RBNW Archives - Blue Horseshoe Stocks

Four Winning Plays, More Fresh Ideas

Sweeping Options Success:

We have never purported to be perfect when it comes to unearthing potential plays on a daily basis. Nobody can win them all, but we certainly come as close as humanly possible as often as we can. In instances like yesterday morning’s premarket report, we enjoyed perfection for the targets we chose. We set up four pins, and bowled a strike for the session!

We were looking at the TWTR Weekly $34-34.50 Calls, the DAL Weekly $30.50-29.50 Puts, the FAST Weekly $52.50-50 Puts, and the SPY 07/13 $378-375 Puts, and thanks in part to a mixed bag trading session for markets in general, we got excellent results from our bullish and bearish plays. Here were the intraday moves and total possible profits they yielded:

TWTR Weekly $34-34.50 Calls
$34: .90-3.20 (+256%)
$34.50: .80-2.71 (+239%)
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DAL Weekly $30.50-29.50 Puts
$30.50: 1.50-2.19 (+46%)
$30: .98-1.75 (+79%)
$29.50: .69-1.37 (+99%)
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FAST Weekly $52.50-50 Puts
$52.50: 4.10-5.47 (+33%)
$50: 2.00-3.48 (+74%)
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SPY 07/13 $378-375 Puts
$378: .23-.96 (+317%)
$377: .16-.61 (+281%)
$376: .10-.39 (+290%)
$375: .06-.25 (+317%)

Fresh Options Ideas:
SPY 07/15 $378-375 Puts
FRC Weekly $150-155 Calls
TSM Weekly $81-83 Calls
JPM Weekly $109-107 Puts

Extended Watchlist:
EEENF, JTBK, NEXCF, DPLS, RBNW, SISI, BMRA, TBPH, BOIL

New Highs in MJWL & More

Monday Options Recap:

We started off the week in grand fashion yesterday morning, including fresh options ideas from both the SPACE and PTON chains in our premarket report.

We were tracking the SPCE Weekly $24-25.50 Calls. the PTON Weekly $101-103 Calls, and the PTON 06/11 $105-107 Calls. Those longer-term PTON calls did make respectable daily moves as well, but we’re going to focus on the weekly quick-strike plays this morning.

Here are the intraday trading ranges and total possible gains for our tracked plays:

SPCE Weekly $24-25.50 Calls
$24: 1.31-4.12 (+215%)
$24.50: 1.05-3.65 (+247%)
$25: .96-3.40 (+254%)
$25.50: .83-3.05 (+267%)
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PTON Weekly $101-103 Calls
$101: 1.30-3.00 (+131%)
$102: 1.00-2.50 (+150%)
$103: .76-2.05 (+170%)

Fresh Options Ideas:
CBRL Weekly $155-165 Calls

Majic Wheels Corp. MJWL – Recap:

We also want to highlight the recent performance of MJWL, which we initially began following with our tag of the stock in our report on the morning of May 13th.The low following that report was .0094.

We also included MJWL in yesterday morning’s extended watchlist, and the stock traded in a daily range from .0391 to an impressive new high of .0739. That marks a total possible intraday gain of 89%, and for anyone who got in after our initial alert from two weeks ago, the potential gain as of yesterday high stands at a whopping 686%

Extended Watchlist:
BFARF, PDGO, FBCD, EEGI, TONR ATIG, TGGI, APYP, NUUU, RSHN, RBNW

Fresh Plays, Winner Recaps & More

eXp World Holdings Inc. EXPI – Options Review:

Yesterday morning, we highlighted the performance of our options ideas in EXPI that we had initially targeted on Wednesday, the EXPI 03/19 $50-52.50 Calls. After posting double-bag moves, we mentioned that we expected the bullish activity to continue, based on the stock’s behavior in the premarket.

In addition to the EXPI 03/19 $50-52.50 Calls from last week, we extended our target range by rolling up to include the EXPI 03/19 $55 Calls. Not only did the updated strike instantly yield double-bag gains on the day, but our preexisting targets tacked on some stellar new highs which has extended our observed trading range by a considerable amount.

The following numbers are the total swings made by the $50-52.50’s since last week, and the single-session surge recorded yesterday by the $55’s:

EXPI 03/19 $50-55 Calls
$50: 2.16-8.20 (+280%)
$52.50: 1.45-6.10 (+321%)
$55: 2.10-4.60 (+119%)

XL Fleet Corp. XL – Recap:

It was also this past Wednesday morning that we flagged some longer-term contracts in the XL options chain, with the XL 05/21 $12.50-15 Calls. Despite just a few sessions passing since then, this bottom bouncing stock has continued to add modest gains daily.

