Big Gainers, New Ideas

Donaldson Company Inc. DCI

With the earnings calendar still looking a bit light following the Thanksgiving lull, we are seeing one potential opportunity showing some synergy with the current market environment.

DCI missed on earnings published this morning, while also having been exhibiting a strong double top formation (bearish signal). Along with what looks to be a strong chance of another lackluster day for the markets at large, we are going to begin tracking the DCI 12/20 $50-45 Puts. 


Kodiak Sciences, Inc. KOD 

We also wanted to review the epic single session performance of KOD, which we included in yesterday’s premarket extended watchlist.

The stock responded with a huge run from 35.00 to a high of 72.97. That works out to an intraday surge of 108% which is simply incredible for a stock in this price range.


Organogenesis Holdings Inc. ORGO

Lastly, we’ve got a number of factors drawing our interest to ORGO. From a technical standpoint, the stock is looking ripe for rebound off of its bottom and potential topside gap fill.

Meanwhile, an institutional insider filed a Form-4 for the purchase of $30M near the current lows. When considering the entire picture, ORGO is definitely one that we will want to observe closely in the days, and possibly weeks ahead.


Extended Watchlist: 
ADSV, ADAP, ABIL, ABEO, AXSM, SNSS, ORTX, BRMK

Blue Horseshoe Stocks: SPY Update

SPDR S&P500 ETF (SPY) – Update

Our fresh options idea to kick off the new trading week yesterday utilizing the SPY started off on a good foot. It’s something we always come back to because of the predictable way it behaves and trades.

We designated the SPY 06/19 $289-290.50 Calls as our contracts of interest, and the markets’ activity played into our hands nicely, for a start. Here were the gains that were made possible on the day yesterday:

$289 Calls – Range: 1.50-2.00 – Max Gain: 33%
$289.50 Calls – Range: 1.24-1.73 – Max Gain: 40%
$290 Calls – Range: 1.00-1.45 – Max Gain: 45%
$290.50 Calls – Range: .80-1.15 – Max Gain: 196%

The SPY is gapping up once again today, and we expect all of these calls to open deep in the money and see new highs. We’re going to continue to monitor these, but also look to roll up and include the $291 and $291.50’s in our watchlist as well.


Robert Half International, Inc. RHI

We’ve got another fresh idea based on the technical setup of the RHI chart, which has been trending up off a double bottom. We see some decent volatility potential, and a topside gap to fill on the chart. This is going to be a longer term idea, which could ultimately turn into a solid recovery play.

We are going to place the RHI 09/20 $55-65 Calls on watch for the weeks and months ahead. RHI most likely wouldn’t even have to fill that gap for us to see results. A run at the 200DMA or even 50DMA would likely produce significant gains in those contracts.


Extended Watchlist:
KOOL, AVXL, CLVS, SHIP, NMR, ABEO, TIGR, NBEV, JAGX

Blue Horseshoe Stocks: More Big Wins, Bottom-Play

Friday’s Big Wins

We continue to pepper our readers’ inboxes with options ideas almost every day, and Friday’s report was no different. We featured a pair of fresh ideas in the ROKU and TTD chains, and hit the nail on the head with both of them to close out another solid week with strength!

The following single-session gain opportunities were there for the taking after both stocks had productive sessions on the heels of their earnings reports. TTD and ROKU took the 3rd and 6th top gainer spots, respectively, for the whole of the NASDAQ on Friday.  Out of eight sets of contracts, all eight recorded multi-bag runs on the day, with the ROKU moves being considerably more impressive. 

Roku, Inc. ROKU Weekly $53-56 Calls

$53 Calls – Range: 2.42-11.89 – Max Gain: 391%
$53.50 Calls – Range: 1.90-11.00 – Max Gain: 479%
$54 Calls – Range: 1.65-10.86 – Max Gain: 558%
$54.50 Calls – Range: 1.27-9.87 – Max Gain: 677%
$55 Calls – Range: 1.12-9.95 – Max Gain: 788%
$56 Calls – Range: .75-8.84 – Max Gain: 1079%
______

The Trade Desk Inc. TTD Weekly $170-175 Calls
$170 Calls – Range: 9.65-27.37 – Max Gain: 184%
$175 Calls – Range: 4.60-26.00 – Max Gain: 465%


Fresh Options Idea:
SPDR S&P500 ETF (SPY) 02/25 279.50-281 Calls*

* These options expire at the end of today’s session. Do not attempt to trade unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
ABEO, YRIV, NTLA, TTNP, BMRN, LX, NIO, PIR, SOGO, INSG, ARWR, SOLO, UNIT (Bottom-Watch)

Blue Horseshoe Stocks: SODE New Highs & More

Social Detention, Inc. SODE

It was just yesterday morning that we commenting on our coverage of SODE, the subject of a special report we did two weeks ago, at which time the stock was trading for as little as .10.

We mentioned the 53% gain it had already made leading into yesterday’s session,
and that we wanted to watch for it to establish higher highs and higher lows, continuing its current uptrend.

We didn’t have to wait for new highs to come rolling in- SODE once again pushed its upper limits and attained a high of .27, marking an overall two-week upswing of 170% It traded with volatility as well, providing not one but four separate intraday swings, as you can see on the intraday chart below.

In sequential order, those swings came from .145-.26 (+79%), .19-.26 (+37%), .19-.27 (+42%) and from .20-.26 (+30%), for cumulative gains of 188% on the day.


Signet Jewelers Ltd. SIG – Options Idea

With SIG posting a solid beat on earnings this morning, we’re going to want to be standing ready with a set of options ideas to take advantage of what is some intense premarket acivity, with the stock in the process of filling a gap on the chart from late March.

Based on the stocks early hours performance, we’re going to slate the SIG Weekly $47.50-50 Calls for observation as we head through this midweek.


Extended Watchlist:
ABEO, AXON, MEIP, NLST, DOVA, FATE, SNES

Blue Horseshoe Stocks: PSMT Review & More

Pricesmart, Inc. PSMT

On Friday morning, we selected a pair of contracts in the PSMT options chain, and we want to start off this new trading week by updating our readers on the excellent progress those calls made.

Our targets were the PSMT 04/20 $80 & $85 Calls and some very nice intraday gains were posted on both counts. The $80 Calls made their way from a low of 5.12 up to 10.98 for a move of 114% while The $85’s traded up from  2.50 to 6.70, marking a 168% rip.


NII Holdings, Inc. NIHD

We also want to look back on the recent performance of NIHD. We placed this stock on watch in our report from the morning of February 28th, and after seeing its low the following day, the stock hasn’t looked back since.

From that low, which came in at 1.115 (03/01), NIHD has gradually pressed its way up as high as Friday’s mark of 2.6092, which represents a 134% swing in the course of five trading weeks.


Extended Watchlist:
MYSZ, ABEO, HEAR, TEUM, LUK, EYEG, SGMO, NVCN (Bottom-Bouncer)

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