Tag: CFMS

Blue Horseshoe Stocks: Options Trio

Fresh Options Ideas

We have a trio of fresh options ideas for today’s report- a couple of earnings plays, and a Form-4 alert. 

Ulta Beauty, Inc. ULTA – We saw a Form-4 pop up on ULTA last week, as the stock was beginning to find its way up off a bottom. There is an absolutely massive topside gap on the chart, so we’re looking at this as a longer-term idea.

We’re set to track the ULTA 11/01 $260-265 Calls over the next few weeks, which would play very well if the stock can even begin to fill that gap.
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McCormick & Co. Inc. MKC – First up for our pair of earnings plays, we’ve got MKC, which posted a Q3 profit beat as well as heightened guidance. We’re going to tag the MKC Weekly $155-160 Calls for observation this morning.
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Stitch Fix, Inc. SFIX  – Lastly, we’ve got SFIX earns coming up in the post-market this afternoon, and the stock is at a really good spot on the chart. We’re going to radar the SFIX Weekly $19.50-20 Calls.

IMPORTANT REMINDER!

We will be initiating coverage on a brand new high-potential nanotech play tomorrow morning!

Stay glued to those inboxes or visit BlueHorseshoeStocks.com shortly after 9AM tomorrow morning for our Special Report!

Extended Watchlist:
CLSI, ADT, SOL, CFMS, ADXS, IOVA, CVEO

Blue Horseshoe Stocks: Options Explosion

Adobe, Inc. ADBE – Update

ADBE continued its incredible performance just as we said it would in yesterday morning’s premarket report.  We had already tracked our idea, the ADBE Weekly $285-290 Calls to gains roughly in the area of 150-230% on Wednesday.

The updated figures after yesterday’s huge session are very impressive indeed. Here are the total possible gains that options daytraders could have netted off of our alert. 

$289 Calls – Range: 2.94-17.49 – Max Gain: 495%
$289.50 Calls – Range: 1.83-14.68 – Max Gain: 702%
$290 Calls – Range: 1.07-12.52 – Max Gain: 1070%

This is the reason that we spend most of our time these days focusing on quick-strike options ideas. The short-term gain potential exceeds even that of the OTC Markets, which used to be our primary area of focus, many years ago.
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Speaking of options success, the other fresh ideas we included in yesterday’s morning report also produced some fantastic intraday gain chances:

Commercial Metals Co. CMC Weekly $16-17 Calls
$289 Calls – Range:.45-1.30 – Max Gain: 189%
$289 Calls – Range: .10-.40  – Max Gain: 300%

Oracle Corp. ORCL Weekly $55-56 Calls
$55 Calls – Range: .84-2.53 – Max Gain: 201%
$55.50 Calls – Range: .60-2.05 – Max Gain: 242%
$56 Calls – Range: .34-1.59 – Max Gain: 368%
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Fresh Ideas:
CarMax, Inc. KMX Weekly $85-87.50 Calls
Lowes Companies, Inc. LOW 07/12 $101-104 Calls

Extended Watchlist:
CLDR, PDS, IGC, FSI, CFMS, EGY, SDRL, PECK, PBF, AXGT, OCUL

Blue Horseshoe Stocks: SPY Calls, More Options

SPY Review

After big success with SPY options earlier last week, we decided to roll up our strike prices and make another pass at an some options ideas on the fund to open things up this week. A reversal on plans to slap tariffs on Mexican goods is helping to fuel a push for the markets in early trading today.

Our ideas for Friday were the SPY Weekly $285-286 Calls, and we’re happy to report some huge single session, multibag gain opportunities came out of those calls for us.

$285 Calls – Range: 1.18-3.86 – Max Gain: 227%
$286 Calls – Range: .59-2.89. – Max Gain: 393%

In order to stay close to the action, we’re going to want to stick with bullish SPY calls and roll up our strike prices yet again to kick off a new trading week this morning. We’re going to radar the SPY Weekly $288-290 Calls.

MGM Resorts International Inc. MGM – Form-4 Alert 

We always scan for new Form-4 submissions, and MGM is the latest subject of insider trading. A director of the company purchased over $20M in MGM stock three separate times last week. Between the buying from Wednesday, Thursday, and Friday, Keith Meister purchased in excess of $75M+ worth of his company’s shares.

That is no small series of transactions, and leads us to believe confidence on the inside at MGm is high that the stock can continue recover off of its recent relative lows. We’re going to signal some longer term calls to correspond with the situation and begin tracking the MGM 08/16 $28-30 Calls.

SPECIAL NOTE: 

We urge readers not to miss out on any of our newsletters this week. We’ve got some plays in cannabis sector that are primed to heat up and we’ll be bringing those to you over the course of the week. You’ll definitely want to catch those, so make sure you’re scanning your inboxes each morning to get in on the action!

Extended Watchlist:
LJPC, AFH, KHC, CFMS, MELI, BYND, FTR, ZM