Successful Options Ideas
We formulated four sets of options trading ideas in yesterday morning’s premarket report, and it should come as no surprise to any of our readers apart from the very newest members, that all four ideas were winners. Gains were there for the taking regardless of which play struck people’s fancies.
SPDR S&P 500 ETF (SPY)
Our point of focus for the SPY yesterday morning was the SPY Weekly $204-206 Calls and those contracts provided not one, but two solid opportunities for intraday gains. The breakdown is as follows:
$204 Calls – 1st Run: 2.17-2.85 – Gained: 31% – 2nd Run: 1.86-2.51 – Gained: 35%
$205 Calls – 1st Run: 1.36-1.96 – Gained: 31% – 2nd Run: .96-1.61 – Gained: 68%
$206 Calls – 1st Run: .67-1.14 – Gained: 70% – 2nd Run: .40-.80 – Gained: 100%
Apple, Inc. AAPL
Our highlighted range for AAPL, a stock whose options chain we taken advantage of too many times to count,was slated for AAPL Weekly $107-109 Calls.
$107 Calls – Trading Range: .1.79-3.45 – Max Gain: 98%
$108 Calls – Trading Range: 1.02-2.56 – Max Gain: 151%
$109 Calls – Trading Range: .49-1.70 – Max Gain: 247%
Lulu Lemon Athletica, Inc. LULU
We signaled LULU Weekly $62-65.50 Calls on the heels of the company’s earnings beat, and among those were some of the most solid intraday upswings we saw all day.
$62 Calls – Trading Range: 4.02-6.05 – Max Gain: 50%
$62.50 Calls – Trading Range: 3.10-5.85 – Max Gain: 89%
$65.50 Calls – Trading Range: .82-2.50 – Max Gain: 205%
Ambarella, Inc. AMBA
We were looking AMBA Weekly $44 and 46 Calls which ran hard out of the gate; traders would have had to have nimble fingers to extract the maximum profit on these ones inside of the session’s first ten minutes.
$44 Calls – Trading Range: 1.15-2.20 – Max Gain: 91%
$46 Calls – Trading Range: .35-.90 – Max Gain: 157%
Blue Horseshoe Stocks to Present on the CannaInvestor Online Webcast
We’re proud to participate in the popular CannaInvestor Webcast, and invite all of our readers to check it out this afternoon! There will be a link you can visit on www.cannawebcast.com beginning today at 1pm Eastern. It’s a must-listen for any of our members who enjoy our coverage of the medical and legal marijuana space!
ROCHESTER, NY / ACCESSWIRE / March 31, 2016 / BlueHorseshoeStocks.com (BHS) is a blog-style website that offers a free daily stock alert newsletter to stock and options traders of all levels from beginning to advanced. Unlike your typical stock-picking service, BHS publishes a quality newsletter on a daily basis, giving its members a wide range of trading ideas including microcaps to big board stocks, options ideas and more.
For years, BHS has tracked and shared cannabis-related stock ideas with its readers, and enjoyed quite a bit of success in doing so. BHS is pleased to announce that it will present online on the CannaInvestor Webcast today Thursday, March 31, 2016 at 1:00 PM EDT – 1:45 PM EDT. (>>Full PR)
Potential Bottom-Play Watchlist
This morning we caught four different stocks trading at a bottom that we want to aggregate into a recovery watchlist. We’ll reserve some space on our radars for these plays in sessions to come, monitoring for any indication of a rebound for any of these plays:
RCPI, TWER, SKYS, UAMY
SFOR, ADMD, CPXX, GLBL, USLV, MNOV,
MDVN($41.50-43.50 Weekly Calls)