Blue Horseshoe Stocks: Mega Options Moves & More

Allergan plc AGN – Options Recap

After posting Q3 losses but still outpacing Wall Street’s expectations yesterday, was AGN. We noticed that, combined with the fact that the stock had just come off of a new 52-week low, and we pounced with a set of options ideas that all turned in incredible moves on the day.

It was the third time inside of the last week that one or more of our highlighted options contracts returned gains exceeded gains of a thousand percent in a single day! First it was Walgreens last Wednesday, followed by Walmart on Friday. Then yesterday, the AGN Weekly $175-180 Calls we signaled did it once again!

$175 Calls
– Range: .1.25-12 – Max Gain: 895%
$177.50 Calls – Range:  .78-10.80  – Max Gain: 1284%.
$180 Calls – Range: .53-8.54 – Max Gain: 1511%

A big pat on the back is in order for us, and huge cheers go out to any of our readers who were able to capitalize on our fantastic ideas!
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Fresh Idea: Alibaba Group Holding Ltd. BABA Weekly $187.50-195


Xunlei Ltd. XNET

We don’t want the fact that we’re providing mind-numbing gains via our options ideas to overshadow a great stock call we made on Monday of last week.

We signaled our interest in XNET, and on that morning the stock saw a low of 6.06, and hasn’t looked back since. Yesterday it ran all the way to a new high of 12.10, coming in just a hair under a double-bagger at 99% in a span of eight trading days.


Extended Watchlist:
ANSS, SPWR, MARA, RL, AMED, RIOT, TRVG

Blue Horseshoe Stocks: Options Ideas & More

Options Ideas

Tesla Inc. TSLA- With TSLA recently finding support after a month-long overall downtrend, and its earnings report coming up this afternoon post-market, we’re going to want to signal a few options contracts for observation.

A bullish head start yesterday may help the stock continue to run into earnings, and could turn the TSLA  Weekly $330-337.50 Calls into premium targets as we head into the end of the week.

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Allergan plc AGN – Despite posting a Q3 loss, AGN beat expectations, and did see an 11.4% hike in quarter-over-quarter revenues. Combined with the fact that the stock has just come off of a new 52-week low, and it makes us very interested in this as a potential recovery play.

Accordingly, we are going to put the AGN Weekly $175-180 Calls on watch for the remainder of the week, and depending on how the activity shakes out, we may want to look out to next week’s contracts if it appears a more protracted rebound is in the cards. We’ll revisit that possibility later in the week if necessary.


Apptio, Inc. APTI

We also want to provide a quick performance update on APTI, which we included in yesterday’s premarket report.

It wasn’t a blockbuster day by any means, but it did manage to rise from a low of 20.57 to as much as 24.47. That’s a 19% intraday increase, and a very respectable single-session gain for a stock that started out above $20 to begin with. It made the move on more than thirteen times the monthly average volume, so we’ll definitely let this one keep its slot on our watchlists for the time being.


Extended Watchlist:
BGFV, KNDI, BBOX, IBN, GRMN, SKLN, TNK,