Blue Horseshoe Stocks: SBUX Success & More

Starbucks Corp. SBUX - Recap

We formulated some options ideas for Friday morning’s premarket report, and among them were the SBUX Weekly $66-67.50 Calls. Continuing a trend that we carried throughout the week, we once again struck upon multi-bag gains off of an earnings related play. This type of trade has become one of our go-to moves for this very good reason. We urge any skeptics to rifle through our blog and check our record on this. We believe our success rate is unparalleled.

$66 Calls – Range:.65-1.65 – Max Gain: 154%
$66.50 Calls – Range: .40-1.35 – Max Gain: 238%
$67 Calls – Range: .22-.80 – Max Gain: 264%
$67.50 Calls – Range: .10-.49 – Max Gain: 390%
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We also had the WDC Weekly $43.50-45 Calls in Friday’s report, and despite the fact that only the $43.50′s ended up being in play, the potential gains they afforded traders were exceptional. They traded up from a low of .03 all the way up to .26- a move of 767% on the day.


Caterpillar, Inc. CAT

We’ll once again look to a premarket earnings release to provide us with the impetus for a fresh idea this morning. Caterpillar missed on profits and issued unimpressive guidance, as the company reported disappointingly low demand, specifically in the Chinese market.

We are going to take a bearish view on this for the near-term, and put the CAT Weekly $132-128 Puts on watch to kick off the fresh trading week.


Extended Watchlist:
AVCO, TEUM, SUPN, OGEN, RBZ, BLPH, BW, IAG

Blue Horseshoe Stocks: Options Review & More

Options Review

Bed Bath & Beyond, Inc. BBBY – Yesterday morning’s premarket report contained an options idea for Bed Bath & Beyond following the company’s quarterly earnings report, the BBBY Weekly $13 & $13.50 Calls, and those plays both turned in fantastic intraday performances.

Regardless of which strike point was chosen, traders could have secured multi-bag profits on the day. The $13 Calls traded up from a low of .30 to a high of 1.30, for an increase of 333%, while the $13.50′s also crushed it with a huge 431% rip from .16-.85!
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Constellation Brands Inc. STZ -Just as Constellation stock got crushed to new lows in the premarket on Wednesday, we formulated a couple of longer-term options ideas, and wanted to provide updates on the activity there as well.

We were banking on STZ reversing off of those lows and beginning a recovery, and so far, it’s going quite well. Our targets were the  the STZ 02/01 $150-157.50 Calls and the 04/18 $160-170 Calls, and all seven sets of contracts in those ranges have been good for significant gain opportunities. These remain in play, and will remain on our watchlist going forward.

02/01 $150-157.50 Calls
$150 Calls – Range: 8.80-11.50 – Max Gain: 31%
$152.50 Calls – Range: 3.80-6.70 – Max Gain: 76%
$155 Calls – Range: 2.90-8.00 – Max Gain: 176%
$157.50 Calls – Range: 3.00-6.65 – Max Gain: 122%

04/18 $160-170 Calls

$160 Calls – Range: 5.50-10.83 – Max Gain: 97%
$165 Calls – Range: 4.00-8.01 – Max Gain: 101%
$170 Calls – Range: 2.78-6.07 – Max Gain: 118%
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Fresh Ideas:
GM Weekly $36-37.50 Calls
TLRY Weekly $92.50-95 Calls  


China SXT Pharma Inc SXTC

To wrap things up we wanted to go over the call we made on Monday morning in SXTC, which at the time had registered a low of 5.684. After steadily ramping up all week, yesterday the stock reached a new high of 23.35. That worked out to an incredible four-day swing of 311%

Cheers to anyone who caught this mover in Monday morning’s premarket report. It adds to an already impressive start for us here in 2019.


Extended Watchlist:
FTK, AQMS, MGEN, NAVB, SNSS, CFRX, TEUM

Blue Horseshoe Stocks: Options Updates

Zillow Group, Inc. Z – Update

Last Wednesday just prior to the Thanksgiving break, we submitted a range of options ideas on Zillow, which we caught at a relative bottom after noticing some hefty Form-4 submissions. Our targeted options were the Z 01/18 $30-40 Calls, and in the two-and-a-half sessions since we’ve seen excellent multi-bag gain opportunities.

