Blue Horseshoe Stocks: UVXY Recap, Options Review & More

Options Updates

ProShares Ultra VIX Short-Term Futures (UVXY) – 

In Friday’s premarket report, we essentially served up our readers an absolute gem of an options idea on a silver platter, when we identified the high potential of some prime intraday flip opportunities.

We posited that the overall markets would see a pullback, and offered our take on a good way to leverage that eventuality for quick-strike gains in weekly UVXY contracts. The markets were indeed hammered back for most of the session, and as a result, our assumptions paid off in spades.

Our specified target range included UVXY Weekly $73-78 Calls, and every last set of contracts provided us with the chance to bank multi-bag gains. Check it out:

$73 Calls  – Daily Range: 2.17-8.10 – Max Gain: 273%
$74 Calls  – Daily Range: 1.47-7.20 – Max Gain: 390%
$75 Calls  – Daily Range: 1.17-6.40 – Max Gain: 447%
$76 Calls  – Daily Range: 1.10-4.53 – Max Gain: 312%
$77 Calls  – Daily Range: 77-4.34 – Max Gain: 464%
$78 Calls  – Daily Range: .57-3.68 – Max Gain: 545%

Updated Idea:

With another reversal appearing likely with this morning’s gap-up in the markets, we’ll want to swing our attention in the opposite direction. The SPY generally trades inversely to the UXVY, thus we’ll be monitoring SPY Weekly $195-197 Calls in the event of a continued uptrend signal.

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Longer-Term Ideas – Update

For each of the past two Thursdays, we’ve mentioned our interest in a set of longer-term options ideas for a number of tech stocks, namely the 9/18-10/02  FB, GPRO, GMCR, AAPL, NFLX, and TSLA Calls.

With between 1.5-3.5 weeks until expiration on the contracts contained in that range, we’ve seen some nice moves already, and we want to continue to keep an eye on this whole group. With the volatile flux we’ve observed in recent market activity, further opportunities could certainly present themselves in coming sessions.


PharmaRoth Labs, Inc. ROTH

We noticed some exciting news hitting the wires this morning for ROTH, and the PPS is currently down to a relative bottom, so we’re going to tab this subpenny play for extended observation.

Blue Horseshoe Stocks: VTLC Review, Options Ideas & More

Voltari Corp. VLTC

VLTC is a stock we’ve been tracking since early this spring. The increased stake of billionaire activist investor Carl Icahn caused a frenzy at that time and led to the stock being one of our more successful calls to date in 2015.

Since the last time we were talking about it, VLTC has been under a general consolidation and caused us to turn our attention back with a momentous session yesterday. The stock produced a nice intraday run from a low of 6.24, and cracked through its 50DMA at 7.06 en route to a 8.33 high.

We’ll look for VLTC to maintain support at or above that 50DMA in order to retain our immediate interest, but for the long -term, we’re interested to see how the company’s recently announced shift in focus from mobile marketing to commercial real estate development will affect the stock in the future.

Diodes, Inc. DIOD

We’re seeing an interesting set of events unfold with DIOD, as it has been announced that the company will be acquiring another publicly-traded entity, (Pericom Semiconductor Corp. PSEM) in a transaction that will reportedly result in immediate accretion of PSEM’s added value to DIOD’s earnings per share.

It raises an interesting situation with a stock that is now coming off of a recent relative low, and as a result we’re going to formulate an extended-term options idea with the DIOD 10/16 $20 Calls.

We’ll want to see DIOD hold above 21.69 (50DMA), and test key resistance around $23. If it can manage to do so, those contracts should present us with the opportunity to reap tidy profits.

Potential Options Idea:

Today’s jobs numbers could render the Fed more likely to raise interest rates sooner than expected, which would put some fear into the markets and cause another dip. This morning’s premarket activity seems to suggest that’s what’s happening.  In which case, we’ll want to be standing at the ready with a corresponding options idea.

If things unfold as expected we could see some big opportunities for quick-strike intraday gains in the UVXY Weekly $73-78 Calls.

Blue Horseshoe Stocks: ASTI Recap, Options Reminder & More

Trevena, Inc. TRVN

Of all of the plays that we were monitoring via our extended watchlist in yesterday’s premarket report, the most potent intraday performance came from TRVN. The stock had made a nice move in the previous session, had pulled back, and looked primed for another nice move based on the premarket activity we observed.

As the overall markets saw a trend reversal, TRVN made a solid, steady, run from a daily low of 9.21 up to 11.47; that registered as a 25% increase on more than 12X the 3-month average volume.

