PROG Archives - Blue Horseshoe Stocks

Home Depot & Other Updates, Fresh Ideas

Recapping Home Depot Calls, Other Options:

As usual, our first order of business for the day is to provide tracking on our active options trading interests. This morning that includes the solid moves made by the Home Depot calls we signaled for observation in yesterday’s premarket watchlist. as well as some more new highs on a couple of the other plays on our radar this week.

Specifically, we are referring to the HD Weekly $370-375 Calls, the BEKE 11/19 $17.50-20 Calls, and the PYPL 12/10 $210-225 Calls. In the case of the HD’s, we got some fantastic intraday movement, and our pre-existing targets managed to tack on some impressive new highs.

Those movements and total possible options trading profits thus far, are as follows:

HD Weekly $370-375 Calls
$370: 10.00-24.45 (+145%)
$372.50: 8.50-22.00 (+159%)
$375: 7.15-19.51 (+173%)

BEKE 11/19 $17.50-20 Calls
$17.50: 1.94-7.40 (+281%)
$20: .65-5.00 (+669%)

PYPL 12/10 $210-225 Calls
$210: 4.00-10.50 (+163%)
$215: 2.88-7.78 (+170%)
$220: 2.05-5.60 (+173%)
$225: 1.45-4.00 (+176%)

Fresh Options Ideas:
BIDU Weekly $170-175 Calls
TJX Weekly $71-73 Calls
LOW Weekly $250-255 Calls

Extended Watchlist:
PROG, CEI, SPI, ZSAN, RMTI, PCTL, GWHP, SBFM

Continued Options Success, New Ideas

Options Review:

We offered up four sets of options ideas in our premarket report yesterday, and three of those four ended up being solid movers on the day. We can’t always be flawless, but having said that, three out of four isn’t half bad!

Our designated targets were the SPY 11/15 $467-469 Calls, the AAP Weekly $240 Calls, and the ACM Weekly $70-72.50 Calls. Some of the gains we observed were fairly modest, but we had some nice multi-baggers in there as well – most notably the SPY $467 Calls which rattled off an enormous run on the day.

Here are the total ranges and possible profits that were available to anyone who was tracking these plays:

SPY 11/15 $467-469 Calls
$467: .08-.70 (+100%)
$468: .12-.30 (+105%)
$469: .28-.52 (+121%)
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AAP Weekly $240 Calls
$240: 6.60-9.20 (+121%)
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ACM Weekly $70-72.50 Calls
$70: 2.15-3.10 (+100%)
$72.50: .80-1.55 (+105%)

Fresh Options Ideas:
AXON Weekly $195-210 Calls
HD Weekly $370-375 Calls
SE Weekly $355-362.50 Calls

Extended Watchlist:
KZR, BIMI, PROG, CRTD, CYTH, OZSC, DPLS, GTII, CRYO, FTXP, CBGL

Big Name Earnings Reporters & More

Denali Therapeutics Inc. DNLI – Options Review:

The first thing we want to do this morning is provide an update on DNLI. Earlier this month, we formulated a longer term options idea which has been heating up over the past week. Most of our daily options ideas are geared toward weekly calls and meant to be quick-strike opportunities, but on occasion we do like to signal interest in contracts with several weeks or even months remaining until expiration.

In this case, we targeted the DNLI 11/19 $50-55 Calls, and in the past several sessions, significant moves have begun to occur, with both sets cracking into multibag territory. So far, the trading ranges on these plays have been as follows:

DNLI 11/19 $50-55 Calls
$50: 1.20-2.94 (+145%)
$55: .50-1.43 (+186%)

We’ll want to continue to monitor these ideas, with more than three weeks left until they expire and the stock being on the move.

Fresh Options Ideas:
UPS Weekly $207.50-212.50 Calls
FB Weekly $325-332.50 Calls
LMT Weekly $360-345 Puts

Extended Watchlist:
BKKT, PROG, RDBX, EQOS, OCGN, WBX, CCNC, AGC, METX, AIAD, CYBL, ASTI, IGEX

Big Time Stock and Options Rippers

More OTC Runners:

As we were just mentioning yesterday morning, we’ve spun a relatively dry earnings period into a positive by searching out pure stock plays to supplement our content. The OTC Markets is where our story began and it’s always nice to be able to fall back on penny stocks in a pinch.

Not only that, but the OTC is about to get a lot more comprehensive and a lot less speculative, with the governing body’s move to require current filings for all listed securities, with all in non-compliance getting booted down to the Grey Sheets. It’s a very exciting time for OTC stocks and here are couple of the ones we’ve tracked to big moves this week.

Nano Mobile Healthcare, Inc. VNTH
Initial Alert: Aug.10th
Range:.0006-.0071
Gained: +1083%
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JZZ Technologies, Inc. JZZI
Initial Alert: Sept.17th
Range:.0071-.0192
Gained: +170%

CarMax, Inc. KMX – Options Recap:

The clear winner from yesterday’s report on the options side of things came by way of our bearish KMX targets. We had signaled interest in the KMX Weekly $139-135 Puts and with the help of a major down day for the stock, those ideas swept the board with multibag intraday runs.

Here are the total possible gains available yesterday to anyone who latched onto our KMX alert:

KMX Weekly $139-135 Puts
$139: 4.14-10.30 (+149%)
$138: .3.50-9.36 (+167%)
$137: 2.62-8.05 (+207%)
$136: 2.38-6.95 (+192%)
$135: 1.72-7.00 (+307%)
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Fresh Options Ideas:
ZM Weekly $265-272.50 Calls*

*Please don’t trade options on their day of expiration unless you are an advanced level trader with access to disposable funds!

Extended Watchlist:
BMRA, AVIR, PROG, XOM, ICOA, BRYYF, PUGE, IFXY, NSPT, SCNA, MSPC