Blue Horseshoe Stocks

Blue Horseshoe Stocks: Reviewing Recent Winners

STOCK RECAPS

Much of our focus gets devoted to options ideas these days, as they represent the greatest chance for large short term gains for traders. However, we still scan every day for stocks, and we wanted to begin this new trading week by highlighting a few of our recent picks that have met or exceeded our expectations.

Bio-Path Holdings, Inc. BPTH – Beginning with the least recent, roughly five weeks ago on January 23rd, BPTH was a stock we tagged as a bottom-watch play. The stock essentially traded sideways for the next month, only making nominal gains. That is until the latter half of last week, when it began to heat up on Thursday, and subsequently explode on Friday, performing beautifully on the day. The stock logged the number one gain on the entire NASDAQ, as it traded up from a low of 2.65 before reaching a high of 8.84.

That works out to a mind-melting 234% single-session rise on massive volume, which is extremely uncommon for big board plays. Cheers to anyone who caught a ride on this shooting star!
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Lexicon Pharma, Inc. LXRX – Appearing in Friday morning’s report was LXRX, which certainly didn’t see the level of activity as the previously mentioned play, but still posted positive figures on the day. From a low of 5.55, the stock rose as high as 7.07, marking a comparatively small but respectable intraday increase of 27%
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China Internet Nationwide Financial Services, Inc. CIFS – Also included in Friday’s report was CIFS, which also had a reasonably strong session following our alert. The low came in at 2.30 before the stock surged into the close at its high of day of 3.25. That represents a solid intraday gain of 41% We’ll also want to see if the stock can carry some of that momentum at the close, over to this fresh trading week.

Funko, Inc. FNKO – Options Review

We also signaled our interest in the FNKO 03/15 $22.50 & 25 Calls on Friday, and we got solid performances out of those contracts. The $22.50 Calls ran from .28-.70 for a gain of 150%
while the $25 also recorded a 150% pop from .10-.25.
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Fresh Options Ideas:
SPY 03/04 $280.50-282 Calls*

*Never trade options on their day of expiration unless you are a highly experienced trader with access to disposable funds!

Extended Watchlist:
MYOK, OPHT, NK, CPST, SLS, TRHC, RKDA, MBOT, FTNW, FCEL

Blue Horseshoe Stocks: Closing Out Big Week

Arcadia Biosciences, Inc. RKDA

We tagged RKDA for the first time since May in our extended watchlist yesterday morning, and we were met with a fantastic intraday rip. The stock traded up from a low of 6.93 and managed an intraday high of 10.40 before tapering back into the close. Daytraders could have made a pass at gains of up to 50%

That represents 8-month highs for the stock, a feat which was made possible by the company’s entry into the cannabis space. RKDA will hire a number of agricultural scientists/geneticists to develop ideal strains of hemp. It’s a story we’ll definitely want to follow.

Fresh Options Ideas

We’d like to close out this trading week by once again selecting a group of fresh options ideas to watch today.

Puma Biotech, Inc. PBYI Weekly $33.50-36 Calls*
Foot Locker, Inc. FL Weekly $65-68 Calls*
SPLK Weekly $141-144 Calls*
FNKO 03/15 $22-25 Calls

*Please do not attempt to trade weekly options on a Friday if you are not a seasoned vet trader with disposable funds.

Extended Watchlist:
FLKS, CPRI, PTLA, FOMX, FNKO, OMER, HABT, LXRX, NVCN, CIFS

Blue Horseshoe Stocks: Options Roundup

GW Pharma plc GWPH – Update

Fresh for our premarket report yesterday morning was a set of short-to-intermediate term options ideas for the GWPH chain, the 03/15 $165-175 Calls.

We’re happy to report that the first day monitoring those plays yielded some solid gain opportunities for savvy traders. We’ll be sure to continue tracking, but for now the single-session gains it produced were as follows:

$165 Calls – Range: 7.40-14.30- – Max Gain: 93%
$170 Calls – Range: 5.80-11.80 – Max Gain: 103%
$175 Calls – Range: 2.50-9.54 – Max Gain: 281%

Etsy, Inc. ETSY – Recap

Tuesday morning, we announced our interest in the ETSY 03/15 $60-65 Calls, and while we saw some good gains out of it that day, we did mention yesterday morning that we would continue to track these ideas.

