Blue Horseshoe Stocks: ESPR Highlights & Much More

Yesterday, on a day when the market as a whole was faltering, we’re proud to say we managed to bring our readers several opportunities to gain in both stocks and options:

Esperion Therapeutics, Inc. ESPR- Options Ideas

ESPR turned out to be a great call for us in yesterday’s morning report. The stock itself made an impressive session-long move from a low of 82.69 up to 100.50 (+22%), resulting in some monstrous spikes for the options ideas we highlighted.

We raised a flag of interest on in-the-money Weekly Calls, and were rewarded with mega-spikes across the board:

$80 Calls – Trading Range: 4.00-20.00  Max Gain: 400%
$85 Calls – Trading Range: 2.15-14.50  Max Gain: 574%
$90 Calls – Trading Range: .70-14.50  Max Gain: 1400%
$95 Calls – Trading Range: .64-7.25  Max Gain: 1032%

Even the play we designated as a longer-term selection, the 04/17 $90 Calls, were immediately and significantly impacted, trading in a range from 3.50-14.50. That move was good for intraday gains of up to 314%


As far as our other options calls were concerned, we met with success there as well:

American Airlines Group Inc. AALFor AAL, we zeroed in on the 04/02 $55 Calls which ended up trading up from .79, to as high as 1.11, marking a 40% intraday gain. Any other contracts that got pushed into the money would have also provided excellent opportunities for successful day-trades.

Apple, Inc. AAPL – On AAPL, we mentioned that we’d be watching the 04/02 $129 Calls and those made a healthy run from 1.25-1.80, for a chance at profit in excess of 44% on the day.



Other Standouts From Tuesday

There was significant excitement over the success of our options calls yesterday, but we still don’t want these other notable gainers from our watchlist to get lost in the shuffle:

Propanc Health Group Corp. PPCH – Trading Range: .0211-.03 – Max Gain: 42%

Microvision, Inc. MVIS – Trading Range: 3.07-3.55 – Max Gain: 16%

NovaBay Pharma, Inc. NBY – Trading Range: .56-.65 – Max Gain: 16%

Black Diamond, Inc. BDE – Trading Range: 8.45-9.84 – Max Gain: 16%


Side Note:

We are going to be sitting on the sidelines watching like hawks until we hear from Janet Yellen as the big FOMC meeting kicks off today. What she ultimately has to say will likely sway the markets one way or the other; we will wait to see which direction they’re going to go.

If the bull market remains intact, we’ll be looking to go long on SPY Calls.  Should the direction be a downward one, we can entertain UVXY and/or VIX Calls. Remember: Whatever way it plays out, we’ll want to stay in-the-money with our strike prices.


Extended Watchlist:
VTSS, RTRX, ATNM, RXDX, AEZS, ZQK

Blue Horseshoe Stocks: MVIS, IBIO Recaps, Options Ideas & More

Monday’s Watchlist Movers

iBio, Inc. IBIO – A quick search of IBIO in our archives reveals a lengthy history of mentions. We have definitely seen some impressive moves from this play in the past. History tends to repeat itself, and did so once again as IBIO stood out on yesterday’s extended watchlist.

The stock made a solid intraday move, trading in a range from .72-.89. That was good for gains of up to 24%, and the move came on great-than-average volume. We’re going to keep a continued watch on this play; if it manages to break through its recent resistance area around 1.00-1.05, things could get very interesting from there.

Microvision, Inc. MVIS – This one appeared in yesterday’s gap-up watchlist, and it too would make a modest, yet solid move. The stock made a continual move-up in the first two hours of trading, rising from a low of 2.88 to a HOD of 3.44. That marked out an intraday gain of 19%


Morning Gapper Watchlist

These stocks are hitting our scanner today as they gap up in the premarket, and we’ve got options ideas corresponding to each:

Esperion Therapeutics, Inc. ESPR has released top-line results on one of its studies, noting that the trials have met their primary endpoint. In light of that, the stock is up big in early trading this morning. This is going to be a situation we’ll want to monitor as the session commences.

Options Ideas: ESPR 04/17 $90 Calls (Last traded at 3.50) for a longer-term swing trade idea. For shorter-term day trading opportunities, we can look to play in-the-money Weekly Calls, in the event that any dip and rip scenarios present themselves.

_________________________

American Airlines Group Inc. AAL announced today that it will now be listed on the S&P 500, and as a result, it’s trading up in the premarket. 

Options Idea:AAL 04/02 $55 Calls (Last traded at .23)

___________________________

Apple, Inc. AAPL
is also opening up new avenues as it prepares to join the Dow Jones Industrial Average. It will replace AT&T(T) officially at the end of trading tomorrow. It too is gapping up in the premarket.

Options Idea: AAPL 04/02 $129 Calls (Last traded at 1.01)


Propanc Health Group Corp. PPCH

PPCH had already made a substantial move prior to our mentioning it in our daily report for the first time last Thursday. On that day we would witness a low of .0126, and in the few sessions since, the stock has begun to make yet another run.

Yesterday, PPCH topped out at a daily high of .027, which marks a 114% swing over our observed low.


Extended Watchlist:
IJJP, LLBO, BDE, GLUU, ARTX, NBY