GLYC Archives - Blue Horseshoe Stocks

Options Recaps, 4 New Possibilities

Tuesday’s Winners:

The markets ripped on Tuesday in yet another stark reversal, helping along most of the targets we included in our premarket report for the day. Ultimately we ended up seeing some good moves out of all the possible plays we had on our daily watchlist.

We were looking to the DHR Weekly $192.50-195 Calls, the GE Weekly $182.50-185 Calls, and the VZ Weekly $41.50-40 Puts. Here were the best upswings they logged for Tuesday’s session:

DHR Weekly $192.50-195 Calls
$192.50: 4.50-6.25 (+39%)
$195: 3.40-5.18 (+52%)
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GE Weekly $182.50-185 Calls
$182.50: 3.70-7.86 (+112%)
$185: 2.35-6.20 (+164%)
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VZ Weekly $41.50-40 Puts
$41.50: .08-.17 (+112%)
$41: .05-.10 (+100%)
$40.50: .04-.07 (+75%)
$41: .03-.05 (+67%)

Fresh Options Ideas:
SPY 04/23 $541-542 Calls*
NVDA Weekly $103-105 Calls
TSLA Weekly $255-257.50 Calls
BA Weekly $170-172.50 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
AGMH, BTOG, SNOA, AGRI, ENSC, JYD, NVDL, RZLT, GLYC

Monday’s Runners, 3 Fresh Plays

Monday Review:

We were running a little light yesterday morning with respect to our our premarket report, having highlighted just a pair of potential options targets. We went with one set of weeklies, and a longer-term play, and our short-term set put up some good numbers right out of the gate.

Those big movers were the ON Weekly $73-74 Calls. We also want to swing back around for one of last week’s longer-term ideas that came to fruition, the SAP 11/15 $230-240 Calls. The figures presented there will be the lows following our alert on them last Tuesday, to yesterday morning’s highs.

ON Weekly $73-74 Calls
$73: 1.00-3.08 (+208%)
$74: .71-2.40 (+238%)
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SAP 11/15 $230-240 Calls
$230: 7.25-13.00 (+79%)
$240: 3.00-6.18 (+106%)

Fresh Options Ideas:
MCD Weekly $295-290 Puts
CDNS 11/15 $265-270 Calls
NVS 11/15 $115-110 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
GLYC, BKYI, SHPH, LIXT, PFIE, AREB

Monday’s Strong Showing, 4-Pack of New Targets

A Great Start to the Week:

We kicked off the fresh trading week in good form yesterday, with the options ideas we formulated for our premarket report on Monday producing significant intraday upswings. We had just three fresh ideas to start of the week, and all three of them returned positive single-session moves for us.

We had targeted the ADBE Weekly $527.50-532.50 Calls, the SPY 06/24 $544-545 Calls, and the ALNY 07/19 $220-230 Calls, and these were the numbers we got out of those calls for Monday:

ADBE Weekly $527.50-532.50 Calls
$527.50: 6.86-8.85 (+29%)
$530: 6.39-8.50 (+33%)
$532.50: 5.15-7.00 (+36%)
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SPY 06/24 $544-545 Calls
$544: .88-3.15 (+258%)
$545: .47-2.30 (+389%)
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ALNY 07/19 $220-230 Calls
$220: 6.65-16.95 (+155%)
$230: 3.68-11.00 (+199%)

Fresh Options Ideas:
EPAC 07/19 $35 Puts
SNX 07/19 $120-115 Puts
NVDA Weekly $119-121 Calls
YELP 07/19 $39-40 Calls

Extended Watchlist:
GLYC, NCPL, SNTI, RGS, KAVL, VLCN, ACON

Blue Horseshoe Stocks: BRAV Recap & More

Bravada International, Ltd. BRAV

We tagged BRAV in Friday morning’s premarket report after noticing increased volume and price action in the stock on our routine morning scan. It responded with one heck of a strong intraday performance, allowing traders a shot at a double bagger on the day.

BRAV traded up from its early morning low of .00128 to hit a high of .0028 shortly after 12:40pm, which was good for a 118% rip, and it came on 20X the 30-day average volume.

Deere & Co. DE – Friday Recap

We wanted to briefly mention our DE options idea for Friday’s session, the DE Weekly $118-121 Call.
We normally include the exact gains made by our options calls, but are unable to on this play due to a technical difficulty, so we apologize for that.

That being said, DE ran from 119.00 to 122.24 on the day, and the potential for multi-bag gains in every single one of our highlighted contracts certainly were there for the taking.

FerroGlobe PLC (GSM)

A stock that’s hitting our scanner today is GSM, which recently came down to touch the lowest prices it had seen in eight months, and has been rebounding in anticipation of Q1 Earnings, which were released yesterday and are untraded-upon.

Additionally, the RSI on the GSM chart is about to break the 50-line, while the MACD has just undergone a bullish cross. A return to PPS levels of just three months ago would produce gains of 30% or more from current pricing. We’ll place GSM on watch over the next few sessions and will be interested to see how the activity plays out.

GlycoMimetics, Inc. GLYC – Recap

We were tracking GLYC late last week, and it turned out to be a rousing success. The stock saw a low of 7.21 on Thursday following our premarket alert, and on Friday it hit 14.64, for a two-session swing of 103% which is fantastic for a stock in this price range.

Extended Watchlist:
BIOC, CMCM, OCLR, GNC, MDR, SPHS,

Blue Horseshoe Stocks: GLYC Breaks Out & More

GlycoMimetics, Inc. GLYC

The star of the show from yesterday’s premarket report was definitely GLYC, which we tagged in the extended watchlist after noticing the increasing accumulation and uptrend forming in recent sessions.

That trend was kicked into high gear with more than fifty-six times the three-month average volume pouring into the stock as GLYC traded up from a low of 7.21 and reached 11.58 for an intraday move of 61% The overall range we’ve seen here has been extended this morning in the premarket as well with the stock hitting a high of 12.05; that boosts our observed range to 67%

With GLYC shooting up so rapidly, we’ll want to be on the lookout for a potential dip-and-rip scenario, which we see quite a bit in these sort of situations.

Petroleo Brasiliero S.A. (Petrobras) PBR

It’s been awhile since we formulated an options idea for one of our old favorite targets in PBR, most recently being back in April. We often come back to the PBR well because it provides a lot of opportunities, and we’ve spotted what could be the next opportunity today.

Brazilian markets got crushed yesterday amid yet another government corruption scandal, causing a massive loss in share value for PBR in the blink of an eye. Today, it’s already snapping back and starting to recover in the premarket, so we want to formulate some options ideas to turn to in the event that the trend persists.

For quick-hit daytrading possibilities, we’ll have the PBR Weekly $8.50 and $9 Calls*, and for a longer-term idea we’ll have the PBR 06/30 $9.50 and $10 Calls on watch.
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Another Fresh Idea: Deere & Co. DE Weekly $118-121 Calls*
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*Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.

Extended Watchlist:
ARNA, BRAV, DYN, ROSG, VNCE,