RIOT Archives - Page 10 of 12 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: SNAP Rocking & More

Snap, Inc. SNAP

After we signaled our interest in a range of SNAP calls yesterday morming, the stock turned in quite a performance. In fact, SNAP ended up being the top gainer on the NASDAQ for the session.

That activity paved the way for some excellent intraday moves for our designated contracts, the SNAP Weekly $16-17.50 Calls, which all more than

$16 Calls – Range: 1.15-5.00 – Max Gain: 335%
$16.50 Calls – Range: .93-4.38 – Max Gain: 371%
$17 Calls – Range: .50-4.00 – Max Gain: 700%
$17.50 Calls – Range: .45-3.51– Max Gain: 680%

We feel good about a continuation of the same kind of volatility we saw with SNAP yesterday, and will roll up our potential strike prices, and begin to monitor the SNAP Weekly $21-22.50 Calls as we finish out the week.
_______________

Fresh Options Idea:
GrubHub, Inc. GRUB – Weekly $80-85 Calls
Twitter. Inc. TWTR – Weekly $31-33 Calls

Biocept, Inc. BIOC

We want to keep tabs on BIOC after the announcement of a public offering precipitated what we would consider an over-reactionary selloff.

The company raised a sum of roughly $14.8M after offering approximately 32M shares at an exercise price of .45, along with immediately exercise-able warrants to purchase another 32M shares at .50.

We would classify it fall to a new annual low of .30 yesterday as a kneejerk response, and with the stock being this heavily oversold, we’ll want to put this one on bottom-bounce watch immediately.

Extended Watchlist:
TEUM, SNCR, FOLD, SWN, GCAP, NETE, RIOT, ONTX

Blue Horseshoe Stocks: Options Review & More

Lumentum Holdings Inc. LITE

We noted yesterday morning that LITE was bucking trend of the two-day market bloodbath we witnessed this week. We made it clear that we were interested in the LITE Weekly $44-46 Calls regardless of which way the markets went, and it turned out to be a solid idea.

The markets did of course see a reversal, and LITE did perform well on the day, creating the following gains in our tracked contracts:

$44 Calls – Range: 2.00-8.00 – Max Gain: 300%
$45 Calls – Range: 2.50-6.98 – Max Gain: 179%
$46 Calls – Range: 1.25-6.00 – Max Gain: 380%

________

Fresh Options Ideas:

The Walt Disney Co. DIS – Weekly $107-109 Calls
Snap, Inc. SNAP – Weekly $16-17.50 Calls

Quotient Ltd. QTNT

Another stock we went bullish on in yesterday morning’s report, despite coming off the biggest two-day losses for stocks in history, was QTNT.

It boasted a solid bottom setup, and had already exhibited some bottom-bounce activity in the prior session. It also performed well on the day, trading up from a low of 3.36 to a high of 4.39- a respectable intraday run of 31% We’ll look for the stock to establish a trend of higher highs and higher lows over the next few sessions.

Extended Watchlist:
RIOT, NETE, DRYS, DPW, MARA, CFRX

Blue Horseshoe Stocks: Fresh Options Ideas & More

SPDR S&P 500 ETF (SPY) – Options Recap

Yesterday we offered up our opinion that the SPY was going to get back to its bullish ways, and outlined what we felt was an attractive set of contracts in the options chain, the SPY 01/17 $277.50-279 Calls. It was for quick-strike trades only, given that they expired at 4 o’clock, and the chances were certainly there for the taking.

We said we’d be looking for the classic dip and rip pattern to present those chances for intraday flips, and our idea couldn’t have worked out much better, including our second instance of multiple thousand percent gainers in the past week! The potential single session profits on the table were as follows:

$277.50 Calls – Range: .41-2.53 – Max Gain: 517%
$278 Calls – Range: .21 -2.03 – Max Gain: 867%
$278.50 Calls – Range: .10-1.54 – Max Gain: 1440%
$279 Calls – Range: .05-1.04 – Max Gain: 1980%

The York Water Co. YORW

We also want to submit a fresh options idea this morning to coincide with an ideal chart setup on YORW. As you can see on the included snapshot, the stock began to rebound off of a multiple-bottom setup and looks as if it could easily make a run of at least a few dollars in a potential recovery.

We’ll be ready with a couple of contracts to track in the event that a more sustained upswing is in the cards, with the YORW 02/16 $30 & $35 Calls.

Extended Watchlist:
AES, CNET, RIOT, LFIN, OAKS, NBEV, MARA,

Blue Horseshoe Stocks: MYSZ Review & More

My Size, Inc. MYSZ

We’re quite familiar with MYSZ, and on December 22nd we highlighted the stock as a bottom-watch play in our premarket report to put it on our readers’ radar. The advanced alert made it possible for traders to squeeze every last drop out of what has become a considerable run up the chart.

Just a couple of sessions past the tag on the 22nd, we observed a low of .57 in the stock, and it hasn’t looked back since. We also included another reminder for MYSZ this past Friday morning. Yesterday, the stock impressively hit a new high of 3.58, marking an incredible 528% upswing in a matter of roughly two weeks.

The stock has been trading record volume over that period, with its all-time high being recorded yesterday. Incidentally the stock is in blue skies with yesterday’s high also representing an all-time peak for PPS as well. We’ll defintiely want to continue to track the activity in this momentous mover.

Fiat Chrysler Automobiles N.V. FCAU

We would like to take a look at the Fiat Chrysler options chain this morning. We noticed that the chart, which was already in a generally bullish pattern for the past several months, has been on the rise in a big way.

The company, which also owns the Jeep brand, reported bolstered guidance for Jeep’s growth, and it has created a scramble for FCAU shares. The stock is up in premarket trading, and we would like to signal the FCAU 01/19 $21-23 Calls for observation in coming sessions.

Extended Watchlist:
INPX, LBCC, RIOT, ATUS, GBT, EXAS, NBEV

Blue Horseshoe Stocks: PTOP Recap & More

Peer to Peer Network PTOP
.
Subsequent to our initial alert of PTOP on November 8th, we would observe the stock trading for as little as .0004 and it has gone on quite a ride since.

We were already mentioning the solid moves it’s made in recent weeks, but yesterday the stock broke out to new highs, trading up to .022. That works out to an incredible run of 5400% which might seem over the top if not for the fact that the sector has been under mass hysteria as Bitcoin recently touched new all time highs at $19,694.68. We’ve been all over the cryptocurrency/blockchain space since a BTC was worth just a couple thousand dollars, so to see how far its come in just a short time is highly impressive.

Like many other crypto plays, PTOP has been a hot ticket item of late, and will continue to be a point of focus for us moving forward.

Fresh Options Ideas

FedEx Corp. FDX – We want to signal some contracts in the FDX chain on the heels of the company’s post-market earnings release yesterday. Trading short term options after a strong earnings report has become our butter, and FDX was already building on a significant bull run leading into yesterday. We’ll have our eye on the FDX Weekly $245-250 Calls.

Blackberry Ltd. BB – BlackBerry is on the premarket earnings calendar this morning, and with record software and services revenue, could be in line for a big day. We’re going to monitor the BB Weekly $10.50-11.50 Calls

Extended Watchlist:
NETE, SRAX, CLSN, XIN, RIOT, AMPE, HMNY, OHAI