Tag: ASUV

Blue Horseshoe Stocks: Options Review & More

Options Updates

Under Armour, Inc. UA – On Thursday, we signaled interest in the UA Weekly $45-48 Calls and as you may recall, on that day we were provided the chance at gains spanning from 42-186% from contracts within the range. We mentioned the following morning that we expected to see further moves out of them. Our assumption proved accurate.

Multi-bag intraday gains were there for the taking, and the trading ranges in some cases exceeded any of the big gains we’d seen on Thursday by a wide margin: 

$45 Calls – Trading Range: .87-2.05 – Max Gain: 136%
$45.50 Calls – Trading Range: .54-1.54 – Max Gain: 185%
$46 Calls– Trading Range:  .20-1.10  – Max Gain: 450%
$46.50 Calls – Trading Range: .10-.57 – Max Gain: 470%
$47 Calls – Trading Range: .02-.20 – Max Gain: 900%

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Bank of America Corp. BAC  – We were also targeting BAC options last week, namely the BAC 07/15 $15 Calls which we signaled for observation on Wednesday morning. That day we witnessed a low of .51 in those calls, and the performance was quite respectable for the remainder of the week, culminating in a high of .85 on Friday.

We’re going to want to leave this play on our radar, with so much time remaining until their expiration, we may yet see further opportunities arise.

Lithium Corp. LTUM

We also want to make a quick mention of LTUM, which appeared on our watchlist on Friday, and subsequently made a notable move.  The stock traded in a range from .10-.1349, for gains approaching 35%

Adding to the Radar

We took a look around this morning for a few new items of interest as we kick off another trading week, and came up with the following four stocks, three of which are in the biopharma sector. Half are catching our attention with fresh news out this morning, and the other half have attractive features on their charts.

FRESH NEWS:

EP Global Communications, Inc. EPGL

Johnson & Johnson Vision Care, Inc. Secures Exclusive Right of First Negotiation to EP Global Communications, Inc. Ophthalmic Technologies (Mon 7:10AM EDT)

Protea Biosciences Group Inc. PRGB

Protea announces license agreement with Yale (Mon 8:00AM EDT)

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INTERESTING CHARTS:

TetraLogic Pharmaceuticals Corp. TLOG  & StemCells Inc. STEM are also going on our watchlist after we’ve identified gaps on both charts in need of filling. We’re going to keep an eye on this pair over the next few sessions and see how it shakes out.

Extended Watchlist:
ADCF, ASUV, AVXL, HMPQ, ROSV, SFOR

Blue Horseshoe Stocks: Options Recap & Other Updates

Constellation Brands, Inc. STZ – Options Review

The options trading idea that we formulated yesterday morning for the STZ chain was spot-on, and gave ourselves and our readers chances at some fantastic intraday gains. Our target range, highlighted in our premarket report was the STZ Weekly $150-160 Calls. Regardless of the chosen strike point, any of those contracts yielded prime opportunity for gains on the strength of an earnings beat:

$150 Calls – Trading Range: 5.75-10.20 – Max Gain: 77%
$155 Calls – Trading Range: 1.52-5.65 – Max Gain: 271%
$160 Calls– Trading Range: .89-2.10 – Max Gain: 136%

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We’ve got a fresh idea this morning to add to the mix in attempt to extend our success with options calls as well. We are interested in tracking the WYNN Weekly $93-96.50 Calls for some quick-strike chances on a possible dip-and-rip setup.

Vivint Solar, Inc. VSLR

VSLR is one that we’re going to want to place on watch today, for reasons that are apparent when taking a quick look at the chart we’ve annotated below. We’ve got a number of bullish indicators as well as a strong bounce off of its lows over the past couple of days.

We’ll be watching to see if the stock can maintain some of the momentum it’s built up over the preceding two sessions.

Harmonic Energy, Inc. ASUV

Yesterday morning we were just mentioning the fact that we’d successfully tracked ASUV over an incredible five week run, seeing a trading range from .0024-.043, a swing of over 1600%  The stock continued to push its upper limits, setting a new high as it traded from an early low of .03 to .051.

The move marked an intraday pop of 70% and extended our total observed range since our initial alert on the play back on Leap Day  to an earth-shattering 2025%

Pacific Sunwear of California, Inc. PSUN

PSUN is a stock that we entered into the log as a possible bottom-bounce play yesterday morning and we observed exactly the type of action we expected. Nimble-fingered traders could have gotten in and out with profits of up to 52% inside of the first 45 minutes of the session as PSUN ran from .091-.138.

We caught the company on the eve of filing bankruptcy(>>Read this morning’s PR), so it may be best to let the dust settle before considering a play on the stock again.

Other more modest gainers from yesterday’s morning report included UWTI (+10%) and MOMO(+15%), so we’ll leave those on our radar in sessions to come.

