Blue Horseshoe Stocks: Recent Big Winners

SUCCESSFUL OPTIONS REVIEW

If you’ve been following our work for a long time, you have no doubt noticed a change over the years. From mainly OTC picks and the occasional big board play, to our present state. We still highlight pure stock plays when the situation calls for it, but the bulk of what makes us so accurate and successful is most definitely our knack for quick-strike options trading.

On Friday, both of our fresh ideas popped off for huge gains, and  play that we were tracking through the short week also added to its gains. We’ll outline the total possible profits from each of those trade ideas to start this new trading week:

SPY Weekly $298-299 Calls
$215 Calls – Range: .45-.97 – Max Gain: 116%
$217.50 Calls – Range: .29-.63 – Max Gain: 117%
$220 Calls – Range: .17-.38 – Max Gain: 124%

LULU Weekly $197.50-200 Calls 

$220 Calls – Range: 2.50-7.00 – Max Gain: 180%
$222.50 Calls – Range: .85-.4.66 – Max Gain: 448%

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PVH Corp. PVH

We were discussing PVH for half of the short week beginning on Tuesday with our signal on the PVH 09/20 $75-85 Calls on Wednesday morning, and the movement in the stock allowed additional gains throughout the week. Here are the updated figures of the maximum possible profits off of those ideas:

$75 Calls – Range: 5.10-11.10 – Max Gain: 118%
$80 Calls – Range: 2.00-6.50 – Max Gain: 250%
$85 Calls – Range: .55-2.90 – Max Gain: 427%

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Fresh Options Idea:
CARB 10/18 $17.50 Calls 


Pier 1 Imports Inc. PIR 

We also want to provide a quick recap of the performance of PIR since we called it as a bottom-watch play a little over two weeks ago on August 23rd. We went so far as to say “From current pricing, it would not be crazy to think that this retail stock may be capable of doubling”.

The following day the stock saw a low of 3.76, and hasn’t looked back since. On Friday it hit a new high of 7.20, falling just shy of our possibility assessment with a total increase of 91% over the past couple of weeks.


Extended Watchlist:
DMPI, KTOV, FCEL, ADAP, SFET, NSSC

Blue Horseshoe Stocks: TLRY Recap & More


Tilray, Inc. TLRY

Our first order of business this morning is to just provide a quick recap of our successful options idea from Friday, which we did not provide yesterday due to the release of our Special Report on PASO.(Check that report out if you missed it)

In Friday’s newsletter, we submitted the TLRY Weekly $92.50-95 Calls as potential day-trade candidates, and every single contract in that range provided huge multi-bag gain opportunities!

$92.50 Calls – Range: 2.10-8.30 – Max Gain: 295%
$93 Calls – Range: 2.00-9.20 – Max Gain: 360%
$93.50 Calls – Range: 1.80-5.00 – Max Gain: 178%
$94 Calls – Range: 2.14-9.83 – Max Gain: 359%
$95 Calls – Range: 1.21-8.85 – Max Gain: 631%


OPKO Health, Inc. OPK – Review

The last time we signaled OPK for observation was just a few weeks ago, on December 28th, just as the stock was gapping up off of its annual lows. Following that report, we’ve seen a couple weeks of steady gains, in an overall range from 2.84-3.935. That represents a solid 39% increase, and a good start to the 2019 calendar year.

We’ve also observed CEO Phillip Frost purchasing 15,000 shares out of the open market yesterday, near those highs. The next step for OPK would be to make a run at its 200DMA of 4.12, so we’ll continue to keep it on our radar in the days and weeks ahead.


Extended Watchlist:
PASO, DTEA, FTNW, KTOV, CVM

Blue Horseshoe Stocks: FL Recap & More

Footlocker, Inc. FL – Recap

On Friday, we cited a big profit and sales beat on Foot Locker’s Q1 earnings report, noting that we have had good luck with the company’s earning chain in the past. Our designated targets were the FL 06/15 $52.50-55 Calls. Lightning struck for us once again as FL surged and our ideas took off.

The $52.50 Calls ran hard from a low of 1.30 and subsequently hit a high of 4.50. That works out to a daily rip of 246% Meanwhile, the $55 Calls went on a slightly more intense ride, trading in a range from .65-2.54 for total possible intraday gains of 291%


ArQule, Inc. ARQL
It was just this past Wednesday morning that we were mentioning our late April call on ARQL which allowed us to catch the stock when it was trading as low as 2.40. ARQL had, at the time of last week’s mention, breached into the four-dollar range, but after a fruitful finish to the week, we have to circle back to comment on its impressive new highs.

