February, 2017 | Blue Horseshoe Stocks

Blue Horseshoe Stocks: Hasbro Options & More

SPDR S&P 500 ETF (SPY) – Options Recap

On Friday morning we were looking for solid jobs numbers to aid a push in the SPY, which we set ourselves up to take advantage of with a range of options calls.

We designated the SPY Weekly $227.50-229 Calls as our targets, and every one of those four sets of contracts were in play with some really nice intraday activity:

$227.50 Calls – Range: 1.02-2.04 – Max Gain: 100%
$228 Calls – Range: .59-1.53 – Max Gain: 159%
$228.50 Calls – Range: .27-1.03 – Max Gain: 281%
$229 Calls – Range: .10-.63 – Max Gain: 530%
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FRESH IDEA: Hasbro, Inc. HAS

On the heels of an impressive earnings beat this morning, we’re going to be shifting our options-trading focus to Hasbro, and the HAS Weekly $88-92 Calls.

OTHER UPDATES

Cerulean Pharmaceuticals, Inc. CERU -Another item of interest for us on Friday was CERU, which we noted, based on a number of factors, seemed primed for a breakout at any time. As it turned out, that time was immediately upon the opening bell, as CERU shot up quickly from a low of 1.11 up to 1.68, for a 51% rip.

CERU did consolidate into the close at 1.30, but with Friday’s major spike in volatility, and the sheer immensity of the volume that came pouring into the stock on the order of 39X the 3-month average, we’ll be sure to continue to track its movements as we kick off a new trading week.
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Sugarmade, Inc. SGMD – Rounding off Friday’s solid performers was SGMD. This was a first-time mention for us, and it made a pretty good first impression with a notable intraday push.

The stock rose from a low of .11 and ran as high as .1494, marking a move of 36% It also signaled the fourth consecutive session that the stock has recorded higher highs and higher lows. Between that, and a strong close with which SGMD maintained more than half of its daily advance, and we’re very interested to keep following this particular play.

Extended Watchlist:
VDRM, ABVG, RMGX, ODYC

Blue Horseshoe Stocks: Options Updates & More

Facebook, Inc. FB – Options Recap

Our fresh options idea or the day yesterday on the heels of Facebook’s earnings beat, the FB Weekly $133-136 Calls ended up providing opportunities for sizable gains early on in the session.

The following moves all occurred in the first half hour of trading, so traders would have had to be quick on their feet to get in on the action, but those who were, were handsomely rewarded with some really big, really quick gains:

$133 Calls – Range: .36-2.17 – Max Gain: 502%
$134 Calls – Range: .28-1.51 – Max Gain: 439%
$135 Calls – Range: .18-.96 – Max Gain: 433%
$136 Calls – Range: .05-.55 – Max Gain: 1000%

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FRESH IDEAS:

Amazon.com, Inc. AMZN – With Q4 earnings season in full swing, we will include another options idea based on the early activity in AMZN, which posted disappointing figures in its post-market release yesterday.

Here we’re going to be highlighting a range of puts that we feel stand to make decent gains, should AMZN’s fortunes play out as we suspect they might today. The targets we want to place on watch are going to be the AMZN Weekly $810-800 Puts.

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SPDR S&P 500 ETF (SPY) – On the bullish side of things, solid jobs numbers could very well lead to an overall uptrend for the markets as a whole, so we’re going to want to designate an a corresponding idea for that.

Generally, we like to use the SPY as a market analog, so we’re going to signal a range of SPY calls to try to take advantage of the current conditions. Our target range here will be the SPY Weekly $227.50-229 Calls.

Cerulean Pharmaceuticals, Inc. CERU

We want to keep our eyes on CERU as we close out the week, and into next week, as the stock is currently boasting a chart that looks as if it could break out at any moment.

As you can see, the stock has been gradually building a higher base of support off of annual lows recorded in the fall, and yesterday, really started to make a bullish move. We’re seeing a slight gap-up this morning to just below the resistance channel between 1.20 and 1.30. As we’ve pointed out below, there is a huge gap on the chart to the upside, and a breach of that channel would begin to fill it in.

This is a stock that we feel could easily make a 100% move inside of the next few sessions, so we will want to watch carefully.

Extended Watchlist:
MJPI, PKGM, GEQU, OWCP, SGMD, PROM

Blue Horseshoe Stocks: AAPL Update & More

Apple, Inc. AAPL – Options Recap

The current earnings season really kicked into high gear for us yesterday with our signal on AAPL. To go along with the activity we were observing in the premarket just formulated an options trading idea with the AAPL Weekly $125-127 Calls, and were ultimately met with chances for huge gains across the board.

Regardless of which strike price was chosen within that range, multi-bag gains were there for the taking:

$125 Calls – Range: 1.18-5.00 – Max Gain: 324%
$126 Calls – Range: 1.36-4.46 – Max Gain: 228%
$127 Calls – Range: .61-3.55 – Max Gain: 482%
$128 Calls – Range: .45-2.61 – Max Gain: 480%

We were obviously very pleased with our calls and the intraday opportunities they provided, and have no problem simply walking away after such a bang-up session. That being said, we’ll go ahead and continue to track the activity over the remaining two sessions this week, just for good measure.

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FRESH IDEA:

Facebook, Inc. FB – Continuing our ride on the earnings train, we’re going to signal a range of options in the FB chain on the heels of yesterday’s post-market earnings report.

Our target range today is going to be the FB Weekly $133-136 Calls.

Alkame Holdings, Inc. ALKM

Last week as we were following ALKM, mentioning it in all three reports from the 25th-27th, we witnessed a low of .0014. Yesterday, the stock broke out on mega-volume running to a high of .004 where it also closed, having traded 6X its 30-day average volume.

It worked out to a week-over-week increase of 186% We’re also going to want to continue keeping tabs on ALKM after yesterday’s strong close.

Extended Watchlist:
ISBG, MJTK, VAPR, NOK, MJN, NGD