XOMA | Blue Horseshoe Stocks

Blue Horseshoe Stocks: ANF Review & More

Abercrombie & Fitch Co. ANF

We’ve been going heavy on the options front all week, and one of the fresh ideas we came up with for our premarket report yesterday morning, were the ANF Weekly $10 & $11 Calls.

Despite posted losses on their earnings report, they still beat the expectation, and the move the stock made facilitated some pretty nice gains in our highlighted contracts. The $10 Calls traded in a range from .60 up to 1.48 for a 146% rip, while the $11 Calls ran hard from .11 to .53, marking a stellar move of 382%

We’re seeing another premarket push this morning, so we’ll definitely want to continue to track the activity* here as we close out another trading week.

* We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every single time. Trading weekly options at the end of the week is an exceedingly risky proposition that should never be attempted by beginning or novice traders!

MoSys, Inc. MOSY

We included a mention of MOSY in yesterday morning premarket report, and while it didn’t necessarily produce a blockbuster run, its intraday performance was respectable.

We saw the stock trade up from an early low of 1.06 and reach 1.35, which comes out to a modest 27% rise. It did so on volume to the tune of more than 14X the monthly average.

Extended Watchlist:
RTNB, KMDA, DMTX, XOMA, GPRO, CDNA, BSTG

Blue Horseshoe Stocks: NEWC Executive Interview & More

New Colombia Resources, Inc. NEWC On Monday of last week, we offered up a special report highlighting the business of NEWC, a company with its hands in both the mining and cannabis sectors. If you missed out on that report, we’d suggest you check it out now: NEWC Special Report.

Today, we’re going a step further, with an exclusive executive interview video that we’d like to present. Our interview outlet, Stock Traders Talk is back this morning after having conducted a talk with New Colombia President John Campo about the various facets of his business. It gives our readers a chance to get the skinny on NEWC straight from the horse’s mouth, so to speak, so don’t miss out!

We also took a minute to prepare a snapshot of the current NEWC chart:

BioNovelus, Inc. ONOV

Beginning in April and up until our most recent mention of the stock last month, we tracked ONOV to exponential gains which took it from .006 to .15; a 2400% increase!

This week, the stock has been ramping up to incredible new highs yet again, logging three consecutive sessions of higher highs and higher lows that have taken it up to .43. That works out to a 187% jump from our observed low last month, and a mind-melting 7067% over our all-time low from this spring.

Anything from this point on would be icing on the cake, but we’ll want to see the stock maintain support off of a recent swing high at .185 to remain interested.

Netflix, Inc. NFLX – Options Idea

Yesterday we signaled the NFLX Weekly $88-85.50 Puts after a poorly received earnings report from the prior day was causing the stock to backslide in the premarket.

Our hunch to stick with a bearish sentiment payed instant dividends, with every single contract contained in our observed range making notable intraday increases:

$88 Puts – Range: 2.50-4.00 – Max Gain: 71%
$87.50 Puts – Range: 2.24-3.69 – Max Gain: 64%
$87 Puts – Range: .85-3.23 – Max Gain: 292%
$86.50 Puts – Range: .74-2.90 – Max Gain: 280%
$86 Puts – Range: 1.56-2.56 – Max Gain: 65%
$85.50 Puts – Range: 1.35-2.30 – Max Gain: 60%

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Fresh Idea:

MSFT beat on earnings this morning, so we’re going to want to keep an eye on the MSFT Weekly $54.50-56.50 Calls.

Extended Watchlist:
BAS, BGI, EHSK, KGKG, OPTT, TTNP, XOMA,

Blue Horseshoe Stocks: PLKD Update & More

Pleasant Kids, Inc. PLKD

PLKD has been a subject of discussion for us over the course of this month. Within the past couple of weeks we’ve tracked it as it went on a run from .06-.14, a 133% swing in a matter of five sessions. Following that, the stock pulled back to find support at .08, and subsequently rebounded back to .11 yesterday. That’s an added spike of 37% and our signal to continue monitoring PLKD’s progress moving forward.

In addition to providing action on the chart sufficient to net sizable gains for smart traders, PLKD has had a number of positive press releases come down the line recently. This includes an acquisition agreement set to take effect at the end of November, and a recent share reduction of significant magnitude.

As usual, we’ll look to see the stock continue to register higher lows as it has over the past three sessions. We’ve also pointed to a few bullish indicators on the chart that suggest near-term upside potential:

Options Update

We saw a modest move out of the gate from AAPL yesterday, which led the AAPL Weekly $114-116 Calls we were tracking to provide the chance to profit on the early dip-and-rip as we suspected.

The company’s post-market earnings report beat expectations, and as a result, AAPL is gapping up significantly in premarket trading today. This could facilitate further intraday surges in the contracts we specified, so we’ll remain hot on their trail as we head through midweek.

Extended Watchlist:
DNRG, HPTG, LATX, NRTI, WEST, XOMA,