Blue Horseshoe Stocks: Options Review

Tiffany & Co. TIF – Options Recap
We wanted to take an opportunity to backtrack to our options idea from Wednesday, the TIF Weekly $114-117 Calls. We caught the stock on the heels of its earnings report, and the subsequent activity allowed for a good chance for us at the top of that range.

Our ideas got pushed so deep in the money, that the big winner turned out to be the 117′s. Those contracts started out on Wednesday from a low of 1.53, and as of yesterday had reached an impressive high of 8.24. That works out to a two-day swing of 439%


Footlocker, Inc. FL 

We’ve had some good luck with the FL options chain in the past, and we’re going to place some contracts on watch today in the wake of the company’s big profit and sales beat this morning. Q1 earnings blew people away today, and as a result the stock is up considerably.

With no weekly expiration contracts available, we’re going to go out to the FL 06/15 $52.50-55 Calls, for potential quick strike trades.


Extended Watchlist:
QUIK, CDTX, CLWT, AVGR, OHGI, AVGR, PRPO

Blue Horseshoe Stocks Special Report!

Social Detention, Inc. SODE – Special Report

Good Morning Traders! Today, in lieu of our routine premarket reports, we have a special focus report on SODE. Social Detention is an up-and-comer that certainly has some things to sort out, but despite that, still has so many bright spots to its recent storyline.

Part of that story begins earlier this year with the acquisition of its namesake property, socialdetention.com- a social media platform for members of the $200 Billion/year corrections industry, from decision makers, vendors, and suppliers, to the facilities themselves. The company did not use stock or create any debt in the acquisition, and plans to generate revenue by setting up a marketplace to complement and augment the social platform.

In addition to this new direction, SODE also has a security and infrastructure engineering, estimating, project management and professional services business. That segment of its operations has been thriving, having been awarded multiple contracts in 2018 which allowed it to post record revenues last month for Q1, and assure shareholders that Q2 is on pace to continue that pattern. (>>View PR)

Mr. Robert P. Legg II, CEO of SODE, stated, “We are pleased with our progress but are simply building a base and will not be satisfied until we are a much larger and more profitable company.   We have come full circle winning projects, completing profitable project and gaining customer references.  With the upcoming trends in the infrastructure and security market I see no limit to our growth as we focus on the bottom line and rewarding shareholders.” (Source: Globe Newswire)

MORE NEW CONTRACTS

Holding true to its word so far, SODE has announced this week that its  ELLA subsidiary has been awarded several projects in California. The projects consist of building security and infrastructure repairs.  Combined Contract value is over $900,000, with work beginning this month, and will go on the books for Q2. (>>View PR)

LATE BREAKING NEWSALAMO, CA, May 24, 2018 (GLOBE NEWSWIRE) — Social Detention Inc. (SODE), recently announced that it has executed an agreement with DME Inc. to procure, perform and share profits on California Contracts.  This partnership allows Social Detention Inc. to participate on proposals that are reserved for specific companies with certain classifications.  The agreement is effective May 21, 2018.

The profit share is 50/50 and recognized as contract revenues are received.  We anticipate the revenue for the next twelve months under this agreement to be $2-5m with profit of $600k to $1.5m and $5m to $10m in Year 2 with profit of $1.5m to $3m.  (>>Full PR)

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SODE CHART:

In terms of the chart, we want to point out that there a clear pattern of establishing higher lows over the past few months, and the stock has also shown that it’s more than capable of making significant swings in a short amount of time.

It is this volatility that gives us hope for the SODE chart; the stock has made three significant moves in as many months. In March it ran from .0311-.1239 (+298%), then in April it ran from .035-.17 (+386%), and finally this month it made a move from .0711-.14 (+97%).


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When all is said and done, SODE may have some cleaning up to do in terms of its share structure and current spread, but it is generating revenue while making good headway with its new projects, and has more than enough going on to pique our interest.

Not for nothing, but the company has also previously expressed interest in exploring opportunities in the cannabis sector as well. For all these reasons, we’re going to be watching SODE closely from here on out.
_________For more info on SODE visit www.sodetention.com

Blue Horseshoe Stocks: TJX Recap & More

The TJX Companies, Inc. TJX – Options Recap

TJX found its way to our premarket report yesterday morning, after the company posted a solid quarterly release.

To coincide with the activity we were observing, we slated a range of options ideas to keep track of, the TJX 06/15 $85-90 Calls. We are pleased to report that there were some nice gains available to traders before noon.

$85 Calls – Range: 2.14-3.90 – Max Gain: 214%
$87.50 Calls – Range: .90-2.50 – Max Gain: 178%
$90 Calls – Range: .35-1.10 – Max Gain: 214%
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Fresh Options Ideas:
Tiffany & Co. TIF Weekly $114-117 Calls
Lowes Companies, Inc. LOW Weekly $88-90 Calls


Other Updates

Each of the following have been picks we’ve included in our daily reports from roughly the last month or so. We have included our alert date, observed lows, and subsequent highs along with the total possible gains that were on the table.

ARQL (04/18) 2.40-4.20, +75%
SDR (05/18) 1.26-1.74, +38%
HTBX (05/14) 1.35-2.00, +48%


Extended Watchlist:
TRXC, AVGR, SNES, DPW, ADOM, AEL

Blue Horseshoe Stocks: Trio of Post-Earnings Options Ideas

Trio of Post-Earnings Options Ideas

As our regular readers are more than aware, we are always looking in the earnings calendar to find potential quick-strike options trading opportunities. After a strong earnings report, chances to take advantage of the clamor for shares are often plentiful.

This morning we’ve got three separate ideas, to help us try to do just that. After solid reports all around we’re looking to formulate ideas for The TJX Companies, Inc. TJX, Advanced Auto Parts, Inc. AAP, and Kohls Corp. KSS options chains.

TJX 06/15 $85-90 Calls
AAP 06/15 $120-130 Calls

KSS Weekly $67.50-69.50 Calls


Agile Therapeutics, Inc. AGRX

Another thing we’re always looking for is bottom-play opportunities. We want to place AGRX on watch after seeing the stock get absolutely crushed over the past few sessions.

The short interest has risen dramatically as you can see on the AGRX page of Naked Short Report, and caused a serious gap down to perhaps unsustainably low levels. When an influx of buyers looking for a bargain comes in, we could see that gap begin to fill. We’ll have it on a close bottom watch.


Extended Watchlist:
MU, DNR, TGA, SYN, GSM

Blue Horseshoe Stocks: Potential Gap-Fillers & More

Hyatt Hotels Corp. H – Options Idea

We’re going to kick this week off by taking a look at Hyatt Hotels. This is a stock with a relatively predictable and volatile trading pattern. As you can see on the chart, H is coming down off of a quadruple-top formation, with indicators suggesting a significant bearish swing could occur at any time.

We want to designate a pair of contracts in the H options chain to track over the next week or two to coincide with this assumption. We’re going to slate the H 06/15 $85 & $80 Puts for observation as we kick off this fresh trading week.


Potential Gap-Fillers

We are going to flag Vista Outdoor, Inc. VSTO and Harbinger Group, Inc. HRG for technical reasons as well today, with each stock boasting a highly similar setup.

If you notice the side-by-side view of the charts below, both stocks have been working their way up off of a bottom, with a huge gap on the chart to the upside just waiting to be filled. We see these setups often, and in both cases here, the chances for a gap-fill appear greater than average.


Extended Watchlist:
MU, DDE, TRXC, MBFI