CBRL Archives - Page 3 of 4 - Blue Horseshoe Stocks

Retail Earnings Opportunities

Cracker Barrel Old Country Store, Inc. CBRL – Recap:

This morning we’re updating readers on the fresh options idea from yesterday. Just to give a heads up, this idea appeared in our report yesterday as Weekly calls, which was in error. The next expiration date on any existing CBRL options is June 18th, so we’re talking about the CBRL 06/18 $155-165 Calls.

Those fared quite well on the day despite three weeks remaining until their expiry. Here are the intraday gains they recorded:

CBRL 06/18 $155-165 Calls
$155: 4.40-6.68 (+52%)
$160: 2.45-4.40 (+80%)
$165: 1.25-2.40 (+92%)

Based on premarket activity this morning, it appears as if CBRL may be preparing to gap up, and as a result we may see further advances in these contract sets. We’re going to want to continue to monitor their activity into June 18th.

Fresh Options Ideas:

Despite a general decrease in the number of daily earnings reporters, we’ve got a fair few retail giants dropping figures this morning, and we’ll venture a target for the SPY as well.

URBN Weekly $37-39 Calls
ANF Weekly $39-40.50 Calls
DKS Weekly $88-91 Calls
SPY 05/26 $418-420 Calls

Extended Watchlist:
AAPT, SBFM, UPIN, BRYYF, GEGP, CYBL, MNGG, MDCN, XREG

New Highs in MJWL & More

Monday Options Recap:

We started off the week in grand fashion yesterday morning, including fresh options ideas from both the SPACE and PTON chains in our premarket report.

We were tracking the SPCE Weekly $24-25.50 Calls. the PTON Weekly $101-103 Calls, and the PTON 06/11 $105-107 Calls. Those longer-term PTON calls did make respectable daily moves as well, but we’re going to focus on the weekly quick-strike plays this morning.

Here are the intraday trading ranges and total possible gains for our tracked plays:

SPCE Weekly $24-25.50 Calls
$24: 1.31-4.12 (+215%)
$24.50: 1.05-3.65 (+247%)
$25: .96-3.40 (+254%)
$25.50: .83-3.05 (+267%)
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PTON Weekly $101-103 Calls
$101: 1.30-3.00 (+131%)
$102: 1.00-2.50 (+150%)
$103: .76-2.05 (+170%)

Fresh Options Ideas:
CBRL Weekly $155-165 Calls

Majic Wheels Corp. MJWL – Recap:

We also want to highlight the recent performance of MJWL, which we initially began following with our tag of the stock in our report on the morning of May 13th.The low following that report was .0094.

We also included MJWL in yesterday morning’s extended watchlist, and the stock traded in a daily range from .0391 to an impressive new high of .0739. That marks a total possible intraday gain of 89%, and for anyone who got in after our initial alert from two weeks ago, the potential gain as of yesterday high stands at a whopping 686%

Extended Watchlist:
BFARF, PDGO, FBCD, EEGI, TONR ATIG, TGGI, APYP, NUUU, RSHN, RBNW

Big OTC Gainers!

Reviewing Yesterday’s Options Ideas:

As is typical for us, we presented some fresh options trading ideas in yesterday morning’s premarket report, highlighting the CBRL Weekly $110 Calls, as well as the CRWD Weekly $100 Calls.

In both instances, we saw multi-bag opportunities on the table. The CBRL $110’s ran from 4.70-11.65 for an intraday gain of 148%, while the CRWD $100’s made a move from 1.34-3.60, which represents a 169% gain.
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Fresh Ideas:
GWRE 06/19 $115-120 Calls
NAV Weekly $25.50-26.50 Calls

Penny Stock Roundup
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We’ve been identifying and tracking several penny stocks of late, upon noticing a pickup of activity on the OTC Markets. The following are some of the plays we’ve highlighted, and the subsequent moves they’ve made for us. including a couple of ten-baggers!

Kronos Advanced Technologies, Inc. KNOS
Alerted: 04/20/20
Low: .011 – High: .1309
Gained: 1090%
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BREWBILT MFG Inc. BBRW
Alerted: 05/27/20
Low: .018 – High: .09
Gained: 400%
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TPT Global Tech Inc. TPTW
Alerted: 04/27/20
Low: .0026 – High: .03
Gained: 1054%

Extended Watchlist:
ABML, BRLL, MACE, VISL, SBFM,

2657% Gain on AMAZ!

Amazing Energy Oil & Gas, Inc. AMAZ – Another Update
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We were just mentioning our idea for AMAZ yesterday, that we initially flagged for observation at the end of April. We had also put a reminder in Monday’s extended watchlist. Despite already seeing a 1000%+ move, the stock wasn’t finished, and it put on quite a show yesterday.

The stock hit a new high of .0386, which from our observed low of .0014 less than a month ago, represents an absurd increase of 2657% which isn’t the highest, but certainly one of our top gainers of 2020 so far.

US Steel Corp. X – Options Update

We placed an options idea for the US Steel chain in yesterday morning’s premarket report on the heels of the company’s quarterly earnings drop.

Specifically, our targets were the X Weekly $8.50-9 Calls and while the gains observed weren’t eye-popping by any stretch of the imagination, they were still solid, and based on premarket activity today we expect to see these pile on even more gains at the open.

In the meantime, here’s the activity in those plays for yesterday’s session:

X Weekly $8.50-9 Calls
$8.50: .23-.38 (+65%)
$9: .07-.12 (+71%)
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Fresh Ideas:
CBRL Weekly $110 Calls
CRWD Weekly $100 Calls

Extended Watchlist:
TPTW, IGEN, TCHC, SPONF, HUGE

Blue Horseshoe Stocks: Bearish Options, Bottom Play

Cracker Barrel Old Country Store Inc. CBRL – Recap

First up this morning is a quick recap of the fresh options idea we formulated for yesterday morning’s premarket report. We had designated the CBRL Weekly $165-170 Calls as our targets of interest.

Two of those three contract sets produced opportunities for multi-bag gains on the day, with the third not far behind:

$165 Calls – Range: 5.25-9.57 – Max Gain: 227%
$167.50 Calls – Range: 1.20-3.50 – Max Gain: 393%
$170 Calls – Range: .56-1.45 – Max Gain: 227%

DURRECT Corp. DRRX – Recap

DRRX is a play that we began tracking last month (08/07). Following that initial report, we observed the stock trading for as little 1.22.

In the four weeks which have followed, DRRX has been a steady riser, stair-stepping its way gradually up to its new high yesterday of an even 2.00/share. That works out to a very respectable rise of 64%

Neurotrope, Inc. NTRP

We also want to shine a light on the current setup of the chart on NTRP. Poor marks on for its Alzheimer’s treatment should have pushed it down quite a bit, but there seems to be no readily apparent reason why the stock should have fallen as low as it did following the lackluster report on the company’s clinical trials.

At present the stock is hugely oversold, and from a technical standpoint alone, could begin a reversal on little more than a breath of air. Indication from the MACD suggests convergence toward a bullish cross in the making. Should enough people catch on to the present scenario and load up cheap shares at current pricing, it could happen sooner rather than later. Even a partial fill of the massive gap on the chart would mean big gain chances.

Fresh Options Ideas:
FDX Weekly $157.50-155 Puts
UPS Weekly $120-119 Puts

Extended Watchlist:
SINT, VIVE, GHSI, OPGN, JAGX, ROAD, TTNP, BE