Blue Horseshoe Stocks

Blue Horseshoe Stocks: TRIP Recap, Bottom-Watcher & More

TripAdvisor, Inc. TRIP

Based on what we were seeing in yesterday’s premarket activity, we floated several sets of contracts to monitor for opportunities. The Weekly 78.50-82.50 Calls were our short term target range, with a longer-term idea of the 10/30 $85 Calls.

The biggest winners among those sets of contracts were the $80, $81, and $82.50 Calls, and we even saw a big jump in our longer-term calls as well.

$80 Calls – Daily Range: .85-4.10 – Max Gain: 382%
$81 Calls – Daily Range: .66-3.20 – Max Gain: 385%
$82.50 Calls – Daily Range: .30-2.25 – Max Gain: 650%
10/30 $85 Calls – Daily Range: 1.00-2.20 – Max Gain: 120%

Remember, yesterday we also mentioned that TRIP has a gap on the chart from roughly 86.50 to the $92 area. We’re still going to be open to the possibility of seeing that happen in coming sessions. Naturally, we’d have to re-assess and roll up our strike prices to stay closer to the money if things indeed unfold in that manner. Should we see another dip, we’ll just want to be sure TRIP continues to record higher lows each day in order to hold our attention.

Terra Tech Corp. TRTC

We want to radar TRTC as a potential bottom play. The stock recently came down to find support around a previous swing low from this summer, and is showing signs of life.

This morning the company released a positive PR relating to its cannabis products now being available in many more dispensary locations in California. We’ll be anxious to see how the combination of the news, and a ripening chart affects TRTC’s PPS in the days ahead.

Terra Tech Subsidiary IVXX Adds 60 New California Retailers Following New California Legislation (Thu 8:30AM EDT)

Extended Watchlist:
GEQU, MLPH, EEGI, SIRG

Blue Horseshoe Stocks: PLKD, VAPE Recaps & More

Pleasant Kids, Inc. PLKD

PLKD was one of a couple of stocks from yesterday’s premarket report to produce solid performances during yesterday’s session, leaving the door open for some tidy gains. We had noticed it building momentum in the previous session, and thought it seemed ripe for some further advances.

From an early low of .075, we watched as the stock steadily rose until lunch hour, when it registered a high of .105. That hashes out to a 40% intraday swing, and it came on more than three times the 30-day average volume, continuing the trend of momentum.

Ideally, PLKD would hold the 200DMA of .0599 as support on any upcoming consolidations. Failing that, we would need to see the stock hold at a minimum of .04 in order for us to remain interested.

Vape Holdings, Inc. VAPE

VAPE was the other play to work out nicely yesterday. If you recall we were just mentioning in our morning report that we had witnessed a low of .021 last Tuesday, and that the stock had registered higher highs every day since.

That pattern was sustained yesterday; following a dip to a daily low of .046 early on in the session, VAPE would go on to record a new high of .0685. That marked an intraday swing of 49% and a total increase of 226% over our observed low from last week.

Fresh Options Ideas

We took a little break from formulating options ideas yesterday, but we’ve got a couple of new targets to monitor this morning. Both of the following stocks are gapping up heavily this morning, so we’ll be looking for a dip-and-rip in both cases:

TripAdvisor, Inc. TRIP – For TRIP, provided it can maintain support at or above the 200DMA (77.95) on the dip, we’ll be looking at the Weekly 78.50-82.50 Calls. We’ll also radar the Oct. 30th $85 Calls for a possible longer-term play in the event the stock retraces and fills the gap back to the $92 area.

SanDisk Corp. SNDK – On SNDK, we’re going to be tracking the Weekly $65-68 Calls, and will remain interested if the stock can hold above 64.50.

