Blue Horseshoe Stocks: AMRS, TTOO Recaps & More

 Cracker Barrel Old Country Store, Inc. CBRL

We were looking at a favorable setup on the CBRL chart along with a premarket earning beat in yesterday morning’s report, and we floated a couple of options ideas that worked out pretty well early on in the session.

We had the CBRL Weekly $150 & 151.50 Calls as well as the 10/20 $155 Calls on watch, and both our short -term and longer-term ideas provided excellent chances for multi-bag gains on the day.

The Weekly $150′s traded in a range from 1.01-4.00 (+296%), while the
$151.50′s ran from 1.10-2.79, gaining 154% intraday. Even the longer-term idea, the 10/20 $155′s more than doubled on the day, running 175% from 1.09-3.00.


Amyris, Inc. AMRS

We wanted to circle back for AMRS today to recap the past month of its performance on the chart. We put this play on bottom-watch on the morning of  August 15th, and as it turns out, our timing was pretty good. It was just a couple of sessions later when we observed a low of 1.86  in the stock, and it’s been mostly bullish moves since then.

Yesterday, AMRS hit a new high of 3.84, marking an overall increase of 106% in matter of just one month’s time. If the stock can manage to break its previous resistance around the 4.30 area, things could get really interesting.

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Added Note:

T2 Biosystems, Inc. TTOO - In that same report from August 15th we were discussing the run we had seen from TTOO from 2.53 to its highs at the time just over $4. It too hit an impressive new high yesterday, at 6.99. That works out to a one month increase of 176%


Extended Watchlist:
ICNB, ONCI, TOPS, ALV, ALDX, IMUC,

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Blue Horseshoe Stocks: New Options Idea & More

Acacia Research Corp. ACTG

Pretty much the entirety of 2017 has been some tough sledding for ACTG, which was in an overall downtrend since last winter when it was trading at more than twice its current value.

That all seemed to change around midway through last month, as the stock has managed to establish a good rebound effort for several sessions. In the premarket the stock has broken previous resistance which coincided with the 50DMA (3.63) and could make a move to fill that gao we’ve pointed out on the chart below.

We’ll put the stock on watch in the days and weeks ahead as we kick off this holiday-shortened trading week.


Insmed, Inc. INSM

After posting key data reflecting positive top-line results in its Phase III lung disease treatment study, INSM has exploded into the blue sky this morning. The stock has rapidly gained more than twice its value in premarket trading, and whenever we come across a situation like this, we begin to look for the options contracts that could give us the best opportunity for rapid gains.

We think that the INSM 09/15 $27-30 Calls could stand to see some nice activity if the stock continues the blue-sky breakout we’ve witnessed so far.


Extended Watchlist:
ONCI, VDRM, MYDX, BSTG, PTN, BSRX, BLPH

Blue Horseshoe Stocks: MXSG Review & More

Mexus Gold US (MXSG)

Our first order of business this morning is to give a rundown of the recent performance of MXSG, which has made one heck of a run in the time we’ve been tracking it.

We initially placed this gold play on watch last February 5th when it was trading at .0016 , and the stock, quite incredibly has put together a roughly 10-month uptrend.

Some of the biggest strides have come recently, despite gold prices cratering to their lowest values in that same 10 month period of late. That didn’t stop MXSG from running to a new high of .235 yesterday, which marks a mind-numbing 14,587% increase over the low we observed on the very first time we mentioned the stock in February.

That definitely makes MXSG one of our biggest success stories of 2016, and that includes options trading! Congratulations to anyone who has taken part in such an incredible ride!


IFAN Financial, Inc. IFAN

IFAN is another play we’ve been tracking that has also made big moves for us. When we first brought it to the table on October 24th, it broke out for excellent gains on the order of nearly 400% as it ran from .0031-.0154.

Yesterday, the stock went for a double-bagger, trading in a daily range from .0016-.0033 (+106%). It will interesting to see if it can carry some of its generated momentum of the past couple of sessions into further price surges. Another run at the penny mark from this point would factor in potential gains of up to 200%


GoDaddy, Inc. GDDY

GoDaddy is moving in the wake of news that the company would be attempting to boost its web hosting business with the acquisition of Host Europe in a $1.82B deal (>>View PR).

