Blue Horseshoe Stocks: CPST Recap & More

SPDR S&P 500 ETF (SPY) – Recap

We were looking to take advantage of the rebounding markets yesterday morning with some SPY calls, and it turned out to be a solid idea for the day.

We told readers to look out for a classic dip-and-rip scenario, which did ultimately come to fruition. We designated the SPY Weekly $264-266 Calls as our targets and saw notable intraday moves out of each and every one.

$264 Calls – Range: 1.83-3.09  – Max Gain: 69%
$264.50 Calls – Range: 1.62-2.72 – Max Gain: 68%
$265 Calls – Range: 1.28-2.37 – Max Gain: 85%
$265.50 Calls – Range: 1.05-2.00 – Max Gain: 90%
$266 Calls – Range: .83-1.70 – Max Gain: 105%
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Fresh Options Idea:
Pricesmart, Inc. PSMT 04/20 $80 & $85 Calls


Capstone Turbine Corp. CPST

We’d like to wrap things up this week by coming back to CPST to highlight the excellent performance of the stock since our alert on the morning of March 12th.

In the three weeks since then, CPST has been on a near-continual run up the chart, even as the markets ran into some trouble earlier this week. From its low of .934 subsequent to our alert, to yesterday’s high of 1.53, the stock has produced a move of 64% Volume also picked up drastically yesterday, leaving us anxious to see where the current surge of momentum will take CPST.


Extended Watchlist:
CRSP, SPI, OPTT, RIGL

Blue Horseshoe Stocks: Options Roundup

GW Pharmaceuticals plc GWPH
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We said we’d be looking for action in the  in the GWPH Weekly $125 & $130 Calls yesterday after we learned the company had reacquired the rights to develop Sativex, a 1:1 THC/CBD extract blend oral spray product.

The result was a run from the stock that brought it to its highest PPS since March, and that move facilitated some very nice activity in our designated contracts. The $125 Calls saw a move from  3.00-5.90 for gains of up to 97%, while the $130′s tore up the chart, running a whopping 900% from .15-1.50!

There’s also a reasonable chance the solid trend could continue today, so we’ll be sure to stay on the lookout for that.


Fresh Options Ideas

Under Armour Inc. UAA – First up for new options ideas this morning we’ve got UAA, which is building a heck of chart setup in the wake of the revelation earlier this week that the company’s third-largest stakeholder had increased their position.

We’re going to set up shop with a short and extended term idea, homing in on the UAA Weekly $13.50-14.50 Calls, in addition to the 01/12 $14.50-15.50 Calls, in the event that its recent run of bullish activity is set to continue over a longer time frame.
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Adobe Systems, Inc. ADBE – In the case of ADBE, the company posted beats on both revs and earnings for Q4, and we’re always looking for a good post-earnings options trade. We’ll look to the ADBE Weekly $175-180 Calls.


Extended Watchlist:
RIGL, LFIN, RIOT, WPCS, GFI

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Blue Horseshoe Stocks: ECYT Recap & More

Endocyte, Inc. ECYT

We took notice of ECYT yesterday morning during our routine premarket scan, and due to some abnormal activity, we decided to include it in the daily watchlist.

It turned out to be a splendid idea, with the stock ultimately recording a hugely bullish session. ECYT traded from its low of 1.63 just following the open, to its high of 3.75 just prior to the close. It worked out to a single-session rip of 130% and it came on over 180X the monthly average volume. The stock has also hit a new high of 6.07 in the premarket this morning, pushing our observed move in less than 24 hours to a whopping 272%

It was especially impressive because of the timing, which couldn’t have been any better. Prior to yesterday’s session the stock was stagnating for several months. The move was catalyzed primarily by the announcement of the completion of a worldwide license on the company’s prostate cancer treatment, which will be moving on to Phase III development. (>>View PR)


Rigel Pharmaceuticals, Inc. RIGL

Speaking of solidly-timed calls on pharma plays, we also caught RIGL and included it in yesterday’s premarket report. It didn’t see the type of move that the previously mentioned stock, but got off to a respectable start.

RIGL traded in a range from 2.85-3.42, a modest rise of 20%, but did so on nearly 17X the monthly average volume, and closed near its high of day. We’ll continue to observe this play to see if it can establish a sustained uptrend.


