Blue Horseshoe Stocks

Blue Horseshoe Stocks: Great Start to the Short Week

Oncolytics, BioTech, Inc. ONCYJumping off of yesterday’s extended watchlist was ONCY, which not only produced a fruitful session yesterday, but continued to push its upper limits this morning as it touched a premarket high of .90.

After tagging this play yesterday, we witnessed a low of .57 before ONCY took off to set a daily high of .74 (+30%). As of this morning’s premarket high of .90, the stock had registered a total increase of 58%

Lucas Energy, Inc. LEI

LEI put up a pleasing performance as well yesterday. After being included in Friday’s report and making a move from .26 to .362 (+39%), the stock continued its trend, cutting a path from its daily low of .34 on up to .45.

That run marked an intraday gain of 32%, and an overall increase of 73% over our observed low on Friday.

Gevo, Inc. GEVO

GEVO, another inclusion in Friday’s watchlist, also made gains for the second consecutive session, trading in a range from .257-.30 (+17%). At its high, it registered as an increase of 49% from Friday’s low.

MagnaGas Corp. MNGA

MNGAalso appeared on our extended watchlist yesterday, and made a comparatively modest yet solid 16% move during yesterday’s session.

Yesterday’s Options Ideas

We focused on some longer-term ideas with the following two plays yesterday, and despite that fact, were very pleased with the immediate price action.

VASCO Data Security International, Inc. VDSI – The 03/20 $25 Calls we outlined in yesterday’s report made two sizable swings. First, from 5.11-7.10 (+39%) followed by a big pullback to 1.60 before it ripped back to 4.60, adding a huge intraday move equaling 187%

Similar action in the weekly calls at the same strike price (4.91-6.70, .72-4.21) could also have facilitated large gains.

Medtronic plc MDT – In MDT we zeroed in on the 03/20 $77.50 and $80 Calls, and both sets of contracts made big moves for us. The $77.50’s ran from a low of 3.70 and went on to touch 5.90, marking an intraday spike of 60%, and the $80’s would trade in a range from .36-.83, which is a 130% jump.

Like VDSI, our longer-term idea could have applied to the weekly contracts here as well.

Extended Watchlist:
ROSG, ANGI, MSN, CUR, NOR, RUSS (Potential Bottom Bouncer)

Blue Horseshoe Stocks: Options Review & More

Last Week’s Options Ideas

Heading into the end of last week we had already been on fire with our options calls in prior sessions, and the exciting trend of huge gain opportunities continued on Friday as well. We floated a couple of last minute daytrading ideas in the web security sector with the following plays, and were handsomely rewarded for our efforts:

CyberArk Software, Ltd. CYBR – With CYBR, we were especially interested in the $50 and $55 Calls. The trading range on the $50’s was from 3.30-5.90. and that registered as an intraday gain of 72% The $55’s saw an even larger move from a low of .85 on up to 2.25, for chances at gains in excess of 165%

FireEye, Inc. FEYE – For FEYE, we targeted the $39.50, $40, and $40.50 Calls, and once again saw our ideas go green across the board. The $39.50 Calls made a move from 1.28-2.96, increasing 131% intraday. The $40’s made a big leap as well, logging a 220% move up from .75-2.40. Finally, traders in the $40.50 Calls had the opportunity for a double-bagger also, with those contracts rising from a low of .59, and reaching their peak at 1.82, a 208% gain.

Gevo, Inc. GEVO & Lucas Energy, Inc. LEI

These two stocks were two standouts from Friday’s extended watchlist. Both plays offered notable intraday moves, and each of them is gapping up even further this morning.

GEVO traded in a range from .201-.24 for an intraday gain of 19%, and this morning’s premarket high of .28 updates that increase to 39%

LEI performed quite well on Friday also, recording an intraday move from .26 to .362 (+39%). Rising as high as .399 in premarket trading today reflects a total gain of 53% that we’ve seen from Friday’s low.

Earnings Beats to Watch

As most of you are aware we’ve had tremendous good fortune this earnings season using exceeded expectations as leverage in some incredible options trades. We’ve got another pair of potential targets this morning which just beat Wall St. estimates:

VASCO Data Security International, Inc. VDSI – Another play in the presently-popular data security industry, our interest in VDSI is currently in the 03/20 $25 Calls (Closed at 5.06 on Friday) We suspect that they will open significantly higher given VDSI’s gapping up in today’s premarket trading.

Medtronic plc MDT – Concerning MDT, we’re going to keep an eye on the 03/20 $77.50 and $80 Calls. That gives us just under a month before expiration, qualifying both of these options ideas as longer-term items.

Extended Watchlist:
IBIO, ONCY, SGNL, BIOC, MNGA

Blue Horseshoe Stocks: PCLN, EXPE Recaps & More

Yesterday’s Options Ideas

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The Priceline Group, Inc. PCLN– The buyout of Orbitz by Expedia yesterday seemed to cause a ripple effect throughout the travel-booking sector yesterday, with many similar stocks making strong performances on the day.

The contracts that we proclaimed our interest in for PCLN were the the $1065-$1085 Calls, and with PCLN rising as high as 1102.26, substantial profits were there for the taking.

The $1065 Calls made an excellent 140% move from a low of 15.04 all the way to 36.20, while the $1085’s shot from 4.50 to 17.15 in a huge intraday increase of 281%

Expedia, Inc. EXPE – As far as EXPE itself, our premarket idea of the $86 Weeklies yielded an excellent opportunity as they moved up from 1.50 to 5.77, a 285% spike.

