Tag: HD

Blue Horseshoe Stocks: AAP Recap & More

Advance Auto Parts, Inc. AAP

One of yesterday’s two options ideas that we offered up to our readers, AAP’s daily performance was the most pronounced. The machinations of the stock allowed for notable intraday gain opportunities, on the heels of the company’s Q2 earnings call. Those gains were as follows:

$145 Calls – Range: 8.92-14.55 – Max Gain:  62%
$150 Calls – Range: 4.80-9.67 – Max Gain: 40%
$155 Calls – Range: 2.50-5.40 – Max Gain: 51%

We’ve also caught word of a large share repurchase, so despite the fact that AAP is already in blue skies, we’ll continue to monitor these ideas.


The Home Depot, Inc. HD

The other fresh idea from yesterday’s report were the HD Weekly $195 & 197.50 Calls, and those also managed to produce significant chances for profits on the day.

The $195’s traded in a range from .81-2.46, a gain of 204% while the $187.50’s ran from .39-1.28. That was good for intraday gains of 228%


Energen Corp. EGN

Another longer-term set of ideas we recently offered up, the EGN 09/21 $75 & 77.50 Calls, have also begun to produce results. The $75 Calls gone from  1.10-1.95 (+77%), and the $77.50’straded from .90-1.10 (+22%).

While those are merely marginal moves, the stock is gearing up for another bullish session, gapping up significantly here in the premarket. We expect to see the ranges on these calls extended by a significant margin today.

FRESH OPTIONS IDEAS:
Constellation Brands, Inc. STZ  just purchased an additional $4B stake in Canopy Growth Corp. CGC,putting the beverage manufacturer effectively into the cannabis business. We will signal some calls here in both cases.For STZ, the 09/14 $220 & 222.50 Calls, and for the Canopy chain- the CGC 09/21 $30-40 Calls.

Extended Watchlist:
VLRX, GST, SXE, IDRA, STAF, NEPT

Blue Horseshoe Stocks: NLSN Update & More

Neilsen N.V. NLSN

One of the items of interest from our premarket report yesterday morning was a selection of options ideas, including the NLSN  09/21 $25-27 Calls. Despite being a longer-term set of ideas, with more than a month until expiration, it still paid instant single-session dividends.

$43 Calls – Range: .65-1.05 – Max Gain:  62%
$43.50 Calls – Range: .50-.70 – Max Gain: 40%
$44 Calls – Range: .33-.50 – Max Gain: 51%

The gains weren’t eye-popping but it was definitely a good start, with the NLSN chart still boasting a sizable gap to the upside which was only partially filled by yesterday’s activity. We’ll continue to monitor the situation.
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FRESH OPTIONS IDEAS:
The Home Depot, Inc. HD Weekly $196-197.50 Calls
Advance Auto Parts, Inc. AAP Weekly $145-155 Calls

Extended Watchlist:
GEVO, NANO, EYE, BZUN, TUR

Blue Horseshoe Stocks: TNDM Recap & More

Tandem Diabetes Corp. TNDM

First up this morning, we want to recap the performance of TNDM, since slating it for observation on April 11th. The following day, the stock found support at 6.62, and hasn’t looked back since.

Yesterday, after what has been a bullish period that has already persisted for weeks on end, the stock hit a new high of 11.30. That works out to an upswing of 71% in just a shade over a month, and the highest PPS the stock has seen for more than eight months. We’re not that far off from seeing TNDM test the highs from its huge run back in August of last year.

Stein Mart, Inc. SMRT

We also would like to backtrack to a call we made even earlier in the year that has made some excellent long term progress. We signaled interest in SMRT back on March 16th, and in these past two months the stock has done little else but continue to bull its way upward.

From the 1.33 low we witnessed shortly after that alert, SMRT has gone on  to reach a high of 3.35. That works out to a gain of 152%


The Home Depot, Inc. HD – Options Idea

HD was already looking a bit top-heavy, and that’s before the company released a an exceedingly disappointing quarterly report.

We’re going to want to track a range of bearish options ideas to correspond with the present situation- the HD Weekly $187.50-182.50 Puts.

Extended Watchlist:
INO, YUMA, NTLA, TVIX, UBQU