TROV | Blue Horseshoe Stocks

Options Movers & More

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AnaptysBio Inc. ANAB – Update

We want to backtrack to the options idea we offered up to our readers on Monday morning. We focused on longer-term targets, but the results have already begun to show after what has been a solid week of gains for the stock itself. .

Our contracts of interest are the ANAB 01/17 $10-15 Calls. So far, we’ve seen significant upward movement in the $10’s and $12.50’s, and if current trends continue, we expect the $15’s to join the party soon enough.

Here are the total possible gains from our ideas so far:

$10 Calls – Range: 1.50-2.20 – Max Gain: 47%
$12.50 Calls – Range: .60-.90 – Max Gain: 50%

The stock is still incredibly oversold and undervalued, so we’d be very surprised if we didn’t see more of its massive topside gap filled in the days and weeks ahead. Stay tuned for further updates on this one.

McDonalds Corp. MCD – Update

MdDonalds is another chain in which we recently put some longer-term contracts on watch. On Thursday of last week, we highlighted the MCD 01/17 $195-220 Calls
and those have started to gain some ground as well, despite a choppy week for stocks in general.

Here are the moves we’ve observed in these plays over the past trading week:

$195 Calls – Range: 3.65-4.80 – Max Gain: 32%
$200 Calls – Range: 1.97-2.71 – Max Gain: 38%
$210 Calls – Range: .47-.69 – Max Gain: 47%
$220 Calls – Range: .12-.22 – Max Gain: 83%

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Fresh *Bearish* Options Ideas:

SPDR S&P500 (ETF) SPY Weekly $309.50-308.50 Puts
Weibo, Inc. WB $47.50-45.50 Puts
Canopy Growth Corp. CGC $18.50-17 Puts

Extended Watchlist:
SNNA, CPA, ONCY, FCEL, CLSN, JAGX, TROV

Big Options Moves & More

PetMed Express, Inc. PETS – Update

Our fresh options idea of the day yesterday morning involved the PETS chain in the wake of the company’s huge Q2 earnings beat, which precipitated the stock’s largest single session gain in 17 years.

We zeroed in on the PETS 11/15 $20-25 Calls, and the potential intraday profits on the table were nothing to sneeze at, with all three sets making multi-bag rips.

$20 Calls – Range: 2.60-6.80 – Max Gain: 162%
$22.50 Calls – Range: 1.00-4.40 – Max Gain: 340%
$25 Calls – Range: .40-2.40 – Max Gain: 500%

Fresh Options Ideas – We’ve also got a couple of new ideas to track off of this morning’s earnings calendar:

The Procter & Gamble Co. PG Weekly $123-125 Calls
Harley-Davidson, Inc. HOG Weekly $38.50-40 Calls

Extended Watchlist:
CBNT, TROV, BMY, LODE, IIPR, CISN, HRTX, OBLN, APDN

Blue Horseshoe Stocks: SUNW Update & More

Sunworks, Inc. SUNW – Update

We brought SUNW to our readers in our report on Friday morning, and despite having already spent nearly the whole of April in a steady uptrend, the stock is still making headway here in the month of May.

From the low of 1.264 that was registered on the morning of our initial alert, the stock made its way to 1.97 yesterday, which represents a three-day upswing and total possible gains of 56% for our readers.The stock is now well into blue sky breakout territory, so there’s no telling how much higher it could go, bu we’ll certainly continue to keep an eye peeled.

Fresh Options Idea:

Electronic Arts, Inc. EA – With a solid beat on both earnings and revs, we’re looking to EA this morning on the heels of its quarterly financials drop. Expectations on future guidance from the company have also been exceeded.

We’re going to be focusing on the EA Weekly $98.50-100 Calls in response to the present conditions and activity we are observing here in the premarket.

Extended Watchlist:
AMPG, GNMX, PAGP, CVRS, FTFT, IDEX, TROV, HUSA