TERP Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: DIS, TRXC Recaps & More

TransEnterix, Inc. TRXC

We made a good catch when we included TRXC in yesterday morning’s premarket report, after it was reported that the company’s robotic surgery device got the regulatory approval it needed.

The result was a very nice run from a low of 2.15 to 3.05, the highest PPS the stock has seen since the spring of 2016. That works out to an intraday push of 42% and this morning TRXC is edging even higher in before-hours trading, so we’ll want to continue to keep an eye on it moving forward.

Walt Disney Co. DIS

We highlighted some options ideas for Disney yesterday morning, after noticing that it had a nice bottom setup on the chart, trading near its ten-month lows.

For a near-term idea we signaled the DIS Weekly $96-98 Calls and among those five contracts, three produced opportunities for solid single-session gains.

$97 Calls – Range: 1.15-1.57 – Max Gain: 37%
$97.50 Calls – Range: .81-1.22 – Max Gain: 51%.
$98 Calls – Range: .49-.89 – Max Gain: 82%

We also noticed that the $98.50s had the highest open interest, so we will want to roll up our observed range a little and keep an eye on those for the remainder of the week.

Netflix, Inc. NFLX

We also want to put a few options contracts in the NFLX chain on watch. The stock has been in a general uptrend for nearly all of 2017, with the exception of one month between late July and late August. Currently the stock is approaching extreme overbought levels on the strength index just as it was prior to that downturn.

On the flip side, boosted guidance and a strong earnings call this morning could make things interesting. Due to these opposing factors, we’re going to want to watch some contracts on both sides of the fence, depending on NFLX’s behavior once regular market hours kick in.

If the stock can’t get above $207.50, we’re going to zero in on the NFLX Weekly $207.50 and $205 Puts. Conversely, if it holds above $200 on any pullbacks, we’ll focus on the Weekly $200-205 Calls.

Extended Watchlist:
GSAT, MYSZ, NETE, TERP, SYNT, VYGR, NEOT, CLRB

Blue Horseshoe Stocks: RAS Update, Options & More

RAIT Financial Trust RAS

RAS was a point of focus in yesterday’s premarket report. We highlighted it as a stock that had been hammered back for the better part of the past two months, which was long overdue for a rebound.

Timing just doesn’t get any better, with RAS having just registered a brand new 52-week low in the previous session, the reversal we were after occurred as the stock traded in a daily range from a low of 2.30 on up to 2.57. While only a modest 12% increase, we’ll be very interested to continue monitoring RAS in impending sessions. The stock closed just a few pennies below the HOD on roughly 4.5X the 3-month average volume.

We’ll look for RAS to keep logging higher lows and establish a sustained recovery, and remember, there’s a gap on the chart beginning at around 3.15, the filling of which would put the price back at $4.

New Options Idea – The Walt Disney Co. DIS

There’s an unusual amount of excitement surrounding Disney this week, with Star Wars: The Force Awakens, the seventh movie in the Star Wars franchise set to hit theaters on Friday.

Add in the recent revelation that Alibaba (BABA) has teamed up with the company to distribute Disney films in China through a new device called DisneyLife, and we’re very interested in the potential activity these events could fuel in the DIS options chain.

As a result, we want to track contracts in the range of Weekly DIS $112-116 Calls for quick-strike chances, to try and take advantage of the current excitement. The stock is gapping up significantly in the premarket, so we’ll be on the lookout for an early dip-and-rip.

Extended Watchlist:
MCUR, MBLX, NGL, TERP, SUNE, AMBS, WEST, USAR

Blue Horseshoe Stocks: TERP Review & More

TerraForm Power, Inc. TERP

TERP was the stock from yesterday’s track list to really catch our attention with a strong intraday performance. The daily low of 8.07 came within the first ten minutes of trading and we’d see a run to 9.89; a 23% pop.

We’d characterize that as a solid single-session gain for a stock in this price range. It maintained the majority of its daily advance, and did so on roughly eight times its 3-month average volume.

The whole event was apparently caused by a surge in investor interest based on the comments of high-profile hedge fund manager David Tepper as well as an analyst upgrade. There’s also been a recent influx on attention for the energy sector as a whole. It will be very interesting to see how the stock forges ahead, especially when this morning’s PR (Link to PR) is added to the equation.

Monarch America, Inc. BTFL

We’ve also taken notice as a stock we tagged for tracking last Monday has built up a good head of steam and gone on a nice two-day run this week. BTFL saw a low of .0021 on Monday, and yesterday reached a high of .0094 which marks a swing of 348% for this subpenny mover.

We’ll stay on its trail just as long as it continues to build a higher base level of support going forward.

Energy Finders, Inc. EGYF

EGYF is another play we put on our radars early last week that has produced some exciting swing action in recent sessions. When we first put it on our watchlist it was as low as .0055, and subsequently ran to .0082 the following day (+49%).

That was followed by a dip to .004 on Monday morning, before it broke to a high of .0087 yesterday (+117%). We’ll want to continue to keep an eye on it, considering the fact that it has broken prior resistance on its way to new highs.

