Tag: TALK

Retail Recaps, Fresh Options Ideas

Holiday Week Wrap-Up:

After a restful weekend following the Thanksgiving holiday, we’re ready to hop back into the saddle, and ride out in search of opportunity once again. We’ve been a little short on earnings reporters lately, which is not atypical for the holiday season and may very well persist into the new year. We’ll continue to make do however we can, like we did on Friday with a pair of retail plays in WMT and TGT. We expect to be seeing a lot of the retail space over the next several weeks.

As for Friday’s targets for the half day, we were focused in on the WMT Weekly $150-152.50 Calls and the TGT Weekly $162.50-165 Calls. Each pair of contracts recorded one relatively nominal gain and one big, impressive multibag run for us.

WMT Weekly $150-152.50 Calls
$150: 2.00-2.73 (+37%)
$152.50: .05-.50 (+900%)
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TGT Weekly $162.50-165 Calls
$162.50: .27-1.43 (+430%)
$165: .04-.09 (+125%)

Fresh Options Ideas:
PDD Weekly $73-76 Calls
RYAN 12/16 $40 Calls

Extended Watchlist:
CLNV, GSTC, BRBL, CNNA, HLBZ, TBLA, COSM, KOLD, TALK, KTRA, NBRV, MICS

Blue Horseshoe Stocks: LOTE Recap & More

Lot78, Inc. LOTE

Yesterday, as we were congratulating those of our members who had caught our tag of LOTE in last Thursday morning’s premarket report, which ran 70% from .0037- .0063 on Friday,  we mentioned that our continued interest in the stock was predicated on it maintaining support above .0046. Not only did it manage to do so, but what followed was a monstrous session that carried it from subpenny territory, on into Pennyland! It was a truly excellent way to kick off the short trading week.

From a daily low of .0052, LOTE roared its way to an afternoon high of .0152. a move of exactly a penny, which provided the chance at intraday gains of up to 192%  From our observed low of .0037 from the prior session, that represents a two-day swing of 311% The move came in conjunction with the stock’s third-highest trading volume of 2016, and the close came just two ticks below the HOD, at .015.

We’ll certainly have LOTE, which now qualifies as a momentum-play, near the top of our watchlist as we progress through this holiday-shortened week. On any pullbacks, we’ll want to see the stock maintain support above a penny.

BIND Therapeutics, Inc. BIND

Another solid pick from yesterday’s report came in the form of BIND, a company that had filed for Chapter-11 this spring.

We caught this one on the heels of its acceptance of Pfizer’s $20M stalking horse bid, in which the pharma giant intends to acquire most of the bankrupt company’s assets barring the submission of any higher bids when the assets go to auction later this month.

As for the opportunity that was present following our inclusion of the play in yesterday’s morning report, BIND traded in a daily range from .57-.79, a respectable single-session rip of 39%  We’ll continue to track this play in the event it can hold support above yesterday’s swing low.

Santa Fe Gold Corp. SFEG

On Friday morning, we marked SFEG for tracking, and what has followed is two big sessions of solid gain opportunities. Before breaking for the holiday weekend, the stock traded in a range from .0115-.0165 for an initial gain of 43%

Then yesterday, things really took off in a northerly direction as the stock traded up from .0194 to an impressive new high of .044. That came out to a single-session jump of 127% and a two-day swing amounting to 283%

With the stock firmly in blue sky breakout territory, we’ll want to continue to keep an eye peeled to monitor its activity going forward. Considering the kind of volatility we’ve witnessed thus far, a dip-and-rip scenario could be waiting to play out on the chart.
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Added Note: Speaking of gold plays, the markets experienced a selloff yesterday, and appear to be in line for another possible downturn today. As such, we’ll look to these gold-related stocks as a corresponding idea.

AngloGold Ashanti Ltd. AU and Royal Gold, Inc. RGLD

Extended Watchlist:
GCHK, TALK, SOUP, DCTH,

Blue Horseshoe Stocks: Fresh Options Ideas & More

Horizon Pharma plc  HZNP

Good morning traders! We’re back to kick off another trading week, and we’re going to start off by taking a look at an early mover in HZNP. The stock is gapping up moderately on the tail of a mixed-result earnings release, as a well as the announcement of a 5M share repurchase program.

We’re interested in signaling a pair of options contracts in the HZNP chain for observation, should the bullish sentiment we’re seeing here in the premarket boil over into the session.

Our targets are going to start out as the HZNP Weekly $14 and 15 Calls. Key resistance is currently sitting at the 50DMA of 16.15. In the event that HZNP were to test and breach that boundary, we’d look to roll up our strike price to the $16’s.

Yelp, Inc. YELP

YELP was included in our watchlist on Friday, and the stock produced a bullish performance on the day. We observed a 13% rise on the day from a low of 23.66 to a high of 26.75. That’s a respectable single-session move out of a stock in this price range.

Moving forward, we’ll be watching closely for YELP to maintain support above its current 200DMA of 23.55. That will act as our deciding point on the chart. Should the stock hold above that level on any pullbacks, we’ll look for possible swing-trade opportunities in YELP Weekly $24-27 Calls. Failure to hold that price point would signal us to flip to the bullish side and the $27-24 Puts.

Square, Inc. SQ

We also want to put SQ on a bottom-watch this morning after a post-market earnings call on Thursday precipitated quite a bit of fallout during Friday’s session. Despite a boosted outlook for the remainder of 2016 and big-time growth compared to the same quarter last year, SQ was absolutely hammered.

That makes it fair game for a potential rebound in coming sessions, so we’ll have it on our radar for that possibility. If it appears that a recovery is imminent, we’ll look to use in-the-money calls to leverage some nice gains out of this play.

Extended Watchlist:
JNSH, BTSC, TALK, GEVO, SSYS, PTX,