ACST Archives - Blue Horseshoe Stocks

Excellent Options Plays & More

Moderna Inc. MRNA – Update:

On Monday morning, we began tracking some August calls in the MRNA chain, the MRNA 08/20 $195-210 Calls. In yesterday’s report, we updated readers on the modest moves they made, and also issued an added idea in the MRNA Weekly $210-212.50 Calls, just to make things even more interesting.

Both sets of ideas have flourished as MRNA has posted two excellent daily performances in a row, rising from around $200 to more than $220. That has facilitated some highly respectable moves in every last one of our designated targets.

Here are the two-day ranges on the August calls and the intraday run recorded by the weeklies yesterday:

MRNA 08/20 $195-210 Calls
$195: 23.50-36.05 (+53%)
$200: 18.00-33.47 (+86%)
$210: 13.55-27.50 (+103%)
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MRNA Weekly $210-212.50 Calls.
$210: 5.20-13.50 (+160%)
$212.50: 4.32-11.00 (+155%)

Korn Ferry KFY – Recap:

Also new in yesterday’s premarket offerings were our targets in the KFY options chain. We signaled interest in tracking the KFY Weekly $65-70 Calls, and are pleased to report that those contracts made monster moves on the day.

KFY Weekly $65-70 Calls
$65: 2.00-6.10 (+205%)
$70: .55-3.00 (+445%)

Fresh Options Ideas:
PDCO 07/16 $34-31 Puts
WGO 07/16 $65-70 Calls

Extended Watchlist:
ACST, CLOV, ENTX, RETO, SEAC, KYNC, RSHN, SSOF, GTII, ZONX, XLFS, LGBI, NXGT, EVLI, DRNK, IJJP, ADGO

RAD Updates & More

Rite Aid Corp. RAD – Update.

We have been attacking the RAD options chain on a number of fronts, most recently being Friday morning, when we issued a couple of sets of ideas. Today we will focus on those expiring this Friday, which were the RAD 01/03 $21-23 Calls.

We’ll continue to monitor these plays throughout the rest of this holiday-split week, but for now, here were the ranges and total possible gains on those five sets of RAD contracts:

$21 Calls: 2.00-4.90 (+145%)
$21.50 Calls: 1.07-2.51 (+135%)
$22 Calls: 1.50-2.46 (+64%)
$22.50 Calls: 1.18-2.10 (+83%)
$23 Calls: .78-2.01 (+158%)

We also signaled interest in a much longer term RAD idea on Friday morning, with the RAD 04/17 $27-30 Calls, which we are not quite ready to report on just yet, but will continue to monitor into the New Year.
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Fresh Options Idea:
Pampa Energia PAM 03/20 $22.50-25 Calls

Extended Watchlist:
NIO, ACST, SVRA, YAYO, NIO, SPHS, OCUL

Blue Horseshoe Stocks: 900% Gainer & More

SPDR S&P500 (ETF) SPY – Options Explode

Yesterday morning we added a fresh options trading idea for the SPY chain, namely the Weekly $289.50-291 Calls and we are happy to report that not only was our idea spot-on, but the intraday gains made possible were rather eye-popping.

Here are the total possible profits that our readers could have snagged in a single session on the strength of our ideas, including an incredible NINE-BAGGER!

SPY Weekly $289.50-291 Calls
$289.50 Calls – Range: 1.10-2.61 – Max Gain: 137%
$290 Calls – Range: .73-2.29 – Max Gain: 214%
$290.50 Calls – Range: .52-1.75 – Max Gain: 237%
$291 Calls – Range: .15-1.51 – Max Gain: 907%
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Fresh Idea:
BBBY Weekly $13-12 Puts

Ocugen Inc. OCGN

We also want to provide a brief update on another recent call we made, with OCGN. We tagged this one for observation as a bottom-play this past Friday morning, and already we’ve seen a pretty good swing to the upside.

The stock has traded in a range from 1.22-2.04 this week, marking a respectable move of 67% We’ll be interested to see if it can continue to register new highs for us in coming sessions.

Sundial Growers, Inc. SNDL

We are seeing a very intriguing potential play on cannabis grower SNDL this morning. The recently-IPO’d stock has taken a bath in the two months following its first trades, having already been embroiled in a class-action suit. Yesterday the company showed that the claims of the lawsuit are essentially baseless, and the PPS began to recover.

We’re going to keep a close eye on the activity here in the days and weeks ahead, as the technicals of the chart are screaming upside potential at the present time. Not to put the cart before the horse, but we feel that a double from current pricing would not be out of the realm of realistic possibility.

Extended Watchlist:
TBSS, TPTX, OSTK, FOLD, ACST, AMRS, UUUU

Blue Horseshoe Stocks: DIS Options

The Walt Disney Co. DIS

The first thing on the menu this morning is to take a look at Disney on the heels of ESPN+ securing US broadcast rights to Bundesliga soccer from 2020 to 2026.

The stock is already exhibiting a fairly solid double bottom formation. What we want to see is DIS holding above the 200DMA of 125.98, and if it can manage that, we’re going to be very interested in the DIS 11/08 $133-136 Calls.

Atreca, Inc. BCEL

We also want to radar BCEL, which is a bottom-play candidate for us as we kick off this fresh trading week. The stock nearing the 3-month mark since its IPO, and is not trading far off of its records lows at the moment.

We’re going to want to keep an eye on this play for a potential reversal ion the days and weeks ahead. The stock had a swing of over 100% last month near these levels, so we will be interested to watch and see if it can repeat itself.

Extended Watchlist:
FOSL, PAGP, BBBY, ACST, MGI, NEPT, SAEX, DF, KOOL

Blue Horseshoe Stocks: Friday Wrap-Up

Wrapping Up a Solid Week

Once again, we’ll turn in our cards for the week with multiple multi-bag winners. Our quick-strike options ideas are second to none. We’d invite anyone who disputes that to point us to a better options newsletter!

We’ve been running with FDX and MU since Wednesday morning’s premarket report. We had already seen gains in the 500% range on FDX and the 100-200% range on MU that day.

We continued to monitor the FDX calls, as well as roll up to a higher strike price on MU for yesterday’s session. Once again we met with great success. So, first thing this morning, we want to take a look at the updated figures of the total possible gains on these plays.

FedEx Corp. FDX – Weekly $157.50-160 Calls.

$157.50 Calls – Range: .59-6.60 – Max Gain: 1017%
$160 Calls – Range: .35-4.40 – Max Gain: 1157%
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Micron Technology, Inc. MU – Weekly $37 Calls.

$37 Calls – Range: .31-1.39 – Max Gain: 348%

We’re going to roll up on MU once again to stay close to the action, and will be tracking the $38-38.50 Calls as we close out out another great week for options trading. Just remember, never trade options with a weekly expiration on Friday unless you’re an expert level trader with access to disposable funds!
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More Fresh Options Ideas
STZ Weekly $197.50-202.50 Calls
SPY Weekly $292 Calls

J.Jill, Inc. JILL

We also wanted to provide a quick update on a stock we tagged for observation a couple of weeks back on the 12th. JILL had been building a solid base and moving up slowly since then, up until yesterday when it really kicked things into another gear.

We observed a low of 1.54 subsequent to our initial alert, and yesterday’s new high came in at 2.29, marking an upswing of 49%

Extended Watchlist:
DMPI, FRSX, CUR, AREX, RAD, NAK, PSN, ACST, PHUN, OBLN, CJJD, NAKD, HAIR, JAGX, ATAI