Blue Horseshoe Stocks: ESPR Highlights & Much More

Yesterday, on a day when the market as a whole was faltering, we’re proud to say we managed to bring our readers several opportunities to gain in both stocks and options:

Esperion Therapeutics, Inc. ESPR- Options Ideas

ESPR turned out to be a great call for us in yesterday’s morning report. The stock itself made an impressive session-long move from a low of 82.69 up to 100.50 (+22%), resulting in some monstrous spikes for the options ideas we highlighted.

We raised a flag of interest on in-the-money Weekly Calls, and were rewarded with mega-spikes across the board:

$80 Calls – Trading Range: 4.00-20.00  Max Gain: 400%
$85 Calls – Trading Range: 2.15-14.50  Max Gain: 574%
$90 Calls – Trading Range: .70-14.50  Max Gain: 1400%
$95 Calls – Trading Range: .64-7.25  Max Gain: 1032%

Even the play we designated as a longer-term selection, the 04/17 $90 Calls, were immediately and significantly impacted, trading in a range from 3.50-14.50. That move was good for intraday gains of up to 314%


As far as our other options calls were concerned, we met with success there as well:

American Airlines Group Inc. AALFor AAL, we zeroed in on the 04/02 $55 Calls which ended up trading up from .79, to as high as 1.11, marking a 40% intraday gain. Any other contracts that got pushed into the money would have also provided excellent opportunities for successful day-trades.

Apple, Inc. AAPL – On AAPL, we mentioned that we’d be watching the 04/02 $129 Calls and those made a healthy run from 1.25-1.80, for a chance at profit in excess of 44% on the day.



Other Standouts From Tuesday

There was significant excitement over the success of our options calls yesterday, but we still don’t want these other notable gainers from our watchlist to get lost in the shuffle:

Propanc Health Group Corp. PPCH – Trading Range: .0211-.03 – Max Gain: 42%

Microvision, Inc. MVIS – Trading Range: 3.07-3.55 – Max Gain: 16%

NovaBay Pharma, Inc. NBY – Trading Range: .56-.65 – Max Gain: 16%

Black Diamond, Inc. BDE – Trading Range: 8.45-9.84 – Max Gain: 16%


Side Note:

We are going to be sitting on the sidelines watching like hawks until we hear from Janet Yellen as the big FOMC meeting kicks off today. What she ultimately has to say will likely sway the markets one way or the other; we will wait to see which direction they’re going to go.

If the bull market remains intact, we’ll be looking to go long on SPY Calls.  Should the direction be a downward one, we can entertain UVXY and/or VIX Calls. Remember: Whatever way it plays out, we’ll want to stay in-the-money with our strike prices.


Extended Watchlist:
VTSS, RTRX, ATNM, RXDX, AEZS, ZQK

GRNH, Options Trading Ideas & Extended Watchlist

Aeropostale, Inc. ARO

The 10/19 $9 Calls that we mentioned yesterday morning opened up significantly as we expected they would. After the subsequent consolidation which brought the price back to 1.05, we saw a spike to as much as 1.55 as you can see on the chart below. That was good for a possible intraday gain of 48%

With roughly a month left until the expiration of these contracts, there’s plenty of time for the stock to regain some of its recently lost ground and potentially fill the gap on the chart up to the $11-range. With the kind of drastic stride it made yesterday (jumping from the $8-range to the $10-range) we’ll also need to be wary of possible pullbacks filling that gap to the downside.


Facebook Inc. FB

As FB has recently been approaching its 52-week highs, we’re interested in weekly Calls, especially if the stock can break the $46 barrier. In that event, we’d be looking at in-the-money Calls like the 09/21 $45.50’s. On the flipside, if the stock fails to push past $46 we would be looking to flip the $46 Puts as a pullback would push them in-the-money.


GreenGro Technologies GRNH

This is another marijuana related stock that we’ve tracked for quite some time. GRNH has made some nice moves over the past several weeks, and is currently in consolidation mode as it has been coming off of its most recent spike. We are keeping a close eye on this one for a potential bottom play. If it can maintain support above the 50DMA of .042 we like its chances of seeing a nice rebound in the future.


Extended Watchlist:
NEWL, DNDN, ATOS, ZQK, IDRA, PCWT

RMTI, PHOT & Extended Watchlist

Rockwell Medical, Inc. RMTI

We mentioned RMTI in Friday’s extended watchlist, and it turned out to be a good decision on our part. After opening at a low of 8.75, the price surged ahead to touch 10.20, marking an opportunity at intraday gains of up to 17%

We’re going to leave RMTI on our radars as we kick off a fresh week of trading, as the stock appears to be gapping up this morning, (presently above Friday’s high, trading at 10.50 premarket). The stock also traded high volume on Friday, so we want to monitor the situation for any further gains the current flux of momentum might provide.


Growlife, Inc. PHOT

PHOT had a good day on Friday as well, breaking a recent double-top, posting gains on increased volume. The stock hit a high .0477, which from the low following our most recent mention of this play (.0318), represents a 50% move.

