May 2020 - Blue Horseshoe Stocks

Big Gainers to Report

Solid Options Plays

More often than not, when we signal groups of calls or puts, we see success with our ideas. In the case of yesterday morning’s premarket report, we signaled one set of each, and saw instant returns on both.

Our targets were WDAY Weekly $172.50-177.50 Calls & HPQ Weekly $17-16 Puts, with each range containing three sets of contracts. All six ran considerably, with five out of the six logging double-bag gains or better! here were the total possible gains to which our readers had access:

WDAY Weekly $172.50-177.50 Calls
$172.50: 6.83-14.48 (+64%)
$175: 4.70-11.95 (+93%)
$177.50: 3.90-9.54 (+93%)
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HPQ Weekly $17-16 Puts
$17: 1.27-2.13 (+203%)
$16.50: .76-1.56 (+238%)
$16: .44-2.61 (+93%)
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Fresh Ideas*:
DELL Weekly $46-49 Calls
BIG 06/19 $40-45 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds!

Stock Recaps

We’ve also seen some nice gains on the stock side of things this week, and yesterday brought more success on that front as well.

Indoor Harvest Corp. INQD – We tagged INQD in yesterday’s extended watchlist, and this subpenny OTC play posted a modest but respectable move from .0046-.007, marking an intraday gain of 52%

Party City Holdco Inc. PRTY – We have to go back a few weeks to our report on the morning of May 4th to find our initial alert on PRTY. Since then we’ve seen the stock trading for as little as .43. It has been climbing steadily over the past several sessions, reaching a new high of 2.10 yesterday. That works out to an overall increase of 388%

Brewbilt MFG Inc. BBRW – We also saw BBRW make a big run from .03-.0899 for a 199% gain!

Extended Watchlist:
ZEST, ENGH, BYZN, TRNX

Massive SPY Gains

SPDR S&P 500 (ETF) SPY – Review

Yesterday morning we said we would come back to the idea we issued for the SPY on Tuesday morning, for what we assumed was going to be some nice added gains. The targets were the SPY 05/27 $302-303 Calls, and they exceeded our expectations for the day by a country mile!

That pair of contracts posted what may possibly be the biggest single session gains we’ve ever tracked in the SPY, which has been our go-to market analog for years. The gains here were simply marvelous.

SPY 05/27 $302-303 Calls
$302: .02-.91 (+4500%)
$303: .03-1.92 (+6300%)

We had also signaled fresh ideas in some other options chains yesterday, and thanks in part to a big day for the markets, we saw some appreciable gains there as well, which were as follows:

GSX 06/19 $30-35 Calls
$30: 2.98-4.90 (+64%)
$35: 1.00-1.93 (+93%)
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STNE Weekly $31-32 Calls
$31: 1.19-3.60 (+203%)
$32: .80-2.70 (+238%)

More Fresh Ideas:
WDAY Weekly $172.50-177.50 Calls
HPQ Weekly $17-16 Puts

Extended Watchlist:
OZSC, INQD, BBRW, KNOS, ITOX, TTCM, BGFV

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.

More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.

Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
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Fresh Options Ideas:
GSX 06/19 $30-35 Calls
STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls

Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

PANW, BJ Reviews

BJ’s Wholesale Club Holdings Inc. BJ

We had been tracking a target in the BJ’s options chain toward the end of last week, which were the BJ 06/19 $30 Calls. Then on Friday morning, we added an extra idea by rolling up to include the 06/19 $40 Calls as well. After another solid push, we have a new high to report on the $30’s, and our newer ideas performed well also, posting a multibag intraday performance.

So overall, from Thursday’s signal on the 06/19 $30 Calls, we observed a two-day swing from 1.50-8.42, marking a rise of 461% Meanwhile, the 06/19 $40 Calls
posted a move from .45-1.68, which worked out to a single-session gain of 273%

Palo Alto Networks, Inc. PANW

Additionally, we had highlighted a trio of contracts in the PANW chain in our premarket report from Friday, with the PANW Weekly $235-245 Calls. We were able to see quite a bit of success there.

Weekly $235-245 Calls
$235: 4.68-8.30 (+77%)
$240: 2.45-5.03 (+105%)
$245: .99-3.35 (+238%)
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Fresh Options Idea:
SPY 05/27 $302-303 Calls

BJ Recap, Fresh Options Ideas

BJ’s Wholesale Club Holdings Inc. BJ – Recap

As usual, we put out some fresh options ideas in yesterday mornings report, and despite a poor showing for the markets in general, we did see some instant success with our one-contract target in the BJ’s chain.

We had highlighted the BJ 06/19 $30 Calls for observation and the stock provided us with a great opportunity for huge gains with its own move from from 30.39 to 35.45 (+17%). The $30 Calls ran from 1.50-5.60, for an enormous intraday rip of 273%

We will also roll up to include the 06/19 $40 Calls on our watchlist heading into the long weekend, as the momentum from yesterday’s big move could certainly spill over.

Fresh Options Ideas*:
DE Weekly $145-148 Calls
PANW Weekly $235-245 Calls
BABA Weekly $205-207.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds!