Blue Horseshoe Stocks: Huge Options Wins & Much More


Options Updates

We targeted a range of options calls in both FedEx and Adobe yesterday, as both stocks were showing good premarket activity on the heels of their earnings reports. It illustrated perfectly why we’re always formulating post-earnings options ideas.

FDX Weekly $165-170 Calls
$165
– Range: 5.35-9.00 – Max Gain: 68%
$167.50 – Range: 3.16-6.71 – Max Gain: 112%
$170 – Range: 1.42-4.18 – Max Gain: 194%

ADBE 10/21 $100-110 Calls
$100 – Range: 6.55-8.58 – Max Gain: 31%
$105 – Range: 2.80-4.21 – Max Gain: 50%
$110 – Range: .83-1.41 – Max Gain: 70%

Both stocks are gapping up again this morning, so we expect to see extended gains on these contracts today.



Recovery Play Updates

Yesterday’s session confirmed validation of all three of the bottom-bouncers  that we highlighted in Tuesday’s premarket report.

MGT Capital Investments, Inc. MGT and ACRE Realty AIII – These were both new for us on Tuesday, getting our attention as stocks that were heavily oversold after reaching new lows. As it turns out, we timed those bottoms perfectly, as you can see in the side-by-side chart snapshot below.

So far the range we’ve observed on MGT is from 1.77-2.58, a 46% rise, and in AIII, a move up from .90-1.20 (+33%). We’ll stay on their trails to watch for a continuation of these rebounds.

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NovaVax, Inc. NVAX –  While it did appear on our Bottom-Bounce Watchlist on Tuesday, NVAX began its own recovery when we initially brought it to the table in Monday’s report.  We’ve included a snap of this chart as well so you can see the excellent progress it’s made since then.

To this point we’ve witnessed a three day swing of  43% from 1.36-1.94. The stock closed at that high, so it too will be granted a reserved slot on our radars in coming sessions.

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Jammin’ Java Corp. JAMN

We alerted JAMN as a potential bottom-play last Tuesday and it too has made a solid move to the upside since then.

We saw the low come in at .0011 following that mention, and yesterday the stock reached a new high of .0025. That represents a 127% rip off of its lows in just over a week’s time.


StrikeForce Technologies, Inc. SFOR

This is a stock that we’ve been familiar with in both the distant and recent past, and we included it once again in yesterday’s report. The stock kept piling on the excellent momentum we’ve observed over the past few sessions, and ultimately set a new high for us, falling just short of breaking the penny barrier.

SFOR traded in a modest intraday range  from .008 up to .0095, a 19% increase, closing strong once again at .0094. From the low we observed following our next most recent mention of the stock  (.0036) the new high represented an overall swing of 164%

We’ll be interested to see if SFOR can maintain momentum and breach into Pennyland. The last time it came close was nearly a year ago.


Extended Watchlist:
MSTX, CNAT, CTIC, APYP, MAXD, NUGN

Blue Horseshoe Stocks: New Options Ideas

Jammin Java Corp. JAMN

We’d like to radar a familiar old play that we haven’t taken a close look at in nearly a year. JAMN, over the course of the past couple of months, has tumbled its way back to bargain-basement prices.

Now a subpenny play attempting to get a leg up over newly-registered 52-week lows, we’re going to be observing the stock for a potential recovery in sessions to come, as regaining just a fraction of the ground it’s lost recently could spell multi-bag upswings from current PPS levels.


Fresh Options Ideas

We’ve got a couple of new ideas on the options trading front this morning, and based on positioning on their charts, both of the following stocks may also be ripening for possible swing-trade opportunities.

Ford Motor Co. F – In addition to a slight ascending wedge pattern, F has a sizable gap to the upside not far off of the current pricing. Additionally, short interest on the stock has decreased by a large margin, setting us up to track some potential options ideas to correspond with what we think should be some upward momentum in coming sessions.

Along with F stock itself, we’re going to be tracking the F 10/14 $12-13 Calls for possible swing trades.
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Freeport-McMoRan, Inc. FCX – We’re interested in this copper play for a couple reasons this morning. A huge asset sale valued at roughly $2B hitting the newswires (>>Read More) is what has drawn our attention to FCX, in conjunction with a bottom bounce signal off of 5-month support levels on the chart.

