Tag: ULTA

Blue Horseshoe Stocks: Options Review, Other Updates

Options Review

Just to refresh our readers’ memories, we highlighted a range of call contracts for three separate plays on Friday, and we’re pleased to report that sizable gains were there for the taking regardless of which idea was chosen. It marked the continuation of a flawless streak of such ideas that we offered up over the past few weeks.

Our tracked calls and the magnitude of the gains that were available were as follows:

SPDR S&P 500 (SPY) Weekly $199-202 Calls – We’ve successfully played the SPY so many times it doesn’t even bear counting, and Friday was no different. From the low end of our range to the high, gains of 80-427% were made.

Finisar Corp FNSR Weekly $15 and $16 Calls – An earnings beat made the gains in FNSR calls possible, with the $15’s running 88%, and the $16’s making a 92% upswing.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA  Weekly $175-185 Calls –  Last but not least, we had the ULTA contracts on our watchlist bank gains running from 59-117%

Again, it was yet another great week for options, and we’ll be doing everything in our power to keep the streak alive with some more ideas this week so be sure to stay tuned!

Friday’s Stock Gainers

In addition to our great success with options plays from Friday’s morning report, we had a number of other intraday movers which were also highlighted.

Propanc Health Group Corp. PPCH

This was our top-billed mention on Friday, having been following it for most of last week. A string of solid performances led the stock on a great intraweek run to that point which spanned from our observed low of .0188 to .037 (+97%) in just a few sessions.

We saw even more gains tacked on there during Friday’s trading, wherein we witnessed another nice intraday pop from the daily low of .0355 to .0516 (+45%), and the high extended our total observed range to an impressive 174% in a matter of four sessions.

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Mexus Gold US (MXSG)

Mexus was another point of discussion in Friday’s newsletter, and it too saw appreciable gains on the day.

We’d already been very familiar with the stock after tracking over a more than 1000% move in early February. We then re-tagged it the Wednesday before last and subsequently witnessed a 61% swing from .011-.018.

Friday’s session brought a continuation of that run from .017 to a high of .0299, a 71% intraday rip, and increased the total swing range to 172%

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Spectrascience, Inc. SCIE

SCIE was included in Friday’s tracklist and the stock would end up trading in a range from .003 to .0047, for total possible intraday gains of up to 56% on slightly heavier than normal volume.

It also managed to close just a tick below the high of day, so we’ll keep an eye peeled for the possibility of momentum spillover into this new trading week.

GW Pharmaceuticals, Inc. GWPH

We want to pin GWPH to our tracklist after catching a significant PR coming across the wires this morning. Late-stage studies on a cannabidiol (CBD) treatment of a rare pediatric disease has yielded positive results, and the stock has thus far gapped up over 100% in the premarket.

We’ll take our classic stance of monitoring for a possible dip-and-rip situation and look to get positioned in some in-the-money Calls, dependent upon where the bounce occurs.

LONDON, March 14, 2016 (GLOBE NEWSWIRE) — GW Pharmaceuticals plc (GWPH) (GWP.L) (“GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announces the positive results of the first pivotal Phase 3 study of its investigational medicine Epidiolex® (cannabidiol or CBD) for the treatment of Dravet syndrome. (>> FULL PR)

Extended Watchlist:
DDD, TFM, GBIM, HPTG, USAR, IEEC, ASTI, SVTE

Blue Horseshoe Stocks: Updates on PPCH, Options & More

Propanc Health Group Corp. PPCH

We played PPCH like a fiddle this week, after calling attention to it in Tuesday morning’s premarket report. That morning, we observed a low of .0188 and the stock hasn’t looked back since. What followed has been three consecutive sessions of higher highs and higher lows.

Yesterday’s intraday performance alone was quite respectable, with PPCH running from a daily low of .0225 to a new high of .037. That represented a spike of 64% on the day, and a total increase of 97% over our observed low from Tuesday.

We’ll be interested in PPCH as long as it maintains support above the current 50DMA (.019), while the next bank of resistance is sitting at the 200DMA at .042.

Dollar General, Inc. (DG)

We offered our two cents on how to take advantage of Dollar General’s earnings beat yesterday, and that was with the DG Weekly $78-80.50 Calls. With the exception of the 80.50’s, which didn’t trade much volume, every one of the contracts in our target range exploded for exponential gains!

$78 Calls – Trading Range: .55-5.00 – Max Gain: 809%
$78.50 Calls – Trading Range: .40-4.70 – Max Gain: 1075%
$79 Calls – Trading Range: .60-3.53 – Max Gain: 488%
$79.50 Calls – Trading Range: .27-2.10 – Max Gain: 678%
$80 Calls – Trading Range: .66-2.79 – Max Gain: 323%

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Bonus Options Ideas*:

SPDR S&P 500 (SPY) – Weekly $199-202 Calls

Finisar Corp FNSR – Weekly  $15 and $16 Calls

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Weekly $175-185 Calls

*As we always do, let us warn our readers o  the extreme caution which must be exercised by anyone attempting to trade weekly contracts on Friday. It’s a high risk proposition, and not for the faint of heart!

Mexus Gold US  MXSG

We also want to take a second and update readers on another of our recent successes. MXSG started appearing on our radars back on February 5th when it was as low as .0016. In a little over a month’s time we’ve witnessed a 1025% gain (a/o yesterday’s .018 high).

Those who may have missed that original alert still could have caught our reminder this week on Wednesday. The stock was trading as low as .011 at the time, and at yesterday’s high mark, we’d seen a two-session swing of 64%

Extended Watchlist:
VDRM, CABN, CDCH, POTG, FRO, CRK, WLL, BCEI

Blue Horseshoe Stocks: Earnings Beats & Bottom-Plays

Bottom-Bouncer Watchlist

Each of the following stocks qualifies as a bottom-bouncer, a couple of which are just coming off freshly-set annual lows. They’ll be reserved a place on our radar as the week comes to a close:

Organovo Holdings, Inc. ONVO – In recent weeks this stock has been under consolidation, and yesterday it found a new 52-week low of 3.99 before rebounding into the close in the low 4.40’s. This morning ONVO is gapping up into the 4.60’s. We’ll have our eyes on this stock, likely over the next few sessions as it attempts to recover off of its annual low.

Neuralstem, Inc. CUR – Following some ill-received news on its ALS drug currently under study yesterday, CUR absolutely fell off a cliff. It’s gapping up in the premarket, so we’re anxious to follow it today. Stocks that get blasted on knee-jerk reaction to news can often see a rapid recovery, so our interest is high in this case.

Endeavor Silver Corp. EXK – This stock is also coming off of a new 52-week low that it recorded on Wednesday. It managed to make higher highs and higher lows during yesterday’s session, and we’ll look for it to continue that trend moving forward.

Earnings Beat Watchlist – Options Ideas

The next pair of companies each had an earnings beat, and are both gapping up over 10% in premarket action this morning. What we’ll do is monitor for dip-and-rip scenarios, and take advantage of In-the-money Calls on the rebound:

El Pollo Loco Holdings, Inc.  LOCO – For this one, we want to radar Weekly $25-26.50 Calls for possible day-trading opportunities.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Here we’ll be observing the action in Weekly $154-155.50 Calls

Extended Watchlist:
FXCM, SPPI, NSPH, WLT, NETE