Blue Horseshoe Stocks: TSLA Rebound & More

Tesla, Inc. TSLA

We’re looikng at TSLA from a purely technical perspective, not paying much mind to the company’s reduction in standard available vehicle colors to simplify production, especially since the removed colors are still available at a small added cost.

The stock has recently shown signs of a bottom-bounce, and we’re going to want to be ready with some options trading possibilities if it can mount a reasonable rebound. We’re going to put the TSLA 10/06 $285-290 Calls on watch in the days and weeks ahead.


Tilray Inc. TLRY

We also wanted to backtrack a tad to our summer coverage of TLRY. We tagged this stock in our watchlist several times between July 20th and the present. Our observed low was at 21.50, and in an incredible multi-week run, the stock subsequently reached a high of 97.36! That’s an eye popping 353% which, for that to occur in a $20+ stock in roughly six weeks time is practically unheard-of!

To provide another related idea going forward, we’re going to begin tracking the TLRY 09/21 $91-93 Calls in forthcoming sessions.


Extended Watchlist:
RUN, SSC, RRTS, IVTY, AGRX, CDMO, NLST

Blue Horseshoe Stocks: Fresh Options Three-Pack!

Galectin Therapeutics, Inc. GALT

About a week ago, we signaled GALT for observation, a stock we’ve had quite a bit of experience tracking in the past. It had been in a bearish downslide for the better part of two months, and had just begun to rebound.

We wanted to come back around for an update on the move GALT has made since that time. After seeing a low of 4.06, the stock has traversed its way back to a high of 6.53. That marks a respectable upswing of 61% and puts us on alert for the possibility of more moves.


SPDRA S&P 500 ETF (SPY) – Options Idea

Our fresh options idea for yesterday morning was the SPY Weekly $290-291.50 Calls to watch into the end of the week. With a solid midday performance for the SPY, some significant intraday gains were made in our designated targets.

$290 Calls – Range: .98-1.54 – Max Gain: 57%
$290.50 Calls – Range: .67-1.13 – Max Gain: 69%
$291  Calls – Range: .43-.79 – Max Gain: 84%
$291.50 Calls – Range: .25-.50 – Max Gain: 100%

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 Fresh Ideas:
LULU Weekly $149-152.50 Calls
BIG 09/21 $42.50-45 Calls
DLTR 09/21 $82.50-85 Calls


Extended Watchlist:
SAEX, OHGI, CMCM, BIOAF, MTSL, SSC

Blue Horseshoe Stocks: More Thousand Percent Gainers!

Options Review

We included a trio of options ideas in Friday morning’s premarket report, even as we reported hitting a 28-bagger on CGC. Some may have thought that thousand percent gainers were a rarity, but not in this market! They all rose considerably, but TWO out the three ideas yielded chances at single session profits of more than a thousand percent!

Here are those ideas, and the total possible gains they recorded on the day:

AMD Weekly $22.50 & 23 Calls
$22.50: .31-1.48  (+377%) | $23: .07-.97 (+1285%)

ADSK Weekly $147-150 Calls
$147: 6.27-10.58 (+70%) | $148: 3.50-9.59 (+174%) | $149: 3.58-8.40 (+135%) | $150: 2.85-7.62 (+176%)

SPLK Weekly $114-117 Calls
$114: 1.10-12.09 (+999%) | $115: 1.00-11.10 (+1010%) | $116: .95-9.84 (+936%) | $117: 1.10-9.29 (+745%)


Seven Stars Cloud Group Inc SSC

On Friday we noted that our intial alert on SSC on the morning of July 24th led to a a move of 170%+. We then suggested a dip-and-rip could lead to even more gains, and as of the end of the day Thursday we had seen that move, from 2.71 to 4.35.

Friday the rebound continued, with SSC reaching a new high of 5.75. That extended the breadth of this move to 112%, proving that while we mainly focus on options nowadays, our interest in stocks alone still remains.


Extended Watchlist:
NEPT, DPW, RIGL, LLNW, AMRN, BPMX, CNAT, TLRY