Blue Horseshoe Stocks: AAPL Recap & More

Apple, Inc. AAPL – Options Followup

Only seven trading days have elapsed since we slated some longer-term Apple options ideas for observation on the 1st of this month. We were looking at the AAPL 06/01 $167.50 & $170 Calls and we’re pleased to return just over a week later to report that AAPL has mounted a heck of a seven day upswing, facilitating some fantastic gains in our flagged contracts.

So far the $167.50′s have traded in a range from 4.36-19.98, an increase of 358%, while the $170′s exploded 435% from 3.30 to 17.64.



Trip Advisor, Inc. TRIP Weekly $45.50 & $46 Calls

We also had some fresh options ideas in yesterday’s morning report, the TRIP Weekly $45.50 & $46 Calls. What we got from those, was a highly respectable intraday performance.

The $45.50 Calls surged up from .85-2.30 for a single-session rip of 170%, and the $46′s ran from 1.35-2.77, a 105% pop.



Helios & Matheson Analytics, Inc. HMNY

We want to place HMNY on intensive bottom watch this morning after noticing the setup on the chart. The stock has been absolutely punished over the past couple of trading days, and as you can see below, the RSI is now in heavily oversold territory.

The last time the stock was this oversold, at the beginning of April, it recorded an upswing of over 100% so we’ll want to keep an eye on its activities. at least for the remainder of the week, and possibly longer.


More Fresh Options Ideas:
ROKU Weekly $38-40 Calls
FARO 05/18 $50 & $55 Calls


Extended Watchlist:
AGS, CVNA, TVTV, MYSZ, VSLR, SSOL, RGSE, HMIX, EBIO, RUN

Blue Horseshoe Stocks: Options, RMRK Recaps & More


Options Recap –
We cast a pretty wide net with respect to options ideas in the retail sector in our premarket report yesterday morning, and our efforts didn’t go unrewarded. Both EXPR and AEO provided us with some nice chances.

Express, Inc. EXPR – We were tracking the EXPR 09/15 $6 & $7 Calls. The $6′s traded in a range from .45 -.92 for a gain of 104%, while the $7′s logged an even 100% double-bag run from .15-.30.

American Eagle Outfitters, Inc. AEO –   For American Eagle, we were looking at the AEO Weekly $12 & 12.50 Calls. The $12′s recorded our biggest options gainer of the day with a 212% move from .08-.25, and the $12.50′s were another even 100% push , trading from .05-.10 on the day.
______

More Ideas -
We’ll keep the post-earnings retail options train rolling today with two fresh sets of ideas using the Abercrombie & Fitch Co. ANF and Dollar Tree, Inc. DLTR chains. We’ll have the ANF Weekly $10 & $11 Calls, and the DLTR Weekly $78-82 Calls on watch as we head into week’s end.


Rimrock Gold Corp . RMRK

We included RMRK in yesterday morning’s premarket report, after noticing some abnormal activity building up in the previous session.

It was a good thing that we did, because yesterday’s performance from the stock was explosive. It traded in a range from .0006 to .0025 on the day, for a fantastic single-session rip of 316%

The move occurred on volume of more than 1.8 billion shares traded; an all-time high for RMRK.


Extended Watchlist:
OCLR, NPTN, MOSY, BSTG, SHLD, TTNP, SIG, RUN

Blue Horseshoe Stocks: BBLU Update & More

Blue Earth, Inc. BBLU – Update

While we most commonly look for short-term, quick-strike trading opportunities, every so often we’ll sneak in a longer-term play, and that’s just what we did on Tuesday of last week with BBLU.

BBLU had just begun to undergo a massive selloff with no prompt from a filing or news release. This caused us to take notice and tag the stock for extended observation. Our exact words were “We’ll go ahead and reserve a slot on our radar screens for BBLU with an extended bottom-watch designation. It’s far better to show up to the party early and be ready to strike immediately upon the slightest hint of a rebound.”

As it turns out, we were absolutely spot-on in our assessment of BBLU and how to approach it. After ultimately bottoming out at a low of .04 at the end of last week, the recovery has been a thing of beauty. BBLU caught fire and ran back to a subsequent high of .23, regaining its lost ground just as we suspected. That’s an incredible 475% swing!

As we point out on the chart below, things are still looking ripe for yet another leg-up, so we’ll keep a keen eye on BBLU in the sessions ahead.

Added Notes:

Speaking of bottom-plays, we have a couple of other familiar stocks that are just now trading at their own recent lows, and could be in line for recoveries.

We’ve been tagging them in our extended watchlists recently, and we’re going to have them both on a more intensive watch moving forward.

Axion Power International, Inc. AXPW

Skyline Medical, Inc. SKLN


Fresh Options Idea

We’ll look to further our success with options plays this week with an idea we feel has good potential based on a favorable earnings report.

Dollar General, Inc. (DG) is gapping up this morning into the $79-range, so we’re going to be on the lookout for a possible dip-and-rip situation, whereupon we’ll be tracking DG Weekly $78-80.50 Calls for possible daytrade and/or swing trades into tomorrow’s session.


Extended Watchlist:
AVXL, ANTH, BOX, RUN, HGG, PGEI, DEAC, SCIE

Blue Horseshoe Stocks: SPY Review & More

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

We continued to track our successful options idea from earlier in the week yesterday morning, as the SPY Weekly $188-191 Calls once again provided ammunition for some serious gains. Despite already having moved up considerably, we mentioned our expectations that those figures would be pushed higher and indeed they were.

As we did yesterday to save time, we’ll just outline the gains made by the bookend contracts of our observed range; similar gains would have been up for grabs in any of the contracts within. The $188 Calls extended their new high to 5.35, which represents a 226% overall move, and the $191′s  pushed to 2.68- a gain of 587% over Tuesday’s low.

In addition to tracking our initial idea, our trader’s chat participants* were offered a followup idea prior to the bell yesterday that yielded big-time profit chances as well. As you can see from the screen capture below, we mentioned the possibility of rolling strike prices up to the $189.50-193.50 range, and all of those contracts were winners as well.

To give an idea of the gains available in that range, the $189.50′s made a move from 2.14-3.99 (+86%), while at the upper end, the $193.50 Calls made a 326% rip from .23-.98. All in all, there was no way to go wrong with any of our SPY Calls as the overall markets solidified their first three-day rally of 2016.

*Participation in our daily trader’s chats which currently take place via Skype is fun, free, and as simple as sending a contact request to username ‘stocksumo‘. All of our loyal readers are encouraged to take part!


Catalyst Pharmaceuticals, Inc. CPRX

We’ve spotted what could turn out to be a solid rebound play in CPRX this morning. On the heels of the company’s announcement that the FDA had served it with a letter of refusal pertaining to a recent NDA filing, the stock absolutely tanked.

The caveat is, the notice came with assurance that it was not related to the clinical data or perceived efficacy of the drug in question, but a filing error only. This means that the stock lost a good portion of its value in a single day for what seems to amount to nothing more than a clerical error (see chart below). We’ll be very interested to monitor the stock in coming sessions and observe its reaction.


Extended Watchlist:
BRCD, GLUU, RUN, EPXY, ECPN, FILM, NUUU, NWPN,