Blue Horseshoe Stocks

Subpenny Runner, Options Ideas

Nano Labs Corp. CTLE – Recap

At the top of our to-do list this morning is going to be CTLE, which we tagged for observation in yesterday morning’s premarket report. We include these Extended Watchlist plays nearly every day, and it’s always a good idea to add them to a watchlist on your own screens, as they often turn up hidden gems like this one.

CTLE recorded a low of .0044 before pushing up to a high of .0095, which represents an intraday rip of 116% The stock posted this performance on its largest single day trading volume in well over five years, with over a billion shares changing hands! With activity on this level, we’ll certainly want to continue to follow the CTLE chart as we head through midweek.

Ebix.com Inc. EBIX – Bottom Bouncer

We took notice of EBIX this morning on a routine scan, and discovered a very attractive bottom setup on the chart. As you can see on the included snapshot below, the stock fell off a cliff last month and has spent the past week establishing a new bottom.

This is exactly the type of setup we look for in a potential recovery play, with a base of support along with a massive topside gap on the chart. We’re going to add a longer-term options idea that would allow us to take advantage of any impending rebounds. We’re going to radar the EBIX 06/18 $40-45 Calls.

Fresh Options Idea:
AMBA Weekly $118-121 Calls

Extended Watchlist:
WSGF, PVDG, ALYI, HVCW, RDWD, VBNU, ABQQ

AMTX Recap, Options Ideas & More

Starting the Week Off with Strength:

To kick off a new trading week yesterday morning, we posted a trio of fresh options ideas and for the most part we met with instant success. There were only two sets of contracts out of the nine we designated that didn’t post excellent moves on the session.

We had an updated set from DKNG which carried over from a solid performance for the stock last week, some daily calls in the SPY, and a post-earnings target with NRG. Here are the big winners and the total gains that were possible for anyone who caught our alerts:

DKNG Weekly $62-63 Calls.
$62: 2.58-7.10 (+175%)
$63: 2.21-6.20 (+180%)
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SPY 03/01 $383-385 Calls
$383: 2.89-7.83 (+171%)
$384: 2.01-6.87 (+242%)
$58: 1.55-5.89 (+280%)
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NRG Weekly $39-40.50 Calls
$39: 1.76-3.80 (+116%)
$39.50: 1.80-3.20 (+78%)
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Fresh Earnings Plays:
ZM Weekly $430-440 Calls
TGT Weekly $185-187.50 Calls

Aemetis, Inc. AMTX

We also want to swing back around for AMTX, a stock we began tracking just five weeks ago on the morning of January 25th. Its performance was subdued for the first part of last month, but the leaps and bounds it has made into blue skies since then have been so impressive that we had to rehash it for you this morning.

From its low of 6.08 subsequent to our alert, AMTX has made a fantastic run up to a new high of 16.39 yesterday. That marked an upswing of 170% and it came thanks to the company’s revelation of a new 5-year growth plan, during which time it believes it can reach revenues of over a billion dollars.

Extended Watchlist:
FRCN, ARGQ, IMTL, GMEV, CTLE, BSSP, SAML, HPNN

Hot Options Plays & More

Friday’s Big Performers:

Our first order of business on this morning is to go back over the two fresh options trading ideas that we formulated in Friday morning’s report.

We were looking out for gains in the DKNG Weekly $58-59 Calls and the ABNB Weekly $185-190 Calls, and we certainly got what we were after. In a 5 for 5 sweep, every contract set that we designated for observation posted multibag intraday runs. As far as ABNB was concerned, the potential gains on the day were absolutely enormous.

