Blue Horseshoe Stocks: BVTK Pops Again & More

Bravatek Solutions, Inc. BVTK

BVTK was among our mentions in Wednesday’s premarket report after it was unearthed in our chatroom* the previous morning before making a 500% move.  Those who missed that run got another chance right away as the stock ran from .0009-.0035 that afternoon, and topped out at .0041 to close out the short week on Friday. That added another two-day swing of 355% to the activity we had observed in BVTK, which was followed by a pullback to .0015.

Once again, to kick off the new trading week yesterday, BVTK began to run, returning to a high of .0034 on the day, representing yet another two-day upswing out of this volatile runner amounting to 127%  The stock ended the session having traded roughly three-and-a-half times its monthly average volume. Things could get very interesting if it can manage to crack resistance at the previous swing high of .0041.

The company filed an 8-K this morning as well , pertaining to an agreement with i3 Integrative Creative Solutions, pursuant to which i3 Integrative will promote and solicit commitments in the United States federal government military and civilian markets regarding the Company’s cybersecurity email software and telecom services. (>>View Filing)

*We encourage all of our readers to join in on our daily in-session live chats. To participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.



Bank of America Corp BAC – Options Ideas 

Whenever we spot an opportunity to swoop in post-earnings with some options ideas, we jump on it right away, and that’s what we have with BAC this morning.

We haven’t highlighted this stock in quite awhile,but with a very solid beat on earnings and a small gap-up in the premarket, we’re going to want to signal a couple of short term contracts for observation in the BAC Weekly $22.50 and $23 Calls.

In the event that a more sustained rebound is in the cards, considering the fact that BAC was already coming off of a relative bottom just yesterday, we’ll have the BAC 05/12 $23.50 & $24 Calls on watch as well.



Bottom-Watchlist

We want to put an observational tag on both Sorrento Therapeutics, Inc. SRNE and OncoMed Pharmaceuticals, Inc. OMED.  Both of these stocks have taken serious beatings of late, and consequently, are in extreme oversold territory. Chances for recovery plays here seem quite high, so we’re going to watch for these to establish higher lows in sessions ahead.


Extended Watchlist:
JAMN, MYDX, CAB, SSYS, BIOC, NFLX

Blue Horseshoe Stocks: Fresh Options Ideas, LEXG & More

Lithium Exploration Group, Inc. LEXG

We’ve been tracking the activity in LEXG for quite a time, and the volatility and price action in this play has provided for us on more than one occasion.

Yesterday was yet another of those occasions, with the stock putting in a solid performance. LEXG traded in a range from .0036-.0045, an intraday move of 25% which came on a little over thrice the monthly average volume.

The moves we’ve seen since putting LEXG on watch in December have been significantly more impressive as well. We saw a low of .0013 around the holidays, putting our overall observed increase in just over three weeks at 246%


Options Ideas

We’ve been so wrapped up in tracking various stocks over the first couple weeks of 2017, that the following will be our first options ideas of the year!

Netflix, Inc. NFLX -  NFLX has been generally trending upward for around two months, hitting new all-time highs this week. Yesterday’s earnings and updates, including the fact that the streaming giant had added a record 7 million new subscribers over the last quarter.

We want to potentially take advantage of a continued run, even if its preceded by a dip-and-rip pattern. As long as it holds support above the $139 mark, we’re going to interested in tracking the NFLX Weekly  $139-143 Calls.

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Tesla Motors, Inc. TSLA – TSLA is another big board stock that has been on a bullish tear of late. The stock has been stacking gains on top of gains over the past 6 weeks.

This morning, it received an upgrade from Morgan Stanley, and we’ll hope to use that added attention to see some more good moves in the stock. Accordingly, we’ll have the TSLA Weekly $240-245 Calls on watch today and tomorrow.


Extended Watchlist
VPRM, CNBX, PPCH, MLCG, XTRN, ANY

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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

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Blue Horseshoe Stocks: NFLX, BANC Updates & More

Netflix, Inc. NFLX – Update

Our NFLX options ideas from Tuesday morning continued to provide us with excellent intraday gains to take advantage of yesterday, despite already logging moves ranging between 54-98%.  Our target range, the NFLX Weekly $117-120 Calls, once again put up fantastic performances, regardless of which strike point was chosen.

Here are the total possible gains for yesterday’s session:

$117 Calls – Range: 2.19-5.59 – Max Gain: 155%
$118 Calls – Range: 1.43-4.70 – Max Gain: 229%
$119 Calls – Range: 1.03-3.87 – Max Gain: 276%
$120 Calls – Range: 1.07-3.09 – Max Gain: 189%

We’ve had a nice two-day run with these contracts and are ready to move on to the next idea, unless we see a dip-and-rip setup on the chart, in which case they would come back into play.
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Banc of California  BANC - Update

Our other options idea from yesterday also worked out in spades. We noticed that the stock had been absolutely abused on immaterial news the session prior, and took the chance to pounce with  a signal on the stock for a possible bottom play, and both short and mid-term options ideas.

Those were the BANC Weekly $12.50 and $15 Calls and the BANC 11/18 $17.50 and $20 Calls, and with the exception of the $20′s which are still too far out of the money to have seen any appreciable upswing, they all did rather well.

Weekly $12.50 Calls - Range: .55-1.40 – Max Gain: 155%
Weekly $15 Calls - Range: .05-.25 – Max Gain: 400%
11/18 $17.50 Calls – Range: .15-.35 – Max Gain: 133%

With the stock appearing to gear up for another solid session, those 11/18 $20 Calls could join the rest of the group in making moves for us in upcoming sessions, so we’ll continue to keep a close watch.
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Fresh Idea – American Express Co. AXP

We’ve got another post-earnings options idea to add into the mix this morning as well with American Express, which beat expectations and raised guidance on profits for the remainder of 2016. Accordingly, we’re going to want to track AXP Weekly $64-65.50 Calls.


Cannabis Stock Updates

Cannabis Science, Inc. CBIS – CBIS continued to push to new highs after our flag of the stock on Tuesday. After running 44% that day from .034 to .0489, we saw another solid round of gains yesterday. The stock traded in a range from .049 to .077, for a 57% intraday run and an overall increase of 126% over Tuesday’s low.

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IMD Companies, Inc. ICBU – Also among the marijuana stocks that we’ve slated for observation was this one that was new to our reports yesterday, and put up a pretty good move for our first day of observance.

ICBU traded up from a morning low of .0039 and surged to .0056, for an intraday pop of 44%


Plandai Biotechnology, Inc. PLPL

Being added to the watchlist this morning is PLPL, as a momentum play. The stock has been on the move over the past couple of sessions, having cracked through key resistance points on heavy volume. If it can breach the 200DMA of .045, things could get even more interesting from here.

We’ll remain interested in this play provided it can hold support at or above .03 on any pullbacks.
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Extended Watchlist:
AXPW, PNTV, MYEC, ENDO, DAN

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