Blue Horseshoe Stocks: More Big Winners

The Estee Lauder Companies Inc. EL – Recap

At this point, mentioning that our most recent fresh options idea turned in a great performance seems to be a foregone conclusion. Nearly everything we’ve touched in 2019 with respect to earnings related options ideas has turned to gold.

EL is just the next link in that chain of premium options tradings ideas we’ve delivered to our readers so far this. It was a new idea for yesterday morning’s premarket report, the EL Weekly $145 & $150 Calls,  and both of those strike points produced big-time single-session gains.

The $145′s ran 128% from 5.28 to 12.00, while the $150′s exploded from a low of 1.99 and hit 7.50, for potential intraday profits of up to 276%
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Fresh Idea:
GSK Weekly $39.50-40.50 Calls
GM Weekly $39-41 Calls


Travena, Inc. TRVN

We also want to review a call we made on a stock at the end of 2018 that has found success in the early goings of 2019. We highlighted TRVN for observation in our report dated December 28th, and that day, the stock was trading for as little as .40, and it would never fall lower.

The reached .60 around the halfway point through January, and last week, exactly a month following our tag, TRVN kicked into high gear, reaching 1.45; an increase of 263% over our observed low from the morning of our initial alert.

The stock is currently flirting with its 200DMA, and if it can break previous resistance around the 1.50 area, there is a massive gap to the upside. Things could get even more interesting from there.


Extended Watchlist:
PULM, PAYC, CUTX, BRKS, AVEO, CAPR, EYEN, AMPE

Blue Horseshoe Stocks: SPY, TSLA Options

SPDR S&P500 ETF (SPY) – Options Ideas

We’ve now had two consecutive sessions of gains for stocks following a weeks-long downtrend, and are eager to see if this reversal of fortune has a more lasting effect. With a high degree of uncertainty at play, and the potential for volatile swings in either direction, we’re going to signal two opposing sets of ideas in the SPY chain, to set ourselves up for any eventuality. We may even see a case of another dip-and-rip kind of session, where we play one set early on and another later in the day.

Our two sets of ideas are going to be the SPY Weekly $248-249.50 Calls*, and the SPY Weekly $251-250 Puts*.  If the SPY can get above the premarket high of 251.16 during the session, we’ll look to our bullish ideas. Failure to do so, will cause us to track the bearish ones. Either way we should have good opportunities laid before us by the SPY today.


Tesla, Inc. TSLA – Options Idea

We’ve also formulated an idea for the TSLA chain. Tesla stock is getting another boost this morning after proposed additions to the board of directors, including Larry Ellison, the founder of Oracle Corp. (ORCL), are being very well received by investors.

We’re going to track the TSLA Weekly $322.50-327.50 Calls* on the heels of this announcement.
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*NEVER trade options with a weekly expiration on a Friday unless you are an advanced level trader with disposable funds!


Extended Watchlist:
QTM, TRVN, BHF, SFET, HSGX, BPMX, OPK, NMFC

Blue Horseshoe Stocks: Tech Options Review

OPTIONS REVIEW

We were banking on a market reversal yesterday in tandem with good performances from a couple earnings plays that we formulated some options ideas for, and got everything we wanted.

Both of the plays were in the tech sector, which turned out to see some of the highest incidences of recovery, and it facilitated some very nice gain opportunities for anyone who was paying attention to our ideas.

Despite the appearance of yet another reversal and possibly another down day, we are quite pleased with the double-bag, single-session gains afforded to us by these two tech stocks.

TSLA Weekly $310-317.50 Calls
$275 Calls
– Range: 3.73-8.81 - Max Gain: 136%
$275.50 Calls – Range: 3.10-7.35 – Max Gain: 137%
$276 Calls – Range: 2.41-6.21 - Max Gain: 158%
$276.50 Calls – Range: 2.05-5.04 – Max Gain: 146%
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MSFT Weekly $104-107 Calls
$275 Calls
– Range: 2.10-5.40 - Max Gain: 157%
$276 Calls – Range: 2.12-4.45 - Max Gain: 110%
$276 Calls – Range: 1.58-3.58 – Max Gain: 127%
$277 Calls – Range: 1.10-2.75 - Max Gain: 150%

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We also had a fresh idea on Wednesday morning with The Boeing Co. BA Weekly $357.50-367.50 Calls and the surge in the markets yesterday also allowed those contracts to get legs and make some very respectable moves:

$275 Calls – Range: 4.00-7.70 - Max Gain: 93%
$275.50 Calls – Range: 2.60-6.00 – Max Gain: 131%
$276 Calls – Range: 1.85-4.32 - Max Gain: 134%
$276.50 Calls – Range: 1.15-2.90 – Max Gain: 152%
$277 Calls – Range: .77-1.85 - Max Gain: 140%
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Fresh Ideas:
INTC Weekly $44-45.50 Calls*

*NEVER trade weekly options on a Friday unless you’re an expert level trader with disposable funds!


