Tag: FBIO

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: Fresh New Options Ideas

Alibaba Group Holding Ltd. BABA – Review
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On Friday morning, apart from recapping the amazing options idea we proffered in last week’s reports, we formulated one final fresh idea for the week. That was the BABA Weekly $165-162.50 Puts, and the performance there did not disappoint.

We sussed out multibag options gainers all week long, and this short on BABA was a solid way to cap it all off. The $165 Puts ran from a low of .78 and reached 2.26, for an intraday gain of 190% The $162.50’s also fared quite well, running from 1.84-4.36, which represents a 137% rip.
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SPDR S&P500 (ETF) SPY – Fresh Idea

In light of present conditions we’re observing, we’ll be staying on the short side of things with our fresh idea for today. We’re going to radar the SPY Weekly $290-288 Puts.

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Bonus Ideas:
Allakos, Inc. ALLK 08/16 $45-60 Calls 
Boeing, Inc. BA 09/06 $340-350 Calls

Extended Watchist: 
CEI, OESX, AYTU, FBIO, SAND, USLV

Blue Horseshoe Stocks: Options Updates

MGM Resorts International Inc. MGM

On Monday morning, we issued a Form-4 alert on MGM after witnessing more than $75M in insider buying at a bottom pour in over the course of the previous three sessions.

We can usually have a fairly high rate of confidence that a stock in this situation will produce a rebound, and so far that’s just what we’ve seen. We signaled the MGM 08/16 $28-30 Calls for tracking, and so far, we’ve seen some pretty nice moves.

$28 Calls – Range: 1.09-1.80 – Max Gain: 65%
$29 Calls – Range: .96-1.32 – Max Gain: 38%
$30 Calls – Range: .68-.95 – Max Gain: 40%

There is plenty of time to continue to look after this idea, which could certainly produce further gains from this point forward.
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Turtle Beach Corp. HEAR

We also added a pair of options contracts to watch in the HEAR chain last Thursday, and while we also have plenty of time to realize added gains in this case as well, the early performance out of these has been noteworthy, especially the $15’s which have already recorded a multi-bag move.

HEAR 10/18 $12.50-15 Calls.
$12.50 Calls – Range: .60-.90 – Max Gain: 50%
$15 Calls – Range: .20-.50 – Max Gain: 150%
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FRESH OPTIONS IDEA: 
Dave & Busters Entertainment Inc. PLAY  07/26 $40-45 Calls 

Ocular Therapeutix, Inc. OCUL – Recap

We also wanted to quickly mention the performance of OCUL since we alerted on the stock last month. It has produced quite a dip and rip since that time, touching a low of 2.38 before running as high as 4.08. That marks a total possible gain of 71% in a span of just over three weeks.


Extended Watchlist:
NETS, TBLT, JILL, HSGX, FBIO, RIOT, INSY(Bottom-bouncer)