Tag: TPIV

Blue Horseshoe Stocks: Form-4 Plays & More

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: WGO Earnings Beat & More

Quick Updates

We won’t go into too much detail on these two plays, as we just did writeups on them in yesterday’s report, but each of the following stocks did continue their impressive runs yesterday so we wanted to update readers on the new highs and updates on the total possible gains since our initial alerts.

Gevo, Inc. GEVO – On Monday, we caught GEVO at a low of 4.42 and saw it explode from more than 300% in gain in a single session. Yesterday the trend continued as the stock traded in a daily range from 16.17-24.74. That represented an intraday move of 53% and the new high put our total observed two-day swing at an incredible 460%

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Canada Goose Holdings Inc. GOOS – After successfully calling a slew of winning options ideas in GOOS last week, yesterday we mentioned that the move in the stock itself was notable. Our observed low on GOOS from Friday was 53.18 and yesterday the stock reached a new high of 67.74. That’s a three day swing of 27%, which for a $50+ stock, is nothing short of incredible.

Winnebago Industries, Inc. WGO – Fresh Options Idea

We’re always on the lookout for fresh earnings beats to form options ideas from, and despite not currently being in the heart of an earnings season, we did take notice of Winnebago’s impressive beat. We’ll radar the WGO Weekly $43-46 Calls to coincide with the present activity.

Extended Watchlist:
CLPS, HUYA, BILI, TPIV, BTE, SNES, OPTN, FOXA

Blue Horseshoe Stocks: The Week in Review & More

SPDR S&P 500 ETF (SPY) – Options Recap

Our idea in weekly SPY calls has repeatedly produced this week, continuing the trend from Wednesday with a really nice session yesterday. Each of the three contracts in the our highlighted range of SPY Weekly $204-206 Calls pushed the upper limits and soared to new highs as markets rallied for the third straight day.

On the table below, we’ve included both yesterday’s daily gains, as well as the total increase off of our observed lows from Wednesday (1.45, .87 and .47 respectively):

$204 Calls – Range: 2.59-5.46 – Intraday Gain: 111% – Overall Move: 277%
$205 Calls – Range: 1.68-4.51 – Intraday Gain: 168% – Overall Move: 418%
$206 Calls – Range: .83-3.58 – Intraday Gain: 331% – Overall Move: 662%

Mobileye N.V. (MBLY) – Update

We also had a fresh idea in yesterday’s report, namely the MBLY Weekly $44.50-46.50 Calls. While we didn’t see a full sweep of our observed range in terms of big potential profits, three out of the five sets of contracts recorded sizable intra-session pops, including a monstrous octuple-bagger in the 46’s!

$45 Calls – Range: 1.80-2.50 – Max Gain: 144%
$46 Calls – Range: .31-3.00 – Max Gain: 868%
$46.50 Calls – Range: .70-1.50 – Max Gain: 44%

Netflix, Inc. NFLX – Fresh Options Idea

We’ll go ahead and close out what has been a fruitful trading week for options with one final idea. We’re going to zero in on NFLX Weekly $93.50-95.50 Calls.  We’ll need to see NFLX hold above its premarket low of 93.49 on any pullbacks for our interest in these contracts to remain in force, and if this week’s market-wide recovery trend perpetuates, it shouldn’t have much trouble doing so.

*As usual, we’ll warn our less-seasoned readers that messing with weekly options contracts on a Friday is an inherently risky proposition for expert traders only!

Five Star Quality Care, Inc. FVE

We also want to provide a quick update on a stock we tagged for observation in yesterday’s watchlist. While the intraday gains amounted to a modest 14%, we’re going to be keeping an eye peeled for further activity as we head into the long holiday weekend.

If the stock can maintain support above the current 50DMA of 2.13 on any forthcoming consolidations, it will continue to hold our interest.

Bottom Watchlist:

The following will be on our radars as possible bottom-plays: Sipp Industries, Inc. SIPC  &  Guided Therapeutics, Inc. GTHP

Extended Watchlist:
TPIV, SFEG, AAU, WING, GFI