ZIOP Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: SPY Recap

SPDR S&P500 (ETF) SPY

As we close out another solid week of stock and options trading, we just wanted to provide one final update on the SPY Calls we made earlier in the week. The markets dipped in the first half of the session yesterday, but recovered throughout the rest of the day.

Our idea from our premarket report on Wednesday morning of the SPY Weekly $296-297 Calls all produced double-bag intraday opportunities, and the two sets that we rolled up to include on our watchlist, the $297.50 and $298 Calls, kicked in multi-bag performances of their own.

$296 Calls – Range: .99-2.16 – Max Gain: 118%
$296.50 Calls – Range: .74-1.76 – Max Gain: 138%
$297 Calls – Range: .55-1.39 – Max Gain: 153%

$297.50 Calls – Range: .40-1.05 – Max Gain: 163%
$298 Calls – Range: .27-.77 – Max Gain: 185%

Just as there was yesterday, there may be another dip and rip chance for opportunistic traders to seize upon, so we’ll leave these plays on our radar as we finish out the week.

Extended Watchlist:
IGNG, PRPO, OSTK, TBLT, DSLV, XBIO, ZIOP, TMDI, PSTV, LVS, AMRH, NTLA, EKSO

Blue Horseshoe Stocks: Earnings and Bottom Plays

Acuity Brands, inc. AYI – Options Idea

After a lackluster Q3 report, AYI took a gut punch yesterday, but began to recover before the day was through, and appears to want to continue to course-correct today.

We are going to radar the AYI 07/19 $125-130 Calls. Even if this holiday shortened week comes to a predictably quiet close and doesn’t provide a ton of activity, we’ll still have plenty of time to get results before the 19th.

comScore, Inc. SCOR

We’ve found what appears to be a prime bottom-watch candidate in SCOR. The stock is egregiously oversold at the present time, and has managed a couple of positive sessions this week.

The volatility potential on this stock is high. It’s not unreasonable to think that it could return to the $10 level or better over a period of several weeks or perhaps even months. We’ll designate this as a longer-term recovery play.

Extended Watchlist:
TBLT, NAK, ZIOP, FCEL, SNSS, OTLK

Blue Horseshoe Stocks: TVIX Update & More

VelocityShares Daily 2X VIX ST ETN (TVIX)

As we’re sure everyone is aware, we’ve seen the biggest two-day downturn for the markets in history. Luckily, we had already added TVIX to our watchlist in our report on the morning of January 30th.

We began tracking this fund, which trades inversely to the market as a whole, and subsequently observed a low of 5.50. With the market bloodbath yesterday, the TVIX was pushed to a new high of 14.77.

That landed our total possible gain on this play at 169% but that figure has grown even further as a new high of 20.30 was registered in premarket trading this morning putting our total observed range on the TVIX at 269% over a span of just a few sessions.

Lumentum Holdings Inc. LITE

We’re also seeing a stock that is bucking the trend this morning. Even as it appears we’re headed for another down day in general, LITE is gapping up in the market after having recently bounced off of its lowest PPS since last May.

We’re actually going to go bullish on this one, and signal the LITE Weekly $44-46 Calls for observation.

Quotient Ltd. QTNT

Speaking of bounceplays, QTNT is looking interesting as well. We wanted to quickly make note of this. As you can see on the chart snapshot included below, it saw some surprising activity yesterday but came back to settle below 3.00, with the MACD on the cusp of a bullish cross and the RSI giving off a heavily oversold signal.

We’ll keep an peeled here as well, for another possible bucking of the ominous trend currently underway for the markets at large.

Extended Watchlist:
ZIOP, IPWR, TENX

Blue Horseshoe Stocks: SGBY, MAXD Updates & More

MaxSound Corp. MAXD

Yesterday, we mentioned how we caught MAXD on Friday morning for a timely 49% rip as the stock ran from .0043 to .0064 that afternoon.

The show was only just beginning, as MAXD broke out of the gate and ran from its opening price of .0065 up to a new high of .0098, recording a 51% intraday upswing, and bringing our observed increase over a two session period to an even 100%

The stock closed at .0079, having registered its fifth consecutive session of higher lows and higher highs. We’ll be looking out for the possibility of a continuation in that pattern moving forward.

Signal Bay, Inc. SGBY

This call was the clear winner out of all of yesterday’s interests in terms of total possible percentage gains. SGBY wasted no time as it took off and subsequently reached its high early on in the session. It traded in a range from .0022 to .0048, for rapid gains of up to 118%

That was followed by a dip and rip maneuver which brought it back to .0029 before undergoing a 34% bounce to the closing price of .0039.

Bill the Butcher, Inc. BILB

We had also tagged BILB for observation in yesterday’s report, and it too enjoyed a big intraday run first thing in the morning before tuckering out early. The stock traded up from .0027 to .0054 right from the opening bell for a nice round 100% jump.

Netflix, Inc. NFLX – Options Idea

NFLX shares are reacting poorly to the company’s post-market earnings report yesterday afternoon, and so we’d like to make note of a range of bearish options ideas.

We’re going to be looking to the NFLX Weekly $88-85.50 Puts for possible intraday swing trade chances, provided NFLX doesn’t break back above the $88-level.

Extended Watchlist:
LEXG, PLUG, BLDP, XNY, PRKR, VII, ZIOP
BTCS(Bottom-bouncer)

Blue Horseshoe Stocks: Winning Options Plays & More

Options Recap

Both of our options ideas from yesterday’s morning report ended up providing us with a chance at sizable single-session gains.

Canadian Solar, Inc. CSIQ

We caught CSIQ in the unique position of having just registered a new 52-week low in the previous session, and having its earnings beat expectations yesterday, so jumping on CSIQ Weekly $16.50-18 Calls ended up being a sound strategy right from the outset. The impressive intraday moves were as follows:

$16.50 Calls – Trading Range: 1.20-1.76 – Max Gain: 47%
$17 Calls – Trading Range: .87-1.50 – Max Gain: 72%
$17.50 Calls– Trading Range: .30-.97 – Max Gain: 223%
$18 Calls – Trading Range: .27-.82 – Max Gain: 204%

Macy’s Inc. M

We went bearish on Macy’s yesterday, partly due to the overall downtrend the stock has seen in recent weeks, and as a reaction to yesterday morning’s disappointing earnings call. In this case our target range was the M Weekly $36-34 Puts and hefty gains were available across the board, including a big triple-bagger in the $34’s.

$36 Puts – Trading Range: 1.83-4.37 – Max Gain: 139%
$35.50 Puts – Trading Range: 1.40-3.79 – Max Gain: 171%
$35 Puts– Trading Range: 1.00-3.60 – Max Gain: 260%
$34.50 Puts – Trading Range: .83-2.88 – Max Gain: 247%
$34 Puts – Trading Range: .50-2.58 – Max Gain: 347%

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Fresh Ideas: To throw some other options ideas into the mix this morning, we’re going to be adding Monsanto Co. MON Weekly $102-106 Calls and Jack in the Box, Inc. JACK 05/20 $70 and $75 Calls to our track-list.

Cerebain Biotech Corp. CBBT

We put CBBT on our radars last Tuesday after noticing some increased activity in the stock. Since our mention, subsequent to which we observed a low .53, we’ve seen a good bit of progress leading up to yesterday’s high of 1.25. That’s an overall move of 136%

The high came just prior to the closing bell, at which CBBT held a PPS of 1.20 so we’ll continue to monitor the situation carefully. We’ve had success recently with low-float, low-volume plays, and CBBT fits that bill to a tee.

Extended Watchlist:
FTPM, MRNA, BKCT, LXU, ZIOP, CCXI