Blue Horseshoe Stocks: Winning Options Calls & More

Options Updates

Abercrombie & Fitch Co. ANF

We had very good fortune with most of the ANF options contracts we signaled in yesterday morning’s premarket report following an earnings beat. We were after intraday trade possibilities in the ANF Weekly $29-32 Calls, and with the exception of the $32’s which weren’t pushed into the money, gains of over 200% were available across the board.

$29 Calls – Trading Range: .50-1.51  – Max Gain: 202%
$29.50 Calls – Trading Range: .29-1.10 – Max Gain: 279%
$30 Calls – Trading Range: .19-.75 – Max Gain: 295%
$30.50 Calls – Trading Range:  .13-.53 – Max Gain: 308%
$31 Calls – Trading Range: .07-.34 – Max Gain: 386%
$31.50 Calls – Trading Range: .05-.16 – Max Gain: 220%
$32 Calls – Trading Range: .05-.11 – Max Gain: 120%

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Petroleo Brasiliero S.A. (Petrobras) PBR

We also want to give a quick update on another extended-term idea we had recently. On Tuesday, we submitted PBR 04/01 $4 Calls for observation, and those have made a run from .13-.25 (+92%) as PBR has traded up from 3.55 to 4.13.

We expect the figures on those gains to keep rising today as PBR has advanced as high as 4.39 thus far in the premarket. We’ll be sure to stay on the trail of those contracts, with nearly a month left on the contracts before expiration. We’ll also keep an eye on the $4 and 4.50 Weekly Calls. Of course, we’ll look to roll our strike prices up if the situation dictates.



Aeterna Zentaris, Inc. AEZS

AEZS is a familiar play that we’d like to touch base with again this morning after noticing some interesting chart activity. The stock broke its 50DMA during yesterday’s trading session and is presently trending up in the premarket, testing resistance in the $4-area. The next area of resistance comes in at 5.18, where a gap on the chart begins, and extends up to the 6.50 level.

We’ve prepared a snapshot below which outlines the highlights of the current AEZS chart.



EffTec International, Inc. EFFI

EFFI is another recent mention we’d like to update our readers on this morning. After signaling EFFI in our watchlist on Friday, the stock has gone on to make a solid move. We observed a low of .0024 followed by a high of .0049, which works out to a 104% swing.



Extended Watchlist:
AWGI, DEAC, NUUU, NWPN, TALK, USAR, FLST, EGYF

Blue Horseshoe Stocks: Bottom-Play, Momentum Mover & More

Horsehead Holding Corp. ZINC

The first thing that jumped out at us during this morning’s routine scans was a stock we’d classify as a prime bottom-play opportunity.

Additionally, the company itself deals in sourcing zinc from recycled materials, so there’s the added variable of zinc prices being on the rise in recent weeks, to the tune of nearly a ten-cent swing.

As for the ZINC chart itself, we’ve highlighted below the various aspects that we find attractive for the stock’s short-term recovery prospects. It has been bouncing off of its annual lows, and is currently giving a strong impression of being oversold. We’ll be very interested to track the stock’s progress in coming sessions.



Ascent Solar Technologies, Inc. ASTI

ASTI is soaring in the premarket on the strength of an impressive Q4 earnings release, which demonstrated a 90% quarter-over-quarter increase in revenue.

We’re going to place the stock on watch for the possibility of an early dip caused by profit-takers, followed by a subsequent bounce.

We’ve had tremendous good fortune with this stock in the past, with our most recent call coming in September when we followed it from the .10-range all the way up to .30.


HydroPhi Technologies Group, Inc. HPTG

We also want to radar HPTG this morning, a familiar stock that we most recently discussed in December. It has strung together a few solid sessions, and is in the midst of forming a golden cross of the 50DMA over the 200DMA on the chart.

We’ll want to keep an eye peeled for the possibility of an extended uptrend here, where there is an established record of volatile swing activity.


Extended Watchlist:
TALK, VPRO, GNBT, SMPR, HOLL

Blue Horseshoe Stocks: Potential Momentum Plays & More


Skystar Bio Pharmaceutical Company SKBI

SKBI is new to us, and it caught our eye as one we’re going to need to watch over coming sessions. It has recently been trending up on light volume, and we like the setup of the chart; as you can see below there are a number of tech indicators pointing to the possibility of further gains. We’ve got a rapidly strengthening RSI rushing toward the 50-line, along with a recent MACD cross showing sharp upward divergence.

We’re going to want to see SKBI hold the low .60’s range as support going forward to maintain our confidence in its ability to keep stringing together more positive sessions.


