Tag: SPY

Blue Horseshoe Stocks: Friday’s Historical Session & More

SPY Options Recap

The SPY options we were targeting last week ended up enacting some of the most astronomical moves we’ve ever seen on Friday as the markets underwent the largest single-session red-to-green reversal in the past 4 years! We had already tracked multi-bag moves in the SPY Weekly $191.50-193 Calls which we originally signaled on Thursday, though they were mere drops in the bucket compared to the tremendous action exhibited to close out the week. These truly were some of the best opportunities to make windfall profits that you’re ever likely to see.

There simply aren’t enough superlatives to describe the profits that were possible. None of the following moves are misprints- this epic session most assuredly took place! Check out the breakdown of the possibilities on the contracts that we alerted just 24 hours earlier:

$191.50 Calls  – Daily Range: .06-3.64 – Max Gain: 5966%
$192 Calls  – Daily Range: .03-3.05 – Max Gain: 10066%
$192.50 Calls  – Daily Range: .01-2.61 – Max Gain: 26000%
$193 Calls  – Daily Range: .01-2.01 – Max Gain: 20000%

Premarket activity on the SPY this morning has fallen between 194.52-196.71 so we are going to adjust our strategy pertaining to the SPY accordingly. We’ll be on the lookout for a dip-and-rip within the first few hours of trading today. As the cards now lay, provided the action unfolds as anticipated, we’ll be tracking SPY Weekly $194-197 Calls to start the week. If the poor jobs numbers weren’t enough to sway the markets, very little else would be capable of doing so. Thus we are strongly inclined to believe that the bull market is still intact, and we’re due to see a carryover of Friday’s upward momentum into this week.

Energy Holdings International, Inc. EGYH

We tagged EGYH a little over a week ago on the 24th, and subsequently witnessed a nice move from a low of .0085 to .015 (+76%). Following a consolidation a new low of .0081 on Wednesday, we saw another larger spike to end the week on Friday. The stock managed to close at its high of day and new overall high of .02, which represents a 147% swing.

In order to keep our attention, EGYH will need to maintain support at or above the current 50DMA of .0084 on any pullbacks.

Clean Coal Technologies, Inc. CCTC

We enjoyed the chance at some nice multi-bag gains from CCTC recently, as we were mentioning in Tuesday’s report.

We also mentioned that for us to remain interested, we’d need to see the stock hold above the .65-.75 range. and as you can clearly see on the snapshot below, the stock has done an excellent job of that so far, earning itself continued placement on our watchlist as we kick off this fresh trading week.

Extended Watchlist:
WFRX, BCCI, SANP, FROT, NGEY, GNK(Bottom-Watch)

Blue Horseshoe Stocks: SPY Recap, GEQU & More

SPY Options Recap

We have found tremendous success in options trading this week. We enjoyed multi-bag moves from contracts in the FB and GPRO chains early on, and yesterday, we saw the same success in our targeted SPY Calls.

The specific contracts we tagged for observation were the SPY Weekly $191.50-193 Calls and in addition to some healthy initial pops, we saw dip-and-rip patterns in every case providing for a second chance for huge intraday gains, which registered as follows:

$191.50 Calls  – Initial Run: .49-1.01 – Gain: 106% – 2nd Swing: .27-.87 – Gain: 222%
$192 Calls  – Initial Run: .67-1.27 – Gain: 90% – 2nd Swing: ..41-1.15 – Gain: 180%
$192.50 Calls  – Initial Run: .49-1.01 – Gain: 106% – 2nd Swing: .27-.88 – Gain: 226%
$193 Calls  – Initial Run: .33-.77 – Gain: 133% – 2nd Swing: ..19-.64 – Gain: 237%

Pretty much every options-trading idea we submitted in our reports this week worked out exceedingly well, so congratulations to any of our followers who enjoyed some of the same success. It’s a perfect example of why we like to mix  options ideas in with the ideas we have pertaining to stocks. Be sure to stick with us into next week, when we’ll be sure to do it all over again!

Global Equity International, Inc. GEQU

This had certainly been one of our biggest standouts of the week in terms of equities. On Monday we flagged GEQU and subsequently observed the stock trading at a low of .021 that day. By Wednesday it had hit .036 (+70%), and continued to pile on the gains during yesterday’s session.

