Blue Horseshoe Stocks: MIK Options & More

SPDR S&P500 ETF (SPY) – Recap

We went bullish on the SPY in our premarket report yesterday, and thanks to two distinct intraday pushes for the markets, there were opportunities across the board for our highlighted contracts throughout the session.

Those targets were the daily SPY 03/18 $281-282 Calls, and we saw significant moves from all three. The $281.50 Calls traded in a range from .34-1.06 for an overall upswing of 212% while the $282′s traded up from .15 to .58, a gain of 287% (We mistakenly lost exact data for the $281 calls, but the gain opportunities were very similar to those of the other two strike points.) 


The Michaels Companies, Inc. MIK

We also want to signal a set of contracts on MIK, which was the one listing on this morning’s earnings calendar that jumped out to us the most. Michaels posted an earnings beat, but also happens to be trading near its annual lows.

We’re going to approach this like we would any other play with bottom-bouncer written all over it, by signaling some longer-term calls to give ourselves some extra time to see the recovery play out. We’re going to radar the MIK 04/18 $12.50 Calls and monitor their activity in the days and weeks ahead.
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Bonus Idea:
STNE 04/18 $37.50-39 Calls


Extended Watchlist:
FPAY, CPST, INSY, TROX, CPST, NCTY, SDRL, CREG, LGCY, AKER, PIR

Blue Horseshoe Stocks: The Week’s Top Winners

The Week’s Top Winners

Cisco Systems, Inc. CSCO – Among our fresh options ideas that we provided readers in yesterday’s premarket report, was a range of calls in the CSCO chain after the company issued much better Q1 figures than were expected.

Our targets were the CSCO Weekly $45-50-47.50 Calls and not only did they all produce instant opportunities for single-session profits, but those gains ended up being absolutely huge multi-bag intraday runs:

$45.50 Calls – Range: .40-1.33 – Max Gain: 232%
$46 Calls – Range: .20-.91 - Max Gain: 355%
$46.50 Calls – Range: .10-.54 – Max Gain: 440%
$47 Calls – Range: .03-.30 - Max Gain: 900%
$47.50 Calls – Range: .03-.11 – Max Gain: 266%
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We also had signled the Amarin Corp AMRN Weekly $15.50-17 Calls  and those too produced multi-bag rips across the board:

$15.50 Calls – Range: 1.22-3.90 – Max Gain: 220%
$16 Calls – Range: 1.00-3.00 - Max Gain: 200%
$16.50 Calls – Range: .69-2.90 – Max Gain: 320%
$17 Calls – Range: .52-2.00 - Max Gain: 285%

Today, we’ll look to potentially roll up our strike prices on AMRN to the Weekly $17 & $18 Calls*.

Bonus Idea:
PCG Weekly $24-26.50 Calls*

*NEVER trade weekly options on a Friday unless you are expert-level trader with disposable funds


Extended Watchlist:
NE, EOX, FPAY, ZAYO, AEZS, GSL, OGEN, SDRL

Blue Horseshoe Stocks: NBEV Update & More

New Age Beverages Corp. NBEV

The performance of NBEV has been absolutely incredible this week, and we’ve been sticking with it the whole way. We were just mentioning yesterday morning how the stock set its all time single session record move on Wednesday, and yesterday set another new all time high for the second day in a row!

NBEV traded in a range from 5.27 to 7.85 (+49%) which also marked a total rise of 423% over our observed low of 1.50 following our initial alert on the 4th of this month. In post-market trading activity, the stock actually reached 10.34, which extends that figure to a gain of 589% in a matter of just twelve trading days!

With NBEV firmly in Blue Sky territory, there’s no telling where this ride will let off, but in and of itself, the performance exhibited by this play in recent weeks has been nothing short of amazing.
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Altimmune, Inc. ALT

Speaking of September 4th, that was also the morning that we tagged ALT for observation, and despit a very slow start to the month, this stock has absolutely exploded this week as well, even more so than NBEV.

ALT has traded in an absolutely mammoth intraweek range from a low of 4.27 to yesterday’s new high of 36.25. That’s an upswing amounting to 749% The fact that we’ve routinely come up with big board plays that blow their lids shows that while we’ve come a long way from the days of our focusing solely on penny stocks, we are still more than capable of identifying movers on the upper exchanges that are just as impressive!


