Tag Archives: TLRY

Blue Horseshoe Stocks: HSY Options & More

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The Hershey Co. HSY

We’re looking at one of the biggest players in the Halloween candy game in Hershey as we kick off a fresh trading week. The company reported its Q3 earnings on Thursday, and despite a frosty reception from Wall Street, we are liking the look of this play.

The company asserts that it is on a good path, having had what the CEO calls a game changing year. While the stock did see its biggest daily loss since 2016 on Thursday following the report, it did not turn into a multi-day slide. Coupled with what looks to be another rebound day for the markets at large, and we’re interested in signaling a few HSY Calls.

We’ll place the HSY Weekly $102-104 Calls on watch this morning.

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Bonus Idea:
Nutanix, Inc. NTNX 01/18 $42.50 & $45 Calls

SPDR S&P 500 ETF (SPY)

On Tuesday, we noted that with such a sharp and rapid downturn in the markets, that a rebound was certain to be in the cards for the SPY. It led us to signal interest in the SPY 10/31 $275-277 Calls, which will certainly be in play today as the SPY is gapping up big this morning in the premarket.

We’ll be back tomorrow morning with a recap of what is likely to be a cleanup session for these plays today.

Extended Watchlist: 
DPW, ESES, XSPA, AKER, SBS, TLRY, AMRN, NXTD, STNE

Blue Horseshoe Stocks: New Highs Everywhere!

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New Highs Everywhere!

We were just updating readers on the progress of TLRY, DCTH, and NBEV in yesterday morning’s report. We were already impressed with their performances prior to yesterday, and yet each one managed to pile on the potential gains. All three rose sharply to new highs, so we’re coming right back to recap those excellent moves today. .

Tilray, Inc. TLRY – This is the hottest new IPO, and we’ve been tracking it since last Tuesday, at which time the stock was trading at 87.50. Yesterday it hit $300 even, an incredible seven-day swing of 243%

We were also tracking the TLRY 09/21 $91-93 Calls, which made great moves but have since been pushed so far into the money that they’ve been passed over, with the exception of the $93′s, which were still trading volume yesterday, and reached a high of 139.24, From our observed low of 5.23, that marks a fantastic gain of 2562%
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Delcath Systems, Inc. DCTH – This play was placed on our watchlist three weeks ago on August 28th while trading as low as 1.76. Yesterday, it made its biggest single session move yet, rocketing to 10.30, for a huge rise of 485%
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New Age Beverage Holdings, Inc. NBEV - Lastly, NBEV also logged its biggest single-day performance of all-time yesterday, as the stock ran to a new high of 4.94. We’ve been mentioning it frequently since the 4th of this month, as it was trading for as little as 1.50. We’ve thus far witnessed a 229% run in NBEV, who will be rolling out a CBD beverage line at an upcoming conference early next month. 
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Greater Cannabis Co Inc. GCAN
Off of our cannabis watchlist yesterday came GCAN, which ran hard from .1453-.735, for an eye-popping single session gain of 406%
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Fresh Options Idea:
Darden Restaurants Inc. DRI  Weekly $120 & $125 Calls
SPDR S&P 500 ETF (SPY) Weekly $291.50-292.50

Extended Watchlist:
NIHD, FNJN, LCI, TNDM, NEPT, GALT

Blue Horseshoe Stocks: TLRY, DCTH Updates & More

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Tilray, Inc. TLRY – Update

We’ve been tracking TLRY since last Tuesday, and in that time not only has the stock made an incredible move, (87.50 to nearly $260 in premarket trading today: +165% ) but the options we signaled at the time, the TLRY 09/21 $91-93 Calls, have also made huge gains.

Here are the updated ranges on the options contracts, but please note that all of these will almost certainly be trading over $100 after TLRY’s eye popping premarket increases this morning:

$91 Calls – Range: 6.43-58.23 – Max Gain: 805%
$92 Calls – Range: 5.51-57.50 – Max Gain: 944%
$93 Calls – Range: 5.23-60.00 – Max Gain: 1047%

Because TLRY is a cannabis stock and is drawing a ton of attention to the space right now, and because we are heading into the hottest time of the year for cannabis stocks we are, as always, keeping a close eye on the pot sector.

Cronos Group, Inc. CRON is one other play from that space which has also showed some interesting trading activity. We began watching it a couple weeks ago, and despite some pullback, the stock regained all that ground and is currently testing resistance at 13.39. A break of that price should make things much more interesting for CRON.

