RKDA Archives - Blue Horseshoe Stocks

Tuesday’s Runners, 5 New Potential Targets

Tuesday’s Activity:

We cast a fairly narrow net with regard to our options ideas for Tuesday’s premarket report, in which we included a small slate of just three ideas. The gains from two of those three were slightly muted compared to what we’re typically after, but our SPY targets saved the day once again with some really impressive moves. It’s easily our most frequented stop on our daily options adventures, for that very good reason.

Yesterday’s results for the SPY 05/19 $736-735 Puts, the BEKE Weekly $17.50 Calls, and the HD Weekly $297.50 Puts, were as follows:

SPY 05/19 $736-735 Puts
$736: .41-3.38 (+724%)
$735: .22-2.36 (+972%)
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BEKE Weekly $17.50 Calls
$17.50: 1.40-1.85 (+32%)
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HD Weekly $297.50 Puts
$297.50: 2.82-3.50 (+24%)

Fresh Options Ideas:
SPY 05/20 $735-737 Calls
KEYS 06/18 $340-330 Puts
TOL Weekly $125-130 Calls
LOW Weekly $212.50-215 Calls
TJX Weekly $155-157.50 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
SLXN, GCL, JUNS, MWC, CAPS, PHGE, RKDA, PETZ, IMVT, GDC, HAO, GDC

Wednesday’s Winners, 4 New Ideas

Options Review for Wednesday:

Our green streak for the week remained intact on Wednesday, with all four of the possible plays we put forth for consideration in our our premarket report logging double-bag intraday runs or better. We had a bunch of high profile earnings reporters on the wire, and were able to take advantage. We’ve got another interesting slate this morning on that front, so we’ll try to help ourselves to some more intraday gain opportunities today.

As for Wednesday’s selections, we had the FL Weekly $20-19.50 Puts, the CRM Weekly $370-375 Calls, the OKTA Weekly $90-95 Calls, and the DLTR Weekly $75-77 Calls, and these were the moves they registered on the session:

FL Weekly $20-19.50 Puts
$45: .03-.09 (+200%)
$45: .05-.10 (+100%)
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CRM Weekly $370-375 Calls
$370: .79-3.65 (+370%)
$375: .43-1.92 (+375%)
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OKTA Weekly $90-95 Calls
$90: .25-.77 (+208%)
$91: .16-.48 (+200%)
$95: .06-.20 (+233%)
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DLTR Weekly $75-77 Calls
$75: .52-1.48 (+185%)
$76: .34-1.00 (+194%)
$77: .26-.74 (+185%)

Fresh Options Ideas:
FIVE Weekly $120 Calls
AEO Weekly $18.50-17.50 Puts
DG Weekly $80-81 Calls
TSLA Weekly $360-365 Calls

Cyclerion Therapuetics, Inc. (NASDAQ:CYCN) – Recap:

We had a play jump off of our extended watchlist in yesterday’s report. We included CYCN, a NASDAQ stock that more than doubled on the day, running from 4.63-9.44 for an intraday rise of 104%

Extended Watchlist:
SVMH, TARA, PRFX, PBM, BJDX, RKDA, MIGI, NNOX

Blue Horseshoe Stocks: ARDX Recap, Options Ideas

Ardelyx, Inc. ARDX

We selected ARDX yesterday morning for inclusion in our daily extended watchlist, and to be perfectly honest, our timing couldn’t have been much better. The stock exploded out of the gate, and despite a down day for the markets at large, ARDX bucked the trend with its biggest single session move since 2017.

The stock managed an intraday range of 3.77-5.95 which works out to a daily gain of 58% The stock ended the session with a bullish close 5.82, losing very little of its gained ground That puts it in the class of possible momentum mover, so we’ll certainly continue to keep our eyes peeled for further gain opportunities.

PVH Corp. PVH

Following an earnings beat last week for the owner of the once extremely popular Tommy Hilfiger clothing brand, PVH has been making attempts to come up off of its bottom for a few sessions. Today, we’ve spotted a $10M Form-4 buy from the CEO, and coupled with the positioning of the chart, we would like to signal an options idea for the chain.

Taking all of the current circumstances into account, we are going to be tracking the PVH 09/20 $75-85 Calls, in the days and weeks to come.

Bonus Idea:
SPY Weekly 292-293.50 Calls

Extended Watchlist:
OPGN, MIK, PFSI, TBLT, RKDA, PFSI, PVH, KMPH,

Blue Horseshoe Stocks: Updating Recent Picks

Arcadia Biosciences, Inc. RKDA

As we were just mentioning yesterday morning, we’ve seen RKDA run from a low of 2.70 after placing it on watch Friday morning, and it was high flying in the premarket yesterday, causing us to warn readers of further gains incoming.

The stock strung together its second straight bull run, adding to Friday’s gains and reaching a subsequent high of 7.35. That registers as a two-day swing of 172% and continues to give us cause to keep RKDA on the radar.as it streaks to 5-month highs.

Taronis Technologies, Inc. TRNX

We began tracking TRNX last month as the stock was trading for as little as .1832 a share and observed a subsequent run of 244% to .63.

More recently, stock made a consolidation down to .401, and as of yesterday had returned back to a high of .544, representing a swing of 36% We’re going to want to keep an eye for TRNX to retest its previous highs and potentially breaking into new territory.

PCT Ltd. PCTL

Finally, PCTL was appearing in our reports quite a bit at the end of last month into the beginning of August. Subsequent to our last alert, the stock ran from .0085 to a new high of .0228, a gain of 168%

There is a patch of resistance around the .029 area that we wouldn’t be surprised to see PCTL test in upcoming sessions.

Fresh Options Ideas:

JD Weekly 27.50-29.50 Calls
AAP Weekly $140-135 Puts

Extended Watchist:
EAT, YPF, KTOS, RBZ, TRXC, SGLB,

Blue Horseshoe Stocks: Capping Off a Solid Week

Another Great Week in Options Trading

If you follow our reports and performance closely, you’ll know that we consistently deliver multiple solid quick-strike options ideas on a weekly basis, and this week has been no exception.

Our premarket report yesterday included fresh near-term targets for AMD and UBER, which both produced chances for significant intraday profits, which were as follows:

Advanced Micro Devices, Inc. AMD 08/16 $30.50-31.50 Calls
$30.50 Calls – Range: 1.47-3.80 – Max Gain: 156%
$56 Calls – Range: .98-3.50 – Max Gain: 257%
$56.50 Calls – Range: .70-3.00 – Max Gain: 329%

Uber, Inc. UBER Weekly $41-42.50 Calls
$56 Calls – Range: 2.15-3.10 – Max Gain: 44%
$56.50 Calls – Range: 1.90-2.77 – Max Gain: 46%
$57 Calls – Range: 1.55-2.52 – Max Gain: 63%
$56.50 Calls – Range: 1.44-2.24 – Max Gain: 56%

Fresh Ideas:

It wouldn’t be a full-fledged Friday morning report without a couple of new ideas to carry us down the home stretch on another great trading week, and into the next. Here’s what’s hitting our scanner this morning:

FNKO 08/16 $25-30 Calls
DXC 08/16 $40-37.50 Puts

*We’re also going to radar GHST, thanks to our faithful subscriber, Mark!

Extended Watchist:
RKDA, LLEX, ELY, VYGR, ONVO, YELP, MRNS,