Blue Horseshoe Stocks: BB Recap & More

Blackberry Ltd. BB

Blackberry had a strong earnings release for its 2nd Quarter on Friday, and we took that as an opportunity to signal a pair of options calls in the BB chain, namely the BB Weekly $10 & $10.50 Calls. It was a good thing that we did, because the impressive intraday move the stock made from 10.43-12.00 ended up facilitated some really nice chances for huge single-session gains.

The $10 Calls traded in a relatively modest range from .50-1.05, gaining 110% on the day. But that was only modest by comparison to the other set we were tracking. The $10.50’s absolutely exploded, running from .10-1.47 for a colossal intraday move of 1370%


Tesla Inc TSLA

We also want to dip a toe in the water with the TSLA chain on the heels of a fast paced week of news pertaining to the SEC’s lawsuit against Elon Musk for misleading tweets back in August.

Shares jumped in the premarket following word that, while ousted as chairman for a period of three years as part of a quickly-reached settlement, Musk will retain his position as CEO.

In the wake of this activity this morning, we want to signal the TSLA Weekly $300-310 Calls for observation as we kick off this fresh trading week.


Neogen. Inc. NEOG

We want to place NEOG on watch today as well for a duality of reasons. Firstly, the stock has just begun to find support after losing its shirt over the past couple of weeks, The stock is ridiculously oversold that the moment, and we caught a Form-4 filing from the CEO and other insiders buying up shares near current lows last week.

So we have the insider angle, as well as a brilliant technical setup, so we’re going to signal the
NEOG 11/16 $70-80 Calls for observation in the days and weeks ahead.


Extended Watchlist: 
NBEV, CRMD, TRXC, BLDP, TRLY, EEFT, MGA

Blue Horseshoe Stocks: NBEV Update & More

New Age Beverages Corp. NBEV

The performance of NBEV has been absolutely incredible this week, and we’ve been sticking with it the whole way. We were just mentioning yesterday morning how the stock set its all time single session record move on Wednesday, and yesterday set another new all time high for the second day in a row!

NBEV traded in a range from 5.27 to 7.85 (+49%) which also marked a total rise of 423% over our observed low of 1.50 following our initial alert on the 4th of this month. In post-market trading activity, the stock actually reached 10.34, which extends that figure to a gain of 589% in a matter of just twelve trading days!

With NBEV firmly in Blue Sky territory, there’s no telling where this ride will let off, but in and of itself, the performance exhibited by this play in recent weeks has been nothing short of amazing.
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Altimmune, Inc. ALT

Speaking of September 4th, that was also the morning that we tagged ALT for observation, and despit a very slow start to the month, this stock has absolutely exploded this week as well, even more so than NBEV.

ALT has traded in an absolutely mammoth intraweek range from a low of 4.27 to yesterday’s new high of 36.25. That’s an upswing amounting to 749% The fact that we’ve routinely come up with big board plays that blow their lids shows that while we’ve come a long way from the days of our focusing solely on penny stocks, we are still more than capable of identifying movers on the upper exchanges that are just as impressive!


SPDR S&P 500 ETF (SPY) – Recap 

Our fresh options trading idea for the SPY yesterday also bore fruit- after we signaled the SPY Weekly $291.50-292.50 Calls, all three contracts produced significant chances for traders to net a solid intraday profit.

We’ve traditionally been very good at playing the SPY options chain and this time was no different. The total possible intraday gains were:

$91 Calls – Range: .95-2.40 – Max Gain: 153%
$92 Calls – Range: .71-1.92 – Max Gain: 170%
$93 Calls – Range: .46-1.42 – Max Gain: 209%
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Fresh Options Idea:
Micron Technology, Inc. MU Weekly $43-45 Calls*

*Do NOT attempt to trade weekly options on Friday’s unless you are an expert level trader with disposable funds.


Extended Watchlist: 
ADT, IGXT, LCI, AWSM, ACAD, SDRL, ADBE

Blue Horseshoe Stocks: New Highs Everywhere!

New Highs Everywhere!

We were just updating readers on the progress of TLRY, DCTH, and NBEV in yesterday morning’s report. We were already impressed with their performances prior to yesterday, and yet each one managed to pile on the potential gains. All three rose sharply to new highs, so we’re coming right back to recap those excellent moves today. .

Tilray, Inc. TLRY – This is the hottest new IPO, and we’ve been tracking it since last Tuesday, at which time the stock was trading at 87.50. Yesterday it hit $300 even, an incredible seven-day swing of 243%

We were also tracking the TLRY 09/21 $91-93 Calls, which made great moves but have since been pushed so far into the money that they’ve been passed over, with the exception of the $93’s, which were still trading volume yesterday, and reached a high of 139.24, From our observed low of 5.23, that marks a fantastic gain of 2562%
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Delcath Systems, Inc. DCTH –
This play was placed on our watchlist three weeks ago on August 28th while trading as low as 1.76. Yesterday, it made its biggest single session move yet, rocketing to 10.30, for a huge rise of 485%
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New Age Beverage Holdings, Inc. NBEV – Lastly, NBEV also logged its biggest single-day performance of all-time yesterday, as the stock ran to a new high of 4.94. We’ve been mentioning it frequently since the 4th of this month, as it was trading for as little as 1.50. We’ve thus far witnessed a 229% run in NBEV, who will be rolling out a CBD beverage line at an upcoming conference early next month. 
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Greater Cannabis Co Inc. GCAN
Off of our cannabis watchlist yesterday came GCAN, which ran hard from .1453-.735, for an eye-popping single session gain of 406%
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Fresh Options Idea:
Darden Restaurants Inc. DRI  Weekly $120 & $125 Calls
SPDR S&P 500 ETF (SPY) Weekly $291.50-292.50


Extended Watchlist:
NIHD, FNJN, LCI, TNDM, NEPT, GALT