FCEL Archives - Page 7 of 14 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Closing Out a Strong Week

Kandi Technologies Group Inc. KNDI – Recap

On Wednesday morning, we were looking at a pair of contracts in the KNDI options chain. We did see multi-bag gains out of those as mentioned in yesterday’s morning report, but perhaps just as big of a story is the move that KNDI stock itself managed in the two sessions since that alert.

From a low of 7.16 Wednesday morning, to yesterday’s high of 9.21, KNDI has managed to rattle off a 29% session-over-session increase. That’s a heck of a two-day swing for a $7+ stock, and will keep our interest as we close out the week.

This move was catalyzed by the US approval of two of the Chinese company’s electric vehicles. The National Highway Traffic Safety Administration gave the domestic go-ahead to KNDI’s Model EX3 and Model K22 electric cars.

Dominos Pizza, Inc. DPZ – Recap

We went bearish with some Dominos Puts yesterday, following a particularly bad quarterly release by the company in yesterday’s premarket earnings dump. Earning and revs were big misses, with same store sales making only a marginal jump.

We signaled our interest in tracking the DPZ Weekly $270-260 Puts and both of those sets of contracts recorded solid intraday moves to the upside, of which traders could have taken advantage. The $270 Puts ran from 12.02 to 20.50, marking a 71% rip, while the $260 surged even more, trading in a range from 4.99-12.84 for an intraday gain of 177%

Fresh Ideas:
TTD Weekly $170-175 Calls
ROKU Weekly $53-56 Calls

Extended Watchlist:
ZSAN, FCEL, SENS, OLED, CATM, CMRX, CGIX, XSPA, AITX

Blue Horseshoe Stocks: More Hot Options Calls

Roku, Inc. ROKU

We signaled a range of ROKU calls yesterday morning after having tracked the stock itself to some nice gains in recent weeks. Despite a late pullback, ROKU produced an intraday run sufficient to propel four out of our five sets of highlighted contracts to some really nice single session moves.

With the exception of the 45.50’s which were too far out of the money, all of the targets yielded multi-bag gain opportunities on the day.

$43.50 Calls – Range: .34-.88 – Max Gain: 159%
$44 Calls – Range: .20-.70 – Max Gain: 250%
$44.50 Calls – Range: .23-.50 – Max Gain: 117%
$45 Calls – Range: .16-.48 – Max Gain: 200%

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Petroleo Brasileiro SA (Petrobras) PBR – Update

Just a quick update on the PBR Weekly $14.50-15.50 Calls that we signaled and rode to some nice gains earlier this week. We wanted to remind readers that those are still in play, and with PBR gapping up in the premarket once again, we’d expect to see new highs on our tracked contracts which have already produced multi-bag upswings this week.

Constellation Brands Inc. STZ

We are quite familiar with Constellation, with the beverage giant being headquartered in the same city as our home offices. STZ was building some decent momentum off of recent lows, until this morning’s earnings release, where some lackluster figures and guidance for 2019 are getting the stock crushed in the premarket. It’s testing new annual lows, which has us sniffing for a bargain.

We are taking a longer view on this company and signal a couple of sets of extended-term calls for what we expect to be a rebound from current conditions in the weeks and months ahead. We’re going to place the STZ 02/01 $150-157.50 Calls and the 04/18 $160-170 Calls on watch.

Extended Watchlist:
USAT, ACST, KNDI, MYSZ, FCEL,

Blue Horseshoe Stocks: SPY Puts & More

SPDR S&P500 ETF (SPY) – Options Idea

We came up really big with some SPY options ideas just prior to the New Year break, and will look to continue that pattern today. The markets look to be gearing toward another slumping session, so we’re inclined to signal a range of of bearish ideas to correspond with the fund’s current activity.

We’re going to select the SPY 01/02 $248-245 Puts* for observation today, with the possibility of some considerable gain opportunities that would come our way with a bearish correction to last week’s bullish push.

Please note that these expire at the end of the day, and should thus be treated as Weekly options on a Friday. As we always mention in these instances: *Please do not attempt to trade options on the day they expire unless you’re a seasoned veteran trader with money to burn. While the potential rewards are great from this type of trading, the risk is equally grave.

