Blue Horseshoe Stocks: Tons of New Ideas!

Recapping a Huge Options Day 
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The whole of last week was a bonanza of options trading opportunities for us, and we left off on Friday by giving readers three final fresh plays to close things out. Thanks to another solidly bullish session for the markets at large, all three of our ideas bore fruit in a big way.

Here are the daily ranges and the fantastic total percentage gains that were on the table:

Twitter, Inc. TWTR Weekly $38.50-41 Calls
$38.50 Calls – Range: 1.80-3.80 – Max Gain: 111%
$39 Calls – Range: 1.14-3.32 – Max Gain: 191%
$39.50 Calls – Range: 1.09-2.79 – Max Gain: 156%
$40 Calls – Range: .25-2.32 – Max Gain: 828%
$40.50 Calls – Range: .49-1.82  – Max Gain: 271%
$41 Calls – Range: .11-1.33 – Max Gain: 1109%
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Starbucks, Inc. SBUX Weekly $95.50-96.50 Calls
$95.50 Calls – Range: .79-2.32 – Max Gain: 197%
$96 Calls – Range: .47-3.69 – Max Gain: 685%
$96.50 Calls – Range: .35-3.15 – Max Gain: 800%
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SPDR S&P500 (ETF) SPY Weekly $300-301 Calls
$300 Calls – Range: .87-2.24 – Max Gain: 157%
$300.50 Calls – Range: .54-1.80 – Max Gain: 233%
$301 Calls – Range: .29-1.22 – Max Gain: 321%

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Fresh Options Ideas:

There appears to be a lot going on this morning as we start off another trading week. We’re going to dive right into the action with a variety of fresh new ideas:

TSEM Weekly $18-20 Calls
BAH Weekly $65-75 Calls
GRUB Weekly $77.50-79 Calls
MYL Weekly $21-22.50 Calls


Tenet Healthcare Corp. THC 

We began talking about THC on Wednesday morning, and tracking its options chain. Over the final three days of last week the stock made a major move on the chart, which facilitated eye popping options trading opportunities.

The stock itself ran from a low of 17.32 on Wednesday to 22.13 on Friday. That represents a three-day swing of 28% That move allowed one of our options targets, the $18 Calls, to make one of the largest percentage moves we’ve identified so far this year. From a low of .10, they soared to 3.59, which works out to a total possible gain of 3490% in a THREE DAY period!


Extended Watchist:
PCTL, TTCM, TCEL

Blue Horseshoe Stocks: Wrapping Another Great Week

Options Review
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It has been another characteristically good week for the options ideas we’ve been tracking, including a pair of twenty-baggers on Wednesday. To follow up on that, we presented some fresh targets in yesterdays report, and we got some good results from those as well.

Here were top movers and the total potential gains they produced on the day:

Anheuser Busch InBev BUD Weekly $99-101 Calls 

$99 Calls – Range: .56-3.40 – Max Gain: 507%
$100 Calls – Range: .40-2.67 – Max Gain: 568%
$101 Calls – Range: .26-1.55 – Max Gain: 496%

3M Corp. MMM Weekly $185-190 Calls 

$85 Calls – Range: 1.10-2.15 – Max Gain: 95%
$87.50 Calls – Range: .40-.92 – Max Gain: 130%
$90 Calls – Range: .14-.28 – Max Gain: 100%
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Fresh Ideas:
Twitter, Inc. TWTR Weekly $38.50-41 Calls*
Starbucks, Inc. SBUX Weekly $95.50-96.50 Calls*
SPDR S&P500 (ETF) SPY Weekly $300-301 Calls*

* Do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds.



Other Updates 

Fuel Cell Energy Inc. FCEL – We wanted to mention the bottom bounce candidate we tagged in yesterday’s watchlist. It was looking ripe for another rebound and we ultimately saw the beginnings of that.

The stock traded up from a daily low of .365, and reached a high of .4926. That works out to an intraday move of 35% and a good start for a play that we’re going to continue to track.


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Tautachrome, Inc. TTCM – Has made repeat appearances in our reports recently, because of the solid intraday volatility it has been bringing to the table and yesterday was no exception.

