Tag: MULE

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

Blue Horseshoe Stocks: SPY Ripping & More

SPDR S&P 500 ETF (SPY)

Fresh for yesterday’s premarket report was an idea we formulated for the SPY after it appeared we were headed for another bullish session, the SPY Weekly $270-272 Calls. When the markets behaved as we suspected they would, that provided us with some really great chances for single-session profits in our target contracts.

The gains were strong across the board, with the following excellent moves being made on the day:

$270 Calls – Range: .85-3.44 – Max Gain: 304%
$270.50 Calls – Range: .70-2.98 – Max Gain: 326%
$271 Calls – Range: .52-2.59 – Max Gain: 398%
$271.50 Calls – Range: .39-2.14 – Max Gain: 449%
$272 Calls – Range: .30-1.78 – Max Gain: 493%

Today, if the bonanza continues, we’ll look to roll up our strike prices to the 272.50-274 Calls today.

Under Armour, Inc. UAA – Final Update

This is the fourth day this week we’ve been tracking our UAA calls that we submitted in our premarket report on Tuesday, the UAA Weekly $15.50-16.50 Calls. We wanted to circle back around one last time to provide an update on the ranges we observed this week.

The lows listed represent those from Tuesday, and the highs were all registered yesterday, so the percentage figures given represent a three day overall upswing:

$15.50 Calls – Range: .60-2.85 – Max Gain: 375%
$16 Calls – Range: .34-2.38 – Max Gain: 600%
$16.50 Calls – Range: .16-2.00 – Max Gain: 1150%
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Fresh Options Ideas

Deere & Co. DE Weekly $167.50 Calls*
The Coca-Cola Co. KO Weekly $45* & 02/23 $46 Calls

*Please do not attempt to trade weekly options on a Friday unless you are an expert level trader with disposable funds.

Extended Watchlist:
NVAX, NSPR, MULE, SDRL, WEN, BPMX, AXL, HK(Form-4 Buy)