ICON Archives - Blue Horseshoe Stocks

Huge Moves on Thursday, 4 Friday Plays

Small Selection, Big Moves:

Thursday turned out to be another excellent session. While we only selected a pair of ideas containing a total of three contract sets in our premarket report, we did see some really nice multi-bag movers in each case. Sometimes we cast a wider net and other times, as we can see below, we’re sharpshooters!

Our targets for Thursday’s session were the ORCL Weekly $190-192.50 Calls, and the OXM 06/20 $45 Puts. Here were the figures they laid down for us:

ORCL Weekly $190-192.50 Calls
$190: 2.41-12.62 (+424%)
$192.50: 1.52-10.20 (+571%)
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OXM 06/20 $45 Puts
$45: .50-2.65 (+430%)

Fresh Options Ideas:
LMT Weekly $480-485 Calls*
RH Weekly $210-212.50 Calls*
ADBE Weekly $402.50-397.50 Puts*
CVX Weekly $147-149 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
CGBS, TMDE, ICON, RBNE, EONR, USEG

Friday’s Figures, 4 Fresh Options Ideas

Friday’s Runners:

It was the end of a wild week on Friday, and we left off in our premarket report with four possible options trading targets, all to the short side. The markets fell early and struggled in the first hour or so before recovering the lost ground later in the day. We were still able to see some good moves in our ideas first thing in the morning.

We had the FDX Weekly $227.50-225 Puts, the MU Weekly $101-99 Puts, the SPY 03/21 $563-561 Puts, and the NKE Weekly $69-67 Puts on watch, and here were the biggest upswings those plays recorded on the session:

FDX Weekly $227.50-225 Puts
$227.50: .57-1.23 (+900%)
$225: 1.64-2.56 (+900%)
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MU Weekly $101-99 Puts
$101: 3.70-7.08 (+91%)
$100: 2.89-6.25 (+116%)
$99: 2.50-5.12 (+104%)
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SPY 03/21 $563-561 Puts
$563: 2.40-4.43 (+85%)
$562: 1.85-3.70 (+100%)
$561: 1.39-3.21 (+131%)
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NKE Weekly $69-67 Puts
$69: .58-1.88 (+224%)
$68: .19-.94 (+395%)
$67: .05-.28 (+460%)

Fresh Options Ideas:
SPY 03/24 $568-570 Calls*
NVDA Weekly $118-120 Calls
VIK 04/17 $40-45 Calls
HUN 04/17 $16-17 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
DMN, XHLD, ICON, IMTE, MLGO, WINT, BTOG

Huge Moves on Friday, Trio of New Ideas

A Fantastic Friday:

In our most optimistic expectations, we would never have assumed that it would be possible for us to extend our streak of nothing but positive plays in our daily options watchlists to a full two months, but that’s where we’re at now! For our premarket report on Friday, we went with a selection of four possible targets, and each of them not only rose, but posted multi-bag upswings on the session. We even had a couple targets break the thousand-percent gain barrier (by a lot). Prior to this epic run, our longest ever perfect streak topped out at one session shy of one month, so this new milestone is truly wild to behold.

Friday’s prospects were the SPY 03/07 $573-575 Calls, the AVGO Weekly $197.50-202.50 Calls, the HPE Weekly $15.50-15 Puts, and the GAP Weekly $21.50-22.50 Calls. These were the splendid intraday increases they recorded:

SPY 03/07 $573-575 Calls
$573: .63-4.75 (+654%)
$574: .51-3.92 (+669%)
$575: .42-3.18 (+657%)
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AVGO Weekly $197.50-202.50 Calls
$197.50: .07-.61 (+771%)
$200: .04-.28 (+600%)
$202.50: .02-.10 (+500%)
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HPE Weekly $15.50-15 Puts
$15.50: .30-.62 (+107%)
$15: .11-.25 (+127%)
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GAP Weekly $21.50-22.50 Calls
$21.50: .27-1.73 (+541%)
$22: .10-1.22 (+1120%)
$22.50: .02-.75 (+3650%)

Fresh Options Ideas:
SPY 03/10 $$569-568 Puts*
NVDA Weekly $112-110 Puts
TSLA Weekly $257.50-252.50 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
SUNE, STSS, ICON, XAGE, RDFN, CKPT, TRVI, BDRX

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Options Recaps, 4 New Plays for Friday

Thursday’s Good Ideas:

We managed yet another solid sweep of our options board for Thursday, casting out four fresh ideas in our premarket report. We were pleased to find all four targets were primed and ready to go, with some really nice multi-bag movers in there.

We had our eyes on the BURL Weekly $262.50-267.50 Calls, the JD Weekly $45.50-46.50 Calls, the MDB Weekly $220-215 Puts, and the MRVL Weekly $76-74 Puts. Here were the results they then logged during yesterday’s trading:

BURL Weekly $262.50-267.50 Calls
$262.50: 4.60-6.39 (+39%)
$265: 2.50-5.70 (+128%)
$267.50: .55-1.05 (+91%)
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JD Weekly $45.50-46.50 Calls
$45.50: .22-.61 (+177%)
$46: .30-1.43 (+377%)
$46.50:.21-1.17 (+457%)
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MDB Weekly $220-215 Puts
$220: 11.16-27.00 (+142%)
$217.50: 10.05-18.92 (+88%)
$215: 7.77-23.06 (+197%)
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MRVL Weekly $76-74 Puts
$76: 2.16-4.33 (+101%)
$75: 1.58-3.60 (+128%)
$74: 1.20-2.87 (+139%)

Fresh Options Ideas:
SPY 03/07 $573-575 Calls*
AVGO Weekly $197.50-202.50 Calls*
HPE Weekly $15.50-14.50 Puts*
GAP Weekly $21.50-22.50 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Plus Therapeutics Inc. (NASDAQ:PSTV) – Recap:

We also wanted to acknowledge the huge mover that jumped off our extended watchlist from yesterday. PSTV saw a low of .47 on the day, before screaming its way to a high of 2.60. That works out to an intraday pop of 453%

Extended Watchlist:
SUNE, FAMI, BTOG, ICON, PEV,

Blue Horseshoe Stocks: New Options Ideas & More

Teva Pharmaceutical Industries Ltd. TEVA

We’re very interested in TEVA as a potential bottom bounce play. The stock registered new 52-week lows midway through last week, and has exhibited a solid level of support. Trending up slightly in the premarket, we’re going to be tracking a pair of June options contracts to coincide with what could easily be a significant rebound.

Our specific targets are going to be the TEVA 06/28 $12.50 & $13 Calls, which could present us with sizable opportunities to profit
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Sprint Corp. S

We’re also going to set our sights on a range of Sprint options as the company attempts to gain FCC and DOJ approval on its $26B proposed merger with T-Mobile. The review period ends in June, but we’re more interested in the short term capability of the stock to provide us with quick strike chances. We’re going to radar the S Weekly $7-8 Calls.

Adverum Biotechnologies, Inc. ADVM – Review

A stock we recently began tracking, ADVM has been in a fairly continual uptrend since we signaled it for observation on the morning of April 17th. In the last month, the stock has made considerable bullish strides.

From the low we observed on the day of our initial alert, at 5.44, ADVM has gone on to record a high of 9.17. That comes out to an increase of 69%

Extended Watchlist:
TOPS, GERN, GMO, AMRH, TRQ, CREX, FUN, ICON, SQQQ, TMUS, INDY