Form-4 Alert & More

Options Review 

We closed out the trading week on Friday morning with some fresh options ideas, namely the SPLK Weekly $134-138 Calls. The moves we observed in those contract sets were highly impressive, with enormous multi-bag runs across the board.

The total possible profits on the table for daytraders were as follows:

$134 CallsRange: 1.79-6.50 – Max Gain: 263%
$135 Calls – Range: 1.15-5.80 – Max Gain: 404%
$136 Calls – Range: .83-5.70  – Max Gain: 586%
$137 Calls – Range: .50-3.70 – Max Gain: 640%
$138 Calls – Range: .26-2.74  – Max Gain: 954%

Cheers to anyone who took advantage of this unbelievable quick-strike opportunity!


Ebix, Inc. EBIX – Form-4 Alert

We caught a Form-4 insider buying alert on EBIX this morning. That’s when we noticed the prime bottom positioning of the chart, complete with a significant gap to the topside. This will be a perfect candidate to identify some longer-term options plays we have interest in tracking.

We’ll be looking at the EBIX 03/20 $30-40 Calls in the days and weeks ahead.


Extended Watchlist:
ANAB, SAML, ATNM, TEVA, ICPT, ZGNX, CYIO, SAML

Blue Horseshoe Stocks: Wednesday’s Runners, Fresh Ideas

Reviewing Yesterday’s Runners

To start off the week yesterday morning we formulated a trio of fresh options idea to track, and we can gladly announce that all three produced the opportunity to net multibag gains. Our options ideas have been as good in 2019 as any time in our eight year history, and we ain to keep that trend going!

Take a look at yesterday’s fresh ideas, and the bullish activity they recorded:

KNDI Weekly $6-7 Calls

$6 Calls – Range: 1.35-2.90 – Max Gain: 115%
$7 Calls – Range: .72-2.10 – Max Gain: 192%
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GDXJ Weekly $34-34.50 Calls

$34 Calls – Range: .52-1.02 – Max Gain: 96%
$34.50 Calls – Range: .26-.58 – Max Gain: 123%
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GRMN Weekly $74.50-76.50 Calls

$74.50 Calls – Range:
2.90-8.06 – Max Gain: 178%
$75 Calls – Range: 1.52-8.35 – Max Gain: 449%
(There are no $75.50 Calls)
$76 Calls – Range: .71-6.80 – Max Gain: 858%
$76.50 Calls – Range: .72-6.12 – Max Gain: 750%
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Fresh Options Ideas – In addition to continuing to keep an eye on the previously mentioned plays, we will also add to the pool with another couple of ideas today. In these cases we are going to go bearish.

Domino’s whiffed on earnings and revenue in its premarket release today, while same-store sales increased only slightly. Meanwhile, the high profile injury to Duke basketball player Zion Williamson last night caused by a Nike shoe malfunction, has the potential to have a deleterious effect on Nike’s stock in the near term.

Domino’s Pizza Inc. DPZ Weekly $270-260 Puts
Nike, Inc. NKE 03/15 $84-83.50 Puts


Extended Watchlist:
ESNC, CVRS, ATNM, HTGM, BOXL, GEVO, KL, GOGO

Blue Horseshoe Stocks: Tech Options Review

OPTIONS REVIEW

We were banking on a market reversal yesterday in tandem with good performances from a couple earnings plays that we formulated some options ideas for, and got everything we wanted.

Both of the plays were in the tech sector, which turned out to see some of the highest incidences of recovery, and it facilitated some very nice gain opportunities for anyone who was paying attention to our ideas.

Despite the appearance of yet another reversal and possibly another down day, we are quite pleased with the double-bag, single-session gains afforded to us by these two tech stocks.

TSLA Weekly $310-317.50 Calls
$275 Calls
– Range: 3.73-8.81 – Max Gain: 136%
$275.50 Calls – Range: 3.10-7.35 – Max Gain: 137%
$276 Calls – Range: 2.41-6.21 – Max Gain: 158%
$276.50 Calls – Range: 2.05-5.04 – Max Gain: 146%
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MSFT Weekly $104-107 Calls
$275 Calls
– Range: 2.10-5.40 – Max Gain: 157%
$276 Calls – Range: 2.12-4.45 – Max Gain: 110%
$276 Calls – Range: 1.58-3.58 – Max Gain: 127%
$277 Calls – Range: 1.10-2.75 – Max Gain: 150%

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We also had a fresh idea on Wednesday morning with The Boeing Co. BA Weekly $357.50-367.50 Calls and the surge in the markets yesterday also allowed those contracts to get legs and make some very respectable moves:

$275 Calls – Range: 4.00-7.70 – Max Gain: 93%
$275.50 Calls – Range: 2.60-6.00 – Max Gain: 131%
$276 Calls – Range: 1.85-4.32 – Max Gain: 134%
$276.50 Calls – Range: 1.15-2.90 – Max Gain: 152%
$277 Calls – Range: .77-1.85 – Max Gain: 140%
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Fresh Ideas:
INTC Weekly $44-45.50 Calls*

*NEVER trade weekly options on a Friday unless you’re an expert level trader with disposable funds!


Extended Watchlist: 
OHGI, NSPR, ATNM, NAUH, GT, PLG, LOGM, TRVN