Blue Horseshoe Stocks

Blue Horseshoe Stocks: SUNE, DIS Updates & More

SunEdison, Inc. SUNE

We first began mentioning SUNE last month, as we were noticing the stock had been steadily beaten back since midsummer. We placed the stock on bottom-watch and since reaching its ultimate low of 2.55 on November 20th, it has been making steady strides to the upside.

We tagged the stock for more intensive tracking in yesterday’s premarket report, and were met with even more advances. SUNE put forth a modest but solid 15% increase as it traded in a range from 5.65-6.47. From our observed low just a few weeks ago, SUNE has produced an overall increase of 154% We’ll continue to stay hot on its trail for as long as the bullish trend remains intact.

Options Recap – The Walt Disney Co. DIS

We were able to take advantage of the excitement surrounding DIS yesterday morning by submitting Weekly DIS $112-116 Calls for tracking, and in what seems like it’s become a regular occurrence for us, each and every set of contracts in our specified range made excellent intraday moves.

Here are the gains that were possible during yesterday’s session with these calls:

$112 Calls – Trading Range: 1.25-2.32 – Max Gain: 86%
$113 Calls – Trading Range: .80-1.58 – Max Gain: 98%
$114 Calls – Trading Range: .46-.95 – Max Gain: 107%
$115 Calls – Trading Range: .29-.54 – Max Gain: 86%
$116 Calls – Trading Range: .16-.29 – Max Gain: 81%

More Chatroom Success

Our good friend and chatroom participant, DJ, was up to his old tricks yesterday, entering yet another winning play into the mix.

NUVI was .008 x .009 at the time of DJ’s post (pictured above) and the stock ended up pushing to .0272 for an awesome 240% intraday surge.

Once again, a great example of why its a good idea to participate in our daily trader’s chats. To get involved, just send a Skype request to ‘stocksumo’.

Fresh Options Ideas – AAPL

This morning we’re looking to AAPL for a possible rally; the stock is gapping up and thus we will be looking for a potential dip-and-rip scenario. We are going to want to keep the Weekly $111-113 Calls on watch for today and tomorrow.

In the event AAPL pushes past the $113-mark, we’d of course look to roll up our strike prices to the $114’s and possibly even $115’s, depending on the magnitude of the surge.

Extended Watchlist:
SNGX, CHIT, EFFI, SRCO, VNTH, BTFL

Blue Horseshoe Stocks: RAS Update, Options & More

RAIT Financial Trust RAS

RAS was a point of focus in yesterday’s premarket report. We highlighted it as a stock that had been hammered back for the better part of the past two months, which was long overdue for a rebound.

Timing just doesn’t get any better, with RAS having just registered a brand new 52-week low in the previous session, the reversal we were after occurred as the stock traded in a daily range from a low of 2.30 on up to 2.57. While only a modest 12% increase, we’ll be very interested to continue monitoring RAS in impending sessions. The stock closed just a few pennies below the HOD on roughly 4.5X the 3-month average volume.

We’ll look for RAS to keep logging higher lows and establish a sustained recovery, and remember, there’s a gap on the chart beginning at around 3.15, the filling of which would put the price back at $4.

New Options Idea – The Walt Disney Co. DIS

There’s an unusual amount of excitement surrounding Disney this week, with Star Wars: The Force Awakens, the seventh movie in the Star Wars franchise set to hit theaters on Friday.

Add in the recent revelation that Alibaba (BABA) has teamed up with the company to distribute Disney films in China through a new device called DisneyLife, and we’re very interested in the potential activity these events could fuel in the DIS options chain.

As a result, we want to track contracts in the range of Weekly DIS $112-116 Calls for quick-strike chances, to try and take advantage of the current excitement. The stock is gapping up significantly in the premarket, so we’ll be on the lookout for an early dip-and-rip.

Extended Watchlist:
MCUR, MBLX, NGL, TERP, SUNE, AMBS, WEST, USAR

Blue Horseshoe Stocks: New Options Ideas, Bottom-Watchers & More

EffTec International, Inc. EFFI

EFFI was the standout play from yesterday’s daily report; we gained interest in this familiar play after noticing some abnormal volume and a PPS spike during Friday’s session.

The momentum it had built up was able to carry over into this new trading week, as the stock made its way from a low of .004 to .0056. It marked an intraday swing of 40% and puts us on alert for the possibility of further advances.

In terms of the technicals, the RSI just cracked into the power zone and the MACD is still bullish in appearance, with some serious upward divergence currently in effect. Provided the stock can continue to register higher lows on its way up, we’ll reserve space for it on our working watchlist.

RAIT Financial Trust RAS

RAS has come to our attention as a stock that has been plummeting of late, and we’re beginning to speculate as to how long the decline can continue. Though it may still have a ways to fall before ultimately reversing, we want to place it on a close bottom-watch as we feel the eventual rebound could produce palpable upward swings, especially with such a large gap to fill on the chart (pointed out below).

Hypothetically speaking, a return to its pre-gap levels would mean gains in excess of 75% over the current share price.

