Blue Horseshoe Stocks: Big Options Wins

Options Reviews

General Mills, Inc. GIS – We were looking at the General Mills chain beginning
on Wednesday morning, when we designated the GIS 04/18 $47.50-50 Calls as targets of interest for the week. We got some very nice profit opportunities out of that set, with plenty of time for the possibility to realize further gains.  The $47.50 Calls rose from a low of 1.40-3.55, an upswing of 154% The $50′s traded in a range from .27-1.47, which works out to a huge jump of 444%
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Darden Restaurants, Inc. DRI  – On Thursday morning, we added the DRI 04/18 $115 Calls to our pool of ideas, and those really made a splash as well. In the two session span following our alert, we witnessed a move up from a low of 1.15 to a high of 4.30. That represents a rapid increase of 274%
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Revlon, Inc. REV - Finally, on Friday, we continued our streak of new ideas with an extended-term idea on Revlon. A pair of big insider buys was what led us to place these on watch. We’ll continue to track the REV 08/16 $22.50-25 Calls. For Friday, they each managed modest increases, with the $22.50′s running from 2.55-2.90 (+14%) and the $25′s going from 1.25-2.00 (+60%). These will be on our radar for quite some time, but got off to a nice start.


Extended Watchlist:
WGO, FTR. ASNA, CRIS, CRMD, AVEO, KNDI

Blue Horseshoe Stocks: MMM Update & More

3M Co. MMM – Update

Fresh for yesterday morning’s report, we decided to highlight some MMM calls on the heels of the company’s earnings report, so we put the MMM Weekly $195-202.50 Calls on the radar.

Thanks to a solid intraday performance wherein the stock ran from a low of 194.20-199.89, there were some huge intraday moves from for traders to take advantage of promptly following the opening bell, which were as follows:

$195 Calls – Range: 2.24-6.00 – Max Gain: 168%
$197.50 Calls – Range: .67-4.34 – Max Gain: 548%
$200 Calls – Range: .71-2.80 – Max Gain: 294%
$202.50 Calls – Range: .27-1.55 – Max Gain: 474%

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Fresh Options Ideas:
AAPL Weekly $160-162.50 Calls
SPY Weekly $264-265.50 Calls



TrovaGene, Inc. TROV – Review

We last mentioned TROV on December 18th, and at the time the stock was trading down to an annual low of .503. Since then, we’ve seen a slow and steady recovery, which was kicked into a higher gear yesterday following news of Trovagene and PoC Capital entering an agreement to fund the development of Onvansertib in Metastatic Colorectal Cancer.

The stock ended up hitting .73, marking a 45% rise since we mentioned it. We will want to continue monitoring TROV for further advances from this point forward.


Extended Watchlist:
STAF, CREG, CRMD, EKSO, RGS, CLF, TOPS, WFT, ZYNE, IBN

Blue Horseshoe Stocks: WTW Recap & More

Weight Watchers International, Inc. WTW – Recap

To close out the week on Friday, we left off with a bearish idea on Weight Watchers, and with the help of a another down day for the markets, a couple of the plays we were tracking in the range of the WTW Weekly $58.50-56.50 Puts, did quite well for us even as other ideas fell by the wayside. .

WTW opened just under its daily high of 56.10, and fell all the way back to the $48 range. That allowed for some nice gain opportunities in a pair of our designated targets:

$57.50 Puts – Range: 2.66-9.11 – Max Gain: 242%
$57 Puts – Range: 2.54-9.15 - Max Gain: 260%



Thunder Energies Corp. TNRG

It has been quite awhile since we mentioned any penny stocks in our reports, especially when you consider that those were our primary areas of focus many years ago. Lately we have become mainly focused upon big board stocks and options plays, but every now and again a penny will catch our eye.

Such is the case with TNRG, a stock we’re interested in tracking for a couple reasons. Along with a tight share structure, we’ve also observed a recent, significant rise in volume. The company has also just satisfied the conditions on some Convertible Promissory Notes.


Extended Watchlist: 
GSAT, JKS, CRMD, GPOR, CRON, IGCC

Blue Horseshoe Stocks: SPY Puts Recap & More

SPDR S&P 500 ETF (SPY) – Review

We went bearish on the SPY yesterday morning, and offered up a set of corresponding ideas in the options chain. We signaled our interest in the SPY 10/08 $288.50-$287.50 Puts which just had the one session before expiration.

It turned out to be a great rapid-strike play for anyone who cared to take advantage. Every single contract in our designated group produced legitimately impressive multi-bag intraday gain opportunities.

$288.50 Puts – Range: .71-2.90 – Max Gain: 308%
$288 Puts – Range: .47-2.50 - Max Gain: 432%
$287.50 Puts – Range: .31-2.00 – Max Gain: 545%


Kala Pharmaceuticals, Inc. KALA

Catching our eye as a potential bottom bounce play this morning is KALA, which is presently exhibiting all of the bottom play indicators we typically look for. The RSI is in indicating that the stock is oversold, but with strength rising, and the MACD is sharply converging toward an impending cross.

Meanwhile the PPS showed its first inclination yesterday of attempting to fill in the topside gap we can also plainly see on the snapshot below. We’re going yto place the stock on watch for a continued rebound, and also tag the KALA 01/18 $10 & 12.50 Calls for observation in the days and weeks ahead.





CorMedix, Inc. CRMD

We placed CRMD on watch beginning on last Monday, October 1st, and subsequent to that report, would observe a low of 1.06 in the stock. Yesterday, CRMD attained a new high of 1.65, marking a notable 56% upswing in just a weeks time.


Extended Watchlist: 
CZNI, AGRX, OGEN, MOSY, HELE, PYX, DGLY

Blue Horseshoe Stocks: Bottom-Watch Play & More

Aytu Bioscience, Inc. AYTU

We’re always on the lookout for a bargain, and we may have a prime bottom play opportunity in AYTU in the near future. The stock has been on the downtrend for a couple of months, and is presently very heavily oversold.

We’re going to put this play on our radar and watch carefully for a bottom-bounce which appears to be imminent. Gaining back even half of the ground its recently lost would mean more than a dounble from the current PPS.


SPDR S&P 500 ETF (SPY)

We’re also looking at the SPY today after a lackluster finish to last week. Market sentiment still appears to be bearish as we ready ourselves to kick off this fresh trading week.

We are going to be tracking a set of bearish options, particularly the SPY 10/08 $288.50-$287.50 Puts. Keep in mind that these expire at the end of the day, thus should be treated as weekly options on a Friday. Only expert traders with disposable income should attempt these kinds of trades.


Extended Watchlist: 
BBD, CIG, CRMD, RGSE, MOSY, PAGS, JAGX, ATIS