Blue Horseshoe Stocks: TLRY, DCTH Updates & More

Tilray, Inc. TLRY – Update

We’ve been tracking TLRY since last Tuesday, and in that time not only has the stock made an incredible move, (87.50 to nearly $260 in premarket trading today: +165% ) but the options we signaled at the time, the TLRY 09/21 $91-93 Calls, have also made huge gains.

Here are the updated ranges on the options contracts, but please note that all of these will almost certainly be trading over $100 after TLRY’s eye popping premarket increases this morning:

$91 Calls – Range: 6.43-58.23 – Max Gain: 805%
$92 Calls – Range: 5.51-57.50 – Max Gain: 944%
$93 Calls – Range: 5.23-60.00 – Max Gain: 1047%

Because TLRY is a cannabis stock and is drawing a ton of attention to the space right now, and because we are heading into the hottest time of the year for cannabis stocks we are, as always, keeping a close eye on the pot sector.

Cronos Group, Inc. CRON is one other play from that space which has also showed some interesting trading activity. We began watching it a couple weeks ago, and despite some pullback, the stock regained all that ground and is currently testing resistance at 13.39. A break of that price should make things much more interesting for CRON.

Several other cannabis related plays to keep an eye on, but by no means an exhaustive list:

NXTTF, MYMMF, APHQF, RVVTF, TBPMF, SPRWF, INSY, AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP, GCAN



Delcath Systems, Inc. DCTH

We also want to swing back around for an update on another hot stock we recently signaled interest in, with DTCH. We slotted this play into our watchlist roughly three weeks ago on August 28th as the stock was trading as low as 1.76. It has since reached a new high of 5.60, which works out to an increase of 218%
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More Quick Updates: Both of the stocks we mentioned in yesterday’s report also set new highs. Here are those highs, along with the total possible gains that they’ve provided since our next most recent alerts on these plays:

New Age Beverage Holdings, Inc. NBEV
1.50-3.40 (+127%)

Aurora Cannabis, Inc. ACBFF
4.04-8.92 (+121%)

Incoming search terms:

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Blue Horseshoe Stocks: Cannabis Reminder

CANNABIS REMINDER

We took full advantage of the recent earnings season with a ton of great options ideas, but things are cooling down on that front for the moment. To start off this week, we’ll put our ever-continuing options search on hold for today, to bring our readers an annual reminder.

Each year as the summer season begins to wind down, we like to pull together a sizable watchlist for the cannabis space. The Autumn season has traditionally been the legal and medical marijuana industries’ most active in terms of movement on charts. The pattern has repeated itself year after year, so with the market appearing relatively quiet at the moment, now is a good time to reassert our interest in cannabis sector stocks for the coming of the fall rush.

The following is not an exhaustive list, merely a few old favorites, but we ensourage our readers to seek out and monitor any stock that is related to the field:

AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP


Avalon Holdings Corp. AWX

We’d also like to quickly share the performance of AWX following its inclusion in our premarket watchlist on Friday. Early on in the session, the stock ran from a low of 4.52, and went on to hit 6.79, which works out to a respectable intraday pop of 50%  That was sufficient to register as the NASDAQ’s #2 mover on the day.


Fresh Options Ideas:
Energen Corp. EGN 09/21 $75 $ 77.50 Calls
Neilsen Holdings plc NLSN 09/21 $25-27 Calls


Extended Watchlist:
GST, AKER, SYY, DPW, IZEA

Blue Horseshoe Stocks: Cannabis Reminder

Cannabis Reminder

With the cannabis counterculture holiday of 04/20 capping off this week on Friday, you can bet that our tracking of the cannabis sector is going to ramp up right along with many of these stocks.

It was back on the 4th of this month that we published an extensive list of marijuana industry stocks to track in anticipation of this event. For those outside the loop, “Four-Twenty” is a massive celebration each year on April 20th, to commemorate the cultural tradition of partaking in cannabis at 4:20pm on any given day. Cannabis companies use this as the perfect marketing ploy, and as a result, many do their highest sales of the year on the heels of this holiday.

