Winning Options Review & More

Adobe, Inc. ADBE – Review 

On Friday morning, we reminded readers to stick with our preexisting options idea for ADBE. which was gearing up big in the premarket to make some serious gains. Our targets were the ADBE $397.50-$405 Calls.

In addition to making multi-bag moves overnight, those options ideas did in fact deliver on the Friday intraday gains that we essentially guaranteed.

ADBE $397.50-$405 Calls
$397.50: 2.19-11.08 (+405%)
$400: 1.53-9.23 (+503%)
$402.50: 1.35-6.72 (+398%)
$405: .68-5.01 (+637%)


Other Updates

We had also signaled some contracts in a couple of other chains as well on Friday morning, and in both cases, we witnessed some decent intraday gains. They didn’t go parabolic, but still posted the following respectable moves on the day:

BITA 06/19 $15-17.50 Calls
$15:
1.20-1.65 (+38%)
$17.50: .35-.50 (+43%)

PLAY Weekly $15.50-16.50 Calls
$397.50:
 1.31-2.20 (+68%)
$400: 1.11-1.90 (+71%)
$402.50: .95-1.60 (+68%)
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Fresh Options Idea:
SPY 06/15 $300-298 Puts*

*Trading these puts is tantamount to trading weekly contracts on a Friday. Do not attempt to do so unless you are an advanced trader with access to disposable funds. 


Extended Watchlist:
FORW, DTGI, BLLB, HMNY, ZHUD, BSGM 

Wrapping Up A Solid Week

Zhuding International Ltd. ZHUD

Earlier this week, on Tuesday and Wednesday mornings, we drew attention to ZHUD via our extended watchlists. The stock started off at a low of .0615 on Tuesday, hitting a high of .09, and the run-up continued through ensuing two sessions.

Yesterday, ZHUD managed a new high of .1145, and that works out to an increase of 86% It marks yet another OTC play that’s produced solid gain opportunities for us recently.


Adobe, Inc. ADBE – Reminder

We wanted to point out that the idea we formulated yesterday morning in the Adobe chain is still very much alive. While the stock didn’t make headway yesterday, we are observing a gap-up this morning in the premarket, and those calls should open up with some very nice profit chances for anyone who snapped them up yesterday.

The targets were the ADBE $397.50-402.50 Calls, so we’ll be watching those as well as adding the $405′s to the equation to track into the close today as we wrap up another trading week.
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Fresh Ideas:
BITA 06/19 $15-17.50 Calls
PLAY Weekly $15.50-16.50 Calls


Extended Watchlist:
ITOX, SSFT, BYRN, MLFB, XHUA, SEGN, FCEL

Options, OTC Updates

Options Reviews:

Despite a poor start to the day. the fresh options ideas we formulated for yesterday morning’s premarket report surged late in the session. The markets caught a momentary respite from the day’s losses leading up to the Fed meeting.

Here were the intraday gains posted by the targets we were tracking as the market spike occurred in the mid-afternoon:

SPY Weekly $321-323 Calls
$321: 1.41-3.50 (+148%)
$321.50: 1.85-3.47 (+88%)
$322: 1.69-2.93 (+73%)
$322.50: 1.51-2.65 (+75%)
$323: 1.33-2.40 (+80%)
_____

AMC Weekly $6-6.50 Calls
$6: .57-.93 (+63%)
$6.50: .35-.60 (+71%)
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Fresh Ideas:
ADBE $397.50-402.50 Calls
LULU Weekly $315-225 Calls 


OTC Recaps:

Bantek, Inc. BANT  – We had also recently signaled interest in BANT via our extended watchlist on June 1st. We’ve been including a lot more coverage of random OTC plays, and the success with those speculations has continued at a good pace.

Over the eight-session period that we’ve had it in our sights, BANT has traded up from a low of .0031, and went as high as .0085 yesterday. That’s an upswing amounting to 174%
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Ethema Health Corp. GRST – We tagged GRST in yesterday morning’s report, and saw a solid double-bag move there as well. The stock traded in a range from .0007-.0017, marking a 143% rip.


Extended Watchlist:
HYSR, PMCB, KBLB, DLCR, KGKG, OMID, HEXO

Friday’s 40,000% Gainer

Incredible Options Gains

Even as markets around the globe struggle with the unprecedented effects of the novel coronavirus, chances for ridiculously large profits have been available to short-term traders. On Friday, we submitted some options ideas in our premarket report, and among them came the top gaining idea we have ever produced in our entire recorded history. All in one session.

We signaled interest in the AVGO Weekly $220-230 Calls and the ADBE Weekly $295-305 Calls, and saw some eye popping gains, including an unbelievable 40,000% runner!

AVGO Weekly $220-230 Calls
$220: .03-12.40 (+41233%)
$225: .01-4.30 (+42900%)
$230: .02-2.00 (+9900%)
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ADBE Weekly $295-305 Calls 
$281: 22.00-40.09 (+82%)
$280: 4.00-21.00 (+425%)
$279: 1.64-15.00 (+876%)


Target Corp. TGT – Update 

On Thursday morning we signaled a range of extended-term TGT ideas, the TGT 04/03 $98-90 Puts. In addition to current market conditions, the stock was exhibiting a gap to the low-side, and undergoing insider sales. It has created a perfect storm for shorts, and with the way things are going, the rewards should be there for the reaping this week.

We just wanted to remind everyone to watch these plays closely in the next few sessions, as we still expect to see significant gains from these ideas.


Extended Watchlist:
AYTU, KAVL, ZAAG, MRNA, NVNT, OCUL, INO

Scoring Multi-Bag Gains with the SPY

More SPY Success

Our perfect handling of a situation that has had traders running scared shows exactly why we consider ourselves to be the best free trading newsletter on Earth. Even during the worst backsliding days the markets have ever seen, we have stayed the course, and delivered impressive multibag gains.

We invite any skeptics to go to our newsletter archive BlueHorseshoeStocks.com, check our work, and see for themselves. Nearly 9 YEARS of our daily newsletters are right there, searchable to anyone. You’ll never catch us shying away from an opportunity, even in the face of a global pandemic.

Yesterday our report focused on the SPY Puts that we signaled earlier in the week (SPY Weekly $282-279 Puts), and an updated strike range as well (SPY Weekly $262-259 Puts). We said that new highs should be expected in the ones we were already tracking and that’s exactly what happened. We also cautioned of another 15-minute trading halt, and that came to pass as well. So it’s no surprise that our new ideas also flourished.

Here are the total possible gains on all those ideas that our readers could have grabbed a piece of this week: 

SPY Weekly $282-279 Puts
$282:
 6.65-32.48 (+388%)
$281: 6.20-34.68 (+459%)
$280: 5.71-33.51 (+487%)
$279: 5.33-32.28 (+505%)

SPY Weekly $262-259 Puts
$262:
 4.75-16.85 (+255%)
$261: 4.20-16.09 (+283%)
$260: 4.00-15.36 (+284%)
$259: 3.75-14.56 (+288%)


Fresh Ideas

The markets have been on a seesaw, and perhaps with futures indicating a little relief on the way to close out the week, we may have some room for some earnings-related ideas as well. These are the plays we’ll be tracking to close out what has been one wild week of trading!

ADBE Weekly $295-305 Calls
AVGO Weekly $220-230 Calls
DG Weekly $149-155 Calls 

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