Blue Horseshoe Stocks: Options Review


Options Review

We dedicated yesterday’s premarket newsletters to our Special Report, so we wanted to circle back this morning to go over a couple of options ideas we submitted to our readers on Tuesday morning.

We had identified plays in the ULTA and MKC options chains following a Form-4 Alert and an earnings report, respectively, and in both cases we met with fantastic multi-bag gain opportunities. Here were the total possible profits on the table:

ULTA 11/01 $260-265 Calls
$260 Calls – Range: 4.00-13.30 – Max Gain: 233%
$262.50 Calls – Range: 2.60-12.50 – Max Gain: 381%
$265 Calls – Range: 2.80-11.25 – Max Gain: 302%
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MKC Weekly $155-160 Calls

$155 Calls – Range: 5.58-13.58 – Max Gain: 143%
$160 Calls – Range: 2.82-9.12 – Max Gain: 223%
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Fresh Options Idea:
PEP Weekly $134-136 Calls 



American Renal Associates Holdings, Inc. ARA

We also want to place ARA on watch as a possible bottom bounce play. The stock has never been much lower than where it’s currently trading, has a recently history of sharp spikes, and indications that a significant rebound could be on the way. We’ll keep an eye peeled for such activity over the next several sessions.


Extended Watchlist:
CBNT, CLVS, ARQL, BIOC, HYRE, MEET

Blue Horseshoe Stocks: SSLJ New Highs & More

SSLJ.com Ltd. SSLJ

We included a reminder on SSLJ in yesterday’s premarket report, the second time since our initial alert on the Tuesday before last wherein we expressed our interest in the stock as a bottom play.

The stock subsequently experienced a low of .64 and while it had already made significant headway as of yesterday morning, the session brought even more impressive gains our way.

We mentioned it could move to fill its gap on the chart and it did so. The stock traded in a daily range from 1.72 to a new high of 3.00. That works out to an intraday run of 74% and represented a total increase of 369% from our observed low in just two weeks!


Advanced Micro Devices AMD

We recently had great success with some AMD options plays, a stock that we often use for that purpose, but didn’t talk much about the real story, which is the stock’s incredible rise this spring and summer.

We talk about AMD quite often in fact, with one of those alerts coming several months ago on April 26th. Since then, the stock has essentially done very little other than bull its way to impressive new highs. Subsequent to that April alert, it was trading at lows of 10.61 and it never looked back. The stock reached new highs of 20.18, a 90% increase. It’s rare to see such a big stock make a double but AMD has certainly gotten close over the past few months of activity.


Extended Watchlist:
HYRE, CGNX, ABIO, SPWR, GST, I