MINE Archives - Blue Horseshoe Stocks

Closing Out an Interesting Trading Week

Bearish Retail Targets Fall Despite General Uptrend:

With the state of the markets this week, we had remained primarily focused on bearish signals through to yesterday morning’s report. Even as stocks put forward an impressive rebound on Thursday, the majority of our tracked plays still produced.

Two of our three designated potential targets bucked the trend of the day, both giants in the retail space. The KSS Weekly $58-56.50 Puts and the RL Weekly $130-125 Puts logged very respectable intraday upswings, with four out of those six contract sets recording double-bag gains or better.

Here were those trend-bucking moves, and total potential daily gains for traders:

KSS Weekly $58-56.50 Puts
$58: 3.00-5.54 (+85%)
$57.50: 2.40-4.00 (+66%)
$57: 1.70-4.22 (+148%)
$56.50: 1.30-3.65 (+181%)
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RL Weekly $130-125 Puts
$130: 4.10-10.85 (+165%)
$125: 1.45-6.50 (+348%)

Fresh Options Ideas:

We’re going to flip back over to the other side of the fence this morning and designate some bullish options ideas for today. The scenario with the above mentioned short plays was the exception, not the rule. The typical key to our particular brand of quick-strike trading is to constantly keep your finger on the pulse of the markets and heed the prevailing winds.

BKE Weekly $40-42.50 Calls
DE Weekly $357.50-362.50 Calls
SPY 05/21 $415-417 Calls

Extended Watchlist:
ENKS, MLFB, IFUS, MINE, SUIC, COWI, TGRR, CZNI

Another Big Trading Week on the Books

Boeing, Equifax, Netflix Updates:

We had some big name earnings reporters toward the end of this week, and we’ve taken full advantage. On Wednesday, we signaled some successful weekly NFLX calls which once again put forth a solid intraday performance, and yesterday’s fresh ideas in the BA and EFX chains also worked out quite nicely on the day.

Our actual targets were the BA Weekly $235-237.50 Calls, the EFX 05/21 $210-220 Calls, and the NFLX Weekly $495-505 Calls, and here were the ranges and total possible gains we observed during yesterday’s session:

BA Weekly $235-237.50 Calls
$235 : 2.75-5.00 (+81%)
$237.50 : 1.42-3.05 (+115%)
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EFX 05/21 $210-220 Calls
$210 : 10.16-17.20 (+69%)
$220 : 3.40-11.40 (+235%)
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NFLX Weekly $495-505 Calls
$495: 7.40-14.45 (+95%)
$497.50: 5.75-10.30 (+79%)
$500 : 4.00-10.00 (+150%)
$502.50 : 2.90-8.00 (+176%)
$505 : 1.90-6.03 (+217%)
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Fresh Options Ideas:
SNAP Weekly $59.50-61 Calls*
AXP Weekly $143-140 Puts*
SCR 05/21 $17.50-20 Calls

*Please don’t attempt to trade weekly options on a Friday unless you are an experienced trader with access to disposable funds.

Blue Sphere Corp. BLSP

Once again we’re providing an update on BLSP, which we signaled in Wednesday’s report just prior to the stock making a 114% run from .0028 to .006. After recapping those numbers in yesterday’s report, we saw yet another excellent intraday exhibition from BLSP.

From a low of .0055, the stock pushed to a high of .0093, which represents an upswing of 76% on the day, and a two-day increase of 232% over our observed low on Wednesday. That high fell just one tick shy of the present 50DMA at .0094. Should it manage to breach that level, things could get even more interesting for BLSP, which was trading north of two cents as recently as February.

Extended Watchlist:
OZSC, GGII, PVDG, INVU, ABML, MINE, ADHC, TGRO, BMIX, ENMI, FBCD, RNVA

Options Swing Trade Ideas & More

Recap of Friday’s Plays:

We finished out last week with a bang as we reaped the reward of some very good options ideas. Not only did our fresh ideas from Friday morning in the SPY and TLS pop off for multibag gains, but our targets in DRI from Thursday morning’s premarket report, also tacked on some impressive new highs.

These gains were added in roughly the final 90 minutes of the session, where the markets made an incredible surge into the close that sets this holiday-shortened week up to be very interesting.