Coastal Integrated Services, Inc. COLV

COLV was included in yesterday morning’s extended watchlist as an item of interest, and it did perform well enough for us to leave it on our radar to watch for a possible continuation of momentum.

The stock traded in a range from .0011 to .0015 for a modest 36% intraday burst, and it came in on slightly higher than average volume. In order to hold our attention, COLV needs to continue to establish higher base levels of support so to start with we’ll be looking for it to maintain above yesterday’s .001 swing-low.


Penn Virginia Corp. PVAH

We mentioned PVAH in yesterday’s daily report, and the stock posted a decent intraday performance even despite having been recently delisted from the NYSE and relegated to trading on the OTC.

From an early low of .058 the stock managed a healthy 46% pop, running as high as .0848 on the day. Like the aforementioned play, we want to see PVAH trade no lower than yesterday’s low to keep our interest piqued into next week.


Extended Watchlist:
TALK, BTFL,MCOA, GDPM(coming off lows), SIRG(momentum play)

Blue Horseshoe Stocks: Options Updates, BLTA Recap & More

Shire plc SHPG – Options Update

Yesterday morning, we focused in upon a range of options contracts in the SHPG chain, and the headliner from that group turned out to be the SHPG Weekly $180 Calls. The stock itself made a run from around midday into the close and exceeded the $180-mark, facilitating a double-bag intraday move out of those contracts.

The $180’s soared from a low of 1.76, running as high as 4.26 for a highly respectable single-session pop of  142% 

SHPG is gapping up in the premarket this morning, so we’re going to let it remain a point of focus for us today. We’ll be on the lookout for the possibility of another dip-and-rip formation, and as the situation may dictate, roll up our strike price to the $185-level.


 Baltia Airlines, Inc. BLTA

BLTA was an item from yesterday morning’s premarket watchlist, and despite getting off to a slow start, the stock actually made a solid intraday move that offered up the chance at appreciable gains.

We observed the stock’s daily low come in at .0017 before seeing a bounce take it to .0027, which amounted to a solid 59% swing. As you can see from the following chart snapshot, there are a number of indicators which suggest some upside potential still remains. We’ll want BLTA to maintain support in the highlighted channel in order to hold our attention.


Fresh Options Idea – Wells Fargo & Company

WFC has put together a couple of solid sessions this week to rebound off of a recent relative bottom, and appears to be setting up for another one today as it gaps up in the premarket.

Not only has it just received an analyst upgrade, but the company will report Q4 earnings on Friday morning prior to the opening bell. We’ll look to take advantage of the wave of anticipation and possibly see some nice activity in the WFC 02/12 $52-54 Calls.


Extended Watchlist:
TRTC, TPAC, AHIX, TALK, AWGI, MAXD

Blue Horseshoe Stocks: SBFM Update, Options Idea & More

Sunshine Biopharma, Inc. SBFM

We initially tagged SBFM for observation four sessions back (exactly one week ago) after noticing abnormal activity the day prior, and were immediately met with a big run from .008-.0183 (129%) that first day. In each of the sessions since the stock has recorded higher lows and to open up 2016 trading yesterday the stock jumped to impressive new highs.

From a daily low of .013 SBFM made a nice intraday move totaling 65% as pushed its upper limits to a .0214 on heavy volume.  That represented an overall swing in the three sessions since we’ve  been tracking it to a highly respectable 168%

The overall uptrend kicked off with the revelation that the company had acquired all of the worldwide patents for its “anticancer compound”, Adva-27a >>>VIEW PR


Breathe eCig Corp. BVAP

BVAP was an item of interest in our report from last Wednesday, and it took only three sessions to realize the big move we suspected might be in store. The company has been consistently retiring its convertible debt in tranches over the past several months, and a deal that will allow for full repayment was the subject of an announcement that hit wires yesterday. (VIEW PR)

That news helped to push the stock to a new high of .0039, which from our observed low of .0015 on the day of our initial alert, goes down in the books as a three-day swing of 160%


Smith & Wesson Holding Corp. SWHC – Options Idea

SWHC caught our eye in the premarket this morning and struck us as a possible opportunity to see some big intraweek swings in some options calls. As the Obama administration presses for heightened restrictions on firearms, gun manufacturers are reporting exceptionally increased demand.

Add in yesterday’s post-market earnings which reflected bolstered sales and 2016 guidance, and we have a potential recipe for continued bullishness.

As a result, we want to put a range of options on our radars; specifically the SWHC Weekly $24-26 Calls. We’ll be in the lookout for a possible dip-and-rip scenario to kick things off, and will remain interested as long as the dip carries the stock no lower than $24.


Extended Watchlist:
AHIX, TALK, SPCL, HCTI

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