Tag: AAP

Blue Horseshoe Stocks: AAP Recap & More

Advance Auto Parts, Inc. AAP

One of yesterday’s two options ideas that we offered up to our readers, AAP’s daily performance was the most pronounced. The machinations of the stock allowed for notable intraday gain opportunities, on the heels of the company’s Q2 earnings call. Those gains were as follows:

$145 Calls – Range: 8.92-14.55 – Max Gain:  62%
$150 Calls – Range: 4.80-9.67 – Max Gain: 40%
$155 Calls – Range: 2.50-5.40 – Max Gain: 51%

We’ve also caught word of a large share repurchase, so despite the fact that AAP is already in blue skies, we’ll continue to monitor these ideas.


The Home Depot, Inc. HD

The other fresh idea from yesterday’s report were the HD Weekly $195 & 197.50 Calls, and those also managed to produce significant chances for profits on the day.

The $195’s traded in a range from .81-2.46, a gain of 204% while the $187.50’s ran from .39-1.28. That was good for intraday gains of 228%


Energen Corp. EGN

Another longer-term set of ideas we recently offered up, the EGN 09/21 $75 & 77.50 Calls, have also begun to produce results. The $75 Calls gone from  1.10-1.95 (+77%), and the $77.50’straded from .90-1.10 (+22%).

While those are merely marginal moves, the stock is gearing up for another bullish session, gapping up significantly here in the premarket. We expect to see the ranges on these calls extended by a significant margin today.

FRESH OPTIONS IDEAS:
Constellation Brands, Inc. STZ  just purchased an additional $4B stake in Canopy Growth Corp. CGC,putting the beverage manufacturer effectively into the cannabis business. We will signal some calls here in both cases.For STZ, the 09/14 $220 & 222.50 Calls, and for the Canopy chain- the CGC 09/21 $30-40 Calls.

Extended Watchlist:
VLRX, GST, SXE, IDRA, STAF, NEPT

Blue Horseshoe Stocks: NLSN Update & More

Neilsen N.V. NLSN

One of the items of interest from our premarket report yesterday morning was a selection of options ideas, including the NLSN  09/21 $25-27 Calls. Despite being a longer-term set of ideas, with more than a month until expiration, it still paid instant single-session dividends.

$43 Calls – Range: .65-1.05 – Max Gain:  62%
$43.50 Calls – Range: .50-.70 – Max Gain: 40%
$44 Calls – Range: .33-.50 – Max Gain: 51%

The gains weren’t eye-popping but it was definitely a good start, with the NLSN chart still boasting a sizable gap to the upside which was only partially filled by yesterday’s activity. We’ll continue to monitor the situation.
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FRESH OPTIONS IDEAS:
The Home Depot, Inc. HD Weekly $196-197.50 Calls
Advance Auto Parts, Inc. AAP Weekly $145-155 Calls

Extended Watchlist:
GEVO, NANO, EYE, BZUN, TUR

Blue Horseshoe Stocks: Trio of Post-Earnings Options Ideas

Trio of Post-Earnings Options Ideas

As our regular readers are more than aware, we are always looking in the earnings calendar to find potential quick-strike options trading opportunities. After a strong earnings report, chances to take advantage of the clamor for shares are often plentiful.

This morning we’ve got three separate ideas, to help us try to do just that. After solid reports all around we’re looking to formulate ideas for The TJX Companies, Inc. TJX, Advanced Auto Parts, Inc. AAP, and Kohls Corp. KSS options chains.

TJX 06/15 $85-90 Calls
AAP 06/15 $120-130 Calls
KSS Weekly $67.50-69.50 Calls

Agile Therapeutics, Inc. AGRX

Another thing we’re always looking for is bottom-play opportunities. We want to place AGRX on watch after seeing the stock get absolutely crushed over the past few sessions.

The short interest has risen dramatically as you can see on the AGRX page of Naked Short Report, and caused a serious gap down to perhaps unsustainably low levels. When an influx of buyers looking for a bargain comes in, we could see that gap begin to fill. We’ll have it on a close bottom watch.

Extended Watchlist:
MU, DNR, TGA, SYN, GSM