Blue Horseshoe Stocks: Earnings-Related Options Ideas & More

Earnings-Related Options Ideas

We’ve entered into another round of high-profile earnings releases, and as our routine readers are well aware, this has become a key device in our seeking of quick-strike profits with options trading.

Ebay, Inc. EBAY
On EBAY, we’re going to size up contracts in the $58.50-60 Call range, looking for a classic dip-and-rip scenario. Usually on a gap-up after an earnings beat we see profit-taking which leads to a pullback followed by a resulting bounce. We look to get positioned in some in-the-money calls on the pullback that we can unload when the rebound occurs.

Caterpillar, Inc. CAT
CAT beat on earnings as well, and the range of contracts that we’re most likely going to find the biggest chances for gains here, should fall between $86-89.  We want to stay in the money with our strike price and roll it up in the event the stock breaks out more sharply.

Petroleo Brasiliero S.A. (Petrobras) PBR

For PBR, which is sliding back following yesterday’s post-market earnings release, we’re going to look for possible opportunities in Weekly Puts in the $9.00-8.50 range, depending on the intensity of the downward pressure we see on the stock as the market opens.

Enzon Pharmceuticals, Inc. ENZN

This is a stock that we want to put on our radars as we head into week’s end; biopharmas have been hot, and ENZN is among those that have been breaking out. We’re anxious to see how this play will continue to fare as it has been streaking into the blue sky.

It’s much like the move we saw in the past couple of weeks from VLTC, which spiked on news of an increased stake by billionaire activist investor Carl Icahn. It so happens that Icahn also owns shares in ENZN, which makes for an interesting side note. We’ll certainly want to keep this one in our sights moving forward.

Yahoo, Inc. YHOO – Options Ideas

If you recall, we were sitting on the fence with our approach to YHOO options yesterday as the internet search giant had fallen short on earnings. We noted that the heaviest action would likely be in the  $44-45 Calls or Puts, depending on the tone of the trend.

It became quickly apparent that YHOO was pulling back further upon the open,and anyone who followed our idea and latched onto the $44 Puts were in for quite a ride as those contracts traded in a range from .17-.55; an intraday swing of 223% The $45 Puts also made a move from .56-1.29, a slightly more subdued yet still very respectable 130%

Great Basin Scientific, Inc. GBSN

We need to congratulate anyone who caught our flag of GBSN in yesterday’s premarket report, as the stock made a healthy intraday run from 4.60-6.10 that could have afforded traders gains of up to 33% on the day on the heels of some FDA-related news.

Extended Watchlist:
CYTX, BTU, SCYX, IBIO

Blue Horseshoe Stocks: PZOO Hits New Highs & More

Pazoo, Inc. PZOO

PZOO continued its established pattern of offering up sizable intraday swings, and went on to set a new high during yesterday’s session. It did hold support at a penny as we hoped it would, and traded up as high as .0125, for a 25% intraday move.

Our observed low on this play came a couple of weeks ago at .0049. Yesterday’s new high brought our total observed range on PZOO to 155%

The company also alerted us yesterday via a midday PR that its medical marijuana testing partner would be joining the newly-formed Nevada Cannabis Laboratory Association (NVCLA), which is the first such coalition to be formed in the state.

Voltari Corp. VLTC

VLTC’s epic run over the past three weeks, which we were just commenting on in yesterday’s pre-market report, received another boost with a noteworthy
performance that led to new annual highs once again.

The daily range on VLTC was 11.11 to 19.20, for a big intraday move of 73% Measured from the low of 2.14 we observed just three weeks ago to the day, that’s an enormous 797% swing. We’d call it incredible, but gains approaching (and often exceeding) the 1000% neighborhood are fairly commonplace for us, as anyone who has followed our reports for awhile can attest.

Our position with regard to how we’ll be approaching VLTC in coming sessions remains the same: Take advantage of any further increases with quick-trigger intraday trades, while keeping a sharp lookout for a sustained pullback.

Carl Icahn’s name and reputation have essentially been leading the way as the stock pushed to that impressive new 52-week high. When immaterial excitement propels a stock so high, so fast, we can be sure that a sell-off is somewhere on the horizon. Signs of that potential outcome were visible toward the end of the session as VLTC settled back to the $16-range at the close.

