SPY Archives - Page 196 of 208 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: SPY Calls Hit & More

RJD Green, Inc. RJDG

We included RJDG in yesterday morning’s premarket watchlist after noticing an attractive chart pattern building, and for our first day of observation, the stock got off to a really solid start. From a low of .0222, it ran to .0299 on the day, representing a single-session swing of 35%

As you can see on the included chart snapshot below, current indicators suggest RJDG could be primed for even more bullish activity, so we’ll continue to track as we cruise through midweek.

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Progressive Care, Inc. RXMD

We also want to mention RXMD for the third consecutive day this week. As we said yesterday,our February 22nd alert on the stock allowed us the chance to get in for as little as .0663.

During yesterday’s session itself, the stock once again broke out to new annual highs, hitting .1729, which marks a 161% upswing over a span of just nine trading days.

SPDR S&P 500 ETF (SPY) – Recap

Also in yesterday’s premarket report we included options ideas for the SPY, which looked set for another bullish session. We targeted the SPY 03/07 $272-273.50 Calls and got really good double-bag intraday results from all of those contracts.

$272 Calls – Range: .82-1.75 – Max Gain: 113%
$272.50 Calls – Range: .62-1.38 – Max Gain: 123%
$273 Calls – Range: .45-1.08 – Max Gain: 140%
$273.50 Calls – Range: .31-.82 – Max Gain: 165%

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Fresh Options Idea:
DLTR Weekly $95-92 Puts

Extended Watchlist:
IBIO, FRTA, ZSAN, MOMO, ADSK, FORM

Blue Horseshoe Stocks: RXMD Recap & More

Progressive Care, Inc. RXMD

It was just yesterday morning that we were patting ourselves on the back for our February 22nd alert on RXMD, which gave us and our readers a chance at getting into this one as low as .0663.

The stock continued on to see an increase of just under 100% as of yesterday’s premarket report, and then trading activity during the session allowed the stock to cross that double-bagger threshold.

To open up the week,RXMD traded from .1171 up to a new high of .165, marking an intraday rip of 41% and an overall increase of 149% over our initially observed low.

Options Ideas

We also have a trio of stocks that have recently reversed off of their relative bottoms, and could be in line for a more sustained recovery. We’re going to want to track a few ideas for extended term options plays in Walmart, GM, and Disney.

WMT 04/06 $95-97 Calls
GM 04/06 $39-40.50 Calls
DIS 04/06 $105-107 Calls

We’ll also track a few SPY calls, the 03/07 $272-273.50 Calls, as the markets have been ripping, and may very well continue to do so.

Extended Watchlist:
FRO, NXTD, CHUBK, RJDG, ABCCF, RNVA

Blue Horseshoe Stocks: Options Ideas & More

SPDR S&P 500 ETF (SPY)

As you are probably aware the SPY (the markets as a whole) had been on a historic run starting in early 2016 which persisted through January of this year, when we experienced some of the biggest selloffs in market history. The SPY began to rebound earlier this month, and was making a pretty good run at a recovery until yesterday brought another significant backslide.

Despite yesterday’s hiccup, the SPY has been in a general uptrend for the last couple of weeks, and today, it looks like we could resume the path toward ascension. We’ll be ;looking for the markets to go green today, which could produce some notable opportunities in the SPY 02/28 $275-276 Calls*.

*Please note that these contracts expire today, thus the associated risk is that of trading weekly options on a Friday. It should never be attempted unless you are an expert level trader with disposable funds.

The TJX Companies, inc. TJX

TJX is exhibiting a considerable surge in premarket trading today. Despite missing EPS estimates in their Q4 earnings call, the stock is gapping up to the tune of 8% this morning.

When we see a monster gapper like this, we generally look to signal a range of options calls that will come into play in a dip-and-rip scenario, which are quite common in instances such as these. We will be tracking the TJX 03/16 $80-85 Calls.

