PHOT Archives - Blue Horseshoe Stocks

Yesterday’s Options Movers, Fresh Plays & More

Yesterday’s Options Results:

Our perfect streak had to come to an end sooner or later, with one of our ideas from yesterday’s premarket report failing to produce instant opportunities. We didn’t see an immediate push from the August YETI Calls we signaled, but there is, of course, plenty of time before expiration for us to get the activity we’re looking for from them.

In the meantime, our other three selections proved to be solid ideas for the day, and three out of four is nothing to sneeze at! Those plays that yielded gratification were the WBA Weekly $38.50-39.50 Calls, the DCT 07/15 $17.50-15 Puts and the SGH 07/15 $17.50 Calls, and here were the total possible profits which could have been reaped from those targets:

WBA Weekly $38.50-39.50 Calls
$38.50: .52-1.13 (+117%)
$39: .45-.84 (+87%)
$39.50: .35-.59 (+69%)
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DCT 07/15 $17.50-15 Puts
$17.50: 2.45-4.00 (+63%)
$15: .70-2.25 (+221%)
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SGH 07/15 $17.50 Calls
$17.50: .15-.55 (+267%)

Fresh Options Idea
MU Weekly $53.50-52 Puts
NFLX 07/22 $185-190 Calls

haring Economy International Inc. SEII – OTC Recap:

Yesterday morning we noticed that SEII had been pressing upward on a considerable run, and included it in our extended watchlist. The stock continued its impressive push, trading in a range from .106 up to .142. The momentum built up in this stock is considerable, and we’ll certainly be watching for a continuation of same in the sessions to come on the other side of the long weekend.

Extended Watchlist:
VRME, ALNA, AKBA, QNRX, FSRD, MOHO, LCLP, HEMP, GCLT, WNFT, PHOT, WHEN, ETEK, BIEI

Another Green Rush for Marijuana Stocks?

Big Time Options Success Persists

The title of our report that we sent out on Friday morning was “Another Dream Week of Options Trading”, wherein we patted ourselves on the back for connecting on some serious options gainers every day of the week.

We would continue that trend with Friday’s fresh options ideas, offering up four separate ideas and hitting big on each and every one of them. Take a look at the incredible single session gains that were available to ourselves and anyone who caught our premarket report. Out of all four of our highlighted target ranges, multibag gains were there for the taking regardless of the chosen strike price.

SQ Weekly $177.50-185 Calls
$177.50: 6.07-23.60 (+289%)
$180: 4.08-20.77 (+409%)
$182.50: 2.53-17.94 (+609%)
$185: 1.59-16.05 (+909%)
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CVS Weekly $62-63 Calls
$62: .98-5.30 (+441%)
$62.50: .77-4.70 (+510%)
$63: .55-4.30 (+681%)
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Two of our options plays from Friday were high profile marijuana-related stocks, a sector that we have a high interest in, and in addition to logging massive gains on the options front, the stocks themselves also outperformed many others on on the day and into the premarket this morning. TLRY has run from 8.45-14.36 while CGC increased from 21.90 to 27.25. Those moves made the following gains possible for our designated options targets:

CGC Weekly $21-21.50 Calls
$21: .92-4.00 (+335%)
$21.50: .70-3.40 (+386%)
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TLRY Weekly $7.50-8.50 Calls
$7.50: 1.00-4.43 (+343%)
$8: .44-4.00 (+809%)
$8.50: .31-3.50 (+1029%)

It appears we are witnessing a revitalization of the cannabis sector, which we have long been touting as a favorite market space of ours. Since the first Green Rush in 2012, we have been extremely interested in the marijuana industry and we could be on the verge of another big green wave of success! For that reason, we will dedicate our entire extended watchlist to cannabis plays today.

Fresh Options Ideas:
MCD Weekly $225-230 Calls
PLUG Weekly $18.50-20 Calls

Cannabis Watchlist:
ACB, APAH, SNDL, MJNA, PHOT, TRTC, ERBB, GRNH, CBDS, CNBX, NIUGS, MSRT, HEMP, WDRP

Market Volatility Spikes, Creating Opportunity

Inovio Pharmaceuticals INO

It appears the markets are once again getting absolutely hammered this morning, and we are back to focusing on those plays which have been enjoying success amid the coronavirus outbreak. INO is chief among them, largely due to the fact that the company plans to begin human testing of a coronavirus vaccine starting next month.

We tagged this stock for observation back on February 27th, and it has continued to set new highs for us all along the way. From our low of 3.83 INO has now reached 16.00, which works out to total increase of 318%

SPDR S&P500 (ETF) SPY – Recap

We also put forth some SPY Calls in Friday morning’s report, the SPY Weekly $294-295.50 Calls and those produced massive gains in a late day surge, ranging from 900-1100% The market volatility that scares most people, gives short term opportunistic traders like ourselves dollar signs in our eyes, and we’ve been coming up big throughout this very tenuous situation. .

Weekly $294-295.50 Calls
$294: .46-4.70 (+921%)
$295: .30-3.70 (+1133%)
$295.50: .24-3.05 (+1171%)

OTC Watchlist

When big boards get crushed, the OTC becomes something of a haven for traders who are looking for some action during this tumultuous time Here we have a watchlist of some of the ones we’ve been tracking, as well as some new targets to watch.