We’ll be on the lookout for chances in the FCX 10/14 $11-12 Calls. Like the previously mentioned play, time won’t be as much of a factor here, with just over a month until these contracts are set to expire.


Extended Watchlist:
KTOS, NUGN, TURV, AGTK, TPLM

Blue Horseshoe Stocks: NUGN Recap & More

NuGene International, Inc. NUGN

We came back to NUGN just in the nick of time yesterday, to start the week off on a high note. We identified the stock’s finding of support on Friday after a recent backslide, and pointed out the significance of yesterday’s PR. We postulated that the concurrence of those events could lead to a rebound on the chart, and  the stock followed our expectations to the letter.

From a low of 1.66, the it traded up to a high-of-day at 2.30; that’s an intraday pop of 39% We’ll be in the lookout for a protracted rebound out of NUGN as it attempts to regain the considerable amount of ground that it’s lost over the past month. We’ll want to see the stock maintain support at or above last Wednesday’s swing-low of 1.92 on any pullbacks in order for us to remain interested.


Pazoo, Inc. PZOO

Speaking of coming back to familiar stocks at an opportune time; we want to turn our attention back to PZOO this morning. In addition to releasing a PR containing information about the early success of wholly-owned subsidiary CannabisKing’s ‘Accuvape’ line (PR Below), the chart has reached a point where a rebound appears imminent.

As we’ve pointed out below, the stock has maintained what we’ve come to recognize as a base-level of support at .0045, and is beginning to show signs that yet another recovery is in the cards. Recent activity qualifies PZOO as a ‘Double Bottom’ (>>Investopedia Definition) which lends support to that conclusion. We’ll be watching the trading action in PZOO heavily this week as a result.

WHIPPANY, N.J., Aug. 18, 2015 /PRNewswire/ — Pazoo, Inc. (OTC Pinks: PZOO), is pleased to report that 100% wholly owned subsidiary CannabisKing Distribution, LLC, in just one week after training, completes multiple sales for the AccuVape product line in Nevada, Colorado, New Jersey and New York. After such an initial sales success, CannabisKing has lined up dozens of sales calls over the next few weeks, most from new client referrals.  CannabisKing is confident they will be able to introduce the AccuVape line to a larger market share, nationally. >>VIEW FULL PR


Tesla Motors, Inc. TSLA – Options Update

Yesterday we identified potential intraday and/or intraweek trading opportunities in TSLA Weekly $250-265 Calls. We’ll be monitoring that range consistently over the course of the week, and saw the first significant action yesterday in the $250 and $252.50’s:

$250 Calls – Range: 5.09-7.70 – Max Gain: 51%
$252.50 Calls – Range: 3.89-5.92 – Max Gain: 52%


Extended Watchlist:
OMER(Big-Gapper)

Blue Horseshoe Stocks: Fresh News Plays & More

Fresh News Plays

We’ve got a couple of stocks that we’ve been tracking this summer coming out with noteworthy press in the early hours this morning, we’re going to want to increase our alertness level for each of them as we kick off a new trading week.

NuGene International, Inc. NUGN –  NUGN is appearing in the news feed with a substantial revelation at an opportune time this morning. The stock took an absolute beating last week, and just began to find its footing off of a previous support level on Friday. At the moment the stock is extremely oversold. Coupling that with the addition of this morning’s PR announcing the company’s Q2 revenue growth of more than 150% over the prior year, conditions could be just right for a rebound. We’ll be on a sharp lookout for that possibility.

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AVEO Pharmaceuticals, Inc. AVEO

AVEO stock is gapping up immensely in premarket trading on the strength of a deal the company just announced with Novartis. The potential for both a momentum play and/or a bounce play is elevated. We’ll need to see it maintain support at or above 2.20 (a previous resistance point) on any pullbacks to remain interested. With high profile news like this, it’s quite possible that it will do so.