The stock had another nice bounce back with a range of .0161-.0245, representing a daily move of 52%


Extended Watchist:
MAT, NXGN, SMSI, PCTL,

Blue Horseshoe Stocks: SBUX Success & More

Starbucks Corp. SBUX - Recap

We formulated some options ideas for Friday morning’s premarket report, and among them were the SBUX Weekly $66-67.50 Calls. Continuing a trend that we carried throughout the week, we once again struck upon multi-bag gains off of an earnings related play. This type of trade has become one of our go-to moves for this very good reason. We urge any skeptics to rifle through our blog and check our record on this. We believe our success rate is unparalleled.

$66 Calls – Range:.65-1.65 – Max Gain: 154%
$66.50 Calls – Range: .40-1.35 – Max Gain: 238%
$67 Calls – Range: .22-.80 – Max Gain: 264%
$67.50 Calls – Range: .10-.49 – Max Gain: 390%
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We also had the WDC Weekly $43.50-45 Calls in Friday’s report, and despite the fact that only the $43.50′s ended up being in play, the potential gains they afforded traders were exceptional. They traded up from a low of .03 all the way up to .26- a move of 767% on the day.


Caterpillar, Inc. CAT

We’ll once again look to a premarket earnings release to provide us with the impetus for a fresh idea this morning. Caterpillar missed on profits and issued unimpressive guidance, as the company reported disappointingly low demand, specifically in the Chinese market.

We are going to take a bearish view on this for the near-term, and put the CAT Weekly $132-128 Puts on watch to kick off the fresh trading week.


Extended Watchlist:
AVCO, TEUM, SUPN, OGEN, RBZ, BLPH, BW, IAG

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Blue Horseshoe Stocks: SBUX Options & More

OPTIONS RECAP

Yesterday was a day for options, with a whole calendar full of earnings reports, and we formulated a couple of fresh ideas in LUV and MKC, going bullish and bearish, respectively. Both sets of contracts produced really good opportunities for intraday gains.

Southwest Airlines Co.

LUV Weekly $52-54 Calls

$52 Calls
 – Range: 1.25-2.63 – Max Gain: 110%
$52.50 Calls – Range: .99-1.90 – Max Gain: 92%
$53 Calls – Range: .56-1.85 – Max Gain: 230%
$53.50 Calls – Range: .40-1.25 – Max Gain: 213%
$54 Calls – Range: .20-1.00 – Max Gain: 400%

McCormick & Co. Inc.
MKC 02/15 $125 & $120 Puts
$125 Puts – Range: 3.11-5.51 – Max Gain: 77%
$120 Puts – Range: 1.51-1.91 – Max Gain: 26%
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FRESH IDEAS:
SBUX Weekly $66-67.50 Calls*
WDC Weekly $43.50-45 Calls*

*Please do not attempt to trade weekly options on a Friday unless you an advanced level trader with disposable funds.


Briggs & Stratton Corp. BGG

We want to close things out this week by commenting on Briggs & Stratton’s gap down to its lowest PPS since the the early 1990′s. While it may see more short term losses first, we still want to radar this as a bottom-watch play.


Extended Watchlist:
DBVT, AYTU, MRIN, TTNP, PIR, CAPR, ACHV

Blue Horseshoe Stocks: Double-Bottom Watchlist & More

Double-Bottom Watchlist

We like to look for potential rebound plays in stocks that are displaying a double bottom formation on the chart, and we’ve got three such candidate to add to a recovery watchlist this morning.

InVivo Therapeutics Holding Corp. NVIV, Stein Mart,Inc. SMRT, and Sportsman’s Warehouse Holdings, Inc. SPWH have all begun to trend off of a level of support that has been established on one or more previous occasions. We’ll want to monitor this trio in the days and weeks ahead for possible sustained recoveries.




StarBucks Corp. SBUX – Options Idea

Shares of SBUX really came crashing down this morning, all the way to the $55-level, the lowest PPS since March. We’ll be looking to take advantage of a possible forthcoming rebound when the smoke clears.

SBUX has demonstrated solid support in the $54-area earlier this year, so we’ll look for it to hold there or above on this plummet that comes even as analysts are reporting a good outlook.

Once a rebound begins to materialize, we could see some noteworthy activity in the SBUX 08/18 $54-55 Calls.


Extended Watchlist:
UHLN, BVTK, CLDX, OTTV, JAGX, KOOL, IMGN,