Blue Horseshoe Stocks: Fresh Options Ideas

The Greenbrier Companies, Inc. GBX

The first thing that jumped out to us on this morning’s routine market scan was GBX. The only company on the earnings calendar with a market cap of more than a billion dollars, it’s also boasting an attractive bottom setup on the chart.

We’re going to tag the GBX 04/18 $30-35 Calls for observation, which gives us a couple of weeks to see more a rebound from the stock, which just began to rise off of in recent;y established 52-lows.
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FRESH OPTIONS IDEAS
SPDR S&P500 ETF (SPY) Weekly $287-288 Calls 
Constellation Brands, Inc. STZ Weekly $187.50 Calls


InspireMD, Inc. NSPR

We also will be placing another recently struggling stock in NSPR on bottom watch this morning. With it just having registered new 52-week lows yesterday, it would appear there may be slightly further to fall before a rebound is imminent, if we look at the indicators, but we’ll start tracking it now.

The stock was trading at twice this amount barely over a month ago, so the potential for rapidly recovery is also there.



Extended Watchlist:
TROV, CNET, DCAR, CRBP, KIQ

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Blue Horseshoe Stocks: BA Update & More

The Boeing Co. BA – Options Update

Our first order of business this morning is to go over the fantastic options idea we formulated on Monday morning, after a massively deadly air disaster involving one of Boeing’s new model Max 8 737′s occurred over the weekend. Our targets were the BA Weekly $375-367.50 Puts, and not only did they all work, but they all exploded for huge multi-bag gains in an incredible 2-day swing of ten-to-twelve baggers!

$375 Puts – Range: 1.07-12.05 – Max Gain: 1026%
$372.50 Puts – Range: 1.00-11.00 – Max Gain: 1000%
$370 Puts – Range: .73-9.94 – Max Gain: 1262%
$367.50 Puts – Range: .72-8.59 – Max Gain: 1093%

We’re going to flip this idea on its head after learning this morning that Boeing stands to make significant gains as a result of the Trump Admin’s $700B+ DoD budget request. We’ll look to the BA Weekly $380-385 Calls.



Momo, Inc. MOMO

We never stop hitting up options chains with good ideas that allow us to see big gains in a short timespan. You could check through years of our archives and see for yourself, but simply reading our daily reports is more than enough to get the gist. The cycle doesn’t stop.

Fresh for yesterday morning’s report, we signaled our interest in tracking the MOMO Weekly $34.50-36 Calls, and those all worked out beautifully as well in just a single session.

$34.50 Calls – Range:
1.85-3.30 – Max Gain: 78%
$35 Calls – Range: 1.50-3.12 – Max Gain: 108%
$35.50 Calls – Range: 1.20-2.50 – Max Gain: 108%
$36 Calls – Range: 1.00-2.10 – Max Gain: 110%


Extended Watchlist:
ETFM, EVRI, MDCA, HEB, WLL, CNAT, TROV

Blue Horseshoe Stocks: NTNX Options & More

Nutanix, Inc. NTNX – Fresh Options Idea

Today is figuring to be options heavy, with a few ideas jumping out to us here in the premarket this morning. NTNX, the first on our list, is currently exhibiting a chart setup that we’re constantly on the lookout for. We’ve got a stock rising up off of recent relative lows, with a massive gap to the upside, and a couple of our favorite buy indicators really standing out.

The RSI is attempting to come off of being egregiously oversold, while the MACD is rapidly converging toward an impending bullish cross. From the current juncture, a more pronounced rebound for NTNX looks imminent. We’re going to go ahead and signal the NTNX 05/19 $40-42.50 Calls to coincide with the present scenario.


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More Fresh Ideas:

We also tirelessly look for earnings related options plays, and may have found a couple today, despite the current earnings calendar being a little on the light side.

MOMO Weekly $34.50-36 Calls
SFIX Weekly $33-35 Calls


Extended Watchlist:
DCAR. NKTR, TXMD, CRBP, BLIN, TROV

Blue Horseshoe Stocks: TROV, PULM Reviews

Pulmatrix, Inc. PULM

We highlighted this stock in Friday morning’s premarket report, and were immediately paid potential dividends as PULM made a very solid intraday push. From a low of 1.33, PULM surged as high as 2.33 on the day. That represents a single-session gain of 75% which occurred on huge volume.

It was also sufficient to secure PULM the #2 slot on the NASDAQ top gainers list for the day. We’ll be sure to monitor its activity as we kick off the fresh trading week, in the event of a momentum spillover.


TrovaGene, Inc. TROV

Also appearing in Friday morning’s report was a reminder on TROV. We signaled this stock for observation at the end of January. It tapered back slightly to find support at a low of 2.54, and reached an impressive mark of 9.65 on Friday morning. That worked out to move of 280% in a span of roughly five weeks.


Big Lots, Inc. BIG – Options Recap

We also had the BIG 03/15 $35 & $37.50 Calls on watch in Friday’s report, and those worked out fantastically, thanks to a very nice daily performance from the stock. The $35 Calls ran hard from a low of .50 and up as high as 2.40- a move of 380% The $37.50′s dwarfed that move, exploding from a low of ,07 to .75, which works out to a daily increase of 971%


The Boeing Co. BA – Fresh Idea

We’re also going to be looking to short Boeing early on this week with the BA Weekly $375-367.50 Puts, after a disaster for an Ethiopian Airlines flight claimed 149 lives on a brand new Boeing MAX-8 737 a mere 6 minutes after takeoff. It’s all but certain to cause near-term issues for BA stock, which has already been on the decline this month.


Extended Watchlist:
MAXR, EGLE, TNXP, RTTR, HX, SKYS, HBM, IGC

Blue Horseshoe Stocks: Epic BPTH Run

Bio-Path Holdings, Inc. BPTH

We’ve been talking about BPTH all week, after the stock we tagged as a bottom watch play in our morning report on January 23rd had come up from our observed low of 2.65 to nearly the $15-mark. It was an incredible gain indeed, but nothing could have prepared us for what was to come.

Yesterday, following the company’s clinical update on its Phase 2 acute myeloid leukemia drug, prexigebersen, we saw an explosion on the chart that can only be described as the rarest of the rare. BPTH shot up from a daily low of 17.01 to an astounding high of 73.52! That worked out to an intraday swing of 332% As measured from the low following our January alert on the stock, BPTH posted an increase of  2,674% in a matter of just five weeks.

The stock pulled back to the high $30′s following that epic run, so it would appear that the above-mentioned figure will be the final maximum gain on our idea. While this has a chance to go down as our best stock call of the year, the chances that we score bigger gains on options ideas are extremely high. So we encourage any non-subscribers reading this to sign up as soon as possible!


Fresh Options Ideas

Speaking of options, which have also brought us several multi-bag gain opportunities this week, we’ll go ahead and close out this incredibly successful week with a pair of ideas that seem to be good bets here in the premarket. Horrid payroll numbers are contributing to what appears to be an impending bearish day for the markets.

SPY Weekly $274.50-273 Puts*
BIG 03/15 $35-37.50 Calls

*Never trade weekly options on a Friday unless you are an expert level trader with access to disposable funds.


Extended Watchlist:
DSKE, TRIL, SAEX, SEEL, PULM, TROV, TVIX, XXII