Tag: UVXY

Blue Horseshoe Stocks: MBHC Update & More

Mobile Broadcasting Holding, Inc. MBHC

Our regulars will remember our coverage of MBHC from last month, We put the stock on our radars beginning on July 20th and tracked it to a really nice initial run from .0041-.0096 (+134%). Since then the stock consolidated a bit, and for the past few weeks, has been trading in a relatively narrow channel from around .0045-.0065, holding support off of its 50DMA the whole way.

At the time of our active coverage of MBHC, we were looking forward to the launch of the company’s mobile, real-time video broadcasting platform, known as the Whirld app. BETA testing has been underway, and this morning, we’ve received another update on the tentative date of the official launch, so we thought it would be a good time to begin monitoring the stock again.

When we find a play that’s capable of making double-bag gains in as rapid a fashion as MBHC did last month, we definitely want to keep our ears to the tracks. The new expected date of launch we can infer from this morning’s PR will be two weeks from this Friday. >> READ PR

Deere & Co. DE

Our options idea for DE worked like a charm on Friday. Subdued Q4 guidance and a 40% drop in profits led us to track the action in the DE $87-84 Puts. It wouldn’t have mattered which strike price traders chose to exercise, chances for monster gains were available across the board in every set of contracts in our target range. Here’s a breakdown of the possibilities:

$84 Puts – Daily Range: .30-.1.25  – Max Gain: 316%
$84.50 Puts – Daily Range: .44-2.08 – Max Gain: 372%
$85 Puts – Daily Range: .37-3.05 – Max Gain: 724%
$85.50 Puts – Daily Range: .87-2.38 – Max Gain: 174%
$86 Puts – Daily Range: .75-3.64 – Max Gain: 385%
$86.50 Puts – Daily Range: 1.15-4.01 – Max Gain: 249%

The stock is gapping down heavily this morning, so we’ll continue to watch Put contracts in the DE options chain with strike prices close to the money. In the event of a continued PPS decline, we could still see some good opportunities on the bearish side of the fence.

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Extended Watchlist:
CYPW, CRGP (Momentum Plays From Last Week)
Options: SPY(In-the-Money Puts), UVXY(Calls)

Blue Horseshoe Stocks: RUSS & More

Direxion Daily Russia Bear 3X ETF (RUSS)

By now we all have at least a limited awareness of the conflict currently underway in the Balkans, but just in case, let us provide a brief synopsis.

Ukrainian forces in the country’s eastern region have been clashing with militant separatists, even despite a recent cease-fire agreement. The separatists desire a return to Russian rule, and it appears that the group’s efforts have been aided by the Russian government.  As a result, heavy economic sanctions have already been placed on Russia, and it has been said that more are being explored.

The RUSS ETF trades with an inverse relationship to the Russian economy, so it’s conceivable that while Russia struggles with the economic repercussions of the conflict in the Ukraine, we could potentially see a protracted rise in this fund.

As you can see on the snapshot below, already it is showing indications of a reversal on the chart, exhibiting many of the characteristics of a prime bottom-play. As we kick off a new trading week, RUSS will be one of our primary items of interest.


Notable Mention From Friday

If you recall, we included a side note at the end of Friday’s report wherein we ventured that a market reversal and downturn could lead us to some interesting opportunities $22 UVXY Calls. While the markets overall continued their upward momentum, those traders who were quick on the draw could still have made a substantial profit from those contracts before they saw a pullback.

The $22 Calls made a strong initial push right out of the gate, running rapidly from 36-.63, a 75% intraday spike.

As you can see from the snapshot of the actual trade data of one of our top traders, significant profits were there for the taking early, even if one didn’t catch the low. From an initial block of $1860, he was able to cash out at the high of day for a 34% return in less than a half hour, leaving him with nearly $2500!

Extended Watchlist:
RIGL, BLDP, GEVO, BIOC, OCN

Blue Horseshoe Stocks: Wrapping Up Another Great Week

The Priceline Group, Inc. PCLN – Options

After honing in on PCLN options last week as the Expedia/Orbitz buyout was calling massive attention to the sector, we were able find significant gain opportunities. This week, we were treated to continued upward momentum courtesy of Priceline’s earnings release, and the chances to profit have once again been plentiful.

Yesterday morning, we formulated a daytrading idea to watch Weekly PCLN Calls in the $1180-1225 range, and we were not disappointed in the price action that followed. Any of the contracts in that range would have served traders well. :

At the low end of the spectrum the $1180’s traded in a daily range from $24-42, an intraday increase of 75%, while the action closer to the money, like the $1220 Calls, was even more intense. As you can see on the screenshot below, there were multiple swings in those contracts. They first dipped to a low of 3.35 before exploding to 8.30 (+147%) followed by another pullback to 4.00 and a subsequent run back to 8.80 (+120%).

Ascent Solar Technologies, Inc. ASTI

Another big performer from yesterday’s pool of tracked stocks was ASTI. After tagging it in our premarket extended watchlist the stock registered an early low of 1.36 and ran hard in the last hour of trading, touching a high of 2.08. That represented an intraday increase of 53%, and it came on roughly 16x the 3mo. average volume.

CollabRx, Inc. CLRX

Also standing out on yesterday’s report was CLRX, which ran hard out of the gate and made an initial move from 1.67-2.74. That worked out to a spike of 64%, also on heavy volume.

Side Note:

After so much upward momentum, the overall markets could be looking at a pullback today, and even amid a hefty downturn there should still be options opportunities on the table. If that is indeed the case we may be taking a look at potential trades of SPY $210 Puts, or $22 UVXY Calls.

Extended Watchlist:
CRC, MEIP, CLSN, EPRS, SAAS