Blue Horseshoe Stocks: HUGE Options Week!

Huge Options Week

If you’ve been following our reports for awhile now, at this point you’ve realized that we provide really great short-term options trading ideas on a regular basis, and this week was certainly no exception.

Out of four separate fresh trading ideas we formulated in yesterday’s report, all four proved to be big winners, with the help of another solid day of bullish activity for the markets as a whole.

Here’s what we were tracking, and the total possible gains that traders could have netted as a result: 

SPY Weekly $290-292 Calls

$290 Calls – Range: 1.85-3.50 – Max Gain: 89%
$290.50 Calls – Range: 1.60-3.00 – Max Gain: 88%
$291 Calls – Range:1.25-2.60 – Max Gain: 108%
$291.50 Calls – Range: .98-2.15 – Max Gain: 119%
$292 Calls – Range: .78-1.78 – Max Gain: 128%
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BURL Weekly $187.50-192.50 Calls
$187.50 Calls – Range:
 10.22-17.80 – Max Gain: 74%
$190 Calls – Range: 8.02-15.90 – Max Gain: 98%
$192.50 Calls – Range: 6.00-13.40 – Max Gain: 123%
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DG Weekly $150-152.50 Calls
$150 Calls – Range:
 .90-7.10 – Max Gain: 689%
$152.50 Calls – Range: .54-4.98 – Max Gain: 822%
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NTNX Weekly $23-24 Calls
$23 Calls – Range:
 1.20-2.92 – Max Gain: 143%
$23.50 Calls – Range: 1.25-2.52 – Max Gain: 102%
$24 Calls – Range: .70-2.06 – Max Gain: 194%
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MORE FRESH IDEAS:
BIG 09/20 $25-27.50 Calls
ULTA Weekly $265-260 Puts


Fang Holdings Ltd. SFUN 

We also want to throw in a quick highlight of SFUN, which we caught off of the earnings calendar this morning, in a pretty solid bottom-bounce setup. The stock’s coming off of annual lows registered earlier this month, and showing good momentum.

The earnings report was a mixed bag, with perhaps a main highlight being a 290% in revenue from the company’s lead generation services. We are mostly interested in tracking SFUN from a technical standpoint. The upside potential is certainly there.

Blue Horseshoe Stocks: SPY Updates

SPDR S&P500 (ETF) SPY – Recap 

Thanks to a solid day for the markets yesterday, the successful options idea we dropped for the SPY on Monday morning turned in yet another huge day of potential profits. We had signaled the SPY Weekly $287-288.50 Calls as our first idea of the week, and it has been one of the best ones of the year in terms of percentage gains, already having produced intraweek ranges of up to 4000%

Each of the four contract sets in our highlighted range produced further multi-bag intraday rips of the following magnitude yesterday: 

$287 Calls – Range:
 .43-2.04 – Max Gain: 374%
$287.50 Calls – Range: .32-1.58 – Max Gain: 316%
$288 Calls – Range: .20-1.46 – Max Gain: 630%
$288.50 Calls – Range: .16-1.01 – Max Gain: 531%

We will also be watching the SPY Weekly $290-292 Calls in the event that the current momentum of the markets carries through to the end of the week.
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Fresh Options Ideas:
BURL Weekly $187.50-192.50 Calls
DG Weekly $150-152.50 Calls
NTNX Weekly $23-24 Calls


Extended Watchlist:
JBL, VTGN, MBUU, PSTV, FIVE, FSLY, GES, PHUN

Blue Horseshoe Stocks: AMPG News Alert

AmpliTech Group, Inc. AMPG – News Update

As you may be aware, we have been following AMPG closely for several weeks now, during which time we have witnessed the stock rise from a low of .043 on the morning of our initial report on on April 1st, to a high of .084 just this week! That’s an excellent upswing of 95% in just under two months’ time.

We wanted to post an update on AMPG this morning relating to the company’s most recent press release,which pertains to the company’s response to recent investor queries, in the form of a Q&A that we urge you to check out now:

Bohemia, NY, May 30, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AmpliTech Group, Inc. (OTCQB: AMPG): Amplitech (AMPG) filed its Form 10-Q on May 14, 2019, and received some follow up questions from investors regarding its strategy. (>>READ Q&A)

As an added aside, we have been referring to AMPG as an undervalued stock from the outset of our coverage, and for what it’s worth, both the performance on the chart, and the consensus opinion at BARCHART.COM agrees with us. AMPG is presently receiving a 100% Long-Term “Buy” Rating, and an 80% “Buy” signal overall.