Capricor Therapeutics, Inc. CAPR

We were just updating our readers yesterday morning on the moves CAPR had made since we had alerted it onSeptember 20th from its low of 1.80.

What followed was another nice session for the stock, which ran to a new high of 4.25; a total increase of 136% in a span of just eight trading days.



Tiffany & Co. TIF – Options Update

We also want to quickly update readers on our TIF options ideas that we submitted on the morning of September 28th, the TIF 10/20 $92-93 Calls. The stock has been in a continuous bullish pattern since then, and those calls made some pretty nice gains in the process.

$92 Calls – Range: 1.00-2.13 – Max Gain: 113%
$92.50 Calls – Range: .85-1.74  – Max Gain: 105%.
$93 Calls – Range: .83-1.88 – Max Gain: 127%


Extended Watchlist:
ETRM, VICL, DMPI, TA, KOOL, CATB

Blue Horseshoe Stocks: CAPR, VYGR, HMNY Recaps & More

Recent Big Winners

We have a large group of updates on previously called plays that we wanted to briefly swing back around and report performance information on this morning:

Voyager Therapeutics, Inc. VYGR – We alerted on VYGR on the 6th of September, witnessing a low of 12.33 and after finishing the rest of the month on a bullish streak, Friday brought a new high of 22.28. That’s a three week swing of 81%, which is fantastic for a stock in this price range.
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Capricor Therapeutics, Inc. CAPR – We signaled our interest in CAPR later on in September,on the 20th. The following day we observed a low of 1.80, and like the above-mentioned play, it never looked back. Friday’s new high of 3.05, represented a 69% increase in just over a week’s time.
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Helios and Matheson Analytics Inc. HMNY – We’ve discussed this one quite a bit recently, also beginning on September 20th. That morning  we saw a low of 5.469, and once again, it has been nothing but bullish moves ever since. On Friday the stock hit 14.17, marking a fantastic move of 159% in a little over a week.


Blackberry Ltd. BBRY – Options Recap

We also wanted to provide the final figures on the BBRY options we signaled in Thursday’s premarket report, the BBRY Weekly $9.50 & $10 Calls.  Friday’s session brought new highs for both sets.

The final intraweek range on the $9.50 Calls ended up being from .37 to 1.81 for a gain of 389%, while the $10′s breached the ten-bagger mark with an extraordinary run of 1025% from .12-1.35. Even readers who just caught Friday morning’s mention of these plays could still have made single-session profits of up to 103% and 202%, respectively.


Extended Watchlist:
SNCR, ECYT, MNKD, KTOV, ITUS, RIGL, SRAX, JAGX

Blue Horseshoe Stocks: MYO, HOS Reviews & More

Myomo, Inc. MYO

In terms of intraday gainers, MYO stole the show on Friday after appearing in our premarket report. Considering the fact that it was a ten dollar stock to begin with, the single-session rip we got from this play was fantastic.

From a low of 10.10 in the morning, MYO cruised its way to a high of 18.20 on over three times the monthly average volume. That worked out to an 80% move, and the stock closed with strength.

We’re going to be looking to MYO again as we kick off a new trading week today, as the stock has already bested Friday’s highs in premarket trading this morning. There may be a dip-and-rip formation, or a straight continuation of momentum, but either way we’ll want to see higher highs and higher lows established in order to confirm MYO as a multi-day runner and remain interested.


Hornbeck Offshore Services, Inc. HOS

Coming in as an honorable mention, also from Friday’s report, was HOS. The stock traded up from 2.26 and ran as high as 2.93. That logs as a intraday rise of 30%, and it traded six times its 30-day average volume.

Like the above-mentioned play, HOS had a pretty solid close, and is showing signs of potentially sustaining the trend it established leading into the end of last week.


Smart & Final Stores, Inc. SFS

Many grocery stocks took a hit at the end of last week amid the huge Amazon-Whole Foods deal, and there could definitely be rebound opportunities forthcoming as a result.

One such stock that caught our eye is SFS, which was hammered down to new 52-week lows on Friday. Purely from a technical standpoint we’d be interested in this for potential bottom plays in the stock and the options chain as well. We’ll signal the SFS 08/18 $10 Calls for observation over an extended term.


Extended Watchlist:
RIGL, RWLK, WKHS, BVXV, BSTG, MSDI, ORIG