Extended Watchlist: 
OHGI, NSPR, ATNM, NAUH, GT, PLG, LOGM, TRVN

Blue Horseshoe Stocks: Fresh Options Ideas, Updates

Global Payout, Inc. GOHE – Update

On our first day of coverage we saw quite a respectable performance out of GOHE, with a solid move on the chart, along with an influx of heavy volume.

The stock traded in a range from .025 to .035 on the day, which worked out to an intraday move of 40%, with more than four times the 30-day average number of shares changing hands. We’ll continue to keep a close eye on the stock, looking for the recording of higher lows and higher highs in sessions ahead.

If you didn’t catch our special report on GOHE published yesterday, then we urge you to do so now:
GOHE Special Report




American Leisure Holdings, Inc. AMLH

For another quick recap of a recent mention of ours to make significant strides during yesterday’s session, we’ve got AMLH. We included a tag of this play in Tuesday’s report, and saw a moderate pop toward the end of that session, but yesterday is when things kicked into a higher gear in terms of intraday movement.

We watched as AMLH traded up from a low of .0027 and eventually hit .0052, for a daily rip of  93% which occurred on roughly 2.5X the monthly average volume.


CarMax, Inc. KMX – Options Idea

We always like a good earnings-related options play, so we’re looking at KMX this morning, which recently showed signs of reversing off of a relative bottom.

. After a solid beat, we’ve seen a moderate premarket gap-up, and would like to signal a range of longer-term ideas that could see some appreciable gains if KMX can mount an extended comeback. We’re going to focus on the KMX 05/19 $60-$65 Calls. For a shorter-term idea, we’ll watch the KMX 04/21 $57.50 and $60 Calls.



EV Energy Partners, L.P.  EVEP

We like the look of the chart on EVEP, which we’re going to tag as a potential bottom-bouncer this morning. The stock has already strung together a few bullish sessions, and the chart itself looks ripe for the possibility of a more protracted recovery.

As you can see on the snapshot below, the RSI is on the cusp of cracking the 50-line, while the MACD just underwent a recent bullish cross and is showing upward divergence. These technical indicators put EVEP high on our list of possible recovery plays.


Extended Watchlist:
INNL, SUN, AKTX, IMMY, TRVN, YUMC

Blue Horseshoe Stocks: ASTI Recap, Options Reminder & More

Trevena, Inc. TRVN

Of all of the plays that we were monitoring via our extended watchlist in yesterday’s premarket report, the most potent intraday performance came from TRVN. The stock had made a nice move in the previous session, had pulled back, and looked primed for another nice move based on the premarket activity we observed.

As the overall markets saw a trend reversal, TRVN made a solid, steady, run from a daily low of 9.21 up to 11.47; that registered as a 25% increase on more than 12X the 3-month average volume.

The stock is increasing further in the premarket today (traded as high as 11.83 thus far), so we might want to look out for the possibility of a slight dip followed by a continuation of yesterday’s momentum.


Ascent Solar Technologies, Inc. ASTI

ASTI is a stock we’re very familiar with, as a quick tag search of our archives reveals, we’ve taken advantage of this stock multiple times over the years. A couple of weeks ago, we tagged the stock as a bottom-watch play after noticing it was being beaten back to new 52-week lows.

We stated that ASTI was a prime candidate for a bounceplay, and an extreme item of interest “because when a rebound does occur, it could be very significant.” and we couldn’t have been more spot-on in that assumption.

It’s ultimate low of .10 came just three sessions hence, and the impressive multi-day recovery pushed ASTI as high as .3597 yesterday. That represents an overall swing of 260%


Options Reminder:

Last Thursday just as the markets were becoming highly distressed, we formulated set of longer-term options plays to watch once a market rebound began to occur.

Yesterday, another reversal came to pass, so we just wanted to issue a brief reminder of the potential targets we listed, and are still tracking heavily: 09/18-10/02 Calls in the FB, GPRO, GMCR, AAPL, NFLX, and TSLA chains.


Extended Watchlist:
AXPW & VRA (Nice Moves Yesterday, Still on Watch),
MEI, GBSN, GEVO