TNGX Archives - Blue Horseshoe Stocks

Friday’s Activity:

Things played out really well on Friday in terms of the options ideas we included with our premarket report for the session. We had a set of four possible trading targets, and they all registered significant gain opportunities on the day. It wrapped up what was ultimately a really solid trading week for us.

Our targets on Friday were the PL Weekly $42-41.50 Puts, the LULU Weekly $112-111 Puts, the GWRE Weekly $135 Puts, and the COO Weekly $65 Calls. These were the best intraday upswings each of them managed for the day:

PL Weekly $42-41.50 Puts
$42: 3.28-10.30 (+214%)
$41.50: 3.19-9.40 (+195%)
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LULU Weekly $112-111 Puts
$112: .10-.71 (+610%)
$111: .07-.40 (+471%)
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GWRE Weekly $135 Puts
$135: 3.50-6.80 (+94%)
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COO Weekly $65 Calls
$65: 2.40-3.84 (+60%)

Fresh Options Ideas:
SPY 06/08 $742-743 Calls*
MU Weekly $920-925 Calls
PENG Weekly $60 Calls
CPB Weekly $22 Calls

PLEASE NOTE: We will not be releasing a newsletter tomorrow, June 9th, but we’ll be back bright and early on Wednesday to go over the performances of the ideas in today’s report.

Extended Watchlist:
SUNE, NCRA, GMHS, SMTK, GLMD, TNGX, NEXR, TDIC, ABAT, MI, PRHI

Yesterday’s Options Movers:

We made some good picks for yesterday morning’s premarket report, coming up with four options trading ideas based off of the day’s earnings calendar. It was a mixed bag of calls and puts, and we fared pretty well with the whole lot of them. We’re still in the position of being right in the thick of an active quarterly earnings season, and attempting to take full advantage.

Yesterday’s four plays that turned out to be solid intraday runners were the DDOG Weekly $88-85 Puts, the UPS Weekly $172.50-175 Calls, the LLY Weekly $490-500 Calls, and the IFF 08/18 $65-60 Puts. The gains we observed, which ranged from reasonably strong to very good, on those ideas were as follows:

DDOG Weekly $88-85 Puts
$88: 2.32-4.00 (+72%)
$87: 1.73-3.35 (+94%)
$86: 1.45-2.86 (+97%)
$85: 1.08-2.30 (+113%)
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UPS Weekly $172.50-175 Calls
$172.50: 5.40-9.15 (+69%)
$175: 3.10-6.41 (+107%)
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LLY Weekly $490-500 Calls
$490: 18.55-47.80 (+158%)
$495: 13.65-44.45 (+226%)
$500: 12.65-39.35 (+211%)
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IFF 08/18 $65-60 Puts
$65: 1.45-2.25 (+55%)
$60: .34-.60 (+76%)

Fresh Options Ideas:
CRL 08/18 $210 Calls
RBLX Weekly $35-34 Puts
SMCI Weekly $297.50-292.50 Puts

Extended Watchlist:
EBET, VTGN, ATNF, TNGX, AKAN, DBTX, GRRR, HOTH

Tag: TNGX

Friday’s Runners, 4 Potential Monday Plays

Top Marks Tuesday, Fresh Earnings Plays