Big Runner Recap, Fresh Ideas

Tuesday’s Nice Plays: 

Another day, another batch of solid options plays offering up excellent intraday gain chances. Such was the case with Tuesday’s selections, with the exception of the longer-term calls we highlighted in DISH, which we’re sure we’ll be coming back to before their April expiration.

The shorter-term earnings plays we signaled, however, did manage to post some really impressive figures. They were the DKS Weekly $137-140 Calls, the SE Weekly $69-71 Calls, and the SQSP 03/17 $25-30 Calls. The gain opportunities presented by those targets ranged from very good to excellent, as you can see below on this intraday breakdown:

DKS Weekly $137-140 Calls
$137:
 4.55-10.04 (+121%)
$138: 3.80-9.10 (+139%)
$139: 2.80-7.95 (+184%)
$140: 2.69-7.14 (+165%)
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SE Weekly $69-71 Calls
$69:
 2.53-11.81 (+367%)
$70: 1.79-11.50 (+542%)
$71: 1.63-10.10 (+519%)
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SQSP 03/17 $25-30 Calls
$25: 1.15-3.06 (+166%)
$30: .06-.25 (+317%)


Fresh Options Ideas: 
CRWD Weekly $131-133 Calls
CPB Weekly $52-53 Calls
KDP 03/17 $35 Calls
MDLZ 03/17 $65 Calls


Extended Watchlist:
FEMFF, NLST, GMZP, HNRC, FRTX, RIGL, KBAL, SIDU, FRGT, OBSV

Closing Out a Great Week with Strength

Thursday Options Recap:

We have been rolling right along on the options front this week, coming up with four sets of winning ideas in each of last three consecutive sessions. In our premarket report for Thursday morning, we provided readers with a varied set of potential targets to watch, and once again, all four yielded intraday gain opportunities. We are very proud to be able to come up with good ideas on a daily basis for our readers the vast majority of the time, and we certainly upheld that standard this week.

We were focused on the GIII 12/16 $17.50-15 Puts, the DG Weekly $245-240 Puts, the SPLK Weekly $83-85 Calls, and the SNPS Weekly $360-370 Calls. The markets as a whole experienced somewhat of a choppy session, but our items of interest produced the following intraday runs and profit chances:

GIII 12/16 $17.50-15 Puts
$17.50:
5.00-5.55 (+11%)
$15: 2.50-3.20 (+28%)
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DG Weekly $245-240 Puts
$245: 6.00-14.10 (+135%)
$242.50: 5.50-10.72 (+95%)
$240: 4.10-9.30 (+126%)
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SPLK Weekly $83-85 Calls
$83: 3.45-8.80 (+155%)
$84: 2.59-7.60 (+193%)
$85: 2.07-6.61 (+219%)
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SNPS Weekly $360-370 Calls
$360:
 6.50-8.40 (+29%)
$370: 2.45-4.70 (+92%)


Fresh Options Ideas:
ZS Weekly $131 Puts
MRVL Weekly $43.50-42.50 Puts
ULTA Weekly $470-475 Calls
SMAR 12/16 $35-40 Calls


Extended Watchlist:
ASTA, PMOMF, IGEX, PRDL, PVCT, BRLL, AVXL, RIGL, SOXS, RMED, TOPS, EOSE

Blue Horseshoe Stocks: LULU Recap & More

Lululemon Athletica LULU – Recap

If you have been following our newsletters for any significant period of time, you know that we’ve been hitting home runs left and right in the options trading arena. We offered up a range of contracts in the LULU chain to watch on Friday on the heels of the company’s earnings drop, the LULU Weekly $149-152.50 Calls.

Unsurprisingly, we saw some very nice activity out of those plays to close out what had already been another successful week for options.

$149 Calls – Range: 5.35-10.70 – Max Gain: 100%
$150 Calls – Range: 5.00-10.75 – Max Gain: 115%
$152.50  Calls – Range: 2.95-7.30– Max Gain: 147%
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Another very notable move from the plays we were watching last week came from the SPY $290 Calls which experienced a significant dip and rip, trading as low as .06 before closing at .65, an intraday rise of 983%


Extended Watchlist:
RIOT, SPPI, NBEV, ALT, RIGL, TLRY, CRON

Blue Horseshoe Stocks: More Thousand Percent Gainers!

Options Review

We included a trio of options ideas in Friday morning’s premarket report, even as we reported hitting a 28-bagger on CGC. Some may have thought that thousand percent gainers were a rarity, but not in this market! They all rose considerably, but TWO out the three ideas yielded chances at single session profits of more than a thousand percent!

Here are those ideas, and the total possible gains they recorded on the day:

AMD Weekly $22.50 & 23 Calls
$22.50: .31-1.48  (+377%) | $23: .07-.97 (+1285%)

ADSK Weekly $147-150 Calls
$147: 6.27-10.58 (+70%) | $148: 3.50-9.59 (+174%) | $149: 3.58-8.40 (+135%) | $150: 2.85-7.62 (+176%)

SPLK Weekly $114-117 Calls
$114: 1.10-12.09 (+999%) | $115: 1.00-11.10 (+1010%) | $116: .95-9.84 (+936%) | $117: 1.10-9.29 (+745%)


Seven Stars Cloud Group Inc SSC

On Friday we noted that our intial alert on SSC on the morning of July 24th led to a a move of 170%+. We then suggested a dip-and-rip could lead to even more gains, and as of the end of the day Thursday we had seen that move, from 2.71 to 4.35.

Friday the rebound continued, with SSC reaching a new high of 5.75. That extended the breadth of this move to 112%, proving that while we mainly focus on options nowadays, our interest in stocks alone still remains.


Extended Watchlist:
NEPT, DPW, RIGL, LLNW, AMRN, BPMX, CNAT, TLRY

Blue Horseshoe Stocks: UURAF Update & More

Ucore Rare Metals, Inc. UURAF – Update

We wanted to return to UURAF today, a company we covered last month, which is in the process of designing and building a rare earth material extraction facility near Ketchikan, Alaska which it believes could help the US end its dependency on China for rare earths.

UURAF’s Bokan – Dotson Ridge rare earth property is considered as having some of the richest deposits of rare earth materials in North America, and is so promising that the Alaskan government pledged a $145M funding package to assist in development of the property, including $30M for the new processing facility.

A few weeks ago, the company announced it would be executing a private placement to help cover general expenses as it continues to develop the Bokan property, and just yesterday, we saw that the company has completed the first portion of that deal, quickly making good on its earlier statement:

HALIFAX, Nova Scotia, June 11, 2018 (GLOBE NEWSWIRE) — Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) is pleased to announce that further to its news release dated May 23, 2018, the Company has successfully closed the first tranche of its non-brokered private placement by issuing 6,344,074 units at a subscription price of $0.18 per Unit for gross proceeds of approximately $1,142,000. (>>View Full PR)
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VIDEO CHART:

We have also prepared a video presentation of the current UURAF chart.

We are going to be reviving our YouTube channel so after you’re finished viewing the following chart, be sure that you get subscribed with alerts activated, for more great content coming soon!


Tesla, Inc. TSLA – Options Idea

TSLA stock is getting a jolt after KeyBanc analysts predicted as much as a 50% rise in Tesla Model 3 deliveries, and as is the case whenever something causes a stir on the chart, we are going to be looking to take advantage of the situation using some weekly options ideas.

For TSLA, which just recently cracked through its 200DMA, we are going to be looking to the TSLA Weekly 337.50-347.50 Calls for potential quick-strike trades.


Extended Watchlist:
KNDI, SAGE, I, RIGL, GALT, TYME, APRI

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