Blue Horseshoe Stocks

Blue Horseshoe Stocks: Reviewing PBR, HMLA, SPY & More

Petroleo Brasiliero SA (Petrobras) PBR – Options

Revisiting PBR this week as the stock has been trending up off of its lowest PPS in the last dozen years, continued to be a good decision yesterday.

For those that may have missed the reports, our primary targets were the PBR Weekly $5.00 and $5.50 Calls, with the $6 Calls as a conditional target in the event that PBR rebounded high enough. The action in the stock certainly provided us with the chance at solid gains across the board in the previous session, with the $5’s, $5.50’s, and $6’s logging intraday gains of 42%, 80%, and 175%, respectively.

That pattern of potential repeated itself and grew exponentially yesterday. The opportunities were as follows:

$5 Calls – Daily Range: .38-.66 – Max Gain: 74%
$5.50 Calls – Daily Range: .06-.28 – Max Gain: 366%
$6 Calls – Daily Range: .02-.05 – Max Gain: 150%

Moving forward, we’ll look for dip-and-rip off of this morning’s premarket high of 5.98, and for us to remain interested in these contracts, we’ll need to see support hold at or above 5.50 on that dip.

Homeland Resources, Ltd. HMLA

We were tracking HMLA through our extended watchlist yesterday, and observed a solid intraday run from the stock.

From an early low of .00189, the stock ran into the close as reached a new high of .003. That goes on the books as an intraday swing of 59% so cheers to anyone who pared some profits out of that move.

Fresh SPY Options Ideas

We had a tremendous amount of success with the SPY last week, observing astronomical moves in our targeted contracts. We even had an exceedingly rare, single-session mover of over 20,000%! We would be thrilled if today’s ideas yielded the chance at even a small fraction of those mammoth gains!

Based on yesterday’s activity on SPY chart, current market conditions, and time-decay evaporating premiums on weekly contracts, we’re going to look for quick-strike opportunities in the SPY Weekly $199.50-203 Calls.

Don’t forget: Trading options with a weekly expiration on a Friday inherently carries an elevated risk/reward dynamic.

Extended Watchlist:
ABHI, CMGO, HEMP, ACTL

Blue Horseshoe Stocks: PBR, PPCH Recaps & More

Petroleo Brasiliero SA (Petrobras) PBR – Options

After quite some time away from the stock, we revisited PBR in yesterday’s premarket report, and the timing was certainly fortuitous. In the past we had grown quite accustomed to the PBR options chain providing us with chances for quick-strike profits, and it appears some things don’t change.

We made our primary focus the PBR Weekly $5.00 and $5.50 Calls with attention also going the $6 Calls if PBR broke above 5.75, which it did for a brief time. In every case, the opportunity for sizable gains in the first hour of trading was present.

The $5 Calls ran 42% from .55-.78. The $5.50’s went from .20-.36, marking an 80% pop, and the $6’s made the most notable move, running 175% from .04-.11.

We’re going to keep a continuous eye on these contracts leading right up to their expiration tomorrow afternoon.

Propanc Health Group Corp. PPCH

As we were just mentioning in yesterday’s report, PPCH has been on quite a tear since we tagged the stock in Friday’s extended watchlist. Our observed low from that afternoon was .0276.

The stock has set higher highs and higher lows every single day this week, and yesterday would go on to break a nickel. At its PPS high of .052, it marked an 88% swing from Friday’s low. We’ll keep PPCH on our radars as long as it maintains support above a previous area of resistance around .04.

Compugen Ltd. PUGE

We also want to take a brief moment to point out the nice move made by another recent mention of ours. PUGE appeared in our extended watchlist on Tuesday, and has turned in a respectable two-session performance since that time.

The stock recorded a low of .006 on Tuesday, and yesterday it cracked the penny barrier, registering a high of .0105; a 75% session-over-session swing.

Axion Power International, Inc. AXPW

We’ve covered AXPW numerous times in the past, and after taking a look at the current setup of the chart, we’re going to begin watching it more intently in the sessions to come. Yesterday the stock was trading just .08 above its 52-week low, and it appears as if a rebound could be in the cards.

Extended Watchlist:
HMLA, RDSH, TPIV,

Blue Horseshoe Stocks: Recaps of PPCH, EGYH & More

Energy Holdings International, Inc. EGYH

EGYH presented us with a tremendous swing-trade opportunity after we began tracking the stock last week. It started off as a subpenny play, and following a low of .0081 a week ago today, it barreled its way past the one cent mark and well into pennyland.

The excellent five-session swing from .0081 to yesterday’s new high of .03 represents a move of 270% so congratulations to anyone who took advantage of even a portion of of those gains. We’ll continue to track the progress of EGYH provided it can maintain support above previous resistance at around .02.

Propanc Health Group Corp. PPCH

PPCH has appeared in our reports many times in the past, and most recently, we re-alerted and began tracking the stock at the end of last week. After an appearance in Friday’s extended watchlist the stock made its way down to a low of .0276 just prior to the close, and it hasn’t looked back since.

PPCH followed that swing-low with two consecutive bullish sessions, culminating in yesterday’s high of .0459 just before the end of the trading day. That registers as a 66% swing in slightly over two sessions, and it also logged considerably higher-than-average volume over that span as well.

We’ll look for PPCH to continue stringing together sessions of higher highs and higher lows, helped along by this recent surge in upward momentum.

