Blue Horseshoe Stocks: The Week’s Top Winners

The Week’s Top Winners

Cisco Systems, Inc. CSCO – Among our fresh options ideas that we provided readers in yesterday’s premarket report, was a range of calls in the CSCO chain after the company issued much better Q1 figures than were expected.

Our targets were the CSCO Weekly $45-50-47.50 Calls and not only did they all produce instant opportunities for single-session profits, but those gains ended up being absolutely huge multi-bag intraday runs:

$45.50 Calls – Range: .40-1.33 – Max Gain: 232%
$46 Calls – Range: .20-.91 - Max Gain: 355%
$46.50 Calls – Range: .10-.54 – Max Gain: 440%
$47 Calls – Range: .03-.30 - Max Gain: 900%
$47.50 Calls – Range: .03-.11 – Max Gain: 266%
_____

We also had signled the Amarin Corp AMRN Weekly $15.50-17 Calls  and those too produced multi-bag rips across the board:

$15.50 Calls – Range: 1.22-3.90 – Max Gain: 220%
$16 Calls – Range: 1.00-3.00 - Max Gain: 200%
$16.50 Calls – Range: .69-2.90 – Max Gain: 320%
$17 Calls – Range: .52-2.00 - Max Gain: 285%

Today, we’ll look to potentially roll up our strike prices on AMRN to the Weekly $17 & $18 Calls*.

Bonus Idea:
PCG Weekly $24-26.50 Calls*

*NEVER trade weekly options on a Friday unless you are expert-level trader with disposable funds


Extended Watchlist:
NE, EOX, FPAY, ZAYO, AEZS, GSL, OGEN, SDRL

Blue Horseshoe Stocks: WMT, CSCO & More

 Options Ideas

We’re sticking with options as we head into the end of what has been quite a difficult week for stocks in general. All things considered, we still feel it’s the most probable way of coming by short term gain opportunities, even amid less-than-ideal conditions.

Walmart, Inc. WMT – Walmart reported its Q3 earnings this morning, and looks like our top target for the day as a result. Heightened sales, both brick and mortar and via Walmart.com, was the name of the game, as the company jacked up guidance on profits for the 2019 full year.

These developments are definitely moving the needle this morning, so we’re going to want to track the WMT Weekly $101-104 Calls.
_____

Cisco Systems, Inc. CSCO – In its own Q1 report in the post-market yesterday, we have an untraded-upon earnings and revenue beat for CSCO, so we’re also going to formulate an idea here.

In conjunction with a solid multiple bottom formation on the chart, the present conditions may favor our chances for a quick strike trade on the CSCO Weekly $45-50-47.50 Calls.
_____

Bonus Idea:

AMRN Weekly $15.50-17 Calls


Extended Watchlist:
TROV, PRPO, NAKD, GTE, WUBA, NBEV, EARS, VIPS

Blue Horseshoe Stocks: Big Options Winners

Successful Options Ideas

We formulated some quick-strike, post-earnings options ideas for Home Depot and Advanced Auto Parts in yesterday morning ‘s premarket report. Even with shaky market performance like we’ve seen this week, a good earnings play can go a long way, and we proved it yet again.

Both ideas we submitted produced instant results, with the HD contracts we signaled providing the biggest potential profit by far. Those gains were as follows:

Home Depot, Inc. HD Weekly $180 Calls
Range:
.40-3.00 -  Max Gain: 650%

AAP Weekly $170 & $175 Calls
$170′s Range: 9.89-14.83 -  Max Gain: 50%
$175′s Range: 5.80-9.90 -  Max Gain: 71%


More Fresh Options Ideas

We’ll keep the post-earnings options train rolling with another pair of ideas this morning. Especially during times of high market uncertainty, earnings related options plays are our go-to targets.

Canada Goose Holdings, Inc. GOOS Weekly $66-69 Calls
Macy’s Inc. M 12/07 $37 & 37.50 Calls

Bonus Idea:
We’ll also signal some SPY calls that will be in play provided it holds above $270 upon the open. In that event, we’ll be looking at the SPY Weekly $272-274 Calls.


Extended Watchlist:
YGYI, DNR, SHIP, OHGI, PETQ, DSS, HMNY, LMFA, BPMC(Multi-Bottom)

Blue Horseshoe Stocks: APTI Recap & More

Apptio, Inc. APTI – Review

Despite a lousy day for the markets as a whole, yesterday brought a very interesting development in APTI, in the form of an enormous gap-up. We signaled APTI as a bottom-play in our premarket report on the first of this month, after the stock had begun to rebound following a dip to new annual lows a couple of days earlier. At the time the stock traded for as little as 24.48 a share.

We included it in yesterdays report as well, and the new high after that incredible gap-up came in at 37.80. That marks an upswing of 54% in just under two weeks, made even more impressive by the fact that the markets tanked on the day. The rapid hike was due to Sunday’s revelation that the company would be sold in an all cash deal equal to $38/share.


Fresh Options Ideas

We scan the earnings calendar each morning to ID earnings plays with the biggest potential, and today we have a pair of big name releases for which we will formulate some quick strike ideas:

HD Weekly $180 Calls
AAP Weekly $170 & $175 Calls


Extended Watchlist:
AIMT, HUSA, RGSE, ARDX, PAYX, NMM, DXR, HDSN

Blue Horseshoe Stocks: ATVI Review & More

Activision Blizzard, Inc. ATVI

On Friday, our primary focus was a bottom play in the form of ATVI, which had just been beaten back to its lowest prices since December of last year. Our inclination was to signal a range of longer term calls in the options chain, and we had instant results from those ideas.

All four of the contracts contained within our designated range produced single-session gains of a significant nature.

$55 Calls – Range: 3.20-5.00 - Max Gain: 56%
$57.50 Calls – Range: 2.30-3.60 – Max Gain: 57%
$60 Calls – Range: 1.40-2.68 - Max Gain: 91%
$62.50 Calls – Range: .90-1.84 – Max Gain: 104%


Aurora Cannabis, Inc. ACB

We have followed ACB for years, but this is the first time we’ve done a feature on the stock since it was ACBFF trading on the OTC Markets. The company uplisted to the NYSE, making it one of the few cannabis plays to do so.

After having been trading at a relative bottom toward the end of last month, the stock has been gaining some ground, and is gapping up a bit this morning on the heels of its quarterly earnings report.

Aurora’s revenue increased four-fold, and its earnings surpassed $100M in the first report issued by the company since the legalization of marijuana in Canada barely a month ago. We’ll be very interested to follow up with its conference call and expected guidance, as well as track it more closely through this new quarter.


Cronos Group, Inc. CRON

Speaking of earnings, CRON has a report upcoming early this week, and despite the PPS tapering back over the past couple of sessions, we’ll be interested to follow along with its post-release activity.

We tracked CRON over its recent solid 53% run from 6.50-9.95, and we’ll be eager to see if a solid earnings report can help reinvigorate the stock. We also made some great options calls on CRON last week, which we may swing back around and do again tomorrow, with favorable enough quarterly figures.


Extended Watchlist:
AMH, APTI, UPL, GSL, TTNP, ONVO, SBGL, VTL(Bottom play)