Tag: ONCY

Blue Horseshoe Stocks: Great Start to the Short Week

Oncolytics, BioTech, Inc. ONCYJumping off of yesterday’s extended watchlist was ONCY, which not only produced a fruitful session yesterday, but continued to push its upper limits this morning as it touched a premarket high of .90.

After tagging this play yesterday, we witnessed a low of .57 before ONCY took off to set a daily high of .74 (+30%). As of this morning’s premarket high of .90, the stock had registered a total increase of 58%

Lucas Energy, Inc. LEI

LEI put up a pleasing performance as well yesterday. After being included in Friday’s report and making a move from .26 to .362 (+39%), the stock continued its trend, cutting a path from its daily low of .34 on up to .45.

That run marked an intraday gain of 32%, and an overall increase of 73% over our observed low on Friday.

Gevo, Inc. GEVO

GEVO, another inclusion in Friday’s watchlist, also made gains for the second consecutive session, trading in a range from .257-.30 (+17%). At its high, it registered as an increase of 49% from Friday’s low.

MagnaGas Corp. MNGA

MNGAalso appeared on our extended watchlist yesterday, and made a comparatively modest yet solid 16% move during yesterday’s session.

Yesterday’s Options Ideas

We focused on some longer-term ideas with the following two plays yesterday, and despite that fact, were very pleased with the immediate price action.

VASCO Data Security International, Inc. VDSI – The 03/20 $25 Calls we outlined in yesterday’s report made two sizable swings. First, from 5.11-7.10 (+39%) followed by a big pullback to 1.60 before it ripped back to 4.60, adding a huge intraday move equaling 187%

Similar action in the weekly calls at the same strike price (4.91-6.70, .72-4.21) could also have facilitated large gains.

Medtronic plc MDT – In MDT we zeroed in on the 03/20 $77.50 and $80 Calls, and both sets of contracts made big moves for us. The $77.50’s ran from a low of 3.70 and went on to touch 5.90, marking an intraday spike of 60%, and the $80’s would trade in a range from  .36-.83, which is a 130% jump.

Like VDSI, our longer-term idea could have applied to the weekly contracts here as well.

Extended Watchlist:
ROSG, ANGI, MSN, CUR, NOR, RUSS (Potential Bottom Bouncer)

Blue Horseshoe Stocks: Options Review & More

Last Week’s Options Ideas

Heading into the end of last week we had already been on fire with our options calls in prior sessions, and the exciting trend of huge gain opportunities continued on Friday as well. We floated a couple of last minute daytrading ideas in the web security sector with the following plays, and were handsomely rewarded for our efforts:

CyberArk Software, Ltd. CYBR – With CYBR, we were especially interested in the $50 and $55 Calls. The trading range on the $50’s was from 3.30-5.90. and that registered as an intraday gain of 72% The $55’s saw an even larger move from a low of  .85 on up to 2.25, for chances at gains in excess of 165%

FireEye, Inc. FEYE – For FEYE, we targeted the $39.50, $40, and $40.50 Calls, and once again saw our ideas go green across the board. The $39.50 Calls made a move from 1.28-2.96, increasing 131% intraday. The $40’s made a big leap as well, logging a 220% move up from .75-2.40. Finally, traders in the $40.50 Calls had the opportunity for a double-bagger also, with those contracts rising from a low of .59, and reaching their peak at 1.82, a 208% gain.

Gevo, Inc. GEVO & Lucas Energy, Inc. LEI

These two stocks were two standouts from Friday’s extended watchlist. Both plays offered notable intraday moves, and each of them is gapping up even further this morning.

GEVO traded in a range from .201-.24 for an intraday gain of 19%, and this morning’s premarket high of .28 updates that increase to 39%

LEI performed quite well on Friday also, recording an intraday move from .26 to .362 (+39%). Rising as high as .399 in premarket trading today reflects a total gain of 53% that we’ve seen from Friday’s low.

Earnings Beats to Watch

As most of you are aware we’ve had tremendous good fortune this earnings season using exceeded expectations as leverage in some incredible options trades. We’ve got another pair of potential targets this morning which just beat Wall St. estimates:

VASCO Data Security International, Inc. VDSI – Another play in the presently-popular data security industry, our interest in VDSI is currently in the 03/20 $25 Calls (Closed at 5.06 on Friday) We suspect that they will open significantly higher given VDSI’s gapping up in today’s premarket trading.

Medtronic plc MDT – Concerning MDT, we’re going to keep an eye on the 03/20 $77.50 and $80 Calls. That gives us just under a month before expiration, qualifying both of these options ideas as longer-term items.

Extended Watchlist:
IBIO, ONCY, SGNL, BIOC, MNGA

Blue Horseshoe Stocks: INCC Update, AAPL, NEWL & Extended Watchlist

International Consolidated Companies, Inc. INCC

Our anticipation of a possible dip-and-rip scenario on INCC yesterday proved to be warranted, and the stock actually provided us with a number of intraday swings.

To start the day off, the stock made two significant moves, each time running 25% from .0032-.004. Toward midday we witnessed another dip to .003, and a subsequent rip on up to .0039, adding another 30% in potential gains. Finally, we saw one last swing from .0033-.0039, an 18% move, which brought our possible gains for the session to a cumulative total of 98%

INCC put in quite a good performance for a first day alert, and we’ll monitoring this one as the week progresses for the same type of volatility that offered us those chances to profit on Monday.

Apple, Inc. AAPL

Last Wednesday, we commented on the Apple-Beats rumor, as well as speculating that AAPL could be in for a run-up, and that has certainly come to pass. Our call of 604.40 as a pivot point proved accurate, as we stated that a break of that level had the potential to give way to more significant gains.

That brings us up to yesterday’s session, where AAPL went on to set a new 52-week high at 607.33. We expect AAPL Calls to continue to do well in the midst of this uptrend, and as our regular rteaders are aware, we’ve made astonishing gains from the AAPL Options Chain in the past.


NewLead Holdings Ltd. NEWL

Sometimes in the course of attempting to track to biggest potential gainers, we find that it can take several sessions for a pick to mature. Such was the case with NEWL, as we showed up slightly early to the party. The most important thing, however, was that we showed up.

We began tracking NEWL for a bottom a couple of Fridays ago, and while we were attempting to sniff out a low, the company announced a significant 1-for-50 reverse split. As the stock attempts to normalize following that major development, we are seeing a massive surge in both PPS and volume.

We will definitely be tracking NEWL more closely following this cleaning up of the share structure, as well as other developments that have been recently announced.

Extended Watchlist:
ARX, DNDN, ARNA, TEDU, ONCY, IDN