Blue Horseshoe Stocks: PEP Recap & More

PepsiCo, Inc. PEP – Options Recap

Yesterday morning Pepsi’s earnings provided us with one of the pair of options ideas included in our report. We were focused on the PepsiCo, Inc. PEP Weekly $109-112 Calls and are pleased to report that we found success with those immediately.

The single-session gain opportunities available to anyone who partook were substantial to say the least, continuing an impressive pattern of huge options winners we’ve uncovered over the last several sessions.

$109 Calls – Range: 1.23-4.00 – Max Gain: 225%
$110 Calls – Range: .70-3.05 – Max Gain: 336%
$111 Calls – Range: .38-2.05 – Max Gain: 439%
$112 Calls – Range: .19-1.30 – Max Gain: 589%


Tesla, Inc. TSLA

On Friday we began tracking some TSLA Calls, and we did remind our readers of these contracts yesterday, cautioning that it appeared as if the stock was ready to facilitate some good moves in our targets.

The TSLA 08/02 $300-315 Calls were those targets, and our hunch proved correct. While we swept the range, finding gains in all seven sets of contracts, in the interest of time, we’ll simply provide the moves from the bottom and the top of the range. Just keep in mind that the sets in between also enjoyed commensurate moves to the upside.

The $300 Calls ran from a low of 22.54 to a high of 35.81 for a gain of 59% while the $315′s ran from 16.70 to 26.01; an increase of 56%
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Fresh Idea:
Fastenal Co. FAST Weekly $50-55 Calls


Extended Watchlist:
TANH, TVIX, UAVS, OCX, MNGA, NVIV

Blue Horseshoe Stocks: Fresh Options Ideas

Fresh Options Ideas

We’re going to start off the new trading week by identifying a couple of options ideas we’re seeing based on the chart setups of Under Armour Inc. (UAA) and CSX Corp (CSX).

In both cases, the stocks have been on a bit of a backslide, but went on to record bullish sessions on Friday. We’re going to look for confirmed reversals on both of these, and be ready with some options ideas if they can establish more sustained rebounds. On each chart, there are gaps to the upside, which is another thing we look for.

For Under Armour, which is giving off a strong multiple-bottom signal, we’re going to track the UAA 09/01 $17-19 Calls, and for CSX Railroads, we’ll want to look after the CSX 09/01 $51-53 Calls.


ImmunoGen Inc. IMGN

We also want to keep IMGN on our radars as we kick things off this week. We signaled it in Friday’s premarket report and it had a modest yet solid session on the heels of an earnings beat. We saw a low of 6.29, and this morning in early trading the stock has reached a high of 7.41.  While that’s only an 18% rise at the moment, we’ll want to keep an eye peeled for another bullish session.


Extended Watchlist:
ACRX, CDRBQ, DVAX, NVIV, MYO, XXII, NXTD, CYTR,MNGG

Blue Horseshoe Stocks: Double-Bottom Watchlist & More

Double-Bottom Watchlist

We like to look for potential rebound plays in stocks that are displaying a double bottom formation on the chart, and we’ve got three such candidate to add to a recovery watchlist this morning.

InVivo Therapeutics Holding Corp. NVIV, Stein Mart,Inc. SMRT, and Sportsman’s Warehouse Holdings, Inc. SPWH have all begun to trend off of a level of support that has been established on one or more previous occasions. We’ll want to monitor this trio in the days and weeks ahead for possible sustained recoveries.




StarBucks Corp. SBUX – Options Idea

Shares of SBUX really came crashing down this morning, all the way to the $55-level, the lowest PPS since March. We’ll be looking to take advantage of a possible forthcoming rebound when the smoke clears.

SBUX has demonstrated solid support in the $54-area earlier this year, so we’ll look for it to hold there or above on this plummet that comes even as analysts are reporting a good outlook.

Once a rebound begins to materialize, we could see some noteworthy activity in the SBUX 08/18 $54-55 Calls.


Extended Watchlist:
UHLN, BVTK, CLDX, OTTV, JAGX, KOOL, IMGN,

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Blue Horseshoe Stocks: DXTR, Options Recaps & More

Dextera Surgical, Inc. DXTR

Among our extended watchlist plays slated for observation in yesterday’s premarket report, was DXTR, a stock that we intially tagged on June 1st, and in which we witnessed a subsequent low of .1745. We included a second reminder on June 12th, and of course once again yesterday morning.