Several other cannabis related plays to keep an eye on, but by no means an exhaustive list:

NXTTF, MYMMF, APHQF, RVVTF, TBPMF, SPRWF, INSY, AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP, GCAN


Delcath Systems, Inc. DCTH

We also want to swing back around for an update on another hot stock we recently signaled interest in, with DTCH. We slotted this play into our watchlist roughly three weeks ago on August 28th as the stock was trading as low as 1.76. It has since reached a new high of 5.60, which works out to an increase of 218%
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More Quick Updates: Both of the stocks we mentioned in yesterday’s report also set new highs. Here are those highs, along with the total possible gains that they’ve provided since our next most recent alerts on these plays:

New Age Beverage Holdings, Inc. NBEV
1.50-3.40 (+127%)

Aurora Cannabis, Inc. ACBFF
4.04-8.92 (+121%)

Blue Horseshoe Stocks: Form-4 Plays & More

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SPDRA S&P 500 ETF (SPY) – Recap

Our first order of business this morning is to share the performance of the options we alerted on in Friday morning’s report. Those targets were the SPY Weekly $290-291.50 Calls, and they produced some very nice single session gain opportunities for ourselves and our readers.

We have typically been very good playing the SPY in the past, and this time was no different, The gains that were on the table were as follows:

$290 Calls – Range: .34-1.04 – Max Gain: 206%
$290.50 Calls – Range: .12-.58 – Max Gain: 383%
$291 Calls – Range: .20-.46 – Max Gain: 130%
$291.50 Calls – Range: .08-.19 – Max Gain: 138%


Francesca Holdings Corp. FRAN
& Amicus Therapeutics, Inc. FOLD

This morning we noticed that FRAN is exhibiting a number of traits that we normally keep a lookout for. The stock is coming off of a bottom with a large gap on the chart, and on Friday, the CEO filed a Form-4 for the purchase of 10,000 shares near the stock’s lows.

This is often a sign of high internal confidence in the stock’s ability to rebound, so we’re going to place FRAN on recovery watch in the days and weeks ahead.
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FOLD is another play which also currently boasts a bottom setup, with a significant amount of insider buying taking place on Thursday at its lows. We’ll definitely want to keep this one on watch as well.

Extended Watchlist:
ACBFF, TLRY, CGC, TPIV, SNES, NSPR

Blue Horseshoe Stocks: Big Gains Keep Coming!

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Tilray, Inc. TLRY

We’re still tracking our idea from Tuesday morning‘s premarket report, the TLRY 09/21 $91-93 Calls. While we generally have stayed clear of most IPO’s in their very early stages in the past, Tilray was just too attractive not to dabble in, and the results have been fantastic thus far.

We’ve been looking at multi-bag gains for all three of the contracts in our observed range, and the stock itself has risen by a considerable margin this week. On Tuesday when we first alerted on it, it traded for as little 87.50, and yesterday reached a high of 127.27, a very impressive three-day swing of 45%

Here are the updated ranges on the options contracts we signaled for observation:

$91 Calls – Range: 6.43-27.50 – Max Gain: 328%
$92 Calls – Range: 5.51-27.80 – Max Gain: 405%
$93 Calls – Range: 5.23-23.70 – Max Gain: 353%
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Nio, Inc. NIO – Speaking of IPO’s, NIO, which debuted yesterday, made a lot of noise in just a single day on the market. We like the space it operates in- the company produces electric cars, and alternative energy will continue to become a more and more attractive sector as the fossil fuel age continues its slow but inevitable wind-down.

No options yet exist for NIO, so we’re just going to place it on watch as a solid looking, low-priced IPO, and may perhaps return sometime for options down the line, once its chain has been properly established.
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The Kroger Co. KR – Update

Another set of options ideas that we presented in yesterday’s report was the KR Weekly $31-29 Puts. Going bearish on options isn’t typical for us but when an opportunity presents itself, we’ll take it, and this was a good one.

All five of our designated contracts produced notable intraday gain opportunities:

$31 Puts – Range: 2.02-2.53 – Max Gain: 25%
$30.50 Puts – Range: 1.39-2.05 – Max Gain: 47%
$30 Puts – Range: 1.04-1.57 – Max Gain: 51%
$29.50 Puts – Range: .71-1.06 – Max Gain: 49%
$29 Puts – Range: .30-.64 – Max Gain: 113%
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Fresh Idea:
SPY Weekly $290-291.50 Calls

Extended Watchlist:
BVX, MNGA, RHE, EARS. AGRX,