We’ve got this and other marijuana-related stocks on continuous watch since the USDOJ announcement that the federal government would not be interfering with individual states that have voted to legalize the plant for both medical and personal use.


Extended Watchlist:
EXMT, IGLD, INO, BZ, ZQK, GOGO

Blue Horseshoe Stocks: FB & AAPL Options, INO, NOK, ZQK

Facebook FB OptionsThe FB 09/13 $41 Calls first appeared in our reports on September 4th, as we stated: “…if FB can breakout to $45 by next Friday, we could be looking at multi-bag gains from these contracts.” While we fell just shy of our target by .39 at Friday’s high of 44.61, the price action on those calls was still enough to provide us with those multi-bag gains with a whole trading week still remaining until expiration! So far, from their low following our 09/04 alert at 1.29, we saw a subsequent push to 3.80, good for a gain of 251% over a period of just a couple of days.

We’re going to remain bullish on these $41 Calls as we head into Friday’s expiration, as we think the chances are fair that FB as a whole remains on a general uptrend. It could lead us to move up on our strike price and contract duration as well. The 09/21 $45 Calls closed at .82 on Friday, and if Facebook does continue its upward momentum, those are likely to be the next contracts that will catch our interest.


Apple (AAPL) Options

There has been much speculation surrounding the possible focus of Apple’s big event tomorrow, which is widely believed to be an unveiling of the new iPhone 5S, although there have been no confirmations. Whenever a situation like this comes along, we always try to stay ready to advantage wherever possible. The public’s reaction to tomorrow’s event will determine our reaction in playing the Apple options chain. A successful reception and subsequent rise in PPS would obviously draw our attention to the Calls, while a disappointing result would force us to look at the Puts.


Inovio Pharmaceuticals, Inc. INO

We’ve been hot on the trail of INO since the beginning of July, when the stock was trading below a dollar (.7953 at its low). Within a month of that, by early August the stock had hit 3.03, which represented a move of 281%

We reminded everyone on August 23rd that we were observing higher highs and higher lows after the subsequent consolidation ( to a low of 1.60). Then on Friday, sent another reminder that INO was beginning to bounce back. We then saw a run back to 2.45, which marked a gain of 53%

This morning, the stock hit a high of 2.85 in pre-market trading, and trades are currently going off in the low 2.70’s.


Nokia Corp. NOK

Another stock that has done extremely well for us over an extended period is Nokia (NOK), especially recently, as its shares price ballooned on news that Microsoft had acquired its devices division as well as licensing rights to several of its patents. We’ve been following this stock for over a year now, and in that time we’ve seen a low of 1.91 run all the way up to recent highs in the high 5.50’s, a move of over 190%


Quiksilver, Inc. ZQKZQK appeared in Friday’s extended watchlist following release of an earnings report. After establishing a low at 5.99, the stock ran as high as  7.09, granting us the chance at an 18% intraday gain.


Extended Watchlist:
EXMT, BBRY, BLRX, UNIS, CLSN, MNTG

 

FB Calls, PLUG, LTCHD, INO, GRPN & Extended Watchlist

Facebook FB Options

Many of you will recall Wednesday’s report, wherein we outlined our interest in the FB 9/13 $41 Calls. As you can see on the chart below, after a quick spike they mostly tapered back, to a low of 1.29, before surging as high as 2.04 yesterday afternoon. That move represents a 58% gain.

With FB closing at 42.75 yesterday, it appears to be gapping up this morning, having last traded at 43.25 pre-market. Provided this upward trend continues, we could be looking at even further profits as we head into next week’s expiration date.


Plug Power, Inc. PLUG

After an appearance on yesterday’s watchlist, PLUG  appears to be gearing up for a move. The stock traded at a low of .572 yesterday, and appears to be gapping up today, currently trading at the .66-level.

PLUG has brought us big gains in the past, which is a large part of why we are monitoring it so closely at present. Back in February we followed PLUG coming off of its 52-week lows as a bounce play from the .125-area, which have obviously led to triple-digit gains.

We’ll be watching PLUG to maintain support at a previous swing high of .55, and the next key level of resistance is going to be at .76.


mCig, Inc. LTCHD (Soon to be MCIG)

LTCHD continued to line our pockets on Thursday, with a 52% intraday move from the daily low of .171 to its new high of .26. Remember, on Wednesday, the stock provided us with a chance at 92% in gains in a run from .12-.23. Overall, a buy at the low following our alert and a timely exit at its peak would have amounted to a profit of 117%


Inovio Pharmaceuticals, Inc. INO

We were looking at INO a couple of weeks back as it was rebounding from a recent consolidation, and the stock was around 1.60. It looks as if it is continuing its recovery today as it is trading pre-market at 2.17, a rise of 36% from Friday the 23rd’s low.


Groupon, Inc. GRPN

We first started talking about Groupon this spring at around the 6.00-range. We followed up with an early August mention upon a good earnings report, and we saw highs in the 11.20’s. After receding back to 9.27, the stock is currently trading once again at the 11.00-range.


Extended Watchlist:
RMTI, ZQK, VVUS, FSLR, EGLE

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