EWRL Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options Trading Ideas

Apple, Inc. AAPL – Options
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On Wednesday we honed in on Apple’s big news, the addition of Burberry CEO Angela Ahrendts as its new chief of retail, and mentioned that we were monitoring the 11/01 $505 and $510 Calls. At the time those contracts were trading in the low $12’s, and $10’s respectively.

We were still watching on Friday, and were duly rewarded for our patience; the $505 Calls jumped nearly 50% from the lows in the $12-range to a high of 17.10. As for the $510’s, they went on to close at 14.50, a 45% increase from the low of $10.

This morning, AAPL is gapping up to the tune of more than 0.5%, which means these Calls should be pushed even deeper into the money. That would provide us with significant added gains.

Facebook, Inc. FB – Options

Much like AAPL, FB has become one of our favorite target vehicles for trading options contracts. If you recall, we successfully pursued over 750% in cumulative gains out of FB Calls the Friday before las t, and in sticking with the same strategy last week as we pointed out on Friday, similar opportunities were presented in the Calls once again.

Extended Watchlist:
VPLM, TLAB, NTS, EWRL, ETEK, INVA, ENMD(coming off of recent lows)

BRND, CRWE & Extended Watchlists

Premier Brands, Inc. BRND
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Yesterday morning we said that we’d need BRND to hold support above a penny to keep our interest, and it did just that and much more. As you can see on the intraday chart below, after an initial pop of 92% from .013-.025, we also saw major bounces from .0185-.027 (+46%), and .02-.025 (+25%). These were in addition to several other bounce opportunities throughout the day, and let’s not forget the nearly 800% in gains it yielded last week.

We are still waiting to hear more about the planned line of premium vodka that the company has teamed up with basketball star Dennis Rodman to market. In the meantime we intend to continue taking advantage of any further opportunities presented by this volatile stock.

Crown Equity Holdings, Inc. CRWE

Since a golden cross on the CRWE chart back in May, the stock has been performing quite well. After appearing in yesterday’s extended watchlist, it provided us with a chance to make make 20% gain intraday.

SIDE NOTES:

Solar stocks appear to be gearing up for an uptrend in what is often a cyclical trading pattern. For that reason, we’ve been keeping an ongoing watchlist of solar plays. In case you missed the previous report containing that watchlist you can find it here. In addition to that solar list, we are also adding HSOL and ASTI to our radar.

Appearing in the extended watchlist of that same solar report was Green Energy Renewable Solution, Inc. EWRL. Ever since, the chart has stair-stepped its way up, coming from a low of .0095 to hit a high of .024 yesterday. That marks a move of 153% That company will soon undergo a name and symbol change as per a recent announcement that it had merged with Cirque Energy II, LLC. The new name will be Cirque Energy, the new symbol has yet to be designated.

Extended Watchlist:
IWEB, CLNO (Finding support off its 50dma), BONE, SPPI,

RSOL, Options Ideas, Solar & Extended Watchlists

Options Trading – SPY Calls

This morning we are seeing a report that US initial jobless claims have fallen more than expected, in addition to personal income and spending being up. This could lead continued success with the SPY Calls that we have mentioned over the past few days. Since Tuesday, we’ve been looking at Calls in the $156-158 range, and those are now deep in the money, having afforded us chances at multi-bag gains. We are going to look at moving our strike price to $159-160, and possibly even $161 should yesterday’s trend continue.

When we see a spike in the SPY, we generally see a subsequent pullback, followed by a bounce. So what we want to look for, is for the SPY to settle to a low of day. From there, opportunities for a quick flip may be present.

We will send out a quick update this afternoon to highlight how these SPY Calls are faring.

Real Goods Solar, Inc. RSOL

RSOL had a solid session following our flagging of the stock in yesterday morning’s extended watchlist. It ran 17% from 2.50-2.92 on the strength of a positive press release, and perhaps gaining a boost from Obama’s announcement on Wednesday about reducing CO2 emmisions, most specifically those produced by the coal-fired power industry.
LOUISVILLE, Jun 26, 2013 (GLOBE NEWSWIRE via COMTEX) — RGS Energy, the commercial and utility division of Real Goods Solar, Inc. (Nasdaq:RSOL), has been selected by St. Albans Solar Partners, LLC, to deploy a new 2.2 megawatt solar farm in Saint Albans, the largest PV system in Vermont.

