DE Archives - Page 11 of 11 - Blue Horseshoe Stocks

GlycoMimetics, Inc. GLYC

The star of the show from yesterday’s premarket report was definitely GLYC, which we tagged in the extended watchlist after noticing the increasing accumulation and uptrend forming in recent sessions.

That trend was kicked into high gear with more than fifty-six times the three-month average volume pouring into the stock as GLYC traded up from a low of 7.21 and reached 11.58 for an intraday move of 61% The overall range we’ve seen here has been extended this morning in the premarket as well with the stock hitting a high of 12.05; that boosts our observed range to 67%

With GLYC shooting up so rapidly, we’ll want to be on the lookout for a potential dip-and-rip scenario, which we see quite a bit in these sort of situations.

Petroleo Brasiliero S.A. (Petrobras) PBR

It’s been awhile since we formulated an options idea for one of our old favorite targets in PBR, most recently being back in April. We often come back to the PBR well because it provides a lot of opportunities, and we’ve spotted what could be the next opportunity today.

Brazilian markets got crushed yesterday amid yet another government corruption scandal, causing a massive loss in share value for PBR in the blink of an eye. Today, it’s already snapping back and starting to recover in the premarket, so we want to formulate some options ideas to turn to in the event that the trend persists.

For quick-hit daytrading possibilities, we’ll have the PBR Weekly $8.50 and $9 Calls*, and for a longer-term idea we’ll have the PBR 06/30 $9.50 and $10 Calls on watch.
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Another Fresh Idea: Deere & Co. DE Weekly $118-121 Calls*
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*Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.

Extended Watchlist:
ARNA, BRAV, DYN, ROSG, VNCE,

Mobile Broadcasting Holding, Inc. MBHC

Our regulars will remember our coverage of MBHC from last month, We put the stock on our radars beginning on July 20th and tracked it to a really nice initial run from .0041-.0096 (+134%). Since then the stock consolidated a bit, and for the past few weeks, has been trading in a relatively narrow channel from around .0045-.0065, holding support off of its 50DMA the whole way.

At the time of our active coverage of MBHC, we were looking forward to the launch of the company’s mobile, real-time video broadcasting platform, known as the Whirld app. BETA testing has been underway, and this morning, we’ve received another update on the tentative date of the official launch, so we thought it would be a good time to begin monitoring the stock again.

When we find a play that’s capable of making double-bag gains in as rapid a fashion as MBHC did last month, we definitely want to keep our ears to the tracks. The new expected date of launch we can infer from this morning’s PR will be two weeks from this Friday. >> READ PR

Deere & Co. DE

Our options idea for DE worked like a charm on Friday. Subdued Q4 guidance and a 40% drop in profits led us to track the action in the DE $87-84 Puts. It wouldn’t have mattered which strike price traders chose to exercise, chances for monster gains were available across the board in every set of contracts in our target range. Here’s a breakdown of the possibilities:

$84 Puts – Daily Range: .30-.1.25 – Max Gain: 316%
$84.50 Puts – Daily Range: .44-2.08 – Max Gain: 372%
$85 Puts – Daily Range: .37-3.05 – Max Gain: 724%
$85.50 Puts – Daily Range: .87-2.38 – Max Gain: 174%
$86 Puts – Daily Range: .75-3.64 – Max Gain: 385%
$86.50 Puts – Daily Range: 1.15-4.01 – Max Gain: 249%

The stock is gapping down heavily this morning, so we’ll continue to watch Put contracts in the DE options chain with strike prices close to the money. In the event of a continued PPS decline, we could still see some good opportunities on the bearish side of the fence.

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Extended Watchlist:
CYPW, CRGP (Momentum Plays From Last Week)
Options: SPY(In-the-Money Puts), UVXY(Calls)

Tag: DE

Blue Horseshoe Stocks: GLYC Breaks Out & More

Blue Horseshoe Stocks: MBHC Update & More