Blue Horseshoe Stocks: Options Review

The Boeing Co. BA

Yesterday morning’s premarket report featured a range of calls in the Boeing options chain, after the company’s quarterly report yielded a number of positive factors. To attempt to take advantage of the activity, we signaled the BA Weekly $352.50-360 Calls.

While the stock didn’t have an eye-popping session by any means, the moves it did make facilitated some good intraday opportunities early on, and later in the day, some even better ones. Below are the best moves made by each of our tracked calls on the day:

$352.50 Calls – Range: 2.87-5.00 – Max Gain: 74%
$355 Calls – Range: 1.90-3.94 – Max Gain: 107%
$357.50 Calls – Range: 3.00-5.52 – Max Gain: 84%
$360 Calls – Range:  .67-1.93 – Max Gain: 188%


Mastercard, Inc. MA

To keep the options train rolling, we’re going to signal some calls in Mastercard, which, oddly enough, is a stock we’ve never mentioned in our reports.

It has been building a steady run up the chart for essentially the past two years, and is currently pushing its way further into blue skies following a strong quarterly showing.

We’re sure MA has long-term potential, but we’re more interested in taking advantage of the immediate situation, so we want to signal the MA Weekly $170-175 Calls for observation.


Extended Watchlist:
AAPL, BPMX, CORT, OPGN, PYPL

Blue Horseshoe Stocks: SPY Calls & More

SPDR S&P500 ETF (SPY)

After the previous two sessions of backsliding for the markets at large, today we could be in line to see a reversal, especially after a high impact jobs report which exceeded expectations, as the private sector added 234K jobs in January when 190K was the expected figure.

We’re going to focus on the SPY as we often do when we’re looking for a market analog, and signal some contracts for observation; the SPY Weekly $282-284 Calls.



The Boeing Co. BA

We also want to give our attention to Boeing this morning in the wake of a very positive earnings report. In addition to a beat on profits, the company boosted its 2018, including ratcheting up production of Jetliners by 7%.

As a result the stock soared in premarket trading, past previous resistance and into blue skies. We’ll look for a classic dip-and-rip scenario and turn our attention to the BA Weekly $352.50-360 Calls.


Extended Watchlist:
KCPC, NSPR, GEH, MTOR, MARA