GSM Archives - Blue Horseshoe Stocks

Huge Gainers, Fresh Ideas & More

Options Reviews:

More options updates are on the menu for this morning, with a recap of yesterday’s winners, as well as an update on one of our current running ideas.

From yesterday morning’s premarket report, we have the AMBA Weekly $112-115 Calls and the PLAN 09/17 $65-75 Calls, as well as some new highs in the SLQT 09/17 $7.50-10 Calls which we signaled on Tuesday morning.

AMBA Weekly $112-115 Calls
$112: 7.30-19.96 (+173%)
$113: 7.60-19.00 (+150%)
$115: 3.00-17.60 (+487%)
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PLAN 09/17 $65-75 Calls
$65: 3.01-4.66 (+55%)
$70: .92-1.85 (+101%)
$75: .25-.50 (+100%)
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SLQT 09/17 $7.50-10 Calls
$7.50: 1.80-3.47 (+93%)
$10: .40-1.25 (+212%)

Fresh Options Ideas:
CHPT Weekly $24-25 Calls
NTNX Weekly $37.50-40 Calls
SIG Weekly $80-90 Calls
CHWY Weekly $83-79 Puts

Medigus Ltd. MDGS – News Alert:

Another fresh PR from MDGS this morning, alluding to a new patent filing pertaining to Polyrizon’s cutting edge infection-resisting hydrogel technology. We’ve been tracking developments in MDGS’ interests, and Polyrizon has been one of the most active.

OMER, Israel, Sept. 02, 2021 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, today announced that Polyrizon Ltd., a privately held company which Medigus owns 35.86% of its share capital, has submitted an additional patent application to the United States Patent and Trademark Office for its innovative technology.

The invention generally pertains to the field of hydrogels that are capable to capture and contain biological assaults intrusion through the upper airways and eye cavities. Furthermore, the invention details a novel modality for a delivery system for drugs through the nasal mucosa that could get more drug into the body, and resides longer in the nasal cavity.

Recent pre-clinical data by Polyrizon, showed that its product candidate has the potential to reduce the risk of an infection with human coronavirus and may also prevent COVID-19 as well as Influenza Virus H1N1 and may potentially also treat additional Cold viruses. (>>Read Full PR HERE)

Metal Arts Co. Inc. MTRT – Recap:

Lastly, we placed MTRT on watch in yesterday morning’s premarket report, and got instant results in the form of an enormous single-session push from this OTC play.

The stock traded up from a low of .5778 on the day, and reach a high of 5.05, for a whopping intraday move of 774% which came in on more than 18X the 30-day average volume.

Extended Watchlist:
PSTV, IPHA, SPRT, CHPT, TLSA, GSM, CCAJ, TLSS, TPTW, APTY, RHCO, HBRM

Blue Horseshoe Stocks: Options Explosion

Options Review

We are very pleased to report that our options ideas that we formulated fresh for yesterday’s session in our premarket report produced huge chances for profits across the board. We submitted targets in the Dick’s Sporting Goods and Tiffany’s chains following their quarterly earnings reports, and hit the nail on the head in both instances.

Here are the stellar gains that were made possible by our fantastic ideas:

Dick’s Sporting Goods, Inc. DKS Weekly $36-38 Calls
$36 Calls – Range: .20-1.95 – Max Gain: 875%
$37 Calls – Range: .20-1.40 – Max Gain: 600%
$38 Calls – Range: .05-.80 – Max Gain: 1500%

Tiffany & Co. TIF Weekly $95-92 Puts
$95 Puts – Range: 1.30-3.20 – Max Gain: 146%
$94 Puts – Range: .90-2.44 – Max Gain: 160%
$93.50 Puts – Range: .90-2.12 – Max Gain: 136%
$93 Puts – Range: .62-1.85 – Max Gain: 198%
$92 Puts – Range: .45-1.30 – Max Gain: 189%

Zillow Group, Inc. Z – Update

Last Wednesday we also began tracking some options ideas on Zillow, which caught our eye when we noticed some insider buying at relative lows. We highlighted the Z 01/18 $30-40 Calls, and immediately began to see results. Zillow stock has been on a steady incline ever since, beginning to fill the large topside gap on the chart.

We’re happy to report new highs on all three of our selected contracts, which have thus far provided us with the following gain opportunities.

$30 Calls – Range: 1.57-6.11 – Max Gain: 289%
$35 Calls – Range: .57-2.80 – Max Gain: 391%
$40 Calls – Range: .10-.95 – Max Gain: 850%

Extended Watchlist:
SGSI, IPCI, KIRK, RIOT, BPMX, DPW, ANF, ZIXI, YETI, LZB, GSM

Blue Horseshoe Stocks: Trio of Post-Earnings Options Ideas

Trio of Post-Earnings Options Ideas

As our regular readers are more than aware, we are always looking in the earnings calendar to find potential quick-strike options trading opportunities. After a strong earnings report, chances to take advantage of the clamor for shares are often plentiful.

This morning we’ve got three separate ideas, to help us try to do just that. After solid reports all around we’re looking to formulate ideas for The TJX Companies, Inc. TJX, Advanced Auto Parts, Inc. AAP, and Kohls Corp. KSS options chains.

TJX 06/15 $85-90 Calls
AAP 06/15 $120-130 Calls
KSS Weekly $67.50-69.50 Calls

Agile Therapeutics, Inc. AGRX

Another thing we’re always looking for is bottom-play opportunities. We want to place AGRX on watch after seeing the stock get absolutely crushed over the past few sessions.

The short interest has risen dramatically as you can see on the AGRX page of Naked Short Report, and caused a serious gap down to perhaps unsustainably low levels. When an influx of buyers looking for a bargain comes in, we could see that gap begin to fill. We’ll have it on a close bottom watch.

Extended Watchlist:
MU, DNR, TGA, SYN, GSM

Blue Horseshoe Stocks: BBRY Recap & More

Cumulus Media, Inc. CMLS

We’re looking at CMLS as a possible momentum play. The stock has been building up quite a head of steam over the past few sessions, trading an inordinately high amount of volume yesterday.

Since hitting its lows toward the end of last month the stock has been in a general uptrend. Every time it has receded, it has rebounded back to set new highs. We’ll place CMLS on watch to see if it can maintain the powerful trend it has established.

CMLS is gapping up in the premarket this morning. On any pullbacks, we’ll want to see CMLS maintain support at a minimum of .50 in order to maintain our immediate interest.

BlackBerry Ltd. BBRY

Normally, when we alert on a big board play without including some type of options idea, as we did with BBRY back on March 31st (and April 12th), it’s because we feel the stock itself is generally undervalued. Where BlackBerry is concerned, we have thus far turned out to be right on the money. We saw a low of 7.47 on the morning of March 31st, and BBRY hasn’t looked back since.

In its largest single session move of the year, the stock hit 11.38 yesterday. That represents an increase of 52% over our observed low, as we’ve pointed out on the chart below. .

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FerroGlobe PLC (GSM) – Along the same lines, we highlighted GSM yesterday, a stock which is priced similarly to BBRY. It managed a slight increase after gapping up, and we’re going to continue watching this one as well.

Extended Watchlist:
PGPM, HMNY, ETRM, RGSE, PLX, BPMX, FRTA(Bottom watch)

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,