Blue Horseshoe Stocks: SPY Puts

SPDR S&P500 ETF (SPY)

With a bearish market pattern continuing to emerge, we have to be ready to roll with the punches as best we can and use whatever momentum we can find, whether it’s upward or downward. Traditionally, the SPY has been our go-to in these kinds of instances.

It was just Tuesday morning that we signaled a range of five SPY Calls, which all produced big-time gain opportunities this midweek, ranging from 184-245% Now, with the markets looking to pull back once again, we’ll hop right to the other side of the fence and zero in on some SPY Puts to close out the week.

The targets that we’re going to be monitoring today are going to be the SPY Weekly $263.50-262 Puts*, which should work out nicely for possible quick-strike daytrades in the event that the premarket trends we’re observing do persist.

*NEVER trade options with a weekly expiration on a Friday unless you are an advanced level trader working with disposable funds.



Extended Watchlist:
ALQA, SGMS, EYES, DFFN, BEL, WPM

Blue Horseshoe Stocks: Options Mania!

Canopy Growth Corp. CGC

We’re returning to CGC to update on new highs for the third straight trading day this morning. Originally put out on Wednesday morning, we have been tracking the CGC 09/21 $30-40 Calls to some fantastic gains ever since.

As of yesterday morning, our overall observed gains on those three contracts were 338%, 596%, and 994% respectively. Following another big day, those figures have been extended by an impressive margin once again. 

$30 Calls – Range: 1.76-10.30 – Max Gain: 485%
$35 Calls – Range: .56-6.00 – Max Gain: 971%
$40 Calls – Range: .16-3.20 – Max Gain: 1900%

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The TJX Companies, Inc. TJX

Fresh for yesterday morning, we cited the TJX 09/21 $105 & 110 Calls as an interesting pair of contracts, and those got off to a decent start. The $105’s  traded up from 2.15-3.20 for a gain of 49% and the $110’s went from .50-.80, for an intraday move of 60%
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Fresh Ideas:
URBN Weekly $48.50-50 Calls
TGT Weekly $87.50-89 Calls


Extended Watchlist:
EYES, CVM, GPOR, NOG, DOMO, AMPE, CRC, PINC, GE

Blue Horseshoe Stocks: DPW, PTOP & More

Peer to Peer Network PTOP

We originally alerted on PTOP on the morning of November 8th, well before the huge run that the stock would launch into weeks later on the back of bitcoin-hysteria. Our observed low on this crypto-related play was all the way down at .0004.

Flash forward to this week, and PTOP has been launched to new highs as Bitcoin itself continues to set new all-time highs, this morning hitting $11,855.73 shortly after 8:30am eastern.

Yesterday the stock hit .014, marking a 3,400% increase from our witnessed low, in a matter of just twelve trading days!


Digital Power Corp. DPW

We signaled DPW, another crypto play, in yesterday mornings premarket report, and it too surged to new highs with the help of the continued bitcoin explosion, as well as the company’s unveiling its subsidiary’s plans to launch a line of line of advanced hardware for digital mining of cryptocurrencies, including Bitcoin.

Our call came just in the nick of time for us to catch a very solid intraday run from DPW, which traded up from a low of 2.15 to a high of 3.49, recording a 63% intraday push to the upside. It’s also closed at its high of day on heavy volume./ Coupled with this morning’s new all time highs for Bitcoin, and we have the conditions necessary for this stock to continue its bullish ways.


Eagle Bancorp, Inc. EGBN

After realizing that EGBN had been the target of short-seller manipulation, we reported this to our readers yesterday morning, and placed the EGBN 12/15 $50-60 Calls on watch “for what should be a forthcoming recovery”. We’ve already seen our take on the situation vindicated in one session, as the stock rebounded predictably after having taken a nosedive on Friday.

That resulted in a good start to our extended-term recovery options ideas, with the following intraday gains being posted:

$50 Calls – Range: 4.40-7.60 – Max Gain: 73%
$55 Calls – Range: 1.80-3.90 – Max Gain: 117%
$60 Calls – Range: .40-1.20 – Max Gain: 200%


Extended Watchlist:
EYES, COLL, GIII, SNAP, RGC,