Blue Horseshoe Stocks

Blue Horseshoe Stocks: Winning NFLX Calls & More

Netflix, Inc. NFLX – Update

We had just come off of an excellent post-earnings options idea on Hasbro leading into yesterday’s session, and to keep the train rolling, we offered up an another options idea to go along with NFLX’s own earnings beat.

We’ve said it a hundred times and will probably say it a hundred more- quarterly earnings provide a fantastic method of using big board stocks to leverage huge short-term profits out of their options chains, and NFLX is illustrating that point to a tee.

We signaled our interest in the NFLX Weekly $117-120 Calls, and of course, they all made notable moves to the upside on the session:

$117 Calls – Range: 2.12-3.27 – Max Gain: 54%
$118 Calls – Range: 1.66-3.20 – Max Gain: 93%
$119 Calls – Range: 1.34-2.65 – Max Gain: 98%
$120 Calls – Range: 1.13-1.75 – Max Gain: 55%

Cannabis Science, Inc. CBIS – Update

We cautioned readers in yesterday’s report that the activity on marijuana related stocks has been ramping up, and in lieu of a traditional extended watchlist for the day, we posted a list of over a dozen to keep an eye on, and nearly all of them ended the day in the green.

One of the most solid plays out of the list was CBIS, which ran a healthy 44% from .034 to .0489, and did so on volume exceeding the monthly average roughly seven-fold. After that initial run, the stock pulled back before surging again toward the end of the day, and posting a strong close at .0475.
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We’ll look to keep monitoring the situation in not only CBIS, but the marijuana space as a whole. We’re confident enough in the present landscape to assert that the opportunities are most assuredly not going to end here. As we’ve stated multiple times now, recreational legalization in California (the world’s 6th-largest economy) is just weeks away. It figures to reinvigorate investor interest in pot stocks even more than we’ve seen to this point, as well as representing the toppling of a major domino in what we feel will ultimately be a chain-reaction leading to nationwide legalization.

According to the LA Times poll, roughly 60% of California voters plan on voting yes on Prop 64, which would mean that by this time next month, the entire West Coast from Canada to Mexico will be a prohibition-free zone.
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Added Note: We also want to add ICBU to our marijuana watchlist; a stock that we haven’t mentioned in the past, on the heels of an interesting PR. (>>View PR)

Banc of California BANC

Speaking of California, BANC stock has fallen off a cliff on immaterial news of a pending fraud investigation. We always look for knee-jerk selloffs like these, and in this case it actually happens to be coinciding with an earnings beat. That’s why we’re interested in signaling both the stock and some options ideas for this one.

We’ll be tracking the BANC Weekly $12.50 and $15 Calls for a short-term idea, and for an extended-term idea, the BANC 11/18 $17.50 and $20 Calls.

Extended Watchlist:
KEGX, GBHL, NGBL, BIOD, MRNS, DATA

Blue Horseshoe Stocks: HAS Recap, Green Rush 2.0

Hasbro, Inc. HAS – Options Idea

Yesterday, after noticing the recording of new 6-month lows on HAS the day prior, coupled with a premarket earnings beat, we signaled a range of options ideas in our report.

Our targeted contracts were the HAS Weekly $79-81 Calls,with the stipulation that if the stock broke the $81-mark, that we’d correspondingly roll up our strike price a level. Based on the activity in HAS, there was literally no wrong answer, as all of the contracts mentioned provided us with a shot at excellent single-session gains.

$79 Calls – Range: 1.50-6.63 – Max Gain: 342%
$79.50 Calls – Range: 1.10-2.92 – Max Gain: 165%
$80 Calls – Range: .83-5.79 – Max Gain: 597%
$80.50 Calls – Range: .62-2.20 – Max Gain: 255%
$81 Calls – Range: .50-5.13 – Max Gain: 926%
$82 Calls – Range: .24-1.25 – Max Gain: 421%

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Fresh Options Idea:

With NFLX beating on earnings yesterday post-market, we’ll signal a range of contracts to watch there as well. We’re particularly interested in tracking the NFLX Weekly $117-120 Calls.

