Blue Horseshoe Stocks: HOME Recap & More

At Home Group, Inc. HOMEĀ 

On Friday morning, we closed out our premarket report with a fresh options trading idea for the HOME options chain, with the HOME 04/20 $30 Calls.

The idea paid instant dividends for our readers and ourselves as those calls traded in a very solid range from 1.20-3.75 on the day, giving us the chance at intraday gains of up to 213% There’s obviously plenty of time to continue tracking this play, but as it is, we’re extrmely pleased with its single session performance on Friday, which registered as the sixth biggest gainer on the NASDAQ.



Aytu BioScience, Inc. AYTU

Another target we selected last week for a bottom-watch play after noticing the chart setup and a string of insider buys, was AYTU. While it didn’t exactly blast off yet, we wanted to go over the move it did make, and reiterate our interest in tracking this play as we kick off this short trading week.

Subsequent to our alert, the stock traded in a range from .4118 to .51, a modest 24% rise, and still has tons of room to run. In fact, the company will need to promptly reach and maintain a 1.00 PPS or risk having NASDAQ forcibly de-list its stock.


Extended Watchlist:
AVID, DBX, GERN, JAGX, SRNE, VII, VKTX

Blue Horseshoe Stocks: TEUM Recap & More

Pareteum Corp. TEUM
Just yesterday, we were commenting on the large number of stocks we’ve recently tracked for large gains despite already trading at more than a dollar per share. We’ve been seeing OTC-type gains from NYSE and NASDAQ plays, and TEUM is another good example of this.

The day after our mention of TEUM in our morning report from February 8th, we observed a low of 1.72 in TEUM, and it hasn’t looked back since. Yesterday, the stock reached a new high of 3.59, representing a six-week double-bag swing of 108%


Geron Corp. GERN

GERN, another of our calls to make a solid six week run, added another new high yesterday, just after our morning report in which we outlined its prior performance. The stock had already showed us a move from 2.025-5.00 (+147%).

Yesterday’s trading range took it from a low of 5.08 to a new high of 6.68. That works out to an intraday pop of 31% and increases our total observed range to an impressive 230%



Nike Inc. NKE – Fresh Options Idea

Nike posted a beat on earning sales and revs yesterday post-market, and is up in early trading today, so we’re definitely going to want to put a range of calls on watch as we close out another trading week.

We’ll be tracking the NKE Weekly $66.50-68 Calls, but remember, NEVER attempt to trade weekly options on a Friday unless you are an expert level trader with disposable funds.

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Added Idea:
At Home Group, Inc. HOME 04/20 $30 Calls

 


Extended Watchlist:
ITRK, ABBV, CLVS, SGH, GSK

Blue Horseshoe Stocks: GERN Recap & More

Geron Corp. GERN – Recap
It’s all well and good to seek out stocks that are set to make a big jump overnight, but slower growth plays also interest us greatly. GERN is an example of a stock that we tagged near the beginning of last month (02.05) which has performed well over an extended period of several weeks.

Subsequent to our tag of GERN, the stock saw a low of 2.025, and in a series of small, incremental daily gains, it steadily made its way up to a high of 4.47 yesterday, representing an increase of 121%. That’s a very respectable gain in roughly a six week period.


Wheeler Real Estate Investment Trust, Inc. WHLR

We want to take this opportunity to place WHLR on watch as a potential bottom-play. The stock has been greatly abused over the past several months, falling well below all its moving averages, and reaching egregiously oversold territory. There is also a fairly large gap on chart to the upside, something for which we routinely look.

We’ll keep an eye on WHLR in sessions to come looking for the confirmation of a bounce. It certainly has plenty of room to run when that occurs, so keep a sharp eye out.


Extended Watchlist:
LDSR, RJDG, RSII, RNVA, ROKU, DRRX, FNJN