DERM Archives - Blue Horseshoe Stocks

More Huge Gainers!

Solid Stock Calls

These days, our content is typically centered on short-term options trading, but we still provide a healthy mix in the for of stock ideas as well, whether in featured mentions or our daily extended watchlists. We’ve got a couple of updates on such calls this morning.

GrubHub, Inc. GRUB – We placed GRUB on watch roughly seven weeks ago in our report from the morning of November 15th, and since then the stock has trended upward for nearly the entire time.

It saw its low of 38.58 on the same morning of our alert, and yesterday, hit a new high of 57.80. That’s a very respectable increase of 50% which we consider to be an excellent run for a stock in this price range over a period of less than two months.
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Dermira, Inc. DERM – It was just shy of a month ago on December 10th that we tagged DERM, and it too has taken off since we put it on our radar. That day it registered a low of 9.56 and hasn’t looked back since, running up to a new high of 19.30 yesterday. That works out to a rise of 102% over our observed low in less than a month!

Constellation Brands, Inc. STZ

We submitted an options idea for the STZ chain as the company dropped its earnings report yesterday, and met with eye-popping performances right away. We had signaled the STZ Weekly $187.50-192.50 Calls, and got some incredible intraday results

STZ Weekly $187.50-192.50 Calls
$187.50: .75-6.20 (+727%)
$190: .40-3.97 (+892%)
$192.50: .25-2.30 (+820%)

BIG Options Explode & More

Options Success Continues

We routinely identify fresh options trading ideas for ourselves and our readers, and the past couple of sessions have been no different than what we’ve come to expect.

Big Lots, Inc. BIG – Yesterday we reported on the success of the BIG 12/20 $22.50-27.50 Calls which we included in Friday’s premarket report and those set explosive new highs yesterday. Here are the total two-day upswings achieved by those plays:

BIG 12/20 $22.50-27.50 Calls
$22.50 Calls – Range: .96-4.57 – Max Gain: 376%
$25 Calls – Range: .20-2.46 – Max Gain: 1130%
$27.50 Calls – Range: .06-.88 – Max Gain: 1367%
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Canopy Growth Corp. CGC – We also placed the CGC Weekly $19-19.50 Calls on watch yesterday morning as a fresh idea to start the trading off with, and we’re pleased to relay the multi-bag intraday performances out of that pair of contracts. The $19 Calls ran from .42-2.54 for a daily gain of % and the $19.50’s posted a range from .35-2.11, making total gains of up to % possible on the day.

The timing on our ideas came perfectly in sync with the company’s news that it would be hiring Constellation Brands (STZ) CFO as its new CEO (>>Read More)

More Fresh Options Ideas:

Chewy Inc. CHWY 01/10 $22.50-24 Calls
Stitch Fix, Inc. SFIX Weekly $27-28 Calls
Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
Conn’s Inc. CONN 12/20 $17-15 Puts

Extended Watchlist:
CLVS, TGB, VTGN, AVEO, ARAV, SAEX, DERM, NVTA

Wrapping Up a Solid Trading Week

Weekly Wrap-Up

We’re wrapping up another solid trading week by reviewing our spot-on options ideas from yesterday morning’s premarket report. We had signaled interest in both the QCOM Weekly $88.50-90 Calls and the BIDU Weekly $114-117 Calls.

We are happy to say that both of those fresh ideas produced opportunities for multi-bag gains in the day. Here’s the breakdown of the profits that were there for taking:

QCOM Weekly $88.50-90 Calls
$88.50 Calls – Range: 1.06-3.92 – Max Gain: 270%
$89 Calls – Range: 1.05-3.50 – Max Gain: 233%
$89.50 Calls – Range: .65-3.00 – Max Gain: 362%
$90 Calls – Range: .58-2.60 – Max Gain: 348%

BIDU Weekly $114-117 Calls
$114 Calls – Range: 2.50-8.00 – Max Gain: 220%
$115 Calls – Range: 2.00-7.22 – Max Gain: 261%
$116 Calls – Range: 1.85-5.80 – Max Gain: 214%
$117 Calls – Range: 1.38-5.38 – Max Gain: 304%

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Fresh Options Ideas:
DIS Weekly $139-142 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.

