Tag: DRI

Blue Horseshoe Stocks: REV Form-4 Alert

General Mills, Inc. GIS

Tracking back to an idea we formulated on Wednesday morning, the GIS 04/18 $47.50-50 Calls, we saw some really nice activity in those contracts thanks to a bullish session for the markets on the whole.

Both of our designated targets managed to post multi-bag gains. The $47.50 Calls made a nice swing from 1.40-2.85, representing a gain of 104% The $50’s fared even better, trading in a range from .27-.94, an increase of 248%

Darden Restaurants, Inc. DRI

For a fresh idea yesterday, we went with the DRI 04/18 $115 Calls and saw a solid performance there as well. This set of contracts turned up with an even double-bagger as they ran from a low of 1.15, and reached a 3.30 high.

As is the case with many of the plays we selected this week, there’s still plenty of time remaining until expiration, so the possibility of seeing further useful activity down the line is not out of the question.

Revlon, Inc. REV – Form-4 Alert

Speaking of plenty of time, we are going to go farther out with this next fresh idea than we are typically accustomed to going. This idea could theoretically be in play for the next 5 months. We’ll track the REV 08/16 $22.50-25 Calls.

This is after noticing the stock recovering from a recent severe beating, in unison with Form-4 filings indicating the purchase of over $7M in stock by a REV insider on Wednesday and Thursday of this week, as the stock was flagging heavily.

Extended Watchlist:
SEEL, HIBB, BPTH, TRCH, BPI, UPL

Blue Horseshoe Stocks: NTNX Update & More

Nutanix, Inc. NTNX

We began highlighting NTNX just a week ago in our report from the morning of March 12th. On that day the stock saw a low of 35.20, as we signaled the NTNX 05/19 $40-42.50 Calls for longer-term observation.

We wanted to provide an update on both the stock and our options targets this morning, as NTNX has produced a very solid and steady uptrend since the morning of our initial alert. Yesterday, NTNX ran to a new high of 42.21. That marked a 1-week increase of 20% and it allowed for some nice moves in our highlighted contracts.

The $40 Calls have thus far traded in a range from 1.96 to 4.20 for a gain of 114% while the $42.50’s ran from 1.21-2.85, an increase of 136% NTNX is only halfway to filling the topside gap on itas chart, and there’s plenty of time remaining until expiration. We’ll be interested to see if the stock can pile on even more gains.
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Fresh Options Ideas:
Conagra Brands, Inc. CAG 04/18 $24-26 Calls
Williams Sonoma, Inc. WSM 04/18 $57.50-60 Calls
Darden Restaurants,Inc DRI  04/18 $115 Calls

Extended Watchlist:
BIOS, MTP, UBX, MBT, LIFE, UAVS, AXSM, DF, INAP

Blue Horseshoe Stocks: DRI Recap & More

General Mills, Inc. GS

First up today, we are taking a look at General Mills following the company’s solid quarterly figures on earnings and profits released here in the premarket.

The stock itself has gotten badly beaten up recently, as have most stocks in what is shaping up to be a very turbulent finish to 2018. However, the strong numbers reported could be just the catalyst to effect a convincing reversal. We’re going to be waiting in the wings with our eye on the GIS Weekly $37.50 Calls to try to take advantage of the situation.

Darden Restaurants, Inc. DRI

We highlighted some calls in the DRI chain yesterday, the DRI Weekly $95-105 Calls. Of those three sets of contracts, we got some very nice activity from two out of the three. While the $95’s were too far in the money, the $100’s and the $105’s fared quite well.

The $100 Calls traded up from a low of 2.85 and hit an even 5.00 for a gain of 75% and the  $105’s surged from .65-1.60, producing a gain opportunity of up to 146%

Extended Watchlist:
DFFN, OHRP, ADIL, HEAR, YUMA, CCJ, TROV, ZYNE, RIOT,
MU($31-32 Calls)