RADA Archives - Blue Horseshoe Stocks

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

Blue Horseshoe Stocks: Bottom-Plays & More

DISH Network Corp DISH

There’s a possible bottom-bounce opportunity brewing with DISH, with the stock posting its first bullish session after a string of five consecutive days of getting beaten to a pulp.

We want to signal a range of September calls that would stand to make considerable moves if the stock can mount an extended recovery. We like the volatility that DISH provides, and will be looking for it to test the 200DMA (61.38) while tracking the DISH 09/08 $60-62.50 Calls over the days and weeks ahead. .

Snap, Inc. SNAP

This is another stock that’s gotten beaten up recently, but instead of a handful of sessions, SNAP has been under consolidation for more than two months. In fact, the vast majority of the time since its IPO has been spent on the backslide. It only recently began to record higher lows off of its newly established all-time low, and indicators on the chart suggest that a more convincing rebound could be in the cards.

We’ll want to pay close attention to the company’s post-market earnings call this afternoon, which could be a turning point in the early history of this relatively new stock.

Post-Earnings Gappers

We’re seeing premarket gap-ups for all three of the following stocks. We’re going to issue some options ideas for each chain to watch for day trades and or swing trades into tomorrow, depending on the activity we observe.

Macy’s, Inc. M – Weekly $22-24 Calls
Perrigo Co. plc PRGO – Weekly $73-75 Calls
Canada Goose Holdings, Inc. GOOS – Weekly $19-20.50 Calls

Extended Watchlist:
DPW, XXII, HDSN, RADA, IDXG

Blue Horseshoe Stocks: BABA, ABIL Recaps & More

Options Recap

Alibaba Group Holding Ltd. BABA– There was quite a to-do yesterday morning after BABA went rocketing up in the premarket on raised revenue guidance, and we jumped at the chance to signal some options ideas to correspond with the activity.

In our premarket report we highlighted the BABA Weekly $140-145 Calls with the explicit warning that “Whenever a stock has gapped up this hard, we must be on the lookout for an early pullback into a dip-and-rip pattern” and we really couldn’t have been more spot-on with how we approached this play if we had a working crystal ball.

We don’t have that, but we do have loads of experience identifying winning options plays, and not only did the stock behave exactly as we said it would, selling off before exploding to new highs, but every single contract we highlighted went bananas as a result. Regardless of which of our four highlighted contracts was chosen as the strike price, gains ranging from the 1100% to the 3100% range. Not bad for a day’s work!

$140 Calls – Range: .34-4.40 – Max Gain: 1167%
$141 Calls – Range: .25-3.65 – Max Gain: 1360%
$142 Calls – Range: .16-2.87 – Max Gain: 1694%
$143 Calls – Range: .12-2.41 – Max Gain: 1908%
$145 Calls – Range: .05-1.63 – Max Gain: 3160%

We’re going to look for similar chart activity today to lead to further gains in these plays, but as we always do when discussing weekly options on a Friday, we feel obligated to warn our readers that trading such contracts is for EXPERT traders only!
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Yahoo! YHOO – We were also looking at some YHOO contracts yesterday, although they didn’t have much open interest with the exception of the Weekly $55 Calls. Those ran from .10 to 1.01 for a 910% rip on the day.

Ability, Inc. ABIL

On Wednesday morning we flagged ABIL as a possible bottom-play and the subsequent activity over the ensuing two sessions has been excellent.

The first day it ran from .6298-.91, for a solid 44% rise, and yesterday, it one-upped its performancde with an intraday run from .80 to a new high of 1.69. It was good for a daily pop of 111% and a total two-session upswing over our observed low amounting to 168%

Delcath Systems, Inc. DCTH

We also want to mention DCTH this morning, a stock that had been in a continual downtrend for months on end. It just began to show life yesterday and is gapping up in premarket trading this morning, so we’ll just want to keep an eye peeled.

As we said, this stock has been ridiculously oversold for a long while, so the resulting snapback could turn out to be pretty impressive. .

Extended Watchlist:
ADHD, CAMT, GMO, OPTT, RADA

Blue Horseshoe Stocks: HMNY Review & More

Helios and Matheson Analytics, Inc. HMNY

We’ve been watching HMNY for awhile now, and tagged the stock in yesterday morning’s premarket report. While it didn’t exactly go to the moon, we were quite pleased with the solid performance it put forth on the day.

