Blue Horseshoe Stocks: Trio of Post-Earnings Options Ideas

Trio of Post-Earnings Options Ideas

As our regular readers are more than aware, we are always looking in the earnings calendar to find potential quick-strike options trading opportunities. After a strong earnings report, chances to take advantage of the clamor for shares are often plentiful.

This morning we’ve got three separate ideas, to help us try to do just that. After solid reports all around we’re looking to formulate ideas for The TJX Companies, Inc. TJX, Advanced Auto Parts, Inc. AAP, and Kohls Corp. KSS options chains.

TJX 06/15 $85-90 Calls
AAP 06/15 $120-130 Calls

KSS Weekly $67.50-69.50 Calls


Agile Therapeutics, Inc. AGRX

Another thing we’re always looking for is bottom-play opportunities. We want to place AGRX on watch after seeing the stock get absolutely crushed over the past few sessions.

The short interest has risen dramatically as you can see on the AGRX page of Naked Short Report, and caused a serious gap down to perhaps unsustainably low levels. When an influx of buyers looking for a bargain comes in, we could see that gap begin to fill. We’ll have it on a close bottom watch.


Extended Watchlist:
MU, DNR, TGA, SYN, GSM

Blue Horseshoe Stocks: DMPI Recap & More

Del Mar Pharmaceuticals, Inc . DMPI

We wanted to swing back around to recap the solid performance of DMPI since we tagged it the day after the Christmas break a couple of weeks back.

It was just a couple sessions later that the stock would find support at .96, and begin a pretty substantial run up the chart. It was helped along by the last six consecutive sessions registering higher base levels of support as the stock has crept all the way up to a high of 1.75, recorded on Friday.

That worked out to a move of 82% in less than two trading weeks, while volume over the same period has been heightened. The high coincided with the current 200DMA, so we’ll look for DMPI to possibly crack that 1.75 mark and head for blue skies.



Kohls Corp KSS

We want to include an options idea for Kohls as we kick off the first full trading week of 2018, on the heels of a solid earnings report.

The company posted strong sales for the holiday season, while giving a significant boost to full year guidance. Shares jumped accordingly in premarket trading, and we are going to be waiting with some targeted weekly contracts to coincide with the activity. We’re going to signal and track the KSS Weekly $58-60 Calls.


Extended Watchlist:
STX, UEPS, ARGS, SDRL, VRAY, NTEC, IMNP, KBSF