Hot Options Plays, New Ideas

Earnings Plays Yield Gains: 

We fared quite well with our options trading selections in yesterday morning’s premarket report, with three out of our four daily targets coming up with some really nice intraday runs for us.

The winning picks for the day were the V Weekly $207.50-212.50 Calls, the MSFT Weekly $277.50-285 Calls, and the GSK Weekly $44-46 Calls. This earnings season has been packed with opportunities left and right, and we have been doing our best to take full advantage. Today should be no different, with a mass of huge-name earnings dropping this morning, we’ll definitely be including another solid slate of options ideas in this report. .

V Weekly $207.50-212.50 Calls
$207.50: 
9.14-14.60 (+59%)
$210: 7.45-12.10 (+62%)
$212.50: 5.62-10.05 (+79%)
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MSFT Weekly $277.50-285 Calls
$277.50: 5.60-14.00 (+150%)
$280: 4.10-11.92 (+191%)
$282.50: 2.94-9.75 (+232%)
$285: 2.00-7.89 (+294%)
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GSK Weekly $44-46 Calls

$44: 1.24-1.61 (+30%)
$45: .50-95 (+90%)
$46: .15-.35 (+133%)


Fresh Options Ideas:
QCOM Weekly $143-146 Calls
PYPL Weekly $83-85 Calls
LLY Weekly $285-295 Calls
FB Weekly $190-200 Calls 


Extended Watchlist:
IDAI, STAB, CSCW, TMBR, XELA, XPON, OZSC, FLES, SING, KGKG, BMIX 

Blue Horseshoe Stocks: PBR Options Recap & More

Petroleo Brasileiro SA (Petrobras) PBR – Recap

Yesterday morning, one of the primary focal points our premarket report was a pair of PBR options contracts, the PBR Weekly $14 & 14.50 Calls.

We cited the stock’s volatility and rapid rise over recent relative lows as the reasons for our interest, and despite yet another reversal for the markets in general, we got very solid single-session results for our PBR ideas. The $14’s traded up 95% from .21-.41, while the $14.50’s logged a double-bagger as they ran from  .05-.11, a gain of 120%

PBR is gapping up once again this morning, so we expect these figures to open up even higher. We will then be looking for a possible dip-and-rip scenario.


BioXcel Therapeutics, Inc. BTAI

We mentioned BTAI for the first time in yesterday morning’s extended watchlist, and got a solid first day performance from that stock as well, as it went in the books as the 2nd highest gainer on the Nasdaq for the session.

From a low of 4.00, BTAI went on to hit a high of 5.84, which worked out to a respectable 46% rise that also bucked the overall trend of the day. The move was facilitated by news that the company achieved positive human proof-of-concept data for acute treatment of agitation in patients with Alzheimer’s Disease, and other degenerative neural disorders. (>>View PR)


Extended Watchlist:
W, APU, ARGX, MYSZ, SN, XPO, EPZM, AMID, PROP, SING

Blue Horseshoe Stocks: Cannabis Reminder

Cannabis Reminder

With the cannabis counterculture holiday of 04/20 capping off this week on Friday, you can bet that our tracking of the cannabis sector is going to ramp up right along with many of these stocks.

It was back on the 4th of this month that we published an extensive list of marijuana industry stocks to track in anticipation of this event. For those outside the loop, “Four-Twenty” is a massive celebration each year on April 20th, to commemorate the cultural tradition of partaking in cannabis at 4:20pm on any given day. Cannabis companies use this as the perfect marketing ploy, and as a result, many do their highest sales of the year on the heels of this holiday.

A few of the plays we highlighted earlier this month have already begun to see appreciable moves on the chart. Take OWC Pharma (OWCP) for example. Since the 4th, the stock has increased from .20 to .30, a 50% rise in under two weeks.

We would expect to see similar, and even better gains coming from many cannabis stocks all across the board. That’s why we wanted to open up this week with a reminder to keep a close eye on anything even remotely tied to the space.

Just refresh, some of those stocks include, but are not limited to:

AGTK, HEMP, SGMD, SING, GRNE, GOHE, MCOA, MCIG, POTN, PNTV, RMHB, CANN, CBIS, ATTBF, GLDFF, GLNNF, NXTTF, MRRCF, SPRWF & CRON


Extended Watchlist:
SSC, NETE, ITCI, ERI, MBII, NAV, ONVO, LOXO, CLS