Blue Horseshoe Stocks: Options Rehash & More

Kate Spade & Co. KATE – Recap

We began tracking a set of options ideas for Kate Spade in Thursday morning’s premarket report, targeting the KATE Weekly $20 and $21 Calls in the wake of earnings, despite the retail market as a whole being a bit shaky of late. We observed them at lows of 1.41 and .65, respectively.

We then updated our readers as to the excellent gains made by those contracts on Friday, but the party wasn’t over yet. New highs were reached in both cases, with the $20 Calls shooting as high as 3.65 marking a two-session swing of 159% and the $21 Calls topping out at 2.37, a two-day rip of 264%


Unilever PLC (UL)

New for Friday’s morning report was our idea on Unilever following its own earning  report. We caught the stock exhibiting some bullish premarket activity, and came forward to highlight the UL Weekly $42.50-47.50 Calls for potential daytrades.

We were spot on in targeting that range of contracts, as they all provided ample opportunities for intraday profits, including a chance at a massive windfall with the $47.50’s:

$42.50 Calls – Range: 3.80-6.18 – Max Gain: 63%
$45 Calls – Range: 1.40-3.60 – Max Gain: 157%
$47.50 Calls – Range: .05-1.33 – Max Gain: 2560%



Other Updates From Friday

VNUE, Inc. VNUE – We tagged VNUE in Friday morning’s extended watchlist, and it ultimately ended up being our top pick of the day on the stock side of things.

Starting out from a low of .0015, this subpenny streaker broke out to a subsequent high of .0033, marking a 120% rip on roughly three times the monthly average volume. We’ll want to keep an eye skinned for the possibility of further action, as VNUE ended up closing at its high of day.
______

Franchise Holding International, Inc. FNHI – Also performing notably was FNHI, which made more modest, yet still solid intraday moves. It started out with an early pop from .017-.0269, a 58% uptick, before pulling back to .019 and returning to .025. That added a 32% gain to the daily cumulative total.


Petrogas Co. PTCO – Potential Bottom-Play

We’ve pointed out on the chart below why we think that PTCO could be primed for a bottom-bounce breakout at any minute. The stock is currently looking oversold, with the price rebounding off of a previous support area, over just the last two trading days.

We’re going to want to watch this one like a hawk, as the technical seem to indicate a major run could occur in the very near future.


Wal-Mart Stores, Inc. WMT – Options Update

Lastly, we want to rehash a longer-term options idea we formulated for WMT back on January 31st. We noticed the stock rebounding off recent lows at the time, and signaled the WMT 03/03 $68-$69.50 Calls. It has been almost nothing but bullish activity on the chart since then, and those ideas have panned out quite nicely.

$68 Calls
– Range: .86-2.29 – Max Gain: 166%
$68.50 Calls – Range: .57-2.02 – Max Gain: 254%
$69 Calls – Range: .48-1.80 – Max Gain: 275%
$69.50 Calls – Range: .41-1.42 – Max Gain: 246%

Additionally, WMT is gapping up hard this morning in premarket trading, so we want to stay laser focused on these ideas, as our observed ranges are almost certain to see increases as a result. In fact, the WMT PPS is so high at this point, we’ll be looking to roll up to the range of $72-73 Calls if the bonanza on the WMT chart continues.


Extended Watchlist:
CYH, ADHC, AFPW, OWCP, GNBT,

Blue Horseshoe Stocks: NOUV Update & More

 Nouveau Life Pharmaceuticals, Inc. NOUV

As if the two-day, 1102% swing we had already witnessed from NOUV between Thursday and Friday weren’t enough, the stock continued to show volatility with a nice intraday move yesterday following its inclusion in our morning report.

NOUV traded in a range from .0046 up to .008, marking an intraday rip of 74% which came on roughly eight times the 3-month average volume. It also closed having held more than half of its daily advance, which puts us on alert to continue monitoring its activity as we progress through the week.

