Blue Horseshoe Stocks

Options HOT Streak!

Options Roundup
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Yesterday brought more extreme success in the options trading arena for us, as we formulated two new ideas that worked out nicely, as well as increasing our strike field on the SPY by an extra two sets of contracts.

Our initial targets from Wednesday were the SPY Weekly $334-335 Calls, and we rolled up to include the $336 and $337’s as well. In each case, we saw some nice gains on the day yesterday:

SPY Weekly $334-335 Calls
$334: 2.47-4.87 (+97%)
$335: 2.00-5.64 (+182%)
$336: 1.88-2.95 (+57%)
$337: 1.46-2.35 (+61%)

The two fresh options plays that we highlighted were the NKLA Weekly $21.50-23 Calls and the BBBY Weekly $16-18 Calls, and in both cases, we saw some fantastic opportunities to profit.

NKLA Weekly $21.50-23 Calls
$21.50: 1.17-5.40 (+362%)
$22: .91-5.20 (+471%)
$22.50: .66-4.57 (+592%)
$23: .50-4.16 (+732%)
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BBBY Weekly $16-18 Calls
$16: 1.55-4.20 (+171%)
$16.50: 1.57-3.80 (+142%)
$17: 1.28-3.30 (+158%)
$17.50: .93-2.79 (+200%)
$18: .26-2.46 (+846%)
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We also saw some more really great moves out of the UBER Calls we began tracking on Tuesday morning, including a ten-bagger!

UBER Weekly $34.50-36 Calls
$34.50: .68-3.35 (+392%)
$35: .39-2.58 (+561%)
$35.50: .25-2.29 (+816%)
$36: .15-1.81 (+1040%)

ABCO Energy, Inc. ABCE
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After mounting a run from .0004 up to .0009 as we mentioned in yesterday morning’s report, we cautioned readers that the stock had traded massive volume, and that we’d be on the lookout for a continuation of momentum.

That’s just what ended up happening, as ABCE pushed to a new high .0013. That extends our two-day observed gains on this play to 225%

Extended Watchlist:
FPVD, ABQQ, SCON, ENDO, BYOC, CODX

SPY on a Run, Fresh Options Ideas

Options Recap
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Yesterday morning, despite reactions to the presidential debates causing a premarket dip in the markets, we decided to go bullish on the SPY, as four positive economic reports had also just dropped. Our hunch proved to be beneficial right from the opening bell as the markets spent the majority of the day ripping.

Our targets were the SPY Weekly $334-335 Calls, and both sets of contracts produced double bag gain chances for us. We did see a pullback late in the day after these runs, bringing them down to new lows, and based on this morning’s premarket activity, we should have another opportunity to see some big upswings from there.

SPY Weekly $334-335 Calls
$334: 2.45-5.55 (+126%)
$335: 2.21-4.81 (+117%)

We are also going to want to roll up to include the SPY $336-337 Calls on our watchlist.

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Fresh Options Idea:
BBBY Weekly $16-18 Calls
NKLA Weekly $21.50-23 Calls

ABCO Energy, Inc. ABCE – Recap
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Also included in yesterday’s report was a tag of ABCE in our extended watchlist, which is most typically where you can find our penny stock plays. It put together a solid multibag run from .0004 up to a high of .0009. That works out to an intraday gain of 125%

Based off of the momentum we saw yesterday, with the stock trading right around a billion and a half shares (over 26X the 30-day average volume), we will want to continue to monitor this play as well.

Extended Watchlist:
PECK, NKLA, BYOC, STHC, KRKNF, LTUM, CDTI

Recent Bottom-Bouncers & More

Recent Reversals

We are tracking three unrelated yet similar plays as our first area of interest this morning. These are all stocks that have recently recorded a bottom-bounce reversal, with recoveries underway.

Blink Charging Co. BLNK
Kandi Technologies Group, Inc. KNDI
Sorrento Therapeutics Inc. SRNE

We are going to place these stocks on our watchlist moving forward and begin to track their movements in the days and weeks ahead. Their current runs may only just be getting started.

McCormick & Co. MKC – Options Update

We also offered up an options idea in yesterday’s premarket report, targeting the MKC 10/16 $195 Puts, on the heels of the company’s earnings report.

We got some very nice early activity out of that contract, which traded up from a low of 5.84 and went on to hit 12.85. That represents an intraday gain of 120%
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Fresh Options Idea:
SPY Weekly $334-335 Calls

Extended Watchlist:
CLR, ABCE, PMPG, VPLM, WTII

Options Gains, Fresh Idea

Trip.com Group Ltd. TCOM

We’ve been tracking a set of calls in the TCOM chain since Friday morning, when we alerted on the TCOM 10/16 $27-29 Calls. Leading into yesterday’s session they had recorded some modest gains, and for the second session in a row yesterday we saw higher highs.

Here are the total ranges and potential profits that our TCOM targets have netted over two trading days:

TCOM 10/16 $27-29 Calls
$27: 2.62-4.40 (+68%)
$28: 1.88-4.16 (+121%)
$29: 1.18-3.20 (+171%)

Uber Technologies Inc. UBER

We also had some fresh ideas in yesterday’s report, one of which being in the UBER chain. We signaled interest in tracking the UBER Weekly $34.50-36 Calls and all four of those sets posted some respectable upswings on the day:

UBER Weekly $34.50-36 Calls
$34.50: 1.36-2.29 (+68%)
$35: 1.02-1.90 (+86%)
$35.50: .73-1.54 (+111%)
$36: .58-1.22 (+110%)

Fresh Options Idea:
MKC 10/16 $195 Puts

Extended Watchlist:
CLIS, CLOW, UEEC, OZSC, GAXY, GAHC

Fresh UBER Calls & More

Invesco Solar (ETF) TAN – Recap

On Thurday’s morning, we were getting strong bullish signals from the solar sector, and in order to stay on top of that trend we decided to track a set of options ideas in the TAN chain, with TAN being to the solar space what the SPY is to the markets as a whole.

Our targets were the TAN 10/16 $54-56 Calls and we saw some very nice activity from those plays on Friday.

TAN 10/16 $54-56 Calls
$54: 3.10-4.60 (+48%)
$55: 1.90-4.21 (+122%)
$56: 1.75-3.60 (+106%)
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We also had signaled the TCOM 10/16 $27-29 Calls for observation on Friday morning, and those saw some solid intraday gains.

TCOM 10/16 $27-29 Calls
$27: 2.62-3.47 (+32%)
$28: 1.88-2.81 (+49%)
$29: 1.18-2.06 (+75%)

All American Gold Corp. AAGC

We will also provide an update on AAGC which we mentioned on Wednesday morning. We observed a subsequent low of .0008 and to close out the week with a bang, the stock hit a new high of .0024.

This subpenny runner amounted to potential gains of up to 200% and was a good diversion from our typical big board options interests.

Fresh Options Ideas:
THO 10/16 $100-105 Calls
UBER Weekly $34.50-36 Calls

Extended Watchlist:
PASO, CLOW, WOGI, GNBT, VST,