Blue Horseshoe Stocks: Fresh SPY Calls

Foot Locker, Inc. FL

We had a group of options ideas lined up on Friday, and then the bottom proceeded to fall out of the markets, rendering our bearish idea for FL the main attraction for the day.

We designated the Foot Locker FL $38-36.50 Puts as our items of interest, and the intraday activity was good for the following gain opportunities.

Foot Locker FL $38-36.50 Puts 
$38 Puts – Range: 1.30-4.20 – Max Gain: 223%
$37.50 Puts – Range: 1.10-3.10 – Max Gain: 182%
$37 Puts – Range: .85-3.10 – Max Gain: 265%
$36.50 Puts – Range: .75-2.80 – Max Gain: 273%

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Fresh Options Idea: 
Speaking of the market sell-off, it appears as if we may experience a dead-cat bounce today,  and we will will have some SPY ideas ready for that possibility. We’ll track the
SPY Weekly $287-288.50 Calls
to kick things off this week. 


PaperFree Medical Solutions, Inc. PFMSWe also want to provide a brief recap of a solid OTC call we had from earlier last week. We placed PFMS on watch in our premarket report on Tuesday, and the stock has posted quite a move over the ensuing four sessions.

From a low of .0029 on Tuesday, PFMS shot up to a new high of .0071 on Friday, marking an impressive intraweek swing of 145% With that kind of momentum, we’ll be sure to keep its slot on our watchlists reserved as we kick off another trading week.


Extended Watchlist:
PBIO, SOLY, FSLY, ATHX, DISH, VKTX, LIQT, AVGR

Blue Horseshoe Stocks: CVS Update & More

CVS Health Corp. CVS – Recap

Included in yesterday morning’s premarket report, was an post earnings options idea for CVS. We were looking at the CVS Weekly $55.50-57 Calls following the company’s beat on Q2 earnings accompanied by raised guidance, and solid growth bolstered by the Aetna acquisition. The stock was also at a multiple-bottom area of the chart.

With the added help of an intraday market surge our targets enjoyed solid moves on the day.

$55.50 Calls – Range: 1.25-2.80 – Max Gain: 269%
$56 Calls – Range: .85-2.37 – Max Gain: 370%
$56.50 Calls – Range: .70-1.91  – Max Gain: 329%
$57 Calls – Range: .46-1.51 – Max Gain: 417%

We’ll look to roll up slightly and monitor the CVS Weekly $57.50-58 Calls for the remainder of the week.
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 More Fresh Ideas:
DISH Network Corp. DISH 09/13 $34-36 Calls
Advanced Micro Devices, Inc. AMD 08/16 $30.50-31.50 Calls
Uber, Inc. UBER Weekly $41-42.50 Calls 


Extended Watchist: 
MRO, AVLR, ET, DERM, TRGP, RLGY,

Blue Horseshoe Stocks: AAPL Run Continues

Apple, Inc. AAPL – Final Update

We’re coming back around to mention AAPL for the third consecutive time today, with the AAPL Weekly $195-200 Calls we selected on Wednesday morning continuing to pile on bigtime gains.

Practically every options idea we’ve looked at in this incredible bull market has been working out in our favor, and this old favorite has been no different. Here are the updated figures for the total possible gains which could have been attained as a result of our report on Wednesday:

$195 Calls – Range: 3.20-13.25 – Max Gain: 314%
$197.50 Calls – Range: 1.71-10.80 – Max Gain: 531%
$200 Calls – Range: .81-8.40 – Max Gain: 937%


More Options Success

Our premarket report yesterday also contained two fresh sets of options ideas for Tesla, inc. TSLA with the Weekly $320-330 Calls, as well as the Wayfair Inc. W Weekly $110-115 Calls.  Both ideas produced fantastic chances for huge single session multi-bag profits:

