Blue Horseshoe Stocks: PLKD Update & More

Pleasant Kids, Inc. PLKD

PLKD has been a subject of discussion for us over the course of this month. Within the past couple of weeks we’ve tracked it as it went on a run from .06-.14, a 133% swing in a matter of five sessions. Following that, the stock pulled back to find support at .08, and subsequently rebounded back to .11 yesterday. That’s an added spike of 37% and our signal to continue monitoring PLKD’s progress moving forward.

In addition to providing action on the chart sufficient to net sizable gains for smart traders, PLKD has had a number of positive press releases come down the line recently. This includes an acquisition agreement set to take effect at the end of November, and a recent share reduction of significant magnitude.

As usual, we’ll look to see the stock continue to register higher lows as it has over the past three sessions. We’ve also pointed to a few bullish indicators on the chart that suggest near-term upside potential:


Options Update

We saw a modest move out of the gate from AAPL yesterday, which led the AAPL Weekly $114-116 Calls we were tracking to provide the chance to profit on the early dip-and-rip as we suspected.

The company’s post-market earnings report beat expectations, and as a result, AAPL is gapping up significantly in premarket trading today. This could facilitate further intraday surges in the contracts we specified, so we’ll remain hot on their trail as we head through midweek.


Extended Watchlist:
DNRG, HPTG, LATX, NRTI, WEST, XOMA,

Blue Horseshoe Stocks: Recap of Friday & Much More

Friday’s Options Ideas:

We had our eyes on a handful of options trading possibilities on Friday, and we did see some significant moves to the upside emerge from that group. We’ll kick things off this week by outlining some of the opportunities that were available for traders within the price ranges we specified in Friday’s report:

Skyworks Solutions, Inc. SWKS
$94.50 Calls – Range: 1.26-3.63 – Max Gain: 188%
$95 Calls – Range: .84-3.20 – Max Gain: 280%
$95.50 Calls – Range: .60-2.28 – Max Gain: 280%
$96 Calls – Range: .53-2.36 – Max Gain: 345%

Expedia, Inc. EXPE
$99 Calls – Range: 1.43-3.60 –  Max Gain: 152%
$99.50 Calls – Range: 2.00-2.83 – Max Gain: 41%

FireEye, Inc. FEYE
05/08 $42 Calls – Range: 1.70-2.55 – Max Gain: 50%
05/08 $43 Calls – Range: 1.25-2.00 – Max Gain: 60%

It’s quite the task for anyone to provide just one worthwhile options-trading idea, and on Friday, we were three for three. It serves as a great example of why we like to mix plenty of these options ideas into our daily reports; the gains are out there, ripe for the taking! 


Advanced Medical Isotope Corp. ADMD

Our attention was drawn to ADMD this morning as it popped up on our news scanner; the company has come forth with information regarding an “error in the calculation of common shares that should have properly been issued, resulting in significant excess issuances of common stock”. It essentially boils down to an estimated positive impact of $0.8M on ADMD’s balance sheet.

We naturally took a look at the ADMD chart upon taking notice of this news, and as we point out with the annotations below, there are several indications of a bullish trend in effect. As a result, we’ll want to keep watch over ADMD as we begin this new trading week.


Rebound For Social Media Stocks?

LinkedIn Corp. LNKD and Twitter, Inc. TWTR were both crushed on disappointing earnings last week, and both stocks appear to be gearing up for a possible recovery this week. They’re both slightly in the green here in the premarket this morning, and we’ll be looking for potential swing trade opportunities that might present themselves in coming weeks with Calls bearing a 05/29 expiration date.

On LinkedIn Corp. LNKD we’ll be monitoring the 05/29 $200-210 Call range. The longer period before expiration gives the stock some time to sustain a comeback off of recent lows.

For Twitter, Inc. TWTR we’ll actively monitor the 05/29 $38-42 Call range for similar opportunities.


Extended Watchlist:
PBR, ICLD, ARRY, BIOC, CYNI, SCOK, IBIO, XGTI, NRTI(Potential Bottom-Play)

Blue Horseshoe Stocks: New Options Trading Ideas

Gilead Sciences, Inc. GILD
& Chipotle Mexican Grill, Inc. CMG – Options Ideas

We see potential opportunities in the options arena this mid-week, from a couple of stocks that we’re catching on the heels of their earnings calls. Despite earnings beats for both, each stock has actually fallen.

Gilead Sciences, Inc. GILD – Despite exceptional 2014 earnings, investors read between the lines on a number of other key aspects following last nights call, and as a result the stock is taking a bit of a beating. This morning’s premarket low stands at 90.60. That will be the price-point we’ll need to monitor to determine an options trading strategy. Should GILD sustain a recovery off of these lows, we’ll be looking at in-the-money Calls, most likely at the $97 and $98 levels. In the event that the stock begins to find new lows we’d need to flip our strategy to Put side of the fence.

Chipotle Mexican Grill, Inc. CMG – Here we have a similar situation, with CMG taking a beating in today’s premarket, having hit a low of $675. Like GILD, earnings expectations were exceeded, however shortcomings in sales and other key metrics has momentarily taken the wind out of CMG’s sails. This is another situation where we need to monitor the stock to ensure it doesn’t fall below the premarket low in order to secure our interest in playing the Calls. We’d obviously need to look at Puts if CMG were to backslide any further, but barring that occurrence, were going to be looking at Calls in the $675-$680 range.


Inergetics, Inc. NRTI

NRTI serves as a reminder of why it’s always a good idea to check our blog at Blue Horseshoe Stocks each morning even if you’ve consumed our report via email or elsewhere. The contents of our daily-updated Stock Tracker may or may not be included in that day’s report, and often those stocks we add at the last minute go on to provide big opportunities.

That was the case with NRTI yesterday; we placed it on the tracklist just minutes prior to the opening bell, and the stock made one heck of a move. From a low of .0115, it went on to touch a daily high of .02, marking a healthy intraday move of 74% on just over three times the 30-day average volume.


Extended Watchlist:
AAPT, BABB, DIS, GPRO(Earnings Tomorrow Post-Market)