Blue Horseshoe Stocks: Big Gains Keep Coming!

Tilray, Inc. TLRY

We’re still tracking our idea from Tuesday morning‘s premarket report, the TLRY 09/21 $91-93 Calls. While we generally have stayed clear of most IPO’s in their very early stages in the past, Tilray was just too attractive not to dabble in, and the results have been fantastic thus far.

We’ve been looking at multi-bag gains for all three of the contracts in our observed range, and the stock itself has risen by a considerable margin this week. On Tuesday when we first alerted on it, it traded for as little 87.50, and yesterday reached a high of 127.27, a very impressive three-day swing of 45%

Here are the updated ranges on the options contracts we signaled for observation:

$91 Calls – Range: 6.43-27.50 – Max Gain: 328%
$92 Calls – Range: 5.51-27.80 – Max Gain: 405%
$93 Calls – Range: 5.23-23.70 – Max Gain: 353%
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Nio, Inc. NIO – Speaking of IPO’s, NIO, which debuted yesterday, made a lot of noise in just a single day on the market. We like the space it operates in- the company produces electric cars, and alternative energy will continue to become a more and more attractive sector as the fossil fuel age continues its slow but inevitable wind-down.

No options yet exist for NIO, so we’re just going to place it on watch as a solid looking, low-priced IPO, and may perhaps return sometime for options down the line, once its chain has been properly established.
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The Kroger Co. KR – Update

Another set of options ideas that we presented in yesterday’s report was the KR Weekly $31-29 Puts. Going bearish on options isn’t typical for us but when an opportunity presents itself, we’ll take it, and this was a good one.

All five of our designated contracts produced notable intraday gain opportunities:

$31 Puts
– Range: 2.02-2.53 – Max Gain: 25%
$30.50 Puts – Range: 1.39-2.05 – Max Gain: 47%
$30 Puts – Range: 1.04-1.57 – Max Gain: 51%
$29.50 Puts – Range: .71-1.06 – Max Gain: 49%
$29 Puts – Range: .30-.64 – Max Gain: 113%
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Fresh Idea:
SPY Weekly $290-291.50 Calls


Extended Watchlist:
BVX, MNGA, RHE, EARS. AGRX,

Blue Horseshoe Stocks: Options Winners

Options Winners

Our acumen in identifying successful short-to-mid-term options plays has been at  a high level for years now, and this week has been no different than those that came before it.

It was on Tuesday morning that our report contained a pair of ideas relating to the TLRY and TSLA chains. With the help of a solid Wednesday session, all contracts involved have produced notable gain opportunities:

TLRY 09/21 $91-93 Calls
$91 Calls – Range: 6.43-16.00 – Max Gain: 149%
$92 Calls – Range: 5.51-15.40 – Max Gain: 179%
$93 Calls – Range: 5.23-15.48 – Max Gain: 196%

TSLA 10/06 $285-290 Calls
$285 Calls – Range: 12.26-21.17 – Max Gain: 73%
$287.50 Calls – Range: 12.02-19.39 – Max Gain: 61%
$290 Calls – Range: 10.50-18.92 – Max Gain: 80%

Additionally, we signaled the BHC Weekly $21-22.50 Calls in yesterday morning’s report, and the $22′s and the $22.50′s yielded the most positive single-session results. The $22′s ran from .76-2.00 for a gain of 163% while the $22.50′s traded up from a low of .40 to hit 1.19, which worked out to a move of 198%
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FRESH IDEA:
KR Weekly $31-29 Puts


Extended Watchlist:
PDD, CARA, GNC, SLS, TKC, GERN, TLRD, PRPO

Blue Horseshoe Stocks: More Big Options Calls

Options Review

Once again we were able to score some good quick-strike options trading opportunities with the fresh ideas included with yesterday morning’s premarket report. It continued an extremely solid run of options ideas this week.

In three separate options chains, we selected a total of 12 options contracts to monitor, and solid chances for significant intraday gains were produced by 10 of those:

The Kroger Co. KR Weekly $28-29.50 Calls
$28 Calls
– Range: .41-1.04 – Max Gain: 154%
$28.50 Calls – Range: 21-.68 – Max Gain: 224%
$29 Calls – Range: .08-.41 – Max Gain: 413%

Darden Restaurants Inc. DRI 07/20 $100-115 Calls
$100 Calls
– Range: 3.00-8.20 – Max Gain: 173%
$105 Calls – Range: .90-4.10 – Max Gain: 355%
$110 Calls – Range: .30-1.50 – Max Gain: 400%
$115 Calls – Range: .05-.45 – Max Gain: 900%

Micron Technology, Inc. MU Weekly $61-62.50 Calls
$61 Calls – Range: .22-.57 – Max Gain: 159%
$61.50 Calls – Range: .17-.37 – Max Gain: 118%
$62 Calls – Range: .10-.24 – Max Gain: 140%
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More Fresh Ideas

We had an excellent day with yesterday’s fresh trio of options ideas*, so why not formulate another three to close out what has been a fantastic trading week. 

