CRNC Archives - Blue Horseshoe Stocks

A Fantastic Friday, 3 Fresh Options Ideas

A Huge Day on Friday:

We really got things turned around and headed in a good direction on Friday,after including a range of three possible targets in our premarket report. All of those plays rattled off big time intraday upswings and provided traders with chances at some hefty gains. It was a choppy holiday season and first week of 2025, but with notable reporters scheduled on the earnings calendar once again starting tomorrow, hopefully Friday’s success was a hallmark of what’s on the way in the coming days.

Those big movers from Friday were the SPY 01/03 $585-586 Calls, the SQ Weekly $88-89 Calls, and the CRNC 01/17 $10 Calls, and here were the major multibag runs they posted:

SPY 01/03 $585-586 Calls
$585: 2.59-7.50 (+190%)
$586: 1.95-6.52 (+234%)
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SQ Weekly $88-89 Calls
$88: 1.50-4.68 (+212%)
$89: .87-3.83 (+340%)
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CRNC 01/17 $10 Calls
$10: 1.28-9.81 (+666%)

Fresh Options Ideas:
SPY 01/06 $594-596 Calls*
NVDA Weekly $147-148 Calls
TSLA Weekly $420-422.50 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
FCUV, CNSP, MEGL, ARBE, EKSO, RR, KITT, GDTC, GFAI, BAOS

Reviewing Thursday’s Movers, Trio of Fresh Ideas

Thursday Recap:

We had something of a rough outing on Thursday as the post-holiday hangover continues. We had four possible plays lined up in our premarket report and saw appreciable upswings in just two of them. Although stocks currently appear on track to close out the first week of the new year with losses, we’re quite optimistic that a turnaround will begin to materialize. We should be back in business next week as earnings reporters crop up to add interest, and traders continue to shake off the cobwebs.

Yesterday’s green plays were the NVDA Weekly $135-136 Calls, and the JNJ Weekly $145 Calls, and these were the intraday runs they registered in the first session of 2025:

NVDA Weekly $135-136 Calls
$135: 1.60-4.24 (+165%)
$136: 1.88-3.16 (+68%)
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JNJ Weekly $145 Calls
$230: .20-.33 (+65%)

Fresh Options Ideas:
SPY 01/03 $585-586 Calls*
SQ Weekly $88-89 Calls*
CRNC 01/17 $10 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
TGL, NITO, MFI, MGOL, ONCO, QSI, FCUV, ONDS

Going Bearish on Earnings Reporters

Options Review:

We’ve been back on our Midas Touch options trading business over the last several sessions, and yesterday morning was no different. We were just patting ourselves on the back for 100% accuracy on the previous session’s bangers, and we managed to do it again to start this holiday-shortened week.

We signaled ranges on a couple of plays, highlighting the SPY 11/22 $469-470 Calls, as well as going short on the CRNC 12/17 $105-95 Puts. Both turned out to be excellent notions, and the board was fully green for yet another day. The end of this week will be rather subdued, with a day off for Thanksgiving and just a half trading day for Black Friday, so it’s good we’re getting these in now.

Here are the total possible profits that could have been banked off of yesterday’s targets:

SPY 11/22 $469-470 Calls
$469: 1.99-4.50 (+126%)
$470: .62-2.40 (+287%)
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CRNC 12/17 $105-95 Puts
$105: 15.00-22.46 (+50%)
$100: 9.70-18.20 (+88%)
$95: 6.00-13.49 (+125%)

Fresh Options Ideas:
URBN Weekly $35-33 Puts
DLTR Weekly $132-130 Puts
BBY Weekly $122-119 Puts

Extended Watchlist:
ISPC, KTTA, PTPI, APVO, QLGN, AADI, TNXP, OSCI, VIZC, PUGE, TIPS, LVGI

PANW Mega Multi-Baggers & More

More Options Perfection:

We ended the week in Friday’s report by patting ourselves on the back for the options clean sweep that we managed with Thursday’s ideas. Of course, we formulated a group of fresh ideas for that report as well, and once again, we were flawless.

All three of the fresh options plays that we signaled interest in, recorded huge moves on the day and allowed for some serious single session gain opportunities to anyone who was in on the action. Our specific targets were the PANW Weekly $535-545 Calls, the WDAY Weekly $285-275 Puts, and the AMAT Weekly $150-148 Puts. Regardless of which strikwe point was chosen, the moves were considerable.

Here are the total ranges and possible gains that were made available by those ideas:

PANW Weekly $535-545 Calls
$535: .83-7.99 (+863%)
$540: .66-5.48 (+730%)
$545: .48-3.62 (+654%)
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WDAY Weekly $285-275 Puts
$285: 2.13-5.02 (+136%)
$282.50: 1.85-3.75 (+103%)
$280: .80-6.00 (+650%)
$277.50: 1.02-2.02 (+98%)
$275: .75-1.57 (+109%)
_____

AMAT Weekly $150-148 Puts
$150: .07-.34 (+385%)
$149: .18-.39 (+117%)
$148: .30-.50 (+167%)

Fresh Options Ideas:

The earnings calendar is a little light this for this morning, but we’ve put together a couple of ideas to start things off this week. Some daily SPY Calls with futures currently on the rise, and an extended term short on CRNC.

SPY 11/22 $469-470 Calls
CRNC 12/17 $105-95 Puts

Extended Watchlist:
ASTR, VG, ISPC, CEI, PRFX, AFMD, HMBL, LICH, ENGA, FORW, IGEX