The Start of Green Rush 2.0?

A couple of years ago, when marijuana stocks first began to emerge, and the march toward legalization in many places began, we termed it a ‘Green Rush’. It was a historical few months of exponential gains for anything even remotely tied to the cannabis space.

We’ve never stopped monitoring the sector, which, compared to practically any other, is still in its infancy. Recently, we’ve been reminding our readers to keep a keen eye as well, for if all things remain equal, it’s likely that California will become a recreational marijuana state in just a few week’s time. California is the most populous state in the country, and the proposed bill is more comprehensive than anything we’ve seen in the other states where prohibition laws have been scrapped. The ripple effect from the world’s sixth largest economy legalizing marijuana and its by-products will be significant indeed.

In fact, the effect of the anticipation is already kicking the tires on what could very well be Green Rush 2.0. Out of the top 14 traded stocks on yesterday’s scanner (pictured below) all but one have some link to the pot sector. Every last one of them are stocks that we’ve talked about in the past, and all of them (and more) will be high up on our working watchlist over the next several weeks.

We warned our readers of the first Green Rush before it kicked into full swing back in 2014, and we’ve been doing our best to do the same thing in advance of the forthcoming California vote on Prop 64, which should ultimately prove to be a real game-changer.

The symbols pictured above will also serve as today’s Extended Watchlist, in addition to FLDM, a declining stock that we want to put on bottom watch.

Blue Horseshoe Stocks: RT Recap, Fresh Ideas & More

Ruby Tuesday, Inc. RT – Update

It was in our premarket report the Friday before last that we perfectly called the bottom on Ruby Tuesday, as the stock registered a new 52-week low of 2.08 that day. It spent last week pushing its way ever upward, reaching a high of 3.20 on Friday, which works out to an increase of 54%

The extended term options idea that we formulated, the RT 11/18 $2.50 Calls, have also broken out as a result. From the low of .05 on the morning of our first alert, to Friday’s new high of .60 represented an astonishing one week swing of 1100%

We’ll want to continue to keep ourselves abreast of the situation here as we kick off another trading week. We want to see RT continue to register higher support levels each day, and with plenty of time left until the expiration of those contracts, a sustained rally for the stock would mean more gains on the options side of things as well.

Hasbro, Inc. HAS – Options Idea

We’re seeing another potential options trading opportunity unfolding with Hasbro this morning on the heels of its premarket earnings beat. In this case, the stock has also recently come down to 6-month lows, and is approaching heavily oversold territory. As our regular readers are aware, we’re always on the lookout for plays of this nature. Our targets of interest will be the HAS Weekly $79-81 Calls, unless the stock breaks 81, in which case we’d roll our strike price up to match the activity.

Sipp Industries, Inc. SIPC

We want to tag SIPC for observation this morning after running across a new PR in which the company disclosed that it has retired 395 Million shares (>>View PR).

Additionally, the stock has been in the process of consolidating off of a recent run to nearly a penny, so we’re going to be on the lookout for a potential dip-and-rip scenario.

Extended Watchlist:
CTRV, NEON, ENZ, OMER, UBQU,
STOY(Bottom-Watch)

Blue Horseshoe Stocks: Weekly Wrap-Up & More

StrikeForce Technologies, Inc. SFOR

Our first order of business today is to update readers on the strong recent performance of SFOR; the stock has made a really nice move from its PPS following our most recent mention on 09/27 at .0083.

Yesterday it reached .0175, marking a 111% swing in just over two weeks’ time. We’ve been tracking SFOR closely since this spring, when we observed the stock trading as low as .0006. From that price point to yesterday’s new high represents an exponential increase of over 2800%

AngioSoma, Inc. SOAN

Yesterday was SOAN’s first ever appearance in our newsletters, and for a maiden mention, it ended up doing pretty well for us, with a solid intraday push.

