Blue Horseshoe Stocks: Killing it On the Options Front

Killing it On the Options Front 

It seems each time we put out new ideas for potential options trades, tjhat we are met with instant success. Such has been the case for the last several calls as it seems we identify winners much more often than not. Most recently, yesterday morning in our premarket report, we highlighted some possible plays in TGT nand LOW, and they both turned in a winning card on the day.

Here are the trading ranges and total possible single-session profits that were available to anyone who happened to act on our suggestions:

TGT Weekly $98-101 Calls  
$98 Calls – Range: 2.18-5.40 – Max Gain: 128%
$99 Calls – Range: 1.64-4.35  – Max Gain: 166%
$100 Calls – Range: 1.20-3.63 – Max Gain: 203%
*$101 Calls – Produced similar gains, however we were unable to pull up the corresponding data.

Update: We want to roll up and monitor the TGT Weekly $103-104 Calls into the end of the week. 
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LOW Weekly $107-110 Calls
$107 Calls – Range: 1.95-3.20 – Max Gain: 64%
$108 Calls – Range: 1.40-2.47 – Max Gain: 76%
$109 Calls – Range: .95-1.94 – Max Gain: 104%
$110 Calls – Range: .60-1.41 – Max Gain: 135%
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Fresh Idea:
DKS Weekly $34.50-36 Calls
LB 09/13 $20-21 Calls 


Extended Watchlist:
KIRK, CETX, PAYS, VIVE, PLX, JE

Blue Horseshoe Stocks: Winning Options Review

Acuity Brands, inc. AYI – Options Update

We took the opportunity to jump on some AYI calls following a poor showing from the company’s Q3 financials. We felt that the blow taken by the stock in the previous session was an overreaction, and decided to radar a couple of sets of contracts in the AYI chain to correspond with what we assumed would be a rebound from this burst of overselling,

Our targets were the AYI 07/19 $125-130 Calls.  We banked on a course correction to provide us with a push and things turned out just as we hoped they might. The stock traded in a daily range from a low of 129.90 and cruised as high as 136.74. That allowed for some very respectable intraday gain opportunities for us, and we will want to continue to monitor these in the sessions ahead.

The $125 Calls ran from 6.10-11.55 for a daily rip of 89% while the $130′s went from 2.85-7.20, a gain of 153%  A full two weeks remain before these contracts expire.


KB Homes KBH – Recap 

We also signaled our interest in some KBH calls last Thursday. Since that time, the stock has been slowly creeping upward, and we’ve realized the potential for some very nice moves in our KBH 07/19 $26-27 Calls, which experienced their lows on the morning of our initial alert, and reached new highs yesterday.

The $26 Calls ran from .35-1.05, for an even 200% burst, while the $27′s fared slightly better. Those produced a move from .15-.47, signifying a run of 213%


Extended Watchlist:
ADOM, NAK, HSGX, TSU, CETX

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Blue Horseshoe Stocks: SPY Keeps Producing

SPY Keeps Winning

Yesterday morning in our premarket report, we had just wrapped up with our recap of Friday’s multi-bag winning SPY Calls, and of course we rolled the dice again. We issued an alert for some fresh SPY ideas, and were rewarded with the chance at some serious intraday gains late in the session.

Of the three contracts in the range of the SPY Weekly $295-296 Calls, it was the $295 and $295.50′s that produced the eye-popping moves. The $295′s traded in a range from .08 to .74, an 825% rip, while the $295.50′s blasted off on a run from .03-.31, for a gain of 933%


Nu Skin Enterprises, Inc. NUS

We’re also interested in putting NUS on watch as a possible longer term, swing trade candidate. The chart is technically attractive, with the stock testing its 50DMA briefly yesterday. The volatility ppotential is there, and it has the makings of what could be a good rebound play.

We’re going to place the NUS 09/28 $50-55 Calls on watch. A break past that 50DMA, even the likes of what occurred toward the beginning of last month, would mean ample opportunity in our designated range.


