BCCI Archives - Page 2 of 5 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Bottom-Play, Options & More

Adaptive Medias, Inc. ADTM

To kick things off on a fresh trading week this morning, we’re going to return to ADTM, a stock we’ve been familiar with in the past. We want to approach this play as a bottom-watch candidate. The stock has been in a general downtrend for the better part of four months, and just recently had been bashed back to a new 52-week low last week.

The stock has fallen, in just a short period of time, down into subpenny territory from prices of more than a dime a share just a couple of weeks ago. We’re always intrigued when a stock undergoes such a rapid sell-off, because in many instances, it leads to a serious rebound-play opportunity.

Should we be able to properly time the bottom, the potential rewards would be staggering if the stock managed to regain even half of its recent lost ground from current pricing. We’ll be sure to watch closely for that possibility.

Bank of America Corp. BAC – Options Idea

Sometimes, when searching for trading opportunities, the best way to identify items of significance is to follow the money. In the case of this morning, we’ve noticed an exceedingly high amount of open interest in BAC Calls, and are going to be looking to signal some longer-term contracts for monitoring in sessions to come.

Our highlighted targets in this instance are going to the BAC 07/15 $15 & 15.50 Calls. With such an extended expiration, it’s going to give us plenty of time to see BAC stock begin to approach that $15-mark again, and if/when it does, the gains in these contracts should prove to be quite significant.

Extended Watchlist:
BCCI, ONCI, QLTS, QUTR, GRSU, AMRS

Blue Horseshoe Stocks: Successful Options Plays & More

Options Recap

We kicked off this short trading week with a couple of options ideas yesterday, and both plays got off to a good start.

Tiffany & Co. TIF

TIF was our top-billed options idea from yesterday morning’s premarket report, wherein we signaled our interest in tracking contracts in the range of TIF Weekly $66.50-64 Puts for quick-strike opportunities. The company announced less-than-favorable results for the quarter which set the stock up for a tumble, just as we’d suspected.

The contracts that jumped out to us as seeing the most activity were the $65’s and $64’s. The $65 Puts traded up from a daily low of .51 and hit 1.65 for potential intraday gains of up to 223%, while the $64 Puts jumped 132% from .56-1.30.

We’ll leave ourselves open to the idea of seeing even more downside on TIF, especially with market conditions in general continuing to lag.

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Netflix, Inc. NFLX

Our other options trading idea from yesterday was pertaining to NFLX. We said we wanted to take advantage of the anticipation leading into yesterday’s post-market quarterly earnings reveal, and our strategy worked to a tee.

We had set our sights on NFLX Weekly $105-107 Calls to take advantage of what we were observing, and every set in that range produced chances for notable intraday profits:

$105 Calls – Trading Range: 7.00-9.50 – Max Gain: 36%
$106 Calls – Trading Range: 6.30- 9.25 – Max Gain: 47%
$107 Calls – Trading Range: 6.02-8.40 – Max Gain: 40%

NFLX did beat Wall Street’s expectations, and is presently bucking the overall trends as it gaps up here in the premarket. We’re going to look to roll up our target strike prices to the range of $110-112 Calls as our previously tracked range has now been pushed deep into the money.

Other Noteworthy Gainers

We had a couple of plays on the stock side of things make decent moves after appearing on yesterday’s premarket watchlist. While they didn’t quite go exponential on us, both of the following made good, solid moves to the upside during yesterday’s session.

Pleasant Kids, Inc. PLKD

PLKD saw its low come in at .2109, and it got off to a fast start, reaching its high of .285 within roughly the first half hour of trading. That logged as an intraday pop of 35% The company is aiming at a name and symbol change (Next Group Holdings, Inc. NEXT) after its recently completed merger (View 8-K). The request is still being processed by FINRA at this time, but we’ll keep our eyes open for updates, and remain on this plays trail as long as it can hold support above yesterday’s swing low.

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Goodrich Petroleum Corp. GDPM

The other stock from yesterday’s watchlist to produce an intraday spike was GDPM, which recently delisted from the NYSE to the OTC (Formerly NYSE:GDP). We witnessed the stock run from a low of .071 to .095, a respectable 33% pop which occurred on slightly higher-than-average volume. It managed to close at .088, holding a good portion of yesterday’s daily advances, so we’ll let it remain on our radars as we cruise through this midweek.

Extended Watchlist:
BCCI, TPAC, HCTI, PKGM(Bottom-watch)

Blue Horseshoe Stocks: Wrapping Up Another Great Week

Baristas Coffee Company, Inc. BCCI

We first placed BCCI on our tracking list on Tuesday in our premarket report (and every day since), and the stock has gone on to make bullish moves all week. From our observed low of .009 on Tuesday, it took BCCI just three sessions to register an enormous swing to upside.

Yesterday the stock reached as high as .0279 which marked an intraweek increase of 210% and it did so on near-record volume, trading more than five-and-a-half times its 3-month average.

USA Restaurant Funding, Inc. USAR

USAR is another stock we’ve been tracking over multiple sessions this week. We entered it into the mix on Wednesday morning, at which time we witnessed lows of .0015 followed by a 93% run to .0029. We continued to track it into yesterday’s session whereupon the stock pressed from .0026 to a new high of .005 (+92% intraday) before falling back to the .002-range.