In its fifth consecutive trading day of posting higher lows and higher highs, the stock reached a new high of 5.29, pushing our one month observed increase on the stock to 120%



Tintri, Inc. TNTR

We also want to place TNTR on bottom watch as we kick off the short trading week, after noticing that the stock has been absolutely crushed in the past week. It had already been on a steady downward trajectory, but as you can see below, the selloff really kicked into high gear just last week.

We’ve also noticed a rapid rise in the short volume, accounting for more than 1.2M of the stocks total volume on Friday. With the stock already having been egregiously oversold, this type of scenario can often lead to a short squeeze, and we will want to be ready to ride TNTR on the way back up, if that occurs.


Extended Watchlist:
ABIO, SBOT, MYSZ, CVPR, LPL, KTOV, OLED, VPLM(News)

Blue Horseshoe Stocks: TWTR Recap & More

Twitter, Inc. TWTR

Twitter posted its quarterly figures showing the company was nearing profitability, so we took the opportunity to signal a range of options, and what followed was Twitter’s biggest bullish session since last year, and some great chances for gains in our designated contracts, the TWTR Weekly $18-19.50 Calls.

$18 Calls – Range: 1.00-2.60 – Max Gain: 160%
$18.50 Calls – Range: .64-2.02 – Max Gain: 216%
$19 Calls
– Range: .38-1.65 – Max Gain: 334%
$19.50 Calls – Range: .18-1.15  – Max Gain: 539%

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Fresh Ideas:

Microsoft Corp. MSFT Weekly $82-85 Calls*

Apple Inc. AAPL Weekly $157.50-160 Calls*

*Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s just about as risky as it gets.


ITUS Corp. ITUS

We’ve been tracking ITUS since September 21st, subsequent to which point we witnessed a really great move in the stock from 1.92-5.15 for gains of up to 168% over just a few sessions.

In the past few weeks ITUS has been under consolidation, but yesterday the stock came down and kissed the 50DMA before bouncing. It’s gapping up this morning in the premarket, so we’ll want to watch closely for it to hold the 200DMA of 2.19 on any pullbacks. If it can manage that, we like the chances of seeing what could be more sizable moves for the stock in coming sessions.


Extended Watchlist:
EVOK, INTC, ATEN, AVXL, THC, WWR, DXTR, KTOV,

Blue Horseshoe Stocks: MNKD Recap & More

MannKind Corp. MNKD

We’ve been tracking MNKD pretty closely since April (saw a low of .6662 in May), and more recently, mentioned it in both Monday’s and yesterday’s premarket reports.

The intraweek swing made by the stock has been rather impressive, as it ran from a low of 2.01 on Monday to a new high of 6.51 yesterday. That works out to an increase of 224% Even readers who only caught yesterday’s alert still had a shot at gains of up to 80% (3.62-6.51).

Now’s a good time to mention our daily traders chats for the first time in awhile. These Skype-based live chats are open to any of our readers (Send contact request to “stocksumo”), and often provide added ideas over and above what we include in our daily premarket newsletters.

We signaled the MNKD Weekly $3.50 Calls and as you can see on the included snapshots, those subsequently ran from .40-2.80 for an intraday burst of 600%


Today we’ll want to keep an eye on the $5.00 and $5.50 Calls* in case MNKD wants to test that 6+ range again. We may also look to the 10/20 $5.50 and $6.00 Calls for possible swing trades in coming sessions.

*Important: Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s extremely risky.


Constellation Brands, Inc. STZ – Options Update

After a premarket earning beat and outlook hike. we alerted on a range of contracts in the STZ options chain yesterday morning. We were looking to the STZ 10/20 $210-220 Calls and all three produced notable moves on the day.

The $210′s ran from 2.05-4.96 (+142%), the $215′s from 1.10-2.37(+115%), and the $220′s from .55-1.01 (+84%). We’ll definitely want to continue to keep an eye on these calls, which don’t expire for another couple of weeks.


Extended Watchlist:
CDNA, XXII, KTOV, SNCR, TROV, DELT, GIGA, CEI