It coincided with the company’s announcement that it had obtained licensing rights to a facial recognition technology developed in Israel. The stock traded up from a low of 3.65 to as high as 4.90, which marks a move of 34% and it came on an incredible 285X the 30-day average volume.

That kind of surge in liquidity is sure to produce some interesting results that we will be eager to track as we head through midweek.

Pilgrim Petroleum Corp. PGPM

Despite its ‘Limited Information’ designation on OTC Markets, we began tracking PGPM last Tuesday the 16th, at which time we observed a low of .0059 in the stock.

Since then it has been stepping its way up and yesterday, briefly touched a high of .02, which marked a one-week swing of 239% We’ll be on the lookout for PGPM to continue its overall trend,, remaining interested as long as it maintains support at or above .01 on any pullbacks.

Chatroom Call – Las Vegas Railway Express XTRN

We’ll always jump at the chance to remind readers that in addition to these premarket reports, we also conduct daily live in-session trader’s chats via Skype*.

Yesterday, thanks to chat participant Steve, the room was alerted on XTRN and subsequently had a chance at gains of up to 300% as the stock ran from .0003-.0012.

XTRN then closed at its high-of-day on monster volume, so we will want to keep an eye on it today for a potential continuation of momentum.

*Do you subscribe to our mailing list? If so, you’re eligible to participate and/or observe our daily trader’s chats! Simply send a contact request to username ‘stocksumo’ and we’ll take care of the rest.

Extended Watchlist:
INO, SDRL, RADA, TLYS, TCS

Blue Horseshoe Stocks: Options Updates, Fresh Ideas

Best Buy Co. Inc. BBY – Options Update

We signaled a range of BBY options yesterday after noticing a hefty earnings beat that was driving the stock to gap up significantly in the premarket.

The bullish trend continued throughout the day, as BBY stock traded in a range from 37.66-39.36. That facilitated some big-time single-session gain opportunities for our specified targets, which were the BBY Weekly 36.50-39 Calls.

It wouldn’t have mattered which set of contracts in the highlighted range were selected, as every single one put up a standout performance, yielding the following potential gains:

$36.50 Calls – Range: 1.43-2.53 – Max Gain: 77%
$37 Calls – Range: 1.10-2.32 – Max Gain: 111%
$37.50 Calls – Range: .77-2.78 – Max Gain: 261%
$38 Calls – Range: .53-1.52 – Max Gain: 187%
$38.50 Calls – Range: .32-2.23 – Max Gain: 597%
$39 Calls – Range: .20-.80 – Max Gain: 300%

For us to remain interested in continuing to track these ideas, we’ll need to see BBY maintain support above the 37.50-mark on any pullbacks.

World Poker Fund Holdings, Inc. WPFH

We also tagged WPFH in yesterday morning’s premarket report, and while it didn’t produce a monster move like the aforementioned options plays, it did manage to make a notable increase on the day.

From a low of .53, the stock traded up to .70, marking an intraday move of 32% We’re going to want to continue to keep an eye on this play as it continues to make headway off of its recent bottom.

Dominovas Energy Corp. DNRG

Speaking of stocks where we’ve caught a bottom, we want to comment quickly on the progress of DNRG, a stock which has appeared in our reports on multiple occasions.

Our most recent mention of this play was earlier this month, following which time we observed a low of .0015. Yesterday the stock attained a new high of .0055, representing an increase of 267% in just a few weeks’ time.

Vista Outdoor, Inc. VSTO – Fresh Options Idea

VSTO is an interesting candidate for a forthcoming recovery, and we want to be waiting in the wings for that possibility. Despite a recent earnings miss a few weeks back, coupled with an analyst downgrade, the company’s long-term figures show a slow but steady growth in key areas.

The chart itself is egregiously oversold, with this most recent selloff lasting through the past ten sessions. Whenever we see a stock with solid fundamentals getting abused like this, our bottom-feeding alarms begin to sound.

We’re going to watch this play closely in the weeks ahead, along with a pair of extended-term contracts in its options chain, specifically, the VSTO 10/21 $35 and $40 Calls. A recovery of any significance should produce some interesting activity in those plays.

Extended Watchlist:
INSY, RADA, CBR, NMBL, BSRC, BTHE