Extended Watchlist:
ZNNC, CBDS, CLDX, OLLI, VRX, ORIG, SUNE, CEQP

Blue Horseshoe Stocks: ASUV Recap, Bottom-Plays & More

Harmonic Energy, Inc. ASUV

We tagged ASUV back on Leap Day as a possible bottom-play, and after seeing the stock find support at an ultimate low of .0024 just a couple of sessions subsequent to that, it’s been a series of almost non-stop upturns since then.

One look at the 3-month chart on ASUV shows why we felt the need to circle back around and congratulate ourselves for an amazing bottom-call. As of this week, we’ve now witnessed ASUV run as high as .043. That marks an epic surge of 1692% over a five-week span!


With the chart beginning to look a bit top-heavy, we’ll now transition into monitoring for dip-and-rip type activity. In order for the stock to continue to hold our attention, we’ll want to see it maintain support above its previous resistance at .02 on any pullbacks.

Pacific Sunwear of California, Inc. PSUN

Speaking of bottom-watch plays, we’ve got another one to enter into the mix this morning in the form of PSUN. This play has appeared in our reports at various times over the past few years. Presently, as is readily apparent on the following snapshot, the stock has absolutely fallen off of a cliff following a major two-day upswing. It appears to have over-corrected to the low side.

Whenever we run across stocks in this position, our bottom-feeding sense kicks in big-time. The volatility at play over the past few sessions could be used to our advantage on the next leg up, which could be in the cards sooner rather than later, so keep an eye peeled!

On Continued Watch: LNCO & LINE

We placed both of these potential bottom-plays on watch to kick off the week in Monday’s morning report and we want to reinforce our interest this morning. As you can see from the side-by-side comparison, these two trade very closely as they are tied to the same parent entity.


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Also on our radars with big oil making a reverse yesterday, is VelocityShares 3X Long Crude ETN (UWTI). If oil continues its rebound through today as we suspect it might, there could be some interesting activity in UWTI.


Fresh Options Idea: To dip back into the options trading pool this midweek, we’re going to signal STZ Weekly $150-160 Calls for potential day/swing-trade opportunities.

Extended Watchlist:
AYI, DRWI, CJES, MOMO, TSRO

Blue Horseshoe Stocks: Leap Day Report

Happy Leap Day!

Good morning, Traders! Before we jump into today’s report- it’s February 29th- so we’d like to wish our readers a Happy Leap Day! On this, the rarest of occasions, we thought it’d be interesting to use our archives to do a four year time-warp back to the last leap day and see what we were talking about.

It turns out that we had signaled Energy Recovery, Inc. ERII as a bottom-play opportunity on the morning of February 29th, 2012, and it  turned into one heck of a long-term idea. The stock actually ran from it’s then-price in the 2.50-range to nearly 8.00 over the course of the next two years!

Flash forward to the current situation; ERII has been trending upward for the past two weeks solid, after having just announced an upcoming share buyback program a few weeks prior to that (>>View PR). Meanwhile, we have an RSI heading toward the power zone, and a MACD (not pictured) showing sharp upward divergence. We’ll monitor the stock in coming sessions on the chance that it continues the nice head of steam it has built up at the moment.

Updates on Recent Winners

INTREorg Systems, Inc. IORG

We first introduced IORG to our reports two Fridays ago, when the stock was trading as low as .62, and it has since gone on to reach a high of .88. This 42% rise came on relatively light volume. Given that IORG has such a low float (just 14.4M shares outstanding) it’s possible that only a slight amount of buying pressure can effect even larger gains than we’ve seen thus far, so we’ll have an eye peeled for increased activity.

Provision Holding, Inc. PVHO

PVHO first began appearing in our reports a few weeks back, and has continued to do so with regularity. On the day of our initial mention we observed a PPS of .084, and subsequent high of .18 (+114%). That was followed by an eventual dip back to .106 before rocketing to a new high of .25 (+136%). We’ll continue to track PVHO as long as it keeps inching its way up the chart.

Palo Alto Networks, Inc. PANW – Options Update

Among our options daytrading ideas from Friday morning’s report, one stands tall among all the others. The PANW Weekly $147 Calls ran from .10-2.00 for an incredible 1900% rip, marking not the first or second, but *third* gainer of 1500% or more for the week!

Fresh Idea: Taser International, Inc.TASR (03/04 $18.50-20.50 Calls)

Extended Watchlist:
AGTK, ASUV, USAR, HPTG, ELED,

WPNV | WindPower Innovations, Inc. & Extended Watchlist

WindPower Innovations, Inc. WPNV

WPNV is an alternative energy stock that was a feature of ours on April 16th, as well as appearing the day prior in our extended watchlist. The stock had maintained a solid level of support at .02 since we initially began coverage, and on Friday, a rush of buying pushed it as high as .0378. With proper timing, one could have banked as much as 89%

The chart is currently shaping up nicely- the RSI just broke into the powerzone, and with the 50DMA rising sharply toward the 200DMA, it now appears as if a Golden Cross is imminent. We will definitely want to keep an eye on WPNV for a continuation of the uptrend we have thus far observed.

Extended Watchlist:
CLNO, ASUV SKTO,
(PEIX, BIOF – Both on watch for a recovery from recent lows)

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