OCUL Archives - Page 2 of 3 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options Updates

MGM Resorts International Inc. MGM

On Monday morning, we issued a Form-4 alert on MGM after witnessing more than $75M in insider buying at a bottom pour in over the course of the previous three sessions.

We can usually have a fairly high rate of confidence that a stock in this situation will produce a rebound, and so far that’s just what we’ve seen. We signaled the MGM 08/16 $28-30 Calls for tracking, and so far, we’ve seen some pretty nice moves.

$28 Calls – Range: 1.09-1.80 – Max Gain: 65%
$29 Calls – Range: .96-1.32 – Max Gain: 38%
$30 Calls – Range: .68-.95 – Max Gain: 40%

There is plenty of time to continue to look after this idea, which could certainly produce further gains from this point forward.
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Turtle Beach Corp. HEAR

We also added a pair of options contracts to watch in the HEAR chain last Thursday, and while we also have plenty of time to realize added gains in this case as well, the early performance out of these has been noteworthy, especially the $15’s which have already recorded a multi-bag move.

HEAR 10/18 $12.50-15 Calls.
$12.50 Calls – Range: .60-.90 – Max Gain: 50%
$15 Calls – Range: .20-.50 – Max Gain: 150%
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FRESH OPTIONS IDEA:
Dave & Busters Entertainment Inc. PLAY 07/26 $40-45 Calls

Ocular Therapeutix, Inc. OCUL – Recap

We also wanted to quickly mention the performance of OCUL since we alerted on the stock last month. It has produced quite a dip and rip since that time, touching a low of 2.38 before running as high as 4.08. That marks a total possible gain of 71% in a span of just over three weeks.

Extended Watchlist:
NETS, TBLT, JILL, HSGX, FBIO, RIOT, INSY(Bottom-bouncer)

Blue Horseshoe Stocks: ZYNE, LLNKF Recaps

LiteLink Technologies, Inc. (OTCMKTS:LLNKF)(CSE:LLT) – Update

When we profiled LLNKF in a special report yesterday morning, we mentioned that the stock was ‘dripping with upside potential‘, and we were essentially proven right immediately. The stock traded more volume than the two prior sessions combined (23X the 30-day average) as it ran from a low of .1157 on up to .197, which represented an intraday rise of 70%

LLNKF closed just a couple of ticks below its high of day, at .195, and anytime we see a stock do so, especially with increased volume and buying pressure, we definitely want to be on the lookout for a possible continuation of momentum. We’ll look for this play to register higher highs and higher lows and continue this bullish uptrend.

Zynerba Pharmaceuticals, Inc. ZYNE – Recap

We are going to revisit ZYNE this morning, a stock that we have been tracking since back in December, with a followup at the end of January, as well as another just a couple of weeks ago on April 30th. Throughout that period of time, ZYNE has appreciated by leaps and bounds.

Starting from the low we observed shortly following our December alert, at 2.75, the stock has run all the way up to an impressive new high of 15.98 this week. That marks an overall move of 481% since we’ve been watching this play. Readers who may have only caught the most recent report on April 30th, have still seen a range of 9.57-15.98- a very respectable upswing of 67%

Fresh Options Ideas:
PINS Weekly $27-25.50 Puts*
DE Weekly $140-138 Puts*

*As always, we urge readers not to trade weekly options on a Friday if they are not advanced-level traders with access to disposable funds.

Extended Watchlist:
ADOM, GSAT, GEVO, OCUL, ACRX

Blue Horseshoe Stocks: Options Success Continues

OPTIONS REVIEW

First thing’s first today, we’re going to highlight the total possible gains which have resulted from options ideas we’ve posted in our morning reports over the past three trading days.

