Blue Horseshoe Stocks: Wrapping Up a Solid Week

Five Below Inc. FIVE

Fresh for yesterday morning’s premarket report, we jumped on the FIVE options chain with some quick-strike ideas in the FIVE Weekly $125-127 Calls and after an impressive $5+ intraday run for the stock itself, all three of those ideas bore fruit instantly. We wanted to recap the performance this morning, as well as update our idea for this play.

$125 Calls – Range: 2.40-5.00 – Max Gain: 108%
$126 Calls – Range: 2.18-3.30 – Max Gain: 51%
$127 Calls – Range: 1.64-3.00 – Max Gain: 83%

With FIVE gapping up again in the premarket today, we expect to see further gains from the above-mentioned contract sets, but we also want to roll up our potential strike prices a bit to follow the money a little closer. We’ll include the FIVE 04/05 $128-129 Calls in our pool of ideas going forward.


FRESH IDEAS:

BlackBerry Ltd. BB – Fresh off of the scanner this morning, we’ve got BlackBerry making waves in the premarket after a solid beat on revs and profits, in a quarterly release that included record software IP licensing. We’re going to keep an eye on the BB Weekly $9-10 Calls*.
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CarMax, Inc. KMX - CarMax also reported this morning, and it too is moving the needle in the premarket on the heels of a beat on profits. We’re going to add the KMX Weekly $65.50-67 Calls* to our tracklist for today as well.

*DO NOT attempt to trade weekly contracts on a Friday unless you an advanced level trader with access to disposable funds!


Extended Watchlist:
COBI, RVLT, PIXY, TGTX, AWSM, ACET, AMRS

Blue Horseshoe Stocks: AYTU Update & More

Aytu BioScience, Inc. AYTU Yesterday morning, we were just discussing AYTU and the modest progress the stock had made since we flagged it as a bottom play in Wednesday’s premarket report. Not only had it displayed a cherry bottom setup, but we noted a string of insider buysat the time as well.Following that report, we would witness a low of .4118, and over the course of the ensuing four trading days, the stock has made a noteworthy move and continues to exhibit signs that more gains could be in store.

Yesterday it reached .61, which represents a run of 48% in under a week. It did so on record volume, so we’re definitely eager to see where the momentum could carry this play that was already on its way back up.


InspireMD, Inc. NSPR

NSPR has been in real trouble in 2018, losing ground at seemingly every turn and unable to get out of its own way. However, through a combination of a South American breakthrough announcement for two of the companies drugs, and being just plain oversold, we’re seeing a marginal premarket gap-up and will want to observe for a more sustained rebound.

The news was pertaining to NSPR receiving regulatory approval from the goverment of Peru for its CGuard™ Embolic Prevention System (EPS) and MGuard Prime™ products. Peru has a population of more than 30 million people. (>>View PR)


Extended Watchlist:
ARWR, GLOW, MDGS, MBRX, SEE, WBAI, LIQT, PIXY,

Blue Horseshoe Stocks: SRMX Explodes & More

SkyFidelity Inc. SRMX – Recap
Although the dog days of summer made July a fairly subdued month, August has started off pretty well so far, with our first multi-bag gainer showing up in the form of SRMX. We included it in our premarket report yesterday morning after catching the PR the company released on a routine news scan, and were happy that we did.

SRMX, after releasing news of a potentially disruptive new product, went absolutely haywire, trading in an incredible range from .0043 all the way up to .024. That worked out to a fantastic single-session pop of 458%

SkyFidelity, Inc.’s (OTC: SRMX) subsidiary Tri Cascade, Inc., an Internet of Things (IoT) technology company, has created a 4G/LTE Gateway Hub that provides consumers with the ability to access the internet directly from a SIM-based 4G/LTE Super Router called the SkiQ. The Company has designed this innovative communication device that will disrupt the traditional communications hardware industry, making routers, modems, satellite dishes, set-top boxes and media boxes obsolete. (>>View Full PR)


Lumber Liquidators Holdings Inc. LL

The options idea we submitted on LL earlier this week has made some decent progress that we wanted to report back to our readers this morning.

The stock has strung together two bullish sessions since then which has facilitated the following moves in our highlighted target contracts, the LL Weekly $27.50-29.50 Calls. The listed lows were logged on Tuesday, and highs recorded yesterday.

$27.50 Calls – Range: 3.00-8.54 – Max Gain: 185%
$28 Calls – Range: 2.30-7.79 – Max Gain: 239%
$28.50 Calls – Range: 3.36-7.32 – Max Gain: 118%
$29 Calls – Range: 2.00-6.75 – Max Gain: 237%



Strategic Global Investments, Inc. STBV

We also put STBV on our radar yesterday morning and it too produced a positive move on the day. From its low of .0731 the stock ran as high as .145, an intraday rip of  98% which came on more than nine times the monthly average volume.