Two consecutive days with moves of better than 90% is nothing tio sneeze at; the overall range we observed in USAR in just a pair of trading days amounted to 233%

Fresh Options Ideas

We had tremendous success last Friday with sets of inversely-correlated options plays, so much so that we’ll try to do it again today. The VXX and the SPY have a tendency to mirror each other in reverse; we’ll use that fact to formulate a group of ideas that we feel have good potential based on this morning’s premarket activity.

The VXX Is gapping up over 4%, trending above both the 50DMA (19.75) and the 200DMA (21.08), and the set of options we’re going to be monitoring as a result are the VXX $20-22 Calls. Conversely, we’ll also track the SPY $206-203 Puts.

Notice the line we’ve drawn on the following VXX chart snapshot; the $22-mark has been acting as a key resistance area in recent months. A break past that figure could spell significant advances from this juncture. In the event that occurs, we may need to look at rolling up our strike prices accordingly.

Extended Watchlist:
CBIS, MHRC, CANV, HPTG, DBMM

Blue Horseshoe Stocks: Yesterday’s Big Winners & More

Lululemon Athletica, Inc. LULU

LULU was our options trading target yesterday as we noticed the stock gapping down more than 10% in the premarket on an ill-received earnings report.

The idea we had was to track each set of contracts within the range of LULU Weekly $47-44.50 Puts for possible intraday swing-trade opportunities. It ultimately turned out to be an awesome call, with blockbuster moves being produced by every single set we’d highlighted.

$47 Puts – Trading Range: .19-2.01 – Max Gain: 958%
$46.50 Puts – Trading Range: .13-1.59 – Max Gain: 1123%
$46 Puts – Trading Range: .09-1.25 – Max Gain: 1288%
$45.50 Puts – Trading Range: .10-.94 – Max Gain: 840%
$45 Puts – Trading Range: .05-.75 – Max Gain: 1400%
$44.50 Puts – Trading Range: .05-.52 – Max Gain: 940%

Perhaps the most astonishing thing is that single-session gains of this magnitude have become commonplace for our options ideas, as anyone who has followed our reports for awhile can attest. It’s the primary reason behind our shift over the last couple of years as we’ve moved to split our focus between what we like to call quick-strike options trading, and securities trading. The integration of options trading has opened up a lot of doors for us on a consistent basis, and we expect that trend to continue indefinitely.

Premier Biomedical, Inc. BIEI

We had just finished commenting on the big moves BIEI has been making in yesterday morning’s report, and once again the stock pushed to new highs in what amounted to a very bullish session.

So after witnessing a 121% run from .015-.0334 on Tuesday, we were treated to another big intraday pop as BIEI ran from .0305 to .0529; a solid 73%

We also put together a video illustrating various facets of the BIEI chart:

USA Restaurant Funding, Inc. USAR

USAR was tagged in yesterday’s premarket report on our extended watchlist, and it too produced a significant move on the day, gradually ramping up throughout the course of the afternoon and running into the close.

From a low of .0015 the stock fell just a tick shy of a double-bagger, reaching a new 52-week high of .0029. It marked an intraday performance that allowed maximum gains of up to 93%

Extended Watchlist:
MHRC, MDBX, BBRD, BCCI, CGRA, NUVI

Blue Horseshoe Stocks: BCCI, TPAC Reviews & More

Baristas Coffee Company, Inc. BCCI

We had a couple of stocks from yesterday’s morning report jump out at us with excellent intraday upswings, the first of which being BCCI. The stock managed to crack into Pennyland as it ran from a daily low of .009 to as high as .014. That was highly respectable single session pop of 89% and it came on four times the 30-day average volume.

Provided BCCI can maintain a level of support at or above its previous swing high of .011 on any pullbacks, we’ll remain open to the possibility of seeing a sustained uptrend in coming sessions.

Trans-Pacific Aerospace Company, Inc. TPAC

Yesterday’s other notable mover was TPAC, and it too took its PPS to the next echelon as it began the day as a super-subpenny, and ended it in subpenny territory. We watched as it made its move from .0008 before topping out at .0014. That represented a total possible gain of 75% on the day.

Another Great Chatroom Call

Premier Biomedical, Inc. BIEI is a stock with which we are familiar, and it resurfaced yesterday in our daily live traders chat* thanks to regular participant, DJ! As you can see from the following mobile screen snap, subsequent to DJ’s signal traders could have entered at a low of .015, and that gave way to a big run into the end of the session where the stock reached a high of .0334.

That was an intraday spike totaling 122%, and it marked the second multi-bag runner offered to the room by the illustrious DJ in as many weeks, so big cheers go out to him!

*As always, we’ll be glad to allow any readers interested in our daily chats into the room, just send a Skype contact request to user ‘stocksumo‘.

Lululemon Athletica, Inc. LULU

LULU is gapping down dramatically in premarket trading this morning, and in the event that a continued backslide occurs we’re going to be monitoring a range of puts in the LULU options chain. The dip is occurring in the wake of an earnings release that, despite including heightened revenues and profits, is being poorly-received.

Accordingly, we’re going to signal LULU Weekly $47-44.50 Puts for observation.

Extended Watchlist:
NPHC, MHRC, USAR, MDBX, EFUT, JGW(Bottom-Bounce Watch)