Blue Horseshoe Stocks: AAPL, SPY Winners & More

Apple, Inc. AAPL – Recap

We submitted two separate options trading ideas in yesterday morning’s premarket report, the first of which being the AAPL Weekly $160-162.50 Calls. It’s beeen quite some time since we played with the AAPL chain, but it is the stock that originally brought us into the fold of options day and swing trading that we’ve adopted as one of our main functions.

It came as no surprise when the Fed announced no interest rate hike yesterday that the markets responded bullishly and allowed for some very nice multi-bag moves on our designated targets.

$160 Calls – Range: 2.14-6.32 – Max Gain: 195%
$162.50 Calls – Range: 1.05-4.19 – Max Gain: 299%
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SPDR S&P 500 ETF (SPY) – Recap 

Our second set of options ideas from yesterday were the SPY Weekly $264-265.50 Calls, and of course, those also fared well with the SPY being an excellent market analog, and another well that we revisit on a regular basis for short term options plays.

The gains on our highlighted contracts were even more impressive in this case, with each and every strike point returning potential gains ranging from 343-598% in a single session.

$264 Calls – Range: 1.07-4.74 – Max Gain: 343%
$264.50 Calls – Range: .82-4.03 – Max Gain: 385%
$265 Calls – Range: .59-3.50 – Max Gain: 493%
$265.50 Calls – Range: .43-3.00 – Max Gain: 598%

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Fresh Options Ideas:
UPS Weekly $104-107 Calls
MA Weekly $207.50-217.50 Calls


Extended Watchlist:
YRCW, PTIE, TEX, FRED, GERN, GOL, GE. APRN, BIOC, EGO

Blue Horseshoe Stocks: NFLX Review & More

Netflix, Inc. NFLX – Review

Nearly as often as we signal weekly options ideas, we also formulate longer term ones. Last month on the 12th, we entered our interest in the NFLX 01/25 $290-300 Calls into the log, and after an epic start to 2019, we’ve seen some really great moves.

NFLX stock alone, subsequent to our last alert, has traded for as little as 231.23 up to as high as yesterday’s new top mark of 357.22. That’s an incredible 54% jump in less than five weeks! What that move allowed our selected contracts to do has been nothing short of Earth-shattering.

$290 Calls – Range: 3.80-68.25 – Max Gain: 1696%
$292.50 Calls – Range: 3.28-49.22 – Max Gain: 1400%
$295 Calls – Range: 3.80-60.45 – Max Gain: 1491%
$297.50 Calls – Range: 3.47-59.76 – Max Gain: 1622%
$300 Calls – Range: 2.66-57.69 – Max Gain: 2069%
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Fresh Options Ideas:
UAL Weekly $85-86 Calls
GT 03/01 $19-20 Calls


We also want to remind our readers to check out our PASO Report from Monday if you missed that, and stay tuned because we’ve got an exclusive interview with the company’s new Chief Operating Officer coming your way very soon!


Extended Watchlist:
PASO, HIPH, LXRX, GERN, TBLT, SCHW, TYME

Blue Horseshoe Stocks: Form-4 Alert & More

Options Updates 

We offered up a couple of fresh options ideas in yesterday morning’s report, GIS Weekly $37.50 Calls, and the MU Weekly $31-32 Calls. Despite the markets taking yet another hit in the wake of the Fed’s interest rate hike, both of those ideas managed to produce some positive intraday movement prior to the announcement.

The GIS $37.50′s traded up from 1.31 to 1.80, for a modest 37% rise, but the MU calls did considerably better, logging multi-bag gain opportunities:

MU Weekly $31-32 Calls
$31 Puts – Range: 1.03-2.47 – Max Gain: 140%
$31.50 Puts – Range: .70-2.21 - Max Gain: 216%
$32 Puts – Range: .46-1.83 - Max Gain: 298%


Axovant Sciences Ltd. AXON – Form-4 Alert

We routinely keep an eye out for brow-raising insider trading activity, and have run across AXON today. A trio of stakeholders filed Form-4′s on Tuesday alluding to the purchase of a total of $30M in AXON stock in three $10M transactions, at the current relative lows near a dollar. That amounts to over a quarter of the company’s total market value.

To us, this would seem a fairly big indicator that these institutional investors are very confident that the stock will not fall below these levels. We’ll go ahead and place AXON on an extended term bottom-watch into the New Year.


Extended Watchlist:
OHGI, OPTT, YRIV, GMO, PTX, GERN, SBS, NXTD, MARK, HEAR

Blue Horseshoe Stocks: PVTL Bottom Play & More

Pivotal Software Inc. PVTL

We’ve been quietly tracking this play for quite some time, and feel it’s just about ready to make a move. As you can see on the included chart, PVTL has sold off after recent earnings, and the stock has found support at a solid double-bottom in the $19-range.

You can also see that PVTL is approaching heavily oversold territory, and the MACD is converging sharply toward a bullish cross, not to mention a sizable gap to the upside. We’re going to want to have a range of options contracts on watch in the days and weeks ahead in the event that the rebound occurs which looks just about due at the present time.

Our targets will be the PVTL 10/19 $19-22 Calls.


Blackberry Ltd. BB

We also want to designate a pair of options contracts for the Blackberry chain this morning on the heels of the company’s Q2 profit beat.

We’ll be looking for a dip-and-rip scenario, which, if it occurs, should produce some significant gain opportunities in the BB Weekly $10 & $10.50 Calls.


Extended Watchlist: 
ENPH, MRTX, DGLY, GERN, IGC, IMMP

Blue Horseshoe Stocks: AMD Review & More

Advanced Micro Devices, Inc. AMD

Our first order of business today is going to be to take a look at the incredible year AMD has had. We’ve mentioned it quite a few times along the way, but if we track all the way back to April 26th, we see that we caught this stock at a low of 10.61.

AMD has been an absolute juggernaught all year, and this morning in the premarket trades are going off at 33.25. That’s 213% higher than our observed share price this spring, and AMD shows little sign of slowing its gradual ascent.

In terms of options ideas, we are going to put an observation tag on the AMD Weekly $32-33 Calls.


Adobe Systems, Inc. ADBE

Yesterday morning for a fresh options idea,we stated that if we saw ADBE maintain support at or above 258.49, we were going to be very interested in the ADBE 10/26 $260-265 Calls.

The stock began to make the reversal we expected yesterday, and its activity fueled the first round of gains for our calls, which were as follows:

$260 Calls– Range: 8.05-10.50 – Max Gain: 30%
$262.50 Calls – Range: 7.25-8.50 – Max Gain: 17%
$265 Calls – Range: 4.85-7.85 – Max Gain: 62%

We would not be at all surprised to have to swing back around to report much larger gains down the road on these ideas, but yesterday’s activity was a solid start.


Extended Watchlist: 
CEI, GERN, YUMA, JONE, HUSA, NIHD, QTNT,