Western Asset Mortgage Capital Corp. WMC

We want to put WMC on watch as a Form-4 bottom play, after noticing that the CFO picked up a multi-million dollar block of shares toward the end of last week, just as the stock has been coming down to new 52-week lows.

We will put it on our radar and be looking for it to establish itself as a recovery play as we kick off this new trading year.

Extended Watchlist:
GNCA, EBR, AKER, WMC, PLUG, NDRA, FCEL, CPST, CCCL

Blue Horseshoe Stocks: More Big Options Calls

Options Review

Once again we were able to score some good quick-strike options trading opportunities with the fresh ideas included with yesterday morning’s premarket report. It continued an extremely solid run of options ideas this week.

In three separate options chains, we selected a total of 12 options contracts to monitor, and solid chances for significant intraday gains were produced by 10 of those:

The Kroger Co. KR Weekly $28-29.50 Calls
$28 Calls – Range: .41-1.04 – Max Gain: 154%
$28.50 Calls – Range: 21-.68 – Max Gain: 224%
$29 Calls – Range: .08-.41 – Max Gain: 413%

Darden Restaurants Inc. DRI 07/20 $100-115 Calls
$100 Calls – Range: 3.00-8.20 – Max Gain: 173%
$105 Calls – Range: .90-4.10 – Max Gain: 355%
$110 Calls – Range: .30-1.50 – Max Gain: 400%
$115 Calls – Range: .05-.45 – Max Gain: 900%

Micron Technology, Inc. MU Weekly $61-62.50 Calls
$61 Calls – Range: .22-.57 – Max Gain: 159%
$61.50 Calls – Range: .17-.37 – Max Gain: 118%
$62 Calls – Range: .10-.24 – Max Gain: 140%
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More Fresh Ideas

We had an excellent day with yesterday’s fresh trio of options ideas*, so why not formulate another three to close out what has been a fantastic trading week.

SPDRA S&P 500 ETF (SPY) Weekly $274-275.50 Calls*

BlackBerry Ltd. BB Weekly $11-12 Calls*

CarMax, Inc. KMX Weekly $75-78 Calls*

*Never trade weekly options on a Friday unless you are an expert trader with disposable funds!

Extended Watchlist:
FCEL, FTI, INPX, TS, TNTR, BPMX, CRC, OAS

Blue Horseshoe Stocks: HEAR Review & More

Turtle Beach Corp. HEAR – Review

Our primary focus has always been to find near-term trading opportunities first, assigning longer-term calls a secondary priority. However, we’ve had quite a bit of good fortune this year in identifying stocks that have gone on to have considerable extended runs.

HEAR is one such stock, that we first signaled for observation on April 9th, at which time the stock was trading for as little as 2.76. Over the ensuing nine weeks, we have seen an incredible, near-continuous bull run that has resulted in new highs of 23.20 yesterday. That works out to an increase of 740% over a span of a little over two months!

Being in blue skies, there’s no telling what new highs we might see in HEAR; it’s certainly plausible to believe we may see our total observed gain reach a thousand percent at some point in the near future. At the rate things have been going, it’s certainly not an unreasonable thought.

H&R Block, Inc. HRB – Fresh Idea

We also want to provide a quick update on our bearish options idea from yesterday’s premarket report, the HRB Weekly $26-24 Puts. We formulated this range after noticing the stock getting kicked hard despite posting an earnings beat in the post-market on Tuesday.

HRB did gap down a little too far for the $26’s to see much action, but we had respectable chances to profit off of the other two contracts in the range. The $25 Puts ran from .65-1.05 for a gain of 62%, while the $24’s put up a double-bag performance with a 133% rip from .15-.35.

Galectin Therapeutics, Inc. GALT

We tagged GALT on Tuesday morning after noticing a big surge in activity, and its run has continued nicely over the course of the week.

We’ve now observed a solid 37% bullish move from 5.83-8.00, and will be on the lookout for the possibility of more new highs.

Extended Watchlist:
ENPH, CTRV, CODX, FCEL, ETSY, ONTX, MYSZ