Sun Kissed Industries, Inc. SKDI

We also highlighted SKDI as one to watch in yesterday morning’s premarket Extended Watchlist. The stock put up quite an intraday performance as it traded up from a low of .03, to a high of .16 on the day.

That works out to a single-session gain of 433% and serves as a perfect example of why we always try to include a daily Extended Watchlist, and why we will never quit speculating on the OTC entirely.

Extended Watchlist:
NDYN, DERM, MNST, PLNT, GPRO, UI, OPTT, STMP, OBLN, UI, AAXN

Blue Horseshoe Stocks: CVS Update & More

CVS Health Corp. CVS – Recap

Included in yesterday morning’s premarket report, was an post earnings options idea for CVS. We were looking at the CVS Weekly $55.50-57 Calls following the company’s beat on Q2 earnings accompanied by raised guidance, and solid growth bolstered by the Aetna acquisition. The stock was also at a multiple-bottom area of the chart.

With the added help of an intraday market surge our targets enjoyed solid moves on the day.

$55.50 Calls – Range: 1.25-2.80 – Max Gain: 269%
$56 Calls – Range: .85-2.37 – Max Gain: 370%
$56.50 Calls – Range: .70-1.91 – Max Gain: 329%
$57 Calls – Range: .46-1.51 – Max Gain: 417%

We’ll look to roll up slightly and monitor the CVS Weekly $57.50-58 Calls for the remainder of the week.
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More Fresh Ideas:
DISH Network Corp. DISH 09/13 $34-36 Calls
Advanced Micro Devices, Inc. AMD 08/16 $30.50-31.50 Calls
Uber, Inc. UBER Weekly $41-42.50 Calls

Extended Watchist:
MRO, AVLR, ET, DERM, TRGP, RLGY,

Blue Horseshoe Stocks: More Bottom-Plays

Seres Therapeutics, Inc. MCRB

It was a pretty slow start to the week yesterday with the markets gapping up early, but falling into decline throughout the session. That didn’t stop the one fresh idea we did have in our morning report from posting a respectable performance on the day.

We referred to MCRB as a ‘prime bottom play’ and while it didn’t exactly explode out of the gate, what we did see was certainly a step in the right direction. From a low of 2.63, the stock ran a modest but solid 16% to a high of 3.06. More importantly, it preserved its momentum by holding the three-dollar mark into the close. A good first day by any stretch of the imagination.

We’ll continue to monitor our longer term options idea that we included, the MCRB 07/19 $2.50 Calls which stand to do well in coming weeks if the stock can continue to maintain the current trend. Yesterday’s session was the fourth consecutive day that the stock has recorded higher lows, and we’ll want to see more of that moving forward.

Verastem Inc. VSTM

Speaking of bottom plays, we’ve got another one to add to our radars this morning in VSTM. This stock has lost a ton of value over the past year, and recently began to show signs of a rebound. We like it for its technical setup and volatility potential. We will remain interested in tracking VSTM for as long as it can maintain support at 1.72 or better.

VSTM is considered by some to be a speculative buyout play as well. Just this week the company has reported positive early stage data on Copiktra, the company’s leukemia treatment under development. Definitely an interesting story to follow.

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Celestica Inc. CLS

Perhaps even more attractive as a bottom play than the above mentioned stock, we’ve got CLS, which just began to show signs of life after recording a new annual low at the beginning of this month.

If the stock can manage to break its 50DMA at 7.09, there’s a real chance that it could produce significant gains, filling the gap to the topside on the chart. Interesting to naote about CLS as well, is that the company’s EPS has grown by nearly 90% over the past year. When taking that into consideration, its current valuation doesn’t make a whole lot of sense.

Extended Watchlist:
CBAY, DERM, SAVA, NERV, NDRA, PHUN, VIVE