Blue Horseshoe Stocks: Special Announcement

Special Announcement

As some of you might be aware, we are quickly approaching the 8th Anniversary of our newsletter archive site and home base on the web, It’s where you can go to find every single pick we’ve made since 2011, and catch our reports each and every trading day between 9 AM and the opening bell.

We have traditionally adopted the “If it ain’t broke, don’t fix it” motto, but this year, we will be modernizing the look and function of the site for the very first time! The brand new BHS website will be up and ready well in advance of our 8th birthday (August 7th).

Now is a great time to get the page bookmarked, and added to your device home screens, and if you’ve yet to do so, subscribe to our mailing list so you can be sure never to miss an ounce of coverage! 

SunPower Corp. SPWR – Update 

Last month (June 19th), we called SPWR one of the most steady-growth movers we’ve been tracking in 2019, since we began watching it all the way back in January. It had come all the way from a low of 5.06 and achieved more than a 100% gain as it reached the $11-mark.

After a slight consolidation, the stock once again resumed its steady upward march, and the past couple of weeks in particular have brought a serious addition to our total observed gains. SPWR hit 12.79 during yesterday’s session, which brings the increase we’ve witnessed in the 2019 calendar year to an impressive 153%

J.Jill, Inc. JILL – Update 

It was just under a month ago that we tagged JILL for observation (June 12th), and in that time span, we have seen slow but steady progress, which has amounted to a very respectable overall increase.

Subsequent to our initial alert, we would observe a low of 1.54. After these last few weeks of stair-stepping its way up, we have now witnessed another new high yesterday at 2.46, followed by a strong close just four cents below that mark. We have therefore seen JILL make a total move of 60% and will be eager to continue tracking its progress.

Blue Horseshoe Stocks: Friday Wrap-Up

Wrapping Up a Solid Week

Once again, we’ll turn in our cards for the week with multiple multi-bag winners. Our quick-strike options ideas are second to none. We’d invite anyone who disputes that to point us to a better options newsletter!

We’ve been running with FDX and MU since Wednesday morning’s premarket report. We had already seen gains in the 500% range on FDX and the 100-200% range on MU that day.

We continued to monitor the FDX calls, as well as roll up to a higher strike price on MU for yesterday’s session. Once again we met with great success. So, first thing this morning, we want to take a look at the updated figures of the total possible gains on these plays.

FedEx Corp. FDX
–  Weekly $157.50-160 Calls.

$157.50 Calls – Range: .59-6.60 – Max Gain: 1017%
$160 Calls – Range: .35-4.40 – Max Gain: 1157%

Micron Technology, Inc. MU –  Weekly $37 Calls.

$37 Calls – Range: .31-1.39 – Max Gain: 348%

We’re going to roll up on MU once again to stay close to the action, and will be tracking the $38-38.50 Calls as we close out out another great week for options trading. Just remember, never trade options with a weekly expiration on Friday unless you’re an expert level trader with access to disposable funds!

More Fresh Options Ideas
STZ Weekly $197.50-202.50 Calls
SPY Weekly $292 Calls

J.Jill, Inc. JILL

We also wanted to provide a quick update on a stock we tagged for observation a couple of weeks back on the 12th. JILL had been building a solid base and moving up slowly since then, up until yesterday when it really kicked things into another gear.

We observed a low of 1.54 subsequent to our initial alert, and yesterday’s new high came in at 2.29, marking an upswing of 49%

Extended Watchlist:

Blue Horseshoe Stocks: Options Updates

MGM Resorts International Inc. MGM

On Monday morning, we issued a Form-4 alert on MGM after witnessing more than $75M in insider buying at a bottom pour in over the course of the previous three sessions.

We can usually have a fairly high rate of confidence that a stock in this situation will produce a rebound, and so far that’s just what we’ve seen. We signaled the MGM 08/16 $28-30 Calls for tracking, and so far, we’ve seen some pretty nice moves.

$28 Calls – Range: 1.09-1.80 – Max Gain: 65%
$29 Calls – Range: .96-1.32 – Max Gain: 38%
$30 Calls – Range: .68-.95 – Max Gain: 40%

There is plenty of time to continue to look after this idea, which could certainly produce further gains from this point forward.

Turtle Beach Corp. HEAR

We also added a pair of options contracts to watch in the HEAR chain last Thursday, and while we also have plenty of time to realize added gains in this case as well, the early performance out of these has been noteworthy, especially the $15’s which have already recorded a multi-bag move.

HEAR 10/18 $12.50-15 Calls.
$12.50 Calls – Range: .60-.90 – Max Gain: 50%
$15 Calls – Range: .20-.50 – Max Gain: 150%

Dave & Busters Entertainment Inc. PLAY  07/26 $40-45 Calls 

Ocular Therapeutix, Inc. OCUL – Recap

We also wanted to quickly mention the performance of OCUL since we alerted on the stock last month. It has produced quite a dip and rip since that time, touching a low of 2.38 before running as high as 4.08. That marks a total possible gain of 71% in a span of just over three weeks.

Extended Watchlist: