Blue Horseshoe Stocks: Options Updates

MGM Resorts International Inc. MGM

On Monday morning, we issued a Form-4 alert on MGM after witnessing more than $75M in insider buying at a bottom pour in over the course of the previous three sessions.

We can usually have a fairly high rate of confidence that a stock in this situation will produce a rebound, and so far that’s just what we’ve seen. We signaled the MGM 08/16 $28-30 Calls for tracking, and so far, we’ve seen some pretty nice moves.

$28 Calls – Range: 1.09-1.80 – Max Gain: 65%
$29 Calls – Range: .96-1.32 – Max Gain: 38%
$30 Calls – Range: .68-.95 – Max Gain: 40%

There is plenty of time to continue to look after this idea, which could certainly produce further gains from this point forward.
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Turtle Beach Corp. HEAR

We also added a pair of options contracts to watch in the HEAR chain last Thursday, and while we also have plenty of time to realize added gains in this case as well, the early performance out of these has been noteworthy, especially the $15′s which have already recorded a multi-bag move.

HEAR 10/18 $12.50-15 Calls.
$12.50 Calls – Range: .60-.90 – Max Gain: 50%
$15 Calls – Range: .20-.50 – Max Gain: 150%
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FRESH OPTIONS IDEA: 
Dave & Busters Entertainment Inc. PLAY  07/26 $40-45 Calls 


Ocular Therapeutix, Inc. OCUL – Recap

We also wanted to quickly mention the performance of OCUL since we alerted on the stock last month. It has produced quite a dip and rip since that time, touching a low of 2.38 before running as high as 4.08. That marks a total possible gain of 71% in a span of just over three weeks.



Extended Watchlist:
NETS, TBLT, JILL, HSGX, FBIO, RIOT, INSY(Bottom-bouncer)

Blue Horseshoe Stocks: Mid-Week Updates

Lans Holdings, Inc. LAHO

Over the years we have evolved as the markets have, always trying to find the quickest ways to find the largest gain opportunities possible. On occasion, we do take a break from the big boards and options trading that have become our bread and butter, and go back to our subpenny roots on the OTC. Yesterday, we picked up on LAHO as the company released some fresh news and we witnessed quite an intraday run from the stock.

LAHO traded up from a low of .0005 and hit .0009, for a move of 80% and in some premarket activity this morning, we’ve seen trades go off at .0011, which marks a 24-hour swing of 120% We’ll continue to watch to see if this play can keep the momentum going.


Xalles Holdings, Inc. XALL

We also took a look at XALL in yesterday’s newsletter, another microcap that has been building a head of steam recently. This crypto play has been riding the wave of Bitcoin’s resurgence in a big way, and kept that going for us in yesterday’s session.

XALL traded in a range from .015 up to .021 for a respectable intraday push of 40% out of this stock, whose public float was recently halved. We’ll keep monitoring this one as well.


FRESH OPTIONS IDEAS
Dicks Sporting Goods, Inc. DKS Weekly $35-36.50 Calls
YY, Inc. YY Weekly $67 Calls


Extended Watchlist:
AMPG, BPMX, NETS, JAGX, PDSB, HEI, REKR