We’ll watch today for the possibility of a dip-and-rip scenario as VLTC is gapping up in early trading. Any consolidation is sure to lead to a potential bounce-play at some point, and as always, we’ll be ready to take advantage of those swings when they occur.

OSL Holdings, Inc. OSLH

Speaking of potential bounce-plays (and thousand-percent gainers, for that matter), we want to quickly jump back to OSLH, stock we currently have on bottom-watch. If you’ve been following along with our reports this month, you were with us as it exploded on a 1294% rip from .0021 (04/02) to .0274 (04/15).

OSLH has been peeling back off of those impressive highs over the past couple of sessions, and we’re going to want to keep a close eye for when it establishes a solid level of support, preferably at or above the penny mark. Opportunities should be available for quick gains on the subsequent rebound.

Yahoo, Inc. YHOO – Options Ideas

Despite YHOO falling short on earnings in its report out after yesterday’s close, we will be looking for any potential dip-and-rip scenarios, provided it can hold support at the 50DMA of 44.12 on any pullbacks.

We will be watching the $44-45 Calls and Puts, choosing when it becomes apparent which way the trend will carry. We can then jump in the money with our strike price and could be looking at significant gain opportunities.

If YHOO doesn’t hold that 50DMA as support then we would look for a protracted pullback and some added downside pressure, and go to the Put-side. If it can dip-and-rip, the Calls will see the action.

Extended Watchlist:
PKT, GBSN, ONVO, ANGI, CTIC, VGGL

Blue Horseshoe Stocks: VLTC Recap & More

Voltari Corp. VLTC

A unique opportunity presented itself when billionaire activist investor Carl Icahn disclosed his increased position in VLTC (52% ownership) on April 1st. We tagged the stock in our premarket report that morning as it was gapping up, and have become more and more pleased with that decision as time goes on.

After witnessing a low of 2.18 the following day, it has been mostly northward movement as the stock has slowly but surely made its way to impressive new highs. We’ve been tracking it all along the way, with routine followup mentions on the 8th, 10th, 16th, and again in yesterday’s report.

During yesterday’s session VLTC made a nice move from a low of 8.75 to a new 52-week high of 10.41 at the close. It marked a healthy intraday run of 19%, and represents an overall increase of 377% from our observed low on April 2nd.

Anyone trading in this play has certainly thought of taking profits by this point, and reasonably so. That being said, with a high-profile investor like Icahn involved, we’ll have to be sure we don’t let VLTC slip off of our radars as we go forward.

When we finally do see a consolidation off of this historic run, we’ll immediately transition into bottom-watch mode and lay in wait for a subsequent rebound.

Pazoo, Inc. PZOO

We also want to give a quick update on PZOO, which as our readers are aware, we’ve been tracking pretty heavily in recent weeks. Like VLTC, it was also April 1st that we re-introduced this one into the mix. We’ve witnessed many intraday swings since then, that have offered multiple opportunities for successful trades.

Yesterday, the stock made its way from a daily low .0093 and spiked 18% to a new high of .011. That means that from the low of .0049 we observed on April 6th, PZOO had increased by a total of 124% It also closed at .0105; we’d like to see the stock work toward building a base of support at that key penny-level, however on any potential pullbacks we’ll want to see it hold support at or above the channel between the current 50DMA of .0074 and .008.

As we mentioned yesterday, we’re still rather “high” on marijuana-related stocks and PZOO remains one of our favorite ones, in its unique niche of medical cannabis testing/analysis.

Extended Watchlist:
LRCX, MYL, BIOC, BCLI, IBIO, LRE, TWDL, WSTI

Blue Horseshoe Stocks: Big Day for Cannabis Stocks & More

April 20th is here, and it marks a symbolic day for the legal cannabis sector. Our regular readers know that we’ve been following this relatively new market space since its inception. Public opinion on marijuana reform has shifted drastically over the past few years, and the signs are everywhere.Mainstream media has long since jumped on the pot bandwagon, airing numerous specials on the subject, like CNN with Dr. Sanjay Gupta’s “Weed” series, the third installment of which aired last night.

It is also likely that the cannabis issue will be thrust even further into the spotlight as it has the potential to take a significant role in the 2016 presidential elections.

We’ll be sure to follow along as we’ve been doing, all the while keeping our eyes open for potential plays in the space. We’ve got a couple popping up on the radar this morning.