TSLA Weekly $320-330 Calls,
$320 Calls – Range: 7.20-30 – Max Gain: 316%
$322.50 Calls – Range: 6-28.27 – Max Gain: 371%
$325 Calls – Range: 5.25-25.26 – Max Gain: 381%
$327.50 Calls – Range: 4.20-22.25 – Max Gain: 430%
$330 Calls – Range: 3.10-20 – Max Gain: 563%

We’ll be looking at the possibility of rolling up to the TSLA Weekly $345 & $350 Calls for today, but please, do not trade weekly options on a Friday unless you are expert trader with disposable funds. While the rewards can be great, the risks are of equal gravity!
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W Weekly $110-115 Calls
$110 Calls – Range: 3.10-11.10 – Max Gain: 258%
$115 Calls – Range: 1.76-5.30 – Max Gain: 201%
(Note: Wayfair also produced gains throughout our entire selected range early in the session, but here we have simply included the figures for the bottom and top of the range only, as that is where most of the open interest was.)
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Fresh Idea:
SPY Weekly $282-283 Calls


Extended Watchlist:
NSYS, PBR, DISH, MDRX, TNXP, TTWO, ACLS

Blue Horseshoe Stocks: Tons of Fresh Ideas

Hasbro Inc. HAS – Options Update

After having recently enjoyed a long string of successes with our options ideas stretching back several weeks now, we attempted to keep the party going with the HAS Weekly $102-105 Calls to kick off the week yesterday.

Once again, we rolled the hard six, and came through with another great set of ideas. Each of the contracts in our selected range provided traders with the chance at multi-bag gains on the day.

$102 Calls – Range: 2.00-5.60 – Max Gain: 180%
$103 Calls – Range: 1.50-4.95 – Max Gain: 230%
$104 Calls – Range: 1.10-4.27 – Max Gain: 288%
$105 Calls – Range: .89-3.23 – Max Gain: 263%
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A Roundup of Fresh Ideas

We’re going to keep things going on the options front, and in fact, turn it up a notch today with a quintet of options ideas as we head through this heavy patch of earnings reports.

DISH 09/21 $32.50 & $35 Calls
RIO 08/17 & $57.50 & $60 Calls
VZ Weekly $51-52.50 Calls
SPY 07/25 $281-282 Calls
LMT Weekly $322.50-327.50 Calls


Extended Watchlist:
MMSI, TOPS, MARA, DPW, RIOT, EYEG, SSC, AMPE

Blue Horseshoe Stocks: Bottom-Plays & More

DISH Network Corp DISH

There’s a possible bottom-bounce opportunity brewing with DISH, with the stock posting its first bullish session after a string of five consecutive days of getting beaten to a pulp.

We want to signal a range of September calls that would stand to make considerable moves if the stock can mount an extended recovery. We like the volatility that DISH provides, and will be looking for it to test the 200DMA (61.38) while  tracking the DISH 09/08 $60-62.50 Calls over the days and weeks ahead.  .


Snap, Inc. SNAP

This is another stock that’s gotten beaten up recently, but instead of a handful of sessions, SNAP has been under consolidation for more than two months. In fact, the vast majority of the time since its IPO has been spent on the backslide.   It only recently began to record higher lows off of its newly established all-time low, and indicators on the chart suggest that a more convincing rebound could be in the cards.

We’ll want to pay close attention to the company’s post-market earnings call this afternoon, which could be a turning point in the early history of this relatively new stock.


Post-Earnings Gappers

We’re seeing premarket gap-ups for all three of the following stocks. We’re going to issue some options ideas for each chain to watch for day trades and or swing trades into tomorrow, depending on the activity we observe.  

Macy’s, Inc. M – Weekly $22-24 Calls
Perrigo Co. plc PRGO – Weekly $73-75 Calls
Canada Goose Holdings, Inc. GOOS – Weekly $19-20.50 Calls


Extended Watchlist:
DPW, XXII, HDSN, RADA, IDXG