LTUM Archives - Blue Horseshoe Stocks

Ringing in 2024 with a 4-Pack of Fresh Ideas

Best Wishes for 2024!

In a rare occurrence, we opted not to include any options trading ideas on Friday before breaking for the holiday. There were no earnings reporters, and the markets were looking rather subdued, and set up for a humdrum kind of a day. It was a quiet end to a year that had been anything but quiet, but we’re ready to get things rolling for 2024. We’ll still be without earnings reporters today, but that won’t stop us from rooting out something to focus upon for this first trading day of the year.

If 2024 turns out anywhere near as positive as 2023 was, we will be in very good shape! It is the 13th calendar year since we opened up BlueHorseshoeStocks.com as a daily archive of all of our newsletters (all 3,230 of which are still public and available for review!) and we’re going stronger than ever! To subscribers new and old, we hope you’ll stick with us for what promises to be a VERY interesting 2024!

Fresh Options Ideas:
MARA Weekly $26-27 Calls
COIN Weekly $175-177.50 Calls
AMD Weekly $145-144 Puts
VYGR 11/19 $10-12.50 Calls

Extended Watchlist:
RUM, ENZC, STAL, SGN, RIOT, NGM, VTXB, ZEVY, LTUM

2000% Options Gainer, Fresh Ideas!

HUGE Options Gainers:

We were very pleased with the performance of our targeted options plays in yesterday’s premarket report, in which we tagged four separate options ideas. Out of those plays, three were absolutely hot on the day, producing some nice chances for a daily profit. Be sure to read on, because today’s report features a 5-pack of fresh potential plays!

As for yesterday, we had the NFLX Weekly $260-252.50 Puts, the PG Weekly $160-162.50 Calls, the IBM Weekly $131-133 Calls on our radar, and here were the highly respectable performances they logged for the session, including a TWENTY-BAGGER in the PG chain:

NFLX Weekly $260-252.50 Puts
$260: 13.95-47.50 (+241%)
$257.50: 11.81-40.50 (+243%)
$255 10.10-42.05 (+316%)
$252.50: 10.00-37.43 (+374%)
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PG Weekly $160-162.50 Calls
$160: .68-4.50 (+562%)
$162.50: .11-2.38 (+2063%)
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IBM Weekly $131-133 Calls
$131: 3.45-8.49 (+57%)
$132: 2.50-7.35 (+146%)
$133: 1.85-6.52 (+252%)

Fresh Options Ideas:
LRCX Weekly $475-485 Calls
CSX Weekly $35-37 Calls
BX Weekly $123-126 Calls
CVNA Weekly $91-88 Puts
TSLA Weekly $1040-1060 Calls

Extended Watchlist:
KLDO, GSHRF, SHMP, LTUM, PVSP, SFIO, TOBAF, GFAI, MULN, CRXT, CYN, BRQS

A Perfect Options Slate, New Ideas

Clean Sweep on Options Plays:

We hit on another perfect slate of options ideas in yesterday morning’s premarket report, with all three of the target sets we highlighted for our readers making some very nice intraday runs.

The contracts we were focused in on were the JPM Weekly $129-127 Puts, the BBBY Weekly $17.50-16 Puts, and the DAL Weekly $39.50-41 Calls, with each set yielding at least a pair of of double-bag-or-better gain opportunities on the session.

Here were the exact figures on those excellent options trading ideas:

JPM Weekly $129-127 Puts
$129: 1.51-2.66 (+76%)
$128: .92-2.00 (+117%)
$127: .67-1.45 (+116%)
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BBBY Weekly $17.50-16 Puts
$17.50: .57-1.20 (+111%)
$17: .35-.88 (+151%)
$16.50: .23-.61 (+165%)
$16: .14-.40 (+186%)
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DAL Weekly $39.50-41 Calls
$39.50: .84-1.65 (+96%)
$40: .53-1.21 (+128%)
$40.50: .30-.82 (+178%)
$41: .14-.51 (+264%)

Fresh Options Ideas:
TWTR 04/14 $47-49 Calls*
GS 04/14 $325-330 Calls*
MS 04/14 $84-86 Calls*

*Please do not attempt to trade options contracts on their day of expiration unless you are an experienced trader with access to disposable funds.

Extended Watchlist:
LIQT, LTUM, KGKG, TTLHF, ETEK, LTCN, RVVTF, VERU, CRXT, KLDO, PBTS, DLPN, CRXTW

LTUM Recap & More

Lithium Corp. LTUM – Recap
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It was just this past Thursday that we mentioned LTUM on our watchlist and we are circling back today to report the solid move it has made since then. We always try to sprinkle in a few OTC plays despite our primary focus generally tending toward options these days. We are right in the middle of an earnings dead-zone, so it was helpful to have a play like LTUM on our radar.

The stock, from its initial low of .165, hit a new high of .33 during yesterday’s session. That represents a double bag increase of 100% in the span of just 3 trading days.

Fresh Options Idea:
SPY Weekly $340-341 Calls

Extended Watchlist:
AAGC, HNCKF, TLSS, BBXIA, CYDVF, PMPG, MXSG

SPY on a Run, Fresh Options Ideas

Options Recap
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Yesterday morning, despite reactions to the presidential debates causing a premarket dip in the markets, we decided to go bullish on the SPY, as four positive economic reports had also just dropped. Our hunch proved to be beneficial right from the opening bell as the markets spent the majority of the day ripping.

Our targets were the SPY Weekly $334-335 Calls, and both sets of contracts produced double bag gain chances for us. We did see a pullback late in the day after these runs, bringing them down to new lows, and based on this morning’s premarket activity, we should have another opportunity to see some big upswings from there.

SPY Weekly $334-335 Calls
$334: 2.45-5.55 (+126%)
$335: 2.21-4.81 (+117%)

We are also going to want to roll up to include the SPY $336-337 Calls on our watchlist.

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Fresh Options Idea:
BBBY Weekly $16-18 Calls
NKLA Weekly $21.50-23 Calls

ABCO Energy, Inc. ABCE – Recap
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Also included in yesterday’s report was a tag of ABCE in our extended watchlist, which is most typically where you can find our penny stock plays. It put together a solid multibag run from .0004 up to a high of .0009. That works out to an intraday gain of 125%

Based off of the momentum we saw yesterday, with the stock trading right around a billion and a half shares (over 26X the 30-day average volume), we will want to continue to monitor this play as well.

Extended Watchlist:
PECK, NKLA, BYOC, STHC, KRKNF, LTUM, CDTI