SPCE Archives - Page 6 of 7 - Blue Horseshoe Stocks

TGT Update, Fresh Options Idea

Target Corp. TGT

Just as we mentioned yesterday morning to start off the week, it was on Thursday morning that we signaled our interest in tracking some TGT Puts. They hadn’t quite heated up yet by the end of last week, but we urged readers yesterday to pay close attention, as the gains seemed imminent.

We were correct in that assumption, as the markets once again set a new record for worst daily losses in history. That helped propel the massive range of contracts we signaled, the TGT 04/03 $98-90 Puts, to double-bag gain status and beyond, exactly as we predicted.

Here are the trading ranges on those contracts since we’ve had them on our radar:

TGT 04/03 $98-90 Puts
$98: 3.37-6.92 (+105%)
$97: 2.90-6.60 (+128%)
$96: 2.73-6.00 (+120%)
$95: 2.21-5.95 (+169%)
$94: 2.54-5.50 (+117%)
$93: 1.99-5.05 (+154%)
$92: 2.44-4.50 (+84%)
$91: 2.00-4.25 (+113%)
$90: 1.47-3.80 (+156%)

Transdigm Group, Inc TDG

We would like to put together a set of call contracts to watch in the TDG chain. It’s no surprise that the stock is at a bottom at present, but what is remarkable is the amount of insider buying that has taken place in the last week, to the tune of roughly $180M.

That typically signals an insider’s confidence that the stock will not fall much further. We are going to put the TDG 05/15 $350-370 Calls on watch to track in the weeks ahead.

Extended Watchlist:
CODX, AYTU, IBIO, MBRX, APT, SPCE, TOMDF

Another 1000% Gainer!

Virgin Galactic Holdings, Inc. SPCE

It has been a full month since we formulated a longer-term play for the SPCE chain, in our premarket report on the morning of January 22nd, at which time the stock itself was trading for as little as 15.61. Despite pulling back into the close, SPCE did first soar to an incredible new high of 42.49 yesterday.

That worked out to a month-long stock move totaling 172% and it allowed our options ideas, the SPCE 02/21 $10-15 Calls, to tack on a whole lot more gains than the already impressive ones our ideas had produced up until then.

With the stock sitting where it is now, and these contracts expiring tpoday, these are most likely the final updates for this set of ideas, which couldn’t have turned out much better for us:

SPCE 02/21 $10-15 Calls
$10: 6.24-29.50 (+373%)
$11: 5.30-29.10 (+449%)
$12: 4.30-29.90 (+595%)
$13: 3.50-26.90 (+669%)
$14: 2.80-25.20 (+800%)
$15: 2.15-26.90 (+1151%)

SPO Global Inc. SPOM

We also have been tracking some OTC plays recently, and SPOM is among those, initially from our report on Tuesday morning.

In the three ensuing sessions, the stock has made a respectable move for us from its low on Tuesday of .155. After another moderate push yesterday, SPOM attained a new high of .44, representing an increase of 184% over our observed low.

Fresh Options Ideas:
Deere & Co. DE Weekly $174-177 Calls*
Magna International Inc. Weekly MGA $52.50-55 Calls*

*Please don’t attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.

Extended Watchlist:
DPW, FZRO, BLNK, ZOM, ZVTK

Multiple Key Updates

Penny Stock Roundup

We included an extended watchlist in yesterday morning’s report consisting of a trio of penny stock plays, and we saw sizable moves from all three. In the case of FNHI, we initially put it on watch a week ago today, and SPOM and FZRO were newcomers.

SPOM
Range: .155-.389
Gain: 151%
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FZRO
Range: .0298-.0579
Gain: 94%
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FNHI (Called: 02/12)
Range: .069-.44
Gain: 538%

Please Note: We have not been compensated in any way to present the preceding penny stocks. We simply like to provide as big a variety of ideas as possible for our readers. If we ever receive anything in return for our coverage on anything mentioned on our websites or in our newsletters, it would appear on our disclaimer, and/or in each of the individual emails we send out on such a stock.

Virgin Galactic Holdings, Inc. SPCE – Just yesterday morning, we were mentioning our premarket report on the morning of January 22nd on SPCE, in which we put the SPCE 02/21 $10-15 Calls on watch, and once again the daily move for the stock allowed for some really nice boosts to the gains we had already seen in these contracts.