RGS Energy will design, install, monitor and maintain the solar power system. Construction for the project is expected to begin next month and scheduled to be completed by November.

The fixed array ground mount solar system is expected to generate enough power to provide electricity for 400 homes. It also helps Vermont reach its goal of 20% renewable energy by 2017. Over the next 25 years, the solar energy produced is estimated to offset more than 123 million pounds of carbon dioxide emissions or the equivalent to planting more than 1.4 million trees.

It might be a good idea to add several several solar stocks to a watchlist, in the event that the same effect is felt sector-wide.

Other Solar Plays:

FSLR, CSIQ, ASYS, CSIQ, CSUN, ENER, FSLR, GTAT, JASO, JKS, LDK, SCTY, SOL, SOLF, SPWR, STRI, SUNE, TSL

Extended Watchlist:
EWRL, PTRC, LULU, SWHC, BDGN (Rumors of Upcoming Promo)

CLNO, CBMX, MJNA, HEMP & Extended Watchlist

Cleantech Transit, Inc. CLNO

CLNO hit a high of .193 yesterday morning, before we observed a lunchtime pullback to .10. On the intraday chart (below), the RSI started to look oversold, and the PPO crossed over, giving us an indication that it was a good time to consider re-entry. In a dip-and-rip scenario, we had a chance at up to 70% in intraday gains as the stock traveled back to the .17-range.

From our original alert at .0055, CLNO has risen as much as 3409%

CLNO is currently receiving a rare “100% Buy” Rating from BARCHART.COM

Recent News:

Las Vegas, NV, Jun 21, 2013 (WORLD STOCK WIRE via COMTEX) — CleanTech Transit, Inc. (OTCQB: CLNO) announced today that it has acquired 81% of the issued and outstanding shares of Discovery Carbon Environmental Securities Corporation (“Discovery”), a Nevada corporation. The acquisition advances the strategy of developing significant market share in the alternative clean energy sector. Discovery’s proprietary GreenTrees(TM) for renewable energy, and EvoCert(TM) environmental credits for offsetting business and individual carbon foot prints are some of the exciting products Discovery provides to clients throughout the world.

For More Info on CLNO Visit:

www.cleantechtransit.net

OPTIONS-TRADING NOTES:

Our interest in SPY Calls yesterday morning paid instant dividends regardless of which levels we chose. Take a look at the daily ranges on the following contracts:

$156 Calls – Low: 2.29 – High: 3.43 (Close: 3.00)

$156.50 Calls – Low: 2.00 – High: 3.03 (Close: 2.60)

$157 Calls – Low: 1.60 – High: 2.59 (Close: 2.13)

$157.50 Calls – Low: 1.35 – High: 2.20 (Close: 1.83)

$158 Calls: Low: 1.05 – High: 1.80 (Close: 1.48)

CombiMatrix Corp. CBMX

CBMX appeared on our extended watchlist for the second time yesterday since April 4th.

Back in April, we saw a move from 3.46-4.62 following our alert on the stock.

Yesterday, a similarly-sized spike took CBMX on a ride from 3.35 to 4.60 on the heels of an important announcement from the company regarding its approval by the New York State Board of Health to market its prenatal miscarriage analysis tests throughout the state. We refer you to the following:

IRVINE, Calif., June 25, 2013 (GLOBE NEWSWIRE) — CombiMatrix Corporation (CBMX), a molecular diagnostics company performing DNA-based testing services for developmental disorders and cancer diagnostics, today announced that its chromosomal microarray analysis (CMA) test for miscarriage analysis has received conditional approval from the New York State‘s Department of Health for testing on patient samples from the state. >>>WHOLE RELEASE

Other Extended Watchlist Winners:

While we’re on the subject of good performers to come off of our extended watchlist, we must turn our attention to a couple of our favorite cannabis stocks, MJNA, and HEMP. Our coverage of hemp-related plays has tapered recently, as we’ve had many other pressing issues to discuss. But it seems that we re-introduced them at a good time yesterday.

HEMP was as low as .021 before hitting a high of .028, a move of 33%

MJNA traded from .131 on up to .1453. That was good for an intraday gain of 11%

Extended Watchlist:

EWRL, PGRX(Coming off of recent lows), RSOL, LIVE,