Blue Horseshoe Stocks: UAA Update & More

Under Armour, Inc. UAA – Update

We mentioned the possibility of further gains for the calls we signaled in the Under Armour options chain on Tuesday, the UAA Weekly $15.50-16.50 Calls.

The markets pulled a head-fake, and ended up going green, which helped allow the stock to make to more than $18. That created huge opportunities in our highlighted plays, which went quickly from double-baggers on Tuesday, to a triple, a quad, and even an octuple-bagger!

$15.50 Calls – Range: .60-2.50 – Max Gain: 317%
$16 Calls – Range: .34-2.00 – Max Gain: 488%
$16.50 Calls – Range: .16-1.50 – Max Gain: 838%

______

Fresh Options Idea:
SPY Weekly $270-272 Calls



Payment Data Systems, Inc. PYDS

We are looking at PYDS as a bottom-bouncer with just the kind of chart setup we like. The stock spent nearly all of January and the beginning of February under heavy consolidation down to its lowest PPS since October. In the last couple of weeks it has shown signs of a solid turnaround.

As you can see below, the RSI is coming off of being oversold and presently cruising toward the 50-line,  the MACD is in the midst of a bullish cross, and yesterday saw the testing of the 200DMA. PYDS also has a recent history of rapid runs up the chart, also visible on the included snapshot, so we’ll be keeping a close eye on it in the coming days.


Extended Watchlist:
CSCO, MNOV, MBRX, TEVA, RIOT, HIIQ, SBCF, OMF

Blue Horseshoe Stocks: TWMJF Review & More

INSYS Therapeutics, Inc. INSY

We’ve had cause to mention our options idea for INSY every single trading day since we formulated them last Wednesday morning. The stock itself during that span has traded up from a low of 7.64, to yesterday’s impressive new high of 14.00. That’s a gain of 83% in and of itself, and it has really showed some fantastic moves in our options targets, the INSY 01/19 $8-10 Calls.

Despite already providing the chance at gains ranging from 150-350% leading into yesterday’s session, as we mentioned in our premarket report, we were still bullish on the ideas, and were rewarded once again. As INSY roared to its new high on the chart, the following new highs came to our tracked contracts as well. The ranges represent the overall move from our initial alert on Wednesday until the present.

$8 Calls – Range: .90-5.80– Max Gain: 544%
$9 Calls – Range: .60-5.10 – Max Gain: 750%
$10 Calls – Range: .70-4.10– Max Gain: 486%


More Pot Stock Updates

Yesterday morning, we commented on the rapidly intensifying cannabis sector rush, and provided updates on two stocks (ACBFF and TRTC) we highlighted in our “Cannabis Commentary” report on November 7th.

Today, we want to pull two more of the stocks from that report and give updates on the moves they’ve made since then, to illustrate the widespread run on the cannabis sector in general; something we’ve been foretelling for months now.

Aphria, Inc. APHQF – Range: (11/07-Present): 6.1434-17.50 – Max Gain: 185%

Canopy Growth Corp. TWMJF – Range (11/07-Present): 13.0464-28.884 – Max Gain: 121%

Added Note: Aurora also went on to set new highs yesterday, piling on even more to the nice gains we were mentioning in our premarket report:
 ACBFF -  Range: 2.7776-11.80 – Max Gain: 325%


Extended Watchlist:
FTFT, RACE, FRO, CHCI, CNET, OMF, WPCS, BURG