Blue Horseshoe Stocks: Bucking the Trend

HUYA Inc. HUYA – Bucking the Trend

Despite the markets as a whole precipitating the worst single-session drop-off of 2019 thus far, yesterday morning we included an options idea for HUYA on the heels of its earnings, and the stock was able to buck the overall market trend.

We had the HUYA Weekly $21-22 Calls on watch for the day, and all three contract sets afforded traders the chance at multi-bag gains on the day, flying in the face of the bloodbath that was occurring elsewhere.

The total potential profits on the table for those HUYA options were as follows:

$21 Calls – Range: .58-1.30 – Max Gain: 124%
$21.50 Calls – Range: .40-.95  – Max Gain: 138%
$22 Calls – Range: .20-.70 – Max Gain: 250%

**We published the right ranges, but the wrong set of gains in error this morning. Our apologies. The table has now been updated to reflect the correct percentage gains.


More Fresh Options Ideas:

Stock futures are headed back up this morning, at least in the premarket, on the heels of Walmart’s earnings report. We’re going to formulate a corresponding idea for that chain, as well as the SPY, and Alibaba which also reported its earnings today.

SPY Weekly $284.50-286 Calls
WMT Weekly $111-114 Calls
BABA Weekly $165-170 Calls 


Red Rocks Resort, Inc. RRR

To finish things up this morning, we’re going to place RRR on watch for a potential recovery n the days and weeks ahead. We noticed a series of Form-4 buys coming in at the bottom following the company’s earnings beat last week, to the tune of more than $20M.

You can also see that the MACD, one of our go-to indicators, is ripening for a bullish cross at any time. The volatility potential is here as well. We’ll want to radar RRR for a rebound going forward.


Extended Watchist: 
SINT, RVLV, PAYC, NE, MTC, TSG

Blue Horseshoe Stocks: Happy New Year!

Huge Winners from Friday

We highlighted multiple options ideas on Friday, and are pleased to report that we found major success across the board. Despite closing flat, the markets as a whole produced an intraday run which was sufficient to push everything on our radar to huge gains. It was a great way to close out 2018 with a bang, especially considering the poor trajectory we were on just a few sessions prior.

SPDR S&P500 ETF (SPY) – For the SPY we formulated two sets of ideas, one for calls and one for puts, and because of the market, both ideas were hugely successful. They were the  SPY Weekly $248-249.50 Calls, and the SPY Weekly $251-250 Puts. For the Calls, the crux of the gains came in the 2 o’clock hour, while the heaviest moves for the Puts came at Power Hour.

$248 Calls – Range: .84-3.47 – Max Gain: 313%
$248.50 Calls – Range: .64-2.80 - Max Gain: 338%
$249 Calls – Range: .50-2.50 – Max Gain: 400%
$249.50 Calls – Range: .40-2.05 - Max Gain: 410%

$251 Puts – Range: .81-3.81 – Max Gain: 370%
$250.50 Puts – Range: .62-3.21 - Max Gain: 418%
$250 Puts – Range: .43-3.02 - Max Gain: 602%
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Tesla, Inc. TSLA

We also had a range of TSLA Calls lined up on Friday, and those all fared extremely well also. The gains were even more impressive than those of the SPY, with a five, a six, and an eight-bagger in the mix!

$322.50 Calls – Range: 2.14-13.50 - Max Gain: 531%
$325 Calls – Range: 1.39-11.05– Max Gain: 636%
$327.50 Calls – Range: .90-8.80 - Max Gain: 878%


HAPPY NEW YEAR FROM BLUE HORSESHOE!

Despite the last few weeks of horrid market conditions, 2018 as a whole was another great year for us, and it was nice to finish it on a similar high note. We focused on, and will continue to focus on high risk high reward options plays, with stocks peppered in when appropriate. We appreciate every single one of our readers, and will strive to continue serving you well, as we head into Blue Horseshoe Stocks’ ninth calendar year! Happy New Year, and we look forward to a fantastic 2019!


Extended Watchlist:
ADMP, PLUG, CPB, SFL, NE, RAD, DNR, XXII, SFET, AMRS

Blue Horseshoe Stocks: The Week’s Top Winners

The Week’s Top Winners

Cisco Systems, Inc. CSCO – Among our fresh options ideas that we provided readers in yesterday’s premarket report, was a range of calls in the CSCO chain after the company issued much better Q1 figures than were expected.

Our targets were the CSCO Weekly $45-50-47.50 Calls and not only did they all produce instant opportunities for single-session profits, but those gains ended up being absolutely huge multi-bag intraday runs:

$45.50 Calls – Range: .40-1.33 – Max Gain: 232%
$46 Calls – Range: .20-.91 - Max Gain: 355%
$46.50 Calls – Range: .10-.54 – Max Gain: 440%
$47 Calls – Range: .03-.30 - Max Gain: 900%
$47.50 Calls – Range: .03-.11 – Max Gain: 266%
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We also had signled the Amarin Corp AMRN Weekly $15.50-17 Calls  and those too produced multi-bag rips across the board:

$15.50 Calls – Range: 1.22-3.90 – Max Gain: 220%
$16 Calls – Range: 1.00-3.00 - Max Gain: 200%
$16.50 Calls – Range: .69-2.90 – Max Gain: 320%
$17 Calls – Range: .52-2.00 - Max Gain: 285%

Today, we’ll look to potentially roll up our strike prices on AMRN to the Weekly $17 & $18 Calls*.

Bonus Idea:
PCG Weekly $24-26.50 Calls*

*NEVER trade weekly options on a Friday unless you are expert-level trader with disposable funds


Extended Watchlist:
NE, EOX, FPAY, ZAYO, AEZS, GSL, OGEN, SDRL