Multibag Gains Coming Left and Right

Galaxy Next Generation, Inc. GAXY

To kick things off today, here is an OTC play we’ve recently been tracking that has absolutely blown its top.  Our initial tag of GAXY came on July 14th, and we came back for updates a few times throughout the course of August, and while it was already an impressive play, the new highs it has hit this week have pushed it to another level.

Our observed low on GAXY subsequent to our first alert on the stock came in at ,0025. After several weeks of positive movement, GAXY has now hit a new high of .0599. Overall that counts for an exceptional increase of 2296%


Options Review: 

We certainly got things right with yesterday’s fresh options ideas, putting forth targets for CRM, PLAN, and DKS. Absolutely everything worked out, regardless of which chain or strikes within our designated ranges were chosen.

Here are the single session gains that we witnessed on the day:  

CRM Weekly $235-245 Calls
$235:
 15.00-43.00 (+187%)
$240: 10.75-37.00 (+244%)
$245: 8.32-32.41 (+289%)

PLAN 09/18 $57.50-65 Calls
$57.50:
 3.73-6.30 (+69%)
$60: 2.97-5.10 (+72%)
$65: 1.57-2.70 (+72%)

DKS Weekly $51-52 Calls
$51:
 1.15-3.50 (+204%)
$51.50: 1.00-2.95 (+195%)
$52: .85-2.55 (+200%)


Fresh Options Ideas:
OSPN 10/16 $22.50-25 Calls
BURL Weekly $195-197.50 Calls
TIF Weekly $122-123 Calls
DG Weekly $205 Calls 


Extended Watchlist:
TTCM, GHHC, TWOH, TLSS, SDEC

Blue Horseshoe Stocks: HUGE Options Week!

Huge Options Week

If you’ve been following our reports for awhile now, at this point you’ve realized that we provide really great short-term options trading ideas on a regular basis, and this week was certainly no exception.

Out of four separate fresh trading ideas we formulated in yesterday’s report, all four proved to be big winners, with the help of another solid day of bullish activity for the markets as a whole.

Here’s what we were tracking, and the total possible gains that traders could have netted as a result: 

SPY Weekly $290-292 Calls

$290 Calls – Range: 1.85-3.50 – Max Gain: 89%
$290.50 Calls – Range: 1.60-3.00 – Max Gain: 88%
$291 Calls – Range:1.25-2.60 – Max Gain: 108%
$291.50 Calls – Range: .98-2.15 – Max Gain: 119%
$292 Calls – Range: .78-1.78 – Max Gain: 128%
____

BURL Weekly $187.50-192.50 Calls
$187.50 Calls – Range:
 10.22-17.80 – Max Gain: 74%
$190 Calls – Range: 8.02-15.90 – Max Gain: 98%
$192.50 Calls – Range: 6.00-13.40 – Max Gain: 123%
_____

DG Weekly $150-152.50 Calls
$150 Calls – Range:
 .90-7.10 – Max Gain: 689%
$152.50 Calls – Range: .54-4.98 – Max Gain: 822%
_____

NTNX Weekly $23-24 Calls
$23 Calls – Range:
 1.20-2.92 – Max Gain: 143%
$23.50 Calls – Range: 1.25-2.52 – Max Gain: 102%
$24 Calls – Range: .70-2.06 – Max Gain: 194%
____

MORE FRESH IDEAS:
BIG 09/20 $25-27.50 Calls
ULTA Weekly $265-260 Puts


Fang Holdings Ltd. SFUN 

We also want to throw in a quick highlight of SFUN, which we caught off of the earnings calendar this morning, in a pretty solid bottom-bounce setup. The stock’s coming off of annual lows registered earlier this month, and showing good momentum.

The earnings report was a mixed bag, with perhaps a main highlight being a 290% in revenue from the company’s lead generation services. We are mostly interested in tracking SFUN from a technical standpoint. The upside potential is certainly there.

