Blue Horseshoe Stocks: PANW Pops & More

Palo Alto Networks, Inc. PANW

Fresh for yesterday’s morning report, we offered up an idea for the PANW chain, the PANW Weekly $215-222.50 Calls. With the aid of an excellent session for the markets as a whole, PANW went with the trend and produced enough intraday movement to provide us with significant single-session gain opportunities.

Here were the maximum possible gains that were on the table for the day, which were, quite frankly, very impressive:

$215 Calls – Range: .20-2.06 – Max Gain: 930%
$217.50 Calls – Range: .15-1.05 – Max Gain: 600%
$220 Calls – Range: .06-.38 – Max Gain: 533%
$222.50 Calls – Range: .06-.20 – Max Gain: 233%

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PVH Corp. PVH

Our next order of business as we close out this holiday-shortened week is to provide further updates on PVH. We scored multi-bag gains with all three of our highlighted contracts,  the PVH 09/20 $75-85 Calls on Wednesday, and cautioned readers that more gains could be on the way in yesterday’s report.

That’s exactly what occurred, so this morning we are updating the highs on our ideas, which extend the total possible profits over a two-day span by a significant margin. 

$75 Calls – Range: 5.10-9.89 – Max Gain: 94%
$80 Calls – Range: 2.00-5.60 – Max Gain: 180%
$85 Calls – Range: .55-2.49 – Max Gain: 353%


Fresh Options Idea:
SPY Weekly $298-299 Calls*
LULU Weekly $197.50-200 Calls

*Please don’t attempt to trade options with a weekly expiration on Fridays unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
MNK, FRO, GCO

Blue Horseshoe Stocks: Options Reviews

OPTIONS REVIEW

We formulated two options ideas for yesterday morning’s premarket report, and with the help of a gap-and-go session for the overall markets, we saw appreciable gains in each and every contract we had designated for observation.

SPDR S&P500 (ETF) SPY -The SPY is always our go-to when we have a gut feeling about market sentiments, and the number of times we’ve found success with trading its options is practically uncountable at this point. Yesterday’s idea was no exception.

Our targets, the SPY Weekly 292-293.50 Calls performed admirably, providing ourselves and our readers with the following profit chances:

$292 Calls – Range: .91-2.04 – Max Gain: 124%
$292.50 Calls – Range: .60-1.53 – Max Gain: 155%
$293 Calls – Range: .33-1.07 – Max Gain: 224%
$293.50 Calls – Range: .14-.61 – Max Gain: 336%

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PVH Corp. PVH

Following a large Form-4 buy on the part of the CEO, we were interested in a longer-term play on PVH, highlighting the PVH 09/20 $75-85 Calls and those were able to get some traction on our first day of observation.

With an expiration still two weeks away, we’ll have plenty of time to realize any further gains, but the first day performance is certainly worthy of mentioning.

$75 Calls – Range: 5.10-7.02 – Max Gain: 38%
$80 Calls – Range: 2.00-3.40 – Max Gain: 70%
$85 Calls – Range: .55-1.25 – Max Gain: 127%


Fresh Options Idea:
PANW Weekly $215-222.50 Calls 


Extended Watchlist:
DSLV, LAIX, CDTX, SINT, INMD, ELTK, PHUN, ZUMZ, CEI

Blue Horseshoe Stocks: AMPG News Alert

AmpliTech Group, Inc. AMPG – News Update

As you may be aware, we have been following AMPG closely for several weeks now, during which time we have witnessed the stock rise from a low of .043 on the morning of our initial report on on April 1st, to a high of .084 just this week! That’s an excellent upswing of 95% in just under two months’ time.

We wanted to post an update on AMPG this morning relating to the company’s most recent press release,which pertains to the company’s response to recent investor queries, in the form of a Q&A that we urge you to check out now:

Bohemia, NY, May 30, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AmpliTech Group, Inc. (OTCQB: AMPG): Amplitech (AMPG) filed its Form 10-Q on May 14, 2019, and received some follow up questions from investors regarding its strategy. (>>READ Q&A)

As an added aside, we have been referring to AMPG as an undervalued stock from the outset of our coverage, and for what it’s worth, both the performance on the chart, and the consensus opinion at BARCHART.COM agrees with us. AMPG is presently receiving a 100% Long-Term “Buy” Rating, and an 80% “Buy” signal overall.


Options Reviews

Yesterday we took opposite stances on DG and PANW, for which we formulated a bullish and a bearish set of options ideas, respectively. We couldn’t have been more on the dot with these plays, which each produced single session gain opportunities of a significant nature.

We signaled the DG $122-124 Calls and the PANW $202.50-200 Puts and five out of five sets of contracts produced multibag runs on the day.

Dollar General Corp. DG $122-124 Calls

[[DATA LOST]]

Palo Alto Networks,Inc. PANW $202.50-200 Puts
$202.50 Puts – Range: 2.00-4.18  – Max Gain: 103%
$200 Puts – Range: 1.40-2.85 – Max Gain: 136%
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Fresh Options Ideas:
BIG 06/21 $30-32.50 Calls
OKTA Weekly $111-113 Calls*

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


Extended Watchlist:
SBOT, MYOV, XRF, SCZ, BAS, ELTK