SPOM Archives - Page 2 of 4 - Blue Horseshoe Stocks

Penny Stock Roundup

Penny Stock Recaps

Despite being primarily focused on quick-strike options these days we still get back to our penny stock roots every now and again, most often via our Extended Watchlists, and in our daily traders chats on Skype (open to all our readers, send contact request to “stocksumo”).

We’ve had a few solid movers in those categories that we wanted to highlight this morning. Here are the targets and the moves they’ve made subsequent to appearing in our morning reports.

Transportation and Logistics Systems Inc. TLSS
Alerted: April 16th
Range:.0099-.0725 (+632%)
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SPO Global Inc. SPOM
Alerted: March 5th
Range:.05-.64 (+1180%)
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Simulatus Corp. SIML – This one we caught in our traders chat in the premarket yesterday and it posted a huge move on the day. The stock ended up trading from a low of .0074 to .023, marking total gains of up to 211%

Fresh Options Ideas:
EXPE Weekly $80-82 Calls
BJ 06/19 $30 Calls
TJX 06/19 $52.50-55 Calls

Options Recaps, Bottom Bouncer & More

Novavax, Inc. NVAX – Recap

We would like to kick things off this morning by circling back around to an options idea we had submitted last week. We targeted the NVAX 05/22 $38-40 Calls which saw their lows on Thursday and ran into this week, posting some really nice moves.

We wanted to highlight those, potential gains, although it would appear the stock’s run is over, so we likely won’t be tracking these into expiration. The company announced a huge capital raise this morning which is not being looked upon favorably by the investment community.

At any rate, the ranges on our NVAX targets from last week into this week were as follows:

NVAX 05/22 $38-40 Calls
$38: 3.08-20.86 (+122%)
$39: 2.67-20.00 (+246%)
$40: 2.10-20.00 (+293%)
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Fresh Ideas:
LOW Weekly $120-125 Calls
WMT 05/29 $129-130 Calls

Verastem, Inc. VSTM

This biotech isn’t coronavirus related, and we have not done a whole lot of technical trading since the crisis started, but we do like where this play is on the chart at the moment.

It had come down to hold support near a previous bottom, stringing together some higher lows and higher highs this week, and we’re going to put it on our running watchlist going forward.

Extended Watchlist:
SPOM, SBDS, DECN, MMMM,

ACB Adds Big Gains & More

Options Train Keeps Rolling!

To kick the week off yesterday morning, we went with a varied selection of options ideas as usual. We found solid success with the help of a strong day for the markets, thanks to renewed optimism that a coronavirus vaccine could possibly go into production before next year.

Each one of our quick-strike ideas produced significant opportunities right off the bat, with the following intraday moves:

ACB $13-15 Calls
$13: 3.15-7.00 (+122%)
$14: 1.88-6.50 (+246%)
$15: 1.50-5.90 (+293%)

These were our rolled up targets after having great success with ACB $7-8 Calls last week. In that time frame, we’ve witnessed the stock itself shoot from a low of 7.80 to yesterday’s new high of 19.68, an increase of 152%
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SE Weekly $63-66 Calls
$63: 4.11-7.03 (+71%)
$64: 3.10-5.90 (+90%)
$65: 2.84-5.20 (+83%)
$66: 2.21-4.10 (+86%)
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SPY 05/20 $292-295 Calls
$292: 2.82-5.36 (+90%)
$293: 2.43-4.60 (+89%)
$294: 1.91-3.85 (+102%)
$295: .97-3.57 (+268%)

Fresh Ideas:
AAP 06/19 $145-150 Calls
BIDU Weekly $115-120 Calls
WMT Weekly $131-133 Calls

Extended Watchlist:
TLSS, SIML, SPOM, BANT, UPLC, PURE

Markets Crashing, Bears Cashing!

Options Updates:

In these exceptionally volatile times, it’s always good to have both long and short targets, depending on which way the wind is blowing. With the help of yet another bloody day for the markets at large, the bearish ideas we’ve been tracking in MAR all week tacked on some impressive new highs, and the new CYBR Puts we added in fresh for yesterday’s report immediately went exponential.

In the case of MAR, these numbers represent 2-day swings, and for CYBR, we’ve got yesterday’s intraday ranges:

MAR Weekly $86.50-85 Puts
$86.50: 2.80-11.72 (+319%)
$86: 2.70-11.27 (+317%)
$85.50: 2.20-9.07 (+312%)
$85: 2.13-10.00 (+369%)
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CYBR Weekly $107-104 Puts
$107: 2.70-11.90 (+341%)
$106: 2.80-9.87 (+253%)
$105: 2.26-10.00 (+342%)
$104: 2.40-9.00 (+275%)

With the aforementioned winds once again blowing in a bearish direction this morning, we’ll keep an eye out for even more new highs in these plays. We’ll also add in a related idea for the SPDR S&P 500 ETF, and put the SPY Weekly $280-278 Puts on watch into tomorrow.

New Options Ideas:
EQM Weekly $15-17.50 Calls
JACK Weekly $65-60 Puts
ONEM Weekly $25-22.50 Puts

Extended Watchlist:
SEGN, HENC, SPOM, DECN, CIVX, BCII

Hugely Successful Options Ideas

Prime Options Payoffs
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We have unearthed multi-bag caliber options ideas every day this week, and yesterday was no exception to that trend. Fresh ideas in Viacom, Marinus Pharma, and PayPal all gave us and our readers a chance to at least double our money on the day.

Here is the rundown of the the intraday profit potential of each of those contract sets:

VIAC Weekly $16-18 Calls
$16: .80-2.00 (+150%)
$17: .32-.77 (+141%)
$18: .11-.31 (+191%)
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MRNA Weekly $53.50-55 Calls
$53.50: .71-1.90 (+111%)
$54: .60-1.65 (+168%)
$54.50: .54-1.45 (+169%)
$55: .38-1.28 (+237%)
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PYPL Weekly $135-145 Calls
$135: 4.30-12.21 (+184%)
$140: 1.66-7.27 (+338%)
$145: .50-3.40 (+580%)
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Fresh Ideas:
UBER Weekly $31-33 Calls
SPY Weekly $295-294 Puts
ROKU 05/15 $124-126 Calls
OSTK 05/15 $16-17 Calls

SPO Global Inc. SPOM – Update

We also have an update on the stock side of things, we included a tag of SPOM in both Monday and yesterday morning’s premarket reports. This is a stock that we have had a good bit of success with in the past even prior to this week. The stock has been steadily climbing all week, with its run kicking into a higher gear yesterday.

From Monday’s low of .0781 to yesterday’s new high of .28, we’ve now witnessed an intraweek increase of 259%

Extended Watchlist:
VYST, SHMP, MGTI, CMGO, AMAZ, INTV