EHTH Archives - Blue Horseshoe Stocks

Monday’s Movers, Trio of New Potential Plays

Good Start to the Week:

We got off to a pretty good start for the fresh trading week yesterday morning. We offered up a slate of four possible options trading targets in yesterday’s premarket report that produced some solid results for us. All four made some measure of a move, with the SPY once again being our safest bet, and yielding multibag gain opportunities.

Our full slate consisted of the SPY 04/06 $655-657 Calls, the MU Weekly $375-380 Calls, the NVDA Weekly $177.50 Calls, and the SLNO 04/17 $50 Calls. The best moves they managed on the day were as follows:

SPY 04/06 $655-657 Calls
$655: 1.67-3.92 (+135%)
$656: 1.00-3.00 (+200%)
$657: .50-2.00 (+300%)
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MU Weekly $375-380 Calls
$375: 11.63-19.50 (+68%)
$377.50: 10.40-18.28 (+76%)
$380: 9.26-16.68 (+80%)
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NVDA Weekly $177.50 Calls
$177.50: 1.31-1.97 (+50%)
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SLNO 04/17 $50 Calls
$50: 2.20-2.60 (+18%)

Fresh Options Ideas:
SPY 04/07 $657-656 Puts*
TSLA Weekly $350 Puts
QQQ Weekly $586-585 Puts

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader

Extended Watchlist:
CUPR, TBH, KPRX, EHTH, MGN, MOVE, MIGI, ANIX, UUU, NRDS, HCAI, IPST, RDGT

Monday Movers, 5 Potential Trades

Recapping Monday’s Activity:

We turned in a solid card for yesterday’s premarket report, kicking off the fresh trading week in good form. We just signaled a few possible trades, and saw positive activity come out of each of them. As is fairly typical, the SPY calls we highlighted outshone the rest of the field, with a really nice multibag rip.

We had the SPY 03/02 $680 Calls, the RTX Weekly $210-215 Calls, and the NOC Weekly $750-760 Calls on our radar, and these were the biggest increases they recorded on Monday:

SPY 03/02 $680 Calls
$680: 1.91-8.50 (+345%)
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RTX Weekly $210-215 Calls
$210: 2.71-5.29 (+95%)
$212.50: 2.04-4.15 (+103%)
$215: 1.50-2.80 (+87%)
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NOC Weekly $750-760 Calls
$750: 21.21-35.25 (+66%)
$755: 23.52-30.71 (+31%)
$760: 18.00-31.60 (+76%)

Fresh Options Ideas:
MDB Weekly $240-235 Puts
CRDO Weekly $104-102 Puts
SE Weekly $95-90 Puts
TGT Weekly $116-117 Calls
BBY Weekly $66-67 Calls

*Do not attempt to trade options contracts on their day of expiration unless you are an experienced trader

Extended Watchlist:
MOBX, BATL, SVRN, ZD, TPET, NPT, RUBI, EONR, EHTH, ELOG, ANNA

Options Recaps, 4 New Potential Plays

Tuesday’s Big Runners:

We got back on track in a big way yesterday, after the gains on our ideas from the previous session didn’t really impress us as much as usual. We offered up possible targets in five options chains in our premarket report and each of our ideas could have been translated into solid gains, the majority of which were double-baggers.

We had the SPY 08/05 $631-632 Calls, the PLTR Weekly $170-172.50 Calls, the PFE Weekly $23.50-24 Calls, the APO Weekly $147-148 Calls, and the AXON 08/15 $790-800 Calls on the radar, and the most impressive upswings they exhibited on the day were as follows:

SPY 08/05 $631-632 Calls
$631: .70-1.36 (+94%)
$632: .46-.92 (+100%)
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PLTR Weekly $170-172.50 Calls
$170: 4.91-8.40 (+71%)
$172.50: 2.78-4.26 (+53%)
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PFE Weekly $23.50-24 Calls
$23.50: .62-1.38 (+123%)
$24: .40-.92 (+130%)
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APO Weekly $147-148 Calls
$147: .85-1.73 (+104%)
$148: .70-1.49 (+113%)
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AXON 08/15 $790-800 Calls
$790: 41.81-92.00 (+120%)
$800: 32.87-85.70 (+161%)

Fresh Options Ideas:
SHOP Weekly $145-146 Calls
MCD Weekly $310-312.50 Calls
ANET Weekly $132-133 Calls
AMD Weekly $170-165 Puts

Extended Watchlist:
SGBX, LPSN, PHGE, MYGN, IPDN, FLYW, GO, EHTH

Blue Horseshoe Stocks: MDCN Refocus & More

Pervasip Corp. PVSP

To kick off this short week we’d like to take note of PVSP, a super-subpenny stock that has recently awoken from the dead and begun to show some vigorous swings on the chart. PVSP has been bouncing around in a rough channel between .0002 and .0004 for the past couple of weeks.

Every so often we like to watch super-subpennies like this one for the low-risk-high-reward factor; with little room to fall, the rock bottom prices represent a true ground-floor opportunity. Many times in the past have we caught on with a play in this situation and reaped the benefit of rapid and monstrous upswings. We’ll keep a close eye on PVSP for the possible chance to do it again.

Last week the company announced that it had completed deal that will allow it to write approximately $2M off of its existing debt for an up-front sum of just $100K, and a later payment of $25K in October. >>> VIEW PR

Medican Enterprises, Inc. MDCN

MDCN is a marijuana-related stock that we’ve had on our long term radar for quite some time. Toward the beginning of the year we re-tagged the stock for monitoring and today seems like a good time to focus in more intently on a couple of key points that seem to indicate a possible opportunity ahead.

In addition to a recent property acquisition with potentially exciting implications (PR excerpt below), we’re catching MDCN off of its 52-week low which was just realized on Thursday. Our regular readers are well aware of how fond we are of stocks coming up off of their annual lows. We’ve successfully navigated countless plays in this exact situation, and in many cases have come up with major gains for our efforts.

LAS VEGAS–(BUSINESS WIRE)–Medican Enterprises Inc. (MDCN), a company seeking promising pharmaceutical and other business opportunities in the emerging medical and recreational marijuana sector, announced that it has entered into a purchase agreement to acquire a 7,200 square foot retail and commercial property in Phoenix, Arizona.

The property is currently leased through August 2018 to an Arizona state licensed medical marijuana dispensary. Per the purchase agreement, the lease agreement will be assigned to Medican. >> FULL PR

Extended Watchlist:
CYTR, ISR, AUY, EHTH, SWHC, FRO, IBIO