Blue Horseshoe Stocks: AAPL Recap, EQLB & More

Apple, Inc. AAPL – Options Update

We want to start things off this morning by going over the huge gains that were made possible by the AAPL options idea we formulated this week. Yesterday we reminded our readers of our intent to stay hot on the trail of the AAPL Weekly $114-116 Calls as the stock was soaring in the premarket off of its Q2 earnings-beat.

It wouldn’t have mattered which strike price traders chose within our target range, because each set recorded a heck of an intraday run:

$114 Calls – Daily Range: 2.70-5.30 – Max Gain: 96%
$115 Calls – Daily Range: 1.96-4.38 – Max Gain: 123%
$116 Calls – Daily Range: 1.33-3.45 – Max Gain: 159%

Congratulations are in order for any of our followers who were able to pare some impressive profits out of those excellent intraday performances.


EQ Labs, Inc. EQLB

EQLB is a play that we want to reiterate our interest in this morning. Our regular readers might recall that we caught this play exactly six weeks ago on the heels of an announced partnership with world-famous music producer, Timbaland.

It ran 77% on the first day we mentioned it, and this month alone, it has traded up from a swing-low of .0026 to .0071; a 173% increase.

There hadn’t been any word of the development of the Timbaland partnership since the initial PR, until yesterday when we noticed a potentially telling Instagram post by the company. They posted the following message along with a photo of Timbaland:

We’ll keep a close watch for any official updates that may be forthcoming pertaining to that story-line. We also like the look of the present chart conditions:


Pazoo, Inc. PZOO – News Update

We also want to pass along the PR update that came down the line from PZOO this morning. We’ve closely followed the company’s ongoing expansion into the cannabis testing space, and  today’s announcement regarding a new partnership adds another link to the chain:


Extended Watchlist:
SLNN, NECA, NAMG, WSTI(Bottom watch)

Blue Horseshoe Stocks: Options Update, NESV, WTW & More

TripAdvisor, Inc. TRIP – Options Update

Last week we were continuously tracking TRIP options, and that led to several opportunities for multi-bag profits. In addition to a slew of weekly contracts, we repeatedly mentioned our longer-term interest in the 10/30 $85 Calls.

They did manage to generate substantial gains on Wednesday, to the tune of a 120% intraday swing, and Friday’s move was also rather respectable. From a daily low of .93, the 10/30 $85’s made their way to as much as 1.40, which registers as a 51% pop.

We’re anxious to see how this morning’s news of a big extension of TRIP’s partnership with the world’s largest hotel company will be received by the community at large; these contracts could be in line for even further gains, so we’re going to leave them on our radar for the time being.

PARSIPPANY, N.J. and NEEDHAM, Mass., Oct. 19, 2015 (GLOBE NEWSWIRE) — Building on a longstanding relationship, Wyndham Hotel Group, the world’s largest hotel company, and TripAdvisor, the world’s largest travel site*, today announced they have extended their partnership to add the hotel group’s inventory to the TripAdvisor instant booking platform. >> FULL PR


National Energy Services, Inc. NESV

We placed NESV on our extended watchlist on Wednesday as a bottom-watch play, and it too finished the week with strength. After ultimately finding support on Thursday morning at a PPS low of .02, NESV enjoyed two straight sessions of bullish activity as it pushed its way into Friday’s close at a new high of .034; a two-session increase of 70%

Moving forward, we’ll be looking for the stock to continue logging higher highs and higher lows to establish a sustained rebound pattern.


Weight Watchers International, Inc. WTW – Fresh Options Idea

One of the bigger storylines heading into this week will assuredly be the huge spike in WTW stock after an early morning announcement today revealed that Oprah Winfrey will be taking up a 10% stake in the company and joining the board. As a result, the stock has exploded in the premarket, running from the $8 range up past $13.

Whenever a knee-jerk reaction from the investment community causes this type of dramatic rise, especially when no material changes have occurred in the involved company, we always take notice. In cases such as this, it is extremely common for the rapid rise to draw profit-takers out of the woodwork, and therefore we’re going to be watching for a classic dip-and-rip.

Our initial target contracts are going to be the WTW 11/20 $10-13 Calls, which should be in line to perform quite well if the action unfolds as we suspect it may. This is going to be a very interesting play to track as we kick off this new trading week.


Extended Watchlist:
GRLD, ILST, EQLB, STSC, BCCI

Blue Horseshoe Stocks: Options Recaps, Recovery Play & More


Options Recaps

Our closing thoughts in Friday’s premarket report included some options ideas pertaining to our bullish feelings on AAPL and the SPY.

Specifically, we targeted SPY Weekly $193-194.50 Calls, and AAPL Weekly $115 and $116 Calls and included the following warning: “Trading options with a weekly expiration on a Friday carries an inherently elevated risk-reward factor, and is certainly not for the faint-of-heart, or beginning traders.” That would have been an important thing to remember, because the markets did pull back toward the end of the day, eventually rendering those contracts worthless, but not before opportunities for some big intraday gains were presented.

Early trading ranges in our SPY Calls rendered the chance at gains between 70-130% while the AAPL Calls did considerably better. The $115’s made a 293% move from .27-1.06, and the $116’s took the cake with a 520% surge from a nickel up to .31!

Heron Therapeutics, Inc. HRTX Puts

We also had some successful ideas going in the opposite direction; our bearish sentiment on HRTX paid some excellent dividends via the options chain last week, as we were mentioning on Friday. The stock continued to backslide into the close, reaching the $30-range with a daily low of 30.06. From our observed high of 42.25 at the time of our initial alert last Wednesday that’s roughly a 30% loss.

It will be interesting to see if this morning’s PR from HRTX affects the dynamics of the chart.


Clean Coal Technologies, Inc. CCTC

We also want to make another quick mention of CCTC, which has continually set new highs for us in the month of September.

We tracked the stock to some more nice gains last week, as it made a healthy intraday move of 21% from .72 to .87. That extends the total range we’ve observed following our initial alerts earlier this month from a low of .36 to Friday’s high; a total move of 142% in just two weeks’ time.


Totally Hemp Crazy, Inc. THCZ

We tagged this old familiar play on Friday for the first time since spring, and it turned out to be fortuitous timing as the stock made a noteworthy intraday jump.  THCZ traded from a low of .09 up as high as .1189, a 32% spike.

We’ll begin to pay closer attention to this and other cannabis-related stocks as election time draws nearer and the issue of marijuana is once again tested on ballots. We’ll be open to the possibility of new waves of attention for the sector as a whole, and be sure to keep our ear to the tracks for relevant developments.



Pier 1 Imports, Inc. PIR

A failure to beat Wall Street’s expectations on both guidance and earnings led PIR to gap down on Friday, though the dip wasn’t sustained. After seeing a low of 6.84 the stock did manage to recover quite a bit of ground into a 7.61 close. This transpired at a time when the chart was already fairly oversold, and that effect has been magnified as we point out on the chart snapshot below.

We’re going to have PIR on an extended-term recovery watch. A return to even the 50DMA would spell significant gains from the current juncture.


Extended Watchlist:
GEQU, COTE, EQLB, IMUN, NESV, PBMD