Blue Horseshoe Stocks

Huge Options Gainers & More

Marijuana Company of America, Inc. MCOA – News

We’re swinging back for another news update on MCOA this morning for the second time this week. We like the company’s drive and dedication to its recent changes in focus which we began highlighting in a special report last week (>>Read Our MCOA Report). In that space of time, we’ve learned more about the company’s strategic partnership with Cannabis Global (CBGL) with the aim of further developing the HempSmart brand.

This morning, we’ve learned that MCOA will once again move to promote and grow the HempSmart name through a series of big weekly sales for the remainder of the calendar year.

ESCONDIDO, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) — MARIJUANA COMPANY OF AMERICA INC. (OTCMKTS:MCOA), an innovative hemp and cannabis corporation, is pleased to announce today the launch of a series of promotional campaigns, where “Every Friday is Black Friday, at HempSmart” … Every Friday, a new special product package will be promoted and offered until the end of the year. (>>View Full PR)

Options Review

We also need to go over the intraday performances of the options ideas we formulated in yesterday morning’s premarket report, which was a mix of bearish and bullish plays.

We had the SNE Weekly $79-80.50 Calls, the MSFT Weekly $210-205 Puts, and the MA Weekly $307.50-302.50 Puts, and we scored multibag hits in every range we were tracking.

SNE Weekly $79-80.50 Calls
$79: .40-3.20 (+700%)
$79.50: 1.02-2.50 (+145%)
$80: .80-5.23 (+554%)
$80.50: .70-1.95 (+179%)
_____

MSFT Weekly $210-205 Puts
$210: 3.50-8.00 (+129%)
$207.50: 2.09-6.01 (+188%)
$205: 1.11-4.10 (+269%)
_____

MA Weekly $307.50-302.50 Puts
$307.50: 9.63-16.20 (+68%)
$305: 7.35-14.43 (+96%)
$302.50: 5.85-11.95 (+104%)

Fresh Options Ideas:
MRNA Weekly $66.50-68 Calls
HOME 11/20 $23-24 Calls
SPOT Weekly $267.50-262.50 Puts

OTC Multibagger, Fresh Options Ideas

Advanced Micro Devices, Inc. AMD – Recap

Out of our fresh options trading ideas in yesterday’s premarket report, we were most pleased with the performance AMD.

We had signaled the AMD Weekly $83-85 Calls for observation, and despite a relatively choppy day for the markets at large, we still saw some very nice intraday gain opportunities. Here’s the breakdown on those:

AMD Weekly $83-85 Calls
$83: .63-1.02 (+62%)
$83.50: .60-.86 (+43%)
$84: .45-.78 (+73%)
$84.50: .44-.66 (+50%)
$85: .37-.61 (+65%)
_____

Fresh Options Ideas:
SNE Weekly $79-80.50 Calls
MSFT Weekly $210-205 Puts
MA Weekly $307.50-302.50 Puts

BioRestorative Therapy, Inc. BRTXQ

We also witnessed new highs from a stock in yesterday’s watchlist, BRTXQ, a play that we’ve been tracking since August, when it was trading for as little as .0092.

Yesterday BRTXQ traded in an intraday range from .0255-.0327 (+29%). As measured from our initially observed low on this OTC play, that represents an overall move of 255%

Extended Watchlist:
SFOR, INNO, BRGO, TSNP, TRNF

Breaking MCOA News

Marijuana Company of America, Inc. MCOA – News Update

In addition to this morning’s premarket report, we also wanted to relay today’s fresh news out on MCOA to our readers, as promised. We recently compiled a special report on the company (>>Read Our MCOA Report) and are very interested in where the stock could go from its present levels.

This morning’s update provides more details on the company’s partnership with Cannabis Global, as highlighted in recent releases.

LOS ANGELES, CA / ACCESSWIRE / October 27, 2020 / Cannabis Global, Inc. (OTC PINK:CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced the inclusion of Marijuana Company of America Inc. (OTC:MCOA), as a research partner in its Project Varin research and development program. The two companies plan to collaborate on the development of new food and beverage products in conjunction with Natural Plant Extract of California, Inc. (>>View Full PR)

Recapping Monday’s Bearish Ideas

Recapping Monday’s Bearish Ideas

After officially wrapping up our last week’s excellent performance yesterday morning, and reporting the nice gains we managed on Friday, we kept the momentum going with some fresh options ideas. We always try to feed new ideas into the mix each and every day when possible, and keep our focus on where the potential action is heaviest.

We went bearish on both NRZ and SAP, signaling the NRZ $9-8 Puts and the SAP $130-120 Puts. In both cases we had access to significant gains on the day, which were as follows:

NRZ $9-8 Puts
$9: .78-1.14 (+46%)
$8: .20-.48 (+140%)
_____

SAP $130-120 Puts
$130: 12.10-16.96 (+40%)
$125: 8.82-12.55 (+42%)
$120: 5.30-8.55 (+61%)
_____

Fresh Options Ideas:
AMD Weekly $83-85 Calls
MRK Weekly $79-80.50 Calls
NFLX 12/04 $510-515 Calls

Extended Watchlist:
BRTXQ, IGEN, GAXY, GMPW, VSYM, RLFTF

Reviewing Friday’s Movers

Reviewing Friday’s Movers

We’re going to kick off the fresh trading week this morning by going over the performances of the plays we submitted in Friday’s premarket report. Those included targets in the US Steel, Cleveland-Cliffs, and Capital One options chains. It was a wrap-up to an already successful week, and we ended it on a high note.

We had the X Weekly $8.50 Calls, the CLF Weekly $8.50-9 Calls, and the COF Weekly $78-80 Calls, and they all produced significant moves on the day. Here’s a rundown of the kinds of gains that were on the table for traders:

X Weekly $8.50 Calls
$8.50: 1.11-1.86 (+68%)
_____

CLF Weekly $8.50-9 Calls
$8.50: .18-.64 (+255%)
$9: .09-.32 (+255%)
_____

COF Weekly $78-80 Calls
$78: 2.06-3.71 (+80%)
$78.50: 1.79-3.35 (+87%)
$79: 2.06-3.03 (+47%)
$80: 1.50-2.43 (+62%)
_____

Fresh Options Ideas:
NRZ $9-8 Puts
SAP $130-120 Puts

Spartan Energy Acquisition Corp. SPAQ

We’re just days away from SPAQ’s vote on a merger with Electric Vehicle maker, Fisker, whose new EV set for launch, ‘The Ocean’, is laying claim to the title of ‘Most Sustainable Vehicle Ever’.

It’s an interesting scenario, and with the stock at a relative low on the chart at the moment, we are going to place some longer term options on watch, with the SPAQ 12/18 $10-12.50 Calls.

Extended Watchlist:
ARLP, CBBT, CSLI, NSPX, OPTI, TWOH