Blue Horseshoe Stocks: Fresh AMPG News

Amplitech Group, Inc. AMPG – Big News Alert

First thing’s first- Amplitech has just dropped a fresh PR this morning in the premarket that we wanted to pass along to our readers. As we were just mentioning yesterday, this stock has made a solid 28% increase since we first began tracking it on April 1st (.043-.055), so we’re very interested to take a look at the key news update that has just been provided.

For a sum of just over $2M, AMPG has executed an acquisition of the business assets of privately-held, NY-based, microwave tech firm, Specialty Microwave Corp. (SMW), which boasts an average annual rate of $1.75M in sales over the past three years. A continuation of that trend following the final completion of the acquisition would nearly double AMPG’s 2018 sales! (>>View PR)

What this means for AMPG stock, which was already plenty attractive to us prior to learning of this development, is massive potential for more gains in the immediate future. Remember, we’re dealing with an incredibly tight share structure in AMPG, with just 22M shares in the float, so news of such an acquisition has the potential to be a springboard to a significantly higher PPS!

The deal is for all of SMW’s assets, customers, team members, and upon final completion in the next quarter, AMPG will move its own operations to SMW’s headquarters, just a few miles down the road from Bohemia in nearby Ronkonkoma, NY, and is expected to be wrapped up by July.



FRESH OPTIONS IDEAS
JD.com, Inc. JD Weekly $29-30.50 Calls*
SPDR S&P500 ETF SPY Weekly $284-285.50 Calls*

*Please do not attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
NAK, JAGX, EYEG

Blue Horseshoe Stocks: Options Roundup

Dicks Sporting Goods, Inc. DKS – Recap

We cast a wide net with respect to the DKS options we included in yesterday’s premarket report, marking the Weekly $35-40 Calls for observation on the heels of the company’s earnings release.

While there were gains on the table for all ten of the contracts in our specified range, we won’t list all of them out, but rather just provide the bottom and the top of the range, and let our readers fill in the blanks.

The $35 Calls ran from 1.50-3.99 for an intraday move of 166%  The $40′s traded up from .10-.45, representing an upswing of 350%  Agiain, increasing, commensurate gains were available throughout our designated range of contract sets.


HP, Inc. HPQ – Recap

We also formulated an idea for the HPQ options chain in yesterday’s report, the HPQ Weekly $21-22 Calls, and were presented with some big single session moves there as well, including a five and a six-bagger!

This was another post-earnings idea, which is generally when we like to strike, at a time when price action and volatility are increased to significant levels. It provided for the following chances for profit:

$21 Calls – Range: .40-1.21 – Max Gain: 214%
$21.50 Calls – Range: .11-.76 – Max Gain: 590%
$22 Calls – Range: .05-.35 – Max Gain: 600%


Fresh Options Ideas – We’ll finish up this morning’s options-heavy report by including a couple of new sets of ideas:

Burlington Stores, Inc. BURL Weekly $141-144 Calls
General Motors Co. GM Weekly $40-42 Calls


Extended Watchlist:
AIPT, BCLI, NGL, NAK, TGA, SESN, VKTX

Blue Horseshoe Stocks: TNTR Recap & More

Tintri, Inc. TNTR

Our bottom call of TNTR yesterday morning to kick off the short week could not have been more perfectly timed. For more than two months the stock had been crushed down ever lower, reaching a new 52-week low once again on Friday.

We noted a significant swell in the amount of short interest in the stock, and now it appears as if the squeeze is on- the bottom bounce we said we’d be watching closely for happened right on cue and it was no small move. The stock saw its low at .36 and subsequently ran to .71, marking an intraday rip of 97%

We’re going to want to watch out for a more sustained recovery, and look to TNTR to establish higher lows over the coming sessions.


Dicks Sporting Goods, Inc. DKS

Dicks posted its quarterly report, and took off like a rocket in the premarket today, shooting up over 20% on a hefty earnings neat and raised guidance going forward.

We’re always in the mood to take advantage of a rapid spike in price action and volatility. We like to use options to leverage the activity to our benefit, and in this particular case, we are going to want to cast a wide net and keep a close eye on the DKS Weekly $35-40 Calls.
_____

Added Idea:
HP, Inc. HPQ Weekly $21-22 Calls


Extended Watchlist:
CODX, CRMD, NAK, CRM, OGEN, TXMD, UPL, BGI

Incoming search terms:

  • income7y7

Blue Horseshoe Stocks: SPY Recap & More

SPDR S&P 500 ETF (SPY) – Recap

Our primary focus in Friday morning’s premarket report was the SPY, for which we had signaled and tracked a range of calls the previous day. Our initial targets were the SPY Weekly $270-272 Calls. and Friday we expanded that range to include the SPY Weekly $272.50-274 Calls.

