Blue Horseshoe Stocks: RARX Review & More

Ra Pharmaceuticals. Inc. RARX

It was the morning of December 12th that we most recently highlighted RARX, and it is one stock that has weathered the ups and downs of the past few weeks quite well. In fact, subsequent to that report, we’ve observed a run from a low of 15.23, up as high as 22.15. That amounts to a run of 45% which is highly respectable for a $15+ stock over a short time span.

That high also represented a new 52-week high for the stock, which is especially impressive when you consider that most stocks out there are just now coming off of recently established annual lows. We’ll be highly interested to see if RARX can continue to push its upper limits.

For what it’s worth, our first-ever mention of RARX came last February, when it was trading at less than $6/share.


Petroleo Brasileiro SA (Petrobras) PBR

We’ve got a long history with PBR options that stretches back years, as you can see in our PBR Archive. Like a lot of other stocks we’re seeing, PBR is coming off of recent relative lows, and has gained a quick boost from the loosening pressure on the markets over the past week.

PBR has breached its 50-day moving average in the premarket, and we want to line up a pair of quick-strike options trading possibilities to correspond with this volatile activity. We’ll be watching the PBR Weekly $14 & 14.50 Calls.


Extended Watchlist:
ICON, SBS, MYSZ, NVCN, APDN, BTAI, VLRX, IMMR

Blue Horseshoe Stocks: Form-4 Alert & More

Options Updates 

We offered up a couple of fresh options ideas in yesterday morning’s report, GIS Weekly $37.50 Calls, and the MU Weekly $31-32 Calls. Despite the markets taking yet another hit in the wake of the Fed’s interest rate hike, both of those ideas managed to produce some positive intraday movement prior to the announcement.

The GIS $37.50′s traded up from 1.31 to 1.80, for a modest 37% rise, but the MU calls did considerably better, logging multi-bag gain opportunities:

MU Weekly $31-32 Calls
$31 Puts – Range: 1.03-2.47 – Max Gain: 140%
$31.50 Puts – Range: .70-2.21 - Max Gain: 216%
$32 Puts – Range: .46-1.83 - Max Gain: 298%


Axovant Sciences Ltd. AXON – Form-4 Alert

We routinely keep an eye out for brow-raising insider trading activity, and have run across AXON today. A trio of stakeholders filed Form-4′s on Tuesday alluding to the purchase of a total of $30M in AXON stock in three $10M transactions, at the current relative lows near a dollar. That amounts to over a quarter of the company’s total market value.

To us, this would seem a fairly big indicator that these institutional investors are very confident that the stock will not fall below these levels. We’ll go ahead and place AXON on an extended term bottom-watch into the New Year.


Extended Watchlist:
OHGI, OPTT, YRIV, GMO, PTX, GERN, SBS, NXTD, MARK, HEAR

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Blue Horseshoe Stocks: Fresh Options Plays

DSW, Inc. DSW – Recap

Yesterday morning, we decided to highlight the attractive chart setup on DSW with the stock  trading at its lowest PPS since May. Despite another tumultuous day for the markets at large, DSW made an early dip-and-rip that savvy traders could have taken advantage of.

We designated the DSW 12/21 $22.50 & $25 Calls and were met with instant success. Both of those contracts produced significant gain opportunities in the first half of the session. The $22.50′s ran from a low of 2.05 and reached as high as 3.50 for a gain of 71% The $25′s fared even better, posting a multi-bag pop from .65-1.50, a 131% move.
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Fresh Options Ideas:
Apple Inc. AAPL 01/25 $175-180 Calls
Netflix Inc. NFLX 01/25 $290-300 Calls


Extended Watchlist:
SBS, RARX, FOMX, CORT, ESES, FIVE. SID, ASNA

Blue Horseshoe Stocks: HSY Options & More

The Hershey Co. HSY

We’re looking at one of the biggest players in the Halloween candy game in Hershey as we kick off a fresh trading week. The company reported its Q3 earnings on Thursday, and despite a frosty reception from Wall Street, we are liking the look of this play.

The company asserts that it is on a good path, having had what the CEO calls a game changing year. While the stock did see its biggest daily loss since 2016 on Thursday following the report, it did not turn into a multi-day slide. Coupled with what looks to be another rebound day for the markets at large, and we’re interested in signaling a few HSY Calls.

We’ll place the HSY Weekly $102-104 Calls on watch this morning.

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Bonus Idea:
Nutanix, Inc. NTNX 01/18 $42.50 & $45 Calls


SPDR S&P 500 ETF (SPY)

On Tuesday, we noted that with such a sharp and rapid downturn in the markets, that a rebound was certain to be in the cards for the SPY. It led us to signal interest in the SPY 10/31 $275-277 Calls, which will certainly be in play today as the SPY is gapping up big this morning in the premarket.

We’ll be back tomorrow morning with a recap of what is likely to be a cleanup session for these plays today.


Extended Watchlist: 
DPW, ESES, XSPA, AKER, SBS, TLRY, AMRN, NXTD, STNE

Blue Horseshoe Stocks: Options Explosion

Big Time Options Success
We included a trio of options ideas in yesterday morning’s premarket report, and with the type of consistent success we have had in the options trading area recently, it should come as no surprise to any of our readers that we scored the hat track.

We’re in the thick of Q2 earnings season, with big name companies reporting left and right. We will continue to milk this cow for as long as possible. Take a look at the single-session gains that were available in yesterday’s watchlist, and read on to get some fresh ideas to close out the week.

AMD Weekly $16.50 & 17 Calls
$16.50 Calls – Range: .49-1.93 – Max Gain: 293%
$17 Calls – Range: .25-1.40 – Max Gain: 460%
Updated Idea: $18-19 Calls

QCOM Weekly $62.50-64 Calls
$45.50 Calls – Range: .20-1.21 – Max Gain: 505%
$46 Calls – Range: .13-.82 – Max Gain: 531%
$45.50 Calls – Range: .10-.50 – Max Gain: 400%
$46 Calls – Range: .06-.27 – Max Gain: 350%

UAA Weekly $21.50-23 Calls
$45.50 Calls – Range: .43-.97 – Max Gain: 126%
$46 Calls – Range: .06-1.00 – Max Gain: 1566%
$45.50 Calls – Range: .14-.71 – Max Gain: 407%
$46 Calls – Range: .05-.57 – Max Gain: 1040%
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Fresh Ideas:
Whirlpool Corp WHR 08/03 $129-131 Calls
Chipotle, Inc CMG Weekly $467.50-475 Calls
Yum China Holdings, Inc. YUMC 08/17 $37.50-42.50 Calls


Extended Watchlist:
EXPE, CRMD, ISR, SBS, CHK, MEIP, GST