We noted the stock’s recent tendency to push to higher PPS levels despite bearing a chart which looks heavily overbought, and that trend continued with an intraday move from a low of .0355 to .044, a 24% percent jump. From Monday’s low, it marked a four-session increase of 110%

Again, when the momentum finally dies down, we’ll be looking to take advantage of a consolidation followed by a rebound.

Cherubim Interests, Inc. CHIT

CHIT is a stock that we’ve been tracking since last Friday, and despite trading sideways for most of the week the stock did end up making quite an appreciable move. We saw it rise from a low of .0016 and fall just a tick short of cracking into pennyland.

Yesterday’s high represented a three-session swing of 725% and the move came on nearly seven times the monthly average volume.

Extended Watchlist:
GDSI, VNTH, INCC, PPCH

Blue Horseshow Stocks: More Great Options Calls, COLV, GEQU

Continued Options Trading Success

Yesterday, we recapped the huge performances from the options contracts we designated for tracking in Tuesday’s premarket report, which returned the possibility of intraday gains ranging from 87-410%

Those were the GPRO Weekly $31-32.50 Calls, and the FB Weekly $90-91 Calls, and based on what we were seeing in yesterday’s premarket, we also offered our opinion as to how things could play out from that point forward.

To the folks just arriving to the party, so to speak, we suggested “waiting for the dip caused by profit-takers to ride the subsequent rebound.” The action in our observed contracts essentially transpired according to our expectations, and once again, impressive intraday profits were there for the taking.

$31 Calls  – Daily Range: .39-1.12 – Max Gain: 187%
$31.50 Calls  – Daily Range: .29-.85 – Max Gain: 193%
$32 Calls  – Daily Range: .21-.67 – Max Gain: 219%
$32.50 Calls  – Daily Range: .13-.39 – Max Gain: 200%

$90 Calls  – Daily Range: .43-1.18 – Max Gain: 168%
$90.50 Calls  – Daily Range: .34-.91 – Max Gain: 168%
$91 Calls  – Daily Range: .22-.73 – Max Gain: 204%


In addition to the initial ranges listed above, even more added gains were technically possible, as market action allowed for secondary swings in almost every case.

The markets appear strong in early trading once again, so we’ll be approaching today’s session in much the same fashion as we have the preceding two, except today we’ll be looking to modify our strike prices according to present conditions.

New Idea:

We’ll also look at the possibility of taking advantage of SPY Weekly $191.50-193 Calls should today’s activity continue to mimic recent sessions.

Coastal Integrated Services, Inc.  COLV

We included this subpenny stock on our extended watchlist yesterday, and COLV manage to record its third consecutive session of higher highs and higher lows off of its recently registered annual low (.0012).

It ran from .0024 to a daily high of .0037, which represents an intraday gain of 54%. COLV will need to continue to establish higher base levels of support in order to keep our attention going forward.

Global Equity International, Inc. GEQU

Speaking of extended watchlist plays, on Monday we tagged GEQU for tracking, and have been met with the chance for some respectable intraweek gains. The stock logged a low of .021 on Monday, and as of yesterday’s high of .036, we had witnessed a 70% increase.

The GEQU Chart appears quite overbought, but the same has been true in recent weeks and the stock has been on a continual uptrend. We’ll be on the lookout for the possibility of further increases while remaining open to the fact that a consolidation could be in the cards, and in that event, staying ready to take advantage of a possible dip-and-rip scenario.

Extended Watchlist:
PPCH, MJMJ, ARYC

Blue Horseshoe Stocks: Options Recaps, Recovery Play & More


Options Recaps

Our closing thoughts in Friday’s premarket report included some options ideas pertaining to our bullish feelings on AAPL and the SPY.

Specifically, we targeted SPY Weekly $193-194.50 Calls, and AAPL Weekly $115 and $116 Calls and included the following warning: “Trading options with a weekly expiration on a Friday carries an inherently elevated risk-reward factor, and is certainly not for the faint-of-heart, or beginning traders.” That would have been an important thing to remember, because the markets did pull back toward the end of the day, eventually rendering those contracts worthless, but not before opportunities for some big intraday gains were presented.

