Blue Horseshoe Stocks: Options, VHUB Recaps & More

Tempur Sealy International, Inc. TPX – Options Update

In Friday morning’s premarket report, we were providing updates on an options trading idea that we’d initially put forth on Thursday, the TPX 08/19 $70-80 Calls. The three sets of contracts had managed to yield gain opportunities ranging from 60-118% in that first session.

We also mentioned that because of the extended expiration date, we’d want to stay hot on the trail of this idea, and it was a good thing we did, because potential profits were extended with new highs in every case.

Our total observed gains over a two session span are as follows:

$70 Calls – Range: 3.00-6.10 – Max Gain: 103%
$75 Calls – Range: .90-.2.54 – Max Gain: 182%
$80 Calls – Range: .25-.60 – Max Gain: 140%

_______

Amazon.com, Inc. AMZN – Recap

As a fresh daytrading idea, we also submitted the AMZN Weekly $762.50-770 Calls for observation on Friday, and saw some nice chances for solid gains there as well, early on in the session.

All of these huge moves occurred prior to the lunch hour:

$762.50 Calls – Range: 1.56-4.57 – Max Gain: 193%
$765 Calls – Range: .88-3.46 – Max Gain: 293%
$767.50 Calls – Range: .64-3.00 – Max Gain: 368%
$770 Calls – Range:  .16-1.15 – Max Gain: 619%


Vapor Hub International, Inc. VHUB

VHUB appeared in our morning report on Friday as well, and put up a notable intraday run itself. From a low of .008, it broke out of subpenny territory and reached as high as .018. That was good for gains of up to 125% on the day.

Ideally, we’d like to see the stock maintain its penny-plus status moving forward, but technically, it would hold our interest as long as it stays above Thursday’s swing high of .0094 on any dips.


Kraig BioCraft Laboratories, Inc. KBLB

We recently came back to stock that we’ve covered a lot in the past. On July 13th we alerted the play, when it was trading as low as .0261, and on Friday, the stock hit a high of .069, marking an upswing of 164% in just over two weeks’ time.

We’ll continue to follow its progress as we kick off a new trading week, granted that it closed with strength just a tick below its high of day. In order to keep our attention, we’ll need to see it hold support at or above .04 on any forthcoming consolidations.


Extended Watchlist:
TRTC, EEGI, CGRA, SNMN, USPR, MSTX, KOOL, ONVO

Blue Horseshoe Stocks: New Options Ideas & More

New Options Ideas

The market, which has been struggling mightily here in the opening weeks of 2016 for numerous reasons, appears to be in line for some measure of a rebound today, based on early trading activity. Q4 earnings season has kicked off, which should result in an increase of options trading opportunities in the days and weeks ahead.  In the event this trend holds and progresses, we’re going to want to have a few options contracts ready and waiting in the hopper to watch for swing-trade possibilities.

Shire plc SHPG

SHPG shares are gapping up to the tune of more than 5% in the premarket this morning in the wake of the revelation that Shire would be acquiring US-based Baxalta for a whopping $32B. The deal figures to create the largest rare-disease drugmaker conglomerate in the world.

We like to take advantage of blockbuster reveals such as this, and the trading hysteria they tend to create. For this particular situation, we are going to set our sights on SHPG Weekly $175-180 Calls.

___

Acadia Pharmaceuticals, Inc. ACAD

ACAD has been tumbling down in terms of PPS in recent sessions. The reported possibility of dilution as a result of fundraising via public offering has had investors coming down on the bearish side of the fence. We want to be on the lookout for the possibility of a rebound. If such a move occurs we’re going to have the ACAD 02/19 $29 Calls and 03/18 $30 Calls on our radars moving forward.


Alcoa, Inc. AA – Possible Recovery Play

AA is striking us as a stock whose time for a rebound may be fast approaching. We want to signal this as a potential bottom-play. The strength index is heading into heavily oversold territory, and a triple-bottom setup suggests AA could be nearing basement-level prices.

We’re going to add this to our current list of bottom-watch plays, which also includes KOOL, MGI, GNBT, and MAXD.


Extended Watchlist:
HCTI, IMTV, BLTA, AAPL

Blue Horseshoe Stocks: Multiple Bottom-Watch Plays & More

Extended-Term Bottom Watchlist

The new year has been off to an uncharacteristically sluggish start for stocks due to worries over China’s struggling economy and the global ripple effect it figures to have, as well as a sharp drop in oil prices. An environment such as this doesn’t discourage us as much as change the types of opportunities we’re after. Troublesome times lead to cheap shares and along those lines, we’ve had a handful of stocks jump out at us as potential bottom-plays.