The stock is increasing further in the premarket today (traded as high as 11.83 thus far), so we might want to look out for the possibility of a slight dip followed by a continuation of yesterday’s momentum.

Ascent Solar Technologies, Inc. ASTI

ASTI is a stock we’re very familiar with, as a quick tag search of our archives reveals, we’ve taken advantage of this stock multiple times over the years. A couple of weeks ago, we tagged the stock as a bottom-watch play after noticing it was being beaten back to new 52-week lows.

We stated that ASTI was a prime candidate for a bounceplay, and an extreme item of interest “because when a rebound does occur, it could be very significant.” and we couldn’t have been more spot-on in that assumption.

It’s ultimate low of .10 came just three sessions hence, and the impressive multi-day recovery pushed ASTI as high as .3597 yesterday. That represents an overall swing of 260%

Options Reminder:

Last Thursday just as the markets were becoming highly distressed, we formulated set of longer-term options plays to watch once a market rebound began to occur.

Yesterday, another reversal came to pass, so we just wanted to issue a brief reminder of the potential targets we listed, and are still tracking heavily: 09/18-10/02 Calls in the FB, GPRO, GMCR, AAPL, NFLX, and TSLA chains.

Extended Watchlist:
AXPW & VRA (Nice Moves Yesterday, Still on Watch),
MEI, GBSN, GEVO

Blue Horseshoe Stocks: PZOO News Update

Pazoo, Inc. PZOO – Update

We began turning our attention back to PZOO at the end of last week, and provided an update on Monday on it’s 24% intraday run. We’ve talked about wanting to see it maintain support at or above the 50DMA, and so far it has done a good job of that, closing well above that mark at .0073 yesterday. Key areas of resistance are built up at .008, .01, and .011.

This morning, the company has provided a news update that we feel is quite worthy of passing along. It pertains to the growing success of the AccuVape line of multi-medium electronic vaporizers, so definitely check that out below.

We’ve also prepared a video highlighting some of the key points of the PZOO Chart:

WHIPPANY, N.J.,, Sept. 2, 2015 /PRNewswire/ — Pazoo, Inc. (OTC Pink:PZOO), is pleased to report that its 100% wholly-owned subsidiary CannabisKing Distribution, LLC. has experienced an accelerated rate of new sales of AccuVape. Over the past two weeks, over 10 new accounts have been signed up with Cannabis King…

In the next few weeks, CannabisKing expects to begin marketing additional product lines currently listed on its recently launched website at www.cannabiskinghq.com.   (>>>VIEW FULL PR)

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You can also review the PZOO earnings call released this week which contained a lot of important information. >>>Read Transcript or >>>Listen to Call

Extended Watchlist:
AXPW, XGTI,VRA,TRVN,
HRZN(Double-Bottom Setup)

Blue Horseshoe Stocks: MDCO Options Recap & More

The Medicines Co. MDCO

We were spot on in terms of the options ideas we offered up in yesterday’s premarket report.
After taking a look at the premarket activity being driven by some untraded-upon press, we targeted the MDCO Weekly $38-41 Calls. We specified that we’d be on the lookout for a dip-and-rip scenario to give rise to chances in that range, and it turned out quite well.

Here’s a look at the possibilities for big gains that traders were afforded with those contracts: 

$38 Calls  – Daily Range: 2.30-3.50 – Max Gain: 52%
$39 Calls  – Daily Range: 1.75-2.55 – Max Gain: 46%
$40 Calls  – Daily Range: 1.05-2.40 – Max Gain: 129%
$41 Calls  – Daily Range: .80-1.75 – Max Gain: 119%

Other Notable Gainers

A couple of the stocks we’ve had on bottom-watch which we mentioned in yesterday’s report had modest yet notable sessions to kick off the week, and we’ll continue to monitor for signs of continued recovery in both instances. 

Bon-Ton Stores, Inc. BONT – We’ve been on BONT’s trail for a couple of weeks, and yesterday the stock made a slight jump from 3.60-4.07 for an intraday move of 13% and held the majority of those gains into the close.

SFE Entertainment, Inc. SFXE – SFXE also made a nice move from a low of .91 up to 1.04, a 14% jump, and it too held the majority of its ground, closing above a dollar.

VelocityShares 3X Long Crude Oil ETN (UWTI)

We’re seeing some bullish patterns on the UWTI chart that we felt were worth pointing out. As you can plainly see on the annotated snapshot below, this particular note has traded record volume en route to logging four consecutive sessions of higher highs and higherl ows off of its recently established 52-week low.

We’ll be on the lookout for the possibility of further advances provided that Crude Oil futures can see a sustained uptrend over recent lows.

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