Blue Horseshoe Stocks: LULU Recap & More

Lululemon Athletica Inc. LULU – Update

We signaled a range of calls in the LULU options chain in the wake of the company’s earnings beat yesterday morning, and we were met with some fantastic opportunities at huge single-session gains.

Every one of the five sets of contracts, the LULU Weekly $83-85 Calls, produced a shot at double-bag gains on the day, which were as follows:

$83 Calls
– Range: 1.60-4.50  – Max Gain: 181%
$83.50 Calls – Range: 1.25-4.15 – Max Gain: 232%
$84 Calls – Range: 1.20-3.80– Max Gain: 217%
$84.50 Calls – Range: 1.00-2.90 – Max Gain: 190%
$85 Calls – Range: .82-3.24 – Max Gain: 295%

With such solid moves in just one day, LULU doesn’t owe us anything, but we’re still going to roll up our potential strike range and monitor the Weekly $85-86 Calls* as we finish out this short trading week.
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Fresh Options Idea:
Constellation Brands, Inc. STZ Weekly $222.50-230 Calls*

*Do NOT trade weekly calls on the last day of the week unless you are an expert level trader!


Elev8 Brands, Inc. VATE

As you can see from our commentary on the annotated chart below, we’re interested in the setup of the VATE chart at the moment. The stock just began to consolidate off of a sizable surge that had persisted for most of this month.

We’re going to put it on bottom watch, and look for an eventual rebound in the event it can maintain support at or above the .05-mark.


Extended Watchlist:
AYTU, AQMS, ESES, PTCT, CPRX, MARK, MYSZ. RAS

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Blue Horseshoe Stocks: LINU Recap & More

LiNiu Technology Group, Inc. LINU

We’re going to start things off today by providing an update on our coverage of a really nice move in LINU subsequent to our most recent alert on the stock from the morning of September 11th.

We observed a low of 1.05, and after a huge run on Friday, LINU reached as high as 3.20. It represents a very nice 205% move for us in under a month’s time. Volume over the saem period has been extremely elevated, and Friday’s session logged the highest single day volume in the history of the stock.


Constellation Brands, Inc. STZ – Options Update

After Constellation put out solid earnings and guidance on Thursday morning we highlighted our interest in the STZ 10/20 $210-220 Calls and they produced intraday gains of 84-142%

We reported this in Friday’s newsletter, mentioning that further opportunities could be on the horizon and we did see some good action for that session as well.

The $210′s traded in a daily range from 1.85-2.85 (+54%), the $215′s went from .65-1.05 (+62%), and the $220′s made a push from .25-.38 (+52%).


Extended Watchlist:
SANP, BLDP, MTBC, CDNA, TROV, CLNT, CYTX

Blue Horseshoe Stocks: MNKD Recap & More

MannKind Corp. MNKD

We’ve been tracking MNKD pretty closely since April (saw a low of .6662 in May), and more recently, mentioned it in both Monday’s and yesterday’s premarket reports.

The intraweek swing made by the stock has been rather impressive, as it ran from a low of 2.01 on Monday to a new high of 6.51 yesterday. That works out to an increase of 224% Even readers who only caught yesterday’s alert still had a shot at gains of up to 80% (3.62-6.51).

Now’s a good time to mention our daily traders chats for the first time in awhile. These Skype-based live chats are open to any of our readers (Send contact request to “stocksumo”), and often provide added ideas over and above what we include in our daily premarket newsletters.

We signaled the MNKD Weekly $3.50 Calls and as you can see on the included snapshots, those subsequently ran from .40-2.80 for an intraday burst of 600%


Today we’ll want to keep an eye on the $5.00 and $5.50 Calls* in case MNKD wants to test that 6+ range again. We may also look to the 10/20 $5.50 and $6.00 Calls for possible swing trades in coming sessions.

*Important: Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s extremely risky.


