Blue Horseshoe Stocks

Blue Horseshoe Stocks: Huge Options Wins & Much More

Options Updates

We targeted a range of options calls in both FedEx and Adobe yesterday, as both stocks were showing good premarket activity on the heels of their earnings reports. It illustrated perfectly why we’re always formulating post-earnings options ideas.

FDX Weekly $165-170 Calls
$165 – Range: 5.35-9.00 – Max Gain: 68%
$167.50 – Range: 3.16-6.71 – Max Gain: 112%
$170 – Range: 1.42-4.18 – Max Gain: 194%

ADBE 10/21 $100-110 Calls
$100 – Range: 6.55-8.58 – Max Gain: 31%
$105 – Range: 2.80-4.21 – Max Gain: 50%
$110 – Range: .83-1.41 – Max Gain: 70%

Both stocks are gapping up again this morning, so we expect to see extended gains on these contracts today.

Recovery Play Updates

Yesterday’s session confirmed validation of all three of the bottom-bouncers that we highlighted in Tuesday’s premarket report.

MGT Capital Investments, Inc. MGT and ACRE Realty AIII – These were both new for us on Tuesday, getting our attention as stocks that were heavily oversold after reaching new lows. As it turns out, we timed those bottoms perfectly, as you can see in the side-by-side chart snapshot below.

So far the range we’ve observed on MGT is from 1.77-2.58, a 46% rise, and in AIII, a move up from .90-1.20 (+33%). We’ll stay on their trails to watch for a continuation of these rebounds.

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NovaVax, Inc. NVAX – While it did appear on our Bottom-Bounce Watchlist on Tuesday, NVAX began its own recovery when we initially brought it to the table in Monday’s report. We’ve included a snap of this chart as well so you can see the excellent progress it’s made since then.

To this point we’ve witnessed a three day swing of 43% from 1.36-1.94. The stock closed at that high, so it too will be granted a reserved slot on our radars in coming sessions.

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Jammin’ Java Corp. JAMN

We alerted JAMN as a potential bottom-play last Tuesday and it too has made a solid move to the upside since then.

We saw the low come in at .0011 following that mention, and yesterday the stock reached a new high of .0025. That represents a 127% rip off of its lows in just over a week’s time.

StrikeForce Technologies, Inc. SFOR

This is a stock that we’ve been familiar with in both the distant and recent past, and we included it once again in yesterday’s report. The stock kept piling on the excellent momentum we’ve observed over the past few sessions, and ultimately set a new high for us, falling just short of breaking the penny barrier.

SFOR traded in a modest intraday range from .008 up to .0095, a 19% increase, closing strong once again at .0094. From the low we observed following our next most recent mention of the stock (.0036) the new high represented an overall swing of 164%

We’ll be interested to see if SFOR can maintain momentum and breach into Pennyland. The last time it came close was nearly a year ago.

Extended Watchlist:
MSTX, CNAT, CTIC, APYP, MAXD, NUGN

Blue Horseshoe Stocks: NWBO Review, Options & More

Northwest Biotherapeutics, Inc. NWBO

We’ve been mentioning NWBO this week beginning on Monday, and yesterday, despite already having seen some solid gains from the stock, we were met with a second consecutive solid intraday performance.

NWBO traded in a daily range from .551 to .76, which marked a surge to the upside of 38% and from our observed low subsequent to its appearance in our morning report on Monday (.5018), yesterday’s high represented a two-day swing of 51%

We’ll continue to track the progress here, and will be anxious to see if the stock can maintain it’s multi-day runner status.

More Bottom-Watchers

Yesterday we submitted a bottom watchlist consisting of three oversold stocks that we’re going to want to keep on our radars for the possibility of an eventual rebound (MGT, AIII, NVAX). This morning, we’d like to add a couple more to that list for us to monitor in sessions ahead.

Each of the following stocks appears to be egregiously oversold, and both have just registered new 52-week lows; two key components we look for when searching for potential recovery plays.

Gordman’s Stores, Inc. GMAN

Towerstream Corp. TWER

Fresh Options Ideas

We also want to delve back into the realm of options trading this morning, with a couple of ideas based on post-market earnings releases yesterday.

As our regular readers are well aware, we’ve used post-earnings options calls to find MAJOR short to intermediate-term success on countless occasions in the past, and these are just the types of plays for which we’re constantly scanning the landscape.

Our new targets are the following:

FDX Weekly $165-170 Calls

ADBE 10/21 $100-110 Calls

Extended Watchlist:
EBIO, GLRI, USLV, SFOR, LOGX, ADMS

Blue Horseshoe Stocks: APTY Recap & More

APT Systems, Inc. APTY

We reasserted our interest in APTY in yesterday’s morning report, after initially mentioning the stock on Friday prior to its respectable run of 38% that day from .0032 to .0044.

We were right to do so, as the stock opened up the new trading week with a bang. Maintaining support on a slight early morning dip at Friday’s swing high of .0044, the stock spent the remainder of the session on a steady uptrend.

Ultimately we witnessed a surge to a new high of .0069, which marked an intraday surge of 57%, and from our observed low of .0032 on Friday, it represents a two-day overall upswing of 116%

We’ll continue to have an eye peeled here, and APTY can sustain our interest by maintaining support at or above .0056 on any pullbacks.

Northwest Biotherapeutics, Inc. NWBO

We also want to make a quick note of NWBO, which we tagged in yesterday’s report as well, and will want to keep it on our radars moving forward for signs of further upward movement.