On Friday morning, we slated the GlaxoSmithKline plc GSK 05/17 $41 Calls for observation, and have seen a very solid increase since then. The $41 Calls were trading as low as .32 the morning of our alert, and yesterday, reached a high of .65. That marks a three-day swing of 103% The company posted an earnings beat this morning, so we’ll continue to monitor for any further potential progress here.
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Yesterday morning, we flagged the Seagate Technology plc STX Weekly $46.50-47.50 Calls, and were met with instant good fortune with those ideas. The single-session gains on this set of ideas was excellent:

$46.50 Calls – Range: 1.02-2.25 – Max Gain: 121%
$47 Calls – Range: .75-1.65 – Max Gain: 120%
$47.50 Calls – Range: .75-1.35 – Max Gain: 80%
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Lastly, also in yesterday’s report, we had the GE Weekly $10 Calls, and those fared reasonably well also, trading in a daily range from .19-.35 (+84%).
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POST-EARNINGS OPTIONS IDEAS:
Apple, Inc. AAPL Weekly $207.50-210 Calls

CVS Corp. CVS Weekly $56-58 Calls

Extended Watchlist:
HEB, OCUL, MTOR, GRPN, SNGX, CRSP. IPHI

Blue Horseshoe Stocks: Options Bonanza

Post-Earnings Options Success

Yesterday morning, a focus in our premarket report on Caterpillar and McDonald’s options proved to be a big success. Both companies exceeded expectations on their delivered earnings reports, and early activity suggested that opportunity was in the air.

We signaled multiple contracts for each of them, and no matter which chain and strike price was chosen, respectable intraday profits were there for the taking. The specific ideas we highlighted were the CAT Weekly $111-114 Calls, and the MCD Weekly $152.50 &155 Calls, and their subsequent moves were as follows:

Caterpillar, Inc. CAT
$111 Calls – Range: 2.00-3.88 – Max Gain: 94%
$112 Calls – Range: 1.36-2.88 – Max Gain: 112%
$113 Calls – Range: .85-2.15 – Max Gain: 153%
$114 Calls – Range: .58-1.44 – Max Gain: 148%

McDonald’s Corp. MCD
$152.50 Calls – Range: 4.35-7.50 – Max Gain: 72%
$155 Calls – Range: 2.15-5.00 – Max Gain: 133%

We’re seeing marginal premarket pullbacks from each stock this morning, but will continue to keep an eye on these play as we head into week’s end.
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Added Options Notes: Speaking of the end of the week, we’ve got an onslaught of big name earnings releases coming tomorrow and Friday, so expect the options intensity to ramp up quickly. We;ve got some fresh ideas today as well:

We also want to begin tracking a set of contracts in Chipotle Mexican Grill, Inc. CMG. We’ve been watching the stock get hammered down for the better part of the last two months, and yesterday it gave the reversal signal we’ve been looking for.Others have caught on as well, with the stock surging in premarket trading this morning. We’re going to be watching the CMG 8/11 $360-370 Calls.

Additionally, we’re also noticing a cherry of a chart setup on The Hershey Co. HSY, which, when paired with a big time beat on their own Q2 earnings, should make for a decent rebound. We’ll be staying on top of the HSY 08/18 $110 & 111 Calls.

AK Steel Holding Corp. AKS

We’ll also continue to keep an eye on AKS, which we tagged in yesterday’s report. The stock did rise, if only slightly (6.35-6.88), so we’ll want to track it for a more sustained run. It’s already trading above its 20 and 50-day moving averages- next we’d like to see it make a run at the 200DMA at 7.44.

Extended Watchlist:
PETX, IFON, OCUL, HMNY

Blue Horseshoe Stocks: AVEO Recap & More

AVEO Pharmaceuticals, Inc. AVEO

Swinging back around to discuss AVEO is our top order of business this morning after the stock soared to new highs yesterday. We placed this stock on watch on June 23rd, subsequently mentioning it several times.

On the day of our initial alert, AVEO traded for as little as 1.05 per share, and after multiple weeks in a near-contnual uptrend, the gains have been fantastic. Yesterday AVEO reached new four year highs of 3.19, marking an overall swing of 204%

Volume over the same period has been greatly heightened, and yesterday’s close at 3.15 was a strong one, so even though AVEO has had momentum-mover status for several sessions, we’re going to want to continue to watch it closely.

Inotek Pharmaceuticals, Inc. ITEK

We’re always looking for a good bottom-bouncer, which is why we want to take note of ITEK this morning after disappointing study results on the company’s eye drug sent shares tumbling yesterday.

As we point out on the chart snapshot below, the stock has been beaten back into oversold territory, leaving a big gap on the chart. We’ll place it on watch for the filling of that gap, which from present pricing would spell gains of up to 60%

Extended Watchlist:
ATNM, HK, FOLD, TEUM, JAGX, MSDI, OCUL