Blue Horseshoe Stocks: PULM Review & More

Pulmatrix, Inc. PULM

The first thing we want to talk about this morning is the recent performance of a stock we tagged for observation roughly three weeks ago on the 11th of March. PULM was under consolidation in the sessions that followed, and over the past week, has really blossomed into a solid runner.

From its recent low of 1.05, the stock has risen as high as 3.01, which marks an increase of 187% PULM was trading above $4 just a few months ag0. We’ll continue to monitor to see if the stock can recover the rest of its lost ground.


FRESH OPTIONS IDEAS

Walgreens Boots Alliance WBA – Here we would like to signal a range of puts in the WBA chain on the heels of the company’s whiff on Q2 earnings expectations, and slashed guidance. Our targets this midweek are going to be the WBA Weekly $59-57.50 Puts, which may be helped along by a lackluster February Durable Orders report this morning.
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Cabot Corp. CBT – In this case, we simply like the technical setup of the chart. If CBT makes the kind of rebound it appears to want to make, we are going to see some solid opportunities out of the CBT 05/17 $40 Calls.


Extended Watchlist:
AMPG, SGMO, RIOT, XNET, SOLO, LW, KEP

Blue Horseshoe Stocks: FTNW Ripping & More

Unity Group, Inc. UNIT

To kick off the fresh trading week yesterday, we tagged quite a large number of stocks in our Extended Watchlist, including UNIT with the note ‘Bottom-Watch’ attached. The stock had been absolutely pummeled in previous sessions, and a rebound appeared imminent.

We didn’t have to wait any time at all for that bounce to occur, with the stock posting a heck of an intraday performance. From a low of 8.29, UNIT surged its way up to a daily high of 11.5. That marks a very solid first-day performance for this play amounting to a gain of 37% We will continue to track the stock for further gains as the week the progresses.


General Electric Co. GE

We also wanted to recap the recent performance of GE. We mentioned this play shortly after the new year on January 8th, and observed a low of 8.18 the following day. Since then,we’ve seen fairly steady growth out of the stock, as it has run from that low up to a new high of 11.75 yesterday.

That represents an overall increase of 47% in roughly 7 weeks’ time. GE also just cracked its 200DMA yesterday, with the RSI about to head into the power zone, so we’ll want to continue our monitoring of its activity in coming sessions as well.



FTE Networks, Inc. FTNW

After being in a general downtrend since June, we’re seeing some sparks of life from FTNW, which is roaring up off of its 52-week lows as a result of announcing over $115M in new contracts. We are going to place this on our radar and strap in for what could be an impressive push off of its bottom.

Up considerably in the premarket, there are resistance areas roughly around $4, $6 and $10, and FTNW has the potential to crack some or all of those levels with the surge off of this latest news.



Fresh Options Ideas:
Etsy, Inc. ETSY 03/15 $60-65 Calls
The Home Depot, Inc. HD Weekly $185-180 Puts


Extended Watchlist:
AYX, VSI, WP, SKYS, THC, SOLO, WIN(Bottom-Watch)

Blue Horseshoe Stocks: More Big Wins, Bottom-Play

Friday’s Big Wins

We continue to pepper our readers’ inboxes with options ideas almost every day, and Friday’s report was no different. We featured a pair of fresh ideas in the ROKU and TTD chains, and hit the nail on the head with both of them to close out another solid week with strength!

The following single-session gain opportunities were there for the taking after both stocks had productive sessions on the heels of their earnings reports. TTD and ROKU took the 3rd and 6th top gainer spots, respectively, for the whole of the NASDAQ on Friday.  Out of eight sets of contracts, all eight recorded multi-bag runs on the day, with the ROKU moves being considerably more impressive. 

Roku, Inc. ROKU Weekly $53-56 Calls

$53 Calls – Range: 2.42-11.89 – Max Gain: 391%
$53.50 Calls – Range: 1.90-11.00 – Max Gain: 479%
$54 Calls – Range: 1.65-10.86 – Max Gain: 558%
$54.50 Calls – Range: 1.27-9.87 – Max Gain: 677%
$55 Calls – Range: 1.12-9.95 – Max Gain: 788%
$56 Calls – Range: .75-8.84 – Max Gain: 1079%
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The Trade Desk Inc. TTD Weekly $170-175 Calls
$170 Calls – Range: 9.65-27.37 – Max Gain: 184%
$175 Calls – Range: 4.60-26.00 – Max Gain: 465%


Fresh Options Idea:
SPDR S&P500 ETF (SPY) 02/25 279.50-281 Calls*

* These options expire at the end of today’s session. Do not attempt to trade unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
ABEO, YRIV, NTLA, TTNP, BMRN, LX, NIO, PIR, SOGO, INSG, ARWR, SOLO, UNIT (Bottom-Watch)