Longer-Term Options Plays & More

Smith & Wesson, Adobe Options Review: 

As usual on Friday morning we formulated some fresh options ideas for the day, and just like usual, we met with some serious intraday gain opportunities. We had some targets in the SWBI Weekly $20 Calls and the ADBE Weekly $555-570 Calls and found success across the board.

In both cases the daily activity on the stock was enough to propel our designated targets to some serious moves and gain chances for our readers. SWBI saw a big move that was good enough to record it as the 6th highest gainer on the big boards for the session and it scored us a four-bagger on our tracked contract set!

Here were the total possible profits that were on the table for anyone who caught our report:

SWBI Weekly $20 Calls
$20: .70-3.51 (+401%)
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ADBE Weekly $555-570 Calls
$555: 
5.30-12.92 (+144%)
$560: 2.02-8.20 (+306%)
$565: .43-3.53 (+721%)
$570: .86-2.02 (+135%)


Fresh Options Ideas:
TBIO 08/20 $17.50-20 Calls
MRNA 08/20 $195-210 Calls 


Extended Watchlist:
TRCH, AEI, MNOV, ENOB, PSWW, WNBD, NWGC, HPNN,  AHFD, BRTX

More Winning Options Plays

CRWD & PDD Options Update: 

We’ve been cruising right along this week with some really nice options plays yielding up considerable gain chances for ourselves and our readers. Our newsletters yesterday morning contained a bullish and a bearish idea in the CRWD and PDD chains, respectively.

Both companies had just released their earnings reports, and appeared to be gearing up to go in opposite directions. We targeted the CRWD Weekly $197.50-202.50 Calls and the PDD Weekly $152.50-148 Puts, and in both cases, our hunches paid off, with the CRWD ideas clearly being the more potent of the two. .

Here is the rundown of the single-session performances recorded by these plays: 

CRWD Weekly $197.50-202.50 Calls
$197.50: 3.15-14.00 (+344%)
$200: 2.40-12.07 (+403%)
$202.50: 1.86-10.00 (+438%)
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PDD Weekly $12.50-148 Puts
$152.50:
 8.01-12.95 (+62%)
$150: 6.28-11.25 (+79%)
$149: 5.00-10.02 (+101%)
$148: 6.45-10.15 (+57%)


Fresh Options Ideas: 

We’ve got another batch of earnings calendar plays this morning in the solar and retail spaces. Here are the chains and possible strike ranges that we find interesting today:

CSIQ Weekly $43.50-46 Calls 
WOOF Weekly $25 Calls
WSM Weekly $145-155 Calls 


Extended Watchlist: 
ICBU, NRPI, IMTL, MDRM, FORW, WARM, LQMT, BRTX, GRLT, ADTM

Bottom-Watch Play, Special Reminder & More

Bluebird Bio, Inc. BLUE – Bottom Watch  

We’re kicking things off for this fresh trading week by sharing an interesting potential bottom-play find that we ran across today. Oftentimes when we see a stock beset by class action lawsuit news releases, where legal firms are essentially begging investors to cry foul, we are able to take advantage of the resultant selloff. More often than not, nothing truly damaging comes from these scenarios, and we have frequently been the beneficiaries of such situations.

We’re going to place BLUE on watch for a possible recovery as it has been beaten down to untenable low levels in recent weeks, becoming incredibly oversold. There is a massive topside gap on the chart, the filling of which could create some excellent opportunities in the weeks and months ahead.

We are going to signal the BLUE 05/21 $30-40 Calls for observation and track them over the next several sessions. When and if a bottom bounce goes into effect, things could get very interesting for those targets.
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Fresh Options Ideas: 
DISCA Weekly $50-52.50 Calls
CTB Weekly $49-50 Calls 


Don’t Miss Tomorrow’s Report! 

We also wanted to give our readers a reminder to check out tomorrow’s premarket report, in which we’ll be revealing a silver play with a ton of upside potential!

Precious metals are hot right now especially with a fresh round of government stimulus in the works, which could damage the strength of the US dollar, and the company we will be presenting tomorrow represents a prime chance to hedge against that outcome. Watch those inboxes or head over to BlueHorseshoeStocks.com to catch the report around 9AM tomorrow!


Extended Watchlist: 
GNMD, BTZI, BFCH, GTEH, EFIR, BRTX, XTRM, ABPR, VSQTF, BFARF