SPDR S&P 500 ETF (SPY) – Recap 

Our fresh options trading idea for the SPY yesterday also bore fruit- after we signaled the SPY Weekly $291.50-292.50 Calls, all three contracts produced significant chances for traders to net a solid intraday profit.

We’ve traditionally been very good at playing the SPY options chain and this time was no different. The total possible intraday gains were:

$91 Calls – Range: .95-2.40 – Max Gain: 153%
$92 Calls – Range: .71-1.92 – Max Gain: 170%
$93 Calls – Range: .46-1.42 – Max Gain: 209%
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Fresh Options Idea:
Micron Technology, Inc. MU Weekly $43-45 Calls*

*Do NOT attempt to trade weekly options on Friday’s unless you are an expert level trader with disposable funds.


Extended Watchlist: 
ADT, IGXT, LCI, AWSM, ACAD, SDRL, ADBE

Blue Horseshoe Stocks: 2800% Gainer & More

Canopy Growth Corp. CGC

CGC has been a hot topic for us since last Wednesday when we alerted readers that we’d be tracking the CGC 09/21 $30-40 Calls.  This is now the fourth time since then that we’ve had to come back and update the total possible gains on our ideas, because the stock has been in bull mode throughout.

CGC shares alone have risen from a low of 29.05 up as high as 42.85, marking a 48% increase in just six trading days. On a nearly thirty dollar stock, it’s an eye popping turn of events.

It’s the gains in our designated options contracts that have been really impressive, adding new highs nearly every day. Here are the enormous ranges and possible gains on our ideas since last Wednesday:

$30 Calls – Range: 1.76-12.70 – Max Gain: 622%
$35 Calls – Range: .56-8.20 – Max Gain: 1364%
$40 Calls – Range: .16-4.70 – Max Gain: 2838%

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Williams-Sonoma, Inc. WSM

Fresh for yesterday morning’s report, we included an idea to correspond with Williams Sonoma’s strong quarterly earnings report, and it’s a good thing we did. Those also provided us and our readers with the chance at multi-bag intraday gains!

Our targets were the WSM 09/21 $67.50 & $70 Calls. The $67.50′s traded in a range from 2.40-6.40 for a gain of 167% while the $70′s made their run from 1.05-4.60, representing a gain of 338%
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FRESH OPTIONS IDEAS:
AMD Weekly $22.50 & 23 Calls
ADSK Weekly $147-150 Calls
SPLK Weekly $114-117 Calls



Seven Stars Cloud Group Inc SSC

After targeting SSC for observation on July 24th and subsequently witnessing a move of 170%+, we suggested that folks be lookout for a dip-and-rip to possibly see even more gains.

It has come to pass exactly as we expected, and the dip-and-rip pattern took the stock to a low of 2.71 before shooting back to 4.35. That’s an upswing amounting to 61%


Extended Watchlist:
CRON, MDXG, ICHR, TLRY, SDRL, BKE, MAXR

Blue Horseshoe Stocks: FIVE Recap & More

Five Below, Inc. FIVE – Options Recap

The fresh options idea we included in yesterday morning’s premarket report, the FIVE Weekly $90-95 Calls, was related to the company’s Q1 earnings report and strong guidance.

Unsurprisingly, those ideas provided us with solid chances for intraday profits as the stock ran from the $95 to the $100 range on the day. Be aware that despite the odd increments, the following are all of the contracts contained within our listed range. The moves they made were as follows:

$90 Calls – Range: 6.50-10.70 – Max Gain: 65%
$91 Calls – Range: 6.00-8.65 – Max Gain: 44%
$95 Calls – Range: 2.85-6.00 – Max Gain: 111%
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Another Fresh Idea:
Jack in the Box JACK 07/20 $80-90 Calls


Axovant Sciences, Inc. AXON

This will be third consecutive day we’ve had to mention AXON, which we initially tagged on Wednesday morning following a large group of Form-4 buy on Tuesday. This insiders were obviously pre-informed about the news of an $840M+ licensing deal for AXON’s Parkinson’s gene therapy that would be released the following day.

Our sleuthing gave us a leg-up and our call was timed with precision. We observed a low of 3.27 on Tuesday and yesterday the stock saw a high of 6.59, which represents an excellent three-day swing of 102%


Extended Watchlist:
PAVM, CRMD, CEPU, CRMD, SDRL, HMNY