Blue Horseshoe Stocks: DE Review & More

Deere & Co. DE – Options Review

We were following a group of ideas in the DE options chain last week, and saw some really nice activity both before and after the Thanksgiving holiday. Despite only a half-day of trading on Friday,  our targets, the Deere & Co. DE Weekly $143-146 Calls,  enjoyed new highs on the day.

We mentioned to our readers that despite seeing multi-bag gains prior to the holiday, it appeared as if they were in line for further moves to the upside, and we were absolutely correct. The following figures represent our observed lows from Wednesday morning, and the subsequent ranges to Friday’s impressive new highs:

DE Weekly $143-146 Calls
$143 Calls –
Range:  .82-4.80 – Max Gain: 485%
$144 Calls – Range:  .50-3.82 – Max Gain: 664%
$145 Calls – Range:  .30-2.80 – Max Gain: 833%
$146 Calls – Range: .19-1.86 – Max Gain: 879%

To throw into contrast the kind of success we’ve had over the past few weeks with our options trading ideas, keep in mind that these gains are mild compared to some of the ones we’ve seen!


Marathon Patent Group, Inc. MARA

We slated MARA for observation a few weeks ago back on November 2nd, and at the time, we’d witness a low of 1.19 in the stock. Despite shortened holiday weeks being traditionally subdued, that did not apply to MARA last week as it streaked to some very pleasing new highs. On Friday’s short day, the stock ran all the way up to 6.04, marking an increase of 408% for the month of November.

This morning, it gapped up like crazy, seeing a high of 16.99 in premarket trading, which extended that range to a walloping 1328% The stock did come back down to Earth, but is still trading higher than Friday’s highs, so we’re very curious to see how the start to this fresh and full trading week is going to play out for MARA.


VelocityShares 3x Long Nat Gas ETN (UGAZ)

We also want to begin tracking the activity in UGAZ, a Natural Gas ETN. Not only is this Note approaching heavily oversold territory after having just set a new annual low on Friday, but we’re heading into the thick of the cold weather season, when such heating fuels go into much higher demand.

We’re already seeing a gap up this morning, and will put  UGAZ on an extended term bottom watch. A hypothetical return to its prices from early this summer would approach a double-bagger on the chart from here.


Extended Watchlist:
OHRP, ROKU, RESN, CPRX, NOG, WPCS, MDGS

Blue Horseshoe Stocks: DE Options Recap & More

Urban Outfitters, Inc. URBN – Options Rehash

We have been hitting one home run after another with our options ideas recently, and kept the trend going on Wednesday before the holiday break. We offered up the Deere & Co. DE Weekly $143-146 Calls as a fresh idea for the day in our premarket report, and it turned out to be another good one.

All but one of the contracts contained within our highlighted range recorded single-session gains exceeding two hundred percent!

DE Weekly $143-146 Calls
$143 Calls –
Range:  .82-2.50 – Max Gain: 205%
$144 Calls – Range:  .50-1.53 – Max Gain: 206%
$145 Calls – Range:  .30-1.00 – Max Gain: 233%
$146 Calls – Range: .19-.53 – Max Gain: 220%

From the looks of things this morning , we could actually end up seeing these ranges extended even further. Just be aware that the normal extreme risk associated with trading weekly options on a Friday is heightened even more in a half-day scenario like today.


General Electric Co. GE – More Options Ideas

We’ve been watching GE try to find a bottom for more than a month now, and finally, we’ve got a coupls solid signals that this could be the moment we were waiting for. Not only did the stock make a moderate rebound off of its newly-registered 52-week lows, but we’ve also noticed an enormous tranche of insider buying.

An order for 3M shares was executed earlier this week in the amount of roughly $53M. You don’t generally tend to see that kind of money sunk into a stock by someone in-the-know, unless they’re fairly certain that the current support will hold.

As a result, we are going to signal a range of options ideas here as well for a longer-term recovery play, with the targets being the GE 01/19 $18-19 Calls.


Extended Watchlist:
MARK, CLSN, UEPS, DMPI, SSC, SCZ, SD, PLX

Blue Horseshoe Stocks: XNET Keeps Rolling & More

Urban Outfitters, Inc. URBN – Options Rehash

We offered up an options idea for the URBN chain yesterday morning, and we’re happy to report that it resulted in some really solid single session gain opportunities coming into play.

There were quite a few pundits claiming that URBN was due for some consolidation or sideways trading, but we felt good about the company’s earnings beat, including rising same store sales. It turns out we were the one who were correct. Just take a look at the profits that were on the table for our ideas during yesterday’s session.

URBN Weekly $28-29.50 Calls
$28 Calls –
Range:  .80-2.00 – Max Gain: 150%
$28.50 Calls – Range:  .45-1.60 – Max Gain: 255%
$29 Calls – Range:  .35-1.10 – Max Gain: 214%
$29.50 Calls – Range: .25-.80 – Max Gain: 220%

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Fresh Idea:
Deere & Co. DE Weekly $143-146 Calls


Xunlei Ltd. XNET

Yesterday, we were just rehashing our timely alert from earlier this month, when we tagged XNET shortly after which time, we observed the stock trading for as little as 8.14 a share.  In what has been a solid month of November for this play, the gains it piled on quickly surged into multibag territory, and yesterday, the stock continued its very impressive climb by once again hitting new annual highs.

XNET reached 24.29 during yesterday’s session, which represents a significant extension to the gains we’ve witnessed thus far. From our observed low of 8.14, the new high marked an increase of 198% in just the last few weeks. Volume was also at its highest level of 2017, so we’re very interested to see how the rest of this scenario plays out.

XNET recently made it known that it was going to focus on blockchain tech, which is a large part of the reason why the stock has been running like a scalded cat. The crypto space has been the talk of the town for some time now, and as you can see, it’s really given this one a push.


Extended Watchlist:
GROW, EPE, LEDS, CPRT, TLGT, AXTA, KONE