Extended Watchlist:
ECYT, ENPH, CTRV, GLNG, NIHD, VEEV

Blue Horseshoe Stocks: SPY Recap & More

SPDR S&P 500 ETF (SPY) – Recap

Our primary focus in Friday morning’s premarket report was the SPY, for which we had signaled and tracked a range of calls the previous day. Our initial targets were the SPY Weekly $270-272 Calls. and Friday we expanded that range to include the SPY Weekly $272.50-274 Calls.

After another bullish session for the SPY on Friday, we’ve got updates to the highs and overall possible gains on our original contracts, as well as the maximum intraday profits that could have been seized with our rolled up strike prices. All in all, we ended up with two incredible sets of one and two-day runners without a single dud in the bunch!

$270 Calls – Range: .85-5.32 – Max Gain: 526%
$270.50 Calls – Range: .70-4.69 – Max Gain: 570%
$271 Calls – Range: .52-4.33 – Max Gain: 733%
$271.50 Calls – Range: .39-3.80 – Max Gain: 874%
$272 Calls – Range: .30-3.31 – Max Gain: 1003%

$272.50 Calls – Range: .60-2.84 – Max Gain: 373%
$273 Calls – Range: .55-2.36 – Max Gain: 329%
$273.50 Calls – Range: .43-1.89 – Max Gain: 339%
$274 Calls – Range: .17-1.42 – Max Gain: 735%

DropCar Inc. DCAR

Catching our eye as a potential bottom-bounceplay this morning is DCAR, which, prior to today, has already begun to come up off of recently registered lows on Friday. As you can see on the included chart, our favorite indicators are clearly pointing up, with a MACD cross underway and a rapidly strengthening RSI.

This morning, a new catalyst has entered into the mix, with the company reporting a new agreement with Jaguar/Land Rover Manhattan. The dealership will use DropCar’s Enterprise Vehicle Assistance & Logistics technology platform to automate the pickup and delivery of customer vehicles for service and maintenance.

Despite gapping up moderately in the premarket, is still a fair bit of unrealized upside potential, so we’ll add DCAR to our radars and keep a close watch over it in coming sessions.

Extended Watchlist:
RAD, DPW, NAK, HZM, HD, BPMX, NBL, PGTI, NXPI, CVRS(FDA Approval)

Blue Horseshoe Stocks: SPY Ripping & More

SPDR S&P 500 ETF (SPY)

Fresh for yesterday’s premarket report was an idea we formulated for the SPY after it appeared we were headed for another bullish session, the SPY Weekly $270-272 Calls. When the markets behaved as we suspected they would, that provided us with some really great chances for single-session profits in our target contracts.

The gains were strong across the board, with the following excellent moves being made on the day:

$270 Calls – Range: .85-3.44 – Max Gain: 304%
$270.50 Calls – Range: .70-2.98 – Max Gain: 326%
$271 Calls – Range: .52-2.59 – Max Gain: 398%
$271.50 Calls – Range: .39-2.14 – Max Gain: 449%
$272 Calls – Range: .30-1.78 – Max Gain: 493%

Today, if the bonanza continues, we’ll look to roll up our strike prices to the 272.50-274 Calls today.

Under Armour, Inc. UAA – Final Update

This is the fourth day this week we’ve been tracking our UAA calls that we submitted in our premarket report on Tuesday, the UAA Weekly $15.50-16.50 Calls. We wanted to circle back around one last time to provide an update on the ranges we observed this week.

The lows listed represent those from Tuesday, and the highs were all registered yesterday, so the percentage figures given represent a three day overall upswing:

$15.50 Calls – Range: .60-2.85 – Max Gain: 375%
$16 Calls – Range: .34-2.38 – Max Gain: 600%
$16.50 Calls – Range: .16-2.00 – Max Gain: 1150%
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Fresh Options Ideas

Deere & Co. DE Weekly $167.50 Calls*
The Coca-Cola Co. KO Weekly $45* & 02/23 $46 Calls

*Please do not attempt to trade weekly options on a Friday unless you are an expert level trader with disposable funds.

Extended Watchlist:
NVAX, NSPR, MULE, SDRL, WEN, BPMX, AXL, HK(Form-4 Buy)