We’re going to have each of the following on our radars in the days and weeks ahead:

Cesca Therapeutics, Inc. KOOL

Max Sound Corp. MAXD

Generex Boitech, Inc. GNBT

MoneyGram International, Inc. MGI

As we stated above, the general sentiment of the market is bearish at the moment, so we will need to allow each of these room to set new lows before they begin to rebound, but in each case, potential gains on eventual recoveries will be significant, so we’ll want to keep a close eye to make sure we’re hanging around when the fun begins.


Trans-Pacific Aerospace Co., Inc. TPAC

We’ve been following TPAC regularly since the second week in December, sending out reminders of our interest in our reports last Thursday and Monday mornings as well. The stock has essentially been in a consistent uptrend the entire time.

This week alone, TPAC has surged 123% from a low of .0031 to yesterday’s high of .0069. The overall swing we’ve witnessed since our initial alert less than a month ago, is a far more impressive jump of 1050% (.0006-.0069). For our feelings on TPAC to remain bullish from this point forward, we’ll need to see the stock maintain support at or above .005 on any pullbacks.


Constellation Brands, Inc. STZ – Options Idea

STZ appears to be bucking the trend in the midst of a languorous market. While many, if not most stocks are gapping down, we want to pay close attention to STZ as it is currently showing strength.

We’ll put a range of options calls on watch for possible swing-trade chances today and in sessions to come, namely STZ 01/15 $135-150 Calls.


Extended Watchlist:
 EMBR, COLV, PFSD, WRFX

Blue Horseshoe Stocks: APP, ZGNX & Extended Watchlist

American Apparel, Inc. APP

April 15th was the day we brought APP back into the conversation, because if you recall, this is one of our old-time favorites that we turn to around the same time every year for the predictability of its seasonal trading patterns.

Right off the bat, APP did not disappoint- that day we saw a low of .47, and on Tuesday, the stock reached as high as .6895, marking a positive move on the chart of 47% in only a week.

After the resistance at the 50DMA (.68) the next hurdles come at .80, .91, and 1.05. We’ll be continuously monitoring this play over the next several months as it tends to ramp up in price over the course of the summer heading into the height of the retail season.


Zogenix, Inc. ZGNX

ZGNX is a stock that is catching our eye due to the current setup of the chart. If you track back to November, you can see that the stock ran from its current levels to more than 5.00 by February.

We are looking at it now, as it is coming off of a recent bottom, and is gapping up this morning in pre-market activity (Currently trading over $3.00). The RSI is in a general uptrend, and a quick look at the MACD reveals an extremely bullish divergence on the heels of a recent cross.

We just want to throw ZGNX up on our radars at this point, because a return to February highs would mean potential gains approaching 70% from current levels.


Extended Watchlist:
INFN, ZGNX, CLSN, KOOL, IBIO,

ERBB, FITX, PROW, REVI & Extended Watchlist

Tranzbyte Corp. ERBB

Turning our focus back to cannabis stocks yesterday proved to be a good decision, as more than a couple of them put up great performances on the day. Among those most impressive was ERBB, a stock that we’ve had on our radar for well over a year now.

During the ‘Green Rush’ that took place the first week of this year, we saw the stock shoot from the .002-range up to .0146. Upon pulling back, it found support and bounced from .0056, and made its way back as high as .011. It would pull back one more time, to .0063, before hitting a high of .0118 yesterday on extremely high volume. It’s safe to say that ERBB has brought us a host of huge gain opportunities in just the past few weeks.

We want to continue to keep an eye on ERBB. To find out why, take a look at the following video chart we’ve prepared:

Yesterday’s News:


Creative Edge Nutrition, Inc. FITX

FITX continued to breakout following yesterday’s report, trading immense volume (350M shares) to the tune of roughly 5X its 3mo. average, and hitting a high of .0648.

We ran across an interesting article regarding federal regulations for banks who wish to lend to marijuana-related companies. Attorney General Eric Holder announced that the fed intends to make it easier for banks to deal with these companies in the past. That means companies like FITX and many of the others we’ve talked about should be able to open up avenues toward better funding. >>>READ ARTICLE


Progress Watch Corp. PROW

Our recent favorite, PROW, continued to provide ample opportunities yesterday as it opened up trading as low as .0315, before touching a daily high of .079, a 151% intraday spike. From the low following our initial alert (.0067) on December 20th, PROW had seen a monumental increase of 1080% at yesterday’s high.


Resource Ventures, Inc. REVI

Yesterday, REVI touched a new high since we’ve been following it, at .011. That marks an overall gain of up to 49% since our initial report on Tuesday. It traded better-than-average volume, and maintained the support we were looking to see held at .0085.

We’re still waiting for the potential upcoming Golden Cross that appears to be forming on the REVI chart.


Options Trading Idea: TSLA $175 and $180 Weekly Calls for possible daytrading opportunity.


Extended Watchlist:
LUNA, KOOL, BDSI, ADMP


Get Our FREE Daily Reports!