Huge Winners from Friday
We highlighted multiple options ideas on Friday, and are pleased to report that we found major success across the board. Despite closing flat, the markets as a whole produced an intraday run which was sufficient to push everything on our radar to huge gains. It was a great way to close out 2018 with a bang, especially considering the poor trajectory we were on just a few sessions prior.
SPDR S&P500 ETF (SPY) – For the SPY we formulated two sets of ideas, one for calls and one for puts, and because of the market, both ideas were hugely successful. They were the SPY Weekly $248-249.50 Calls, and the SPY Weekly $251-250 Puts. For the Calls, the crux of the gains came in the 2 o’clock hour, while the heaviest moves for the Puts came at Power Hour.
$248 Calls – Range: .84-3.47 – Max Gain: 313%
$248.50 Calls – Range: .64-2.80 - Max Gain: 338%
$249 Calls – Range: .50-2.50 – Max Gain: 400%
$249.50 Calls – Range: .40-2.05 - Max Gain: 410%
$251 Puts – Range: .81-3.81 – Max Gain: 370%
$250.50 Puts – Range: .62-3.21 - Max Gain: 418%
$250 Puts – Range: .43-3.02 - Max Gain: 602%
Tesla, Inc. TSLA
We also had a range of TSLA Calls lined up on Friday, and those all fared extremely well also. The gains were even more impressive than those of the SPY, with a five, a six, and an eight-bagger in the mix!
$322.50 Calls – Range: 2.14-13.50 - Max Gain: 531%
$325 Calls – Range: 1.39-11.05– Max Gain: 636%
$327.50 Calls – Range: .90-8.80 - Max Gain: 878%
HAPPY NEW YEAR FROM BLUE HORSESHOE!
Despite the last few weeks of horrid market conditions, 2018 as a whole was another great year for us, and it was nice to finish it on a similar high note. We focused on, and will continue to focus on high risk high reward options plays, with stocks peppered in when appropriate. We appreciate every single one of our readers, and will strive to continue serving you well, as we head into Blue Horseshoe Stocks’ ninth calendar year! Happy New Year, and we look forward to a fantastic 2019!
ADMP, PLUG, CPB, SFL, NE, RAD, DNR, XXII, SFET, AMRS