MRVL Archives - Page 4 of 5 - Blue Horseshoe Stocks

Friday’s Runners, Today’s Fresh Targets

Options Review:

As usual, we’re going to make our first order of business this morning, the highlighting of our options plays from Friday and what was performing. Three out of the five sets of ideas we formulated in Friday morning’s premarket report recorded notable intraday gains for us.

Those winning targets were the DOCU Weekly $190-175 Puts, the SMAR Weekly $65-70 Calls, and the MRVL Weekly $79-85 Calls. and while the gains weren’t earth-shattering, there were certainly plenty of strong intraday profit chances which could have been seized upon, to the tune of the following moves:

DOCU Weekly $190-175 Puts
$190: 35.01-58.12 (+66%)
$185: 29.82-53.30 (+79%)
$180: 24.24-42.00 (+73%)
$175: 20.04-42.97 (+114%)
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SMAR Weekly $65-70 Calls
$65: 4.60-7.24 (+57%)
$70: 3.04-4.00 (+32%)
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MRVL Weekly $79-85 Calls
$79: 6.53-9.00 (+38%)
$80: 5.06-8.60 (+70%)
$85: 1.53-4.50 (+194%)

Fresh Options Ideas:

The premarket earnings calendar is rather light this morning, but we did hash out some ideas with two out of the three reporters, as well as target some daily SPY Calls, as the markets appear to be gearing up to pare losses from Friday’s down session.

SAIC Weekly $85-90 Calls
DLHC Weekly $12.50 Calls
SPY 12/06 $453-454 Calls*

*Trading options contracts on their day of expiration carries higher risk, and should only be attempted by experienced traders

Extended Watchlist:
IGEN, TGHI, UAMM, AAPT, CGAC, MSNVF, LICH, TTCM

Options Explosions, Fresh Ideas

More Options Mastery:

We’re closing out another trading week on an exceptionally high note with regard to the performance of our options ideas from yesterday morning;’s premarket report. Day in and day out, we strive to come up with the best possible options daytrading ideas, and much more often than not, the opportunities are there.

Such was the case yesterday with all three of the targets we honed in on, which were the KR Weekly $41-42 Calls, the SNOW Weekly $335-350 Calls, and the OKTA Weekly $197.50-205 Calls.
All three sets of ideas we were tracking recorded excellent intraday movement, thanks in part to the markets’ bounce-back from Wednesday’s dip.

KR Weekly $41-42 Calls
$41: 1.21-4.50 (+272%)
$42: .51-3.53 (+592%)
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SNOW Weekly $335-350 Calls
$335: 8.50-25.69 (+202%)
$340: 6.12-21.90 (+258%)
$345: 4.50-18.49 (+311%)
$350: 3.30-14.20 (+330%)
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OKTA Weekly $197.50-205 Calls
$197.50: 18.05-24.48 (+36%)
$200: 14.95-24.00 (+61%)
$202.50: 13.26-18.75 (+41%)
$205: 11.00-18.32 (+67%)

Fresh Options Ideas:

We’re also going to go big with FIVE sets of ideas this morning, but please be advised that they will all be expiring at the close today. That being said, the markets look ready to rip once again, so we feel confident we’ll see some good activity from the following potential plays.

SPY 12/03 $457.50-459 Calls
DOCU Weekly $190-175 Puts
ULTA Weekly $395-405 Calls
SMAR Weekly $65-70 Calls
MRVL Weekly $79-85 Calls

Extended Watchlist:
LGVN, CYAD, BIOL, TGHI, UAMM, RPMT, WDLF

Interesting Technical Setups & More

Yesterday’s Earnings Plays:

Two of our fresh options plays for yesterday’s report were weekly calls, and despite a mixed session for the markets as a whole, they experienced appreciable intraday moves. The activity in the MRVL Weekly $49-51 Calls and the SFIX Weekly $61.50-65 Calls didn’t blow the lid off of anything, but we did witness some highly respectable gain opportunities.

MRVL Weekly $49-51 Calls
$49: 1.06-1.92 (+81%)
$50: .62-1.23 (+98%)
$51: .34-.68 (+100%)
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SFIX Weekly $61.50-65 Calls
$61.50: 3.65-5.54 (+52%)
$62: 3.35-5.48 (+64%)
$62.50: 3.13-4.80 (+53%)
$63: 2.84-4.72 (+66%)
$65: 1.91-3.45 (+81%)
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Fresh Options Ideas:
CPB Weekly $48-46 Puts
UNFI 06/18 $40-35 Puts

Interesting Chart Plays:

Also catching our eye this morning are a couple of interesting chart setups in FibroGen, Inc. FGEN and Fastly, Inc. FSLY, and in both cases we will be watching the stocks as well as some potential options ideas.

