November 2019 - Blue Horseshoe Stocks

Black Friday Short Week Wrap-Up

Short Week Wrap-Up

We hope everyone enjoyed the midweek Thanksgiving break, and as we gear up to finish out the week with what we expect to be a relatively subdued half-day of trading, we just wanted to highlight the potential gains off of our fresh options ideas from Wednesday’s premarket report.

The session was majorly bullish for stocks as a whole, so our SPY calls were spot on and worked out very nicely, and we saw significant intraday gain opportunities from our targets in the BOX chain as well.

Here are the total daily gains that were on the table for these ideas:

SPY Weekly $314-315 Calls
$314 Calls – Range: .55-1.43 – Max Gain: 160%
$314.50 Calls – Range: .23-.94 – Max Gain: 309%
$315 Calls – Range: .09-.50 – Max Gain: 456%
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BOX Weekly $16-17 Calls
$16 Calls – Range: 1.80-2.90 – Max Gain: 61%
$17 Calls – Range: .95-1.91 – Max Gain: 101%

Fresh Options Idea

The earnings calendar is fairly empty this morning, but we did spot a potential play on the GIL chart. The stock is about to begin to fill a massive gap on the chart, while having just received an analyst upgrade.

We are going to put the Gildan Activewear, Inc. GIL 01/17 $25-35 Calls on watch for what could be a huge opportunity in the coming weeks.
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Bonus Ideas:
GOL Weekly $16 Calls
KPTI 01/17 $17.50-20 Calls

Extended Watchlist:
PGSY, ONTX, TEUM, VISL, WAFU,

Midweek Options Updates

Midweek Options Review

As we head into the Thanksgiving break with exactly one and a half trading sessions remaining for the whole week, we wanted to first update our readers on the excellent fresh options ideas we put forth in yesterday morning’s premarket report.

We went bearish on Dollar Tree and bullish on Nutanix, and big intraday gain opportunities presented themselves across the board, in every set of contracts in our designated tracking ranges.

Cheers to any of our readers who were able to take advantage of the alert and snag some of these solid gains on the day:

Dollar Tree, Inc. DLTR Weekly $99-96 Puts
$99 Puts – Range: 2.64-5.30 – Max Gain: 101%
$98.50 Puts – Range: 3.37-5.70 – Max Gain: 69%
$98 Puts – Range: 2.38-5.05 – Max Gain: 112%
$97 Puts – Range: 1.40-3.81 – Max Gain: 172%
$96 Puts – Range: .70-3.01 – Max Gain: 330%
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Nutanix, Inc. NTNX $33.50-35 Calls
$33.50 Calls – Range: .40-.98 – Max Gain: 145%
$34 Calls – Range: .20-.65 – Max Gain: 225%
$34.50 Calls – Range: .15-.40 – Max Gain: 167%
$35 Calls – Range: .10-.30 – Max Gain: 200%

Fresh Ideas:
SPY Weekly $314-315 Calls
BOX Weekly $16-17 Calls
VMW Weekly $165-170 Calls

Extended Watchlist:
IBIO, LODE, GALT, OCGN, AVEO, OBSV

ANAB Options Heating Up

AnaptysBio Inc. ANAB – Update

Today we want to come back to update on the progress of a longer-term options idea we formulated a couple of weeks ago on the 11th. We mentioned that we were interested in tracking the ANAB 01/17 $10-15 Calls, and it has turned out to be an excellent idea.

The stock itself has continually ramped its way up , filling some of the topside gap on the chart, trading from a low of 10.08 on the morning of our initial alert, to a new high of 13.33 yesterday. That’s an increase of 32% on the stock alone, with the observed gains in our highlighted options making much more significant moves:

$10 Calls – Range: 1.50-3.20 – Max Gain: 113%
$12.50 Calls – Range: .50-1.50 – Max Gain: 200%
$15 Calls – Range: .23-.55 – Max Gain: 139%

As you can see on the following chart snapshot, indicators are strongly suggesting that ANAB should continue to make progress in filling the immense gap.

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Fresh Options Ideas:

We also have several companies reporting earnings this morning, and here are the potential opportunities that we find most attractive among them:

Dollar Tree, Inc. DLTR Weekly $99-96 Puts
Nutanix, Inc. NTNX $33.50-35 Calls

Extended Watchlist:
CREG, BXC, TRNX, DY, ONTX, DKS, GBT

Form-4 Alert & More

Options Review

We closed out the trading week on Friday morning with some fresh options ideas, namely the SPLK Weekly $134-138 Calls. The moves we observed in those contract sets were highly impressive, with enormous multi-bag runs across the board.

The total possible profits on the table for daytraders were as follows:

$134 Calls – Range: 1.79-6.50 – Max Gain: 263%
$135 Calls – Range: 1.15-5.80 – Max Gain: 404%
$136 Calls – Range: .83-5.70 – Max Gain: 586%
$137 Calls – Range: .50-3.70 – Max Gain: 640%
$138 Calls – Range: .26-2.74 – Max Gain: 954%

Cheers to anyone who took advantage of this unbelievable quick-strike opportunity!

Ebix, Inc. EBIX – Form-4 Alert

We caught a Form-4 insider buying alert on EBIX this morning. That’s when we noticed the prime bottom positioning of the chart, complete with a significant gap to the topside. This will be a perfect candidate to identify some longer-term options plays we have interest in tracking.

We’ll be looking at the EBIX 03/20 $30-40 Calls in the days and weeks ahead.

Extended Watchlist:
ANAB, SAML, ATNM, TEVA, ICPT, ZGNX, CYIO, SAML

Hugely Successful Week for Options

Options Review
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After considerable options success earlier in the week, we doubled down on a couple of our mid-week ideas in TGT and CGC, adding higher strike ranges to keep an eye on. In both cases, our updated ideas from yesterday morning’s premarket report yielded significant intraday gain opportunities.

We highlighted the TGT Weekly $126-128 Calls, which came up with the following intraday moves:

$126 Calls – Range: .80-2.06 – Max Gain: 157%
$127 Calls – Range: .52-1.31 – Max Gain: 152%
$128 Calls – Range: .27-.73 – Max Gain: 170%

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The updated highs on our targets from Wednesday on the CGC Weekly $15.50-16.50 Calls were considerably greater than the previous session:

$15.50 Calls – Range: .43-5.57 – Max Gain: 1195%
$16 Calls – Range: .36-5.50 – Max Gain: 1427%
$16.50 Calls – Range: .35-4.85 – Max Gain: 1286%

Our updated ideas, the CGC Weekly $18-18.50 Calls also put up impressive multi-bag performances on the day:

$18 Calls – Range: .87-3.40 – Max Gain: 291%
$18.50 Calls – Range: .63-3.15 – Max Gain: 400%

Fresh Options Ideas
FL Weekly $42-43.50 Calls
SPLK Weekly $134-138 Calls

Extended Watchlist:
ADXS, CTST, TOPS, CELH, WTRH, GLBS, MVIS