AGTK, FZRO, IPIX, GRPS, RAFA, NVNT, NUGL, PHOT

Blue Horseshoe Stocks: GIGL Review, Other Updates

Giggles N’ Hugs, Inc. GIGL

We’ve been hot on GIGL’s trail since tagging it in Friday’s premarket report, after catching it come off of a bottom. As of the end of that session, we’d witnessed a move of more than 350% from our observed low of .0053, to a high of .024, which occurred on record volume.

Yesterday we reminded our members to continue to keep tabs on the stock, and heeding that suggestion would have extended gain opportunities significantly with the daily performance that followed. GIGL managed to achieve a new high, trading up 140% intraday from .02 to .048. That new high mark represented a two-session swing of 806%

With the stock closing strongly at .035, we will of course be continuing to monitor its activity as we progress through the week.

Accelera Innovations, Inc. ACNV

We also tagged ACNV in yesterday’s morning report, and were pleased with the magnitude of the possible gains that were available there. The stock traded in a range from .008 and managed to hit .015.

That was the second subpenny play in as many days to crack the penny barrier on our watch (GIGL being the other), and it was good for intraday gains of up to 88% A strong close on healthy volume warrants further tracking in this instance as well.

Eli Lilly & Co. LLY – Options Update

On the 16th of last month, we formulated an extended-term options idea for LLY, and this morning, we’d like to take a second to update our readers on the level of gains that call has attained in recent weeks.

Our specific target contracts were the LLY 01/20 $75 Calls and the move we have observed in those has been quite good. A run from a low of .75 to as much as 2.50, which works out to total possible gains of up to 233%

Mountain High Acquisitions Corp. MYHI

We’ve got one last update this morning for MYHI. Last Wednesday, we tagged this stock, along with a varied group of several legal and medical marijuana plays, and just wanted to circle back to go over the fact that it has followed our expectations to the letter.

After the huge initial move we witnessed from .09-.239 (+166%) that first day, we followed up with an added caution, explicitly stating that “we expect a consolidation that should lead to a dip-and-rip pattern”.

That is exactly what has come to pass, as MYHI consolidated back to a low of .0909, before launching back to .175 yesterday. The move afforded us a chance to realize further gains to the tune of 93% on the rebound.

Along with MYHI, we’ll continue to watch several cannabis stocks, which comprise the vast majority of today’s extended watchlist.

Extended Watchlist:
OWCP, ENDO, LXRP, EDXC, CANL, PHOT, AMFE, HIRU

Blue Horseshoe Stocks: Kicking Off the New Year

Good Morning Traders, and Happy New Year! We hope everyone had a pleasant holiday season, but now that the new year has begun, we also hope everyone’s ready to dive right back in and take 2017 by the horns! We’re looking forward to another year of market action and tracking hot plays whether they be pennies, big boards, options, or whatever! Wherever we see even the slightest chance for a big opportunity we’ll be there, so join us- the 2017 trading year starts now!

Continued Cannabis Sector Surges

We’ve been all over the cannabis space for years, but the scope and intensity of our observation has been decidedly more focused in past weeks and months. On Sunday, legalized recreational marijuana took effect in California and elsewhere, so you can all expect that the pot sector will be an area of continued interest as the industry as a whole is set to undergo huge growth and change in coming months.

We had a few reminders appear in Friday’s premarket report from among the vast group of pot plays we’ve tracked over an extremely long period at this point. PHOT and VAPE, two old favorites, both followed that up with solid intraday performances to close out 2016.

PHOT posted a nice intraday move from .0167-.0198 (+19%), while VAPE ran from .0122-.0167 (+37%). We’ll continue to track these and other cannabis stocks, including but not limited to: MCOA, HEMP, MCIG, GRNH, TRTC, MYDX, MYHI, CHIT

More Updates:

Oceanic Research & Recovery Inc. ORRV – We began mentioning ORRV on Wednesday, and subsequently would witness a low of .0005. Friday the stock posted a huge finish to the year, running up to a new high of .00271. That marked a three-session swing of 442% We’re going to be keeping an eye peeled for the possibility of continued momentum.

ERF Wireless, Inc. ERFB – Our first tag of ERFB came three Friday’s ago, at which time we would observe a low of .0013. It too broke out to new high on Friday, reaching .02. From our initial low that works out to an overall increase of 54% More gains could be on the horizon in this case as well, so we’ll be watching.

Vanguard Natural Resources, Inc. VNR

We also want to put VNR on our radars as we kick things off on this short week. We’ve included a snapshot below and as you can see, a triple-bottom formation is currently in effect. We are going to be watching for a reversal, which, if the last couple of cycles are any indicator, could lead to a pretty significant PPS increase.

ProShares Short VIX Short-Term Futures SVXY

With the markets as a whole appearing to want to open up 2017 on a high note, we’re going to signal a range of bullish options calls for the SVXY ETF. We’ll be monitoring the SVXY Weekly $93.50-95.50 Calls.

Extended Watchlist:
PHIL, HIRU, CREX, NNUP, SPEC