Blue Horseshoe Stocks: Options Roundup

Weibo, Inc. WB

We targeted some bearish Weibo ideas in yesterday morning’s premarket report, and with the help of a rough day for the markets in general, we saw some excellent single-session gain chances from our highlighted contracts, the WB Weekly $46-44 Puts.

Out of the four contracts contained within our designated range, all four recorded double-bag gains on the day, which were as follows:

$46 Puts – Range: 1.55-3.30 – Max Gain: 113%
$45.50 Puts – Range: 1.18-3.10  – Max Gain: 163%
$45 Puts – Range: 1.05-2.50 – Max Gain: 138%
$44 Puts – Range: .55-1.80  – Max Gain: 227%
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Target Corp. TGT

On Wednesday, we offered up the TGT Weekly $75-77 Calls as an options idea, and we’re happy to report that all of those returned opportunities at multi-bag gains as well.

$75 Calls – Range: 2.26-4.55 – Max Gain: 101%
$75.50 Calls – Range: 2.00-4.05  – Max Gain: 103%
$76 Calls – Range: 1.46-3.45 – Max Gain: 136%
$76.50 Calls – Range: .91-2.81  – Max Gain: 209%
$77 Calls – Range: .70-2.58 – Max Gain: 270%


FRESH OPTIONS IDEAS
SPY Weekly $282.50-283.50 Calls*
HPQ Weekly $19-19.50 Calls
*
CVS 07/19 $52.50-55 Calls

*Please don’t attempt to trade weekly options on a Friday if you are not an advanced level trader with access to disposable funds!


Extended Watchlist:
AMPG, HSGX, DNR, DHT, PTN, AETI, DVAX, VSAT, MBIO, ONVO, GPN, VSAT, YRIV

Blue Horseshoe Stocks: AMPG Update & More

OPTIONS RECAPAfter recapping the excellent success we had with Friday’s options ideas in yesterday’s morning report, we formulated an idea for the SPY to correspond to Friday’s extremely bullish close of the markets.

We had designated the SPY 04/29 $292.50-293.50 Calls to watch for yesterday, and we are happy to report that gains on this one-day idea were certainly available for anyone who caught our alert, and those were as follows:

$292.50 Calls – Range: 1.16-1.91 – Max Gain: 65%
$293 Calls – Range: .57-1.45 – Max Gain: 154%
$293.50 Calls – Range: .35-.95  – Max Gain: 171%
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FRESH OPTIONS IDEAS:
STX Weekly $46.50-47.50 Calls
GE Weekly $10 Calls


AmpliTech Group, Inc. AMPGWe also wanted to track back to AMPG, which we profiled at the beginning of last month (>>View Report). The company recently added an independent director, with a wealth of related experience, and we feel the company has made an excellent choice.
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On April 25, 2019, Wayne Homschek was appointed as a director of Amplitech Group, Inc Mr. Homschek is independent using the definition of independence under NASDAQ Listing Rule 5605(a)(2) and the standards established by the SEC. Therefore, the Company intends to appoint Mr. Homschek as chairman of the audit committee, compensation committee and nominating committee on the formation thereof.

Wayne Homschek has been a Managing Director at Bentley Associates L.P. (“Bentley”), a New York based boutique investment bank specializing in mergers and acquisitions and private financings, since 2015.  Mr Homschek currently sits on the Board of AR Orthopedic Holdings, LLC, a private-equity backed life sciences company. Prior to joining Bentley, Mr Homschek founded and grew a multinational hospitality company (from 2003 to 2014), growing the company to over $50mm in sales during his tenure.  Mr Homschek began his career in investment banking at the Prudential Investment Corporation in 1987 in New York, was transferred to Sydney, Australia in 1989, and moved to Salomon Smith Barney/Citigroup in 1998, where he ran the firm’s Australasian telecom, media and technology franchise until 2002. (>>View Full 8-K)

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Stay tuned for further coverage on AMPG, which is now trading significantly higher than where it was when we first came across it, and continuing to gear up for a fruitful 2019. 


Extended Watchlist:
VERB, HEB, HSGX, YUMC, PINS, ZYNE, VRNS, NXPI

Blue Horseshoe Stocks: SPY Calls & More

SPDR S&P500 ETF (SPY)

We are wrapping up a very solid week, which even included a twenty-bagger (NFLX $300 Calls, +2069%). This morning, with the markets appearing to be geared toward  bullish finish to the week, we will entertain a range of SPY Calls, for the possibility of some good daytrades to really end things on a high note going into the upcoming long weekend.

The SPY is our go-to target when not a lot else is jumping off of the scanner, and we’ve played it successfully on more occasions to count. The most recent being a couple of sets of ideas we made just prior to the New Year, which resulted in gains ranging from 300-600%

Today, we are going to be tracking the SPY Weekly $263.50-265 Calls.*
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Bonus Ideas:
JBHT 02/15 $100 & $105 Calls
CGC Weekly $43-44.50 Calls*
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*Please do not attempt to trade weekly options on a Friday unless you an advanced level trader with disposable funds.


Extended Watchlist:
BPTH, MTNB, KNDI, HSGX, CRBP, CCCL