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)

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

Blue Horseshoe Stocks: MCD Options & More

McDonald’s Corp. MCD

As we were looking for stocks that appear to be in position to buck the  bearish market trend we’ve experienced this week, we’ve settled on McDonald’s.

The hamburger giant posted some beefy Q3 numbers this morning. including a solid beat on earnings and worldwide same store sales, even as US same store sales missed expectations.

We’re going to signal a range of weekly calls to try to take advantage of the situation, and those are going to be the MCD Weekly $165-172.50 Calls.



PetMed Express, Inc. PETS – Update

We also want to rehash yesterday morning’s fresh options idea, which focused upon the PETS 12/21 $30 & 35 Calls. This pair of contracts recorded a solid first day for us, despite the tumultuous market conditions.

Both plays exceeded single-session gains of at least a hundred percent, and will retain their spot on our watchlist for the remainder of the week.

The $30 Calls traded up from a low of 1.55 up to 3.70 for a gain of 139% while the $35′s ran from .51-1.21, marking a 137% move on the day.


SPDR S&P 500 ETF (SPY)

With such a sharp and rapid downturn in the markets, a rebound is certain to be headed our way at some point soon, so we’re going to signal a range of calls in the SPY. We’ve generally posted a very good track record in terms of utilizing the SPY’s options chain to our advantage in the past.

Our targets for the next week will be the SPY 10/31 $275-277 Calls as we await a recovery from this week’s early losses.


Extended Watchlist: 
HMNY, ESES, OHGI, GFI, SBGL, AU

Blue Horseshoe Stocks: Options Roundup & More

Morgan Stanley MS – Recap

Morgan Stanley had a solid beat on profits yesterday in its premarket Q3 earnings report, which led us to signal interest for the MS Weekly $43.50 & $44 Calls in our report.

It turned out to be an excellent set of ideas, which each contract making a hundred percent move or better. With the market on the rebound, it was like taking candy from a baby, and we may see more similar activity if we get another strong session as a whole.

The 43.50 Calls ran from a low of 1.32 and reached 2.65 for an intraday gain of 101% while the range on the $44′s was .85-2.20, going down as a single session move of 159%
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Fresh Options Ideas

SPDR S&P 500 ETF (SPY) - Should the markets be in for another day of recovery after last week’s backslide, we’re going to also be interested in tracking the activity of the SPY Weekly $279-280.50 Calls.

Netflix, Inc. NFLX – We’ll also take advantage of the market resurgence with an idea pertaining to the NFLX chain. We’ll have our eyes on the NFLX Weekly $377.50-385 Calls as well.

Moody’s Co. MCO – Lastly, we like the technical setup of the Moody’s chart, along with its volatility. It may produce some good chances in the  MCO 11/16 $170-180 Calls, so we’re going to throw those on our track list as well.


Extended Watchlist: 
OHGI, ISR, MNGA, SLS,

Blue Horseshoe Stocks: Fresh Options Three-Pack!

Galectin Therapeutics, Inc. GALT

About a week ago, we signaled GALT for observation, a stock we’ve had quite a bit of experience tracking in the past. It had been in a bearish downslide for the better part of two months, and had just begun to rebound.

We wanted to come back around for an update on the move GALT has made since that time. After seeing a low of 4.06, the stock has traversed its way back to a high of 6.53. That marks a respectable upswing of 61% and puts us on alert for the possibility of more moves.


SPDRA S&P 500 ETF (SPY) – Options Idea

Our fresh options idea for yesterday morning was the SPY Weekly $290-291.50 Calls to watch into the end of the week. With a solid midday performance for the SPY, some significant intraday gains were made in our designated targets.

$290 Calls – Range: .98-1.54 – Max Gain: 57%
$290.50 Calls – Range: .67-1.13 – Max Gain: 69%
$291  Calls – Range: .43-.79 – Max Gain: 84%
$291.50 Calls – Range: .25-.50 – Max Gain: 100%

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 Fresh Ideas:
LULU Weekly $149-152.50 Calls
BIG 09/21 $42.50-45 Calls
DLTR 09/21 $82.50-85 Calls


Extended Watchlist:
SAEX, OHGI, CMCM, BIOAF, MTSL, SSC