We’ll continue to keep an eye on STBV which is at multi-year highs and firmly in blue sky breakout territory.



Medical Transcription Billing Corp. MTBC
We also want to circle back to MTBC, which we’ve been tracking since the morning of July 17th. Shortly thereafter the stock saw a low of 1.08 and it hasn’t looked back.Yesterday it reached a new high of 2.39, which marks a 121% run through a period of just over two weeks. We’ll continue to stay on its track, as the company just posted a solid quarterly report which included a 55% boost in revenue.

Extended Watchlist:
ICNB, MVTG, ERBB, HIMX, PIXY, OCLR, ESIO, HLTH, BLPH

Blue Horseshoe Stocks: Options Roundup & More

Options Roundup

We had good fortune with our fresh options call yesterday, so today we’re going to be recapping the total possible gains on those plays, as well as unearthing a couple of fresh ideas to add to the mix as we close out this trading week.

Delta Air Lines, Inc. DAL – Recap - Our inkling on DAL yesterday morning was to go bearish after a disappointing earnings call for the airline, with the DAL Weekly $55.50-53.50 Puts. We were not disappointed with our decision to do so, as those DAL puts went on to log the following double and multi-bag intraday moves for us before lunch hour was over:

$55.50 Puts – Range: .76-1.60 – Max Gain: 110%
$55 Puts – Range: .48-1.05 – Max Gain: 119%
$54.50 Puts – Range: .25-.65 – Max Gain: 160%
$54 Puts – Range: .13-.36 – Max Gain: 177%
$53.50 Calls – Range: .03-.17 – Max Gain: 466%
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Advanced Micro Devices Inc. AMD

Speaking of bearish options ideas, we want to enter another fresh set into the log this morning in AMD. This stock trades very cyclically, and from a technical perspective, looks as if it could continue to lose ground after a reversal this week. We’re going to place the AMD 07/21 $14-13 Puts on watch into next week in the event that our impression of this play is correct.
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BJ’s Restaurants, Inc. BJRI

Lastly on the options front, we are going to signal a range of extended-term calls on BJRI, which has a pretty attractive bottom setup on the chart at the moment. To take advantage of a potential sustained rebound, we’re going to be monitoring the BJRI 08/18 $35 & 40 Calls.
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Bonus Idea: NTNX 7/21 $20-25 Calls


Diana Containerships. Inc. DCIX

DCIX went into a full-on nose dive recently after it was announced that the company would be taking out roughly an $85M loan to settle a monster pile of debt, and the investment community did not take the news well.

The stock has subsequently fallen to new all-time lows, and that’s where we come in. We’re always looking for stocks like this to put on bottom-watch. Being egregiously oversold, DCIX may yet have a bit further to fall, but we’ll want to be ready for a reversal at any time. The resulting bounce-back could be considerable.


Extended Watchlist:
NPHC, DEWM, DOLV, FRO, JCP, CHFS, PIXY, HPJ, CTIC,

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Blue Horseshoe Stocks: Options Review & More

ProShares Short VIX Short-Term Futures ETF (SVXY) – Recap

We had some positive jobs numbers which posted on Friday, and to go along with the direction of the market activity we were observing, we highlighted a range of weekly options contracts in the SVXY ETF.

Our targets were the SVXY Weekly $152-154 Calls and we did see some pretty good movement from plays in that range, which made appreciable moves on the day. Those total possible gains were as follows:

$152 Calls – Range: 2.34-3.91 – Max Gain: 67%
$153 Calls – Range: 1.86-3.54 – Max Gain: 90%
$153.50 Calls – Range: 1.61-2.28 – Max Gain: 42%
$154 Calls – Range:1.15-2.71 – Max Gain: 136%


ShiftPixy, Inc. PIXY

The Friday before last, we signaled newly-IPO’d PIXY for observation on its first trading day ever, and it also performed admirably during last week’s short trading week.

After starting at a price of 6.30 on Friday (06/30), PIXY began to run, and this past Friday it hit a high of 10.50. That’s a solid 66% upswing, which is quite impressive for a first week of trading.

This morning, we’ve seen our observed range on PIXY increase even further to 78% with the stock managing a premarket high of 11.20.

We’ll be anxious to pick up where we left off and continue to track this new stock as we head into a new trading week. Each new high it sets is a new all-time high, so there’s no telling where this ride will let off. As we mentioned last week, we’ll just continue to monitor the stock, looking for higher base levels of support to be established as we go forward.


Inpixion INPX

We’re always looking for a good bottom play, and we have one with some potential in INPX, which tumbled last week after the company announced a hefty $6M public offering.

The offering was priced at 1.05/share and the stock is currently trading in the high-.60′s. We feel a return to at least the offering price would not be implausible.

Stocks coming off of recently-established 52-week lows have historically been good to us, so we want to place INPX on watch for a potential recovery.


Extended Watchlist:
AVEO, ATOS, HEB, KOOL, MSDI, PLX