Blue Horseshoe Stocks

Blue Horseshoe Stocks: Big Gains Keep Coming!

Tilray, Inc. TLRY

We’re still tracking our idea from Tuesday morning‘s premarket report, the TLRY 09/21 $91-93 Calls. While we generally have stayed clear of most IPO’s in their very early stages in the past, Tilray was just too attractive not to dabble in, and the results have been fantastic thus far.

We’ve been looking at multi-bag gains for all three of the contracts in our observed range, and the stock itself has risen by a considerable margin this week. On Tuesday when we first alerted on it, it traded for as little 87.50, and yesterday reached a high of 127.27, a very impressive three-day swing of 45%

Here are the updated ranges on the options contracts we signaled for observation:

$91 Calls – Range: 6.43-27.50 – Max Gain: 328%
$92 Calls – Range: 5.51-27.80 – Max Gain: 405%
$93 Calls – Range: 5.23-23.70 – Max Gain: 353%
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Nio, Inc. NIO – Speaking of IPO’s, NIO, which debuted yesterday, made a lot of noise in just a single day on the market. We like the space it operates in- the company produces electric cars, and alternative energy will continue to become a more and more attractive sector as the fossil fuel age continues its slow but inevitable wind-down.

No options yet exist for NIO, so we’re just going to place it on watch as a solid looking, low-priced IPO, and may perhaps return sometime for options down the line, once its chain has been properly established.
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The Kroger Co. KR – Update

Another set of options ideas that we presented in yesterday’s report was the KR Weekly $31-29 Puts. Going bearish on options isn’t typical for us but when an opportunity presents itself, we’ll take it, and this was a good one.

All five of our designated contracts produced notable intraday gain opportunities:

$31 Puts – Range: 2.02-2.53 – Max Gain: 25%
$30.50 Puts – Range: 1.39-2.05 – Max Gain: 47%
$30 Puts – Range: 1.04-1.57 – Max Gain: 51%
$29.50 Puts – Range: .71-1.06 – Max Gain: 49%
$29 Puts – Range: .30-.64 – Max Gain: 113%
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Fresh Idea:
SPY Weekly $290-291.50 Calls

Extended Watchlist:
BVX, MNGA, RHE, EARS. AGRX,

Blue Horseshoe Stocks: Options Winners

Options Winners

Our acumen in identifying successful short-to-mid-term options plays has been at a high level for years now, and this week has been no different than those that came before it.

It was on Tuesday morning that our report contained a pair of ideas relating to the TLRY and TSLA chains. With the help of a solid Wednesday session, all contracts involved have produced notable gain opportunities:

TLRY 09/21 $91-93 Calls
$91 Calls – Range: 6.43-16.00 – Max Gain: 149%
$92 Calls – Range: 5.51-15.40 – Max Gain: 179%
$93 Calls – Range: 5.23-15.48 – Max Gain: 196%

TSLA 10/06 $285-290 Calls
$285 Calls – Range: 12.26-21.17 – Max Gain: 73%
$287.50 Calls – Range: 12.02-19.39 – Max Gain: 61%
$290 Calls – Range: 10.50-18.92 – Max Gain: 80%

Additionally, we signaled the BHC Weekly $21-22.50 Calls in yesterday morning’s report, and the $22’s and the $22.50’s yielded the most positive single-session results. The $22’s ran from .76-2.00 for a gain of 163% while the $22.50’s traded up from a low of .40 to hit 1.19, which worked out to a move of 198%
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FRESH IDEA:
KR Weekly $31-29 Puts

Extended Watchlist:
PDD, CARA, GNC, SLS, TKC, GERN, TLRD, PRPO

Blue Horseshoe Stocks: Tons of Options

Options Updates

Late last week, we selected a few contracts in the Facebook and Twitter options chains for longer-term ideas. The FB 10/12 $182.50-190 Calls, and the TWTR 10/12 $35 & 37.50 Calls. While they haven’t blown their lids quite yet, we wanted to reiterate our interest in tracking these over a longer time period.

The somewhat nominal gains achieved so far are as follows:
FB 10/12 $182.50’s: .53-.80 (+51%) | $185’s: 40-.54 (+35%)
TWTR 10/12 $35’s: .33-.52 (+56%) | $37.50’s: .28-.40 (43%)

We’ll continue to track these ranges, as there is still plenty of time for them to begin realizing their full potential. What we’ve seen to this point may be just the beginning.
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FRESH IDEAS:

To add to our social media related options ideas, we also see SNAP coming off of a recent bottom, and will signal the SNAP 10/05 $9 & 9.50 Calls for observation as the stock attempts to mount a recovery of recent losses.
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With a major category-4 hurricane currently inbound for the Carolina coastline this week, we’re also going to highlight some plays in Home Depot and Lowes Home Improvement, which tend to see surges in the wake of storms big enough to require extensive cleanup and repairs. According to all predictive models, Hurricane Florence definitely fits that bill.

HD Weekly $212.50 & 215 Calls
LOW Weekly $114-115 Calls
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Bonus Idea:
BHC Weekly $21-22.50 Calls

Extended Watchlist:
IMMR, LPI, USAT, SLCA, LODE, NXTD,

Blue Horseshoe Stocks: TSLA Rebound & More

Tesla, Inc. TSLA

We’re looikng at TSLA from a purely technical perspective, not paying much mind to the company’s reduction in standard available vehicle colors to simplify production, especially since the removed colors are still available at a small added cost.

The stock has recently shown signs of a bottom-bounce, and we’re going to want to be ready with some options trading possibilities if it can mount a reasonable rebound. We’re going to put the TSLA 10/06 $285-290 Calls on watch in the days and weeks ahead.

Tilray Inc. TLRY

We also wanted to backtrack a tad to our summer coverage of TLRY. We tagged this stock in our watchlist several times between July 20th and the present. Our observed low was at 21.50, and in an incredible multi-week run, the stock subsequently reached a high of 97.36! That’s an eye popping 353% which, for that to occur in a $20+ stock in roughly six weeks time is practically unheard-of!

To provide another related idea going forward, we’re going to begin tracking the TLRY 09/21 $91-93 Calls in forthcoming sessions.

Extended Watchlist:
RUN, SSC, RRTS, IVTY, AGRX, CDMO, NLST

Blue Horseshoe Stocks: BABA Options & More

Alibaba Group Holding Ltd BABA – Options

To kick off this brand new trading week, we are interested in tracking a range of calls in the BABA chain, after shares dipped on the news that co-Founder Jack Ma will be stepping down and handing full control over to the CEO effect next year.

The reactionary selloff may provide us with some solid options trading chances, so we are going to keep an eye on the BABA 10/12 $165 & 167.50 Calls in the days and weeks ahead.

OPKO Health Inc. OPK

Shares of OPK took a bath on Friday, briefly falling below the stock’s 200DMA, and closing well in the red on the day. We’re going to signal our interest in tracking OPK as a bottom-watch play.

The stock is approaching extremely oversold territory, and in the midst of its downturn we observed some Form-4 submissions, with insiders buying up shares on Friday as the bottom fell out.

That suggests a confidence that it may not have much further to fall, so we will want to hang around as OPK searches for a bottom and solid rebound point.

Extended Watchlist:
TAHO, ECYT, TLRY, CGC, AKER, CLDR, FRED, IGC