***Participate in our daily traders chats via Skype! The NOUV pick came courtesy of one of our regular participants in the room last week. It doesn’t matter if you’ve just started trading, or if you’ve been doing it for ages, all of our readers are most welcome. Simply send a Skype contact request to username: ‘stocksumo’ and join us!


New Gold, Inc. NGD

We want to place NGD on an extended bottom-watch after the activity which has transpired over the past few sessions. The stock fell off of a cliff, dropping more than a third of its total value in less than a full trading week. The move comes in conjunction with the announcement that production costs per ounce would rise in 2017, as well as the company coming up short on financing for the buildout of its ‘Rainy River’ mine by more than $100M.

While those are certainly noteworthy occurrences, we look at the rapid drop-off in PPS more as an opportunity to get some skin in the game at a discounted price. We’ll be watching NGD closely for a reversal, which admittedly might not happen right away, but could be quite a prime rebound opportunity when it does.

It’s worth mentioning that despite production costs per ounce rising from just under $700 to more than $800 for NGD, even at the higher figure, it still places them well in the profitability range (gold currently trading for, and at a significantly lower cost than many mining outfits.


Wal-mart Stores, Inc. WMT – Options Idea

Speaking of longer-term ideas, we’re looking at WMT this morning after the stock posted a near 9-month low on Friday, followed by a bullish candle to kick the week off yesterday.

It comes on the heels of the news that the retail giant had fired a shot across Amazon’s bow, with the revelation that it would be offering free two-day shipping on over 2 million items via Walmart.com, which cuts Amazon Prime’s main incentive off at the knees.

We’ll be very interested to see how the market responds to such a development over a longer time frame. In correlation, we’re going to be monitoring the activity in the WMT 03/03 $68-69.50 Calls in the days and weeks ahead.


Extended Watchlist:
QSIM, CEGX, ISBG, GMNI

Blue Horseshoe Stocks: FPVD Breaks Out & More

Force Protection Video Equipment Corp. FPVD

We were just mentioning how we wanted to stay on FPVD’s trail yesterday morning, after the stock had shown us a nice 64% move on Tuesday.

We identified .036 as a key point of resistance that we wanted to see broken, and not only did that happen, but the stock smashed through and kept on running to an impressive new high.

It traded in a range from .022 on up to a nickel, for an intraday gain of 127% which occurred on roughly 7 times the three-month average volume. From our observed low on Tuesday, it represented a session-over-session swing of 198%

The previous resistance we mentioned at .036 will now be the level FPVD will need to hold support at or above in order to maintain our attention going forward.


Wal-Mart Stores, Inc. WMT – Options Idea

We’ve had some excellent fortune recently with earnings-related options plays in the retail sector, and the opportunity to take advantage of yet another one may be ready to present itself today in the form of WMT.

Increased revenue for the quarter has led the retail giant to increase guidance for the remainder of the year, and the news is causing a notable gap-up here in the premarket. As the activity unfolds, we’ll be looking to possibly take advantage of WMT Weekly $73.50-76 Calls.


Extended Watchlist:
BBGP, BCEI, BONT, BLDP, THLD, SCYX, VRX

Blue Horseshoe Stocks: Recapping Tuesday’s Epic Session & More

Premier Biomedical, Inc. BIEI

First up this morning is a review of the eye-popping performance of BIEI so far this week. We included it in Monday’s premarket report and the stock ran 180% intraday from .003-.0084 during that session. After a strong close which we felt qualified it a prime momentum-play candidate, we reiterated our interest yesterday morning. BIEI rewarded us yet again!

From the previous day’s closing price of .0077, we witnessed the stock explode to a daily high of .0329, an excellent intraday move of 327% From Monday’s low of .003, the high represents a swing of 997% That puts BIEI just shy of ten-bagger status in a period of only two sessions!

Big cheers go out to any of our readers who were able to take advantage of this play.