Fresh Options Idea – Yahoo, Inc. YHOO

We’re going to signal a range of options contracts that we find attractive this morning as well. YHOO is gapping up in the premarket, so we’re going to be on the lookout for activity in the Weekly $34-35.50 Calls.

Extended Watchlist:
MCOA, LEXG, VTCQ, TTCM,

Blue Horseshoe Stocks: PLKD Recap, Options Idea & More

Pleasant Kids, Inc. PLKD

PLKD was far and away the best among all of the stocks we talked about in yesterday’s premarket report. We’d mentioned the fact that the stock had been on a very steady run-up since our first alert came roughly six weeks prior, on October 13th. Up until yesterday, the total observed move we witnessed in PLKD was an impressive 380% swing from .0581- .279.

Despite being up so high already we pointed out the bullishness of various aspects of the chart, specifically stating that we believed further gains were possible. Our hunch proved accurate, and once again PLKD made another nice move to the upside! From its daily low of .295 the stock pressed upward to reach .375; a healthy 27% intraday increase. That stretched our overall range to a monstrous 545% in a span of just six weeks!

MarkWest Energy Partners, L.P. MWE – Options Idea

MWE caught our eye yesterday morning after we noticed that the stock had not only strung together multiple sessions of higher highs and higher lows, but it had breached its 50DMA during Friday’s short session. Continued bullish signals were confirmed yesterday with another solid session that carried MWE to a high of 48.21.

We’ve had enough of simply watching from the sidelines, so we thought we’d formulate an idea to take advantage of the trend using the MWE options chain. Instead of one of our characteristic weekly expiration targets, which the MWE chain does not provide, we’re going to stretch things out a bit to the MWE 12/18 $50 Calls. This gives us an extra couple of weeks to work with and increases the likelihood of seeing some substantial moves if the stock is sluggish in testing the $50-mark.

SpectraSCIENCE, Inc. SCIE

SCIE is a play that we tagged for observation last week, and we wanted to take an opportunity this morning to update readers on the solid performance the stock has put forth.

Yesterday’s session produced chances at up to 94% in profits as SCIE ran from .0018 to .0035. Subsequent to our mention of SCIE just prior to the holiday break last week we saw a low .0013, which balloons the total move we’ve seen out of this stock in just a week to a highly respectable 169%

Extended Watchlist:
VRSZ, EGYF, GTHP, KWBT, TERP, AEZS

Blue Horseshoe Stocks: Reviewing Friday’s Big Winners & More

Friday’s Big Winners

We enjoyed a spectacular session on Friday, with quite a few of the stocks we flagged in our premarket report posting impressive intraday gains.

Cabo Verde Capital, Inc. CAPV

Chief among the big movers we were tracking was CAPV, which made an epic run from subpenny territory well into pennyland on more than 25-times its average monthly volume.

The stock broke out from an early low of .006 to touch .028, a hearty 324% swing. CAPV also managed to maintain more than 50% of its daily advance, and coupled with the level of volume we’ve witnessed, we’ll need to keep a spot on our radar screens reserved for this play for the possibility of a momentum carryover.

_____

Cardinal Resources, Inc. CDNL

Speaking of momentum movers, we began tracking CDNL closely starting with our morning report on Tuesday, after which time we observed a low of .0057. Subsequent to that, the stock has pressed higher in each of the ensuing four sessions leading up to a massive new high on Friday.

From a daily low of .015 it surged to a high of .0245, marking a 63% intraday rip, and an overall swing of 330% above our observed low on Tuesday. CDNL also closed with strength at .023 and thus will remain on our watchlist for the time being.

_____

Brownie’s Marine Group, Inc. BWMG

Additionally, we included BWMG on Friday’s Extended Watchlist, and were rewarded with a heck of a daily swing from this subpenny stock.

It traded in a range from .0034, and ran into the close to end the session at its high-of-day of .0075. That presented traders with the chance to bag up to 120% profit.

Home Depot, Inc. HD – Options Recap

Now, we’ll take an opportunity to review Friday’s action in a couple of options ideas that we identified on Wednesday as being high-potential, provided HD could continue its bullish push. The Weekly $127 and $128 Calls were our proposed targets, and the nice move HD itself made on Friday facilitated some huge chances for gain in our targeted contracts.

The $127 Calls ran from .65-2.88 for a nice 343% jump, which actually paled in comparison to the $128’s. Those exploded from .08 to 1.99- good for a mind-numbing 2387% single-session run!

We’ve actually had higher one-day percentage gains from a few other options ideas we’ve formulated this year, but this will certainly go down in the books as one of the biggest.

TerraForm Power, Inc. TERP

We also took notice of TERP after it had a big late-day run on Friday, followed by some after-hours Form-4 filings. We’re going to signal this one as a potential extended-term recovery play. We’ll need to see it continue to establish higher levels of support off of the new 52-week lows it registered on Thursday.

Extended Watchlist:
BTFL, ELED, SCIE, VAPE