DLO Archives - Blue Horseshoe Stocks

CBIH to Begin Clinical Trials, Options Review & 3 New Ideas

Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) – News Alert:

We’ve got another fresh PR from CBIH to hit the wires this morning, and it concerns one of the primary topics that was featured in our initial report on the company, Orthocann. It’s a cannabinoid-based knee injection for sufferers of chronic osteoarthritis, and it appears set to undergo clinical trials, per the following announcement:

HOUSTON, TX–(Newsfile Corp. – March 20, 2024) – Cannabis Bioscience International Holdings, Inc. (OTC Pink: CBIH) has announced the enrollment of the first patient for the clinical trial of its new intra-articular cannabinoid-based injection for knee osteoarthritis. The company plans to test the product on its first participant, and after careful collection and analysis of clinical outcomes, start enrollment of a bigger sample of patients to administer the treatment and further evaluate its efficacy. (>>View Full PR)

For more information on CBIH, please visit cbih.net
and/or contact Peter Nicosia at (585) 703-6565 with any inquiries

Successful Options Review:

Yesterday’s session turned out pretty well for the potential options trading targets that we mentioned in our premarket report. Two out of the three ideas produced some nice intraday movement, while the third was a set of May contracts that we may yet return to for an update. Speaking of which, in addition to outlining yesterday’s gainers, we also have a couple of longer-term ideas that we formulated in recent reports for which we’ll provide a recap.

Yesterday’s runners were the STNE Weekly $16.50-15.50 Puts, and the DLO 04/19 $16-15 Puts, and the last two updates, on the SAIC 04/19 $135-130 Puts and the ADM 04/19 $57.50-60 Calls have links to the reports in which we first alerted on them.

STNE Weekly $16.50-15.50 Puts
$16.50: .33-.53 (+61%)
$16: .15-.26 (+73%)
$15.50: .07-.15 (+114%)
_____

DLO 04/19 $16-15 Puts
$16: 1.00-1.52 (+52%)
$15: .60-1.00 (+67%)
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SAIC 04/19 $135-130 Puts (Alerted on 03/18)
$135: 6.26-9.75 (+56%)
$130: 2.73-5.20 (+90%)
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ADM 04/19 $57.50-60 Calls (Alerted on 03/11)
$57.50: 2.15-4.31 (+101%)
$60: 1.04-2.56 (+146%)

Fresh Options Ideas:
PDD Weekly $149-152.50 Calls
GIS Weekly $71-72 Calls
INTC Weekly $42.50-43.50 Calls

Extended Watchlist:
OBLG, JAGX, MGRX, ETAO, TGL, ENSV, TSHA, IGPK, BCEL, OPTI

Monday’s Performance, 3 New Possibilities

A Good Start to the Week:

All in all, it was a good start to the fresh trading week on Monday. Our premarket report contained two quick-strike options ideas, and a couple of longer-term suggestions. Out of those four possible plays, three of them produced immediate results for us, putting up some nice intraday upswings.

Those targets were the SPY 03/18 $512-513 Calls, the TSLA Weekly $167.50-170 Calls and the ERJ 04/19 $25 Calls. Below are the intraday increases they recorded:

SPY 03/18 $512-513 Calls
$512: 2.32-3.63 (+56%)
$513: .19-.44 (+132%)
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TSLA Weekly $167.50-170 Calls
$167: 3.60-8.95 (+149%)
$170: 2.63-7.15 (+172%)
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ERJ 04/19 $25 Calls
$25: .25-.65 (+160%)

Fresh Options Ideas:
STNE Weekly $16.50-15.50 Puts
DLO 04/19 $16-15 Puts
TMP 05/17 $45-50 Calls

Li-Cycle Holdings Corp. (NYSE:LICY) – Recap:

We’ve been tracking LICY since the morning of the 13th, and in that time, the stock has made quite a nice move in a positive direction. From its low of .6537 on the morning of our initial report, the stock has gone on to hit 1.50 in premarket trading this morning. That represents an observed run of 129% for us in just the past five trading days.

Extended Watchlist:
IHRT, HIVE, IGPK, MJNA, OTRK, ZCAR, ENVB, FUSN, HOTH, CERS

Tuesday’s Big Runners, More Fresh Trading Ideas

Another Great Day of Options Trading:

We continued down a good path on Tuesday, laying out three quick-strike options ideas and one long-term swing idea in our premarket report. All three of the potential plays with weekly expirations produced multibag gain chances on the day, and kept things flowing in a positive direction for us.

