Blue Horseshoe Stocks: ETSY Recap, New Ideas

Etsy, Inc. ETSY – Update

Yesterday morning, we floated a couple of fresh options ideas, as we have become accustomed to doing, and ETSY was one of those ideas. We signaled our interest in the ETSY 03/15 $60-65 Calls, and while they didn’t exactly set the world on fire, we did see some very nice first-day gain opportunities from that idea.

The $60 Calls traded in a range from 6.39-10.20 on the day, marking a move of 60% The $65′s fared marginally better, putting up a run from 3.49 to 6.42, which marked a rise of 84% Those were some modest, yet very respectable single-session rips, and with nearly three weeks remaining before they expire, we’ll go ahead and keep these plays on our radar going forward.



Fresh Options Ideas:
Weight Watchers Intl. Inc. WTW Weekly $23-20 Puts
GW Pharma plc GWPH 03/15 $165-175 Calls
Lowes Companies, Inc. LOW Weekly $108-110 Calls


Extended Watchlist:
SMLP, PLNT, MED, BG(Bottom Watch)

Blue Horseshoe Stocks: WTW Recap & More

Weight Watchers International, Inc. WTW – Recap

To close out the week on Friday, we left off with a bearish idea on Weight Watchers, and with the help of a another down day for the markets, a couple of the plays we were tracking in the range of the WTW Weekly $58.50-56.50 Puts, did quite well for us even as other ideas fell by the wayside. .

WTW opened just under its daily high of 56.10, and fell all the way back to the $48 range. That allowed for some nice gain opportunities in a pair of our designated targets:

$57.50 Puts – Range: 2.66-9.11 – Max Gain: 242%
$57 Puts – Range: 2.54-9.15 - Max Gain: 260%



Thunder Energies Corp. TNRG

It has been quite awhile since we mentioned any penny stocks in our reports, especially when you consider that those were our primary areas of focus many years ago. Lately we have become mainly focused upon big board stocks and options plays, but every now and again a penny will catch our eye.

Such is the case with TNRG, a stock we’re interested in tracking for a couple reasons. Along with a tight share structure, we’ve also observed a recent, significant rise in volume. The company has also just satisfied the conditions on some Convertible Promissory Notes.


Extended Watchlist: 
GSAT, JKS, CRMD, GPOR, CRON, IGCC

Blue Horseshoe Stocks: Quick Strike Ideas

India Globalization Capital, Inc. IGCC

First up this morning is a recap of IGCC following its inclusion in our premarket extended watchlist yesterday. The stock didn’t blow its lid, but it did continue the solid run of intraday performances off of its lows from earlier this week which were precipitated by the company’s recent delisting from the NASDAQ down to the OTC Markets.

The stock traded in a range from 1.22-1.84 before tapering back off, which stood as an intraday gain of 51% We’re going to look for IGCC to continue to fill the remaining gap on the chart. As you can see on the included snapshot, the MACD is also beginning to converge toward a bullish cross.




Fresh Options Ideas*:

Alibaba Group Holding Ltd. BABA - After beating on earnings and missing on revenues, BABA surged this morning, making it our prime bullish target among companies that reported their quarterly earnings today. We’re going to focus on the BABA Weekly 152.50-160 Calls*.
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SPDR S&P 500 ETF (SPY) – We’ve had some good luck with the SPY this week, which isn’t all that surprising when considering the fact that we have a long documented history of success with this fund. We’re so deep in the money with our previously targeted calls, that we’re going to go ahead and roll up our potential strike prices to the SPY Weekly $274.50-276 Calls* as we close out the week.
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Weight Watchers International, Inc. WTW – Strangely enough, despite also beating on earnings and missing on revs like the aforementioned play, WTW took a gut punch and appears on track for a bearish session. We’re going to be tracking the WTW Weekly $58.50-56.50 Puts* as a result.

Bonus Idea: AMD Weekly $20-21 Calls*

*NEVER trade weekly options on a Friday unless you’re an expert level trader with disposable funds!



Extended Watchlist: 

AMCN, SGYP, CPHI, HEAR, CRC, LCI, PACB, SLS

Blue Horseshoe Stocks: PIRS, Options Recaps & More

Pieris Pharmaceuticals, Inc. PIRS

We tagged PIRS in yesterday morning’s premarket report via the extended watchlist after the company released some press regarding a strategic partnership with pharma giant AstraZeneca. That’s all many traders needed to hear, as an incredible amount of buying came in, with volume on the order of more than 206 times the 30-day average.

That massive momentum gave PIRS a steady push in a bullish direction, as the stock rose from a low of 3.0299 to a high of 3.97, a solid intraday climb of 31% We would be quite surprised if that was last of the bullish activity in PIRS after such a big announcement and subsequent massive accumulation of shares.