ENDEXX Corp. EDXC

We’re taking notice of EDXC, whose recently acquired business has been presenting at the High Times Cannabis Cup in Denver which was in full swing over the weekend, and runs through the end of today.

The stock is coming off of a recent bottom and has been holding above its 50DMA since the end of March when the company’s acquisition of CBD Health Solutions was announced.

We’ll have this one on watch as the chart and the company’s activities both seem to have potential.

CAVE CREEK, AZ–(Marketwired – Apr 20, 2015) – Endexx Corporation’s (OTC PINK: EDXC) newly acquired subsidiary CBD Health Solutions LLC., has a booth in tent S4 at the annual Cannabis Cup in Denver, CO, through April 20th. Early reports are showing excellent reviews of the sample products and sales have been generated. The CBD Health Solutions’ team has been canvassing multiple markets over the past 90 days and sales contracts are growing on a weekly basis. >> FULL PR

FutureWorld Corp. FWDG

FWDG is another cannabis-related play that caught our eye this morning.

The company released a PR announcing an upcoming share dividend (Link below); since it isn’t uncommon to see stocks make a run into dividend dates, we’re going to monitor FWDG in the time between now and April 30th.

Chartwise, we’d like to see the stock get back above the 50DMA (.004). There’s a gap to the downside between .0024-.0028, so the possibility that it come come down to fill that gap before we see a rebound is certainly possible.

Easton Pharmaceuticals, Inc. EAPHEAPH is a play that we’ve been familiar with in the past; we’ve witnessed it produce huge gains on multiple occasions including a massive 1848% run from .0041-.0799 back in January-February 2014.

Then again from December ’14 to January of this year, the stock ran big in a range from .006-.0353, yielding potential gains in the neighborhood of 485%

The company released some very exciting news this morning pertaining to the purchase of a recreational marijuana facility in Colorado, so we’ll want to keep a close eye on this play as well into the foreseeable future.

Extended Watchlist:
GRPN, VLTC, HQCL, OCN, PVCT, CYCC

Blue Horseshoe Stocks: PMCB Update & More

PharmaCyte Biotech, Inc. PMCB

When we released a special report on PMCB back on Tuesday of last week, we commented on the promising nature of trials the company currently has underway relating to various treatments based on its Cell-in-a-Box® technology.

At the end of last week, PharmaCyte announced some promising research specifically pertaining to its diabetes treatment, with the claim that it can actually reverse Type-1 Diabetes in mice.The full paper can be found at http://www.nature.com/articles/mtm201511. Human trials are the next step to take, and needless to say, should the treatment prove effective using PMCB’s encapsulation technology (that we described in our initial report,) acquisition by a large pharmaceutical company could become a very real possibility.

That also seems to be the thinking on the Street, as PMCB has made some impressive strides on the chart over the past several sessions. From the low of .12 that we observed in this play on 04/08, it has made its way up as high as .22; a respectable 83% overall increase. That impressive high came during yesterday’s session in conjunction with a breach of the current 200DMA of .19.

PMCB will be one that we want to keep on continuous watch due to its potentially industry-disruptive diabetes treatment.

Pazoo, Inc. PZOO

PZOO has been a flipper’s dream since we re-initiated coverage on it just a couple of weeks ago. Yesterday’s low registered as .008 before the stock bounced back to .0097, a 21% intraday swing.

It was the same story on Wednesday; we saw PZOO dip to a low of .0074 before returning as high as .0103 (+39%) We’ve continually stated that we’d like to see the stock trading at or above the .008 range which, for the most part, it has continued to do.

CEO David Cunic appeared in an audio interview yesterday, and this morning we’re seeing another PR directing our attention to an 8-K filing which outlines a recent agreement, among other things, so our readers might want to check out those links.

In the meantime, we’ll be on the lookout for upcoming intraday gain opportunities from PZOO, such as those that it has delivered numerous time over the past several sessions.

Identiv, Inc. INVE

We also want to make a quick mention of INVE, which made a solid 14% move yesterday as it traded in a range from 11.12-12.67. It came on over ten times the 3-month average volume, so we’ll be observing this one as the week draws to a close, and possibly into next week.

Extended Watchlist:
RXII, ONCY, ZBB, UNXL

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