Blue Horseshoe Stocks: SPY Updates

SPDR S&P500 (ETF) SPY – Recap 

Thanks to a solid day for the markets yesterday, the successful options idea we dropped for the SPY on Monday morning turned in yet another huge day of potential profits. We had signaled the SPY Weekly $287-288.50 Calls as our first idea of the week, and it has been one of the best ones of the year in terms of percentage gains, already having produced intraweek ranges of up to 4000%

Each of the four contract sets in our highlighted range produced further multi-bag intraday rips of the following magnitude yesterday: 

$287 Calls – Range:
 .43-2.04 – Max Gain: 374%
$287.50 Calls – Range: .32-1.58 – Max Gain: 316%
$288 Calls – Range: .20-1.46 – Max Gain: 630%
$288.50 Calls – Range: .16-1.01 – Max Gain: 531%

We will also be watching the SPY Weekly $290-292 Calls in the event that the current momentum of the markets carries through to the end of the week.
____

Fresh Options Ideas:
BURL Weekly $187.50-192.50 Calls
DG Weekly $150-152.50 Calls
NTNX Weekly $23-24 Calls


Extended Watchlist:
JBL, VTGN, MBUU, PSTV, FIVE, FSLY, GES, PHUN

Blue Horseshoe Stock: More Options Success

General Motors Co. GM

We went very options heavy in our report yesterday morning, updating our readers on the success of ideas we had earlier in the week, and also including a pair of fresh ideas, GM Weekly $40-42 Calls.

We’re pleased to report that all five of the contracts in our designated range produced the opportunity for tangible intraday profits.

$21 Calls – Range: 1.61-2.73 – Max Gain: 70%
$21.50 Calls – Range: 1.00-2.22 – Max Gain: 122%
$22 Calls – Range: .73-1.70 – Max Gain: 133%
$21.50 Calls – Range: .42-1.26 – Max Gain: 200%
$22 Calls – Range: .18-.85 – Max Gain: 372%

_____

Burlington Stores, Inc. BURL

Also freshly formulated in yesterday’s report was our idea for the BURL Weekly $141-144 Calls, and we were not disappointed on that front either. While the bottom half of the range was pushed too deep into the money for any serious activity, we quickly zeroed in on the top performers, the $143 and $144 Calls.

The $143’s managed a huge run from 1.45-5.80, marking an intraday surge of 300% while the $144‘s posted a range of 1.40-4.00, which works out to a 186% rip.


More Fresh Options Ideas

For the second day in a row we’ll present a fresh pair of options ideas, one longer-term and one for potential day trades today*:

Bank of America BAC 07/20 $29 & $30 Calls
Lululemon Athletica LULU Weekly $111-114 Calls

*Never trade weekly options on a Friday unless you an expert level trader with disposable funds


Extended Watchlist:
ATIS, HEAR, TOPS, SGLB, PETX, AMMA

Blue Horseshoe Stocks: Options Roundup

Dicks Sporting Goods, Inc. DKS – Recap

We cast a wide net with respect to the DKS options we included in yesterday’s premarket report, marking the Weekly $35-40 Calls for observation on the heels of the company’s earnings release.

While there were gains on the table for all ten of the contracts in our specified range, we won’t list all of them out, but rather just provide the bottom and the top of the range, and let our readers fill in the blanks.

The $35 Calls ran from 1.50-3.99 for an intraday move of 166%  The $40’s traded up from .10-.45, representing an upswing of 350%  Agiain, increasing, commensurate gains were available throughout our designated range of contract sets.


HP, Inc. HPQ – Recap

We also formulated an idea for the HPQ options chain in yesterday’s report, the HPQ Weekly $21-22 Calls, and were presented with some big single session moves there as well, including a five and a six-bagger!

This was another post-earnings idea, which is generally when we like to strike, at a time when price action and volatility are increased to significant levels. It provided for the following chances for profit:

$21 Calls – Range: .40-1.21 – Max Gain: 214%
$21.50 Calls – Range: .11-.76 – Max Gain: 590%
$22 Calls – Range: .05-.35 – Max Gain: 600%


Fresh Options Ideas – We’ll finish up this morning’s options-heavy report by including a couple of new sets of ideas:

Burlington Stores, Inc. BURL Weekly $141-144 Calls
General Motors Co. GM Weekly $40-42 Calls


Extended Watchlist:
AIPT, BCLI, NGL, NAK, TGA, SESN, VKTX

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