Blue Horseshoe Stocks: Options Review & More

SPDRA S&P 500 ETF (SPY)

After following up a string of successful SPY calls from last week, we added a fresh quick-strike idea yesterday morning. With the markets looking ready to pop after positive jobs numbers were released, we signaled our interest in tracking the SPY 07/09 $275.50-277 Calls.

Trading options with same-day expiry always carries a high risk, but in this case, it was well worth it, with each of our designated contracts producing gains of a significant nature on the day.

$275.50 Calls – Range: 1.18-2.74 – Max Gain: 132%
$276 Calls – Range: .80-2.01 – Max Gain: 151%
$276.50 Calls – Range: .48-1.42 – Max Gain: 196%
$277 Calls – Range: .23-.93 – Max Gain: 304%
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Tesla, Inc. TSLA

An idea that we formulated on Friday was with some extended term TSLA Calls. We wanted to remind readers of these contracts this morning, as the stock is behaving like we might now see the move that we predicted at the end of last week.

The TSLA 08/02 $300-315 Calls should be in line to see some nice gains with the stock itself gapping up hard here in the premarket.
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Fresh Idea:
For another fresh options trading idea on the heels of PEP’s earning beat, we’re going to be tracking the activity in the PepsiCo, Inc. PEP $109-112 Calls.


RiceBran Technology RIBT

We have included RIBT in our reports on each of the past two Mondays, and the stock has made appreciable moves to the upside in that time span.

Between our initial alert last Monday, after a low of 2.21 from which the stock hasn’t looked back, yesterday’s new high reached 3.09, marking a one week upswing of 40% We’ll be interested to see how far the stock can continue to streak into blue skies.


Extended Watchlist:
TNTR, AYTU, CLNE, CRMD, OHGI

Blue Horseshoe Stocks: More SPY Action

SPDRA S&P 500 ETF (SPY)

We want to formulate a new options idea for the SPY, but first, we would like to present the final performance of the Weekly SPY Calls we signaled last Tuesday.

Those were the SPY Weekly SPY Weekly $272.50-274 Calls and the gains they experienced over the course of the short holiday week were exceedingly impressive, with percentage increases in the thousands on two out of four contracts, with the other two set not trailing far behind, with huge multi-bag gains of their own. .

$272.50 Calls – Range: .43-3.35 – Max Gain: 679%
$273 Calls – Range: .28-2.82 – Max Gain: 907%
$273.50 Calls – Range: 17-2.35 – Max Gain: 1282%
$274 Calls – Range: .09-1.82 – Max Gain: 1922%

As we mentioned above, we’ve got a fresh idea for the SPY for today as well. in the wake of this morning’s positive jobs numbers. We’re going to keep an eye on the SPY 07/09 (Expire Today*) 275.50-277 Calls.

*Speculation in these contracts today is tantamount to trading weekly options on a Friday. Should NOT be attempted, except by veteran traders with disposal funds!


Intrexon Corp. XON – Form-4 Bottom Bouncer

We’re very interested in the current scenario with XON. We noticed the CEO purchasing roughly $100M worth of the company’s stock last week at 13.37, and we like the current technical setup as well, with a strong bottom bounce in progress along with a gap on the chart to the upside.

We could see an significant move happening for the stock itself, but we also want to include an extended term options idea for more leverage in the case of a protracted recovery, which is presently looking like a solid possibility. We’ll have an eye on the XON 08/17 $14-17 Calls.


Extended Watchlist:
BIOAQ, PVG, SECO, RIOT, LEDS, ASTC, RIBT

Blue Horseshoe Stocks: Recapping Friday’s Winners & More

South American Gold Corp. SAGD
(soon to be Sativa Growth International)

We initially tagged SAGD on June 21st, signaling our interest in tracking the stock as it was trading as low as .0135. We saw a nice 170% move to .0364 in a matter of week, something we mentioned on Friday when we recapped the stock’s impressive move.

Friday’s session itself brought another opportunity in SAGD in the form of a dip-and-rip scenario. The stock traded for as little as .0255 before rattling off a new high of .0378. It marked an intraday swing of 48% and as measured from our initially observed lows, the new high marked an overall increase of 180% in just over a week.

We’ll be continuing to track the company’s efforts to effect a name and direction change, as it attempts to enter the cannabis space.



SPDRA S&P 500 ETF – SPY Options Recap

On Friday morning, we took a crack at the SPY by signaling some options as the markets looked ready for a solid session. We highlighted the SPY Weekly $270-272 Calls, and the moves exhibited by those contracts were respectable and worthy of mention.

The total possible intraday gains were as follows:

$270 Calls
– Range: 2.32-3.65 – Max Gain: 57%
$271 Calls – Range: 1.37-2.62 – Max Gain: 91%
$272 Calls – Range: .57-1.70 – Max Gain: 198%


UpperSolution.com URSL

We also would like to quickly make mention of URSL, a penny play we took notice of this morning after a recent run of extreme volatility. The stock has come back down to a relative bottom after a recent incredible run from less than fifty cents to more than 5.50/share. On friday the stock fell back off of a cliff down to the 1.50 area.

With these types of swings occurring in the past handful of sessions, we’re interested in tracking the stock’s activity as we kick off this holiday-shortened week.


Extended Watchlist:
CEI, TVIX, GEVO, PED, RIBT, BLFS