Blue Horseshoe Stocks: SPY Recap

SPDR S&P500 (ETF) SPY

As we close out another solid week of stock and options trading, we just wanted to provide one final update on the SPY Calls we made earlier in the week. The markets dipped in the first half of the session yesterday, but recovered throughout the rest of the day.

Our idea from our premarket report on Wednesday morning of the SPY Weekly $296-297 Calls all produced double-bag intraday opportunities, and the two sets that we rolled up to include on our watchlist, the $297.50 and $298 Calls, kicked in multi-bag performances of their own.

$296 Calls – Range: .99-2.16 – Max Gain: 118%
$296.50 Calls – Range: .74-1.76 – Max Gain: 138%
$297 Calls – Range: .55-1.39 – Max Gain: 153%

$297.50 Calls – Range: .40-1.05 – Max Gain: 163%
$298 Calls – Range: .27-.77 – Max Gain: 185%

Just as there was yesterday, there may be another dip and rip chance for opportunistic traders to seize upon, so we’ll leave these plays on our radar as we finish out the week.


Extended Watchlist:
IGNG, PRPO, OSTK, TBLT, DSLV, XBIO, ZIOP, TMDI, PSTV, LVS, AMRH, NTLA, EKSO

Blue Horseshoe Stocks: AAPL Update & More

OPTIONS UPDATES
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We formulated two fresh ideas in our premarket report from yesterday morning, and not surprisingly, both returned some excellent chances for multibag intraday gains early on in the day.

We highlighted the Apple, Inc. AAPL Weekly $207.50-210 Calls on the heels of the company’s quarterly earnings report, and got a serious push right out of the starting gate.$207.50 Calls – Range: 3.00-8.00 – Max Gain: 167%
$210 Calls – Range: 1.72-5.70 – Max Gain: 231%
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Additionally, we slated the CVS Corp. CVS Weekly $56-58 Calls for observation, and those gain opportunities were quite noteworthy as well. All five contracts in our designated range produced some serious chances to gains on the day.

$56 Calls – Range: .91-1.80 – Max Gain: 98%
$56.50 Calls – Range: .36-1.11  – Max Gain: 208%
$57 Calls – Range: .44-1.03 – Max Gain: 134%
$57.50 Calls – Range: .28-.70  – Max Gain: 150%
$58 Calls – Range: .15-.47 – Max Gain: 213%

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FRESH OPTIONS IDEA:
Under Armour, Inc. UAA Weekly $22.50-24.50 Calls



Precipio, Inc. PRPO – Recap

We initially put PRPO on watch a few weeks ago on the 10th of April, and over that short span we;ve seen some really nice swings out of the stock that we wanted to come back and highlight this morning.

Following our original alert, the stock was trading for as little as 3.75 before making a run to 9.31, which represents a gain of 148%  It subsequently pulled back to a low of 4.23, before making its way back to 8.60 yesterday. That second distinct move amounts to an upswing of 103%


Extended Watchlist:
ABIO, WLH, DLPH, CTRV, EYEG, NSPR, LODE, AKBA, CLVS, PRFT, RIOT

Blue Horseshoe Stocks: SPY, SPOT Calls

OPTIONS RECAP

We had a number of options contracts that we were tracking on Friday, and ended up having good fortune with two out of the three sets that we were watching. Both the SPY and Ford enjoyed bullish intraday moves after the markets themselves fell briefly first thing in the morning, followed by an entire day of ascent and a very strong close. Here are the highest possible gains that could have been achieved on the back of our ideas.

SPDR S&P500 ETF (SPY) Weekly $291.50-292 Calls
$291.50 Calls – Range:
.45-1.91  – Max Gain: 324%
$2292 Calls – Range: .26-1.49 – Max Gain: 473%

Ford Motor Co. F Weekly $9.50-10 Calls

$9.50 Calls – Range: .45-.95 – Max Gain: 111%
$10 Calls – Range: .07-.46  – Max Gain: 557%

It finished out one heck of a trading week for our options calls, of which we had at least seven separate sets of ideas that produced multi-bag gain opportunities, as you are welcome to confirm in our archives.
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FRESH IDEA: Based on the nature of Friday’s market activity, including that very strong close, we are going to bank on another session of bullish activity for the markets at large, and put the SPY 04/29(today) $292.50-293.50 Calls on watch.
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Bonus Idea: SPOT Weekly $140-142 Calls



Axsome Therapeutics, Inc. AXSM

We designated AXSM as a stock to watch in our report on March 26th, and after one full month of trading, we wanted to return to review its performance over that span.

From its low following our alert, which came in at 12.76, the stock has cruised steadily up to Friday’s new high of 18.13. That represented a one month upswing amounting to a total move of 42%


Extended Watchlist:
ROAN, PRPO, SCOR, OPBK, EMES, ENVA, TTNP, RIOT, MBRX