Tag: NUOT

Blue Horseshoe Stocks: Cleaning Up on Options Trading

Options Winners

We’ve been firing on all cylinders with regard to our short term options ideas recently. Yesterday we offered up some ideas for AAPL and BIIB and in both cases, multi-bag intraday returns were attainable no matter which set of contracts were chosen from our target ranges.

Apple, Inc. AAPL

We went bearish on AAPL for a number of reasons, chief among them being a disappointing earnings release, and negative statements by CEO Tim Cook. We were looking for activity in the range of the AAPL Weekly $97-95.50 Puts provided the stock continued to backslide, and were duly rewarded for the idea.

$97 Puts – Trading Range: 1.58-3.72  – Max Gain: 135%
$96.50 Puts – Trading Range: 1.27-3.27 – Max Gain: 157%
$96 Puts – Trading Range: 1.05-2.85 – Max Gain: 171%
$95.50 Puts – Trading Range: .83-2.45  – Max Gain: 195%
$95 Puts – Trading Range: .65-2.10 – Max Gain: 223%

Biogen, Inc. BIIB

On the other side of the fence, BIIB was gapping up hard in the premarket and we liked the chances of seeing some more upside. We highlighted BIIB Weekly $267.50 through $280 Calls and it worked out in spades.

$267.50 Calls – Trading Range: 6.30-17.50  – Max Gain: 178%
$270 Calls – Trading Range: 4.70-15.30 – Max Gain: 226%
$272.50 Calls – Trading Range: 3.45-12.30 – Max Gain: 257%
$275 Calls – Trading Range: 2.45-10.50  – Max Gain: 329%
$277.50 Calls – Trading Range: 1.74-8.45 – Max Gain: 386%
$280 Calls – Trading Range: .99-7.00 – Max Gain: 607%

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Fresh Ideas*

Under Armour, Inc. UA – We’ll go ahead and signal some new options ideas this morning as the opportunity has presented itself in the form of an impressive Under Armour earnings beat. Wildly exceeded expectations are fueling a premarket gap-up, and we’re going to be taking a look at UA Weekly $75-79.50 Calls provided UA holds that $75-mark on any early dips.

Facebook, Inc. FB –  FB is also cruising in early trading today on the strength of a well-received earnings release of its own. We’re going to respond by tagging FB Weekly $105-110 Calls for observation as we head into week’s end.

*Pertaining to both of the preceding ideas, remember to always consider the inherent elevating risk associated with trading weekly options contracts as the end of the week approaches!

Extended Watchlist:
NESC, NUOT, RCAP, GNBT, CDII

Blue Horseshoe Stocks: Options Ideas, Fresh Plays & More

Fresh Options Ideas

We had a good run of success with equities early on this week, so we thought it was high time to split our focus and turn our attention back to some options trading ideas. We’ve had monstrous success identifying winning calls in recent weeks, and there’s a couple of events driving the following stocks to gap up this morning. As usual, we’ll be on the lookout for dip-and-rip formations to unfold in these scenarios.

Facebook, Inc. FB – FB is soaring on the heels of a tidy earnings beat yesterday, and as a result, we’ll be scanning the FB Weekly $106-111 Calls for some exciting action today. If the premarket volatility is any indicator, we can expect to see some vigorous intraday swings from those contracts.

Expedia, Inc. EXPE – Following a confirmed buyout of HomeAway, Inc.AWAY, EXPE is popping in early trading as well. For this one, we’ll be tracking the EXPE Weekly $138-142 Calls.

AEterna Zentaris, Inc. AEZS

We’re going to be turning back to a stock that we’ve talked about in the past in AEZS. The stock registered a brand new 52-low of .04 a week ago today, and has been making solid progress in establishing higher lows off of that bottom since then.

We’re going to begin watching AEZS more closely in the sessions ahead. We’re looking specifically for a break of the current 50DMA at .074, after which there isn’t much in the way of resistance until the .10-area.

General Steel Holdings, Inc. GSI

GSI has been backsliding for quite some time and has breached well into oversold territory. When we come across a chart like this, our natural instinct is to place it on bottom-watch.

We had critical success calling out the bottoms on MIL and APDN toward the end of last week, and GSI is looking like it could be the next bounce-play. 

Extended Watchlist:
NUOT, ENIP, PDPR, APYP, INKS