Blue Horseshoe Stocks

Blue Horseshoe Stocks: Successful Options Plays & More

Options Recap

We kicked off this short trading week with a couple of options ideas yesterday, and both plays got off to a good start.

Tiffany & Co. TIF

TIF was our top-billed options idea from yesterday morning’s premarket report, wherein we signaled our interest in tracking contracts in the range of TIF Weekly $66.50-64 Puts for quick-strike opportunities. The company announced less-than-favorable results for the quarter which set the stock up for a tumble, just as we’d suspected.

The contracts that jumped out to us as seeing the most activity were the $65’s and $64’s. The $65 Puts traded up from a daily low of .51 and hit 1.65 for potential intraday gains of up to 223%, while the $64 Puts jumped 132% from .56-1.30.

We’ll leave ourselves open to the idea of seeing even more downside on TIF, especially with market conditions in general continuing to lag.

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Netflix, Inc. NFLX

Our other options trading idea from yesterday was pertaining to NFLX. We said we wanted to take advantage of the anticipation leading into yesterday’s post-market quarterly earnings reveal, and our strategy worked to a tee.

We had set our sights on NFLX Weekly $105-107 Calls to take advantage of what we were observing, and every set in that range produced chances for notable intraday profits:

$105 Calls – Trading Range: 7.00-9.50 – Max Gain: 36%
$106 Calls – Trading Range: 6.30- 9.25 – Max Gain: 47%
$107 Calls – Trading Range: 6.02-8.40 – Max Gain: 40%

NFLX did beat Wall Street’s expectations, and is presently bucking the overall trends as it gaps up here in the premarket. We’re going to look to roll up our target strike prices to the range of $110-112 Calls as our previously tracked range has now been pushed deep into the money.

Other Noteworthy Gainers

We had a couple of plays on the stock side of things make decent moves after appearing on yesterday’s premarket watchlist. While they didn’t quite go exponential on us, both of the following made good, solid moves to the upside during yesterday’s session.

Pleasant Kids, Inc. PLKD

PLKD saw its low come in at .2109, and it got off to a fast start, reaching its high of .285 within roughly the first half hour of trading. That logged as an intraday pop of 35% The company is aiming at a name and symbol change (Next Group Holdings, Inc. NEXT) after its recently completed merger (View 8-K). The request is still being processed by FINRA at this time, but we’ll keep our eyes open for updates, and remain on this plays trail as long as it can hold support above yesterday’s swing low.

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Goodrich Petroleum Corp. GDPM

The other stock from yesterday’s watchlist to produce an intraday spike was GDPM, which recently delisted from the NYSE to the OTC (Formerly NYSE:GDP). We witnessed the stock run from a low of .071 to .095, a respectable 33% pop which occurred on slightly higher-than-average volume. It managed to close at .088, holding a good portion of yesterday’s daily advances, so we’ll let it remain on our radars as we cruise through this midweek.

Extended Watchlist:
BCCI, TPAC, HCTI, PKGM(Bottom-watch)

Blue Horseshoe Stocks: Form-4 Watchlist, Options Ideas & More

Insider Buying Watchlist

Both of the following are plays that we’ve tracked in some capacity in the past, and each of them grabbed our attention with recent insider transactions of a sizable magnitude which were executed at higher levels than the current PPS. We like to monitor stocks whose directors have confidence in future price performance, and that’s the impression we get when they soak up large blocks of shares in this manner. Each of these stocks is also currently trading at a relative bottom, so we’ll be watching in the days and weeks to come for signs of bounceplay opportunities.

The ExOne Co. XONE

In the case of XONE, CEO Kent Rockwell last weekend filed a Form-4 indicating the purchase of a $13M block of XONE at 9.13, more than a dollar per share higher than the current PPS. This is a significant development that warrants heavy monitoring for XONE.

Esperion Therapeutics, Inc. ESPR

The traunch of shares purchased by ESPR director Tim Mayleben wasn’t nearly as large as the previously mentioned block, but still, a $100K investment is nothing at which to sneeze. The trade was executed at 14.08 (Current PPS:13.77). ESPR has just come up off of its newly established 52-week lows, and has been going through a bout of serious under-performance, so we’ll want to keep our heads on a swivel for any developments that might kick this thing into gear.

Fresh Options Ideas

To kick things off this week on the options front, we’ve formulated a couple of ideas based on announced and expected earnings, and the resultant activity we’re observing here in the premarket.

Tiffany & Co. TIF

We’re looking at going bearish on TIF, which, on the heels of a lackluster holiday season in terms of jewelry sales, failed to meet or beat earnings expectations and is currently gapping down in early trading. We’re going to track a range of contracts here, namely the TIF Weekly $66.50-64 Puts, for potential daytrades.

Netflix, Inc. NFLX

NFLX has its earnings call slated for the post-market today, and we’re going to want to track a range of calls in anticipation of that event. We’ve witnessed runs into earnings so many times before, it’d almost be foolish to ignore NFLX under the present circumstances. We’re going to keep an eye on NFLX Weekly $105-107 Calls to take advantage of a possible continued run-up for the stock.

Extended Watchlist:
SBS, AEZS, SHOP, COTE, GDPM, BVAP, PLKD(Bottom-Watch), FREE(1-for-60 Reverse Split)

Blue Horseshoe Stocks: Potential Momentum Plays & More

Skystar Bio Pharmaceutical Company SKBI

SKBI is new to us, and it caught our eye as one we’re going to need to watch over coming sessions. It has recently been trending up on light volume, and we like the setup of the chart; as you can see below there are a number of tech indicators pointing to the possibility of further gains. We’ve got a rapidly strengthening RSI rushing toward the 50-line, along with a recent MACD cross showing sharp upward divergence.

