PSTI Archives - Blue Horseshoe Stocks

On a Major Roll with Options Targets

Big Time Options Success:

We went full bore on fresh options ideas for Friday morning’s premarket report, offering up what we felt were a set of good targets for five separate sets of contracts. One was a longer-term call in CVNA for March, which we’ll swing back around to in a later report, and the rest were quick strike plays, all of which produced huge intraday gain opportunities for ourselves and our readers.

Our areas of interest were the AMC Weekly $21-20 Puts, the WFC Weekly $55-56 Calls, the JPM Weekly $165-162.50 Puts, and the SPY 01/14 $462.50-461 Puts. The gains available on the day all ended up well into multibag territory. Here are the exact ranges and total possible profits that were available:

AMC Weekly $21-20 Puts
$21: .44-1.37 (+211%)
$20: .10-.53 (+430%)
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WFC Weekly $55-56 Calls
$55: 1.53-3.75 (+145%)
$56: .76-2.80 (+268%)
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JPM Weekly $165-162.50 Puts
$165: 3.45-8.15 (+136%)
$162.50: .99-5.60 (+465%)
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SPY 01/14 $462.50-461 Puts
$462.50: .72-2.88 (+300%)
$462: .60-2.52 (+320%)
$461: .44-1.80 (+309%)

Fresh Options Ideas:
SI Weekly $125-120 Puts
GS Weekly $372.50-365 Puts
ASAN 02/18 $65-70 Calls
OPK 02/11 $4.50-5.00 Calls

Extended Watchlist:
BVIG, ATVI, BVI, SRGA, PSTI, IO, CBDS, UNQL, MXSG, CHNC, AAPT

Huge Run in SPY Puts, 3-Pack of New Ideas

SPY, NDVA Options Updates:

We’re back in the saddle and ready to kick off another fine week of options trading! We had good fortune last week to begin the new year, and we wrapped things on Friday with a couple more good ideas. Two of our three potential targets bore fruit for ourselves and our readers.

We were tracking the SPY 01/07 $467-466 Puts and the NVDA 01/14 $280-285 Calls and they produced some pretty respectable gain opportunities on the day. Here are the daily moves they registered and the total possible profits which could have been reaped as a result. In the case of the SPY, they were particularly impressive runs.

We also have an update on the new highs in the LW 01/21 $65 Calls which we signaled for observation on Thursday morning.

SPY 01/07 $467-466 Puts
$476: .54-2.77 (+412%)
$477: .38-2.08 (+447%)
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NVDA 01/14 $280-285 Calls
$280: 4.45-6.44 (+45%)
$282.50: 3.73-5.44 (+46%)
$285: 3.10-4.55 (+47%)
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LW 01/21 $65 Calls
$65: 3.50-5.90 (+69%)

Fresh Options Ideas:
TLRY Weekly $6.50-7.50 Calls
SFIX Weekly $19 Calls
SPY 1/10 $465-462 Puts

Extended Watchlist:
KRUS, TGGI, MJWL, OPTI, IDEX, AVVH, IFAN, RVPH, PSTI, BBLG, ISIG

Blue Horseshoe Stocks: ADIL, AMTX Review

Adial Pharmaceuticals, Inc. ADIL

Just as we were lauding ADIL yesterday morning on its recent bucking of the terribly bearish trend that had been building for several weeks, we get that epic one day reversal and bullish surge in the markets. It was especially fortuitous timing in the case of ADIL, being that it was already up considerably. The added boost took the stock to new heights, and added considerably to the positive movement we’ve witnessed over the past couple of weeks.

At the time of our initial alert on ADIL on the morning of the 13th, we saw trades going off as low as 2.55. As of yesterday’s new high mark set at 7.45, which represents a two week upswing of 192%

Aemetis, Inc. AMTX

As for the the other mention from yesterday’s premarket report, AMTX, it too felt the effects of the huge rally in the markets, trading up from a low of .60, up as high as .97. That worked out to an intraday push of 62%

Regardless of the market conditions, we’ll have a slot on our watch screens reserved for AMTX going forward, after the company just received a considerable round of non-toxic financing to effect the execution of the next phase of its business plan.