Fresh Options Idea – FedEx

FDX is presently trading near a prior support level, and with earnings scheduled for the post-market tomorrow, we want to signal a possible options trading idea.

We’re going to want to radar contracts in the range of Weekly FDX $140-145 Calls today and tomorrow for activity running up to the earnings call, incidentally, in the midst of the busiest time of year for parcel deliveries. Things could get quite interesting for this play inside of the next 36 hours, so we’ll be sure to keep our eyes peeled.

Extended Watchlist:
NRX, FXCM, BPMX, USMJ, URBF, UPZS

Blue Horseshoe Stocks: Options Review, Big Movers & More

Friday’s Options Ideas

Our closing thoughts in Friday’s premarket report were in regard to the activity we were seeing in the VXX. It was trending several percentage points above its 50DMA and we went ahead and signals our interest in tracking the VXX $20-22 Calls, with an accompanying idea of SPY $206-203 Puts.

For the second Friday in a row, the options chains of this ETN and ETF provided us with the chance to pull down huge single-session gains:

$20 Calls – Trading Range: 1.09-3.74 – Max Gain: 243%
$20.50 Calls – Trading Range: .75-3.20 – Max Gain: 327%
$21 Calls – Trading Range: .44-2.69 – Max Gain: 511%
$21.50 Calls – Trading Range: .11-.2.29 – Max Gain: 1981%
$22 Calls – Trading Range: .11-1.84 – Max Gain: 1572%

The SPY Puts also worked out, although the potential gains weren’t quite as dramatic. For example the $203.50 Puts ran from .54-1.99; a comparatively modest, yet still excellent intraday move of 268%

We did a quick video highlighting these and a few other great calls made last week:

Another Big Chatroom Play

As our regular readers are aware, we’ve been calling more attention to the daily live traders chats that we conduct on Skype (Send contact request to ‘stocksumo‘ to join in!) so folks have a chance to get in on some of the hot plays that get presented to the room. For the third time in the past few weeks, chatroom member ‘DJ’ produced a gem. The following snapshot from Thursday afternoon’s chat contains his signal to the group:

What happened subsequent to that on Friday morning was nothing short of jaw-dropping. RGDXQ simply exploded as it came out of the gate at a low of .0024 and soared an impressive 900% to the high-of-day at .024 early on in the session. That was followed by a few significant swings later on as well. Excellent work by DJ in giving us the early-warning on that one!

Our current trader’s chats are free and open to anyone for a limited time only, so get on Skype and send a contact request to ‘stocksumo‘ to join in!

HydroPhi Technologies Group, Inc. HPTG

We had HPTG tagged in Friday’s morning report as well, and despite a pullback early on in the session the stock did make a nice rebound. After dipping to .0032 it regained ground back to .0048, which amounts to a 50% swing. The close came just a couple of ticks below at .0046, so we’ll definitely leave this stock on our radars for the time being.

The PR that helped fuel Friday’s activity (link below) highlighted a pair of significant acquisitions made by HPTG, so we’ll also be interested to track that aspect of the story.

Hydrophi Technologies Purchases Pro Star Freight Systems and Pro Star Truck Center 2014 Reported Revenues of New Subsidiaries in Excess of $27 Million (Thu, Dec 10)

Extended Watchlist:
CRCO, EFFI, NNRX, SKYF, TDEY

Blue Horseshoe Stocks: Wrapping Up Another Great Week

Baristas Coffee Company, Inc. BCCI

We first placed BCCI on our tracking list on Tuesday in our premarket report (and every day since), and the stock has gone on to make bullish moves all week. From our observed low of .009 on Tuesday, it took BCCI just three sessions to register an enormous swing to upside.

Yesterday the stock reached as high as .0279 which marked an intraweek increase of 210% and it did so on near-record volume, trading more than five-and-a-half times its 3-month average.

USA Restaurant Funding, Inc. USAR

USAR is another stock we’ve been tracking over multiple sessions this week. We entered it into the mix on Wednesday morning, at which time we witnessed lows of .0015 followed by a 93% run to .0029. We continued to track it into yesterday’s session whereupon the stock pressed from .0026 to a new high of .005 (+92% intraday) before falling back to the .002-range.

Two consecutive days with moves of better than 90% is nothing tio sneeze at; the overall range we observed in USAR in just a pair of trading days amounted to 233%

Fresh Options Ideas

We had tremendous success last Friday with sets of inversely-correlated options plays, so much so that we’ll try to do it again today. The VXX and the SPY have a tendency to mirror each other in reverse; we’ll use that fact to formulate a group of ideas that we feel have good potential based on this morning’s premarket activity.

The VXX Is gapping up over 4%, trending above both the 50DMA (19.75) and the 200DMA (21.08), and the set of options we’re going to be monitoring as a result are the VXX $20-22 Calls. Conversely, we’ll also track the SPY $206-203 Puts.

Notice the line we’ve drawn on the following VXX chart snapshot; the $22-mark has been acting as a key resistance area in recent months. A break past that figure could spell significant advances from this juncture. In the event that occurs, we may need to look at rolling up our strike prices accordingly.

Extended Watchlist:
CBIS, MHRC, CANV, HPTG, DBMM