After another bullish session for the SPY on Friday, we’ve got updates to the highs and overall possible gains on our original contracts, as well as the maximum intraday profits that could have been seized with our rolled up strike prices. All in all, we ended up with two incredible sets of one and two-day runners without a single dud in the bunch!

$270 Calls – Range: .85-5.32 – Max Gain: 526%
$270.50 Calls – Range: .70-4.69 – Max Gain: 570%
$271 Calls – Range: .52-4.33 – Max Gain: 733%
$271.50 Calls – Range: .39-3.80 – Max Gain: 874%
$272 Calls – Range: .30-3.31 – Max Gain: 1003%

$272.50 Calls – Range: .60-2.84 – Max Gain: 373%
$273 Calls – Range: .55-2.36 – Max Gain: 329%
$273.50 Calls – Range: .43-1.89 – Max Gain: 339%
$274 Calls – Range: .17-1.42 – Max Gain: 735%


DropCar Inc. DCAR

Catching our eye as a potential bottom-bounceplay this morning is DCAR, which, prior to today, has already begun to come up off of recently registered lows on Friday. As you can see on the included chart, our favorite indicators are clearly pointing up, with a MACD cross underway and a rapidly strengthening RSI.

This morning, a new catalyst has entered into the mix, with the company reporting a new agreement with Jaguar/Land Rover Manhattan. The dealership will use DropCar’s Enterprise Vehicle Assistance & Logistics technology platform to automate the pickup and delivery of customer vehicles for service and maintenance.

Despite gapping up moderately in the premarket, is still a fair bit of unrealized upside potential, so we’ll add DCAR to our radars and keep a close watch over it in coming sessions.


Extended Watchlist:
RAD, DPW, NAK, HZM, HD, BPMX, NBL, PGTI, NXPI, CVRS(FDA Approval)

Blue Horseshoe Stocks: Huge VRX Calls, New Ideas & More

Valeant Pharmaceuticals, Inc. VRX

Our latest round of VRX Calls will almost certainly go down as one of our best three-day swings on any idea we’ve ever formulated. Beginning on Tuesday when we offered up the VRX Weekly $10.50-12 Calls as a target range. That day the stock traded as low as 10.57 before beginning this epic run that facilitated some truly impressive gains. VRX continued to bull its way to new highs yesterday, hitting 14.55, which in itself represents a 38% rise over Tuesday’s low.

Just like we did in yesterday’s premarket report, we’ve included the intraday moves, as well as our overall observed gains. 

$10.50 Calls – Daily Range: 1.95-3.89 – Daily Gain: 118% – Total Range: .40-3.89 – 3-Day Swing: 873%
$11 Calls – Daily Range: 1.46-3.50 – Daily Gain: 140% – Total Range: .18-3.50 – 3-Day Swing: 1844%
$11.50 Calls – Daily Range: 1.27-2.99 – Daily Gain: 135% – Total Range: .08-2.99 – 3-Day Swing: 3638%
$12 Calls – Daily Range: .51-2.51 – Daily Gain: 392% – Total Range: .02-2.51 – 3-Day Swing: 12450%

A hearty congratulations goes out to anyone who took advantage of one of our best ideas of the year so far!


Northern Dynasty Minerals Ltd. NAK

Following our alerts on the stock in March at which time we stated that we believed there was “serious upside potential” for NAK, the stock has proven our assumption to be accurate. It has lived up to that potential as well in recent week, and this morning we’re seeing the stock gapping up to new highs in the premarket today with shares changing hands for as much as 2.60.

From the 1.06 low we observed in March, that represents a roughly two-month upswing of 145%

Today’s heightened activity likely stems from the new announcement the company made via PR this morning. Its wholly-owned subsidiary, Alaska-based Pebble Limited Partnership, and the US Environmental Protection Agency have reached a settlement agreement with respect to the parties’ longstanding legal dispute.

Under the terms of the settlement agreement, EPA has agreed the Pebble Project can proceed into normal course permitting under the Clean Water Act and National Environmental Policy Act. (>View Full PR)



Snap, Inc. SNAP – Options Ideas

SNAP took a pounding yesterday after releasing earnings that many are referring to as a disaster, but is recovering in the premarket today. We want to try to signal a range of calls to coincide with what could be a significant course-correct.

We’re looking at the SNAP Weekly $18 Calls* for quick daytrading opportunities, as well as the SNAP 6/16 $18-19 Calls for a longer-term recovery idea.

Bonus Idea: AZN $32-33.50 Weekly Calls*

*Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.


Extended Watchlist:
ANY, TCCO, FNJN, CLSN, URRE, PBR,