Extended Watchlist:
CUR, CETX, NGD, DOVA, EROS

Blue Horseshoe Stocks: BIg Day for WB & More

Weibo Corp. WB – Options Recap

We decided to track WB on the heels of its earnings beat yesterday and formulated a range of call contracts that we thought would see some nice activity as a result. Post-earnings options ideas are among our favorite types of plays, and WB serves as another example of why we’re always coming back to that well.

We signaled the WB Weekly $67.50-70 Calls, and with the exception of the $68.50′s and $69′s which didn’t trade a lot of volume, we saw some killer single-session moves from the other four contracts in our highlighted range:

$67.50 Calls – Range: .70-10.78 – Max Gain: 1440%
$68 Calls – Range: 4.40-10.80 – Max Gain: 145%
$69.50 Calls – Range: 1.50-7.80 – Max Gain: 420%
$70 Calls – Range: 1.30-8.90 – Max Gain: 584%
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Target Corp. TGT – Fresh Idea

Weibo was our fresh idea for yesterday, and today we’ve got another set of ideas to enter into the mix today with TGT.

Based purely on the look of the chart, this morning’s earnings notwithstanding, we’re attracted to the massive gap to fill to the upside, part of which has begun to fill as TGT is gapping up in the premarket.

We’re interested to follow progress on a range of both short and longer-term ideas, namely the TGT Weekly $57-59 Calls, as well as the TGT 06/23 $60-62 Calls. .


xG Technology , Inc. XGTI

We tagged XGTI for observation yesterday morning, and the stock did make a modest move of 24%, trading up from a low of 1.72 to 2.14 on the day.

While not an eye-popping move in and of itself, it did occur on massive volume, on the order of roughly 70X the 30-day average, and this morning in the premarket the stock has hit a new high of 2.19. We’ll definitely be on the lookout for a continuation of the momentum that is built up in this stock.


Extended Watchlist:
BVTK, CBIO, GNC, CETX, SNDX, TENX, TDW,

Blue Horseshoe Stocks: Super-Subpenny Movers & More

In Ovations Holdings, Inc. INOH

We talked about INOH in Friday’s premarket report, noting that the company had just come current on its filings.

We’ve been tracking a bunch of super-subpenny plays lately, which for one reason or another, have seen heightened activity over the past couple of weeks. We surmised that INOH could be the next link in that chain, and we weren’t disappointed.

The stock traded in a range from .00039 to .0006 on the day, an upswing of 54% on roughly three times the monthly average volume. We’ll want to continue to watch INOH for the recording of higher highs and higher lows as we kick off the trading week.


IDO Security, Inc. IDOI

Speaking of super-subpenny stocks, we put IDOI on our readers’ radars back on March 21st after seeing a pretty sizable uptick in price action and volatility just prior to that.

After a couple of weeks of trading sideways, IDOI once again saw a rush of activity flow into the stock and Friday’s session brought a chance at some very respectable intraday gains.

The stock traded up from .0003, cracking the super-sub/subpenny threshold and reaching a high of .0011 for a daily pop of 267% We’ll also continue to keep an eye on this one to see if it can carry some of that volatility over to this week.


Akari Therapeutics, Plc. AKTX

We tagged AKTX on Thursday, and saw a solid intraday performance as it ran from a low of 13.69 to 18.46, (+35%). We noted this in Friday morning’s report, and mentioned that we wanted to stay on its trail.

What we ended up seeing was a very similar move to the previous session as AKTX came down off of Thursday’s highs and executed a dip-and-rip pattern that caused it to retrace its steps, trading in a range from 13.50 to a new high of 18.80, an intraday move of 39%


Galectin Therapeutics, Inc. GALT

Speaking of new highs, we wanted to comment on GALT, which is a stock that we’ve been tracking pretty regularly since the beginning of this year as you can see with a quick view of the GALT tag on our blog.

Our observed low of .935 came a couple of weeks following our tag of the stock on January 12th, and for the most part, it has been a continual climb since then, reaching a new peak at 2.87 on Friday. It works out as a total move of 207% that we’ve seen from GALT in 2017.


Extended Watchlist:
NAKD, XGTI, SWFT, GERN, CETX,