Blue Horseshoe Stocks: Options Updates, Fresh Ideas & More

Apple, Inc. AAPL – Options Update

For the third consecutive session yesterday, we were treated to exceptional intraday performances by the AAPL Weekly $114-116 Calls that we initially signaled on Tuesday.

AAPL continued to bull its way to its highest PPS levels in over two months, and managed to close above $120 on the day. As a result, the contracts we were monitoring provided the following opportunities:

$114 Calls – Daily Range:  4.34-6.70 – Max Gain: 54%
$115 Calls - Daily Range: 3.47-5.70 – Max Gain: 64%
$116 Calls - Daily Range: 2.53-4.70 – Max Gain: 86%

While those gains were respectable, sharp traders will have seen greater opportunities in rolling up their strike prices to stay closer to the money as AAPL continued to run. The stock gapped up to crack the $121-mark in the premarket this morning, and so we’ll definitely be looking for quick-strike chances* in the range of the Weekly $119-121 Calls.

*Just remember, contracts with weekly expiration represent exploding offers. Extreme caution is required for trading these options on Friday!


LinkedIn Corp. LNKD

Speaking of fresh options ideas, LNKD is soaring in the premarket this morning, so we’re going to be tracking a range of contracts in this chain as well. We had tremendous success with LNKD calls this summer, and given the current conditions, we believe history could repeat itself today.

We’ll be prospecting a wide range in the LNKD Weekly $235-245 Calls as the session commences, as it seems that things could get very interesting(…and don’t forget the warning above about trading weeklies on a Friday!).


Extended Watchlist:
VPER, PHOT, URBF, APPG, MIL, JDST, APDN(Bottom-Watch)

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