We’re going to want to see SKBI hold the low .60’s range as support going forward to maintain our confidence in its ability to keep stringing together more positive sessions.

Coastal Integrated Services, Inc. COLV

COLV was included in yesterday morning’s extended watchlist as an item of interest, and it did perform well enough for us to leave it on our radar to watch for a possible continuation of momentum.

The stock traded in a range from .0011 to .0015 for a modest 36% intraday burst, and it came in on slightly higher than average volume. In order to hold our attention, COLV needs to continue to establish higher base levels of support so to start with we’ll be looking for it to maintain above yesterday’s .001 swing-low.

Penn Virginia Corp. PVAH

We mentioned PVAH in yesterday’s daily report, and the stock posted a decent intraday performance even despite having been recently delisted from the NYSE and relegated to trading on the OTC.

From an early low of .058 the stock managed a healthy 46% pop, running as high as .0848 on the day. Like the aforementioned play, we want to see PVAH trade no lower than yesterday’s low to keep our interest piqued into next week.

Extended Watchlist:
TALK, BTFL,MCOA, GDPM(coming off lows), SIRG(momentum play)

Blue Horseshoe Stocks: TPAC, TRTC Recaps & More

TerraTech Corp. TRTC

TRTC is a stock we’ve been familiar with in the past that we re-alerted in yesterday’s premarket report, and the timing was excellent. The recent surge in this marijuana stock was catalyzed by Tuesday’s announcement that the company had acquired one of California’s highest-volume medical cannabis dispensaries (>>View PR)

Tuesday’s session brought a comparatively modest move before the news really had a chance to circulate, but the fact that the deal creates the first dispensary attached to a publicly-traded vehicle cause large outlets such as Forbes and TIME Money to post articles on TRTC toward the end of the day.

The buzz generated enabled us to swoop in with our premarket mention yesterday just in the nick of time to catch the stock’s run from a low of .1148 all the way .182 for a solid 59% intraday surge. The stock managed to hold at .1797 into the close and did so on over ten times the 3-month average volume, so we’ll definitely keep watch over the impending activity today.

Trans-Pacific Aerospace Co., Inc. TPAC

TPAC was a huge call for us yesterday morning as well producing a potential double-bagger for traders despite the fact that we had already tracked it to huge gains just recently.

We began mentioning TPAC midway through December, and around that time we’d observe the stock trading at a low of .0006. We continued to track it over a huge run-up which culminated in the mid-.006 range last week before the stock started to see some consolidation.

Yesterday morning’s re-alert was a result of our noticing TPAC rebounding off of a bottom on Tuesday, and the recovery continued as it ran from .0018-.0039 on the day. That goes down in the books as a 117% intraday surge from a stock that has now treated us to multiple swing-trade opportunities in recent weeks.

Ambient Water Corp. AWGI

Also coming off of yesterday’s watchlist with a respectable intraday performance was AWGI, which took off from a low of .0076 and reached .0109. That represents a nice intraday run of 43% and it came on massive volume of just over fifteen times the 3-month average. That definitely raises AWGI to potential momentum-play status, so we’ll need to keep an eye peeled for further activity as things get going this morning.

Chatroom Reminder

We caught PVAH in yesterday’s live trader’s chatroom, and would have a chance to jump in as low .047 before it ran up to .083 for an intraday move over over 75% It’s definitely one that we will want to continue to watch for the establishment of higher base levels of support moving forward.

It also gives us a reason to remind our readers that participation in our daily trader’s chats which currently take place via Skype is as simple as sending a contact request to username ‘stocksumo‘. All of our loyal readers are most welcome to join in!

Extended Watchlist:
ELGL, GNBT, VOIL, BLTA, COLV

Blue Horseshoe Stocks: Options Updates, BLTA Recap & More

Shire plc SHPG – Options Update

Yesterday morning, we focused in upon a range of options contracts in the SHPG chain, and the headliner from that group turned out to be the SHPG Weekly $180 Calls. The stock itself made a run from around midday into the close and exceeded the $180-mark, facilitating a double-bag intraday move out of those contracts.

The $180’s soared from a low of 1.76, running as high as 4.26 for a highly respectable single-session pop of 142%

SHPG is gapping up in the premarket this morning, so we’re going to let it remain a point of focus for us today. We’ll be on the lookout for the possibility of another dip-and-rip formation, and as the situation may dictate, roll up our strike price to the $185-level.

Baltia Airlines, Inc. BLTA

BLTA was an item from yesterday morning’s premarket watchlist, and despite getting off to a slow start, the stock actually made a solid intraday move that offered up the chance at appreciable gains.

We observed the stock’s daily low come in at .0017 before seeing a bounce take it to .0027, which amounted to a solid 59% swing. As you can see from the following chart snapshot, there are a number of indicators which suggest some upside potential still remains. We’ll want BLTA to maintain support in the highlighted channel in order to hold our attention.

Fresh Options Idea – Wells Fargo & Company

WFC has put together a couple of solid sessions this week to rebound off of a recent relative bottom, and appears to be setting up for another one today as it gaps up in the premarket.

Not only has it just received an analyst upgrade, but the company will report Q4 earnings on Friday morning prior to the opening bell. We’ll look to take advantage of the wave of anticipation and possibly see some nice activity in the WFC 02/12 $52-54 Calls.

Extended Watchlist:
TRTC, TPAC, AHIX, TALK, AWGI, MAXD