Tag: ROKU

Blue Horseshoe Stocks: Winning Options Trades & More

More Winning Options Trades

We submitted a pair of daytrading ideas for the NVDA and ROKU options chains, and it’s no surprise that both ideas turned out to be winners for us. Our lack of shock stems from the fact that we have been absolutely crushing it when it comes to options. We always have solid success in this arena, but the past few weeks have been more loaded with huge gainers for us more than even we are accustomed to, and Friday continued that trend convincingly.

We had the NVIDIA Corp. – NVDA Weekly $205-212.50 Calls as well as the Roku, Inc. – ROKU Weekly $28-30 Calls on watch for the day, and there wasn’t a single contract contained within either of those ranges that didn’t provide us with some really nice chances for big gains. Those were as follows:

NVDA Weekly $205-212.50 Calls
$205 Calls – Range: 7.50-13.59 – Max Gain: 81%
$207.50 Calls – Range: 5.55-11.06 – Max Gain: 99%
$210 Calls – Range: 3.65-8.60 – Max Gain: 136%
$212.50 Calls – Range: 1.90-7.22 – Max Gain: 280%

ROKU Weekly $28-30 Calls
$28 Calls – Range: 2.60-8.00 – Max Gain: 207%
$29 Calls – Range: 1.90-7.22 – Max Gain: 280%
$30 Calls – Range: 1.10-6.50 – Max Gain: 491%

JB&ZJMY Holding Company, Inc. JBZY

We also want to make note of JBZY, which has a pretty good chart setup at the moment. The stock was trending up off of its 50DMA throughout last week, and is sitting at .08 currently.

With a recent run to .16 showing us what this play is capable of in just a short time, we’ll go ahead and put it on watch as we start off a new trading week. As we’ve pointed out on the snapshot below, another bullish cross looks inevitable for the MACD.

Extended Watchlist:
TRXC, GV, RLOG, BIOA, NQ, PRTY, CEI

Blue Horseshoe Stocks: Options Success & More

 AT&T, Inc. T – Update

As we were mentioning yesterday, AT&T was ripening for a rebound, and the stock did post a bullish session. It allowed for the beginning of what could still end up being an even more impressive move in the options contracts that we signaled for observation.

We put the T 01/19 $34-36 Calls on watch for a longer-term idea, and they got off to a good start, even as the markets in general took a turn for the worse. The solid performance of T made the following gains possible for our options calls:

$34 Calls – Range: .91-1.33 – Max Gain: 46%
$35 Calls – Range: .53-.89 – Max Gain: 68%
$36 Calls – Range: 37-.56 – Max Gain: 51%

At the present time, we still think AT&T has a ton of upside, with indicators on the chart suggesting that yesterday’s positive session was only a precursor to what could be a much bigger rebound.


Trio of Fresh Options Ideas

We’ve got a couple of daytrading ideas for the NVDA and ROKU options chains, and as we always do, we’d like to caution our readers against trading weekly options on a Friday unless you are an expert trader with disposable funds. It’s incredibly risky.

NVIDIA Corp. – NVDA Weekly $205-212.50 Calls
Roku, Inc. – ROKU Weekly $28-30 Calls

We’ve also got a fresh, longer-term idea to add to our list of tracked contracts, after noticing Price Smart was showing a strong double-bottom signal. We’ll place the following idea on watch in coming sessions.as we await this stock’s recovery.

PriceSmart, Inc. – PSMT 01/19 $80 & $85 Calls 

Extended Watchlist:
ATOS, CREG, JCP, SOGO, TOPS, RGSE, CSIQ