Those traders who chose to strike a bit closer to the money could have scored big with the $88 Calls as well, which traded in a range from .45-2.95 (+555%)

More New Ideas

We’ve done so well with options calls these past few weeks that there’s no point in stopping now! We’ve got a couple of new ideas to radar this morning in the web security business.

Both stocks are gapping up today, so we will be on the lookout for dip-and-rip scenarios to facilitate potential trades in the following:

CyberArk Software, Ltd. CYBR – With CYBR, we’re going to start off looking at the $50 Calls, which closed yesterday at 1.70, and the $55 Calls which closed at .60.

FireEye, Inc. FEYE – For FEYE, we’ll want to monitor the $39.50, $40, and $40.50 Calls (Closed at .55, .35, and .15 respectively.)

Extended Watchlist:
ARIA, CYTK, FXEN, GDP, HK, GEVO, LEI

Blue Horseshoe Stocks: New Options Ideas & More

PepsiCo, Inc. PEP

Our first order of business this morning is to pat ourselves on the back for yet another perfectly-timed options idea yesterday. Our hunch that the PEP earnings beat would help us score some nice profits paid off almost instantly.

To refresh your memories on that report, we specifically outlined $99, $99.50, and $100 Weekly Calls for daytrading opportunities, and the 02/20 $102 Calls for a little bit of a longer-term possibility. Each and every one of those contracts made a great move as PEP broke through the $100-mark.

Here’s a breakdown of the gains that were possible on the day:

$99 Calls – Range: .62-1.77 – Max Gain: 185%

$99.50 Calls – Range: .46-1.23 – Max Gain: 167%

$100 Calls – Range: .33-1.00 – Max Gain: 203%

02/20 $102 Calls – Range: .20-.37 – Max Gain: 85%

PEP has a strong outlook as well, remember, they just initiated a three-year $12B share buyback program, so we wouldn’t be surprised to see Pepsi’s name come up in future reports. Stay tuned!

New Options Ideas

The Priceline Group, Inc. PCLN

PCLN is the next company we’re looking at on the heels of an earnings beat. We want to milk this earnings season for all its worth, and think we’ve done an excellent job of it thus far.

The range of contracts that we are interested in on the PCLN options chain are the $1065-$1085 Calls ( Yesterday the $1065’s closed at 6.10, and the $1085’s closed at 1.42)

Expedia, Inc. EXPE Impending Buyout of Orbitz Worldwide, Inc. OWW

With EXPE buying out OWW, we want to float another couple of ideas to take advantage of the excitement.

For EXPE, we’ll be monitoring Calls in the range of $83-86, and as far as OWW goes, our interest lies in the $9-11 Call range.

RadioShack Corp. RSCHQ

Our continual coverage of RSHCQ this week yielded potential gains for the third consecutive session yesterday. We brought the stock to our reader’s attention on Monday, at which point folks could have entered the mix for as low as .1251/share.

The stock has set a new high each day since, with yesterday’s trading range running from .185 up to a high of .25. That marked an intraday gain of 35%, and an overall increase of 100% from Monday’s observed low!

Extended Watchlist:
CSCO, TRIP, IMTV (Potential Bottom Play, Interesting News Out)

Blue Horseshoe Stocks: RSHCQ Recap, FLSR, PEP Options & More

RadioShack Corp. RSHCQ

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Our close coverage of RSHCQ has really come through for us as the stock performed very well on Monday and then again yesterday. Our initial alert came at a low of .1251 on Monday morning.

Yesterday the stock made its way up from a daily low of .1461 all the way up to .2145. That was an intraday spike equaling 47%, and measuring from Monday’s low, an overnight increase of 71% so cheers go out to any of our readers who were following this play to some fantastic short-term gains!

As we stated in our previous reports, we plan to keep a close eye on Radio Shack as the company deals with the many complexities of Chapter 11.

New Options Ideas

PepsiCo, Inc. PEP

In the spirit of taking as much advantage of the current earnings season as possible, we have continued to scour for potential options trading opportunities on earnings beats. PEP is standing out on our radar screen this morning, with Wall St. expectations having been exceeded.

PEP is showing a healthy chart currently in an ascending wedge pattern, and the stock is in the process of breaking all-time highs so we’re also entering blue-sky territory with this one.

Along with its Q4 figures, Pepsi also revealed that it would be initiating a share buyback program to run through 2018 where the company intends to buy back up to $12B of its own stock, which bodes well for the long-term health of the beverage and snack giant. >> View PR

To potentially take advantage of the current conditions with PEP, we’re going to be looking at Calls in the $99-100 range. Yesterday the $99’s closed at .62, the $99.50’s at .46, and the $100’s at .33. After what we expect will be a significant gap-up followed by some measure of profit-taking we will be looking to get ourselves positioned for what could be a strong rebound in those contracts.

We can also keep watch over the Feb. 20th $102 Calls (Last Trade: .23) for a potential swing-trade into next week.

First Solar, Inc. FSLR

Yesterday upon receiving word that Apple, Inc. had negotiated a solar deal with FSLR worth nearly $850M, FSLR went crazy, running into the close and continuing to climb in after-market trading as well as gapping up in today’s premarket action.

As a result of these circumstances, we’re going to be monitoring the FSLR $48 Weekly Calls (Closed 1.51) for what has the potential to be a very nice, rapid gain opportunity.

Alibaba Group Holding Ltd. BABA – Reminder

We also want to take a minute to reiterate our longer-term options strategy regarding BABA. Yesterday we outlined the March 20th $95 Calls (Closed: .85) We could see those open a bit higher today as BABA is looking like it wants to gap up to slightly this morning.

Extended Watchlist:
AERO, AKAM, NVIV, LGBI