SRMX Archives - Blue Horseshoe Stocks

Options Updates, 5 New Ideas

Various Options Recaps:

We fared reasonably well with regard to options yesterday. In out premarket report, both of the short term plays we signaled interest in produced sizable intraday runs. Those were the DPZ Weekly $387.50-392.50 Calls, and the SPY 07/24 $452-453 Calls. We had another idea with an August expiration that didn’t produce instant results. However, a set of August calls in another chain that we’ve been tracking since our report a few Mondays ago on the 10th, the PLCE 08/18 $25 Calls, have gone on to hit new highs.

The gains for the DPZ and SPY Calls below are obviously from yesterday’s session only, while the figures for the PLCE Calls represent their increase over the past two weeks.

DPZ Weekly $387.50-392.50 Calls
$387.50: 4.51-10.41 (+131%)
$390: 3.29-9.09 (+176%)
$392.50: 3.11-7.11 (+121%)
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SPY 07/24 $452-453 Calls
$452: 1.26-3.00 (+138%)
$453: .71-2.02 (+185%)
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PLCE 08/18 $25 Calls
$25: 1.65-5.15 (+212%)

Fresh Options Ideas:
MMM Weekly $105-107 Calls
SHW Weekly $280 Calls
VZ Weekly $33.50-35 Calls
FFIV 08/18 $155-165 Calls
LOGI 08/18 $65-67.50 Calls

Tupperware Brands Corp. (NYSE:TUP) – Recap:

We had included TUP in yesterday morning’s extended watchlist, and subsequently saw the stock make a pretty good intraday move. It ran from a low of 1.16 up to 1.82, which works out to a 57% upswing.

Extended Watchlist:
ELBM, BRFG, ENZ, YOSH, CTCX, SMX, SRMX, NSAV,

Even More Thousand Percent Gainers, Fresh Ideas

Options Recaps:

Our regular readers are well aware of how seldom we have a rough day with regard to our options ideas, but we suppose we could class the start to the week yesterday as one of those times, with just one of our sets of ideas making notable moves on the day. However, a couple of the longer-term calls we formulated last week did bear considerable fruit, one of which posted percentage gains of over 1100%

So the reviews we will present now are the successful play from yesterday morning in the ON Weekly $52-54 Calls, as well as the PHG 05/20 $30-25 Puts and SHW 05/20 $260-270 Calls from last Monday and Tuesday, respectively. Here are the overall moves and total possible gains from all of those targets:

ON Weekly $52-54 Calls
$52: 2.00-4.04(+102%)
$53: 1.50-3.50 (+133%)
$54: 1.00-2.75 (+175%)
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PHG 05/20 $30-25 Puts
$30: 1.30-4.50 (+246%)
$25: .25-1.25 (+400%)
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SHW 05/20 $260-270 Calls
$260: 3.30-24.40 (+639%)
$270: 1.39-16.86 (+1133%)

Fresh Options Ideas:
BP Weekly $28.50-30 Calls
EL 05/20 $250-230 Puts
DVN Weekly $58-60 Calls
SPY 05/04 $414-416 Calls

Sysorex, Inc. SYSX – Recap:

We just updated our readers on the performance of SYSX in yesterday’s report, but with the excellent new highs set by the stock during the session, it’s necessary for us to recap it once again. Another Idea from last Monday morning, it officially pushed into thousand percent territory, and then some!

Initial Alert: Apr. 25th
Range: .0046-.078
Gained: +1596%

Extended Watchlist:
PRCX, NLAB, SRMX, DVLP, BEGI, PACV, SNOA, SOUN, FTRP, HCDI

Trend of OTC Runners Continues, Options Plays

12 Retech Corp. RETC – Review:

We have been on a fairly hot streak of OTC picks recently, and this morning we’re reporting a continuation of that trend with RETC’s performance. We did include the stock in our watchlist yesterday morning, but initially alerted it this past Thursday morning. One session subsequent to that report, we observed a low of .0015, and the stock hasn’t looked back.