In the case of FGEN, there are a couple of large gaps to fill to the upside, and over the past couple of sessions the stock has given indication that it may be about to do so. We’re going to be tagging the FGEN 07/16 $27.50-30 Calls for observation.

On FSLY, the gap-fill has occurred this week and the PPS is now on the verge of breaking past the 50DMA with its considerable momentum. We’ll radar the FSLY 06/25 $61-63 Calls.

Extended Watchlist:
SRNW, JPEX, STHC, TTSI, ECMH, PLPL, NUVI, DCAC, CKPT, SPI, CLVS, AEHL, OEG

Big-Time OTC Movers & More

More Penny Poppers:

For those newer subscribers who may be unfamiliar with the way we operate, typically our interests in stocks traded on the OTC Markets are relegated to our daily Extended Watchlists. Our main features tend to be focused more on quick-strike options trading these days because that’s where we find the most excitement. That doesn’t mean we’ve forgotten our roots in the pennies!

We’ve had loads of success in unearthing interesting OTC plays in 2021 so far, and we started out the fresh trading week yesterday with another fine pair of movers that have been included in our watchlists on multiple occasions of late. Below you can find links to our archived reports from our initial alerts and the subsequent huge runs and multibag profit potential involved.

Enzolytics, Inc. ENZC
Alerted: April 16th
Range: .0866-.2979
Gained: +244%
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RushNet, Inc. RSHN
Alerted: May 13th
Range: .0008-.008
Gained: +900%

G-III Apparel Group, Inc. GIII – Options Recap

On account of the light earnings reporter load that we’ve mentioned in a previous report, we went with just one lone potential options target in yesterday’s premarket offering, the GIII 06/18 $30-35 Calls.

G-III Apparel posted a solid Q1 earnings beat along with optimistic guidance for the remainder of the fiscal year. It allowed the stock to break a double-top and set a new high of 35.80 which provided for the following moves in our tracked targets:

GIII 06/18 $30-35 Calls
$30: .90-2.25 (+150%)
$35: 3.80-5.60 (+47%)
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Fresh Options Ideas:
MRVL Weekly $49-51 Calls
SFIX Weekly $61.50-65 Calls
THO 06/18 $120-125 Calls
ASO 06/18 $35-40 Calls

Extended Watchlist:
PHIL, PLPL, RIHT, ICNM, FTEG, EFIR, CLOV, WEN, SONM, NEXT

Sweeping Options Success

Total Options Success

We have a multitude of options updates for our readers this morning, including new highs for our Campbell’s ideas from Wednesday morning, and the figures from all three of yesterday morning’s fresh options ideas, which all worked out extremely well.

It is a continuation of what has been an incredibly adept playing of the current market conditions. Our readers are welcome to check our record thoughout this time, and any other (Find ALL of our reports easily at BlueHorseshoeStocks.com)

CPB Weekly $49-50.50 Calls
$49: 2.03-4.45 (+119%)
$50: 1.25-3.82 (+206%)
$50.50: .98-2.80 (+186%)
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VIPS Weekly $13.50-14.50 Calls
$13.50: 1.25-2.79 (+123%)
$14: .85-2.90 (+241%)
$14.50: .40-1.95 (+388%)
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MRVL Weekly $23.50-25 Calls
$23.50: 1.10-2.21 (+101%)
$24: .45-1.78 (+296%)
$24.50: .42-1.32 (+214%)
**$25: .01-.95 (+9400%)**
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SPLK Weekly $152.50-149 Puts
$152.50: 5.15-12.80 (+149%)
$150: 3.58-11.00 (+207%)
$149: 3.10-8.79 (+185%)
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Fresh Ideas:
SPY Weekly $294-295.50 Calls*

*Don’t trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds!

Hear AtLast Holdings, Inc. HRAL

We’ve been tagging a lot of OTC stocks for observation in our extended watchlists, as penny plays can often see a rise in activity when uncertainty hits the major markets.

HRAL was the most impressive performer from yesterday’s list, with two distinctive moves on the day, first from .035-.0549 (+57%) and then from .0301-.043 (+43%) works out to cumulative gains of up to 100%