Extended Watchlist:
CDNL, NESV, PJET, AMZZ

Blue Horseshoe Stocks: BIEL Recap, VAPE & More

BioElectronics Corp. BIEL

BIEL was a big winner among the stocks that we were monitoring following yesterday morning’s report. The stock traded in a range from .001-.0025, registering as an excellent 150% intraday move. It occurred on the highest daily volume recorded in more than 8 months, to the tune of nearly 11X its monthly average.

After seeing that kind of momentum building up, we’re curious as to how the action will unfold. If BIEL can maintain support above previous resistance at .0016 on any pullbacks, we’ll continue to reserve a spot for it on our watchlist.

Vape Holdings, Inc. VAPE

VAPE has turned out to be an excellent bottom-bounce call for us. After re-highlighting it in yesterday’s report we saw a nice 31% intraday pop from .052-.068, which also registered a new high since we’ve been following the stock.

We first brought this one up in our reports just over a week ago when we put it on bottom-watch, and last Tuesday it set a new annual low of .021. From that point on it has recorded higher highs and higher lows each day. As of yesterday’s new high, we had witnessed a one week swing of 224%

PharmaRoth Labs, Inc. ROTH

We also want to quickly point out a stock that we’ve been tracking recently which has produced a positive news announcement this morning with regard to its Type-II diabetes treatment, Sucanon(R). ROTH has been largely trading sideways since we tagged it for observation at the end of last week, but we’re going to want to keep a closer watch over the stock on the heels of this morning’s PR.

LAS VEGAS, NV–(Marketwired – Oct 13, 2015) – PharmaRoth Labs, Inc. (OTC PINK: ROTH), the exclusive producer, marketer & distributor of Sucanon®, an oral Type-II Diabetes treatment, announced today that Sucanon® has been approved for over the counter sales in Canada as a natural health product. The approval comes through Health Canada, the regulating health-care agency of Canada. >>FULL PR

Extended Watchlist:
PENC, CCTC, PLKD, EGYH, NNRX

Blue Horseshoe Stocks: Options Recap, ABHI & More

SPY Options Recap

To close out the week on Friday, we floated a set of options ideas for the SPY, noting our immense success doing the same in the prior week. We decided to track the SPY Weekly $199.50-203 Calls.and a couple of the contracts within that range produced multiple intraday swings, giving sharp traders the chance at some tidy profits.

The $201 Calls first traded from .65-1.08 (+66%), and followed that up with subsequent swings from .45-1.05 (+133%) and .14-56 (+300%).

The $201.50‘s were the other set of contracts with the most notable moves. After an initial rip of 79% from .38-.68, there came a dip-and-rip from .24-.68 (183%) followed by a third, from .04-.16 (+300%).

AmbiCom Holdings, Inc. ABHI

Placing ABHI on our extended watchlist on Friday turned out to be a great call. It was the first time we had ever mentioned the stock, which just so happened to be showing signs of life coming off of a recent 52-week low; just the type of play for which we’re constantly searching.

The reason for that was on full display as ABHI dipped back to a low of .0102 before registering a HOD of .015. That was good for an intraday swing of 47%

Homeland Resources, Ltd. HMLA

We began tracking HMLA on Thursday and witnessed a healthy 59% pop from a low of .00189 to .003 which, of course, we mentioned in Friday morning’s report.

On Friday we were treated to an even more impressive spike from the stock, as it extended its highs much further inside of the first 35 minutes of trading. It dipped back only slightly to .0022 and proceeded to shoot like a rocket to a high of .0044. That marked an intraday run of 83% and a two-session swing of 133% over our observed low on Thursday.

Esperion Therapeutics, Inc. ESPR

ESPR is a stock we’ve been familiar with in the past, and for the multiple reasons we’ve pointed out on the following chart snapshot, we’re going to submit some options-trading ideas to correspond with the setup.

We want to radar contracts in the range of ESPR Weekly $26-31 Calls. The stock is gapping up over 15% this morning, partially filling that gap on the chart. It has traded as high as $30 in the premarket.

Extended Watchlist:
BIEL, VAPE, CBMJ, ZAZA, FRFS

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