April 2020 - Blue Horseshoe Stocks

Tons of Updates, New Ideas

Options Reviews

Our ideas in the Mastercard and Boeing chains from yesterday’s report both played out very nicely for us, producing sizable intraday gain opportunities for ourselves and our readers. Here are the gains that have been made so far.

MA Weekly $272.50-277.50 Calls
$272.50: 6.03-13.00 (+116%)
$275: 4.58-10.75 (+135%)
$277.50: 3.25-8.74 (+169%)

BA Weekly $138-140 Calls
$138: 2.57-10.39 (+304%)
$139: 2.25-9.68 (+330%)
$140: 1.82-9.13 (+402%)
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AMC Entertainment Holdings Inc. AMC – Update

We also got a new high in our AMC 06/19 $4 Calls, an options idea we formulated after our associate trader, Nicholas in VA, called our attention to the stock. These calls have now made a move .55-1.83 in just a couple of sessions, marking a total gain of 233%
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Fresh Ideas:
MSFT Weekly $177.50-180 Calls
TSLA $840-860 Calls
SPY 05/04 $291-288 Puts
MCD Weekly $185 Puts

Stock Updates

We also had a couple of stock calls from our extended watchlist produce some solid gain chances for us, which were as follows.

Ozop Surgical Corp. OZSC
Range: .0133-.0247 – Total Gain: 86%

Transportation and Logistics Systems, Inc. TLSS
Range: .0421-.094 – Total Gain: 123%

Vaxart Inc. VXRT – News Alert

We’ve been tracking VXRT pretty closely in recent weeks, and wanted to include a lonk to the coronavirus news the company put out this morning, which points to the company possible making some headway in the fight to develop a vaccine. It’s sending the stock on a ride in the premarket, and keeping us on high alert.

SOUTH SAN FRANCISCO, Calif., April 30, 2020 (GLOBE NEWSWIRE) — Vaxart, Inc., a clinical-stage biotechnology company developing oral recombinant vaccines that are administered by tablet rather than by injection, today announced that it has obtained positive pre-clinical results for its COVID-19 vaccine candidates, with several of the vaccine candidates generating immune responses in all tested animals after a single dose.(>>View Full PR)

AMC Options Recap & More

AMC Entertainment Holdings Inc. AMC – Recap

Despite a rather bearish day for the markets in general, our bullish AMC options idea worked out quite nicely for us yesterday. We had signaled a single contract set with a June expiration, and got instant double-bag results.

Our specific idea was the AMC 06/19 $4 Calls, and they traded in a range from .55-1.15, for total possible gains of up to 109% on the day.

The company announced it won’t be playing Universal Studios films in the future as a result of NBCUniversal’s plans to release movies direct-to-home on-demand. It will be interesting to see how this affects our idea going forward, but as it stands, we’re happy with the single-session performance it recorded yesterday.

Fresh Options Ideas:

All of the following plays have reported earnings this morning, so as usual, we’re going to try to use the corresponding volatility to our advantage in hopes of seeing some nice gain opportunities:

AZN Weekly $52-53 Calls
MA Weekly $272.50-277.50 Calls
BA Weekly $138-140 Calls

Extended Watchlist:
XALL, ITOX, AMAZ, OZSC, TLSS, NAT

Options Reviews, New Ideas

Vaxart Inc. VXRT – Review

VXRT was one of the first coronavirus plays we signaled interest in tracking since we tagged it on January 31st at a low of .956. We’ve mentioned it a couple more times since then, including the end of last month and yesterday morning.

The stock has been on the rise for pretty much the entire month of April so far, and yesterday it attained yet another new high for us, registering trades for as much as 4.12. From our originally observed low, that represents a total increase of 331% in the span of what has otherwise been three difficult months!

JNJ Options Recap, Fresh ideas

Johnson & Johnson JNJ – We have been following one of our longer-term ideas in the JNJ chain for exactly three weeks now, having first offered up the idea on the 7th. There has been some very nice headway made over this time, and we have some new highs to report today.

Here are the total possible gains one could have secured off of our idea so far:

JNJ 09/18 $150-155 Calls
$150: 2.90-14.55 (+401%)
$155: 2.27-11.45 (+404%)
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Fresh Ideas:
AMC 06/19 $4 Calls
MMM Weekly $155-160 Calls
SPY Weekly $292-295 Calls

Extended Watchlist:
XALL, ITOX, INTV, VISL, VSTM, GNC, MLND, ALEAF

BSGM Update & More

BioSig Technologies, Inc. BSGM

We are still tracking BSGM as we open up another trading week. If you recall one of our recent reports where we mentioned having talked about this stock on multiple occasions (April 7th, April 22nd) you can see that we’ve preen pretty hot on its trail through its whole recent run.

Our observed low on BSM came in at 3.45 shortly following our initial alert on it, and as of today in the premarket, we’re seeing high marks of as much as 9.25. That works out to an overall increase of in a matter of roughly three weeks.

The company has also just submitted an investigational new drug application with the FDA for its orally administered coronavirus treatment. We’re going to be very interested to continue keeping an eye on the activity in BSGM which has now been running hard for a full seven sessions.

Options Ideas

Facebook’s announcement that it would be entering the multi-user conferencing arena, has us temporarily bullish on FB and bearish on ZM. We will formulate some quick-strike options ideas accordingly;

FB Weekly $192.50-197.50 Calls
ZM Weekly $160-155 Puts

Extended Watchlist:
AABB, FCEL, TPTW, UVFT, VODG, VXRT, XALL

Closing Out a Strong Trading Week

More Options Winners

All things considered, things shaped up pretty good for us this week on the options trading front. We had potential gains to report each and every day, and today is no exception. Yesterday morning’s fresh ideas in LLY and ORLY played very nicely in the wake of each company’s quarterly earnings drop.

LLY was the big score, however the ORLY was a longer-term idea with almost a month until expiration, so we may yet see some bigger moves from those in the weeks to come.

LLY Weekly $155-160 Calls
$155: 2.81-7.50 (+158%)
$157.50: .81-5.16 (+297%)
$160: .50-3.10 (+252%)
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ORLY 05/15 $390-400 Calls
$390: 7.00-12.46 (+110%)
$400: 7.39-11.00 (+184%)

Fresh Ideas – We’ll also go ahead and form a few fresh ideas to close out the week. We’re seeing insider buys on HAL near its recently established bottom, and we’ve got earnings reports from AXP and that are driving early activity in those plays.

Haliburton Co. HAL 05/29 $10-11 Calls
American Express Co. AXP Weekly $83-85 Calls
Edwards Lifesciences Corp. EW Weekly $225-235 Calls

Extended Watchlist:
TLSS, OZSC, SHIP, CTRM, UNT, VAL, WLL