Blue Horseshoe Stocks: Big Day for Options

Options Recap

Yesterday, our premarket report included two fresh sets of options trading ideas for Under Armour, and Take Two Interactive, and thanks in part to a nice rebound for the markets, we were able to see some really nice gains in our designated plays.

Both of these were companies that had just reported their quarterly earnings, which just reinforces why we continue to make these same kinds of calls over and over again. Post-earnings options trading, while just as risky as any other type of short-term trade, is also just about the most reliable way to find quick-strike opportunities to profit.

Here were the trading ranges and total possible single-session gains that could have been banked off of yesterday’s ideas:

Under Armour Inc. UAA $19-20 Calls
$19 – 2.69-4.20 (+56%)
$19.50 – 2.65-3.82 (+44%)
$20 – 1.75-3.25 (+85%)

Take-Two Interactive Software, Inc. TTWO $122-125 Calls
$122 – 4.00-5.60 (+40%)
$123 – 2.49-5.70 (+129%)
$124 – 2.50-4.20 (+68%)
$125 – 2.50-4.00 (+60%)
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Fresh Options Ideas: 

FB Weekly $150-155 Calls
EBAY $28.50-30 Calls
GM Weekly $35-37 Calls

SPY Weekly $269.50-271.50 Calls


Extended Watchlist: 
PVH, TNXP, CRON, CGC, CRC, SMI, RIOT, YNDX

Blue Horseshoe Stocks: YGYI Review & More

Youngevity International Inc. YGYI – Recap

Last Thursday morning, we included a tag of YGYI, and today we wanted to swing back around and update readers on the stock’s performance.

YGYI ended up producing a significant dip-and-rip opportunity, coming down to an even 6.00 low before taking off and hitting a high of 10.95 yesterday, in one of its biggest single-session moves of all time. It worked out to an 83% upswing. and put YGYI in blue skies, not to mention grabbing it the top gainer spot on the whole of the NASDAQ.



eBay, Inc.  EBAY – Update

We also want to circle around for the extended term options plays we selected for observation, also in last Thursday’s report. Those were the EBAY 11/23 $33-35 Calls, and they’ve gotten off to a good start for us so far. In the four sessions since we highlighted these plays, all three have produce gains of a significant nature:

$33 Puts – Range: 1.22-2.45 – Max Gain: 101%
$34 Puts – Range: .82-1.75 - Max Gain: 113%
$35 Puts – Range: .60-.86 - Max Gain: 43%

With tons of time remaining until expiration, we’ll be eager to continue tracking these ideas for further moves.


Extended Watchlist: 
ADOM, IGC, NBEV, BLRX, NVCN, RARX

Blue Horseshoe Stocks: EBAY Ready For Reversal?

Ebay, Inc. EBAY – Bottom Play

On our routine morning scan today we noticed that EBAY, on Tuesday, registered a new annual low. The stock is at its lowest share price since April of 2017, and as our readers are well aware, we’re always on the hunt for a good bottom-play.

What we typically do in these scenarios, is signal a range of options calls with a moderate amount of time remaining until expiration. In this case we’re going to designate the EBAY 11/23 $33-35 Calls as our items of interest.

As you can see on the included chart, the relative strength is rising and the MACD has begun to converge toward a bullish cross. Coupled with Tuesday’s annual low and a sizable gap to fill on the order of roughly two dollars, and it makes EBAY an attractive bottom-bounce candidate.


Constellation Brands, Inc. STZ

We also like to look for opportunities on the heels of large companies reporting their earnings by highlighting options with weekly expiration, and that’s wjhat we want to do with STZ this morning.

We’re going to track the STZ Weekly $212.50-220 Calls through today and tomorrow’s sessions.


Extended Watchlist: 
IZEA, YGYI, BLRX, FEYE, ICON, FPAY

Blue Horseshoe Stocks: Fresh Options Ideas & More

CSX Corp. CSX – Update

On Wednesday morning following CSX’s solid quarterly earnings report, we selected the CSX Weekly $65-67.50 Calls for observation, and scored the opportunity at multi-bag gains that day, as we relayed in yesterday’s premarket report.

What followed was a dip-and-rip out of CSX, and even more chances for double-bag to multibag gains for the second consecutive session. Here are the intraday profits that could have been achieved yesterday:

$65 Calls– Range: 1.91-4.50 – Max Gain: 136%
$65.50 Calls – Range: 1.84-3.85 – Max Gain: 109%
$66 Calls – Range: 1.25-3.40 – Max Gain: 172%
$66.50 Calls – Range: 1.07-2.93 – Max Gain: 174%
$67 Calls – Range: .42-2.25 – Max Gain: 436%
$67.50 Calls – Range: .27-2.04 – Max Gain: 656%


Ebay, Inc. EBAY – Options Recap

Speaking of single-day multibag gains, also included in yesterday’s report was a fresh idea for the EBAY options chain. We went bearish after the company disappointed on Q2 revs, signaling our interest in the EBAY Weekly $36-34.50 Puts  and we were dead-on with that idea as well.

The following fantastic gains were on the table:


$36 Puts
– Range: .71-2.08 – Max Gain: 193%
$35.50 Puts – Range: .42-1.46 – Max Gain: 248%
$35 Puts – Range: .20-1.10 – Max Gain: 450%
$34.50 Puts – Range: .09-.63 – Max Gain: 600%
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After having such great success with options this week, as we usually do, we’ll go ahead and finish things up with two more fresh earnings related ideas. Just make sure you’re not trading these calls unless you’re an expert trader with disposable funds!

Microsoft Corp. MSFT Weekly $107-108 Calls
Honeywell, Inc. HON Weekly $148-152.50 Calls


Extended Watchlist:
TLRY, SLS, CLF, VLRS, BBD

Blue Horseshoe Stocks: CSX Review & More

CSX Corp. CSX – Options Review

We presented our readers with an options idea concerning CSX yesterday morning in the wake of the company’s solid quarterly earnings report, the CSX Weekly $65-67.50 Calls.

What followed was an exceptionally bullish session for the railroad giant, which facilitated some really nice intraday multi-bag gain opportunities.

Not surprisingly, big moves were exhibited by every single contract in our designated range of six sets:

$65 Calls– Range: 1.64-4.00 – Max Gain: 144%
$65.50 Calls – Range: 1.42-3.54 – Max Gain: 149%
$66 Calls – Range: .91-3.00 – Max Gain: 230%
$66.50 Calls
– Range: .64-2.57 – Max Gain: 301%
$67 Calls – Range: .45-2.02 – Max Gain: 349%
$67.50 Calls – Range: .28-1.65 – Max Gain: 489%


 Walgreens Boots Alliance, Inc. WBA – Recap

Also included in our morning report yesterday were the WBA 08/17 $67.50 & $70 Calls, and those too enjoyed some notable intraday gains for the session.

Despite selecting calls with August expiration, the payoff to this idea was all but instantaneous, with each of our two ideas logging significant intraday runs to the upside. The $67.50′s traded in a range from .93 to 1.45, a gains of 133% while the $70′s went from .40-.65, which works out to a gain of 63%
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Fresh Ideas -  We’ll keep the options train rolling with another pair of fresh ideas this morning:

We’ll track the activity in the EBAY Weekly $36-34.50 Puts after the company fell short on Q2 revs, along with the SPDRA S&P 500 ETF (SPY) 07/23 280.50-281.50 Calls for an idea to watch into next week.


Extended Watchlist:
TCP, DM, RCON, LODE, AVEO, CEI, ACIU