Blue Horseshoe Stocks

Blue Horseshoe Stocks: Fresh Options Idea & More

Campbell Soup Co. CPB – Options Update

We opened up the week yesterday with a fresh options idea, designating the CPB Weekly $30.50-$42 Calls for observation, and we were pleased to be met with potential gains across the board. While not every contract set was a huge runner, they all made gains, including 4 out of 6 recording multi-bag performances on the day.

$30.50 Calls – Range: 2.26-3.12 – Max Gain: 38%
$40 Calls – Range: 1.00-3.00 – Max Gain: 200%
$40.50 Calls – Range: 1.63-2.00 – Max Gain: 23%
$41 Calls – Range: .95-2.10 – Max Gain: 121%
$41.50 Calls – Range: .80-1.80 – Max Gain: 125%
$42 Calls – Range: .60-1.50 – Max Gain: 150%

With the way CPB stock itself behaved, we’ll be very interested to continue to keep an eye on the activity in these plays as the week progresses.

Fresh Options Idea – Harley-Davidson, Inc. HOG

As promised, we also have another fresh options idea today. Harley announced plans to shift some of its US production overseas to avoid EU tariffs over the weekend, and was promptly slammed by Donald Trump.

This has caused a clear over-reaction by enough traders/investors as well as a spike in short interest which is driving the stock down rapidly. It is approaching a multi-bottom setup on the chart, and we’re going to want to be ready to take advantage when the rebound occurs.

We’re going to signal the HOG 08/03 $43-44 Calls, and remain watchful over HOG in the days and weeks ahead for a rebound that could be coming at any time.

Extended Watchlist:
AVGR, GE, GWPH, IIIV, INFI

Blue Horseshoe Stocks: KMX, TNDM Recaps & More

CarMax, Inc. KMX

Our first order of business today will be to recap the fantastic single-session performance posted by our fresh options ideas for CarMax. We highlighted the KMX Weekly $75-78 Calls and were impressed with the subsequent trading activity.

Traders could have banked the following profits off of those ideas, all of which breached into multi-bag gain territory.

$75 Calls – Range: 2.00-6.54 – Max Gain: 227%
$76 Calls – Range: 1.50-5.30 – Max Gain: 253%
$76.50 Calls – Range: .95-4.90 – Max Gain: 416%
$77 Calls – Range: .65-4.27 – Max Gain: 557%
$78 Calls – Range: .40-3.30 – Max Gain: 725%
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Fresh Options Idea:
Campbell Soup Co. CPB 06/29 $39.50-42.00

Tandem Diabetes Care, Inc. TNDM – Recap

Another pick of ours that we want to return to was one we made midway through last month, in TNDM. The stock has has essentially been on one continuous bull run since that time.

From the 11.38 low it registered on the morning on our initial alert (May 16th) the stock gradually reached a new high on Friday coming in at 25.50. That’s an increase of 124% in just five weeks! We would consider that beyond respectable for a stock that was trading over eleven bucks when we first called it.

Extended Watchlist:
SXE, PULM, DCIX, BOXL, GTN, FUSZ, CELZ

Blue Horseshoe Stocks: More Big Options Calls

Options Review

Once again we were able to score some good quick-strike options trading opportunities with the fresh ideas included with yesterday morning’s premarket report. It continued an extremely solid run of options ideas this week.

In three separate options chains, we selected a total of 12 options contracts to monitor, and solid chances for significant intraday gains were produced by 10 of those:

The Kroger Co. KR Weekly $28-29.50 Calls
$28 Calls – Range: .41-1.04 – Max Gain: 154%
$28.50 Calls – Range: 21-.68 – Max Gain: 224%
$29 Calls – Range: .08-.41 – Max Gain: 413%

Darden Restaurants Inc. DRI 07/20 $100-115 Calls
$100 Calls – Range: 3.00-8.20 – Max Gain: 173%
$105 Calls – Range: .90-4.10 – Max Gain: 355%
$110 Calls – Range: .30-1.50 – Max Gain: 400%
$115 Calls – Range: .05-.45 – Max Gain: 900%

Micron Technology, Inc. MU Weekly $61-62.50 Calls
$61 Calls – Range: .22-.57 – Max Gain: 159%
$61.50 Calls – Range: .17-.37 – Max Gain: 118%
$62 Calls – Range: .10-.24 – Max Gain: 140%
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More Fresh Ideas

We had an excellent day with yesterday’s fresh trio of options ideas*, so why not formulate another three to close out what has been a fantastic trading week.

SPDRA S&P 500 ETF (SPY) Weekly $274-275.50 Calls*

BlackBerry Ltd. BB Weekly $11-12 Calls*

CarMax, Inc. KMX Weekly $75-78 Calls*

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

Extended Watchlist:
FCEL, FTI, INPX, TS, TNTR, BPMX, CRC, OAS

Blue Horseshoe Stocks: Options Roundup

Options Round-Up

We had good fortune with yesterday’s options calls (see WGO below), and with a trio of big name earnings reports out either yesterday post-market or this morning, we figured we’d triple-down on some more fresh options ideas!

The Kroger Co. KR Weekly $28-29.50 Calls

Darden Restaurants Inc. DRI 07/20 $100-115 Calls

Micron Technology, Inc. MU Weekly $61-62.50 Calls

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Winnebago Industries, Inc. WGO – Options Recap

We took notice of Winnebago’s impressive earnings beat yesterday morning and promptly formulated a range of options ideas to try to take advantage of the situation.

We’ll selected the WGO Weekly $43-46 Calls to put on watch, and each of the four contracts in that range turned out to be a solid intraday mover. The following are the total possible gains which could have been banked off of these ideas on the day:

$53 Calls – Range: 2.29-4.30 – Max Gain: 88%
$54 Calls – Range: 2.00-3.60 – Max Gain: 80%
$55 Calls – Range: 1.50-3.00 – Max Gain: 100%
$60 Calls – Range: 1.18-2.40 – Max Gain: 103%

Extended Watchlist:
CRMD, RIOT, ARQL, TEO, WEB, YTEN, SAGD

Blue Horseshoe Stocks: WGO Earnings Beat & More

Quick Updates

We won’t go into too much detail on these two plays, as we just did writeups on them in yesterday’s report, but each of the following stocks did continue their impressive runs yesterday so we wanted to update readers on the new highs and updates on the total possible gains since our initial alerts.

Gevo, Inc. GEVO – On Monday, we caught GEVO at a low of 4.42 and saw it explode from more than 300% in gain in a single session. Yesterday the trend continued as the stock traded in a daily range from 16.17-24.74. That represented an intraday move of 53% and the new high put our total observed two-day swing at an incredible 460%

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Canada Goose Holdings Inc. GOOS – After successfully calling a slew of winning options ideas in GOOS last week, yesterday we mentioned that the move in the stock itself was notable. Our observed low on GOOS from Friday was 53.18 and yesterday the stock reached a new high of 67.74. That’s a three day swing of 27%, which for a $50+ stock, is nothing short of incredible.

Winnebago Industries, Inc. WGO – Fresh Options Idea

We’re always on the lookout for fresh earnings beats to form options ideas from, and despite not currently being in the heart of an earnings season, we did take notice of Winnebago’s impressive beat. We’ll radar the WGO Weekly $43-46 Calls to coincide with the present activity.

Extended Watchlist:
CLPS, HUYA, BILI, TPIV, BTE, SNES, OPTN, FOXA