Tag: DLTR

Blue Horseshoe Stocks: AUPH Update, Options & More

Aurinia Pharmaceuticals, Inc. AUPH

We’ve been tracking AUPH in the roughly seven weeks since our mention of it on January 27th, and for a stock that started out at lows of 2.95 subsequent to that report, it sure has been quite a ride.

We followed it all the way to a high of 10.54 last week, which was an increase of 257% over our observed low. As is expected when a stock sees such a sharp rise in such a short period, AUPH did begin to consolidate, but that was only in preparation of another nice swing. From 7.51, where it ultimately found support, AUPH went on to reach 9.83 yesterday, which marks a 31% upswing on the rebound.

It’s the volatility in AUPH, which has been terrific for a stock in its price range, that makes it such an interesting stock to watch, and we’ll continue to have it on our radars moving forward.

Fresh Options Ideas  – We’ve got a trio of options ideas this morning that are earnings-related. Solid earnings generally give stocks a sizable enough boost to provide great opportunities in the options chain. It’s a phenomenon we’ve observed time and time again, so here’s what’s hitting our scanner this time:

FedEx Corp. FDX- While FDX didn’t meet the expectations of Wall Street on its earnings yesterday post-market, very optimistic guidance from the CEO in which he stated “margins, cash flows and returns are going to increase over the next several years” has the stock gapping up this morning to the tune of 5% We’re going to be standing at the ready with the FDX Weekly $192.50-200 Calls to try to take advantage of the immediate reaction.
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Petroleo Brasiliero S.A. (Petrobras) PBR – We’ve had a ton of success with trading PBR options in the past, and are going to revisitWe are going to signal a range of short and longer-term options for PBR, which had a whirlwind release yesterday post-market in which it revealed a profit for 2016 and a cut to debt levels, which also helped to earn it an analyst upgrade from Credit Suisse Group AG. We’ll be looking at the PBR Weekly $9 Calls, as well as the PBR 04/21 $9.50-10.00 Calls.
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Dollar Tree, Inc. DLTR – Dollar Tree held its earnings call last week, so the reaction isn’t as fresh, but we’re more interested in what this one is going to do over a more extended period. They reported net sales increases of 5% year-over-year, while diluted earnings-per-share spiked over 40% year-over-year. We also like the look of the chart from a technical perspective, currently at a double-bottom on the chart and looking like it’s ripe for a recovery. We’re going to zero in on the DLTR 04/21 $78-80 Calls.

Extended Watchlist:
VDRM, MYDX, IDRA, MBRX, PULM, WGO, GEVO

Blue Horseshoe Stocks: Options Roundup

Dollar Tree, Inc. DLTR – Options Update

Yesterday, apart from highlighting the many winning options plays that came out of Wednesday morning’s premarket report, we also brought up a new idea for the DLTR options chain. We signaled the DLTR Weekly $85 Calls.

Those $85 Calls were big movers, trading in a range from 1.90-4.66 on the day. That represented an intraday pop of 145% so cheers to any of those who may have taken advantage of that healthy run.

Big Lots, Inc. BIG

We’re looking to BIG this morning on the heels of an earnings beat and cash dividend annoucment. The stock is gapping considerably above the $50-level to new annual highs. We’re going to be looking at the BIG Weekly $47.50-52.50 Calls* for possible quick-hit trades today.

*Caution: We always like to remind our readers that trading options contracts with a weekly expiration on Friday is an inherently risky proposition. Please do not attempt to do so if you are not an advanced-level trader.

Relypsa, Inc. RLYP

We’re coming across RLYP at an interesting time today. The stock is gapping up this morning, oddly enough, on news that hit for a rival.The FDA refused approval to pharma giant AstraZeneca for its potassium-lowering drug, effectively leaving RLYP’s competing drug as the lone option in the marketplace.

We’ve formulated an options idea for this play as well. With no weeklies available, we’re going to be monitoring contracts within the range of the RLYP 06/03 $20-25 Calls.

Extended Watchlist:
NNRX, KGNX, NEIK, TBEV

Blue Horseshoe Stocks: Winning Options Calls & More

Yesterday’s Winning Options Ideas

We signaled our interest in a range of contracts from three separate options chains yesterday morning, and unsurprisingly, the potential for quick-strike single-session gains was present in all three.

Apple, Inc. AAPL – Our AAPL idea was definitely the most solid of the day, with our highlighted Weekly $98-99 Calls each making an appreciable intraday spike:

$98 Calls – Trading Range: .78-1.92 – Max Gain: 146%
$98.50 Calls – Trading Range: .55-1.51 – Max Gain: 175%
$99 Calls– Trading Range: .36-1.15 – Max Gain: 219%

The extended-term play we targeted also made a big move. The AAPL 07/17 $101 Calls traded in a range from .79-1.37, for a nice 73% rip. We’ll want to continue tracking this set of contracts in sessions to come, with plenty of time before their expiration.

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SPDR S&P 500 ETF Trust (SPY) – Next up were the SPY Weekly $208-210 Calls, which we were pretty sure would produce some decent action based purely on the overall market sentiment we were observing leading up to our submission of the idea. Our assumption proved to be spot-on, and we observed some excellent moves during the session:

$208 Calls – Trading Range: 1.13-1.97 – Max Gain: 74%
$208.50 Calls – Trading Range: .81-1.56 – Max Gain: 93%
$209 Calls– Trading Range: .55-1.19 – Max Gain: 116%
$209.50 Calls– Trading Range: .33-.86 – Max Gain: 161%
$210 Calls– Trading Range: .20-.60 – Max Gain: 200%

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Computer Sciences Corp. CSC – As a bonus idea we called attention to the CSC 06/17 $44-48 Calls and while a couple of the contracts contained in that range failed to trade any notable volume, respectable gains were still there for the taking in the other three:

$45 Calls– Trading Range: 3.20-5.05 – Max Gain: 58%
$47 Calls– Trading Range: 1.65-2.75 – Max Gain: 66%
$48 Calls– Trading Range: 1.25-3.48 – Max Gain: 178%

This is why we love options trading. Out of thirteen sets of contracts we slated for tracking, having eleven produce the opportunity for big gains, and seven of those produce chances at gains of more than 100% is a perfect illustration of why we have not focused solely upon stocks for years now.

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More Fresh Options Ideas: We’d like to follow up that recap with some new interests this morning, each with untraded-upon earnings beats to consider. We will be following the activity in Williams & Sonoma WSM Weekly $53-55 Calls as well as Dollar Tree, Inc DLTR Weekly $83-86 Calls.

Extended Watchlist:
ATLS, LOTE, SHLD, SYNC, ASX, RIXG, X