We already have seen some notable moves in those plays with more than two month remaining until expiration. We’ll be interested to see where they go from here in the event of continued northward movement in XL. Here are the gains we’ve tracked so far:

XL 05/21 $12.50-15 Calls
$50: 2.45-3.50 (+43%)
$52.50: 2.00-3.00 (+50%)
$55: 1.70-2.64 (+55%)

Fresh Options Ideas:
FUTU Weekly $157.50-162.50 Calls
BEKE Weekly $60-65 Calls

Extended Watchlist:
UAMM, AABB, NIHK, NTRR, BFCH, SEGI, ALYI, RBNW, WARM

RBNW Recap, Options Plays & More

Bitcoin Options Play Updates – RIOT & MARA

We will continue to go to the bitcoin well until it’s dry, but it the meantime, we’re still pulling up full buckets of MARA & RIOT success! After tracking some weekly contracts to percentage gains in the thousands last week, we started fresh with some updated targets in those chains yesterday morning, and the party kept raging.

Our new plays were the MARA Weekly $40-42 Calls, and the RIOT Weekly $53-55 Calls. We saw solid movement in all of those contracts. Here are the single-session gains that were on the table for anyone who caught our premarket alert:

MARA Weekly $40-42 Calls
$40: 4.47-6.50 (+45%)
$41: 4.07-5.93 (+46%)
$42: 3.73-5.33 (+43%)
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RIOT Weekly $53-55 Calls
$53: 6.70-10.55 (+57%)
$53: 5.75-10.10 (+76%)
$55: 5.25-9.50 (+81%)

These stocks are once again gapping up in the premarket today, so we would expect to have to circle back again tomorrow morning to report increases to all of these figures.
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Fresh Options Idea:
WIX Weekly $280-290 Calls

Renewable Energy & Power, Inc. RBNW

We have been tracking RBNW closely for exactly three weeks since January 27th, as a quick review of the stock’s tag on our archives will reveal. During that time, it has hurtled upward from a super-subpenny to subpenny range and produced a huge gain opportunity for us.

The following session after our initial alert saw the stock trading for as little as .0006, and as of yesterday RBNW hit a new high of .0049. That works out to a three-week upswing of 717%

We are going to want to see .0028 hold as support on any forthcoming pullbacks for us to remain interested in this play. As you can see on the chart snapshot below, we’ve got a Golden Cross formation in the works, one of our favorite bullish technical indicators, so we wouldn’t be surprised to see this solid uptrend continue from here.

Extended Watchlist:
MRIB, MRJT, ADGO, ADTM, CBDL, DKSC, SINX

Blockchain Blockbusters & More

Bitcoin Related Options Runners

We began the week by tracking bitcoin related stocks RIOT and MARA, and the options targets we formulated in each of them. On Monday morning we started with the RIOT Weekly $27-28 Calls and the MARA Weekly $26.50-28 Calls.

After solid success with those, on Tuesday morning we rolled up to include the $34-36 Calls in both chains on our watchlist. What unfolded from there has been a week filled with solid gain opportunities. Below, we will highlight the trading ranges and total potential gains on all of these targets through yesterday’s close.

RIOT is up considerably more than MARA in the premarket, however, considering the activity we’re observing, we would expect to see these figures increase today as we close out another excellent options trading week.

RIOT Weekly Calls
$27: 1.56-18.40 (+1079%)
$27.50: 1.50-18.32 (+1121%)
$28: 1.35-18.70 (+1285%)

$34: 1.37-12.43 (+807%)
$35: .99-11.50 (+1061%)
$36: .99-10.50 (+960%)
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MARA Weekly Calls
$26.50: 1.91-14.00 (+633%)
$27: 1.48-13.10 (+785%)
$27.50: 1.51-12.75 (+744%)
$28: 1.43-12.50 (+774%)

$34: .76-7.10 (+834%)
$35: .81-6.29 (+676%)
$36: .57-5.52 (+868%)

Just as we have all week, we’ll be looking to stay on the money by including some higher strikes on our watchlist, with the RIOT Weekly $46-48 Calls and the MARA Weekly $38-39 Calls.

The Kraft Heinz Co. KHC – Recap

New in yesterday’s premarket report were the KHC Weekly $34-34.50 Calls which yielded the following moves and possible profits on the day:

KHC Weekly $34-34.50 Calls
$34: .68-2.62 (+285%)
$34.50: .57-1.80 (+215%)

Fresh Options Ideas:
DIS Weekly $190-192.50 Calls
NET Weekly $87-86 Puts

Extended Watchlist:
HVCW, ADTM, RNVA, RBNW, SRMX, LTNC, ECEZ, RTON, ELCR