Blue Horseshoe Stocks: RKDA Explodes & More

Arcadia Biosciences, Inc. RKDA

We originally put RKDA on our radars toward the end of January, but in the ensuing weeks, the stock mainly traded sideways.

This week, both Tuesday morning and yesterday, we included it on our watchlist once again as we noticed it was finally building up some momentum. Yesterday that momentum turned into an absolute explosion as RKDA blasted off to an astounding new high.

Just since Tuesday morning it has traded from a low of 11.17 to a new high of 54.9895 yesterday. That’s a two day swing of 370% and a mind numbing increase of 1244% over the 4.09 low we observed subsequent to our initial mention!


Valeant Pharma International, Inc. VRX

On Monday morning, we tagged the VRX Weekly $15 & $15.50 Calls, and after finding success with those as VRX continued to move, yesterday we expanded our target range to include the $16 and $16.50’s  as well. After another bullish session, all of those ideas produced opportunities for big gains.

The $15’s from our observed low on Monday of .65, hit 2.21 for a gain of 240%, while the $15.50’s, from .30 reached 1.73, an increase of 477%

The $16 Calls ran from .35-1.24, for a single sessions rip of 254% and the $16.50’s traded in a range from .13 to .75, a 477% upswing.



Fresh Options Idea:

Dollar General Corp. DG Weekly $94-96.50 Calls


Extended Watchlist:
ABCD, ABEO, APRN, APTO, ONCS, EVEP, RUBI, XXII,

Blue Horseshoe Stocks: PIRS, Options Recaps & More

Pieris Pharmaceuticals, Inc. PIRS

We tagged PIRS in yesterday morning’s premarket report via the extended watchlist after the company released some press regarding a strategic partnership with pharma giant AstraZeneca. That’s all many traders needed to hear, as an incredible amount of buying came in, with volume on the order of more than 206 times the 30-day average.

That massive momentum gave PIRS a steady push in a bullish direction, as the stock rose from a low of 3.0299 to a high of 3.97, a solid intraday climb of 31% We would be quite surprised if that was last of the bullish activity in PIRS after such a big announcement and subsequent massive accumulation of shares.


Weight Watchers International, Inc. WTW – Options Recap

Our fresh options idea for the day yesterday was to track the WTW Weekly $24-25 Calls after noticing elevated post-earnings (out Tuesday) activity. Oprah’s association with the company that began at the end of 2015 has had a lasting positive effect and led to increased revenues and a heightened outlook for the remainder of the fiscal year.

Were looking for these things to drive some movement in the contracts we were looking at, and that’s just what happened early on in the session. Any of the three sets of contracts within our highlighted range would have given traders the opportunity to bank multi-bag profits right from the opening bell. The following gains were up for grabs in the first 45 minutes of the session.

$24 Calls – Range: .52-1.33 – Max Gain: 156%
$24.50 Calls – Range: .40-.81 – Max Gain: 102%
$25 Calls – Range: .32-.65 – Max Gain: 103%

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DISH Network Corp. DISH – Options Recap

Our bearish options idea from Monday morning’s premarket report was to monitor the DISH 05/12 $62-60 Puts after noticing that not only did DISH have a disappointing earnings release, but that the chart was also looking top-heavy prior to that.

Our idea has worked out exceedingly well, whether traders took our suggestion to go with the contracts expiring next week as we listed, or simply went with the weeklies, which also made massive moves. Here are the potential gains that were up for grabs on our listed contracts:

$62 Puts
– Range: .40-1.48 – Max Gain: 270%
$61.50 Puts – Range: .40-.91 – Max Gain: 127%
$61 Puts – Range: .21-.50 – Max Gain: 138%
$60.50 Puts – Range: .26-.43 – Max Gain: 65%
$60 Puts – Range: .10-.50 – Max Gain: 400%


First NBC Bank Holding Co. FNBC

Monday, on FNBC we commented that “we’ll have to monitor this one for its bottom, but after it’s reached we could in in for a heck of a bounce”. That bottom came the very next day at .0932 and yesterday, the big bounce we were mentioning came to pass as FNBC rushed to a high of .35.

That works out to a fantastic two-day swing of 276% and with the stock gapping up slightly in the premarket today, we could see an extension of those gains.


Extended Watchlist:
  APHD, MNKD, APTO, APHB, RNVA, SCON

Blue Horseshoe Stocks: LLY Options Recap & More

Eli Lilly and Co. LLY – Options Update

In our premarket report on Friday morning, we finished off with a set of fresh options ideas for the LLY chain, and were met with nice gain opportunities on the day on all accounts.

In addition to a daytrading idea with the LLY Weekly $72 and $72.50 Calls, which worked out in spades, we also got some really good initial movement out of the longer term target we put forth, the 01/20 $75 Calls.

Weekly $72 Calls – Range: .20-1.25  – Max Gain: 475%
Weekly $72.50 Calls – Range: .15-.80  – Max Gain: 433%
1/20 $75 Calls – Range: .77-1.39  – Max Gain: 81%

We offer congratulations to anyone who benefited from the short-term ideas, and we’ll be sure to stay on the trail of those 01/20 $75 Calls in the weeks ahead.


Globalstar, Inc. GSAT

We caught a glimpse of GSAT on our scanner this morning and feel it’s worthy of mentioning, based on a number of factors. Last week, the moves that the stock had been making off of its recent relative lows in the low .70-range began to increase.

On Thursday, the stock bullishly breached its 50DMA, culminating in a huge spike in volume on Friday. Roughly six times the monthly average trading volume accompanied a break of the dollar mark. We’re going to put this on watch as a possible momentum play.


AmpliPhi BioSciences, Inc. APHB

Speaking of bottom-bouncers, APHB cropped on our scan as well, and it has a look of high potential as it’s coming up off of its recently established annual lows.

In addition, there’s a gap to fill on the chart to the upside, and with the stock already trading up in the premarket, that’s a real possibility here. With such a ripe chart, we’ll be very interested to follow APHB’s activity out of the gate this morning.


Extended Watchlist:
NHMD, ECPN, EVOK, APTO, ANY(Bottom Play)