Weight Watchers International, Inc. WTW – Options Recap

Our fresh options idea for the day yesterday was to track the WTW Weekly $24-25 Calls after noticing elevated post-earnings (out Tuesday) activity. Oprah’s association with the company that began at the end of 2015 has had a lasting positive effect and led to increased revenues and a heightened outlook for the remainder of the fiscal year.

Were looking for these things to drive some movement in the contracts we were looking at, and that’s just what happened early on in the session. Any of the three sets of contracts within our highlighted range would have given traders the opportunity to bank multi-bag profits right from the opening bell. The following gains were up for grabs in the first 45 minutes of the session.

$24 Calls – Range: .52-1.33 – Max Gain: 156%
$24.50 Calls – Range: .40-.81 – Max Gain: 102%
$25 Calls – Range: .32-.65 – Max Gain: 103%

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DISH Network Corp. DISH – Options Recap

Our bearish options idea from Monday morning’s premarket report was to monitor the DISH 05/12 $62-60 Puts after noticing that not only did DISH have a disappointing earnings release, but that the chart was also looking top-heavy prior to that.

Our idea has worked out exceedingly well, whether traders took our suggestion to go with the contracts expiring next week as we listed, or simply went with the weeklies, which also made massive moves. Here are the potential gains that were up for grabs on our listed contracts:

$62 Puts
– Range: .40-1.48 – Max Gain: 270%
$61.50 Puts – Range: .40-.91 – Max Gain: 127%
$61 Puts – Range: .21-.50 – Max Gain: 138%
$60.50 Puts – Range: .26-.43 – Max Gain: 65%
$60 Puts – Range: .10-.50 – Max Gain: 400%


First NBC Bank Holding Co. FNBC

Monday, on FNBC we commented that “we’ll have to monitor this one for its bottom, but after it’s reached we could in in for a heck of a bounce”. That bottom came the very next day at .0932 and yesterday, the big bounce we were mentioning came to pass as FNBC rushed to a high of .35.

That works out to a fantastic two-day swing of 276% and with the stock gapping up slightly in the premarket today, we could see an extension of those gains.


Extended Watchlist:
  APHD, MNKD, APTO, APHB, RNVA, SCON

Blue Horseshoe Stocks: BLDV Review & More

Blue Diamond Ventures, Inc. BLDV

One among the many great calls to come out of our daily live trader’s chats* recently, BLDV came into view for us on Thursday April 20th, as the stock was mentioned in the room and subsequently went on a big run from .0005-.0017 (+240%).

We brought it up in our premarket report the following day, and the run continued from .0016-.0029 (+81%). After that a slight pullback occurred over the next session, but since then the stock has been on the rise again, and this week has brought new highs.

Yesterday, after appearing in our morning report once again, BLDV went on another tear and reached a new high for us. The stock made a 42% intraday push from .0036 and hit .0051. From our observed low of just nine sessions earlier, the stock has increased by an incredible 920%

Even those who missed the initial chatroom call and only caught BLDV in our premarket report on Friday the 21st at its low of .0016 that day, still had a chance at up to 219% in gains. The stock had a pretty strong close on high volume, so we’ll continue to monitor its progress even though it has already served us so well.

*Finding opportunities in the premarket is a big part of what we do every single trading day, but sometimes the real movers don’t reveal themselves until regular market hours commence. That’s where the chatroom comes in, giving ourselves and our participants the chance to spot and share the big movers as they crop up. Send a Skype contact request to ‘stocksumo‘ to get involved with our trader’s chats!



Balmoral Resources, Ltd. BALMF

After noticing the company released what it referred to as “high grade gold results from its Detour Gold Trend Project in Quebec” in a fresh PR this morning (>>View PR) we also took a look at the BALMF chart and saw that the stock itself has been working its way down to a bottom recently and is approaching heavily oversold territory.

Indications are that it could see slightly lower prices before making a rebound, so we’ll just want to ensure that it holds at or above December’s swing low of .46 on any further pullbacks. If it does, we’ll be very interested to track BALMF, especially given the fact that they’re officially ‘on the gold’ at their Quebec property.


Weight Watchers International, Inc. WTW – Options Idea

Weight Watchers has been breaking into blue skies, with an incredible bullish move that has lasted for the better part of six weeks. Heavy activity in this morning’s premarket leads us to think that despite already being up so high, WTW’s good fortunes could continues for awhile longer.

We’ll have an eye on the WTW Weekly $24-25 Calls on the chance that our hunch in correct.


Extended Watchlist:
PHMD, BLRX, PIRS, ESES, APOP