Blue Horseshoe Stocks: More Options Success

Options Reviews

Our prowess in identifying some of the best quick strike options idea around is always showing itself. We signaled two more fresh options ideas in yesterday morning’s premarket report, and despite a down day for the markets, our ideas managed to buck the trend, and produce single-session gain opportunities of a significant nature.

BIDU and MDT were both post-earnings plays and they both yielded some nice potential profits, to the tune of multi-bag moves in every single set of  targeted contracts:

Baidu, Inc. BIDU Weekly $113-116 Calls 
$113 Calls – Range: 1.18-2.51 – Max Gain: 113%
$114 Calls – Range: .87-2.03  – Max Gain: 133%
$115 Calls – Range: .67-1.65 – Max Gain: 146%
$116 Calls – Range: .52-1.38 – Max Gain: 165%
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Medtronic plc MDT Weekly $107-109 Calls
$107 Calls – Range: .90-3.00 – Max Gain: 233%
$108 Calls – Range: .29-2.10 – Max Gain: 624%
$109 Calls – Range: .25-1.45 – Max Gain: 480%
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More Fresh Ideas:
TGT Weekly $98-101 Calls
LOW Weekly $107-110 Calls


Extended Watchlist:
NTRR, CDIX, REI, TRQ, EROS, ADOM, ARDX, OBLN, DQ

Blue Horseshoe Stocks: HOME Recap & More

Alibaba Group Holding Ltd. BABA – Options Idea

We’d like to start things off this morning by taking a look at BABA, which recently has formed a strong double-bottom setup on the chart. The stock is gapping up in premarket trading today, currently in the mid-$170’s and we’d like to formulate an extended term options idea to track over the next few weeks for an overdue recovery.

We’re going to zero in on the BABA 05/04 $180-187.50 Calls, which will give us plenty of time for the stock to realize the kind of gains that look very possible from a technical standpoint at this juncture.


At Home Group, Inc. HOME – Update

On the morning of March 23rd, we had selected a longer-term idea for the HOME options chain, and we wanted to take a look at the moves it has made in the three and a half weeks since that time.

Our target set of contracts was the HOME 04/20 $30 Calls, and with the stock surging to nearly $35 this week, those calls have been pushed well into the money and produced a heck of a gain opportunity. From the low shortly after our initial alert to a new high reach yesterday, we’ve seen a run from 1.31-5.50, which represents a chance at profits of up to 320%


Extended Watchlist:
ATRA, DQ, CHFS, RSLS, NVCN, HEAR