Tag: TSLA

Blue Horseshoe Stocks: Options Trading Ideas & More

Running Options Trading Idea – PBR

We keep going back to the well that is the PBR options chain, and almost never come up empty-handed. Just to recap this week’s action, we targeted the PBR November $16 Calls on Tuesday morning, and were promptly rewarded with an 35% intraday spike.

On Wednesday, we commented on the real possibility of seeing more action in PBR options as the stock pulled back and rebounded, and it only took until yesterday’s session to see that prediction met.

For the second time this week PBR breached the $17-mark, and as a result, the $16 Weekly Calls traded from .86 to 1.20, an intraday increase totaling 39%

Movers From Yesterday’s Watchlist

First Liberty Power Corp. FLPC
FLPC made a notable move right at the start of the session yesterday morning, opening up at .002 and rapidly running to .0027. That marked a quick chance at up to 35% in gains.

iHookup Social, Inc. HKUP
We also tagged HKUP, and the stock would provide a series of intraday swings of which one could have taken advantage; the two main thrusts were from .006-.0072 (+20%), and .0062 to .0069 (11%).

Added Notes:

The overall markets took a pounding yesterday, and after a contrary performance by TSLA which managed a positive move, the stock is pulling back today to a premarket low of 240.56. As long as support holds at that range, we’ll be expecting to see a bounce. If that proves to be the case, we’ll need to identify a proper options trading target.

Likewise, we’re looking for an upcoming bounce on the SPY which got drudged down along with the market yesterday. We may have an interest in trading SPY Calls, and should be ready for a rebound to come at any time.

SPIR (On Bottom-Watch)
We want to quickly make a note of SPIR as well. The stock fell to new 52-week lows yesterday; we always like to monitor plays like these for potential bottom bounces.

Extended Watchlist:
APT, OBCI, IBIO, DYNT, LAKE,

Blue Horseshoe Stocks: AAN, RFMD, FTNW & Extended Watchlist

Aarons, Inc. AAN – Options

One item of interest that we’ve been waiting to touch upon is AAN. We’ve watched as the stock has taken quite a beating over the past few weeks, and are presently scanning for a bottom. After losing so much ground over so short a time period, when support is found, the recovery on AAN could end up allowing for some rapid profits in the options chain.

While we need to first observe a solid base of support before setting our short-term call strategy, there are already a pair of longer-term contracts that we’re going to put on watch. The November 22nd $29 and $30 Calls (trading yesterday at 3.20 and 2.05, respectively) could see significant rises in value once a reversal occurs on the chart.

RF Micro Devices, Inc. RFMD

We brought RFMD up as a topic of discussion this past Friday, mentioning that the spike catalyzed by the release of record revenues was likely to lead to a classic ‘dip-and-rip’ scenario. That keen instinct has thus far paid off, as the stock did indeed dip to 10.74 before rebounding as high as 11.79 (+10%), achieving higher lows each day over the past four sessions.

As a result of the trend, we’re going to have our eyes on the September $12 Calls, which closed at .70 yesterday.

FTE Networks, Inc. FTNW

FTNW hit our news scanner this morning and will be a stock that we monitor as the trading session opens today. The PR alludes to some lucrative contracts, so we’ll be interested to see how it reacts to such significant press.

Extended Watchlist:
LPSN, FCEL, EVRY, ROSG, USU, JRN, TSLA (Earnings report)

Blue Horseshoe Stocks: GRCU, SPEX, Options & Extended Watchlist

Green Cures & Botanical Distribution Inc. GRCU

We made sure to tag this long-time favorite yesterday on its first day trading as GRCU (Formerly TTDZ), and the stock made a couple of nice swings for us.

It played out a dip and rip scenario, trading up to .039 first thing in the morning before coming back to bounce off of the ,029 -level and making a subsequent 21% move to .035. It dipped back to .029 once again before running back to .0325, tacking on an extra 12% to possible gains for the day.

Moving forward, we’d like to see GRCU hold support above yesterday’s swing-low of .029, and attempt to break through resistance at .039.

Green Cures’ product line is Green Magic, which is sold at allbotanical.com; They also have a product called Hemjoba, a phytocannabinoid (compound found in cannabis) topical pain relieving lotion.

With some key changes in management coming as well, we won’t want to let GRCU slip off of our radars in the foreseeable future.

Spherix, Inc. SPEX

After including SPEX in our Extended Watchlist yesterday, we were especially pleased with the monster session it put forth. After opening at 1.69, it traded all the way up to 3.20; a solid 89% move on huge volume.  If we’ve said it once we’ve said it a hundred times. Plays like these are exactly why it’s so important to monitor our Extended Watchlist plays as intensively as those that we feature. Hidden gems like this are turning up all the time.

SPEX has already traded in a range from 3.35-4.25 in pre-market trading this morning, so we’ll be open to the possibility of a nice bounceplay wif and when eventual profit-taking begins to pull this one back. Those just showing up to this party will want to be on the lookout for that reversal, and be ready to snipe some quick gains on a possible dip-and-rip.

Options Calls Continue To Pay Dividends on Record Bull Run

All of the big-board momentum plays that we’ve been tracking options in since last week continued to yield us prime opportunities yesterday. Multiple times, we’ve reminded readers of the high potential in PCLN, FB, TSLA, GOGO, DDD, and of course, AAPL.

If people were in-sync with our line of thinking heading into yesterday’s session, it’s highly likely that they came away with some serious profit trading options calls in any of these plays.

The bullish trend in the overall market hasn’t yet exhibited any clear signs of slowing down, even as it pushes to new all-time highs.

Extended Watchlist:
IGC, CYTR, FCEL, DRWI