Tag: CRON

Blue Horseshoe Stocks: CVS, CRON Updates

Cronos Group, Inc. CRON – Update

It was just yesterday morning that we highlighted CRON, and the solid moves the stock has been making off of its swing low of 6.50 from last week. The impressive rebound continued for another day, with yesterday’s sesison bringing a respectable intraday move and a significant increase in our observed range on the stock over the past week.

From its daily low of 8.15 the stock reached a new high of 9.58, which works out to an 18% intraday hike. From our observed low from last week, we’ve now witnessed a move up of 47% It marked the sixth consecutive bullish session for CRON, which fell just shy of testing its current 50DMA, now standing at 10.25.

We had also signaled our interest in tracking the CRON Weekly $8 & $8.50 Calls in yesterday’s premarket report, and that idea provided opportunities as well. The $8 Calls went on an impressive intraday run from .50-1.55 for a gain of 210%, while the $8.50’s pushed their way up from a low of .30 and reached 1.15, a 283% rip!

Today’ we’ll look to possibly roll up to the $9 & $9.50 Calls on CRON if it appears its run will continue.

CVS Health Corp. CVS

We also targeted some CVS calls yesterday following the company’s earnings release, highlighting the CVS Weekly $75 & $75.50 Calls and we were met with some great chances for single-session profits there as well.

The $75 Calls traded up from 1.05 and as high as 3.25 (+210%), and the $75.50’s went from .84-2.79 for gains of up to 232%
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Fresh Ideas:
ETSY Weekly $45 Calls
TWLO Weekly $80-82 Calls

Blue Horseshoe Stocks: CRON Review & More

Cronos Group, Inc. CRON

We’ve been routinely tagging CRON for quite some time now. We saw a very nice move from the stock back in August, but more recently, we observed a consolidation down to a low of 6.50 around the middle of last week. Since then, the stock has mounted a solid rebound effort.

Yesterday the stock came back to hit 8.32, marking an upswing of 28% in under a week. We’re going to continue to montitor the stock’s recovery, and track a pair of options in its chain as well. We’ll place the CRON Weekly $8 & $8.50 Calls on watch for the remainder of the week.

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Fresh Options Ideas:
CVS Health Corp. CVS Weekly $75 & $75.50 Calls
Toyota Motor Corp. TM Weekly $115 Calls

Extended Watchlist: 
CALX, BLIN, MTW, DRNA

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