Blue Horseshoe Stocks: New Highs for RIOT & More

AT&T, Inc. ATT

We signaled a range of  ATT calls (Nov 9th) to track on a extended term basis, the ATT 01/19 $34-36 Calls, and those contracts have increased considerably, with a bullish trend from T persisting over the past few weeks.

The stock surged to its highest price per share since early October during yesterday’s session, which caused impressive new highs in our targeted contracts. The range of potential gains so far are as follows:

$34 Calls – Range: .91-4.18 – Max Gain: 359%
$35 Calls – Range: .53-3.30– Max Gain: 523%
$36 Calls – Range: 37-2.36 – Max Gain: 438%

Riot Blockchain, Inc. RIOT

As we mentioned in yesterday morning’s premarket report, we were interested to see if RIOT could re-test and possibly breach its previous highs, even though we had already seen two significant swings.

The stock ended up behaving just as we suspected it might, gapping up to open higher than those previous marks, at 25.00, and running to a new high of 33.27 for an intraday rise of 33%, an excellent single session move for a stock in this price range.   We began tracking RIOT on November 2nd at a low of 6.33, and from there, yesterday’s peak pricing represents an upswing of 426% inside of 6 weeks!

Tenet Healthcare Corp. THC

On Monday morning, we signaled THC for observation as the stock appeared to be ripe for continuing its recent bottom-bounce. We mentioned yesterday that the stock was showing signs of a gap up and possible continued upward momentum, and we were spot on in our assessment.

From its low on Monday to yesterday’s high, THC has thus far made a move of 14% from 13.33-15.26, and while that has not facilitated big gains in the range of options we initially selected (01/26 $13.50-14.50 Calls), we expect to see that change if the stock can maintain its recent rebound over a more sustained period of time,.

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Blue Horseshoe Stocks: BBRY Recap, AEMD & More

Blackberry Ltd. BBRY – Options Review

We were very confident in the options ideas we formulated for BBRY in yesterday’s premarket report, which were the BBRY Weekly $9.50 & $10 Calls.  We pointed to the company’s convincing earnings beat as being the reason we felt a solid move was in order, despite the fact that it had just been hanging around the $9 area without a lot of volatility for the preceding few weeks.

A solid move is exactly what we got, with BBRY stock running from 9.78 to 10.83 on the day. That facilitated some fantastic gain opportunities for anyone who was following along with our ideas, which both produced multi-bag intraday upswings.

The $9.50 Calls traded in a range from .37-1.26 for a gain of 240%, while the $10′s ripped extremely hard from a low of .12 all the way up to .76. That worked out to an increase of 533% marking the second consecutive week where we’ve alerted on an options idea and seen a single-session gain of over 500% (KMX, last Friday).

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

Aethlon Medical, Inc. AEMD

The other top performer from yesterday’s premarket newsletter was AEMD, which, as you can see from the included chart snapshot, we alerted at the absolute perfect time. The stock had practically been in free-fall over the past couple of weeks, and we signaled the bottom with precision.

It traded in a range from 1.18 to 1.70, for a respectable intraday increase of 44% and closed at the high of day. This is a stock that was trading at nearly $4 just this month, and now we’re going to be monitoring to see how much of that ground it can recapture on the rebound. We’ll look for it to establish higher highs and higher lows. If it can manage to crack through the channel between the current 50DMA of 1.75 and September 11th’s swing high of 2.00, things could once again get very interesting for AEMD.

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