Blue Horseshoe Stocks: JMIA Runner & More

Jumia Technologies JMIA

Our first order of business this morning is to mention the performance of JMIA after we included in yesterday’s premarket report on our extended watchlist.

This relatively new play doesn’t even have an options chain as yet, but the move made by the stock itself, especially for something in this price range, was really impressive. JMIA ran from a low of 33.10 on up to 43.50 during yesterday’s session, marking an impressive intraday rise of 31% As of this morning in the premarket, that high has risen to 50.60, and pushing our observed gain to a super solid 53%


FRESH OPTIONS IDEAS

Netflix, Inc. NFLX – Although the company downplayed its Q2 guidance in yesterday’s post-market release, NFLX still showed strong growth for the quarter, and looks to be in line for a solid finish to this four-day trading week which wraps up tomorrow in advance of Good Friday. Wre will look to possibly take advantage of the NFLX Weekly $365-375 Calls.

PepsiCo, Inc. PEP – Pepsi was among those companies reporting their quarterly earnings this morning in the premarket, and we’d like to formulate an idea there as well after the company posted a Q1 beat on profits and revs. We’re going to track the  PEP Weekly $124-125 Calls into tomorrow’s close.


Extended Watchlist:
QCOM, TXT, CSX, SBGL, TLGT, YUMA, TBLT, ADVM

Blue Horseshoe Stocks: NFLX Review & More

Netflix, Inc. NFLX – Review

Nearly as often as we signal weekly options ideas, we also formulate longer term ones. Last month on the 12th, we entered our interest in the NFLX 01/25 $290-300 Calls into the log, and after an epic start to 2019, we’ve seen some really great moves.

NFLX stock alone, subsequent to our last alert, has traded for as little as 231.23 up to as high as yesterday’s new top mark of 357.22. That’s an incredible 54% jump in less than five weeks! What that move allowed our selected contracts to do has been nothing short of Earth-shattering.

$290 Calls – Range: 3.80-68.25 – Max Gain: 1696%
$292.50 Calls – Range: 3.28-49.22 – Max Gain: 1400%
$295 Calls – Range: 3.80-60.45 – Max Gain: 1491%
$297.50 Calls – Range: 3.47-59.76 – Max Gain: 1622%
$300 Calls – Range: 2.66-57.69 – Max Gain: 2069%
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Fresh Options Ideas:
UAL Weekly $85-86 Calls
GT 03/01 $19-20 Calls


We also want to remind our readers to check out our PASO Report from Monday if you missed that, and stay tuned because we’ve got an exclusive interview with the company’s new Chief Operating Officer coming your way very soon!


Extended Watchlist:
PASO, HIPH, LXRX, GERN, TBLT, SCHW, TYME

Blue Horseshoe Stocks: Fresh Options Plays

DSW, Inc. DSW – Recap

Yesterday morning, we decided to highlight the attractive chart setup on DSW with the stock  trading at its lowest PPS since May. Despite another tumultuous day for the markets at large, DSW made an early dip-and-rip that savvy traders could have taken advantage of.

We designated the DSW 12/21 $22.50 & $25 Calls and were met with instant success. Both of those contracts produced significant gain opportunities in the first half of the session. The $22.50’s ran from a low of 2.05 and reached as high as 3.50 for a gain of 71% The $25’s fared even better, posting a multi-bag pop from .65-1.50, a 131% move.
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Fresh Options Ideas:
Apple Inc. AAPL 01/25 $175-180 Calls
Netflix Inc. NFLX 01/25 $290-300 Calls


Extended Watchlist:
SBS, RARX, FOMX, CORT, ESES, FIVE. SID, ASNA