Early trading ranges in our SPY Calls rendered the chance at gains between 70-130% while the AAPL Calls did considerably better. The $115’s made a 293% move from .27-1.06, and the $116’s took the cake with a 520% surge from a nickel up to .31!

Heron Therapeutics, Inc. HRTX Puts

We also had some successful ideas going in the opposite direction; our bearish sentiment on HRTX paid some excellent dividends via the options chain last week, as we were mentioning on Friday. The stock continued to backslide into the close, reaching the $30-range with a daily low of 30.06. From our observed high of 42.25 at the time of our initial alert last Wednesday that’s roughly a 30% loss.

It will be interesting to see if this morning’s PR from HRTX affects the dynamics of the chart.

Clean Coal Technologies, Inc. CCTC

We also want to make another quick mention of CCTC, which has continually set new highs for us in the month of September.

We tracked the stock to some more nice gains last week, as it made a healthy intraday move of 21% from .72 to .87. That extends the total range we’ve observed following our initial alerts earlier this month from a low of .36 to Friday’s high; a total move of 142% in just two weeks’ time.

Totally Hemp Crazy, Inc. THCZ

We tagged this old familiar play on Friday for the first time since spring, and it turned out to be fortuitous timing as the stock made a noteworthy intraday jump.  THCZ traded from a low of .09 up as high as .1189, a 32% spike.

We’ll begin to pay closer attention to this and other cannabis-related stocks as election time draws nearer and the issue of marijuana is once again tested on ballots. We’ll be open to the possibility of new waves of attention for the sector as a whole, and be sure to keep our ear to the tracks for relevant developments.


Pier 1 Imports, Inc. PIR

A failure to beat Wall Street’s expectations on both guidance and earnings led PIR to gap down on Friday, though the dip wasn’t sustained. After seeing a low of 6.84 the stock did manage to recover quite a bit of ground into a 7.61 close. This transpired at a time when the chart was already fairly oversold, and that effect has been magnified as we point out on the chart snapshot below.

We’re going to have PIR on an extended-term recovery watch. A return to even the 50DMA would spell significant gains from the current juncture.

Extended Watchlist:
GEQU, COTE, EQLB, IMUN, NESV, PBMD

Blue Horseshoe Stocks: UVXY, VXX Options & More

No Rate Hike – SPY & VXX Options Ideas

Another eagerly-anticipated FOMC meeting came and went without an interest rate hike by the Fed yesterday, and as a result we observed a dramatic rise in volatility for the markets. We expect that turbulent activity to carry over into today, and with the added caveat of it being expiration day for weekly contracts, it could give rise to some serious options-trading opportunities.

Currently we’re seeing the VXX and UVXY gapping up in the premarket this morning. We will be on the lookout for a potential bounce in the markets followed by a fade to the downside. It would be at that point we’d look to get positioned in some Weekly VXX and UVXY Calls, specifically VXX $22.50-25.50 Calls, and the UVXY $48-52.50 Calls. Alternatively, we could take advantage of the same sort of scenario with SPY Weekly $197.50-194.50 Puts.

Part of the beauty of trading options is, if by chance the markets undergo a more sustained rebound and operate contrary to our initial gut instinct, we can simply flip those ideas to the other side of the fence (Puts where we mentioned Calls, and vice-versa) while striking in the same target ranges.

Great Rock Development Co. GROC

We also want to make mention of a stock we tagged for observation in Wednesday’s report which has made a nice intraweek move. GROC traded at a low of .0055 that morning, and followed up with a couple of solid sessions.

Yesterday. the stock managed to close at .0085, which represents a 55% session-over-session increase, and it occurred on slightly more than 3.5X the average monthly trading volume.

Global Digital Solutions, Inc. GDSI

GDSI is another subpenny play that caught our eye yesterday as it rebounded off of a new 52-week low. This stock has been steadily trending down for a protracted period, and is just about reaching the point where a more significant recovery could be in the cards.

It’s self-evident on the chart below, which shows that GDSI is heavily oversold at the present time. Add in a recent bullish cross on the MACD, and this is one we’ll want to monitor more closely in coming sessions. We’ll look for it to continue to register higher highs and higher lows off of that bottom.

Extended Watchlist:
MDBX, RDSH, GLD, CHLO

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