday, much like NEOT, TRXC began to pull back, and so we’ll also want to continuie watching this one for a potential dip-and-rip type formation.


Firefish, Inc. FRFS – Chatroom Call

FRFS was .0047 when we alerted it our trader’s chatroom on Tuesday morning. As of yesterday’s high of .077, we had witnessed a mind-blowing two-day swing of 1538% With the kind of price action and volatility we’ve seen exhibited by FRFS in the past two days, we’ll definitely want to keep our eyes peeled for further activity.

This play is another good example of why we encourage our members to get involved with this aspect of our daily activities. Ideas that come to us after 9AM Eastern don’t make it into our premarket reports, so the chats are your way to keep up with what’s moving in real time.

These Skype-based live chats are open to any of our readers. Just send a contact request to the username “stocksumo”.


Ulta Beauty, Inc ULTA – Options Idea

We’re looking at ULTA as a potential recovery play into the holiday season, as the stock just bounced off of a new annual low this week. Last week, a huge block of insider buying came in, on the order of more than $21M.

For some extended-term recovery ideas, we’re going to signal  and track the ULTA 12/01 $202.50-212.50 Calls and the 12/15 $210-225 Calls.


Extended Watchlist:
ADHD, ARNA, JAGX, MTBC LLNW, RGSE, PTN, QURE

Blue Horseshoe Stocks: LINU Recap & More

LiNiu Technology Group, Inc. LINU

We’re going to start things off today by providing an update on our coverage of a really nice move in LINU subsequent to our most recent alert on the stock from the morning of September 11th.

We observed a low of 1.05, and after a huge run on Friday, LINU reached as high as 3.20. It represents a very nice 205% move for us in under a month’s time. Volume over the saem period has been extremely elevated, and Friday’s session logged the highest single day volume in the history of the stock.


Constellation Brands, Inc. STZ – Options Update

After Constellation put out solid earnings and guidance on Thursday morning we highlighted our interest in the STZ 10/20 $210-220 Calls and they produced intraday gains of 84-142%

We reported this in Friday’s newsletter, mentioning that further opportunities could be on the horizon and we did see some good action for that session as well.

The $210’s traded in a daily range from 1.85-2.85 (+54%), the $215’s went from .65-1.05 (+62%), and the $220’s made a push from .25-.38 (+52%).


Extended Watchlist:
SANP, BLDP, MTBC, CDNA, TROV, CLNT, CYTX