CBBT Archives - Blue Horseshoe Stocks

Reviewing Friday’s Movers

Reviewing Friday’s Movers

We’re going to kick off the fresh trading week this morning by going over the performances of the plays we submitted in Friday’s premarket report. Those included targets in the US Steel, Cleveland-Cliffs, and Capital One options chains. It was a wrap-up to an already successful week, and we ended it on a high note.

We had the X Weekly $8.50 Calls, the CLF Weekly $8.50-9 Calls, and the COF Weekly $78-80 Calls, and they all produced significant moves on the day. Here’s a rundown of the kinds of gains that were on the table for traders:

X Weekly $8.50 Calls
$8.50: 1.11-1.86 (+68%)
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CLF Weekly $8.50-9 Calls
$8.50: .18-.64 (+255%)
$9: .09-.32 (+255%)
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COF Weekly $78-80 Calls
$78: 2.06-3.71 (+80%)
$78.50: 1.79-3.35 (+87%)
$79: 2.06-3.03 (+47%)
$80: 1.50-2.43 (+62%)
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Fresh Options Ideas:
NRZ $9-8 Puts
SAP $130-120 Puts

Spartan Energy Acquisition Corp. SPAQ

We’re just days away from SPAQ’s vote on a merger with Electric Vehicle maker, Fisker, whose new EV set for launch, ‘The Ocean’, is laying claim to the title of ‘Most Sustainable Vehicle Ever’.

It’s an interesting scenario, and with the stock at a relative low on the chart at the moment, we are going to place some longer term options on watch, with the SPAQ 12/18 $10-12.50 Calls.

Extended Watchlist:
ARLP, CBBT, CSLI, NSPX, OPTI, TWOH

Fantastic Options Success

SPDR S&P500 (ETF) SPY – Recap

On Friday morning, we focused on quite a few fresh options ideas that were hitting our scanner, and with the help of a solid day for stocks in general, we saw a good amount of opportunity for success.

That also meant our running and new ideas for the SPY posted some nice figures on the day. We had been tracking SPY Weekly $340-341 Calls and we added the SPY Weekly $344-345 Calls to the radar as well.

Here were the final numbers on all of those, with some huge gains on the table:

$340: .98-7.80 (+696%)
$341: .75-6.24 (+732%)
$344: 1.48-3.41 (+130%)
$345: .81-2.51 (+222%)

More Options Recaps

As we mentioned above, we had quite a few options targets we were looking to ride into the close on Friday. That included targets in the CGC, X and BBBY chains, and each one of them was a good pick. Here are the potential gains that could’ve been made off of those plays:

CGC Weekly $18 Calls
$18: .08-.37 (+363%)
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X Weekly $8 Calls
$8: .39-.73 (+87%)
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BBBY Weekly $21-22 Calls
$21: .43-.89 (+107%)
$22: .03-.09 (+200%)

Fresh Options Ideas:
SPY Weekly $349-351 Calls
AAPL Weekly $118.75-121 Calls

Inspyr Therapeutics, Inc. NSPX – Chatroom Call

This is a good time to remind all of our readers (that means YOU) of your open invite into our daily live traders chats on Skype. We are always catching last minute plays that don’t make it into our premarket reports.

Such was the case on Friday when we tagged NSPX before the open as you can see on the snapshot below. The stock turned around and posted a range of .0059-.0269 on the day, for a whopping 356% rip!

NSPX Acquires Novel Immuno-Onoclogy Precision Targeting Platform – 10/08

Get yourself onto Skype and send a contact request to username “stocksumo” and we’ll get you observing and/or participating in our live chats right away! All are welcome!

Extended Watchlist:
ABQQ, GAXY, DSGT, EXROF, CBBT,

SUNW News & More

SPDR S&P500 (ETF) SPY – Options Recap
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Yesterday morning. the sole fresh options idea we came up with in our premarket report was pertaining to the SPY. Despite the markets tanking a couple of hours prior to the close as the possibility of further coronavirus stimulus in 2020 grew more remote on comments from the White House, our targets, the SPY Weekly $340-341 Calls fared very well for the first two-thirds of the session.

Here are the total possible gains that were made from the open until about 2PM:

SPY Weekly $340-341 Calls
$340: 2.46-3.97 (+61%)
$341: 1.82-3.34 (+84%)
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Fresh Options Ideas
LEVI 10/16 $16-18 Calls
LW 10/16 $70-75 Calls

SunWorks, Inc. SUNW

The last time we highlighted SUNW was a couple of weeks back on September 24th as part of a focus we did on solar plays. That day, the stock came right out of the gate with a huge run from 3.30-8.50 (+158%).

After that amazing run, the stock consolidated down to a low of 1.88 and as of premarket trading this morning it has reached 5.19, with a big piece of breaking news this morning that you can find below. We’ll definitely continue to keep our eyes on SUNW, as it exhibits just the type of volatile activity that we’re always after.

