RL | Blue Horseshoe Stocks

More Updates, New Ideas

Options Recaps

Here are the figures on the trading ranges and total possible gains from our fresh options ideas in yesterday morning’s premarket report. Unsurprisingly, we had access to some solid single session gains on the day.

Today the market is ripping because of China’s banks pumping billions into their own markets, and the SPY gains below should be dramatically intensified at the open this morning!

SPY Weekly $323-324 Calls
$323: 3.30-4.82 (+46%)
$324: 2.71-4.16 (+54%)

ACM 02/20 $50-47.50 Puts
$50: 2.20-3.10 (+41%)
$47.50: 1.05-1.35 (+29%)

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Fresh Ideas:
BP Weekly $35.50-37 Calls
RL Weekly $119-122 Calls

Vaxart Inc. VXRT

We began tracking VXRT in Friday morning’s report, wherein we provided a link to the company’s coronavirus related news, After two consecutive, and equally strong performances, the stock has made a quite a bit of progress for us.

From our observed low of .956 on Friday morning, VXRT went on to hit a high of 1.83 yesterday, registering as a two-day upswing of 91% With the coronavirus death toll rising daily, we’re going to continue to look out for this, and any other related opportunities we can get our hands on, as fear is often a powerful motivator.

Global Consortium Inc. GCGX

We do still occasionally throw a subpenny OTC play into the mix when it’s warranted, and such was the case for GCGX, another play we signaled interest in on Friday morning. The stock has produced a solid two-day move.

From a low of .0032, GCGX ran up to .0059 yesterday, marking an overall swing of 84% We’ll keep this one on the radar as well.

New Options Ideas & More

Options Review

We want to circle back this morning to update readers on some options ideas we put forth in our premarket report on Tuesday morning. We were interested in tracking the REGN Weekly $317.50-325 Calls and the UBER Weekly $29.50-28 Puts and found solid success in both instances.

Here were the two-day swings made by each contract set in our highlighted ranges, and the total potential profits that were there for the taking:

REGN Weekly $317.50-325 Calls
$317.50 Calls – Range: 11.02-23.00 – Max Gain: 109%
$320 Calls – Range: 5.99-22.65 – Max Gain: 278%
$322.50 Calls – Range: 6.56-17.50 – Max Gain: 167%
$325 Calls – Range: 4.00-18.23 – Max Gain: 356%
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UBER Weekly $29.50-28 Puts
$29.50 Puts – Range: 1.27-3.99 – Max Gain: 214%
$29 Puts – Range: 1.01-3.52 – Max Gain: 249%
$28.50 Puts – Range: .85-3.20 – Max Gain: 276%
$28 Puts – Range: .65-2.60 – Max Gain: 300%

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Fresh Options Ideas:

QCOM Weekly $88.50-90 Calls
BIDU Weekly $114-117 Calls
MCD 01/17 $195-220 Calls

Grom Social Enterprises Inc. (OTCMKTS: GRMM)

We also want to update readers on the performance of GRMM following the special report we released on the company yesterday morning.

The stock saw a daily low of .105 before running as high as .145. That represents an intraday increase of 38% exhibiting just the type of desirable near-term volatility potential that we described in our initial report. It adds to the excitement of where the stock could go from here. Expect updates to be forthcoming as the situation continues to develop.

>>View GRMM Special Report<<

Extended Watchlist:
WDIS, SKDI, LVGO, RL, TMDI, GOGO, IQ

Blue Horseshoe Stocks: Wins Keep Coming

Continued Options Success
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Yesterday we mentioned that we were in the heart of a major flood of earnings reports. We recapped the 4-pack of ideas we gave out on Monday, and formulated new ideas for four more plays. Once again and for the second day in a row, ALL FOUR of our ideas bore major fruit in a single session.

For any newcomers that don’t understand why we go back to quick-strike options trading again and again, this is the reason. There’s no other way to make such large potential gains, so reliably, over such a short period. Even the OTC Markets cannot provide the same near-term volatility.

These were the intraday gains made possible by yesterday’s fresh ideas:

PG Weekly $118-121 Calls
$118 Calls – Range: 1.75-3.80 – Max Gain: 117%
$119 Calls – Range: 1.45-3.00 – Max Gain: 107%
$120 Calls – Range: .60-2.18 – Max Gain: 263%
$121 Calls – Range: .42-1.50 – Max Gain: 257%

RL Weekly $110-113 Calls
$110 Calls – Range: .80-1.95 – Max Gain: 144%
$111 Calls – Range: .45-1.71 – Max Gain: 280%
$112 Calls – Range: .40-1.05 – Max Gain: 163%
$113 Calls – Range: .20-.70 – Max Gain: 250%

LLY Weekly $108-110 Calls
$108 Calls – Range: .96-2.12 – Max Gain: 118%
$109 Calls – Range: .60-1.90 – Max Gain: 217%
$110 Calls – Range: .40-1.30 – Max Gain: 225%

OSTK Weekly $22.50-24 Calls
$22.50 Calls – Range: .85-1.40 – Max Gain: 65%
$23 Calls – Range: .40-.95 – Max Gain: 138%
$23.50 Calls – Range: .25-1.03 – Max Gain: 312%
$24 Calls – Range: .40-1.28 – Max Gain: 220%

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Fresh Options Ideas:

Why stop now when we’ve seen such immense success this week? Here are a pair of big name earnings reporters that strike us as having the highest amount of potential to perform well once the session gets going.

GE Weekly $10.50-11 Calls
AAPL Weekly $215-220 Calls

Extended Watchist:
ENPH, ECA, HLTH, HTBX, CG