DPW Archives - Blue Horseshoe Stocks

Options Recap, Post-Earnings Ideas & More

More Options Review:

We’ve got options updates on deck for this morning, and there is actually a fairly decent slate of earnings reporters on the docket today, so we’ll take a look into some of those as well.

As for recaps on options calls we’ve made recently, two of the targets that we reviewed yesterday morning continued their momentum and set new highs for us during the session. They were Friday’s alert on the GBX 07/16 $40 Calls and Tuesday’s alert on the ARWR 07/16 $65 Calls. Additionally, we witnessed new highs in the DRI 07/16 $140-145 Calls, which we initially targeted a few weeks back on June 24th.

These are the updated figures on those plays, all of which expire at the end of the week:

GBX 07/16 $40 Calls
$40: 1.40-5.40 (+286%)
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ARWR 07/16 $65 Calls
$65: 1.28-4.00 (+213%)
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DRI 07/16 $140-145 Calls
$140: 2.71-10.10 (+273%)
145: 1.10-5.45 (+395%)

Post-Earnings Options Ideas:

As we’ve been mentioning, next week is when the floodgates for earnings reporters really swing wide open, but for the time being, we have a couple that dropped their quarterlies this morning in which we will select some targets.

GS Weekly $380-385 Calls
PEP Weekly $149-152.50 Calls

Extended Watchlist:
OSAT, CRTD, WORX, BAOS, DPW, BLIN, NOK, ADGO, SFLM, GVSI, FERN, SFLM

Another 1000% Gainer!

Virgin Galactic Holdings, Inc. SPCE

It has been a full month since we formulated a longer-term play for the SPCE chain, in our premarket report on the morning of January 22nd, at which time the stock itself was trading for as little as 15.61. Despite pulling back into the close, SPCE did first soar to an incredible new high of 42.49 yesterday.

That worked out to a month-long stock move totaling 172% and it allowed our options ideas, the SPCE 02/21 $10-15 Calls, to tack on a whole lot more gains than the already impressive ones our ideas had produced up until then.

With the stock sitting where it is now, and these contracts expiring tpoday, these are most likely the final updates for this set of ideas, which couldn’t have turned out much better for us:

SPCE 02/21 $10-15 Calls
$10: 6.24-29.50 (+373%)
$11: 5.30-29.10 (+449%)
$12: 4.30-29.90 (+595%)
$13: 3.50-26.90 (+669%)
$14: 2.80-25.20 (+800%)
$15: 2.15-26.90 (+1151%)

SPO Global Inc. SPOM

We also have been tracking some OTC plays recently, and SPOM is among those, initially from our report on Tuesday morning.

In the three ensuing sessions, the stock has made a respectable move for us from its low on Tuesday of .155. After another moderate push yesterday, SPOM attained a new high of .44, representing an increase of 184% over our observed low.

Fresh Options Ideas:
Deere & Co. DE Weekly $174-177 Calls*
Magna International Inc. Weekly MGA $52.50-55 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.

Extended Watchlist:
DPW, FZRO, BLNK, ZOM, ZVTK

Blue Horseshoe Stocks: THC Explosion

Tenet Healthcare Corp. THC – Options Explode

We included a fresh options trading idea for THC in yesterday morning’s premarket report. The stock was exhibiting the characteristics of a potential bottom bounce play, and we signaled the THC Weekly $18-18.50 Calls to correlate with the possible rebound.

We got just what we were looking for, however, with far greater single-session figured than we could have imagined. The results were two of the best intraday gain possibilities that we’ve identified in 2019, tipping the scales with twenty-bagger status!

$18 Calls – Range: .10-2.14 – Max Gain: 2040%
$18.50 Calls – Range: .05-1.52 – Max Gain: 2940%

Updated Idea: THC Weekly $19.50-20 Calls

PCT Ltd. PCTL

For another quick update on PCTL, the OTC play we’ve been tracking, yesterday the stock registered new highs for the third time this week.

PCTL traded in a range from .017 to .029, for an intraday rip of 71% which also represented a total increase of 226% over our .0089 observed low following our initial alert on Monday morning.

Fresh Options Ideas:
SPY Weekly $301-302 Calls
BUD Weekly $99-101 Calls
MMM Weekly $185-190 Calls

Extended Watchist:
NOK, AZN, MYSZ, FCEL, LPTX, GHDX, UPS, DPW

Blue Horseshoe Stocks: Fresh Bottom Plays

New Bottom Plays

While we are in a bit of a drought in terms of big name earnings reports, as tends to happen around a holiday. We’re back for a full, fresh trading week and we thought we’d shift our focus to bottom plays as we kick things off.

Taronis Technologies, Inc. TRNX

TRNX is in precisely the sort of position in which we look for bottom-bounce candidates. The stock saw new lows last week before making its reversal, and stringing together three consecutive positive sessions.

We can also see on the RSI that TRNX is just now coming off of being extremely oversold and the volatility potential suggests that even a 100% move from current pricing would not be out of the realm of possibility. We’ll be keeping an eye peeled here in the days and weeks ahead.

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Rockwell Medical Technologies, Inc. RMTI

RMTI is another possible bottom play with some decent potential and a gap to fill the 200DMA currently sitting at 4.11. Perhaps the upside potential here is not quite of the magnitude of the previously mentioned play, but the indicators may be more ripe in this case.

The MACD is on the precipice of a bullish cross, and the RSI is slowly attempting to come off of being oversold. This may also be a good candidate for a more sustained recovery over the next several sessions.

Extended Watchlist:
TBRG, LPTX, GROW, NAKD, DPW, ITCI

Blue Horseshoe Stocks: AYTU Review & More

Aytu Bioscience Inc. AYTU

Our attention is being drawn back to AYTU this morning, a stock that we placed on watch at the end of March. From the low of 1.55 we observed on the morning of our initial report on the 27th, AYTU had been gradually stair-stepping its way up the chart, reaching a high of 2.47 just last week (+59%).

This morning in the premarket, AYTU reached a brand new high of 2.90, marking an increase of 87% over our initially observed low, and leaving us anxious to see how the activity unfolds from here.

Amplitech Group, Inc. AMPG – Update

We also want to provide another quick update on AMPG, which printed new highs yet again yesterday for the second consecutive session. The stock hit .065, which marks a 51% rise over the .043 low we witnessed at the beginning of last month, when we released our first Special Report on AMPG.

A lot has happened in that span, which you can learn more about by exploring the links in the update we provided on AMPG in yesterday’s premarket report. We would not be at all surprised to see AMPG continue to add to the gains we’ve seen thus far.

FRESH OPTIONS IDEA:

Friday was a fantastic day for the markets, and yesterday was quite poor by comparison. Today it appears as if the see-saw may continue with another bullish session, so we’re going to place the SPY 05/15 $281-282.50 Calls on watch to coincide with our current market sentiments.

Extended Watchlist:
STM, ADMA, DPW, NAKD, EXAS, VCYT, USAT, MARK