Options Reviews

Yesterday we took opposite stances on DG and PANW, for which we formulated a bullish and a bearish set of options ideas, respectively. We couldn’t have been more on the dot with these plays, which each produced single session gain opportunities of a significant nature.

We signaled the DG $122-124 Calls and the PANW $202.50-200 Puts and five out of five sets of contracts produced multibag runs on the day.

Dollar General Corp. DG $122-124 Calls

[[DATA LOST]]

Palo Alto Networks,Inc. PANW $202.50-200 Puts
$202.50 Puts – Range: 2.00-4.18  – Max Gain: 103%
$200 Puts – Range: 1.40-2.85 – Max Gain: 136%
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Fresh Options Ideas:
BIG 06/21 $30-32.50 Calls
OKTA Weekly $111-113 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
SBOT, MYOV, XRF, SCZ, BAS, ELTK

Blue Horseshoe Stocks: LAHO Recap & More

Lans Holdings, Inc. LAHO

When we picked up on LAHO on Tuesday, it was what we refer to as a super-subpenny stock, trading at a low of just .0005/share. Over the past two sessions it has made an incredible move. Yesterday, after gapping up in the morning, LAHO went on to set a new high of .0017, which works out to a 48-hour swing of 240%

Following that high, the stock came back down to fill the gap it left, and we are going to want to see .0009 hold as support in order to give us a good likelihood of seeing further moves from LAHO in the near-term, but as it currently stands, it has already been a great intraweek play for us no matter how you slice it.


FRESH OPTIONS IDEAS

We’ve also got a pair of options ideas from companies that have untraded-upon earnings reports. We’re bearish on Palo Alto Networks, which reported yesterday post-market, and bullish on Dollar General, whose report dropped this morning in the premarket, including a solid beat on both earnings and same-store sales for the quarter.

PANW $202.50-200 Puts
DG $122-124 Calls


Extended Watchlist:
VTGN, BYND, CFMS, ONVO, REKR

Blue Horseshoe Stocks: Interesting Bottom Play

Chaparral Energy, Inc. CHAP

We noticed CHAP on our routine morning scan today, and wanted to highlight the current situation for the stock as a potential longer-term swing trade idea. We are attracted to the setup of the chart, which is presently exhibiting a classic double bottom. At the start of the calendar year, CHAP came off of the same lows and surged nearly 100% to the $8-range.

We also want to relay the cause of CHAP’s recent analyst upgrade. The company report a slew of operational and financial highlights in its recent 10-K pertaining to the company’s 4th quarter and full year 2018 performance.

CHAP Q4/FY 2018 Highlights

  • Recorded 2018 full year STACK production of 14.5 thousand barrels of oil equivalent per day (MBoe/d), representing a 52% year-over-year increase
  • Achieved 2018 full year total company production of 20.5 MBoe/d
  • Reported full year 2018 net income of $33.4 million, or 73 cents per diluted share
  • Achieved full year 2018 adjusted EBITDA, as defined below, of $125 million
  • Grew 2018 total proved reserves to 94.8 million barrels of oil equivalent (MMBoe), which adjusted for 2018 divestitures marks a 35% year-over-year increase, and represents a PV-10 value of $686 million
    • Increased STACK proved reserves by 50% year-over-year to 74.1 MMBoe, while replacing 519% of STACK production
  • Invested $194.7 million in STACK drilling and completion (D&C) activities in 2018
  • Reduced total company lease operating expense per barrel of oil equivalent (LOE/Boe) almost $4 from $10.96 in 2017 to $7.24 in 2018
  • Strengthened the balance sheet by issuing $300 million of unsecured senior notes and increasing the borrowing base to $325 million in 2018 (>>View Source)

We’re going to be very interested to track the stocks progress on the heels of these revelations, and fully expect to see a sustain rebound attempt in the relatively near future.


Fresh Options Ideas:
DG Weekly $115-113 Puts

DLTR Weekly $103-101 Puts


Extended Watchlist:
INNT, DTCI, ORDO, AKTX, PLUG,