Here are the trading ranges and total possible profits on our successful ideas, a couple of which are still active for another couple of weeks before expiration:

SPY Weekly $398-399 Calls
$398: 1.85-7.63 (+312%)
$398.50: 2.23-6.44 (+189%)
$399: .53-5.32 (+903%)
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DRI 04/16 $135-140 Calls
$135: 3.20-13.20 (+313%)
$140: 2.40-9.60 (+300%)
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TLS 04/16 $35-40 Calls
$35: 2.70-4.80 (+78%)
$40: .60-3.00 (+400%)
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Fresh Options Ideas:
FUBO 05/21 $25-30 Calls

ViacomCBS, Inc. VIAC – Options Idea

We’ve been taking note of the massive selloff in VIAC over the past week as the company’s massive fundraising efforts resulted in a huge $2.1B block trade priced at roughly $47/share. The stock has come all the way down to those levels and we want to enter a longer-term swing trade idea to coincide.

We are going to radar the VIAC 06/18 $50-55 Calls and keep track of them over the coming weeks and months.

Extended Watchlist:
HCMC, VBHI, RXMD, MMEDF, MINE, TKOI, GRLT, IJJP, WSGF

DVLP Recap, Fresh Options Ideas

Options Review:

Our fresh options ideas in our morning report yesterday were the DRI 04/16 $135-140 Calls and the RH Weekly $510-502.50 Puts. We picked them off of the daily earnings calendar, and were met with significant gain opportunities as a result.

In the case of RH, the potential profits came shortly after 10 o’clock, and the lowest target in our selected range did not see much activity, but the chances were there nonetheless and a couple of them reached multibag status. The DRI contracts were in full-go mode, as Darden stock shot up more than ten dollars from 134.19-144.90.

DRI 04/16 $135-140 Calls
$135: 3.20-11.06 (+246%)
$140: 2.40-7.50 (+213%)
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RH Weekly $510-502.50 Puts
$510: 8.64-17.28 (+100%)
$507.50: 5.23-8.60 (+64%)
$505: 4.01-10.38 (+159%)
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Fresh Options Ideas:
SPY Weekly $398-399 Calls
TIGR 04/16 $17.50-20 Calls
TLS 04/16 $35-40 Calls

Golden Developing Solutions, Inc. DVLP – Recap

We included DVLP in yesterday’s extended watchlist, and the stock rose to the occasion with a very nice intraday run. We saw it jump from a low of .005, smash through the penny barrier, and go as high as .0144. That worked out to total possible gains of 188% on the day.

It also turned out to be the single highest daily volume in the entire history of the stock. With that kind of activity, we’ll certainly want to continue to reserve it a spot on our watchlist.

Extended Watchlist:
LTNC, LCLP, DSCR, GTEH, PRPM, MINE, DKSC, ATVK

TLRY’s Exponential Run & More

Tilray, Inc. TLRY – Major Run Still in Progress:

Our success with TLRY has been non-stop, first offering up a couple of options targets on Monday morning with the $26-27 Calls, and rolling up throughout the week as the stock has continuously soared to new highs. In Tuesday’s newsletters we reported on the multibag gains there, and tacked on the $34-36 Calls as additional targets.

We had to repeat the process yesterday morning, highlighting all of our tracked contracts’ performances, and once again adding higher strike points to our watchlist with the $50-52 Calls. We’re back for the fourth straight day today to do it again. TLRY has touched $75 in the premarket this morning, and we are repeating the process.

Here are the overall trading ranges and total possible gains on all of our selected targets in the TLRY chain. The stock itself has now run 189% intraweek since its Monday lows, providing our watchlist with the following incredible gainers:

TLRY Weekly Calls
$26: 1.70-39.25 (+2208%)
$27: 1.22-38.65 (+3068%)
(Since Monday)

$34: 2.49-31.10 (+1149%)
$35: 2.00-31.20 (+1460%)
$36: 1.77-30.70 (+1634%)
(Since Tuesday)

$50: 6.00-16.50 (+175%)
$51: 5.70-16.10 (+182%)
$52: 5.20-15.20 (+192%)
(Since Yesterday)

Twitter Inc. TWTR – Update

In addition to tracking the previously mentioned monster play, we offered up a couple of targets in yesterday morning’s report and got instant results from those as well.

TWTR Weekly $63-65 Calls
$63: 2.64-5.66 (+114%)
$64: 2.06-5.00 (+143%)
$65: 1.60-4.24 (+165%)

Fresh Options Ideas:
KHC Weekly $34-34.50 Calls
AZN Weekly $50-51 Calls

Extended Watchlist:
NEBC, GRSO, USMJ, STWC, RBNW, MINE, ARST, GRCV, GYOG