ROSEVILLE, Calif., Oct. 07, 2020 (GLOBE NEWSWIRE) — Sunworks, Inc. (NASDAQ: SUNW) (“Sunworks”), a provider of solar power solutions for agriculture, commercial and industrial (“ACI”), public works and residential markets, today announced that the company signed $10 million in new commercial and agriculture projects in the third quarter, marking its strongest quarterly booking activity since the beginning of the COVID-19 pandemic in early 2020. The sales are comprised of 19 existing and new customers and total more than 4.4 MW for installation. (>>View Full PR)

Extended Watchlist:
ABCE, CBBT, ETFM, OPTI, TLSS, DSGT, FPVD,

Blue Horseshoe Stocks: News Update, Options Highlights & More

Aperture Health, Inc. APRE – News Update

Our first order of business this morning is to update our readers on APRE, which we’ve been following for the better part of a month. In that time the stock has provided us with multiple swing trade opportunities and has been stretching the envelope on its latest upswing. From the .0188 swing-low we observed last Wednesday APRE has rapidly gained 219%, running up to a new high of .0599 yesterday.

We’ve pointed out a few key highlights of the current chart on the following snapshot:

We also want to point out some untraded-upon news that hit the wires yesterday post-market:

NEW YORK, May 12, 2016 /PRNewswire/ – Aperture Health, Inc. (OTC Markets.com: APRE) and CSS Alliance LLC (“CSS”), are pleased to announce that the company has branched out and signed a Joint Venture agreement which includes an exclusive worldwide distribution agreement with CSS Korea R&D Co., Ltd for new technologies and products that include solar powered A/C units, and powerless generators, as well as solar powered boilers (>>View Full PR)

Options Highlights

Jack in the Box, Inc. JACK – We had a couple of our active options targets turn up sizable opportunities for profits yesterday beginning with JACK 05/20 $70 and $75 Calls. We caught JACK on the heels of its Q2 earnings release, and various circumstances allowed for us to take advantage of the idea on its first day of mentioning.

The $70 Calls traded in an impressive range from a low of 2.25 on up 6.85 for an intraday gain of 204% The $75 Calls fared even better as they ran from .39 to 1.61, a single-session rip of 313% With performances like those, we’ll continue to track these contracts through to their expiration next week.

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Macy’s Inc. M – Our signaled range for Macy’s from Wednesday’s report added to its gains yesterday. We had been tracking the M Weekly $36-34 Puts. At the top of the range, the $36 Puts surged from a low of 1.83 up to 5.15, for a two-session swing of 181% Gains increased incrementally into the lower strike prices, culminating in the $34’s which traded up from Wednesday’s low of .50 to a new high of 3.62; a 624% swing.

Cerebain Biotech Corp. CBBT

Just after we were reviewing CBBT’s recent performance in yesterday’s morning report, (We’d added it to our radars last Tuesday) the stock went on to set another new high for us.

The stock traded in a daily range from 1.25-1.75, a respectable 40% intraday rip. From our observed low of .53, the new high represents an overall move of 230%

Extended Watchlist:
QUTR, IMMU, IDRA, XXII, NVDA, MOMO

Blue Horseshoe Stocks: Winning Options Plays & More

Options Recap

Both of our options ideas from yesterday’s morning report ended up providing us with a chance at sizable single-session gains.

Canadian Solar, Inc. CSIQ

We caught CSIQ in the unique position of having just registered a new 52-week low in the previous session, and having its earnings beat expectations yesterday, so jumping on CSIQ Weekly $16.50-18 Calls ended up being a sound strategy right from the outset. The impressive intraday moves were as follows:

$16.50 Calls – Trading Range: 1.20-1.76 – Max Gain: 47%
$17 Calls – Trading Range: .87-1.50 – Max Gain: 72%
$17.50 Calls– Trading Range: .30-.97 – Max Gain: 223%
$18 Calls – Trading Range: .27-.82 – Max Gain: 204%

Macy’s Inc. M

We went bearish on Macy’s yesterday, partly due to the overall downtrend the stock has seen in recent weeks, and as a reaction to yesterday morning’s disappointing earnings call. In this case our target range was the M Weekly $36-34 Puts and hefty gains were available across the board, including a big triple-bagger in the $34’s.

$36 Puts – Trading Range: 1.83-4.37 – Max Gain: 139%
$35.50 Puts – Trading Range: 1.40-3.79 – Max Gain: 171%
$35 Puts– Trading Range: 1.00-3.60 – Max Gain: 260%
$34.50 Puts – Trading Range: .83-2.88 – Max Gain: 247%
$34 Puts – Trading Range: .50-2.58 – Max Gain: 347%

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Fresh Ideas: To throw some other options ideas into the mix this morning, we’re going to be adding Monsanto Co. MON Weekly $102-106 Calls and Jack in the Box, Inc. JACK 05/20 $70 and $75 Calls to our track-list.

Cerebain Biotech Corp. CBBT

We put CBBT on our radars last Tuesday after noticing some increased activity in the stock. Since our mention, subsequent to which we observed a low .53, we’ve seen a good bit of progress leading up to yesterday’s high of 1.25. That’s an overall move of 136%

The high came just prior to the closing bell, at which CBBT held a PPS of 1.20 so we’ll continue to monitor the situation carefully. We’ve had success recently with low-float, low-volume plays, and CBBT fits that bill to a tee.

Extended Watchlist:
FTPM, MRNA, BKCT, LXU, ZIOP, CCXI