Blue Horseshoe Stocks: ATVI Winners & More

Activision Blizzard. Inc. ATVI – Big Winner

We signaled a range of calls in the Activision chain yesterday morning in our premarket report following the company’s earnings report, which were bullish despite the fact that ATVI’s quarterly figures were a disappointment. We indicated that we would put the ATVI Weekly $42-43.50 Calls on watch, and they were good ideas across the board.

In each of our designated contract sets, we saw not one, but two remarkable intraday swings, that gave traders plenty of chances for single-session profits of a significant nature. We’ve listed all the moves and total possible gains below:

$42 Calls - Move #1: 1.48-3.20 (+116%)  | Move #2: 1.32-3.35 (+154%)
$42.50 Calls - Move #1: 1.12-2.75 (+146%) | Move #2: .98-2.85 (+191%)
$43 Calls - Move #1: .89-2.32 (+161%) | Move #2: .70-2.40 (+243%)
$43.50 Calls - Move #1: .70-1.90 (+171%) | Move #2: .44-1.90 (+332%)
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Fresh Options Idea:

AstraZeneca plc AZN Weekly $38-39.50 Calls


Pernix Therapeutics Holdings, Inc. PTX

Even as we continue our excellent 2019 track record for options ideas, we don’t want to forget about the stocks on our watchlist that have been performing well.

A fantastic example of that is a stock we tagged as a bottom watch play back on December 20th. Over the past seven weeks, the stock has ramped up quite impressively, leading to a new high yesterday that we wanted to recap today.

From our observed low of .32 on PTX subsequent to our alert, to yesterday’s new high, represents an increase of 588%


Extended Watchlist:
OHGI, AY, SNBR, IVC, CHEK, AKAO, TELL, BRS, PS, SOLO

Blue Horseshoe Stocks: EL Options & More

Stock Updates

A couple of stock calls we brought up in December have gotten off to a great start to 2019. We wanted to kick off this morning’s report by updating readers on the excellent upswings we’ve witnessed.

Cronos Group, Inc. CRON

We were just talking about CRON yesterday morning, and it gave such a solid intraday performance, that we need to come back and update on it already. Our initial alert, of course, came on December 7th, after which time the stock was trading for as little as 9.56. Yesterday the stock streaked to a new high of 25.10, representing a move of 163% in just over 7 weeks.
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General Electric Co. GE

It was just a week later on December 13 that we called GE to watch for a bottom, which came in shortly thereafter at 6.77-10.77. The stock recently hit 10.77, which marked a 6-week increase of 59% The RSI just cracked into the power zone, and a run at the 200DMA (currently 11.53) is not out of the question in the days or weeks ahead.


Sysco Corp. SYY

Our fresh options ideas from yesterday morning was to track the SYY Weekly $65-66 Calls, and all of those contracts provided very nice intraday chances for profits. We have been knocking our options plays out of the park for weeks now, and this was just the next link in the chain on what has become a top-notch performance for options plays in the whole of 2019 thus far.
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Fresh Idea:
EL Weekly $145-150 Calls


Extended Watchlist:
OHGI, LODE, CNC, PBR, BCCI

Blue Horseshoe Stocks: Form-4 Alert & More

Options Updates 

We offered up a couple of fresh options ideas in yesterday morning’s report, GIS Weekly $37.50 Calls, and the MU Weekly $31-32 Calls. Despite the markets taking yet another hit in the wake of the Fed’s interest rate hike, both of those ideas managed to produce some positive intraday movement prior to the announcement.

The GIS $37.50′s traded up from 1.31 to 1.80, for a modest 37% rise, but the MU calls did considerably better, logging multi-bag gain opportunities:

MU Weekly $31-32 Calls
$31 Puts – Range: 1.03-2.47 – Max Gain: 140%
$31.50 Puts – Range: .70-2.21 - Max Gain: 216%
$32 Puts – Range: .46-1.83 - Max Gain: 298%


Axovant Sciences Ltd. AXON – Form-4 Alert

We routinely keep an eye out for brow-raising insider trading activity, and have run across AXON today. A trio of stakeholders filed Form-4′s on Tuesday alluding to the purchase of a total of $30M in AXON stock in three $10M transactions, at the current relative lows near a dollar. That amounts to over a quarter of the company’s total market value.