Every single strike price worked out nicely, with the following moves:

$30 Calls – Range: 1.57-4.37 - Max Gain: 178%
$35 Calls – Range: .57-1.72 – Max Gain: 202%
$40 Calls – Range: .10-.50 - Max Gain: 400%


Facebook, Inc. FB – Update

Then on Friday, after the holiday we spotted a bottom play in FB, and jumped on that with another longer term set of options ideas, the FB 01/18 $135-145 Calls. We’ve had some appreciable movement in those as well, and wanted to share those figures.

$135 Calls – Range: 5.94-8.21 - Max Gain: 38%
$140 Calls – Range: 3.88-5.50 – Max Gain: 42%
$145 Calls – Range: 2.24-3.50 - Max Gain: 56%

As is the case with the aforementioned plays, it’s a good start, but with plenty of time remaining until expiration, we’ll definitely continue to track these ideas in the days and weeks ahead.



Extended Watchlist:
PCG, PXS, SLS, ANY, TEUM, EURN, AQUA, RGSE

Blue Horseshoe Stocks: MU Recap & More

Micron Technology, Inc. MU

On Friday morning we spent most of our report updating readers on several great stock calls we’ve made in recent weeks, but we did include one fresh options trading idea, and we’re pleased to report that it was a resounding success, and a greta opportunity to daytraders to nail down some quick profits.

We targeted the MU Weekly $43-45 Calls and the whole range took off for the following impressive single-session gains:

$43 Calls – Range: .97-2.50 – Max Gain: 158%
$43.50 Calls – Range: .68-2.05 – Max Gain: 201%
$44 Calls – Range: .32-1.50 – Max Gain: 369%
$44.50 Calls – Range: .17-1.07 – Max Gain: 529%
$45 Calls – Range: .08-.68 – Max Gain: 750%

Our quick-strike options prowess has been second to none for quite some time now, and MU was another shining example of that! Big cheers to anyone who was able to take advantage.
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Adobe Systems, Inc. ADBE – Fresh Options Idea

For a fresh idea, we’re going to signal a longer-term set of contracts in the ADBE chain. The stock has a fairly predictable trading pattern, and appears to be approaching an up-cycle in the days or weeks ahead.

If we can see ADBE maintain support at or above 258.49, we are going to be very interested in the ADBE 10/26 $260-265 Calls.



Cool Holdings. Inc. AWSM

 
Also in Friday morning’s report was a tag of AWSM. We had just noticed it’s big day in the prior session, and included it in our daily watchlist.

The stock made an absolutely monstrous single-session run for something trading in the $11-range, running from a low of 11.11 to a high of 22.61 for a 104% intraday move. It also closed more than 80% in the green on the day!


Extended Watchlist: 
AMMA, AGRX, BPMX, TEUM, ONTX, ABX, SENS, GLOW, PDLI

Blue Horseshoe Stocks: JACK Update & More

Jack in the Box, Inc. JACK – Update

As a fresh options trading idea on Friday morning, we submitted the Jack 07/20 $80-90 Calls for observation after noticing the company’s solid earnings report and premarket gap-up. Although we passed over the weeklies for the July 20th calls for a bit more of an extended idea, it took no time at all for those contracts to see significant appreciation.

We’re pleased to say that each of the three selected targets produced respectable single-session moves, and will remain on our radar moving forward. Those potential gains were as follows: ,

$80 Calls – Range: 3.70-5.78 – Max Gain: 56%
$85 Calls – Range: 1.42-2.58 – Max Gain: 82%
$90 Calls – Range: .50-.80 – Max Gain: 60%


aTyr Pharma, Inc. LIFE

We noticed that LIFE woke from a slumber late last week, and began to trend off of its annual lows. We’re going to put it on the radar as a potential recovery play. As you can see, the stock was ridiculously oversold heading into last week, following a massive beating from roughly a month ago.

We believe there is a fair chance that the stock could return to the levels from prior to that backslide, which would spell significant gains from the current PPS.


Extended Watchlist:
AQMS, SRE, SNES, CODX, GNW, BIOC, TEUM, PTC