Tag: OSTK

Blue Horseshoe Stocks: Closing Out Another Great Week

More Great Options Winners
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This has been yet another great week for us with regard to the success of our options ideas. We’re very proud of our ability to consistently identify and present some of the best opportunities for quick-strike traders to profit from. We’ll go over the potential gains brought on by yesterday’s session, and then we’ll provide a handful of fresh ideas to official close out the week. 

Overstock.com, Inc. OSTK – New for yesterday’s report was our interest in the OSTK Weekly $18.50-19 Calls. We were encouraged by the premarket volatility caused by comments from the CEO, as well as an analyst upgrade, and the potential single-session returns were rather impressive.

The $18.50 Calls ripped their way from a low of .28 and reached 1.50, for a mega-move of 436% while the $19’s ran from 20-1.20, topping out at an intraday upswing of 500%
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eBay Inc. EBAY – eBay was another target in yesterday mornings report, with the EBAY Weekly $40-41 Calls being our focal points. Multi-bag gains across the board were to be had here as well, which were as follows:

$40 Calls – Range: .80-2.01 – Max Gain: 151%
$40.50 Calls – Range: .48-1.54 – Max Gain: 221%
$41 Calls – Range: .32-1.11 – Max Gain: 247%
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More Fresh Ideas*:

SPDR S&P500 (ETF) SPY $288-290 Calls
Crowdstrike Holdings, Inc. CRWD $80-85 Calls
Microsoft Corp. MSFT $139-141 Calls
Weight Watchers International, Inc. WW $24-26 Calls

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds!

Tautachrome, Inc. TTCM

We were just mentioning TTCM last Friday, and once again, we’re closing out the week with a mention of TTCM’s recent success on the chart.  Our initial alert on TTCM was on Monday of last week, subsequent to which point we would observe a low of .0103 in the stock. Yesterday, it shot up to a new high of .022, which marks an upswing of 114% inside of two weeks.

The activity can perhaps be partially explained by the buzz over the company’s upcoming launch of the KlickZie smartphone app for both iPhone and Android devices. We’ll certainly be anxious to continue tracking this volatile, and thus far, high-momentum play.

Extended Watchlist:
IZEA, EROS, IFRX, APDN, SKX, RRGB, ALT

Blue Horseshoe Stocks: Options Roundup

Options Review

CSX Corp. CSX – We highlighted some fresh options ideas in yesterday morning’s premarket report and CSX turned out to be the prime target out of the bunch. We designated the CSX Weekly $77-76 Puts as our contracts of interest, and those ended up producing some respectable chances at intraday gains.

$167.50 Puts – Range: 3.53-6.75 – Max Gain: 91%
$170 Puts – Range: 3.21-6.00 – Max Gain: 87%
$175 Puts – Range: 2.54-5.85 – Max Gain: 130%

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Abbott Laboratories, Inc. ABT – 
Another of the targets we selected based on yesterday’s premarket earnings reporters was ABT. Our contract of interest was the ABT Weekly $83.50 Calls, and we’re pleased to report that those returned a multi-bag single session run.

Those calls ran from a low of 1.34 and subsequently reached 3.75, which was good for an intraday gain of 180%
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JB Hunt Transport Services Inc. JBHT – On Tuesday morning, we signaled the JBHT Weekly $95-100 Calls as a potential play, and in addition to makling a 100% move for us on that day, yesterday brought even more solid gain opportunities. The $95 Calls ran from .65-3.30 for a walloping 408% while the $100’s took of from .05-.35, marking an incredible 600% rip in a single day!
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Fresh Ideas:
eBay Inc. EBAY Weekly $40-41 Calls
Novartis NVS Weekly $92.50-95 Calls 
Overstock.com, Inc. OSTK $18.50-19 Calls 

Extended Watchlist:
RVLT, AMR, INSG, DSS, AUMN, CRMD, YOGA

Blue Horseshoe Stocks: Multiple Updates

JB Hunt Transport Services, Inc. JBHT

The most interesting options trading candidate we are seeing from the pool of un-traded upon earnings reporters is JBHT, which dropped an extremely solid quarterly in the post-market yesterday. The company beat on earnings, year-over-year revenue, and bested expectations on guidance as well.

We are going to track a pair of contracts, the JBHT Weekly $95-100 Calls to try to take advantage of the resulting activity.
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CORRECTION: Reviewing Friday’s Winners:

Yesterday, through a small error, our newsletters went out without the proper figures for our options ideas on Friday. Here are the correct gain totals.

SPDR S&P500 (ETF) SPY Weekly $299-300 Calls
$299 Calls – Range: .67-1.75 – Max Gain: 161%
$299.50 Calls – Range: .34-1.20 – Max Gain: 252%
$300 Calls – Range: .13-.75 – Max Gain: 477%

Cigna Corp. CI Weekly $167.50-175 Calls
$172.50 Calls – Range: 1.26-4.30 – Max Gain: 241%
$175 Calls – Range: 3.70-6.55 – Max Gain: 77%

American Electric Technologies, Inc. AETI

We try to keep running tabs on everything we mention in our daily reports, and in AETI we have a stock that we tagged for observation at the end of May. In the seven ensuing weeks, the stock has more than doubled.

We observed a low of .60 in AETI subsequent to our initial alert and the stock managed to register a new high of 1.45. That works out to an overall rise of 142% and was good for the #2 spot on the NASDAQ gainers list for the day. If it can break previous resistance at 1.61, it will officially be in blue sky territory.

Tautachrome, Inc. TTCM

Our OTC play from yesterday morning was indeed a runner. The stock made an intraday move from a low of .0103-.0197, which marks a 91% gain on what amounted to more than five times the monthly average daily volume.

The extreme volatility here, like the options plays we select, is what makes this attractive to us as short-term traders. We’ll continue to keep an eye on TTCM for any other possible swing trade opportunities.

Taronis Technologies, Inc. TRNX

One we’ve been watching since Monday of last week is TRNX, which was trading for as little as .1832 following our most recent update.

It trended up to and closed at a high of .35 yesterday, and so far in the premarket this morning it has reached as high as .53. That’s an incredible swing of 189% inside of a week! We’ll want to see previous resistance at the 50DMA to hold as support on any pullbacks.

Extended Watchlist:
OSTK, OBLN, MARK, DSS, MLNT, BPTH, NVCR, CGIX