Petroleo Brasiliero SA (Petrobras) PBR – Options

Speaking of old favorites, we’re revisiting another stock that has appeared numerous times (83 times including this morning, to be precise!) in our reports, and for good reason. Quite awhile back, we caught it coming off what was then its ten-year lows, and leveraged the recovery into thousands upon thousands in percentage gains via the options chain. If you’re a newer subscriber, feel free to go through our PBR archives to see just what we’re talking about.

We want to come back to PBR after all this time, because it has recently set a new 12-year low just prior to the beginnings of a rebound. The chart is ripening, as we’ve pointed out below, so we feel that now would be a good time to track some options calls.

To take advantage of a continued uptrend, we’re going to zero in on PBR Weekly $5.00 and $5.50 Calls for the moment. In the event that PBR manages to break past 5.75, we’d likely be looking at rolling our strike price up to the $6’s.

Extended Watchlist:
MNZO, ECRY, WSTI, RIG, AA

Blue Horseshoe Stocks: Continued Options Success & More

Continued Options Success

We kept pounding the table on SPY options to kick off the week yesterday morning, following some of the largest single-session moves we’ve ever witnessed came to the contracts we were tracking on Friday. The Weekly $191.50-193 Calls served up the chance at earth-shattering intraday gains ranging from 5966-26000% and while our ideas for yesterday obviously didn’t produce figures like those, the potential gains were still exceptional in and of themselves.

Based on the premarket activity mixed with our own expectations of how market activity would unfold, we specifically targeted the SPY Weekly $194-197 Calls and were very pleased with the ensuing action in every set contracts:

$194 Calls – Daily Range: 3.12-5.07 – Max Gain: 63%
$194.50 Calls – Daily Range: 2.91-4.57 – Max Gain: 57%
$195 Calls – Daily Range: 2.42-4.15 – Max Gain: 71%
$195.50 Calls – Daily Range: 2.19-3.77. – Max Gain: 72%
$196 Calls – Daily Range: 1.90-3.35 – Max Gain: 76%
$196.50 Calls – Daily Range: 1.59-2.95 – Max Gain: 86%
$197 Calls – Daily Range: 1.33-2.60 – Max Gain: 95%

The markets have now seen five consecutive days of a strong rally, so we’d expect to see a brief consolidation and course correction. In that event, we’ll look for the SPY to hold support in the $195-range in order for us to remain interested in the above-mentioned weekly contracts.

Lululemon Athletica, Inc. LULU

The last time we formulated an options-trading idea for LULU was roughly a year ago, and at that time we caught a single-session move of over 400%. We want to revisit this play again today; this time, with a longer-term idea. The stock itself is attempting to record a sustained rise off of recent lows, and the chart appears to be ripening toward that eventuality.

The idea that we’re going to submit accordingly is going to be the LULU November 6th $53 Calls (Last Trade 1.25) It’s quite feasible that we could see a return on the chart to the $56-range by the expiration date. That would push those contracts three dollars into the money, and would likely produce double-bag gains, so we’re going to place them on an extended watch.

Extended Watchlist:
AGTK, PUGE, PPCH, PMCS, EXEL, GNK

Blue Horseshoe Stocks: Friday’s Historical Session & More

SPY Options Recap

The SPY options we were targeting last week ended up enacting some of the most astronomical moves we’ve ever seen on Friday as the markets underwent the largest single-session red-to-green reversal in the past 4 years! We had already tracked multi-bag moves in the SPY Weekly $191.50-193 Calls which we originally signaled on Thursday, though they were mere drops in the bucket compared to the tremendous action exhibited to close out the week. These truly were some of the best opportunities to make windfall profits that you’re ever likely to see.

There simply aren’t enough superlatives to describe the profits that were possible. None of the following moves are misprints- this epic session most assuredly took place! Check out the breakdown of the possibilities on the contracts that we alerted just 24 hours earlier:

$191.50 Calls – Daily Range: .06-3.64 – Max Gain: 5966%
$192 Calls – Daily Range: .03-3.05 – Max Gain: 10066%
$192.50 Calls – Daily Range: .01-2.61 – Max Gain: 26000%
$193 Calls – Daily Range: .01-2.01 – Max Gain: 20000%

Premarket activity on the SPY this morning has fallen between 194.52-196.71 so we are going to adjust our strategy pertaining to the SPY accordingly. We’ll be on the lookout for a dip-and-rip within the first few hours of trading today. As the cards now lay, provided the action unfolds as anticipated, we’ll be tracking SPY Weekly $194-197 Calls to start the week. If the poor jobs numbers weren’t enough to sway the markets, very little else would be capable of doing so. Thus we are strongly inclined to believe that the bull market is still intact, and we’re due to see a carryover of Friday’s upward momentum into this week.

Energy Holdings International, Inc. EGYH

We tagged EGYH a little over a week ago on the 24th, and subsequently witnessed a nice move from a low of .0085 to .015 (+76%). Following a consolidation a new low of .0081 on Wednesday, we saw another larger spike to end the week on Friday. The stock managed to close at its high of day and new overall high of .02, which represents a 147% swing.

In order to keep our attention, EGYH will need to maintain support at or above the current 50DMA of .0084 on any pullbacks.

Clean Coal Technologies, Inc. CCTC

We enjoyed the chance at some nice multi-bag gains from CCTC recently, as we were mentioning in Tuesday’s report.

We also mentioned that for us to remain interested, we’d need to see the stock hold above the .65-.75 range. and as you can clearly see on the snapshot below, the stock has done an excellent job of that so far, earning itself continued placement on our watchlist as we kick off this fresh trading week.

Extended Watchlist:
WFRX, BCCI, SANP, FROT, NGEY, GNK(Bottom-Watch)