GGII FIFTY-Bagger & More

Yesterday’s Options Runners:

We offered up a pair of fresh options ideas in yesterday morning’s premarket report, zeroing in on the TSN Weekly $79-79.50 Calls and the BNTX Weekly $195-197.50 Calls. Despite a poor day for the markets at large, we saw some intraday trend-bucking from our designated interests, which logged multibag moves across the board.

Here are the intraday moves and total possible gains for anyone who was also tracking these contract sets: 

TSN Weekly $79-79.50 Calls
$79: .24-1.11 (+362%)
$79.50: .16-.88 (+633%)
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BNTX Weekly $195-197.50 Calls
$195: 
5.00-13.47 (+169%)
$197.50: 4.30-11.00 (+156%)


Fresh Options Ideas:
SPY 05/12 $415-413 Puts
PLTR Weekly $17.50-17 Puts
RBLX Weekly $63-64 Calls 


More OTC Success:

For those of our readers who are not aware, we started in this business in the mid 2000’s almost solely on the back of our interest in OTC-traded securities. The past TEN of those years worth of newsletters is still available for perusal on our permanent archive at BlueHorseshoeStocks.com.

That’s why, even as we’ve shifted primarily to quick-strike options trading as our main focus over the years, we still take great pleasure in tracking and reaping benefits from the recent success we’ve seen in a lot of these lower exchange plays.

Here are new highs from yesterday in some of the stocks that we’ve been mentioning in our newsletters of late:

Green Globe International, Inc. GGII:

First Alert: 04/14
Subsequent Range: .0018-.105
Total Possible Gain: 5733%
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Good Vibrations Shoes, Inc. GVSI:

First Alert: 04/20
Subsequent Range: .0036-.0545
Total Possible Gain: 1414%
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Elray Resources, Inc. ELRA:
First Alert: 05/06
Subsequent Range: .0023-.0085
Total Possible Gain: 270%


Extended Watchlist:
AAGC, TAWNF, NGCG, EEGI, GNCP, NSPT, AHFD, TONR, SVAD

Private Chat Play Blows Lid, Options Ideas

Why Sign Up for Our Premium Tier? 

Our premium service, Veteran Trading, has been operating for several weeks now, with more new subscribers signing on all the time. Our basic package entails a private Telegram chat where we provide realtime trading ideas that do not appear in our daily premarket reports.

Yesterday, on the heels of a Secretary of State reinstatement, we tagged NGCG in the private room just prior to the open, as you can see on the snapshot below.

Following our signal, NGCG ran from a daily low of .0066 to as high as .03, which represents an intraday upswing of 355%, a serious intraday gain opportunity. We urge you to send a brief email indicating your interest in our premium service, along with a short description of your trading experience to bullinadvantage@aol.com.

Another potential reinstatement play that we are going to be watching today is PFND. Get in touch with us about commencing your subscription with Veteran Trading today, and never miss another chance for big gains!


Swing-Trade Options Ideas:

We like the look of the charts on both ATNX and OTRK, and will be issuing some extended-term potential swing trade ideas to correspond.

ATNX 07/16 $5-7.50 Calls
OTRK 05/21 $40-45 Calls


More Options Plays:
TLRY Weekly $24.50-25.50 Calls
JD Weekly $93-96 Calls 


Extended Watchlist: 
VPER, UVSE, FTXP, IMTL, INCC, CYPS, ICTY, MDCN, AHFD

Bottom-Watch Signal & More

The Cato Corp. CATO

With the coronavirus pandemic still raging, we’ve been forced to move away from our traditional technical-based trading methods and become more opportunistic. In the case of CATO, however, we have an interesting opportunity with the stock being pressed down to its lowest prices in over a decade, just yesterday.

We are always looking for stocks that are searching out new lows, and will observe carefully in the days and weeks ahead as CATO establishes its own bottom. The company announced at the beginning of last month that would reopen most of its stores.


ABM Industries Inc. ABM 

In yesterday’s premarket report, we signaled a pair of contract sets to put on watch in the ABM chain, and we did see some solid movement in those on the day. They were the ABM Weekly $30 & 35 Calls and both made notable increases, with an especially impressive performance coming from the $35’s.

ABM Weekly $30-35 Calls
$30: 5.00-8.60 (+72%)
$35: 1.11-4.00 (+260%)
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Fresh Ideas:
JBL Weekly $33.50-34.50 Calls*
KMX Weekly $98.50-100 Calls* 

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


Extended Watchlist:
NGCG, MRGE, DECN, VYST, UONE, UONEK, SALM, NTN

Blue Horseshoe Stocks: NGCG, BABA Options & More

New Generation Consumer Group, Inc. NGCG

Many of the stocks that we’ve placed on the Blue Horseshoe Stocks Stock Tracker lately have really turned some heads, and NGCG is the latest chapter in that ongoing story. We placed the stock on the tracker less than ten minutes into the session, and it was also a topic of discussion in our trading chatroom*.

From there, we witnessed one heck of run as NGCG tore its way up from a low of .0049 to touch .0175, an intraday spike of 257% The huge move came in the wake of the news of a massive share reduction, in which NGCG informed the public that it now has 484,608,753 shares outstanding, with an updated public float of 40,880,342. With such a low float, big volume has the potential to generate huge moves on the chart as yesterday’s session certainly proved.

We also like the company from a business standpoint; their “Mucho Macho Michelada Mix” is already on shelves, currently sold by high-profile retailers like 7/11, Amazon, Kmart, and more. This gives us another compelling reason to have NGCG on our radars moving forward.

Added Note:
We also want to extend our congratulations to one of our chatroom members, DJ, who brought DGLV to the room on Friday afternoon just before the closing bell at a PPS of .025. (You can see his reminder in the snapshot of yesterday’s alert on NGCG above.)  Yesterdays high of .104 registered as a 316% increase, so on behalf of the rest of our members, thanks a ton for your contribution, DJ!*

*Any readers who’d like to get involved in our trading chats in the future can do so easily! For either the Premium or the free chats, simply add “stocksumo” as a contact on Skype and request access!


Options Idea

Alibaba Group Holding Ltd. BABA – We’re also looking at BABA for a possible options trading opportunity, specifically with the 03/20 $95 Calls. We noticed that there is a gap to fill on the chart up to the $98-level. If BABA can get back to $98 by March 20th, those calls would be worth roughly 3.00, which would be quite a nice move from yesterday’s closing price of .80.


RadioShack Corp RSHCQ

Our mention of RadioShack in yesterday’s report also paid off, with the newly downlisted stock trading in a daily range from .1251-.1485, a solid 19% intraday gain. It did what we said we wanted to see it do, registering higher highs and higher lows off of its recently established bottom. We’ll continue to watch RSHCQ as the company navigates its way through bankruptcy proceedings.


Extended Watchlist:
KO, HOT, URBN, CDW, XON, C, MDBX

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