Blue Horseshoe Stocks: TSLA, GOOS

Tesla, Inc. TSLA
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When we left off with TSLA on Wednesday after seeing double bag moves in the calls we had tagged the previous day, we stated that we had “reason to believe that we may see some further opportunities in these ideas before the week is out.”.
Those calls were the TSLA Weekly 337.50-347.50 Calls and our assumption that they would provide another wave of gain opportunities proved to be completely accurate. We did in fact get a bigger round of gains which we’ve listed below. These ranges represent a two-day swing from Wednesday’s lows to yesterday’s highs:

$337.50 Calls – Range: 7.50-21.20 – Max Gain: 183%
$340 Calls – Range: 6.07-18.70 – Max Gain: 208%
$342.50 Calls – Range: 4.90-15.98 – Max Gain: 226%
$345 Calls – Range: 4.00-13.78 – Max Gain: 245%
$347.50 Calls – Range: 3.20-11.48 – Max Gain: 259%


Canada Goose Holdings Inc GOOS – Fresh Idea

Despite already being at its annual highs, GOOS is running like scalded dog this morning in the wake of its quarterly earnings report.

We’ve always got our eyes on the earnings calendar to look out for opportunities such as this, to take quick advantage of a rapid rise in volatility. We’re going to slate the GOOS Weekly $50-60 Calls* for observation, which could provide us with a few chances for gains to close out the week.

*Never trade weekly options on a Friday unless you are an expert trader with disposable funds!


Extended Watchlist:
BAK, TXMD, MTNB, CPST

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