ABNB Weekly $185-190 Calls
$185: 4.60-27.42 (+496%)
$187.50: 3.25-25.15 (+673%)
$190: 2.16-23.04 (+967%)
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DKNG Weekly $58-59 Calls
$58: 1.30-4.40 (+238%)
$59: .81-3.44 (+324%)

In the case of DKNG, premarket activity suggests that further gains are forthcoming, so we’re going to want to renew our idea for this fresh trading week and begin tracking the DKNG Weekly $62-63 Calls.
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More Fresh Options Ideas:
SPY 03/01 $383-385 Calls
NRG Weekly $39-40.50 Calls

Extended Watchlist:
LTNC, IMTL, AABB, GTEH, GDET, MYDX, ICNM, GRLF, RDAR

Options Ideas, Potential Swing Trade

Options Review:

This morning, we’re swinging back around to the fresh options ideas we offered up in Wednesday morning’s premarket report. With the markets getting choppy over the tech selloff, not to mention the US airstrikes in Syria, our timing in going bearish on SQ and TJX was fortuitous.

Our specific short targets were the SQ Weekly $250-245 Puts and the TJX Weekly $69.50-68 Puts, and in both cases, we turned up multibag upswings to finish out another solid trading week. Here were the ranges and total possible gains on those contracts subsequent to Wednesday’s alerts:

SQ Weekly $250-245 Puts
$250: 7.54-26.01 (+245%)
$247.50: 5.95-22.00 (+270%)
$245: 4.45-20.58 (+362%)
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TJX Weekly $69.50-68 Puts
$69.50: .50-3.75 (+650%)
$69: .37-2.72 (+635%)
$68.50: .45-1.95 (+333%)
$68: .21-3.74 (+1680%)
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Fresh Options Ideas*:
DKNG Weekly $58-59 Calls
ABNB Weekly $185-190 Calls

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds!

EHang Holdings Ltd. EH

We also want to quickly throw up a signal on an interesting Chinese Aerospace & Defense play, EH, which looks attractive from a technical standpoint.

The stock has been feeling out a bottom after consolidating off of an epic run, and could go into recovery relatively soon. Provided EH can hold at or above the $30-40 range on any further pullbacks, we would like it for a possible swing trade candidate.

Extended Watchlist:
WOFA, VIZC, MDCN, RNVA, CCTL, QPRC, AWGI, OPMZ

A Sports Nutrition & Lifestyle Company on the Rise

Torque Lifestyle Brands Inc. (OTCMKTS:TQLB)

It isn’t often that we can come to our readers with what we believe to be a a true ground-floor opportunity, but that’s what makes this morning’s point of interest so attractive. The sports nutrition and active lifestyle supplement market is growing by leaps and bounds, valued at just under $10B annually in 2019, but expected to enjoy a CAGR (compound annual growth rate) of 5.5% for the next several years.

TQLB already had two brands in its growing portfolio prior to yesterday’s revelation of its primary acquisition candidate, American Metabolix, which you’ll read more about further down the page.

Core Natural Supplements, is a health and nutrition brand targeted at the over-35 crowd that has already launched, and Storm Lifestyle, is designed for younger demographics with hardcore active lifestyles and is set to launch presently.

As for the exciting acquisition, the completion of which was announced on Tuesday, American Metabolix is on the fast-track to becoming a major force to be reckoned with in the sports nutrition and Keto products arena. The brand has products already available at GNC, BodyBuilding.com, and other high profile retailers across the globe. American Metabolix products enjoy recognition in multiple countries, with its products having sold in well over 500 physical locations around the world.
We are thrilled to bring the American Metabolix team, IP, and powerful distribution footprint into the fold at Torque,” commented Leonard K. Armenta Jr, President of Torque Lifestyle. “They have built an award-winning brand and can rightfully claim to have set new standards for Keto meal replacement. We also believe the combination introduces production synergies and diversifies our target market profile extremely effectively.” (>>View Full PR via Newsfile)

All of the news that has hit on TQLB has been in the month of February, which is why we class this as a ground floor opportunity, and the perfect time to take a special interest in this high-potential play. (>>View All PRs)

Some equally exciting news for our readers is the incredibly tight share structure, including perhaps the most razor-thin float we have ever encountered. What this means, is that TQLB is subject to big swings based on relatively small trading pressures. That type of volatility potential is what we live for, and how we keep the lights on!

Stay tuned for further updates on TQLB and the aggressive strategy that the company is currently enacting to become a notable player in the sports nutrition and active lifestyle health supplement sector.

For More Information on TLQB, Please Visit:
TorqueLB.com