To us, this would seem a fairly big indicator that these institutional investors are very confident that the stock will not fall below these levels. We’ll go ahead and place AXON on an extended term bottom-watch into the New Year.


Extended Watchlist:
OHGI, OPTT, YRIV, GMO, PTX, GERN, SBS, NXTD, MARK, HEAR

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Blue Horseshoe Stocks: Big Options Winners

Successful Options Ideas

We formulated some quick-strike, post-earnings options ideas for Home Depot and Advanced Auto Parts in yesterday morning ‘s premarket report. Even with shaky market performance like we’ve seen this week, a good earnings play can go a long way, and we proved it yet again.

Both ideas we submitted produced instant results, with the HD contracts we signaled providing the biggest potential profit by far. Those gains were as follows:

Home Depot, Inc. HD Weekly $180 Calls
Range:
.40-3.00 -  Max Gain: 650%

AAP Weekly $170 & $175 Calls
$170′s Range: 9.89-14.83 -  Max Gain: 50%
$175′s Range: 5.80-9.90 -  Max Gain: 71%


More Fresh Options Ideas

We’ll keep the post-earnings options train rolling with another pair of ideas this morning. Especially during times of high market uncertainty, earnings related options plays are our go-to targets.

Canada Goose Holdings, Inc. GOOS Weekly $66-69 Calls
Macy’s Inc. M 12/07 $37 & 37.50 Calls

Bonus Idea:
We’ll also signal some SPY calls that will be in play provided it holds above $270 upon the open. In that event, we’ll be looking at the SPY Weekly $272-274 Calls.


Extended Watchlist:
YGYI, DNR, SHIP, OHGI, PETQ, DSS, HMNY, LMFA, BPMC(Multi-Bottom)

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Blue Horseshoe Stocks: Tech Options Review

OPTIONS REVIEW

We were banking on a market reversal yesterday in tandem with good performances from a couple earnings plays that we formulated some options ideas for, and got everything we wanted.

Both of the plays were in the tech sector, which turned out to see some of the highest incidences of recovery, and it facilitated some very nice gain opportunities for anyone who was paying attention to our ideas.

Despite the appearance of yet another reversal and possibly another down day, we are quite pleased with the double-bag, single-session gains afforded to us by these two tech stocks.

TSLA Weekly $310-317.50 Calls
$275 Calls
– Range: 3.73-8.81 - Max Gain: 136%
$275.50 Calls – Range: 3.10-7.35 – Max Gain: 137%
$276 Calls – Range: 2.41-6.21 - Max Gain: 158%
$276.50 Calls – Range: 2.05-5.04 – Max Gain: 146%
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MSFT Weekly $104-107 Calls
$275 Calls
– Range: 2.10-5.40 - Max Gain: 157%
$276 Calls – Range: 2.12-4.45 - Max Gain: 110%
$276 Calls – Range: 1.58-3.58 – Max Gain: 127%
$277 Calls – Range: 1.10-2.75 - Max Gain: 150%

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We also had a fresh idea on Wednesday morning with The Boeing Co. BA Weekly $357.50-367.50 Calls and the surge in the markets yesterday also allowed those contracts to get legs and make some very respectable moves:

$275 Calls – Range: 4.00-7.70 - Max Gain: 93%
$275.50 Calls – Range: 2.60-6.00 – Max Gain: 131%
$276 Calls – Range: 1.85-4.32 - Max Gain: 134%
$276.50 Calls – Range: 1.15-2.90 – Max Gain: 152%
$277 Calls – Range: .77-1.85 - Max Gain: 140%
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Fresh Ideas:
INTC Weekly $44-45.50 Calls*

*NEVER trade weekly options on a Friday unless you’re an expert level trader with disposable funds!


Extended Watchlist: 
OHGI, NSPR, ATNM, NAUH, GT, PLG, LOGM, TRVN