Blue Horseshoe Stocks: MMM Update & More

3M Co. MMM – Update

Fresh for yesterday morning’s report, we decided to highlight some MMM calls on the heels of the company’s earnings report, so we put the MMM Weekly $195-202.50 Calls on the radar.

Thanks to a solid intraday performance wherein the stock ran from a low of 194.20-199.89, there were some huge intraday moves from for traders to take advantage of promptly following the opening bell, which were as follows:

$195 Calls – Range: 2.24-6.00 – Max Gain: 168%
$197.50 Calls – Range: .67-4.34 – Max Gain: 548%
$200 Calls – Range: .71-2.80 – Max Gain: 294%
$202.50 Calls – Range: .27-1.55 – Max Gain: 474%

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Fresh Options Ideas:
AAPL Weekly $160-162.50 Calls
SPY Weekly $264-265.50 Calls



TrovaGene, Inc. TROV – Review

We last mentioned TROV on December 18th, and at the time the stock was trading down to an annual low of .503. Since then, we’ve seen a slow and steady recovery, which was kicked into a higher gear yesterday following news of Trovagene and PoC Capital entering an agreement to fund the development of Onvansertib in Metastatic Colorectal Cancer.

The stock ended up hitting .73, marking a 45% rise since we mentioned it. We will want to continue monitoring TROV for further advances from this point forward.


Extended Watchlist:
STAF, CREG, CRMD, EKSO, RGS, CLF, TOPS, WFT, ZYNE, IBN

Blue Horseshoe Srocks: More PBR Success

Petroleo Brasileiro SA (Petrobras) PBR – Recap

After doing quite well with some PBR options to close out last week, we decided to update our idea to some weekly calls for this week yesterday morning, as we rolled up our strike range to the PBR Weekly $14.50-15.50 Calls.

With the head of steam that PBR has been building over the past several sessions, it came as no surprise to see our fresh ideas flourish as well. All three sets of contracts produced solid single session gains to start off the week:

$14.50 Calls – Range: .50-.91 – Max Gain: 82%
$15 Calls – Range: .25-.65 – Max Gain: 148%
$15.50 Calls – Range: .11-.30 – Max Gain: 173%


Extended Watchlist Recaps:

Yesterday we went over a couple of plays that have done well from our daily Extended Watchlists, and today we’ve got a few similar updates on more solid performers that we’ve tagged within the past few weeks. 

General Electric, Inc. GE
Called: 12/13 (>>View Report)
Subsequent Move: 6.77-8.79 +30% (>>View Chart)

Roku, Inc. ROKU
Called: 12/26 (>>View Report)
Subsequent Move: 27.06-42.98 +59% (>>View Chart)
Bonus Options Idea: ROKU Weekly $43.50-45.50 Calls

Axsome Therapeutics, Inc. AXSM
Called: Yesterday (>>View Report)
Subsequent Move: 5.79-8.89 +54% (>>View Chart)


Extended Watchlist:
DRYS, TMK, BPMX, HCA, WFT, HX, EMES, AXON, DGX

Blue Horseshoe Stocks: ADIL, AMTX Review

Adial Pharmaceuticals, Inc. ADIL

Just as we were lauding ADIL yesterday morning on its recent bucking of the terribly bearish trend that had been building for several weeks, we get that epic one day reversal and bullish surge in the markets. It was especially fortuitous timing in the case of ADIL, being that it was already up considerably. The added boost took the stock to new heights, and added considerably to the positive movement we’ve witnessed over the past couple of weeks.

At the time of our initial alert on ADIL on the morning of the 13th, we saw trades going off as low as 2.55. As of yesterday’s new high mark set at 7.45, which represents a two week upswing of 192%


Aemetis, Inc. AMTX

As for the the other mention from yesterday’s premarket report, AMTX, it too felt the effects of the huge rally in the markets, trading up from a low of .60, up as high as .97. That worked out to an intraday push of 62%

Regardless of the market conditions, we’ll have a slot on our watch screens reserved for AMTX going forward, after the company just received a considerable round of non-toxic financing to effect the execution of the next phase of its business plan.



DVB Technologies, Inc. DVBT

Among the countless stocks that have been at or near their annual lows recently, we want to highlight DVBT, to watch going forward. There is a considerable gap on the chart which the stock has been beginning to fill. The opportunity for a considerable swing trade may be present, provided that yesterday’s activity wasn’t merely an isolated event in the midst of a continued downward trajectory for the markets in general.

In addition to the stock itself, we’ll also go ahead and signal some options to watch, specifically the DVBT 05/17 $7.50 & $10 Calls.
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Another Fresh Idea:
International Flavors & Fragrances, Inc. IFF 02/15 $130 & $135


Extended Watchlist:
SESN, SBGL, LILAK, PSTI, MYSZ, WFT, TVIX