STAA Archives - Blue Horseshoe Stocks

Wednesday’s Activity, 3 Fresh Ideas

Midweek Movers:

It was another nice day of options trading, after we hashed out a slate of four possible plays in our daily premarket report. and all of them made positive moves on the day, to varying degrees. We’re cruising right along this week, having been on the right side of the bear/bull fence each day so far.

We of course had some SPY Calls that rocked, which were the SPY 04/08 $674-676 Calls, and those were joined by the UAL Weekly $98-100 Calls, the DAL Weekly $73-74 Calls, and the LEVI Weekly $21-22 Calls. These were the best runs they put forth during Wednesday’s trading:

SPY 04/08 $674-676 Calls
$674: .41-2.22 (+441%)
$675: .14-1.25 (+793%)
$676: .05-.51 (+920%)
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UAL Weekly $98-100 Calls
$98: 2.89-3.95 (+37%)
$99: 2.45-3.00 (+22%)
$100: 1.63-2.81 (+72%)
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DAL Weekly $73-74 Calls
$73: .50-.74 (+48%)
$74: .30-.47 (+56%)
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LEVI Weekly $21-22 Calls
$21: .75-1.60 (+113%)
$21.50: .45-.100 (+122%)
$22: .25-.65 (+160%)

Fresh Options Ideas:
SPY 04/09 $676-674 Puts*
APLD Weekly $27.50 Puts
PSMT Weekly $160 Calls

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader

Extended Watchlist:
GLMD, ONCO, GAME, ARAI, ELAB, PMAX, GIPR, STAA

Monday’s Activity, 5 New Targets

Monday’s Moves:

Unfortunately there wasn’t too much to write home about for us yesterday in terms of the options ideas we floated for our premarket report. We did see positive intraday movement from three of the four contract sets we were monitoring, but the potential gains simply didn’t rise to the exciting multi-bag levels that we’re always after. Not every day can be action packed, but we do usually unearth some amount of multi-baggers, so we’re sure we’ll be back on track in no time.

Yesterday’s watchlisted targets were the IDXX 08/15 $620-630 Calls, the BNTX 08/15 $110 Calls, and the TSN 08/15 $55 Calls. Here were the intraday upswings they recorded on the day:

IDXX 08/15 $620-630 Calls
$620: 35.69-67.00 (+88%)
$630: (low volume)
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BNTX 08/15 $110 Calls
$110: 3.87-4.80 (+24%)
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TSN 08/15 $55 Calls
$55: .50-.95 (+90%)

Fresh Options Ideas:
SPY 08/05 $631-632 Calls*
PLTR Weekly $170-172.50 Calls
PFE Weekly $23.50-24 Calls
APO Weekly $147-148 Calls
AXON 08/15 $790-800 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
AIP, SMXT, STAA, STTK, ELWS, NGTF

RENU & Extended Watchlist

Renuen Corp. RENU

RENU appeared on our extended watchlist back on March 14th. At the time, it was trading as low as .0021, and went on to hit .0045 on March 25th. After receding back to its support level at .0022, the stock ran again, this time to .0037. This week, we’ve seen an increase in volume as a result of recent positive news announcements, which bode well for the company. We want to continue to monitor RENU’s activity, as well as participate in tonights conference call, details of which can be found below.

The conditions on the chart are somewhat favorable, though we would like to see momentum and volume continue to pick up. We like the way the RSI is heading North, both the MACD and the Slow STO recently crossed over and are showing divergence at this time.

Included in the recent developments was the acquisition of Total Exteriors Corporation, a solar and renewable energy construction company.

In addition, CEO Don Wood will conduct a webinar tonight, May 2, 2013 at 7:00 p.m. EDT. The company will discuss current projects, acquisitions, growth strategy, and more.To participate, register at the following address: https://www1.gotowebinar.com/register/407072665 You will then be able to listen on your computer, or call: (470) 200-0305 Access Code: 857-011-329 Webinar ID: 407-072-665.

Extended Watchlist:
CAAS, DCTH, NIHD, STAA