Blue Horseshoe Stock: RIOT Recap & More

Options Review

We cast a wide net with a whole slew of options ideas yesterday morning, more than half of which turned out to be solid movers on the day.

We’ve been hitting the options pretty hard lately because it has continued to provide quality intraday opportunities for us, and we continued that trend with these calls, which exhibited the following moves:

VZ Weekly $51-52.50 Calls

$51: .50-1.17 (+134%) $52: .22-.60 (+173%) $52.50: .14-.42 (+200%)

SPY 07/25 $281-282 Calls
$281: .52-.90 (+73%) $281.50: .30-.60 (+100%) $282: .16-.34 (+112%)

LMT Weekly $325 Calls: 2.40-6.85 (+185%)
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Fresh Idea:

The Coca-Cola Co. KO Weekly $45-46 Calls


Riot Blockchain, Inc. RIOT

Back on the 9th of this month, we tagged RIOT for observation, and then again yesterday morning, just prior to a big boost for the stock in the wake of a Bitcoin rally.

Following the time of our initial alert, RIOT saw a low of 4.41, and as of yesterday’s run carrying it to it to a new high of 8.555, we’ve observed a 94% increase in just a couple of weeks.


Extended Watchlist:
VRAY, VICR, TER, CHFS, CRMD, TORC, BBGI(Bottom-Play)

Blue Horseshoe Stocks: DMPI Recap & More

Del Mar Pharmaceuticals, Inc . DMPI

We wanted to swing back around to recap the solid performance of DMPI since we tagged it the day after the Christmas break a couple of weeks back.

It was just a couple sessions later that the stock would find support at .96, and begin a pretty substantial run up the chart. It was helped along by the last six consecutive sessions registering higher base levels of support as the stock has crept all the way up to a high of 1.75, recorded on Friday.

That worked out to a move of 82% in less than two trading weeks, while volume over the same period has been heightened. The high coincided with the current 200DMA, so we’ll look for DMPI to possibly crack that 1.75 mark and head for blue skies.



Kohls Corp KSS

We want to include an options idea for Kohls as we kick off the first full trading week of 2018, on the heels of a solid earnings report.

The company posted strong sales for the holiday season, while giving a significant boost to full year guidance. Shares jumped accordingly in premarket trading, and we are going to be waiting with some targeted weekly contracts to coincide with the activity. We’re going to signal and track the KSS Weekly $58-60 Calls.


Extended Watchlist:
STX, UEPS, ARGS, SDRL, VRAY, NTEC, IMNP, KBSF

Blue Horseshoe Stocks: NEPT Recap & More

Neptune Technologies & Bioressources, Inc. NEPT

We want to follow up with NEPT this morning as the stock continues to break out to new highs. We originally slated this one for observation back on November 28th, and it has been a near-continual uptrend since then.

Subsequent to that November report, we would witness a low of 1.30, and as of the newly registered annual high of 3.10 yesterday, it marked a run of 138% in just over four weeks, with volume having been especially impressive this week. That high also represents

We will continue to track NEPT as long as it continues to register higher highs and higher lows. It is a cannabis play, but based in Canada, and thus relatively unaffected by recent statements from the DOJ which caused a selloff in many domestic pot stocks late this week.


ChinaNet Online Holdings, Inc. CNET

Speaking of multi-year highs, we tagged CNET in yesterday’s morning report, just in the nick of time to catch the first bullish activity the stock has seen since 2014. An unexpected entry into the crypto space via a new partnership (>> View PR) sent shares through the roof.

CNET traded up from a low of 2.76 and went on to hit 11.90, marking an intraday run of 331% on an all-time high number of shares traded on the day. Course correction is likely, but we’re defintely going to want to keep tabs on CNET moving forward, as dip and rip opportunities may present themselves.


Extended Watchlist:
ANY, AMRN, IMNP, DNLI, MARA, MYSZ, VRAY,