Blue Horseshoe Stocks

Market Volatility Spikes, Creating Opportunity

Inovio Pharmaceuticals INO

It appears the markets are once again getting absolutely hammered this morning, and we are back to focusing on those plays which have been enjoying success amid the coronavirus outbreak. INO is chief among them, largely due to the fact that the company plans to begin human testing of a coronavirus vaccine starting next month.

We tagged this stock for observation back on February 27th, and it has continued to set new highs for us all along the way. From our low of 3.83 INO has now reached 16.00, which works out to total increase of 318%

SPDR S&P500 (ETF) SPY – Recap

We also put forth some SPY Calls in Friday morning’s report, the SPY Weekly $294-295.50 Calls and those produced massive gains in a late day surge, ranging from 900-1100% The market volatility that scares most people, gives short term opportunistic traders like ourselves dollar signs in our eyes, and we’ve been coming up big throughout this very tenuous situation. .

Weekly $294-295.50 Calls
$294: .46-4.70 (+921%)
$295: .30-3.70 (+1133%)
$295.50: .24-3.05 (+1171%)

OTC Watchlist

When big boards get crushed, the OTC becomes something of a haven for traders who are looking for some action during this tumultuous time Here we have a watchlist of some of the ones we’ve been tracking, as well as some new targets to watch.

AGTK, FZRO, IPIX, GRPS, RAFA, NVNT, NUGL, PHOT

Sweeping Options Success

Total Options Success

We have a multitude of options updates for our readers this morning, including new highs for our Campbell’s ideas from Wednesday morning, and the figures from all three of yesterday morning’s fresh options ideas, which all worked out extremely well.

It is a continuation of what has been an incredibly adept playing of the current market conditions. Our readers are welcome to check our record thoughout this time, and any other (Find ALL of our reports easily at BlueHorseshoeStocks.com)

CPB Weekly $49-50.50 Calls
$49: 2.03-4.45 (+119%)
$50: 1.25-3.82 (+206%)
$50.50: .98-2.80 (+186%)
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VIPS Weekly $13.50-14.50 Calls
$13.50: 1.25-2.79 (+123%)
$14: .85-2.90 (+241%)
$14.50: .40-1.95 (+388%)
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MRVL Weekly $23.50-25 Calls
$23.50: 1.10-2.21 (+101%)
$24: .45-1.78 (+296%)
$24.50: .42-1.32 (+214%)
**$25: .01-.95 (+9400%)**
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SPLK Weekly $152.50-149 Puts
$152.50: 5.15-12.80 (+149%)
$150: 3.58-11.00 (+207%)
$149: 3.10-8.79 (+185%)
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Fresh Ideas:
SPY Weekly $294-295.50 Calls*

*Don’t trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds!

Hear AtLast Holdings, Inc. HRAL

We’ve been tagging a lot of OTC stocks for observation in our extended watchlists, as penny plays can often see a rise in activity when uncertainty hits the major markets.

HRAL was the most impressive performer from yesterday’s list, with two distinctive moves on the day, first from .035-.0549 (+57%) and then from .0301-.043 (+43%) works out to cumulative gains of up to 100%

More Pharma Winners

Pharma Updates

Ocular Therapeutics, Inc. OCUL – We’ve been observing OCUL for a couple months now, beginning with our report from Dec. 30th. The stock did rise considerably in a predictable pattern over the first two months of 2020, and thanks largely in part to the effect the coronavirus is having on many pharma plays, the stock really kicked the increases into high gear this week.

Subsequent to our report just prior to the New Year, OCUL was trading for a little as 3.83 a share, and its new high yesterday came in at 7.48, marking a solid rise of 95%
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Inovio Pharmaceuticals, Inc. INO – We signaled INO on Thursday morning, and provided an update again in yesterday’s report. From its low of 3.83, we have now witnessed an upswing of 145% as of the stock’s new high of 9.40 achieved yesterday.

The markets have begun to swing back and forth with just the kind of volatility that we relish, but it is highly unlikely that we are seeing the last of the coronavirus’ effect on stocks in general. With the outbreak not yet contained, it stands to reason that this volatility will persist for the foreseeable future.

Campbell Soup Co. CPB – Options Update

We offered up an options idea for the Campbell’s chain yesterday, the CPB Weekly $49-50.50 Calls. While the 49.50’s didn’t trade substantial volume, the other three contract sets in the range saw some nice moves.

CPB Weekly $49-50.50 Calls
$49: 2.03-3.10 (+53%)
$50: 1.25-2.58 (+106%)
$50.50: .98-2.10 (+114%)

Fresh Options Ideas:
VIPS Weekly $13.50-14.50 Calls
MRVL Weekly $23.50-25 Calls
SPLK Weekly $152.50-149 Puts

Extended Watchlist:
HRAL, ARYC, SPOM, NVNT, IQST, ABML

INO Update & More

Inovio Pharmaceuticals, Inc. INO

We signaled INO on Thursday morning, and this week, the stock has enjoyed some really solid activity, which facilitated the chance at a big gain for traders. We have observed a range of 3.83-7.48 in just a couple of sessions. That works out to total potential profit of 95%

It was a buck of the overall trend as many of these pharma plays have been doing through the coronavirus scare currently in progress. While the markets got a momentary boost from the Fed’s surprise rate cut yesterday, it was not long-lived, and the decline for other stocks continued throughout the majority of the session.

This morning, the stock has hit 8.80 in the premarket, extending our observed gain this week to 130%

While world governments rush to contain the spread of the virus, it would not yet be accurate to call it under control. We would expect much more hardship on the day-to-day for stocks before we’re out of the woods. So plays like INO are a welcome respite during this tumultuous time, and we’ll do our best to keep them coming.

Fresh Options Ideas
CPB Weekly $49-50.50 Calls
JWN Weekly $32.50-30 Puts

Extended Watchlist:
LLIT, NVNT, SPOM, TLRY, TOMZ

Multi-Bag Options Runners

SPDR S&P500 (ETF) SPY – Review

We really couldn’t have timed our call of the market reversal any better, and in fact, our handling of the whole coronavirus issue has been extremely fortuitous by all accounts. Our targets, the
SPY 03/13 $298-301 Calls, were able to see some excellent new highs on the strength of the rebounding market.

The following gains represent the lows subsequent to Friday’s call of these plays to the new highs recorded yesterday:

SPY 03/13 $298-301 Calls
$298: 5.67-14.21 (+151%)
$299: 5.44-13.97 (+157%)
$300: 4.65-13.42 (+187%)
$301: 4.54-12.47 (+175%)

JD.com, Inc. JD

We also had the JD Weekly $39.50-41.50 Calls, which we offered up fresh for yesterday’s report. Despite China fears abounding, this Chinese retailer dropped solid earnings and performed exceedingly well on the day.

All of our target contracts enjoyed significant multibag moves on the day.

JD Weekly $39.50-41.50 Calls
$39.50: 1.91-4.60 (+136%)
$40: 1.55-4.17 (+169%)
$40.50: 1.30-3.60 (+177%)
$41: 1.02-3.40 (+233%)
$41.50: .85-2.75 (+224%)

We’ll roll up to the JD Weekly $42.50-43.50 Calls to stay closer to the action as we head into the midweek point.
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Fresh Ideas:
KSS Weekly $39.50-41.50 Calls
TGT Weekly $109-111 Calls

Extended Watchlist:
CHK, CVGW, SBBP, IPIX,