Blue Horseshoe Stocks: EGN Update & More

Energen Corp. EGN

A longer-term set of ideas we recently formulated were the EGN 09/21 $75 & 77.50 Calls. from our report on Monday morning. The contracts had shown marginal increases that day, but since then have added considerably to the highs we’ve observed.

We witnessed the following intraweek moves in these solid contracts, and with plenty of time left before expiration, even more gains are not out of the question.

The $75 Calls have thus far gone from  1.10-3.80 (+245%), while the $77.50′s have traded from .93-2.50 (+169%).
__________

Fresh Options Idea:
JWN Weekly $52.50-57.50 Calls


Extended Watchlist:
IZEA, FRO, GEMP, ARLZ, YUMA, ZOES, GST, EOLS

Blue Horseshoe Stocks: Cannabis Reminder

CANNABIS REMINDER

We took full advantage of the recent earnings season with a ton of great options ideas, but things are cooling down on that front for the moment. To start off this week, we’ll put our ever-continuing options search on hold for today, to bring our readers an annual reminder.

Each year as the summer season begins to wind down, we like to pull together a sizable watchlist for the cannabis space. The Autumn season has traditionally been the legal and medical marijuana industries’ most active in terms of movement on charts. The pattern has repeated itself year after year, so with the market appearing relatively quiet at the moment, now is a good time to reassert our interest in cannabis sector stocks for the coming of the fall rush.

The following is not an exhaustive list, merely a few old favorites, but we ensourage our readers to seek out and monitor any stock that is related to the field:

AGTK, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP


Avalon Holdings Corp. AWX

We’d also like to quickly share the performance of AWX following its inclusion in our premarket watchlist on Friday. Early on in the session, the stock ran from a low of 4.52, and went on to hit 6.79, which works out to a respectable intraday pop of 50%  That was sufficient to register as the NASDAQ’s #2 mover on the day.


Fresh Options Ideas:
Energen Corp. EGN 09/21 $75 $ 77.50 Calls
Neilsen Holdings plc NLSN 09/21 $25-27 Calls


Extended Watchlist:
GST, AKER, SYY, DPW, IZEA

Blue Horseshoe Stocks: Options Review & More

OPTIONS REVIEW

We had two fresh options trading ideas included in yesterday morning premarket report, and it should come as no shock to anyone who has been following our recent activity that we hit the nail on the head with both of them! We signaled some YELP and ROKU Calls, and of the eight sets of contracts we targeted, EIGHT produced big-time, multi-bag, single session gains!

YELP Weekly $43-44.50 Calls

$43 Calls – Range: 1.70-6.46 – Max Gain:  280%
$43.50 Calls – Range: 1.34-5.85 – Max Gain: 337%
$44 Calls – Range: 1.04-5.60 – Max Gain: 438%
$44.50 Calls – Range: .66-5.07 – Max Gain: 668%
________

ROKU Weekly $52-53.50 Calls

$52 Calls– Range: 2.00-5.85 – Max Gain:  193%
$52.50 Calls – Range: 1.50-5.35 – Max Gain: 257%
$53 Calls – Range: 1.36-4.80 – Max Gain: 253%
$53.50 Calls – Range: 1.10-4.40 – Max Gain: 300%
________

Fresh Idea:
OSTK Weekly $44.50-46.50


Extended Watchlist:
SA, IZEA, AWX, PLNT

Blue Horseshoe Stocks: XNET Recap & More

Options Review

Once again going back to the options ideas that we submitted in our premarket report on Friday morning we’ve got some updates on the figures for the VZ 01/19 $45-48 Calls. We gave several reasons why it appeared as if the gains we saw on Friday were just the beginning. We told our readers to loojk out for increases to the ranges we had observed to that point, and it was yet another spot-on call for us.

Each of the four sets of contracts in our highlighted range turned up with new highs, so here we’ve got the updated ranges and  potential two-day gains for anyone who was following along with our idea.

VZ 01/19 $45-48 Calls
$45 Calls – Range: 1.08 -2.01 – Max Gain: 86%
$46 Calls – Range: .59-1.35 – Max Gain: 129%
$47 Calls – Range: .39-.83 – Max Gain: 113%
$48 Calls – Range: .23-.50 – Max Gain: 117%

It’s a good thing that we did select a group of ideas that don;t expire for awhile, because it opens us up for the gains at even further success with these options. Indications suggest that the party may not be over. We may yet see further extensions of these ranges, so we’ll be sure to keep a sharp lookout.

_______

Fresh Ideas:
URBN Weekly $28-29.50 Calls

  PANW Weekly $150-155 Calls


Xunlei Ltd. XNET

Earlier this month, we tagged XNET for observation, and the stock has had one heck of a bullish month. We actually observed a low of  8.14 shortly following our initial alert, and this week has brought some really impressive new highs.

XNET made its way all the way to 19.57, in what has been a nearly continual uptrend all month long. It represents an increase of 140% That’s an awesome move for a $8+ stock to make over a matter of just a couple of weeks, and we’re definitely interested to see where it goes from here.


Extended Watchlist:
KBSF, CLSN, CHFS, KONE, IZEA, SNMX, MLNX, TLGT

Blue Horseshoe Stocks: AAPL Review & More

Apple, Inc. AAPL – Options Review

We’re now mentioning the calls we made for the Apple options chain on Tuesday for the third consecutive day, after each of our tracked contracts yet again set new highs during yesterday’s session.

To refresh your memory, we slated the AAPL Weekly $150-155 Calls for observation in Tuesday’s premarket report, and they provided solid gain opportunities ranging from 78-146% that day.

Here are the updated figures showing the lows from Tuesday, to the new highs attained yesterday.

$150 Calls – Range: 2.30-4.80 – Max Gain: 109%
$152.50 Calls – Range: 1.00-2.55 – Max Gain: 155%.
$155 Calls – Range: .28-.89 – Max Gain: 218%



Fresh Options Ideas


While we’re on roll with options calls, we might as well let it ride by selecting a couple of other ideas that are worth monitoring.

Tiffany & Co. TIF - Tiffany’s chart is showing a decent bottom setup, while some insider buying was reported this week near 4-month lows. We’re going to highlight the TIF 10/20 $92-93 Calls and keep them on our radars in the days and weeks ahead.

Blackberry Ltd. BBRY - For a more short-term idea, we’re going to signal the BBRY Weekly $9.50 & $10 Calls on the heels of Blackberry’s premarket earning beat. Prior to today, the stock has hovering around a solid level of support at roughly $9 for quite some time, but today’s release could definitely have a positive effect on the chart. The company posted a beat on profits and revenue, while software sales set company records.


Extended Watchlist:
ZYNE, ADHD, IZEA, CHFS, AQMS, GALE, OPGN, AEMD, VTGN