Yesterday, RETC cracked into Pennyland with a run from .0028 to a new high of .0103. That means readers who only caught our tag in yesterday’s report still had the chance to bank profits of up to 268% on the day. As of yesterday’s high our overall observed upswing since last week’s alert comes in at a whopping 587%

Otis Worldwide Corp. OTIS – Options Review:

Also appearing in yesterday morning’s premarket report was a fresh, longer-term options idea in the OTIS chain that immediately bore fruit in the form of some solid intraday chances. We will continue to monitor them in the days and weeks ahead for the possibility of further gains.

We were targeting the OTIS 05/21 $70-75 Calls which yielded traders the following respectable opportunities for daily profits:

OTIS 05/21 $70-75 Calls
$70: 5.00-6.50 (+30%)
$75 : 1.60-2.80 (+75%)
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Fresh Options Ideas:
UPS Weekly $187.50-192.50 Calls
RTX Weekly $81.50-82 Calls
BP Weekly $25 Calls
NXPI Weekly $207.50-210 Calls
HAE 08/20 $70-75 Calls

Extended Watchlist:
CUBV, TGRO, BFRAF, FONU, CYBL, RNVA, GDET, JPEX, SRMX

GVSI Breakout, Options & More

Snap, Inc. SNAP – Options Review:

We formulated some options ideas for the SNAP chain in Friday morning’s premarket report. With the help of a solid market push as well as the company’s 1Q earnings beat, we saw some really nice gain opportunities there toward the end of the session to close out the week in a big way.

We were tracking the SNAP Weekly $59.50-61 Calls which recorded the following intraday MEGA-moves for us on the day:

SNAP Weekly $59.50-61 Calls
$59.50: .12-2.20 (+1733%)
$60: .08-1.81 (+2162%)
$60.50 : .05-1.16 (+2220%)
$61 : .03-.79 (+2533%)
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Post-Earnings Options Ideas:
PFPT 05/21 $170-175 Calls
OTIS 05/21 $70-75 Calls

Good Vibrations Shoes, Inc. GVSI – Update:

We initially flagged GVSI last Tuesday morning, and on that day the stock was trading for as little as .0036. Volume was high throughout the week and the stock began to run. It hasn’t looked back, as it persisted through subpenny territory and well into Pennyland.

GVSI not only passed a penny, but nearly made it to two on Friday, hitting a new high of .019. That worked out to a four-day upswing of 428% over our observed low! We are also seeing premarket trades over two cents this morning, so the momentum seems to be spilling over into this new trading week.
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FBC Holding Inc. FBCD – Speaking of subpenny plays on recent runs. We re-tagged FBCD on Friday, after it initially caught our eye earlier in the month. From a low of .0037, the stock hit .0082, which made for an increase of 122%

Extended Watchlist:
MMEDF, GGII, ABML, PJET, HESG, MMEX, EEGI, SNPW, RETC, SRMX

New Trading Ideas & More

Options Updates, Fresh Ideas:

As usual, in our premarket report yesterday morning, we started off a new trading week with some quick-strike options ideas. We were looking at the SPY, and XPEV chains with the SPY 03/08 $382-383 Calls, and the XPEV Weekly $28-30 Calls as our targets of interest.

All the action took place early on in the session, well prior to the markets dipping into the close. Here were the total possible gains on the table as they made their rapid morning runs:

SPY 03/08 $382-383 Calls
$382: 2.55-5.74 (+125%)
$383: 1.96-4.80 (+145%)
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XPEV Weekly $28-30 Calls
$28: 1.55-3.25 (+109%)
$29: 1.05-2.60 (+148%)
$30: .80-1.99 (+149%)
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Fresh Options Ideas:
VRTX Weekly $215-217.50 Calls
VRTX 03/19 $220-225 Calls
DKS Weekly $71-69.50 Puts

Saddle Ranch Media, Inc. SRMX

From yesterday morning‘s extended watchlist, we saw SRMX put forth a pleasing intraday surge. The stock was trading for as little as .0046 in the very early goings, and raced quickly to a daily high of .0093. That worked out to a run of 102%

Volume has been picking up, and this is a stock that we saw pop to nearly .02 just last month. We’ll certainly want to continue to watch its activity for the possibility of another push.

Extended Watchlist:
ALYI, GTLL, INND, MAXD, ETEK, USMJ, INCT, BEHL