SPDRA S&P 500 ETF (SPY) Weekly $274-275.50 Calls*

BlackBerry Ltd. BB Weekly $11-12 Calls*

CarMax, Inc. KMX Weekly $75-78 Calls*

*Never trade weekly options on a Friday unless you are an expert trader with disposable funds!


Extended Watchlist:
FCEL, FTI, INPX, TS, TNTR, BPMX, CRC, OAS

Blue Horseshoe Stocks: Options Roundup

Options Round-Up

We had good fortune with yesterday’s options calls (see WGO below), and with a trio of big name earnings reports out either yesterday post-market or this morning, we figured we’d triple-down on some more fresh options ideas!

The Kroger Co. KR Weekly $28-29.50 Calls

Darden Restaurants Inc. DRI 07/20 $100-115 Calls

Micron Technology, Inc. MU Weekly $61-62.50 Calls

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Winnebago Industries, Inc. WGO - Options Recap

We took notice of Winnebago’s impressive earnings beat yesterday morning and promptly formulated a range of options ideas to try to take advantage of the situation.

We’ll selected the WGO Weekly $43-46 Calls to put on watch, and each of the four contracts in that range turned out to be a solid intraday mover. The following are the total possible gains which could have been banked off of these ideas on the day:

$53 Calls – Range: 2.29-4.30 – Max Gain: 88%
$54 Calls – Range: 2.00-3.60 – Max Gain: 80%
$55 Calls – Range: 1.50-3.00 – Max Gain: 100%
$60 Calls – Range: 1.18-2.40 – Max Gain: 103%


Extended Watchlist:
CRMD, RIOT, ARQL, TEO, WEB, YTEN, SAGD

Blue Horseshoe Stocks: Recaps, Fresh Ideas & More

Chipotle Mexican Grill, Inc. CMG 

Our extreme success on the options front continues. We cited the CMG chart setup as the reason for wanting to have our eye on the CMG Weekly $297.50-305 Calls yesterday morning, and were very pleased with the intraday performance we witnessed. It also didn’t hurt that the founder stepped down to make room for a new CEO, which went over well with the investment community.

Regardless of which strike price was chosen, there were some serious multi-bag single-session gains there for the taking:

$297.50 Calls – Range: 1.50-8.10 – Max Gain: 440%
$300 Calls – Range: 1.15-6.50 – Max Gain: 465%
$302.50 Calls – Range: .77-5.00 – Max Gain: 549%
$305 Calls – Range: .54-3.83 – Max Gain: 609%

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Fresh Idea:

The Kroger Co. KR – We want to signal some options to watch for Kroger as well after the company tidily topped 3Q forecasts with this morning’s earnings report. We’re going to be looking to the KR Weekly 25.50-27.50 Calls to try to take advantage of the conditions. We’re also anxious to listen in on the conference call slated for later this morning.



Crypto Recaps

Whatever you refer to it as, virtual currency, digital currency, or cryptocurrency, the rise of Bitcoin has fueled a hugely popular market sector, and caused many small companies to shift focus to attempt to capitalize on what has become pure hysteria.  Bitcoin breached $11,300 yesterday, and as a result, some of the BTC-related plays we’ve tagged have enjoyed really nice moves on the chart.

Integrated Ventures, Inc. INTV – Having recently lauched its bitcoin mining efforts, INTV is a stock that we slated for observation in our watchlist yesterday morning. The stock responded with a solid run from .551 to .97, marking an intraday pop of 76% on more than ten times its monthly average volume.

Peer to Peer Network PTOP - This one appeared in our watchlist earlier this month on the 7th. We came early to the party on this one, but with Bitcoin setting its new all-time high once again yesterday, it woke up in a big way. That included a serious intraday move of 1780% as PTOP traded from a low of .0005-.0094. It represented the stock’s highest price in three years, and a new all time record high volume, with over 400 million shares changing hands on the day.


Extended Watchlist:
RAD, MYSZ, RYB, MIK, ADMP, BOSC, IBIO, SNAP