Blue Horseshoe Stocks: BAC Options Recap & More

Bank of America Corp. BAC – Fresh Options Idea

We went bullish on BAC yesterday, confident that a rebound after Brexit-related losses could propel a set of options contracts to some sizable intraday gains. We were right on in our assessment, and after both an early morning rip, followed by a pullback and run-up into the close, were presented with multiple quick-strike opportunities.

Each of the two sets of calls we signaled, the BAC Weekly $12.50 and $13 Calls, ultimately provided us with two solid chances each:

$12.50 Calls – 1st Run: .22-.32 (+45%) – 2nd Run: .20-.37 (+85%)
$13 Calls – 1st Run: .08-11 (+37%) – 2nd Run: .05-.12 (+140%)

BAC is gapping up once again [currently trading in the 12.90-range] in the premarket, so it would appear our observed contracts are in line for a chance at another productive session. To reiterate our statement from yesterday’s report,  if BAC looks as if it will breach the 13.50-mark, we’ll be looking to roll up our strike price to that level.


Petroleo Brasiliero S.A. (Petrobras) PBR – Options Recap

We recently signaled some longer-term calls in the PBR options chain, and just wanted to take an opportunity to update our readers on the potential gains that have been made possible there.

This past Friday, we signaled the PBR 07/15 $6.50 and $7 Calls  and have been pleased with the subsequent activity. Monday’s dip provided an excellent buy opportunity as the $6.50’s traded as low as .30 and the $7’s traded as low as .15. Yesterday, we observed the $6.50’s close at .50, and the $7’s close at .27. That worked out to intraweek gain opportunities of 66% and 80%, respectively.

We’ll want to keep these on our radar, with two weeks yet remaining until their expiration date.


Fresh Options Ideas:

We’re already options-heavy this morning, so we figured why not formulate a couple more ideas to add to our pool of interests:

The Markets are gapping up big again today, and if today’s activity is at all like yesterday’s dip-and-rip scenario, we will want to pay close attention to the SPY Weekly $204-206 Calls. We’ll also be tracking the NKE Weekly $52-54 Calls on the heels of Nike’s post-market earnings beat yesterday.


Extended Watchlist:
USLV, TEF, ORIG, WTW, CPST, WATT

Blue Horseshoe Stocks: VGZ, NEWC Reviews & More

Vista Gold Corp. VGZ – Recap

We entered VGZ into the mix in Friday morning’s premarket report after it became clear that it would be a troubling session for currencies in the wake of the Brexit vote. It was among a list of gold-related stocks that we wanted to track, and VGZ has set itself apart from the bunch.

From our observed low of 1.35 from Friday, yesterday’s high of 2.09 represented a respectable session-over-session upswing of 55%, so congratulations to anyone who took a piece of the pie during a time when big gainers have been relatively difficult to come by.

With the markets appearing to be gearing up for a rebound today, we’ll want to keep an eye out for a gap-down and consolidation from VGZ. We’ll only remain interested if it maintains support above its recent swing high around 1.50.


New Columbia Resources, Inc. NEWC

We also need to update folks on our NEWC reminder from yesterday’s report. It was a combination momentum/news play and the stock continued to set new highs.

From a low of .0179 it ran 35% intraday to .0241 on reasonably high volume to the tune of three times the monthly average. The company put out another PR today, and will hold our attention as long as it continues to exhibit momentum-play characteristics.

** Please Note: While we were the first to bring NEWC to our readers’ attention, we have noticed an active promotion on the stock, and would like to make it perfectly clear that we are not a part of that campaign, and have not been compensated in any way for mentioning NEWC. **


Fibrocell Science, Inc. FCSC

This is a stock that we haven’t crossed paths with in more than a year, but we noticed the beginnings of a nice rebound off of recent relative lows, and wanted to tag it for observation.

It has a ripe looking chart, and there is still a good sized gap that remains to be filled. We’ll have this play on our radar for that possibility moving forward.


Adaptive Medias, Inc. ADTM

We most recently alerted this one as a bottom play in our watchlist on Tuesday June 14th, and subsequent to that, the stock was trading as low as .0015. Yesterday ADTM broke out off its bottom, catching some nice momentum running as high as .0033, for a move of 120% in just two weeks’ time!


Bank of America Corp. BAC – Fresh Options Idea

BAC is among those stocks that took a Brexit-based pounding in recent sessions, and it appears to want to rebound a bit today. As long as this market reversal doesn’t turn out to be a head-fake, we’re going to want to pay attention to a couple set of contracts in the BAC options chain. Our possible strike points will be the BAC Weekly $12.50 and $13 Calls. If it can surpass the 13.50 mark, we’ll look to roll up our strike price a level or two.


Extended Watchlist:
DTII, OWCP, TWLO, FCX, WTW

Blue Horseshoe Stocks: Bottom-Watch Plays, Options Ideas & More

Recent Winner Roundup

We’ll kick things off this morning by highlighting a few of our recently tracked plays that came by solid moves to the upside start the week off yesterday. In each case, we’ll be on the lookout for possible continued momentum on the heels of yesterday’s strong showings.

USA Restaurant Funding, Inc. USAR

We were following USAR beginning on Wednesday of last week, and would observe a low of .0067 on that day. It has been off to the races in the four sessions since, as USAR streaked to a high of .0148 during yesterday’s session. That’s a hefty rise of 121%

SpectraSCIENCE, Inc. SCIE

SCIE was another of our interests from last Wednesday’s report, and it too has performed superbly in ensuing sessions. The total gain on this stock has also gone into double-bagger territory as it rose from Wednesday’s low of .001 to a new high of .0021 yesterday; a 110% jump.

Service Team, Inc. SVTE

In the case of SVTE,  we followed this play over a huge two-session rip on (February 9-10th) as the PPS shot from .0039 to .0188. (+382%). We then observed a consolidation that eventually resulted in a low of .0049 on Friday. Yesterday’s high came in at .011: a two-session swing of 124%


Blue Earth, Inc. BBLU – Bottom Watch Play

We’re quite intrigued by the massive selloff undergone by BBLU between Friday and Monday without so much as a fluff PR, or negative filing to explain the dramatic losses. The stock is now trading at all-time lows, and as our regular readers are surely aware, this is exactly the type of situation for which we’re constantly scanning.

We’ll go ahead and reserve a slot on our radar screens for BBLU with an extended bottom-watch designation. It’s far better to show up to the party early and be ready to strike immediately upon the slightest hint of a rebound, than to wait until it has occurred, and more opportunistic traders have already reaped most of the rewards.


Bonus: Options Ideas

Finally, we’ve got some longer-term options ideas relating to stocks we’ve been very familiar with in the past, that are now beginning to show signs of recovery off of recent bottoms. We’re going to signal  PBR 04/01 $4 Calls and WTW 04/01 $13 Calls  and keep them on a close watch in sessions to come.


Extended Watchlist:
BHGI, BLSP, ICNV, NHMD

Blue Horseshoe Wishes You a Happy New Year!

View Systems, Inc. VSYM

We tagged VSYM in yesterday morning’s premarket report and despite an early dip to a low of .0014, the stock made a heck of a bounce in the latter portions of the day.

VSYM ran into the closing bell and ended just a tick below its high-of-day at .0028. It marked an intraday pop of exactly 100% and the move occurred on healthy volume to the tune of just over 2.5X the monthly average.


Chimerix, Inc. CMRX

CMRX grabbed our attention on Monday as we were noticing the massive 75% premarket selloff that was occurring. Failed clinical trials can be damning for a stock, but we felt as if the move was too reactionary and placed it on rebound watch.

Our exact words from Monday’s morning report were: “Knee-jerk selloffs of this magnitude don’t come along every day, but when they have in the past, we’ve almost always seen some measure of a recovery.”

The trading action that has followed certainly validated our assumption about CMRX. The stock has managed to record higher lows every day this week, as it has trended from Monday’s daily low of 6.43 to yesterday’s high of 8.56; a three-day swing amounting to 33%

That figure was extended to 43% as of this morning’s premarket high of 9.19. Based on the activity we’ve tracked to this point, it’s likely that we’ll continue our observation of CMRX into the new year.


Weight Watchers International, Inc. WTW

We’ve made ourselves familiar with WTW ever since the news of Oprah’s involvement with the company hit the wires this fall. We had tremendous success with WTW options at that time, and the stock itself appeared on our premarket watchlist yesterday.

It was a great time re-enter it into the mix as WTW ran from 20.63 to 24.22, marking a 17% move to the upside. We’d consider that quite an impressive single-session advance for $20+ stock.

We also drew attention to the WTW $22 Calls in our live trader’s chat (which are currently free and open to all of our readers*) and those went on to make a stellar performance, running from .40-2.15 (+437%) subsequent to our signal.

*Send a Skype contact request to ‘stocksumo’ to participate in our daily trader’s chats.


Extended Watchlist:
WRFX, BBRD, ZNTR, TPAC, CANV, APPG

Blue Horseshoe Stocks: Winning Pick Roundup


Winning Pick Roundup

Despite the traditional holiday tax-loss selling season and generally subdued atmosphere that inherently goes along with it, we’ve managed to round up a fair queue of winning selections. We’ve touched on options plays, ETNs, and stocks; surprisingly it is the stocks that are making moves during this short trading week. Take a look at the plays we’ve been tracking and the kinds of moves they’ve made for us.

FXCM, Inc. FXCM

As we were mentioning in yesterday’s premarket report, we began following FXCM two weeks ago and subsequent to that, would witness a low of 6.68 in the stock. Even after showing us a 196% pop, it wasn’t finished yet.

Yesterday the stock made an appreciable intraday move from 16.80 to 20.36, which represents a 21% jump; quite impressive for a stock in such a price range.

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Swift Energy Co. SFYW

We placed SFYW on watch a week ago today, and it too has made some notable leaps during that time. From the low we observed on the day we began to track it (.065), it has managed to soar 82% to a high of .118 during yesterday’s session.

We’ll remain interested for as long as the stock continues to establish higher base levels of support moving forward.

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Hybrid Coating Technology, Inc. HCTI

HCTI made an appearance in yesterday’s premarket extended watchlist and anyone who was paying attention had a chance to bank a nice profit on the day.

From a low of .0015 the stock rushed to a daily high of .0021, which works out to an intraday spike of 40% It also closed at the high-of-day, and whenever we see that, we’ll always reserve a space on our watchlist the following day for the possibility of what we refer to as momentum carryover.

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Sunshine Biopharma, Inc. SBFM

SBFM was the other play from our extended watchlist yesterday that ended up turning some heads in the early part of the day. From morning lows of .008, the stock cracked into Pennyland, reaching a high of .0183 by lunchtime. That registered as a 129% intraday swing so congrats to anyone who was in on the action!


Extended Watchlist:
WTW, BVAP, ACTL, VSYM, GRNH

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