AVEO Oncology (AVEO) today announced an exclusive, worldwide license agreement with Novartis for the development and commercialization of AVEO’s first-in-class, potent, humanized inhibitory antibody targeting growth differentiation factor 15 (GDF15), AV-380, and related antibodies>>>Full PR


Tesla Motors, Inc. TSLA – Options Idea

We’d like to submit a potential options trading idea to start the week. Morgan Stanley has raised their price target on the stock (Currently valued in the mid-$250’s) from $280 to $465, and TSLA is gapping up on the heels of that announcement. As a result, we see the potential for some intraday and/or intraweek trading opportunities in the range of TSLA Weekly $250-265 Calls.


Extended Watchlist:
ZU(Gapping Up), SFXE & XGTI(Both Oversold, on Bottom Watch)

Blue Horseshoe Stocks: Options, MILL Recaps & More

Miller Energy Resources, Inc. MILL

More often than not, when highlighting a stock that has recently recorded a new 52-week low, we’ve had very good fortune- yesterday’s premarket tag of MILL was no exception. It had just registered its annual bottom on Tuesday, and it set us up to bear witness to quite a respectable rebound.

From a low of .26, MILL surged as high as .38, marking an intraday pop of 46% and it happened on just over six times the 3-month average trading volume.

The move came in conjunction with an interesting sequence of events-Tuesday the company announced its significant doubt of its ability to continue as a going concern, which is what brought it to a new 52-week low. We caught it on the news scanner yesterday with a more positive message, regarding the receipt of a $33M tax credit from the State of Alaska and a potential loophole on the company’s debt in the form of a possible loan.

From this point forward we’d suggest an added note of caution pertaining to MILL on account of these somewhat mixed signals. The company is still in danger of filing for bankruptcy, but for our purposes, it turned out to be a nice mid-week bottom-play.


NuGene International, Inc. NUGN

We also wanted to point to another PR that hit the wires yesterday on a stock that we’ve been monitoring this summer. Back on June 15th, we tagged NUGN for observation and watched as it ran from 2.67-3.88 (+47%).

This week, after pulling back to find support at a low of 2.55, NUGN is rebounding back past the $3 mark. We’re going to want to watch it into next week, especially after the exposure that it’s set to receive this weekend.

Per a PR released yesterday the world-famous Kathy Ireland, whose namesake products NUGN distributes, will be doing a special on Fox Business Network (Sunday, 5:30pm ET) and Bloomberg International (Sunday, 8:30am CET, 3:00pm HKT, and 10:30am CDT). It’s called Worldwide Business with kathy ireland® and it will introduce a new line of stem cell-based skincare products. >> VIEW PR


Options Recap

It may be hard for some of our newer subscribers to believe, but most of the options calls we made yesterday morning ended up yielding chances at double-bag gains! Our regular readers won’t be surprised at all, as we routinely formulate such opportunities for options daytrades.

FitBit, Inc. FIT

All of the FIT Options ideas we signaled (Weekly $45.50-48 Calls) yesterday gave us the chance for notable gains, with the most significant action coming from the $46-48’s.

The $46 Calls initially ran 192% from 1.06-3.10, then dipped to a low of .79 before rebounding to 1.85 for an added 134% swing. 

The $47’s first burst carried them from .96-2.24 (+133%) dipped to .45 closed at 1.20 (+166%)

$48 Calls went on a 93% run from .88-1.70, and pulled back to .40 before ripping back to .75 for a chance at an extra 87% gain.

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Netflix, Inc. NFLX

Our ideas for NFLX Weekly $100-105 Calls are figuring to turn out quite nicely as well before the week is out.  In the image below we can see the closing prices on all of those contracts; with NFLX trading above $110 in the premarket, we expect to see all of those prices increased significantly as they’re pushed deeper into the money. We’ll be on the lookout for dip-and-rip scenarios for the remainder of the week and may consider rolling our strike prices up closer to the money, perhaps somewhere in the 107.14-111.43 range in the event the uptrend continues.


Extended Watchlist:
FCEL, OHRP, PIRS, MNGA, EXEL, ANR(watching for eventual bottom)

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