Blue Horseshoe Stocks: More Options Success

UnitedHealth Group Inc UNH

As we near the midway point of this holiday-shortened week, we are going to be taking a look at a fresh earnings related options idea with UnitedHealth.

The company just posted an impressive across-the-board earnings beat, while the chart itself was already in a prime bottom-bounce position. We are going to track the UNH Weekly $232.50-237.50 Calls, which should be in very good shape if events play out as expected.


Fastenal, Inc. FAST

We also signaled the FAST 04/18 $62.50-67.50 Calls, last Thursday following the company’s own earnings beat. The moves we’ve observed since then have been moderate, but still impressive nonetheless.

$62.50 Calls – Range: 5.40-7.10 – Max Gain: 31%
$65 Calls – Range: 2.40-4.80  – Max Gain: 100%
$67.50 Calls – Range: 1.10-2.43 – Max Gain: 121%
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Fresh Options Idea:
Senior Housing Properties Trust SNH 06/21 $10 Calls


Extended Watchlist:
CNAT, CHFS, JAGX, RWLK, JMIA, MDR, ZSAN,

Blue Horseshoe Stocks: FAST Recap & More

Fastenal, Inc. FAST

Our fresh options ideas for yesterday morning was regarding Fastenal,which had just posted a solid Q1 earnings beat. The potential targets that we highlighted were the FAST 04/18 $62.50-67.50 Calls, and we’re happy to report that the stock’s activity has allowed us to see some decent moves out of those so far, with five sessions remaining until their expiration.

The moves was observed yesterday were as follows:

$50 Calls – Range: 5.40-6.50 – Max Gain: 20%
$52.50 Calls – Range: 2.40-4.30  – Max Gain: 79%
$55 Calls – Range: 1.10-2.08 – Max Gain: 89%

With the markets heating up here in the premarket, we’ll want to continue to keep an eye on FAST for the possibility of further useful activity that could propel these contracts to more gains before their expiration next Thursday.
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FRESH OPTIONS IDEAS:
The Walt Disney Co. DIS Weekly $122-125 Calls
SPDR S&P500 ETF (SPY) Weekly $289-290 Calls

*Don’t trade weekly options on a Friday unless you’re an advanced level trader with disposable funds!


Extended Watchlist:
BPTH, WPX, JCP, BSMX, CBAY, WPX, ENDP

Blue Horseshoe Stocks: BBBY Options & More

Bed Bath & Beyond, Inc. BBBY

The last time we were mentioning Bed Bath & Beyond, was back in January when the stock was trading just below $14. It’s been in a solid uptrend more recently, reaching over 19.50 yesterday. However, we’re getting a bearish feeling from the chart now, especially following the company’s earnings report for the 4th quarter yesterday postmarket.

The company came fairly close to analyst expectations on earnings, yet recorded same-store sales declines for the seventh quarter in a row as e-commerce players like Amazon continue to horn in on brick-and-mortar reliant chains.

We are going to track a bearish options idea into the end of the week for this chain, with the BBBY Weekly $17.50-17 Puts, with the stock already being down a couple of dollars from yesterday’s highs here in the premarket.
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FRESH OPTIONS IDEA:
Fastenal, Inc. FAST 04/18 $62.50-67.50 Calls


Extended Watchlist:
VKTX, EVH, FRED, KNDI, GLG, TOPS

Blue Horseshoe Stocks: FAST Review & More

Fastenal Co. FAST – Recap

We have had a continuous run of good fortune with our past several options calls over the last few weeks, and we continued to press our luck yesterday in signaling a range of options ideas for FAST.

We highlighted the FAST Weekly $50-55 Calls  as our fresh idea in yesterday morning’s premarket report, and not only did each of them provide chances for single-session profits, but they did so in absolutely grand fashion.

Serious multi-bag moves were on the menu regardless of which of the three strike points in our selected range was chosen by traders, with the $55’s being the most eye-popping with 38-bagger!

$50 Calls – Range: 1.65-6.50 – Max Gain: 294%
$52.50 Calls – Range: .45-4.00 – Max Gain: 789%
$55 Calls – Range: .05-1.98 – Max Gain: 3860%
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Fresh Idea :
Delta Airlines, Inc. DAL Weekly $49.50-51.50 Calls


Idera Pharmaceuticals, Inc. IDRA

We also want to place IDRA on bottom watch this morning after noticing how oversold the stock has become.

A merger agreement, one that wasn’t particularly favored to begin with, was cancelled, causing a big selloff. The kicker, is a literal ‘kicker’, a cancellation fee of $6M payable to IDRA by the proposed merger partner. That’s why we feel now is a good time to begin watching IDRA for a possible bottom bounce.


Extended Watchlist:
STAF, ZGNX, PZZA, NTRA, BBOX, CHFS, FTWS, RDGL

Blue Horseshoe Stocks: PEP Recap & More

PepsiCo, Inc. PEP – Options Recap

Yesterday morning Pepsi’s earnings provided us with one of the pair of options ideas included in our report. We were focused on the PepsiCo, Inc. PEP Weekly $109-112 Calls and are pleased to report that we found success with those immediately.

The single-session gain opportunities available to anyone who partook were substantial to say the least, continuing an impressive pattern of huge options winners we’ve uncovered over the last several sessions.

$109 Calls – Range: 1.23-4.00 – Max Gain: 225%
$110 Calls – Range: .70-3.05 – Max Gain: 336%
$111 Calls – Range: .38-2.05 – Max Gain: 439%
$112 Calls – Range: .19-1.30 – Max Gain: 589%


Tesla, Inc. TSLA

On Friday we began tracking some TSLA Calls, and we did remind our readers of these contracts yesterday, cautioning that it appeared as if the stock was ready to facilitate some good moves in our targets.

The TSLA 08/02 $300-315 Calls were those targets, and our hunch proved correct. While we swept the range, finding gains in all seven sets of contracts, in the interest of time, we’ll simply provide the moves from the bottom and the top of the range. Just keep in mind that the sets in between also enjoyed commensurate moves to the upside.

The $300 Calls ran from a low of 22.54 to a high of 35.81 for a gain of 59% while the $315’s ran from 16.70 to 26.01; an increase of 56%
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Fresh Idea:
Fastenal Co. FAST Weekly $50-55 Calls


Extended Watchlist:
TANH, TVIX, UAVS, OCX, MNGA, NVIV