The stock traded in a daily range from a low of .38 up to .50; a 32% run which occurred on volume which exceeded the monthly average by more than three times. It also closed at its high of day, a bullish occurrence which qualifies the stock for continued monitoring as a potential momentum play as we prepare to close out another trading week.

Ruby Tuesday, Inc. RT – Update

Last Friday we signaled RT for both a potential bottom play and extended-term options call, and thus far it has panned out to a great idea in both respects. We called the bottom perfectly, seeing it trade as low as 2.08 that day, and inching its way up all week. Yesterday the stock reached a new high of 2.8599, marking a 37% move up.

That push allowed our options idea, the RT 11/18 $2.50 Calls, to make a fantastic move from a low of .05 up to .30. That works out to an even 500% rip, so congratulations to anyone who caught our timely alert and used it to their great advantage!
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Fresh Options Idea: We want to draw attention to JP Morgan on the heels of their premarket earnings beat this morning, and assign an options trading idea to correspond accordingly. We’ll focus on the JPM Weekly $68-69.50 Calls for potential daytrades, but remember, trading weekly options on a Friday is a high-risk proposition that should only ever be attempted by expert traders.

Additionally, please note that if the stock breaks the 69.50 barrier, we may need to roll up our strike price to the $70 Calls.

Extended Watchlist:
ABCE, AMMJ, GLRI, GLAG, ICRD, INVU, XXII

Blue Horseshoe Stocks: Options Plays & Other Updates

Alcoa, Inc. AA – Options Idea

The range of options contracts that we signaled for observation on Tuesday for Alcoa went on to extend their gains, just as we mentioned they might in yesterday’s report. We were zeroed in on the AA Weekly $32-30 Puts, and as AA continued its backslide right on cue, the trading ranges were indeed bolstered by a good margin.

Here are the updated figures of the possible gains:

$32 Puts – Range: 2.64-4.95 – Max Gain: 88%
$31.50 Puts – Range: 1.93-4.47 – Max Gain: 132%
$31 Puts – Range: 1.57-3.98 – Max Gain: 153%
$30.50 Puts – Range: 1.16-3.44 – Max Gain: 197%
$30 Puts – Range: .65-3.02 – Max Gain: 365%

Other Updates

BioStar Pharmaceuticals, Inc. BSPM – After catching this stock’s fantastic 96% intraday run from 3.60 to 7.06 on Tuesday, the stock saw a big dip yesterday, along with a subsequent rip that could have provided an early morning in-and-out opportunity.

After coming down to 4.27 it traveled back as high as 5.23, an intraday move of 22%
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Agritek Holdings, Inc. AGTK – We tagged AGTK for observation in Friday’s report, at which time the stock was seen trading as low .0092. After a few sessions of nominal trading, yesterday the stock really kicked things into high gear.

We saw a 152% daily run from .011 to a new high of .0277, and from the low we witnessed less than a week ago, a total increase of 201%

AGTK falls under the category of cannabis related stocks, which we’ve been tracking more heavily of late and intend to continue doing through the upcoming elections.
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OWC Pharmaceutical Research Corp. OWCP – We followed OWCP on its epic run beginning two Thursday’s ago and continuing through all of last week, which carried it from .0045-.073 (+1522%).

We strongly suggested that a dip-and-rip would be in the cards when the stock finally began to pull back off of its highs, and this week our assumption was proved accurate. From Tuesday’s swing low of .0322, yesterday the stock surged back to actually set a new high of .074. That means the dip-and-rip we were waiting for allotted us potential gains of up to 130%

Delta Air Lines, Inc. DAL – Fresh Options Idea

We’ve had extreme good fortune with bearish options ideas this week, and this morning we’re seeing another chance to take advantage of a backslide. Like the situation we saw with Alcoa, Delta’s chart is looking toppy at the moment, and when combined with the reaction to this morning’s earnings call we think we may see some nice activity out of DAL Weekly $39.50-38 Puts. The company beat on Q3 profits, but fell short on revenue, and is dipping in the premarket as a result.

Extended Watchlist:
ASCK, MCOA, NWAV, SOUM, HCTI, SOAN