It was a good thing we reserved that space on our watch screen too, because ETSY followed up on its bullish Tuesday performance, with another solid upswing for Wednesday. The following figures are the overall increases from our observed lows in these contracts from Tuesday, to yesterday’s new highs.

$60 Calls – Range: 6.39-12.30 – Max Gain: 94%
$65 Calls – Range: 3.49-7.81 – Max Gain: 124%
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Lowes Companies, Inc. LOW

We also had the LOW Weekly $108-110 Calls on watch from yesterday morning‘s report and those fared quite well also.

$108 Calls – Range: .30-1.01 – Max Gain: 237%
$109 Calls – Range: .21-.50 – Max Gain: 138%
$110 Calls – Range: .08-.28 – Max Gain: 312%

Extended Watchlist:
JCP, RKDA, PCRX, VERU, ICPT, TTI

Blue Horseshoe Stocks: ETSY Recap, New Ideas

Etsy, Inc. ETSY – Update

Yesterday morning, we floated a couple of fresh options ideas, as we have become accustomed to doing, and ETSY was one of those ideas. We signaled our interest in the ETSY 03/15 $60-65 Calls, and while they didn’t exactly set the world on fire, we did see some very nice first-day gain opportunities from that idea.

The $60 Calls traded in a range from 6.39-10.20 on the day, marking a move of 60% The $65’s fared marginally better, putting up a run from 3.49 to 6.42, which marked a rise of 84% Those were some modest, yet very respectable single-session rips, and with nearly three weeks remaining before they expire, we’ll go ahead and keep these plays on our radar going forward.

Fresh Options Ideas:
Weight Watchers Intl. Inc. WTW Weekly $23-20 Puts
GW Pharma plc GWPH 03/15 $165-175 Calls
Lowes Companies, Inc. LOW Weekly $108-110 Calls

Extended Watchlist:
SMLP, PLNT, MED, BG(Bottom Watch)

Blue Horseshoe Stocks: FTNW Ripping & More

Unity Group, Inc. UNIT

To kick off the fresh trading week yesterday, we tagged quite a large number of stocks in our Extended Watchlist, including UNIT with the note ‘Bottom-Watch’ attached. The stock had been absolutely pummeled in previous sessions, and a rebound appeared imminent.

We didn’t have to wait any time at all for that bounce to occur, with the stock posting a heck of an intraday performance. From a low of 8.29, UNIT surged its way up to a daily high of 11.5. That marks a very solid first-day performance for this play amounting to a gain of 37% We will continue to track the stock for further gains as the week the progresses.

General Electric Co. GE

We also wanted to recap the recent performance of GE. We mentioned this play shortly after the new year on January 8th, and observed a low of 8.18 the following day. Since then,we’ve seen fairly steady growth out of the stock, as it has run from that low up to a new high of 11.75 yesterday.

That represents an overall increase of 47% in roughly 7 weeks’ time. GE also just cracked its 200DMA yesterday, with the RSI about to head into the power zone, so we’ll want to continue our monitoring of its activity in coming sessions as well.

FTE Networks, Inc. FTNW

After being in a general downtrend since June, we’re seeing some sparks of life from FTNW, which is roaring up off of its 52-week lows as a result of announcing over $115M in new contracts. We are going to place this on our radar and strap in for what could be an impressive push off of its bottom.

Up considerably in the premarket, there are resistance areas roughly around $4, $6 and $10, and FTNW has the potential to crack some or all of those levels with the surge off of this latest news.

Fresh Options Ideas:
Etsy, Inc. ETSY 03/15 $60-65 Calls
The Home Depot, Inc. HD Weekly $185-180 Puts

Extended Watchlist:
AYX, VSI, WP, SKYS, THC, SOLO, WIN(Bottom-Watch)