Here are the updated figures, along with our congratulations for anyone who managed to reap the benefits of these multi-bag moves:

SPCE 02/21 $10-15 Calls
$10: 6.24-23.50 (+277%)
$11: 5.30-22.70 (+328%)
$12: 4.30-25.00 (+481%)
$13: 3.50-24.00 (+586%)
$14: 2.80-22.43 (+701%)
$15: 2.15-21.00 (+877%)

Options Updates – We also got some decent gains out of our bearish options ideas from yesterday morning as the markets suffered another tumultuous session:

AAPL Weekly $320-317.50 Puts
$320: 6.94-9.45 (+36%)
$317.50: 6.50-8.00 (+23%)
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MDT Weekly $116-114 Puts
$116: 3.20-3.80 (+19%)
$115: 1.79-3.40 (+90%)
$114: 1.05-2.67 (+154%)
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Fresh Ideas:
DISH Weekly $42 Calls
BYND $122-125 Calls

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Extended Watchlist: ABML, ALPP, HOSS, HENC, VIVE, PLUG, BLPH

Monstrous Gainers & More

Options Review

We had offered up three fresh options trading ideas for Friday’s session, in the EXPE, CGC, and NVDA chains. Despite a relatively choppy day for the markets as a whole, we were able to see some really nice gain opportunities in each and every one.

These were weekly contracts, so they expired at the close, but we still wanted to swing back around to report all of the gains that were on the table for ourselves and our readers. The enormous potential gains were as follows:

NVDA Weekly $285-290 Calls
$285: 2.75-10.00 (+264%)
$287.50: 1.48-7.59 (+413%)
$290: .74-5.37 (+626%)

EXPE Weekly $122-124 Calls
$122: .62-2.40 (+287%)
$123: .40-1.25 (+213%)
$124: .21-.74 (+252%)

CGC Weekly $22.50-23.50 Calls
$22.50: .09-.52 (+478%)
$23: .04-.24 (+500%)
$23.50: .02-.11 (+350%)
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Fresh Ideas:
AAPL Weekly $320-317.50 Puts
MDT Weekly $116-114 Puts
WMT Weekly $117-119 Calls

Virgin Galactic Holdings, Inc. SPCE – Recap

We’ve also been tracking SPCE since our premarket report on the morning of January 22nd, which has made a fantastic move on the chart in terms of the stock itself. We’ve seen it run from a low of 15.61, and this morning in early trading we’re witnessing a new high of 32.98. That’s a stock-only move of 111% which is nothing to shake a stick at, and here are the big-time gains afforded by our options calls.

SPCE 02/21 $10-15 Calls
$10: 6.24-18.00 (+188%)
$11: 5.30-16.30 (+208%)
$12: 4.30-14.80 (+244%)
$13: 3.50-15.40 (+340%)
$14: 2.80-14.04 (+401%)
$15: 2.15-13.10 (+509%)

Genprex, Inc. GNPX

As we were just mentioning on Friday morning, GNPX has come a long way since we put the stock on watch on January 6th, and we also pointed out its bullish close on Thursday as reason to suspect further gains were forthcoming.

The stock posted yet another huge move on the day, and carried our observed high much higher. GNPX was the #1 gainer on the NASDAQ for the session and hit 5.75. From our observed low of .29 on the stock from early last month, it has now risen by 1883%

Extended Watchlist:
SPOM, FZRO, FNHI

QSR Explodes & More

Restaurant Brands International, Inc. QSR

Our top billed options idea from yesterday morning’s premarket report involved the QSR chain, on the heels of the company’s big earnings release, which included the sales from the amazingly popular Popeye’s chicken sandwich that swept the nation at the end of 2019. The craze that was kicked up because of those sandwiches facilitated same-store sales growth of 34% for the company!

We jumped on the QSR 02/21 $65-67.50 Calls and both of those contracts enjoyed substantial intraday gains as a result of QSR’s earnings. The potential for multibag profits for anyone who caught our alert was considerable, including a 26-bagger on the $65 Calls!

QSR 02/21 $65-67.50 Calls
$65: .05-1.35 (+2600%)
$69: .05-.35 (+600%)
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Loews Corp. L – We also put the L 02/21 $55 Calls on watch yesterday, and while the numbers paled by comparison to QSR, we still achieved a solid double-bag move off of Loews. Those calls ran from .60-1.20 for an even 100% rip.

Fresh Options Ideas:
RNG Weekly $220-225 Calls
HAS Weekly $107-110 Calls
ROKU Weekly $134-136 Calls

Extended Watchlist:
SPCE, CHK, HUSA, MGY