Month: December 2017

Blue Horseshoe Stocks: Post-Earnings Options & More

Dollar General Corp. DG

First up this morning is a look at DG, which revealed its Q3 earnings report early this morning, and appears to be gearing up for some continued bullish activity, for which we’ll want to formulate an options trading idea.

The stock has been in a general uptrend for many months, seeing its annual lows in June, and trading in a general upward channel ever since. DG is gapping up roughly 5% in premarket trading, and we’re going to look for action in the DG Weekly $93.50-96 Calls today and possibly tomorrow as well.

Lululemon Athletica

This is another stock that has put up a good performance since late spring. After seeing its own annual low at the end of May in the $66 area, LULU has recently breached the $90 mark.

That upward climb could continue on the heels of what was a solid beat on both sales and earnings in the post-market yesterday, as well as boosted sales guidance. When coupled with the $200M share repurchase the company has just authorized, and we have another excellent candidate for some options trading ideas. In this case we’re interested in tracking the LULU Weekly $72.50-74 Calls.

Extended Watchlist:
ROX, HOME, VTGN, IGC, MYO, CRSP, TLRD

Blue Horseshoe Stocks: DPW Recap & More

Digital Power Corp. DPW

We began to track DPW in Monday’s premarket report, and with the help of a key Bitcoin related PR, the stock has performed quite well since then. We suggested that Monday’s bullish activity could be followed up with more of the same in yesterday’s report, and that’s certainly what occurred.

DPW traded in a daily range from an early low of 2.70, all the way up to an afternoon high of 4.27, marking an intraday burst of 58%   As measured from our observed low of 2.15 on Monday, that high represented a two-day swing of 97%

We will once again track this play very closely, with Bitcoin streaking to new all time highs yet again, touching $12,798.78 shortly after 8AM Eastern this morning. The company just released plans to launch a line of Bitcoin mining hardware, and anything related related to the space should continue to be a hot ticket item amid the current crypto-craze.


American Eagle Outfitters, Inc. AEO

We’ve come to rely on going after big options trading opportunities, especially after a company releases its earnings. Despite having fallen short of Q3 expectations for profits and revenue, AEO posted solid same store sales growth, and issued promising guidance.

As a result, the stock has continued its recent bullish run, and we’re going to want to signal the AEO Weekly $16.50-17.50 Calls for observation over the remainder of the week.

Titan Pharmaceuticals, Inc. TTNP

We’re going to place TTNP on watch this morning as a potential bottom play. One look at the chart snapshot below clearly shows that the stock is currently exhibiting a strong double bottom signal. We can also see the nearly 100% move it recorded in recent months. We’ll be looking for similar activity in coming sessions.

Extended Watchlist:
ICON, GLBL, XCO, MYSZ, VKTX, JUNO

Blue Horseshoe Stocks: DPW, PTOP & More

Peer to Peer Network PTOP

We originally alerted on PTOP on the morning of November 8th, well before the huge run that the stock would launch into weeks later on the back of bitcoin-hysteria. Our observed low on this crypto-related play was all the way down at .0004.

Flash forward to this week, and PTOP has been launched to new highs as Bitcoin itself continues to set new all-time highs, this morning hitting $11,855.73 shortly after 8:30am eastern.

Yesterday the stock hit .014, marking a 3,400% increase from our witnessed low, in a matter of just twelve trading days!

Digital Power Corp. DPW

We signaled DPW, another crypto play, in yesterday mornings premarket report, and it too surged to new highs with the help of the continued bitcoin explosion, as well as the company’s unveiling its subsidiary’s plans to launch a line of line of advanced hardware for digital mining of cryptocurrencies, including Bitcoin.

Our call came just in the nick of time for us to catch a very solid intraday run from DPW, which traded up from a low of 2.15 to a high of 3.49, recording a 63% intraday push to the upside. It’s also closed at its high of day on heavy volume./ Coupled with this morning’s new all time highs for Bitcoin, and we have the conditions necessary for this stock to continue its bullish ways.

Eagle Bancorp, Inc. EGBN

After realizing that EGBN had been the target of short-seller manipulation, we reported this to our readers yesterday morning, and placed the EGBN 12/15 $50-60 Calls on watch “for what should be a forthcoming recovery”. We’ve already seen our take on the situation vindicated in one session, as the stock rebounded predictably after having taken a nosedive on Friday.

That resulted in a good start to our extended-term recovery options ideas, with the following intraday gains being posted:

$50 Calls – Range: 4.40-7.60 – Max Gain: 73%
$55 Calls – Range: 1.80-3.90 – Max Gain: 117%
$60 Calls – Range: .40-1.20 – Max Gain: 200%

Extended Watchlist:
EYES, COLL, GIII, SNAP, RGC,