Blue Horseshoe Stocks: Options for the Week & More

Arcadia Biosciences, Inc. ARKA – Update

We placed RKDA on watch on Friday morning’s premarket report. We caught it off of one of our routine premarket scans, and determined that a bounce play was a good possibility. Not only did we get what we were looking for, but the stock looks ready to gap-up once again this morning.

From a daily low of 2.70 the stock reached as high as 4.97, marking an intraday increase of 84% When measured to today’s new premarket high of 6.42, it works out to a two day swing of 138% and gives us good cause to continue to monitor its activity as we open up a new trading week.


DXC Technologies, Inc. DXC – Recap 

We went bearish on DXC in Friday’s report, offering up an options idea of the DXC 08/16 $40-37.50 Puts. Both of those contracts performed well as DXC had the floor fall out from beneath it, posting the worst daily loss in nearly two decades.

The $40 Puts ran from 2.66-5.00, representing an intraday pop of 88% while the $37.50′s soared into multibag gainer territory with a move from 1.00-3.10, a gain of 210%
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Fresh Options Options Ideas for the Week:
SYY Weekly $71.50-72.50
GOLD Weekly $18-19 Calls 


Extended Watchist: 
VRAY, QUIK, CPST, SINT, FLXN, IVZ, FBIO, FLNT, LODE

Blue Horseshoe Stocks: Capping Off a Solid Week

Another Great Week in Options Trading

If you follow our reports and performance closely, you’ll know that we consistently deliver multiple solid quick-strike options ideas on a weekly basis, and this week has been no exception.

Our premarket report yesterday included fresh near-term targets for AMD and UBER, which both produced chances for significant intraday profits, which were as follows:

Advanced Micro Devices, Inc. AMD 08/16 $30.50-31.50 Calls
$30.50 Calls – Range:
 1.47-3.80 – Max Gain: 156%
$56 Calls – Range: .98-3.50 – Max Gain: 257%
$56.50 Calls – Range: .70-3.00  – Max Gain: 329%

Uber, Inc. UBER Weekly $41-42.50 Calls
$56 Calls – Range: 2.15-3.10 – Max Gain: 44%
$56.50 Calls – Range: 1.90-2.77  – Max Gain: 46%
$57 Calls – Range: 1.55-2.52 – Max Gain: 63%
$56.50 Calls – Range: 1.44-2.24  – Max Gain: 56%


Fresh Ideas: 

It wouldn’t be a full-fledged Friday morning report without a couple of new ideas to carry us down the home stretch on another great trading week, and into the next. Here’s what’s hitting our scanner this morning:

FNKO 08/16 $25-30 Calls 

DXC 08/16 $40-37.50 Puts

*We’re also going to radar GHST, thanks to our faithful subscriber, Mark!


Extended Watchist: 
RKDA, LLEX, ELY, VYGR, ONVO, YELP, MRNS,