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

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

Blue Horseshoe Stocks: Eye-Popping Profits Pouring In!

Canopy Growth Corp. CGC

It’s been just under two weeks since we alerted readers that we were interested in the CGC 09/21 $30-40 Calls. This was as a direct result of beverage behemoth Constellation Brands’ (STZ) adding a multi-billion dollar block to its stake in CGC.

CGC shares themselves have risen 66% over the same period, from a low of 29.05 to yesterday’s new high of 48.19.

What this continued bullish surge has done for our options ideas has been nothing short of eye-popping. The update ranges and total possible gains so far are as follows:

$30 Calls – Range: 1.76-18.20 – Max Gain: 934%
$35 Calls – Range: .56-13.90 – Max Gain: 2382%
$40 Calls – Range: .16-8.75 – Max Gain: 5369%

The $40′s especially have obliterated our wildest expectations. A paltry $16 investment on a single $40 Call contract at the lows, would have been been worth roughly $859 at the highs!


FRESH IDEAS

As you can very plainly see, options are where the biggest potential profits lie, so we will of course be offering up a couple of fresh ideas this morning.

Both TIF and DSW are coming off of good receptions in the wake of their quarterly earnings reports today. We’ll take that into account and keep the following plays on watch:

Tiffany & Co. TIF Weekly $136-140 Calls
DSW, Inc. DSW 09/21 $30-35 Calls


Extended Watchlist:
RGSE, EGLT, MARA, CDXS, ECR, STAF, NEPT, CHFS

Blue Horseshoe Stocks: AAPL Options & More

Apple, Inc. AAPL

Our more seasoned readers will remember a time when we almost exclusively talked about microcaps trading on the OTC, but a few years ago, we decided to go to where the real money was, and have since focused primarily on quick-strike options trading opportunities. It was with AAPL that we got our sea legs in options trading, and it has been a heck of a ride since.

We’re coming back to AAPL once again to use the spike in trading activity associated with the company’s Q3 earnings beat to try to score some nice gains. The stock is gapping up into blue skies here in the premarket after rising to record high valuation, just a stone’s throw from a TRILLION dollar market cap!

We’re going to be monitoring the AAPL Weekly $195-200 Calls to try to score some nice chances this midweek.


SodaStream International, Inc. SODA

Speaking of earnings beats, SodaStream just reported on its Q2 figures, and is shining in the premarket on the heels of a strong showing and boosted guidance for the future.

We’ll look to take advantage of this situation as well, by earmarking the SODA Weekly $99-105 Calls for observation this morning.


Whirlpool Corp WHR

On Friday, we selected a range of options in the Whirlpool chain, the 08/03 $129-131 Calls, and we wanted to swing back around this morning in order to go over the success we had with those plays.
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In just a few days time, each set of contracts has made considerable multi-bag moves, which have been as follows:

$129 Calls – Range: .96-2.05 – Max Gain: 114%
$130 Calls – Range: .68-2.20 – Max Gain: 224%
$131 Calls – Range: .55-1.27 – Max Gain: 131%

Judging by the activity thus far, we’re going to want to continue to stay on top of these calls for the remainder of the week.


Extended Watchlist:
MEET, ATTU, MTOR, CLRB, FATE, SNES, RGSE, TROV

Blue Horseshoe Stocks: HAS, ABM Options & More

Hasbro Inc. HAS – Options Idea

To start things off this morning, we are looking toward the Hasbro options chain, following the company’s earnings report this morning revealed Q2 beats on sales, profits, and revs.

The stock is gapping up here in the premarket, and we’re going to want to be ready with an options idea for possible quick strike gains to kick off the week. We’re going to track the HAS Weekly $102-105 Calls, and attempt to continue to fantastic options success we have recently enjoyed.


ABM Industries, Inc. ABM

Speaking of fresh options ideas, we’re interested in ABM from a technical standpoint, and will be monitoring the activity in the ABM 08/17 $30-35 Calls.

As you can see on the following chart snapshot, we have a number of favorable indicators in play. In addition to a strong double bottom signal, and a MACD on the verge of going bullish, the stock just last week cracked and managed to hold support at its 50DMA. The RSI is also on the cusp of breaking the 50-line.

All in all, a positive move of at least a few dollars seems very possible, and would likely produce some good chances in our designated calls in that event.


Extended Watchlist:
RETA, SBBP, HCLP, CLF, RGSE,

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