___

VIDEO RECAP:

We’ve prepared a video chart this morning to go over the stellar performance of not only BIEI, but also a couple of other stocks that have recently appeared in our reports that had some nice moves of their own. Lithium Exploration group Inc. LEXG (.096-.19, +98%) and Pleasant Kids, Inc. PLKD (.12-.185, +54%) had both already provided us with huge opportunities heading into yesterday, and both added to those performances in a big way. View this quick video for the full breakdown:


Options Recap

We formulated some options ideas to include in yesterday’s report, and as has become a regular occurrence for us in the options-trading arena, they all went absolutely haywire!

Walmart-Stores Inc. WMT and The Home Depot, Inc HD,were both running on earnings in the premarket and as a result, we called out our interest in WMT Weekly $58-60 Calls and HD Weekly $123-126 Calls. It wouldn’t have mattered which strike prices were chosen by traders, big profits were possible in every single case:

WMT Weeklies
$58 Calls – Trading Range: 1.43-2.90 – Max Gain: 113%
$58.50 Calls – Trading Range: 1.06-2.41 – Max Gain: 127%
$59 Calls – Trading Range: .70-1.96 – Max Gain: 180%
$59.50 Calls – Trading Range: .45-1.50 – Max Gain: 233%
$60 Calls – Trading Range: .25-1.08 – Max Gain: 332%

HD Weeklies
$123 Calls – Trading Range: 1.20-3.36  – Max Gain: 180%
$124 Calls – Trading Range: .82-2.56  – Max Gain: 212%
$125 Calls – Trading Range: .46-1.78 – Max Gain: 287%
$126 Calls – Trading Range: .25-1.05 – Max Gain: 320%

It wasn’t our first spot-on set of options calls that led to chances for epic profits, and you can rest assured that it won’t be our last. For now, both of these options chains could provide us with even further opportunities, although we may need to look at rolling our strike prices up to stay close to the money. Especially in the case of HD, the $127 and possibly $128 Calls may see heavy action; the stock is gapping up again this morning as sector rival Lowes beat on earnings today as well.


Extended Watchlist:
ACTL, ADCF, AXPW, CDII, MARA, MHRC, PTRA

Blue Horseshoe Stocks: Fresh Options Ideas & More

Premier Biomedical, Inc. BIEI

The big standout from the group of plays that we posted for tracking in yesterday’s premarket report turned out to be BIEI, a stock that we’ve had on our radars since the end of last month. During a period where stocks have been uncharacteristically sluggish, we’ve still been managing to identify some prime movers.

After word circulated about the company obtaining patent rights to an interesting method of disease treatment, the stock began to run from an early low of .003, and hitting a high of .0084 well into the afternoon. Not only did this 180% intraday burst happen over a period several hours, giving plenty of folks the chance to get in on the action, but a majority of the daily advances were held into a strong close at .0077.

Trading volume was heightened as well, with the stock trading more than eighteen times the three-month running average. Based on that activity we’d classify BIEI as a momentum play, thus it will remain on watch. The stock will need to maintain support at Friday’s swing high of .004 on any pullbacks in order to hold our attention.


Fresh Options Ideas

After the rousing success of Friday’s epic options plays which yielded multiple chances at gains ranging from 230% to more than 990%, we think it’s about time that we formulate some new ideas to fit present conditions.

We’ve got a couple of early runners in Walmart-Stores Inc. WMT and The Home Depot, Inc HD, both of which are gapping up considerably in the premarket on the strength of Q3 earning beats. We’ve done exceptionally well playing the dip-and-rip on plays like these, and with the markets in general experiencing a rally this morning, we like our chances of seeing some notable intraday moves out of contracts in the following ranges.

Walmart-Stores Inc. WMT Weekly $58-60 Calls

Home Depot HD Weekly $123-126 Calls


Extended Watchlist:
CDNL, BCCI, EFUT

Get Our FREE Daily Reports!