Yesterday the stock put up a fine intraday performance en route to setting new highs for us. From its daily low of .275, it ran as high as .3855, which comes out to a 40% jump. From our original low earlier this month, DXTR has risen 121% Volume over the past week has picked up considerably, and yesterday the stock traded more than five times its monthly average volume.

It also held more than half of its daily gains on that volume. In such instances, we always lookout for a continuation of momentum into the ensuing session.


Darden Restaurants, Inc. DRI – Options Idea

In the wake of a hearty earnings beat on DRI, whose chains include Olive Garden, Red Lobster and LongHorn Steakhouse among others, we focused on some options ideas, the DRI 07/21 $90-97.50 Calls.

While the moves weren’t quite on the level of many of our options calls, which often yield percentage gains in the hundreds and thousands, there’s still plenty of time before expiration and all the contracts in our observed range got off to a solid start.

$90 Calls – Range: 3.40-5.70 – Max Gain: 68%
$92.50 Calls – Range: 1.94-3.50 – Max Gain: 80%
$95 Calls – Range: 1.02-1.95 – Max Gain: 91%
$97.50 Calls – Range: .52-.94 – Max Gain: 81%

As we pointed out, these contracts don’t expire for a few weeks, so we’ll continue to keep an eye out for further activity in DRI.

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Fresh Options Idea: Chicago Bridge & Iron Co. CBI Weekly $20-22 Calls


Sophiris Bio, Inc. SPHS – Update

We want to keep SPHS on watch as well. We tagged this as a bottom play on Monday, and it has since made a modest move from a low of 2.07 to 2.41. While it just works out to a nominal gain of 16% so far, we’ll remain interested for as long as it maintains its new trend of recording higher highs and higher lows as it has each day this week.


Extended Watchlist:
ALQA, IDXG, ITKG, ANY, NVIV, HUSA

Blue Horseshoe Stocks: MARA, AVEO Recaps & More

Marathon Patent Group, Inc. MARA

Our initial alert on MARA came on Thursday morning along with a low of .22, as we were just mentioning in yesterday’s premarket report. We had already seen a 100% move on Friday leading into yesterday’s session. We mentioned that MARA could see the .50 range or better yesterday before the session kicked off, and it’s as if we had a crystal ball.

MARA ran from .3718 – .5515 on the day, a 48% push, extending our total observed range on the stock from last Thursday until now, to an impressive 151%


AVEO Pharmaceuticals, Inc. AVEO

After signaling AVEO on Friday morning and watching it set a new 52-week high on the day on enormous volume, we doubled down in yesterday’s report, stating that we wanted to continue to track its progress for continued upward activity, and it was good thing we did.

AVEO wasnt finished, and yesterday’s session was the strongest performance we’ve seen yet. The stock ran fom 1.33 to 2.11 for a 58% intraday rip, and a total two-session swing over our observed low on Friday (1.05) of 100%


Rennova Health, Inc. (Warrants) RNVAZ

We tagged RNVAZ in yesterday’s premarket watchlist, and it turned out to be a great play for the day. It traded up from a low of .05 to as much as .1446 inside of the first 40 minutes of the session.

That worked out to an intraday pop of 189% and it happened on a daily volume of more than 21X the monthly average.


Darden Restaurants, Inc. DRI – Options Idea

DRI (owner of Olive Garden) posted boosted sales and outlook in an impressive earnings beat, and we want to signal a range of options to coincide with what could be a surge of bullish activity. We’ll be focusing our attention on the DRI 07/21 $90-97.50 Calls for potential swing trades.


Vivint Solar, Inc. VSLR

We tagged VSLR back on May 18th at a low of 2.75. On Friday, we were just mentioning how the stock had continued to bull its way up the chart, and we’ve yet to see a down day in nearly twenty trading sessions.

Yesterday VSLR hit a new high of 5.85 marking a total swing of 113% over our witnessed low, and closed at that mark as well. At some point very soon the growth will become unsustainable, granted how overbought the stock is at the moment, but for what it’s worth, to this point, VSLR has been one of the most steady risers we’ve seen in recent weeks.


Extended Watchlist:
ABIL, DXTR, NVIV, SYN, IGC, PTN