PAL | Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options Recap, Cyber-Security Watchlist & More

Recapping Friday’s Options Ideas

Nike, Inc. NKE – On Friday morning, NKE was in the midst of gapping up on the heels of its earnings call, and we came up with daytrading ideas for the $100-104 Weekly Calls. There turned out to be great opportunity in that range as NKE surged to a daily high of 103.79:

$100 Calls – Range:1.38-3.75 – Max Gain: 172%
$101 Calls – Range: .70-2.80 – Max Gain: 300%
$102 Calls – Range: .18-1.75 – Max Gain: 872%
$103 Calls – Range: .10-.85 – Max Gain: 750%

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Prothena Corp plc PRTA was the other options target we were monitoring on Friday for swing trades. Specifically, we were looking at the $40 and $45 Calls, and both sets of contracts made big initial moves, followed by pullbacks and additional swings later in the session.

The $35 Calls first shot out of the gate trading at a low of 5.32 and running as high as 9.50 for an initial pop of 78%, before tapering back to 2.40 then recovering to 3.92, for an added 63% move.

The $40’s would open with a 116% spike from 3.00-6.50, followed by a later swing from 2.45-2.90, an extra 18% swing.

Cyber-Security Watchlist

We want to re-radar a couple of cyber security firms that we’ve mentioned in the past, as they have both been on a bit of a downtrend, yet appear to be gapping up this morning.

CyberArk Software Ltd. CYBR & FireEye, Inc. FEYE are going to go back on our active watchlist as we kick off a new trading week. Once we’re able to confirm reversals for each of these plays, we can then begin to formulate options strategies accordingly. Stay tuned to our reports this week, and we’ll be sure to have some ideas to pass along.

Extended Watchlist:
IMGN, FRSH, MCP, CAPN, PAL, CANF, AMBS(On Bottom-Watch)

Blue Horseshoe Stocks: Options Ideas, Bottom-Bouncer & More

New Options Ideas

The Priceline Group, Inc. PCLN– It was just last week that we successfully targeted PCLN Calls in the $1065-1085 area, and already the stock has hurtled its way to its highest PPS levels since September. In this morning’s premarket the stock has traded as high $1225.75.

For a possible day-trade opportunities this week, we’re going to keep an eye on Weekly PCLN Calls in the $1180-1225 range, provided the stock can maintain support at or above $1175 on any pullbacks.

Tetraphase Pharmaceuticals, Inc. TTPH – TTPH is another morning gapper that we’re going to be transfixed upon this morning. In the midst of a ‘Superbug’ outbreak in California which is one of today’s top-reported headlines, TTPH, which is developing an antibiotic to combat these types of drug-resistant pathogens has become the subject of potential buyout rumors.

We’re going to monitor the TTPH $40 Calls for another possible short-term target as we head into the end of this holiday-shortened trading week.

Longer-term Ideas

In addition to the preceding short-term plays, we also have a couple of ideas for longer-term opportunities with GoPro, Inc. GPRO and Garmin, GRMN. Both stocks have seen significant pullbacks this week, and are showing symptoms of a possible rebound in the premarket with slight gap-ups.

We will want to radar March 20th GPRO $47 and $48 Calls (Closed at 2.50 and 2.08, respectively).

For GRMN we’ll be monitoring the March 20th $52.50 and $55 Calls (Closed at .76 and .30, respectively).

Atheranova, Inc. AHRO

We also want to tag AHRO this morning as a potential bottom-bouncer. The stock recently fell off of a cliff, and yesterday began to rebound off its newly-established 52-week lows.

We always keep our eyes peeled for stocks in this position, as we have used them to our advantage time and time again.

Angie’s List, Inc. ANGI

ANGI was a point of focus on yesterday’s extended watchlist, as well as a topic of discussion in our trading chatroom*. The stock made a big move from 6.45-7.80, a 21% intraday spike.

The accompanying options idea we floated in our chatroom* yesterday were the March $7.50 Calls,. which made a significant move from .25-.85, and will continue to garner our attention moving forward.

*Any readers who’d like to get involved in our trading chats in the future can do so easily! For either the Premium or the free chats, simply add “stocksumo” as a contact on Skype and request access!

Extended Watchlist:
ACHN, ARIA, ASTI, EXEL, CLRX, PAL

Blue Horseshoe Stocks: Winning Options Trades & More

GW Pharmaceuticals, Inc GWPH

We brought GWPH back for an update just in the nick of time yesterday, as the stock would go on to have a great session, running slightly over 12% from 81.12 to 91.10, which allowed the Options Calls we were tracking to make some incredible moves. If you refer to yesterday’s report, you can see that we radared the $80-85 Calls, and anyone who followed us into the fray was handsomely rewarded!

The $80 Calls bulled their way from the open at 2.80 and would trade as high as 10.90 before the day was done. That’s a walloping 289% rip. The $85 Calls did even better, making a monstrous 1757% move from the opening price of .35 to a high of 6.50! That’s quite good enough to mark GWPH Calls down as one of this month’s most spot-on picks.

3D Systems Corp. DDD

DDD exploded off of yesterday morning’s Extended Watchlist, wherein we tagged the $52-53 Calls. The stock subsequently traded in a range from 51.65 – 54.58 (+5.6%) which opened up the door on another set of winning options plays.

The $52 Calls opened at .78, and would run as high as 2.70, a 246% intraday run, and the $53’s traded from .41-1.92, giving traders the chance for up to 368% in profit.

Both this and the previously mentioned play are excellent examples of why we’ve branched out from just tracking the stocks themselves, to mentioning so many Options opportunities. The gains are often very impressive, and have become a staple in our day-to-day trading activities.

Solar Wind Energy tower, Inc. SWET

After tracking SWET over the previous few sessions to gains amounting more than 20% we continued to like the look of the chart yesterday morning, putting it in our daily report. The stock pushed its upper boundary once again, this time hitting a high of .027.

It was good for an intraday gain of 23% from the morning low at .022, and represents an overall increase from the bottom we caught on Friday (.0185) of 46%

Congrats to anyone who has been able to take advantage of our timely alerts on this play!

Extended Watchlist:
ETRM, MEET, LIVE, AUMN, PAL, ZLCS,