GIS Archives - Page 9 of 9 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: REV Form-4 Alert

General Mills, Inc. GIS

Tracking back to an idea we formulated on Wednesday morning, the GIS 04/18 $47.50-50 Calls, we saw some really nice activity in those contracts thanks to a bullish session for the markets on the whole.

Both of our designated targets managed to post multi-bag gains. The $47.50 Calls made a nice swing from 1.40-2.85, representing a gain of 104% The $50’s fared even better, trading in a range from .27-.94, an increase of 248%

Darden Restaurants, Inc. DRI

For a fresh idea yesterday, we went with the DRI 04/18 $115 Calls and saw a solid performance there as well. This set of contracts turned up with an even double-bagger as they ran from a low of 1.15, and reached a 3.30 high.

As is the case with many of the plays we selected this week, there’s still plenty of time remaining until expiration, so the possibility of seeing further useful activity down the line is not out of the question.

Revlon, Inc. REV – Form-4 Alert

Speaking of plenty of time, we are going to go farther out with this next fresh idea than we are typically accustomed to going. This idea could theoretically be in play for the next 5 months. We’ll track the REV 08/16 $22.50-25 Calls.

This is after noticing the stock recovering from a recent severe beating, in unison with Form-4 filings indicating the purchase of over $7M in stock by a REV insider on Wednesday and Thursday of this week, as the stock was flagging heavily.

Extended Watchlist:
SEEL, HIBB, BPTH, TRCH, BPI, UPL

Blue Horseshoe Stocks: GIS, FDX Options

Options Updates

The Michaels Companies, Inc. MIK – One of our fresh ideas for yesterday morning’s premarket report was a post-earnings target of the MIK 04/18 $12.50 Calls combined with a solid technical setup as a bottom-bounce play.

The stock turned in a very solid performance on the day, coming up just shy of its 50DMA, and that produced a significant gain opportunity for the contract set we designated. The $12.50 Calls traded up of a low of .60, and hit 1.35, marking an intraday run of 125% We’ll want to continue to reserve a spot on our radar for this play, and watch for the stock to continue to establish higher lows and higher highs off of its recent 52-week lows.
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StoneCo Inc STNE – We also had the STNE 04/18 $37.50 & $39 Calls highlighted in yesterday’s report, and while we didn’t see quite the same intensity of activity as the above-mentioned play, that pair of contracts did get off to a good start, with nearly a full month remaining until expiration.

The $37.50’s traded in a range from 4.60-6.20 for a 35% move, and the $39’s went from 4.20-5.00 (+19%). We’ll continue tracking these as well.
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Fresh Post-Earnings Ideas:
FedEx Corp. FDX Weekly $172.50-170 Puts
General Mills, Inc. GIS 04/18 $47.50-50 Calls

Extended Watchlist:
SCNA, NAVB, TYHT, NVRO, PIR

Blue Horseshoe Stocks: CELZ Recap & More

Creative Medical Technology Holdings, Inc. CELZ

We mentioned CELZ at the outset of this week, in our report from Monday morning, and we wanted to return today to recap the stock’s excellent performance since then. On Monday a low of .0283 was recorded, and after a few bullish sessions it attained a new high of .0575 yesterday.

That worked out to a three-day increase of 103% on steadily rising volume, and with the PPS now currently in blue skies, we’re going to be very interested to continue monitoring the activity in CELZ as we head into week’s end.

General Mills, Inc. GIS

We would also like to recap the performance of the options ideas we submitted for General Mills yesterday. The pair of contracts we highlighted, the GIS Weekly $45 & $47.50 Calls, each managed to produce notable intraday moves.

The $45 Calls ran from a low of 1.22 to as much as 2.39 for a gain of 96% The $47.50’s fared slightly better, trading up from a low of .34 to .78; a 129% single-session rip.
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Fresh Options Idea:
Accenture plc. ACN Weekly $157.50-162.50 Calls

Extended Watchlist:
GST, RGSE, CLDC. MYSZ, RPM, WATT, PTIE(Bottom watch)

Blue Horseshoe Stocks: Stocks & Options Movers

General Mills, Inc. GIS – Options Idea

As our regular readers are perfectly aware, we never stop looking for earnings related options plays. Even now, amid a relative lull in quarterly reports, we’re seeing an interesting possibility with General Mills.

After its Q4 earnings report this morning, wherein a solid beat on profits was achieved, the stock is up to the tune of 2% in the premarket. There is also a large gap on the chart to the $50-area. In this situation, we’re interested in tracking the GIS Weekly $45 & $47.50 Calls for the remainder of the week.

TransEnterix, Inc. TRXC

We wanted to come back to comment on TRXC this morning as well. We tagged this stock for observation just a shade over a month ago on May 23rd, and since that time, the stock has enjoyed a very solid uptrend which has led to new highs this week.

On the day of our initial alert on TRXC, we had observed a low of 2.82, and the srtock never fell below that point. Yesterday’s new high came in at 5.70, marking an upswing of 102% in a matter of four and-a-half weeks!

Kopin Corp. KOPN

For something new to put on our radars this morning we also want to make mention of KOPN. As you can on the annotated chart below, at the present time, KOPN is displaying a strong multiple bottom formation, in addition to having just reached heavily oversold territory.

We are going to place KOPN on watch in the days ans perhaps weeks ahead and will be interested to see how it behaves with this cherry of a technical setup.

Extended Watchlist:
PED, VTGN, PAVM, MDCO, RSLS

Blue Horseshoe Stocks: MULE is Kicking & More

MuleSoft, Inc. MULE

We try to include mentions of all sorts of stocks from nano-caps all the way up to the big boards, and there can be no doubt we’ve found success with plays across the entire spectrum. Generally, when we catch a stock for a large gain over a short time period, it trades for pennies a share or less. However MULE is yet another example of a higher priced stock that we recently put on our radar, making a series of big jumps in just over a month.

When we initially tagged this play back on February 16th, it was trading as low as 28.51. After a very bullish month was followed up by another big spike this week, MULE has kicked its way all the way up to 42.40, an impressive increase of 49%

The move was catalyzed by yesterday’s announcement that the company would be acquired in full by Salesforce. Generally you don’t get a sustained push from a buyout, so we wouldn’t be surprised if the stock didn’t go much higher, but we’ll keep an eye peeled just in case.

Aytu BioScience, Inc. AYTU

We’re going to place AYTU on watch this morning as a potential bottom bounce play. The stock produced abnormally high volume yesterday along with a marginal spike in PPS.

As you can see on the chart below, AYTU saw a precipitous decline in February, and has been oversold all month long, yet still maintaining support in the low to mid .40’s. Indicators suggest the possibility of a recovery on the horizon, so we”ll go ahead and monitor the activity here in the days ahead.

Fresh Options Idea:

General Mills Inc. GIS – General Mills has been in trouble on the chart for quite some time, and despite it already being at 3-year lows, the stock is continuing to get crushed on the heels of a disappointing earnings report. Accordingly, we’re going to be tracking the GIS 04/20 $50-45 Puts.

Extended Watchlist:
AKAO, OHGI, CPST, PTI, CATB, TLGT, TEUM