DVB Technologies, Inc. DVBT

Among the countless stocks that have been at or near their annual lows recently, we want to highlight DVBT, to watch going forward. There is a considerable gap on the chart which the stock has been beginning to fill. The opportunity for a considerable swing trade may be present, provided that yesterday’s activity wasn’t merely an isolated event in the midst of a continued downward trajectory for the markets in general.

In addition to the stock itself, we’ll also go ahead and signal some options to watch, specifically the DVBT 05/17 $7.50 & $10 Calls.
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Another Fresh Idea:
International Flavors & Fragrances, Inc. IFF 02/15 $130 & $135

Extended Watchlist:
SESN, SBGL, LILAK, PSTI, MYSZ, WFT, TVIX

Blue Horseshoe Stocks: MRTX Recap & More

Mirati Therapeutics, Inc. MRTX

After reporting positive cancer trial results on Friday, we talked about MRTX being poised for a big move and we weren’t incorrect.

The stock exploded out of the gate right from the outset, and traded in an impressive range from 9.15 to 12.40 early on in the day. That was good for a 35% intraday run- excellent for a $9+ stock. This is the third time in as many weeks we’ve called a stock that was approaching the ten dollar range and saw it gain more than a third in value in a single session.

Not only did MRTX trade up big on many times more thanits average volume, but it managed to maintain well over half of its daily advance, so we’ll be interested to continue monitoring its activity as we kick off a fresh trading week.

Iconic Brands, Inc. ICNB

We want to place ICNB on bottom-watch after taking a look at the recent history of the chart. This stock exhibits some really nice volatility and is coming down off of a significant spike.

When it finds support and rebounds, we could see a notable swing trade opportunity. The last such swing took the stock from the .003 range to .014.

The company recently announced its brand of Prosecco endorsed by former supermodel Christie Brinkley would be carried by Publix stores, so we’ll also be looking for further updates on that part of the story as well.

Pluristem Therapeutics, Inc. PSTI

We tagged PSTI for observation roughly a month ago, and have since seen a moderate move up on the chart, and will want to continue monitoring the situation.

The run the stock has made thus far is a marginal 27%, but things this morning have taken an interesting turn as the company announced the FDA granted fast track status to one of its treatments.

Extended Watchlist:
RAD, ADYN, NBRV, ARWR, PTIE, BIOA, MBOT, TRXC, COGT

Blue Horseshoe Stocks: IDXG Recap & More

Interpace Diagnostics Group, Inc. IDXG

Prior to yesterday morning’s report, we last mentioned IDXG last Thursday, and the stock has made quite a nice upswing from between then and now. We witnessed a low of .72 in IDXG subsequent to our alert last week. Yesterday’s session carried the stock from .8825-1.13, for an intraday push of 28% and a total move off of last week’s lows amounting to 57%

This morning in premarket trading IDXG reached yet another new high at 1.28 extending our total observed range in under a week to 78% We’ll look for IDXG to continue to register higher highs and higher lows and put together a more sustained rebound.

Urban Outfitters– Options Idea

It’s been over a year since our last options idea for the URBN chain, which incidentally yielded multi-bag profit opportunities.

We’re going to come back to URBN this morning on the heels of the company’s post-market earnings report,the effects of which have boosted the stock considerably here in the premarket.

We’re going to play it the way we normally do in these instances where an earnings beat causes a rapid gap-up, and be on the lookout for a dip-and-rip pattern. We’ll be tracking the activity in the URBN Weekly $19-20.50 Calls.

Extended Watchlist:
RADA, PSTI, DXTR, IMMY, BITCF, BTSC, BSTC, GAHC, ZRZH