RH Archives - Page 7 of 7 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Stock Updates & More

DURRECT Corp. DRRX

We began tracking DRRX last month, with our initial alert coming on the morning of 08/07. Subsequent to that report, the stock recorded a low of 1.22, and yesterday, reached a new high of 2.46.

That works out to a clean double-bag move of 102% in a matter of six weeks. The stock has been on the rise for two months now, so we’ll be interested to see where it will ultimately find itself.

Avadel Pharma Inc. AVDL

We freshly tagged AVDL in yesterday morning’s premarket report, and while it didn’t make our heads spin, the stock did produce a solid intraday gain on our first day of tracking it.

From a low of 4.13, the stock reached a high of 5.37 on the day, which registers as a 30% upswing. We’ll continue to keep it on our watchlist as we head into midweek.

Fresh Options Ideas:
KMX Weekly $88.50-90 Calls
RH 10/25 $165-160 Puts

Extended Watchlist:
GHSI, JAG, OGEN, ALDX, OSTK

Blue Horseshoe Stocks: EXCLUSIVE AMPG INTERVIEW

AmpliTech Group, Inc. AMPG

We’ve been keeping track of AMPG for ten weeks now, and not only did the stock make a run from .043 to .084 during that time, but it has managed to hold more than half of those gains upon consolidation, and has held firm in the .065-.075 area.

For a company that, for the time being, is rather small in size, AmpliTech has serviced some big accounts in both the government and private sectors. The company’s RF signal amplifiers are top of the line in terms of noise reduction effectiveness, and AMPG exhibited its wares at a recent high profile conference.

We were pleased to attend the 2019 International Microwave Symposium in Boston, Massachusetts last week, where we got the opportunity to sit down and conduct a face-to-face interview with Fawad Maqbool, the CEO of AmpliTech. We highly recommend that you take a few moments to check it out.

VIEW AMPG INTERVIEW NOW!

RH, Inc. RH – Recap

Our bearish options trading idea from yesterday’s report turned out to be our bigger winner for the day. We selected the RH Weekly $120-118 Puts even after the company posted a solid beat on Q1 earnings and raised guidance.

It might have seemed like a counter-intuitive choice to some, but we had good reason. The stock was gapping up way too high in the premarket. We predicted that it would fall after the open, and it turned out to be the right hunch.

The following intraday gains were made possible by our idea:

RH Weekly $120-118 Puts
$120 Puts: 3.80-8.40 (+121%)
$119 Puts: 3.90-6.75 (+73%)
$118 Puts: 3.00-6.29 (+110%)

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Fresh Options Idea:
AVGO Weekly $252.50-257.50 Calls

Important: DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced level trader with access to disposable funds.

Extended Watchlist:
NVCN, NAKD, HUSA, ARQL, KURA, IGC, LGCY, FVPR

Blue Horseshoe Stocks: Solid Runners

SOLID RUNNERS

We tagged both INSY and HSGX in yesterday morning’s premarket report, and both stocks produced admirable runs on the day.

INSYS Therapeutics, Inc. INSY just registered its lowest price ever earlier this week, and we thought it would be worth it to track as a potential bottom-bounce play. The return was instantaneous. INSY opened at a low of .32 before running as high as .74, which marks an intraday pop of 131%

There is still a huge gap to the topside on the chart, so we’ll definitely continue to monitor the activity on INSY in the days and weeks ahead.
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Histogenics Corp. HSGX was also a solid mover for us on the day yesterday. This stock has traded mostly flat for the whole of 2019 so far, but it looks like we tagged it as a bottom play at an opportune moment.

From a low of .24 it reached .32 for a respectable 33% gain, but this could just be the beginning. We’ll want to continue tracking this play as well.

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FRESH OPTIONS IDEAS:
Lululemon Athletica LULU Weekly $177.50-182.50 Calls
Duluth Holdings, Inc. DLTH 08/16 $15-17.50 Calls
RH, Inc. RH Weekly $120-118 Puts

Extended Watchlist:
SMRT, LTBR, NAKD, AMR, ADT, RRGB, YUMA

Blue Horseshoe Stocks: DAL Options & More

Delta Airlines Inc. DAL

Despite a tumultuous day for the markets yesterday, and mostly everything taking on a bearish characteristic, we’re still going to go bullish on DAL in the wake of the company’s quarterly earnings report released this morning.

Despite rising fuel costs, the company revealed that profits soared well past expectations as a result of increased demand leading to higher ticket prices.

As we always try to do when a company posts a solid beat, we’ll designate a range of options to place on watch, in this case the DAL Weekly $49.50-52 Calls. We’ll go ahead and track these into the end of the week. DAL stock was already oversold, getting hammered for weeks, so this report may be just the catalyst needed to effect an impressive reversal.

SPDR S&P 500 ETF (SPY)

We had great success with the SPY earlier this week, and we want to come back to it this morning in the wake of the markets getting crushed yesterday. With the amount of uncertainty and potential volatility out there, we want to set ourselves up to have an active idea no matter which way the winds blow.

Should the SPY fall below $276, we will target the SPY Weekly $277 & $276 Puts. If it pulls above $276 we will focus on the $276 and $277 Calls, so either way, we should be able to quickly identify the proper course once trading commences. .

Extended Watchlist:
SBGL, PRPO, RH, HEAR, CEI, HMY, ACST, HSGX

Blue Horseshoe Stocks: Mid-Week Review

U.S. Stem Cell, Inc. USRM

Today marks the fourth consecutive morning that we’ve addressed USRM in our premarket report, granted the fact that it has gone on a multi-day run setting new highs one after the other.

During yesterday’s session, USRM traded in a range from .096 to .1793, a fantastic intraday swing of 87% From the low of .014 we caught immediately following our report on February 27th, the total increase we observed in just a shade over a month amounts to an incredible 1180%

The stock closed at .125, but the volume cooled down to just slightly more than the 30-day average. We’ll remain interested in tracking USRM as long as it can continue to build higher base levels of support.

Sunshine Heart, Inc. SSH

We tagged SSH in yesterday morning’s extended watchlist, after identifying it as a possible bottom-bouncer, and ended up providing a pretty good opportunity for a quick intraday gain which could be just the start.

The stock traded in a range from 1.67 to 2.38 for a 43% pop, and perhaps more importantly, closed with strength at 2.31 having traded more than four times the monthly average volume on the day.

That performance will have us on the lookout for a possible continuation of momentum and give SSH a chance to formulate a multi-day run.

Dollar Tree, Inc. DLTR – Options Update

We also want to give a quick update on the performances of a set of DLTR options we alerted a week ago today. The DLTR 04/21 $78-80 Calls have provided the following gain opportunities since then:

$78 Calls – .51-1.18 (+131%)
$79 Calls – .48-.90 (+88%)
$80 Calls – .30-.61 (+103%)

The $78.50’s and the $79.50’s, also included in our highlighted range, also made commensurate gains to what’s listed above.

Extended Watchlist:
POTN, VRTX, CBIO, TNXP, RH