AMAZ Archives - Blue Horseshoe Stocks

NKLA Explodes!

Nikola Corp. NKLA – HUGE Gainer

To start off the week yesterday morning, we entered into an idea for NKLA, a stock which had been on a steady rise for about the last month. Thanks to another ripper of a day for the markets in general, NKLA gained more ground just during yesterday’s session than the entire month-long run that preceded it.

It was an absolutely massive run from 40.42-73.70. That’s an 82% intraday boom, which for a forty-dollar stock is simply incredible. The party is not over yet, either. Here in the premarket this morning, NKLA has attained another new high of 97.41, stretching our 24-hour observed gain on the stock alone, to 141%

We had also highlighted a couple of strike-points in the options chain, and the gains there were absolutely ridiculous as well, not to mention the fact that we expect them to open far higher this morning, based on the premarket activity. All around this has been one of the most exiting plays of the year so far for us.

Here are the intraday moves and total possible gains on our options targets:

NKLA Weekly $42-43 Calls
$42: 1.79-28.65 (+1500%)
$43: 1.34-28.00 (+1990%)
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Fresh Ideas:
TIF Weekly $122-124 Calls

JC Penney Co. JCPNQ – We had also tagged JC Penney in our extended watchlist yesterday and that stock also made a very nice move on the day. It traded in a range from .351 to .679, which represents a move of 93%
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iGen Networks Corp. IGEN – Additionally, we had included IGEN in our watchlist on Wednesday morning, and this subpenny OTC play has also put up quite a performance. It has run from a low of .0022, and yesterday reached .0083, which marks a total gain of 277%

Extended Watchlist:
IZEA, ABML, TRNX, ZHUD, AMAZ, BLXX, VIRA

2657% Gain on AMAZ!

Amazing Energy Oil & Gas, Inc. AMAZ – Another Update
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We were just mentioning our idea for AMAZ yesterday, that we initially flagged for observation at the end of April. We had also put a reminder in Monday’s extended watchlist. Despite already seeing a 1000%+ move, the stock wasn’t finished, and it put on quite a show yesterday.

The stock hit a new high of .0386, which from our observed low of .0014 less than a month ago, represents an absurd increase of 2657% which isn’t the highest, but certainly one of our top gainers of 2020 so far.

US Steel Corp. X – Options Update

We placed an options idea for the US Steel chain in yesterday morning’s premarket report on the heels of the company’s quarterly earnings drop.

Specifically, our targets were the X Weekly $8.50-9 Calls and while the gains observed weren’t eye-popping by any stretch of the imagination, they were still solid, and based on premarket activity today we expect to see these pile on even more gains at the open.

In the meantime, here’s the activity in those plays for yesterday’s session:

X Weekly $8.50-9 Calls
$8.50: .23-.38 (+65%)
$9: .07-.12 (+71%)
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Fresh Ideas:
CBRL Weekly $110 Calls
CRWD Weekly $100 Calls

Extended Watchlist:
TPTW, IGEN, TCHC, SPONF, HUGE

AMAZ-ing Gains!

Amazing Energy Oil & Gas, Inc. AMAZ
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After including in our extended watchlist yesterday, we saw a really impressive move from AMAZ, a stock we have actually been tracking since the end of April.

Shortly following our initial alert on this play it was a subpenny, trading for as little .0014 a share (05/05). Yesterday, AMAZ hit a new high of .016. That represents an overall increase of 1043% in a span of less than a month! It serves as a good example of why, even though our primary focus is quick-strike options trading these days, we still like to tag the occasional OTC play.

Fresh Options Ideas
MGI 06/19 $4 Calls
X Weekly $8.50-9 Calls

Extended Watchlist:
ABCE, HDII, HIPH, RTON, TREP, VRML

BIG Options Update & More

Big Lots, Inc. BIG – Update
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On Friday morning, we signaled some June calls in the Big Lots chain as the company dropped a beat on its quarterly earnings and revenues. Our targets were the BIG 06/19 $40-45 Calls, which also got some help from an afternoon push for the markets in general.

Of those three targets in our selected range, all three achieved multi-bag gain status for the session. Here are the single-session moves those contracts posted on the day:

BIG 06/19 $40-45 Calls
$40: 1.00-2.30 (+130%)
$42.50: .60-1.25 (+108%)
$45: .25-.75 (+200%)

Avantor, Inc. AVTR

We also caught AVTR off of this morning’s premarket earnings calendar, and are seeing a very interesting dynamic. Even as insiders dumped close to a billion dollars worth of AVTR stock last week, we have reason to believe that going bullish here could still be the right move.

The chart has been an absolute screamer for months on end, and 14 out of the 20 analysts to assess its current condition rate the stock a strong buy. We’re going to go ahead and signal interest in tracking the AVTR 08/21 $20-22.50 Calls.

Extended Watchlist:
AMAZ, BANT, VNUE, HIPH, GTEH

Hugely Successful Options Ideas

Prime Options Payoffs
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We have unearthed multi-bag caliber options ideas every day this week, and yesterday was no exception to that trend. Fresh ideas in Viacom, Marinus Pharma, and PayPal all gave us and our readers a chance to at least double our money on the day.

Here is the rundown of the the intraday profit potential of each of those contract sets:

VIAC Weekly $16-18 Calls
$16: .80-2.00 (+150%)
$17: .32-.77 (+141%)
$18: .11-.31 (+191%)
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MRNA Weekly $53.50-55 Calls
$53.50: .71-1.90 (+111%)
$54: .60-1.65 (+168%)
$54.50: .54-1.45 (+169%)
$55: .38-1.28 (+237%)
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PYPL Weekly $135-145 Calls
$135: 4.30-12.21 (+184%)
$140: 1.66-7.27 (+338%)
$145: .50-3.40 (+580%)
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Fresh Ideas:
UBER Weekly $31-33 Calls
SPY Weekly $295-294 Puts
ROKU 05/15 $124-126 Calls
OSTK 05/15 $16-17 Calls

SPO Global Inc. SPOM – Update

We also have an update on the stock side of things, we included a tag of SPOM in both Monday and yesterday morning’s premarket reports. This is a stock that we have had a good bit of success with in the past even prior to this week. The stock has been steadily climbing all week, with its run kicking into a higher gear yesterday.

From Monday’s low of .0781 to yesterday’s new high of .28, we’ve now witnessed an intraweek increase of 259%

Extended Watchlist:
VYST, SHMP, MGTI, CMGO, AMAZ, INTV