While the stock is at a good place on the chart, and receiving some attention, we’re going to radar some options to monitor over the next several weeks, in the GDDY 01/20 $35-36 Calls.


Extended Watchlist:
CTIC, HTBX, RCON, TXMD, ONCI,

Blue Horseshoe Stocks: BOTY Recap & More

Lingerie Fighting Championships, Inc. BOTY

We placed BOTY on watch on Friday after noticing that the stock had begun to launch off of its bottom, posting unusual activity the session prior. It was a good thing that we tagged it when we did, because Friday brought an even more considerable surge to the updside.

BOTY traded in a range from a low of .0056, cracking through the penny barrier, and reaching as high as .015. That was good for intraday gains of up to 168% and the excellent move came on volume of nearly six times the monthly average.

As the company name suggests, BOTY’s business is an actual women’s MMA league where the combatants wear lingerie instead of athletic wear. Being something so unique and potentially lucrative, it adds to our interest in continuing to track this play.


Solaris Power Cells, Inc. SPCL

SPCL is another one we want to provide an update on this morning. We initially witnessed a fantastic run from .0075 to .02 on this play when we called it back on 11/18, and after a period of consolidation in the following weeks, we observed the beginning of the stock’s next leg up on Friday.

SPCL traded in a daily range from a new low of .0041 and promptly returned to .02. That’s a big-time swing of 387%


Bridgegate Pictures Corp. BBGP

The run that BBGP made between the months of August and November this year was excellent, moving from the .20-range to more than 2.70. A recent dramatic selloff slapped the stock back down to the .20-level and just below, before the current bottom-bounce commenced.

We’re interested in tracking BBGP from this juncture in the event that the momentum we’re seeing gathered off of those lows should continue into this new trading week.


Insulet Corp. PODD – Options Idea

We’ve formulated an options trading idea for PODD, after noticing a few things about the stock. First, it’s in a good place on the chart, having exhibited the beginning sign of a bottom-bounce on Friday, reversing a downtrend that had persisted for over a week.

Next, we caught a Form-4 submission showing a significant buy by the CEO, in the amount of roughly $1.3M at the stock’s lows. Whenever we see directors of a company adding shares at relative lows, it piques our interest.

Accordingly, we are going to radar a set of contracts to watch in sessions to come, namely the PODD 01/20 $35 Calls.


Extended Watchlist:
IFAN, BPMX, CLF, MXSG, ONCI, PFTI

Blue Horseshoe Stocks: Options Updates & More

Shire plc SHPG – Options Update

The idea that we formulated earlier in the week with regard to the SHPG options chain has already provided us with gain opportunities, but the gap up we’re seeing this morning could really make things interesting. Just to refresh your memory, our target range was the SHPG Weekly $175-180 Calls.

With the stock gapping up big-time, having already hit a high of 185.00 in the premarket, anyone who entered one or more of these contracts prior to this morning will be in line to reap some serious profits right out of the gate.

Our observed lows for each set of contracts was as follows: $175 – 2.60, $177.50 – 3.00, $180 – 1.65. With every one currently being pushed deep into the money, it will be interesting to see the subsequent highs that are recorded today.

We feel it’s generally a good idea to lock in profits on a gap-up, just in case the stock retraces and fills the gap.

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FRESH OPTIONS IDEA:

Tesla Motors Corp. TSLA – Tesla took a gut-punch yesterday as Tuesday’s post-market announcement of its offer to purchase SolarCity met mixed reviews, and appears to be setting up for further backsliding.

Should this bearish trend persist into today’s trading session, we’ll be very interested in tracking the activity of
the TSLA Weekly $200-195 Puts.


BioScrip, Inc. BIOS

We also want to provide a brief update on BIOS, a stock we alerted on Friday just in the nick of time to catch a nice uptrend. From a low of 2.23 that day, the stock has recorded higher highs and higher lows every session since, culminating in a new high of 2.87 yesterday. That works out to a respectable four-session boost of 29%

We still like the look of the BIOS chart, which is showing hints of potential for further moves to the upside. Key resistance is sitting at the previous swing high of 3.10, so we’ll be on the lookout for a breach of that level,.


Extended Watchlist:
CTIC. XIV, BKS, PBR, ONCI, ZONX, RXDX(Potential bottom-play)