Blue Horseshoe Stocks: JWN Recap & More

Nordstrom Inc JWN

The first thing we want to talk about this morning is the performance of JWN on Friday following its inclusion in our premarket report. We zeroed in on the JWN Weekly $52.50-57.50 Calls for some end of the week daytrading opportunities, and came up with some really nice movers.

Strong multibag moves were there for the taking all across the board, helped out by the company’s Q2 revenues which easily surpassed expectations on the Street with the aid of a boost in sales.

$52.50 Calls
– Range: 3.00-6.60 – Max Gain:  120%
$55 Calls – Range: 1.12-4.20 – Max Gain: 275%
$57.50 Calls – Range: .19-1.69 – Max Gain: 789%

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Canopy Growth Corp. CGC

For another update, we want to track back to our idea from Wednesday morning’s premarket report, the CGC 09/21 $30-40 Calls.

The stock achieved new highs on Friday, and thus our highlighted options calls continued to pile on more gains as well. Here’s the ranges and total possible profits on those contracts so far:

$30 Calls – Range: 1.76-4.50 – Max Gain: 156%
$35 Calls – Range: .56-2.00 – Max Gain: 257%
$40 Calls – Range: .16-.72 – Max Gain: 350%
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Tyson Foods Inc. TSN – Review

A couple of weeks ago on August 6th, we signaled a range of TSN calls as the stock was just coming off of a bottom in the mid-$50 range. Those were the TSN 08/31 $62-63 Calls, and after a solid stretch of upward momentum, the stock reached new highs on Friday at $62.60.

That move has allowed for big gain chances in two out of three of our designated calls. The $63′s haven’t quite begun to see action just yet, but we’ve seen great moves from the $62′s, which ran from .30-.95 (+217%) and the $62.50′s which traded up from .22 to .61 (+177%)
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Fresh Idea:
SPY 08/20 $284.50-286 Calls 



Seven Stars Cloud Group Inc SSC

We slated SSC for observation on July 24th and the stock traded as low as 1.95 following that mention. This morning we are seeing an abnormal gap up, with the stock trading as high as 5.30 in the premarket.

So, in addition to the 172% move we have witnessed thus far, we will be on the lookout for a dip-and-rip to possibly see even more gains out of this play.


Extended Watchlist:
BV, ABIL, PPDF, LKM, CBPO, TIS, RSLS, SSKN, CMCM

Blue Horseshoe Stocks: Options, Updates & More

Twitter, Inc. TWTR – Options Recap

Our formulated ideas for the TWTR options chain from yesterday morning’s premarket report turned out to offer up some fantastic chances to profit. We spotted just the right conditions before market hours and pounced, designating the TWTR Weekly $15-16 Calls to be our targets.

It certainly wasn’t the first time we’ve used Twitter in this manner, and it probably won’t be the last. Regardless of which set of contracts was chosen, multi-bag, single-session gains were there for the taking:

$15 Calls – Range: .30-1.49 – Max Gain: 397%
$15.50 Calls – Range: .40-1.00 – Max Gain: 150%
$16 Calls – Range: .21-.61 – Max Gain: 190%
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FRESH Options Idea: UPS 05/05 $108-111 Calls


Akebia Therapeutics, Inc. AKBA

An honorable mention from yesterday’s report was AKBA, which we tagged for observation after noticing some abnormal premarket activity on our routine morning scan.

The stock traded in a respectable range from a low of 11.08 to as high as 13.94. That works out to an intraday move of 26% which came on massive volume of an astonishing 110X the 30-day average! It also managed to close holding roughly half of its daily increase at 12.50, so we’re definitely going to be on the lookout for continued activity in AKBA, which could include a dip-and-rip pattern at some point.


American Leisure Holdings, Inc. AMLH

We tracked AMLH over some monstrous gains from the end of March, to earlier this month. The move took it from super-subpenny lows of .0003 to a high of .007 (+2233%), so we weren’t at all surprised to see a consolidation period follow over the next several sessions.

The stock did however find support and make a reversal off of the .0029 level beginning last week, and heading back up to its previous high of .007 yesterday, marking a 141% swing. We’ll look for the stock to break through that resistance at .007, which would effectively put AMLH into Blue Sky Breakout mode, and trading at its highest prices since the Fall of 2015.


Extended Watchlist:
ALIM, BLDV, MDGS, SSKN, SINO, PURA(News)