A few of the plays we highlighted earlier this month have already begun to see appreciable moves on the chart. Take OWC Pharma (OWCP) for example. Since the 4th, the stock has increased from .20 to .30, a 50% rise in under two weeks.

We would expect to see similar, and even better gains coming from many cannabis stocks all across the board. That’s why we wanted to open up this week with a reminder to keep a close eye on anything even remotely tied to the space.

Just refresh, some of those stocks include, but are not limited to:

AGTK, HEMP, SGMD, SING, GRNE, GOHE, MCOA, MCIG, POTN, PNTV, RMHB, CANN, CBIS, ATTBF, GLDFF, GLNNF, NXTTF, MRRCF, SPRWF & CRON


Extended Watchlist:
SSC, NETE, ITCI, ERI, MBII, NAV, ONVO, LOXO, CLS

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Blue Horseshoe Stocks: Cannabis Roundup & More

Cannabis Roundup

We wanted to take some time out this midweek to get back to cannabis, the rapidly growing industry that we’ve always said we felt has as much or more potential than any other out there. The first quarter of the 2018 calendar year was rather low key, but with some major cannabis dates coming up, we wanted to sharpen our focus on the sector.

The 04/20 Holiday is generally a time when you see heightened visibility, and an influx of sales for recreational marijuana businesses. It’s the “Super Bowl” for many of these businesses, which will see their highest customer volume of the year.

It’s a time of increased awareness in the investment community for the space as a whole, and that’s why we wanted to refresh our running watchlist of pot stocks on our radar:

As for the ones based here in the U.S. some of our favorites (in no particular order) have been: OWCP, AGTK, HEMP, SGMD, SING, GRNE, GOHE, MCOA, MCIG, POTN, PNTV, RMHB, CANN and CBIS.

We also have July to look forward to, which marks the nationwide legalization of recreational marijuana in Canada, where some of the most impressive cannabis companies, like ACBFF and APHQF reside. Other notable Canadian players include ATTBF, GLDFF, GLNNF, NXTTF, MRRCF, SPRWF, and CRON.


Facebook, Inc. FB

We started off the week on Monday by signaling some options ideas, the FB Weekly $155-160 Calls. Despite a terrible start to the week for the markets as a whole, yesterday’s bounce-back helped began to provide us with the kind of moves we were looking for out of those plays.

In fact, each of three contracts in our designated range yielded the chance at multi-bag gains yesterday, with the following moves:

$155 Calls – Range: 1.55-4.27  – Max Gain: 175%
$157.50 Calls – Range: .90-2.75 – Max Gain: 205%
$160 Calls – Range: .49-1.69 – Max Gain: 245%


Extended Watchlist:
WLB, ASTC, HCC, EGO, TCAP, AQMS

Blue Horseshoe Stocks: VXX Calls & More

Under Armour, Inc. UAA

Our targeted contracts for the UAA options chain worked out fairly well yesterday. We signaled the UAA Weekly $15.50-16.50 Calls. As the stock gapped up and ran over $17, it facilitated the following respectable gain opportunities:

$15.50 Calls – Range: .70-1.60 – Max Gain: 128%
$16 Calls – Range: .57-1.25 – Max Gain: 119%
$16.50 Calls – Range: .35-.85 – Max Gain: 143%

We’ll look for UAA to re-test its 200DMA as it did yesterday to potentially bring further chances, but as it stands, our ideas worked out very well for a single-session play yesterday, so we’re pleased with our calls either way.


iPath S&P 500 VIX ST Futures ETN (VXX) – More Options Ideas

There’s been quite a bit of turbulence in the markets as a whole recently, and this morning it appears as if we could be headed for another down day. If that is indeed the case, we’re going to set ourselves up with a new idea that could produce immediately.

The VXX trades inversely to the markets, so a backslide could effect significant chances to profit through the options chain. We’re going to put a tag on the VXX Weekly $46-50 Calls We’re going to want to look at the SPY as an indicator, and if it falls below 262.62, we’ll be actively tracking these VXX Calls.


Extended Watchlist:
ANDI, AGTK, POTN, IFXY, SGBI