Tag: NHMD

Blue Horseshoe Stocks: Potential Bottom-Bounce Plays & More

Options Updates

Yesterday we brought a couple of fresh options ideas to the table, and in both cases, traders could have fared quite well in terms of single-session gains.

Sage Therapeutics, Inc. SAGE – Weekly $40 and $45 Calls

$40 Calls– Range: 5.40-7.80 – Max Gain: 44%
$45 Calls – Range: 1.81-4.96 – Max Gain: 174%

Shire plc SHPG – Weekly $187.50-195 Calls

$190 Calls – Range: 3.90-5.90 – Max Gain: 51%
$192.50 Calls – Range:  1.40-3.79 – Max Gain: 171%
$195 Calls – Range: 1.30-2.01 – Max Gain: 55%

Cheers go out to any of our readers who were able to take advantage of these solid intraday moves!

Potential Bottom-Bounce Plays

This morning we’ve taken notice of a couple of stocks that are trading near recent relative lows, which have also begun to show some life this week. 

The Female Health Co. FHCO – We like the look of the chart on this one, which is coming off a multiple bottom and just managed to crack through and hold support above its 50DMA. The next area of resistance appears to be the channel between its recent swing high at 1.45 and the 200DMA of 1.57.

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Nate’s Food Co. Inc. NHMD – This stock has appeared on our watchlist in the past, and today, we’re circling back around to it purely from the look of the chart. Several indicators are pointing toward the chance of some sizable upswings in sessions to come, so we’ll want to monitor the situation closely.

We’re going to want to see it get back above and hold the 200DMA at .0089 as support going forward.

Extended Watchlist:
NM, KBLB, AVSR, SBGL, NETE, BGI

Blue Horseshoe Stocks: Gold Watchlist, Options & More

Tesla Motors Corp. TSLA – Options Update

Our bearish sentiment on TSLA yesterday ended up working in our favor quite well, as the intraday volatility provided traders with not one but three chances to execute lucrative swing trades.  Our specified target range was the TSLA Weekly $200-195 Puts; those three opportunities on the day extended to all three sets of contracts, and were as follows:

$200 Puts – 4.45-8.45 (+55%), 4.15-7.50 (+81%), 4.36-6.35 (+46%)

$197.50 Puts – 4.06-6.35 (+56%), 2.83-5.39 (+90%), 2.83-4.51 (+59%)

$195 Puts – 2.44-5.13 (+110%),1.87-3.81 (+104%), 1.70-2.89 (+70%)

Amid the bombshell that Britain passed a referendum effecting its exit from the European Union (at least a two year process), world markets in general are all feeling the strain at present. TSLA has hit a low of $186 in the premarket, so our observed contracts all stand to produce further gains this morning.

To get ourselves a little closer to the heaviest action in the event of a continued backslide for TSLA, we may consider rolling down our strike range to include the $192.50 and $190 Puts as well.
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FRESH OPTIONS IDEAS:

As we’ve done many times before when attempting to use overall market conditions to our advantage, we’re going to be tracking some SPY Calls for potential daytrades. As long as the SPY can hold above $200, we could be in line to see some major volatility in the SPY Weekly $200-205 Calls. As always, we must issue a strong note of caution with regard to trading weekly contracts on a Friday. It should only ever be attempted by advanced-level traders!

We also want to submit another familiar face for a potential play with much less urgency. For a longer-term idea, we’ll be putting the PBR 07/15 $6.50 and $7 Calls on our radar.

Gold Watchlist:

We also want to provide our readers with a smattering of gold-related stocks to watch this morning. Currencies are taking a big hit, which usually means an influx of investor confidence in precious metals. As such, we will naturally look to plays like these for quick-hit opportunities:

LODE, PGLC, VGZ, XRA,TRX, GORO

Extended Watchlist:
PXYN, NHMD, DLCR, EMES, ENDV(Bottom bouncer)

Blue Horseshoe Stocks: Recap of NHMD & More

Nate’s Food Co. NHMD

First up today is a recap of NHMD, a stock that we’ve been continuously tracking since February, and one that has brought us multiple chances to profit. We revisited it in March after witnessing a consolidation to our observed low of .0012. It has since rocketed to new highs, breaking through its 200DMA and running to .014 yesterday. That marked an impressive run of 1066% over a span of less than two months!

We’ll be anxious to observe to followup activity to that huge spike. Ideally, we’ll see NHMD hold support at or above its 200DMA of .0115 on any pullbacks.

Cliffs Natural Resources, Inc. CLF

CLF was included in yesterday’s report after noticing a number of bullish indicators forming on the chart. It’s going to remain on our radar after the stock responded with a subdued but respectable performance on the day, as well as gapping up further in the premarket today.

So far we’ve only seen a 12% rise from this play, but will still be observing closely moving forward as it just cracked the 50DMA in a bullish manner, in addition to recently receiving an analyst upgrade as well as exhibiting significantly heightened volume.

New York & Company, Inc. NWY – Update

We wanted to take a minute this morning to update our readers on a recent bottom-watch call we made, and reiterate our interest in tracking its activity over an extended term.

We called attention to NWY in our premarket report from a week ago today, and while it has yet to really blast off, our timing in pointing out the bottom was about as good as it could have been. It has managed to establish higher lows in each of the four sessions since then, despite only seeing a marginal trading range of 11%

The stock remains heavily oversold, and as such will continue to have a slot of our watchlist moving forward on the chance that a more significant rebound is in the cards.

Extended Watchlist:
BOSC, IMNP, OPGN, APHD, PACD, VMEM