Constellation Brands, Inc. STZ – Options Update

After a premarket earning beat and outlook hike. we alerted on a range of contracts in the STZ options chain yesterday morning. We were looking to the STZ 10/20 $210-220 Calls and all three produced notable moves on the day.

The $210′s ran from 2.05-4.96 (+142%), the $215′s from 1.10-2.37(+115%), and the $220′s from .55-1.01 (+84%). We’ll definitely want to continue to keep an eye on these calls, which don’t expire for another couple of weeks.


Extended Watchlist:
CDNA, XXII, KTOV, SNCR, TROV, DELT, GIGA, CEI

Blue Horseshoe Stocks: RGSE Review & More

Real Goods Solar, Inc. RGSE

We put RGSE on watch in yesterday morning’s premarket watchlist, and it turned out to be the number one gainer of the day for us.

The stock traded in a range from 1.78 up to 3.25, for an intraday gain of 83% on immense volume of more than 410X the monthly average. It marked the second time this week that we caught a huge PR which rocketed a previously stagnant stock into the stratosphere, after seeing the same thing with ECYT on Monday.

The company entered into an exclusive license agreement with The Dow Chemical Company for the POWERHOUSE™ solar shingles system, an innovative and aesthetically pleasing solar shingle system developed by Dow. (>>View PR)

We’ll continue to keep an eye on this play and watch for the establishment of higher highs and higher lows in coming sessions.


Constellation Brands, Inc. STZ – Options Idea

We’ve been waiting for a solid earnings beat gapper, which is typically the type of play we look for with regard to quick strike options ideas. STZ fits the mold today, after posting enhanced profits and outlook this morning.

The stock has been in a general uptrend for the whole of 2017, trading in an upward channel and is presently gapping up to new all-time highs. The range of calls we’ll be tracking after what could very well be a classic dip-and-rip formation are going to be the STZ 10/20 $210-220 Calls. That gives us a couple weeks to potentially see one or more significant swing trade opportunities.


Extended Watchlist:
ATOS, APVO, CDNA, COLL, INO, CLSN, ONVI, CERS

Blue Horseshoe Stocks: Reviewing June Winners & More

Moleculin Biotech,  Inc. MBRX

We wanted to circle back for an update on MBRX this morning, a stock that we signaled on June 21st, after noticing some abnormal activity the session prior.

Shortly thereafter we would witness a low of .96 in the stock, from which it would never look back. MBRX has been on a multi-day tear, with things really heating up yesterday. It ripped its way to a new high of 3.38, on more than 16 times the monthly average volume. That represents a total rise of 252%

We’ll continue to stay hot on the trail of MBRX for as long as it continues to build higher base levels of support.



Spherix Corp. SPEX

The day before the above-mentioned play, on June 20th, we highlighted SPEX after noticing the stock trading near a bottom, and it has been one heck of a ride since that time. We’ve seen this play run from a low of .9505 all the way up to 2.23.

The bulk of that move came in yesterday’s session wherein the stock also traded massive volume, so we’ll be on the lookout for a possible momentum spillover as we head into week’s end.


TrovaGene Inc. TROV

It was back on June 12th that we initially slated TROV for observation. The stock had been trending up off of recent relative lows since the beginning of this month.

Subsequent to our alert, we would witness a low of .85 in the stock and despite some swing-action, TROV has been in a general uptrend ever since.. As of the new high achieved in this morning’s premarket (1.60) it marks an increase of 88%


Constellation Brands, Inc. STZ – Options Idea

We’ve used the STZ optuions chain to our advantage in the past. The most recent occasion was last April, when we scored multibag gains with $155 Calls. The stock has been in serious growth-mode since then, and with a hearty, untraded-upon Q1 earnings beat this morning, we want to signal a range of contracts to watch once again.

The stock is gapping up to the $200-range today, and we’re going to be waiting in the wings with the STZ 07/21 $190-210 Calls.


Extended Watchlist:
GRPN, CHFS, SPLS, IMNP, LODE, INNMF