The move we observed was relatively modest, an intraday jump of 28% from .5018-.64, but more importantly, the stock carried over the momentum from the previous session, and we’re going to be on the lookout for that to continue. We’ll have a spot reserved on our tracker for NWBO as long as it continues to register these higher highs and higher lows.

Bottom-Watchlist

In lieu of our typical ‘Extended Watchlist’, today we’re just going to go with a bottom-watchlist. The following plays are trading near recent relative lows, and qualify for oversold status.

MGT Capital Investments, Inc. MGT – We’ll have MGT on a passive watch, as it seems like it could have a little farther to fall before making a rebound. We’ll look for it to ultimately find support and make a reversal at or above the current 200DMA of 1.58.

The company has just been denied the issuance of 43.8M shares by the NYSE regulatory office that are needed to close MGT’s acquisition of D-Vasive. The eventual rebound may possibly coincide with the resolution of this temporary roadblock. (>>View PR)
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ACRE Realty LP (AIII) – As a result of trepidation over interest rate hike speculation, Real Estate Investment Trusts like AIII have been taking a pounding. As the aforementioned play, there could still be some room to the downside, so we’ll have to keep a careful watch for a bottom over the next few sessions.
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NovaVax, Inc. NVAX – We also want to provide an update on another bottom-play we brought to the table yesterday morning. We noticed a mega gap-down on the chart as the stock fell from the $8-range to the $1-range on Friday, and to start out the week, NVAX did manage to record higher highs and higher lows, although there has been no major PPS increase just yet. We’ll continue to monitor for a more significant rebound off of its recent bottom.

Blue Horseshoe Stocks: Bottom-Plays, Options & More

Novavax, Inc. NVAX

Our first item of interest this morning is going to be NVAX. This play set off our alarms on Friday when the stock was downgraded on the heels of ill-received trial data on the company’s RSV (respiratory syncytial virus) vaccine.

Whenever we see knee-jerk reactions take place, and Friday’s backslide of more than 80% certainly qualifies in that category, we like to place the battered stocks on watch for the subsequent recoveries that occur as often as not.

With the monster gap that Friday’s activity left on the chart (1.20’s to 8.10’s), it will be very interesting to see how the stock responds as we kick off a fresh trading week. Prior to that it had been on a fairly steady four month uptrend that almost reached the 100%-mark. All these factors playing in at once are plenty enough to reserve a slot for NVAX on our radars in coming sessions.

Netflix, Inc. NFLX – Options Idea

We’ve tracked NFLX options to great success on multiple occasion in the past, and today seems like a good time to take another run at it. Along with being on the uptrend for the past six or seven weeks, the stock breached its 200DMA in a bullish manner on Friday, a signal that further advances could be in the cards this week. NFLX is gapping up slightly in the premarket this morning.

In accordance, we want to have an options idea ready and waiting to take advantage should a continued surge be in the cards. The targets we want to zero in on are the NFLX Weekly $99.50-101 Calls for potential swing trades.

APT Systems, Inc. APTY

We alerted our readers to a PR put out by APTY on Friday alluding to the planned purchase of shares out of the open market by the company’s CEO. That coincided with a reasonable amount of momentum that the stock had carried into that session from the one prior.

We mentioned that we liked the chances of the stock seeing some further increases for Friday’s session, and we weren’t disappointed on that front. APTY traded in a solid range from .0032 to .0044, a respectable intraday gain totaling 38%

We’ll remain interested in this play provided it can maintain support above Friday’s swing-low of .0032.

Extended Watchlist:
USLV, CFRX, NWBO, AKBA, ETRM, PTIE

Blue Horseshoe Stocks: WYNN Recap & More

Wynn Resorts, Ltd. WYNN

We saw an opportunity to jump on some quick-strike WYNN calls yesterday morning,despite the stock already having made a ten-dollar move to the upside since we first began tracking it at the beginning of the month. The Macau gaming industry is booming, and the positive outlook has related stocks doing so as well.

We targeted the WYNN Weekly $108-110 Calls and regardless of the chosen strike-point from within that range, hefty single-session gains were there for the taking. All three sets of contracts made major moves:

$108 Calls – Range: .55-2.05 – Max Gain: 272%
$109 Calls – Range: .40-1.58 – Max Gain: 295%
$110 Calls – Range: .20-1.10 – Max Gain: 450%

The stock appears to be consolidating slightly in early trading this morning, but we’ll be on the lookout for further activity in these plays provided it holds support above $108 on the dip.

APT Systems, Inc. APTY

We’ve taken notice of APTY this morning, which has built up a nice little head of steam in recent sessions. The latest run has been helped along by yesterday’s PR that the CEO intends to buy shares out of the open market to increase her position, as well as already having what we consider a tight share structure.

Based on those factors, its positioning on the chart, and the volatility which is characteristic of such a subpenny play, we’re going to want to keep an eye peeled for more solid swings to the upside in sessions to come.

Misonix, Inc. MSON

We’re also looking at MSON this morning, which we like for the setup of the chart. As you can see on the snapshot below, a major selloff occurred yesterday, and the stock is making its way down to a previous level of support, which we’ve pointed out.

We’ll be looking for it maintain above that $5-level, and some subsequent bounce action. At present the stock is screaming toward heavily oversold territory, so it’ll be interesting to see how it unfolds from here, all things considered.

Extended Watchlist:
NAVB, CPRX, CAR, GLRI, XLIT, COSI, ANDR