Blue Horseshoe Stocks: Options Review & More

SPDRA S&P 500 ETF (SPY)

After following up a string of successful SPY calls from last week, we added a fresh quick-strike idea yesterday morning. With the markets looking ready to pop after positive jobs numbers were released, we signaled our interest in tracking the SPY 07/09 $275.50-277 Calls.

Trading options with same-day expiry always carries a high risk, but in this case, it was well worth it, with each of our designated contracts producing gains of a significant nature on the day.

$275.50 Calls – Range: 1.18-2.74 – Max Gain: 132%
$276 Calls – Range: .80-2.01 – Max Gain: 151%
$276.50 Calls – Range: .48-1.42 – Max Gain: 196%
$277 Calls – Range: .23-.93 – Max Gain: 304%
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Tesla, Inc. TSLA

An idea that we formulated on Friday was with some extended term TSLA Calls. We wanted to remind readers of these contracts this morning, as the stock is behaving like we might now see the move that we predicted at the end of last week.

The TSLA 08/02 $300-315 Calls should be in line to see some nice gains with the stock itself gapping up hard here in the premarket.
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Fresh Idea:
For another fresh options trading idea on the heels of PEP’s earning beat, we’re going to be tracking the activity in the PepsiCo, Inc. PEP $109-112 Calls.


RiceBran Technology RIBT

We have included RIBT in our reports on each of the past two Mondays, and the stock has made appreciable moves to the upside in that time span.

Between our initial alert last Monday, after a low of 2.21 from which the stock hasn’t looked back, yesterday’s new high reached 3.09, marking a one week upswing of 40% We’ll be interested to see how far the stock can continue to streak into blue skies.


Extended Watchlist:
TNTR, AYTU, CLNE, CRMD, OHGI

Blue Horseshoe Stocks: Options Roundup

Options Round-Up

We had good fortune with yesterday’s options calls (see WGO below), and with a trio of big name earnings reports out either yesterday post-market or this morning, we figured we’d triple-down on some more fresh options ideas!

The Kroger Co. KR Weekly $28-29.50 Calls

Darden Restaurants Inc. DRI 07/20 $100-115 Calls

Micron Technology, Inc. MU Weekly $61-62.50 Calls

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Winnebago Industries, Inc. WGO – Options Recap

We took notice of Winnebago’s impressive earnings beat yesterday morning and promptly formulated a range of options ideas to try to take advantage of the situation.

We’ll selected the WGO Weekly $43-46 Calls to put on watch, and each of the four contracts in that range turned out to be a solid intraday mover. The following are the total possible gains which could have been banked off of these ideas on the day:

$53 Calls – Range: 2.29-4.30 – Max Gain: 88%
$54 Calls – Range: 2.00-3.60 – Max Gain: 80%
$55 Calls – Range: 1.50-3.00 – Max Gain: 100%
$60 Calls – Range: 1.18-2.40 – Max Gain: 103%


Extended Watchlist:
CRMD, RIOT, ARQL, TEO, WEB, YTEN, SAGD

Blue Horseshoe Stocks: FIVE Recap & More

Five Below, Inc. FIVE – Options Recap

The fresh options idea we included in yesterday morning’s premarket report, the FIVE Weekly $90-95 Calls, was related to the company’s Q1 earnings report and strong guidance.

Unsurprisingly, those ideas provided us with solid chances for intraday profits as the stock ran from the $95 to the $100 range on the day. Be aware that despite the odd increments, the following are all of the contracts contained within our listed range. The moves they made were as follows:

$90 Calls – Range: 6.50-10.70 – Max Gain: 65%
$91 Calls – Range: 6.00-8.65 – Max Gain: 44%
$95 Calls – Range: 2.85-6.00 – Max Gain: 111%
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Another Fresh Idea:
Jack in the Box JACK 07/20 $80-90 Calls


Axovant Sciences, Inc. AXON

This will be third consecutive day we’ve had to mention AXON, which we initially tagged on Wednesday morning following a large group of Form-4 buy on Tuesday. This insiders were obviously pre-informed about the news of an $840M+ licensing deal for AXON’s Parkinson’s gene therapy that would be released the following day.

Our sleuthing gave us a leg-up and our call was timed with precision. We observed a low of 3.27 on Tuesday and yesterday the stock saw a high of 6.59, which represents an excellent three-day swing of 102%


Extended Watchlist:
PAVM, CRMD, CEPU, CRMD, SDRL, HMNY