Blue Horseshoe Stocks: Playing the SPY

Friday Options Review

Coty, Inc. COTY- Among our fresh options ideas in Friday morning’s report was a range of contracts in the COTY chain, and from that, came the opportunity for ourselves and our readers to log some very impressive daily profits.

Our targets were the Coty, Inv. COTY Weekly $8-9 Calls, and all three of those contract sets produced multi-bag intraday days for us.

$8 Calls – Range: .56-1.35 – Max Gain: 141%
$8.50 Calls – Range: .22-.83 – Max Gain: 277%
$9 Calls – Range: .05-.34 – Max Gain: 580%
_____

SPDR S&P 500 ETF (SPY) Weekly $270.50-269 Puts

We were also entertaining a range of Puts in the SPY chain, as it appeared the markets wanted to begin the session in bearish fashion. That certainly proved to be the case, as the first half of the session saw a significant backslide prior to a late afternoon recovery to finish the day flat.

That activity allowed for a good showing from three of the four contracts in our highlighted range, the SPY Weekly $270.50-269 Puts. While the potential windfalls weren’t as extreme as the aforementioned play, they still each recorded a multi-bag move on the day.

$270 Calls
 – Range: 1.00-2.20 – Max Gain: 120%
$269.50 Calls – Range: .71-1.70 – Max Gain: 139%
$269 Calls – Range: .49-1.35 – Max Gain: 176%

Fresh Idea:
Now that we’re seeing a bit of a bounceback which figures to lead to a higher open this morning, we’ll go ahead and shift our early focus today on the SPY 02/11 $271-272 Calls. These expire today, and therefore must be treated like a weekly option on a Friday. It’s a risky proposition. Expert level traders only!


Extended Watchlist:
CNHC, COTE, DRVD, NGL, RARX, YRIV, RGSE, NSP, MARA, BIOC

Blue Horseshoe Stocks: Options Updates

Zillow Group, Inc. Z – Update

Last Wednesday just prior to the Thanksgiving break, we submitted a range of options ideas on Zillow, which we caught at a relative bottom after noticing some hefty Form-4 submissions. Our targeted options were the Z 01/18 $30-40 Calls, and in the two-and-a-half sessions since we’ve seen excellent multi-bag gain opportunities.

Every single strike price worked out nicely, with the following moves:

$30 Calls – Range: 1.57-4.37 - Max Gain: 178%
$35 Calls – Range: .57-1.72 – Max Gain: 202%
$40 Calls – Range: .10-.50 - Max Gain: 400%


Facebook, Inc. FB – Update

Then on Friday, after the holiday we spotted a bottom play in FB, and jumped on that with another longer term set of options ideas, the FB 01/18 $135-145 Calls. We’ve had some appreciable movement in those as well, and wanted to share those figures.

$135 Calls – Range: 5.94-8.21 - Max Gain: 38%
$140 Calls – Range: 3.88-5.50 – Max Gain: 42%
$145 Calls – Range: 2.24-3.50 - Max Gain: 56%

As is the case with the aforementioned plays, it’s a good start, but with plenty of time remaining until expiration, we’ll definitely continue to track these ideas in the days and weeks ahead.



Extended Watchlist:
PCG, PXS, SLS, ANY, TEUM, EURN, AQUA, RGSE

Blue Horseshoe Stocks: SGSI Update

Spectrum Global Solutions, Inc. SGSI – Update

We’ve been tracking SGSI closely, and wanted to highlight the news the company issued on Friday morning pertaining to an appearance at an upcoming high profile conference. We also have a video presentation of the current SGSI chart that we strongly suggest our readers take the time to view. 

Spectrum Global Solutions, Inc. (OTCMKT: SGSI), a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean, today announced that it will be presenting at the 11th annual LD Micro Main Event. (>>View Full PR)

Did you miss our special report on SGSI last Monday? It’s not too late to check that out and learn why we’re excited to be covering this fast growing company! 

>>View SGSI Report<<


Extended Watchlist:
MARA, ESES, RSLS, DEA, SLS, ICON, RGSE, AKER, JKS

Blue Horseshoe Stocks: APTI Recap & More

Apptio, Inc. APTI – Review

Despite a lousy day for the markets as a whole, yesterday brought a very interesting development in APTI, in the form of an enormous gap-up. We signaled APTI as a bottom-play in our premarket report on the first of this month, after the stock had begun to rebound following a dip to new annual lows a couple of days earlier. At the time the stock traded for as little as 24.48 a share.

We included it in yesterdays report as well, and the new high after that incredible gap-up came in at 37.80. That marks an upswing of 54% in just under two weeks, made even more impressive by the fact that the markets tanked on the day. The rapid hike was due to Sunday’s revelation that the company would be sold in an all cash deal equal to $38/share.


Fresh Options Ideas

We scan the earnings calendar each morning to ID earnings plays with the biggest potential, and today we have a pair of big name releases for which we will formulate some quick strike ideas:

HD Weekly $180 Calls
AAP Weekly $170 & $175 Calls


Extended Watchlist:
AIMT, HUSA, RGSE, ARDX, PAYX, NMM, DXR, HDSN

Incoming search terms:

  • apti fact
  • minernm

Blue Horseshoe Stocks: Bottom-Watch Play & More

Aytu Bioscience, Inc. AYTU

We’re always on the lookout for a bargain, and we may have a prime bottom play opportunity in AYTU in the near future. The stock has been on the downtrend for a couple of months, and is presently very heavily oversold.

We’re going to put this play on our radar and watch carefully for a bottom-bounce which appears to be imminent. Gaining back even half of the ground its recently lost would mean more than a dounble from the current PPS.


SPDR S&P 500 ETF (SPY)

We’re also looking at the SPY today after a lackluster finish to last week. Market sentiment still appears to be bearish as we ready ourselves to kick off this fresh trading week.

We are going to be tracking a set of bearish options, particularly the SPY 10/08 $288.50-$287.50 Puts. Keep in mind that these expire at the end of the day, thus should be treated as weekly options on a Friday. Only expert traders with disposable income should attempt these kinds of trades.


Extended Watchlist: 
BBD, CIG, CRMD, RGSE, MOSY, PAGS, JAGX, ATIS