That trio of runners was the SE Weekly $49-47 Puts, the ONON Weekly $32.50-31 Puts, and the SDRL Weekly $50 Calls, and here were the excellent intraday runs they recorded on the session:

SE Weekly $49-47 Puts
$49: 4.30-8.79 (+104%)
$48: 3.25-7.85 (+141%)
$47: 2.69-6.76 (+151%)
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ONON Weekly $32.50-31 Puts
$32.50: 1.70-4.10 (+141%)
$32: 1.31-3.40 (+159%)
$31.50: 1.08-3.00 (+178%)
$31: .85-2.40 (+182%)
_____

SDRL Weekly $50 Calls
$50: .25-.95 (+280%)

Fresh Options Ideas:
TGT Weekly $133-135 Calls
TJX Weekly $87-88 Calls
CAVA Weekly $50 Calls
JD Weekly $35-34.50 Puts

T2 Biosystems, Inc. (NASDAQ:TTOO) – Recap

TTOO is a NASDAQ play that we’ve been tracking for the past few weeks which has continued to tack on new highs. Subsequent to our tag of the stock in our watchlist on July 21st, we observed a low of .09 in TTOO. As of this morning’s new premarket high of .735, that marks a rise of 717%

Extended Watchlist:
NVOS, EBET, GSMG, SONN, LIFW, DTIL, TIVC, DLO

Closing Out a Short Yet Sweet Trading Week

Wednesday’s Options Runners:

We were running a little light yesterday with regard to the slate of earnings reporters from which we had to choose some daily options plays, but that didn’t stop us from producing a pair of solid runners on the day in our premarket report. Both of the ideas we ventured possible targets in, recorded some significant intraday movement for us in a positive direction.

Our areas of interest were the SMPL 04/21 $40-35 Puts, and the DLO 04/21 $16-15 Puts, and while the potential gains they produced weren’t life-changing, they were certainly very respectable, as they put up the following figures for the session:

SMPL 04/21 $40-35 Puts
$40: 3.30-4.50 (+36%)
$35: .30-.75 (+150%)
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DLO 04/21 $16-15 Puts
$16: 1.32-3.70 (+180%)
$15: .65-3.00 (+362%)

Fresh Options Ideas:
STZ Weekly $220-225 Calls*
LEVI 04/21 $18 Puts
LW 04/21 $105 Calls
BA 05/05 $220-210 Puts

*We do not recommend you try to trade options on their day of expiration unless you are an experienced trader with access to disposable funds.

Extended Watchlist:
YVR, OCTO, AMC, MCOM, GRRR, HCNWF, MONI, AABB, MASN

Thousand Percent+ Gainer, Fresh Ideas

04/21 Options Reviews:

In recent weeks we have been tagging several longer-term options plays with an April 21st expiration as opposed to weeklies, and today we wanted to circle back for some of those which posted new highs for us during yesterday’s session.

We’ll start off with the DOMO 04/21 $15 Calls, which just appeared in yesterday morning’s report, and opened up with a solid first day effort as it ran from .65-1.00, for an intraday upswing of 54%

Next up we’ve got the MKC 04/21 $75-80 Calls and the SMTC 04/21 $26-25 Puts which we initially flagged in our reports from last Tuesday, and last Thursday morning, respectively. The breakdown of the moves they’ve made since last week is as follows, and as you can see, those SMTC Puts easily breached the thousand percent gain barrier in what has been one of our hottest recent ideas:

MKC 04/21 $75-80 Calls
$75: 4.80-10.32 (+115%)
$80: 1.40-5.40 (+286%)
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SMTC 04/21 $26-25 Puts
$26: .20-3.40 (+1600%)
$25: .21-3.09 (+1371%)

Fresh Options Ideas:
SMPL 04/21 $40-35 Puts
DLO 04/21 $16-15 Puts

Hypercharge Networks Corp. HCNWF – OTC Recap:

We also wanted to recap the performance of an OTC stock we tagged in yesterday morning’s report. HCNWF went on a very nice intraday run from a low of .685 on up to a high of 1.58, which works out to a highly respectable single session rise of 131%

Extended Watchlist:
ATNF, IMUX, LMNL, IFRX, FRGT, RNAZ, QPRC, ADHC, GSTC