Blue Horseshoe Stocks: More Big Wins, Bottom-Play

Friday’s Big Wins

We continue to pepper our readers’ inboxes with options ideas almost every day, and Friday’s report was no different. We featured a pair of fresh ideas in the ROKU and TTD chains, and hit the nail on the head with both of them to close out another solid week with strength!

The following single-session gain opportunities were there for the taking after both stocks had productive sessions on the heels of their earnings reports. TTD and ROKU took the 3rd and 6th top gainer spots, respectively, for the whole of the NASDAQ on Friday.  Out of eight sets of contracts, all eight recorded multi-bag runs on the day, with the ROKU moves being considerably more impressive. 

Roku, Inc. ROKU Weekly $53-56 Calls

$53 Calls – Range: 2.42-11.89 – Max Gain: 391%
$53.50 Calls – Range: 1.90-11.00 – Max Gain: 479%
$54 Calls – Range: 1.65-10.86 – Max Gain: 558%
$54.50 Calls – Range: 1.27-9.87 – Max Gain: 677%
$55 Calls – Range: 1.12-9.95 – Max Gain: 788%
$56 Calls – Range: .75-8.84 – Max Gain: 1079%
______

The Trade Desk Inc. TTD Weekly $170-175 Calls
$170 Calls – Range: 9.65-27.37 – Max Gain: 184%
$175 Calls – Range: 4.60-26.00 – Max Gain: 465%


Fresh Options Idea:
SPDR S&P500 ETF (SPY) 02/25 279.50-281 Calls*

* These options expire at the end of today’s session. Do not attempt to trade unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
ABEO, YRIV, NTLA, TTNP, BMRN, LX, NIO, PIR, SOGO, INSG, ARWR, SOLO, UNIT (Bottom-Watch)

Blue Horseshoe Stocks: Closing Out a Strong Week

Kandi Technologies Group Inc. KNDI – Recap

On Wednesday morning, we were looking at a pair of contracts in the KNDI options chain. We did see multi-bag gains out of those as mentioned in yesterday’s morning report, but perhaps just as big of a story is the move that KNDI stock itself managed in the two sessions since that alert.

From a low of 7.16 Wednesday morning, to yesterday’s high of 9.21, KNDI has managed to rattle off a 29% session-over-session increase. That’s a heck of a two-day swing for a $7+ stock, and will keep our interest as we close out the week.

This move was catalyzed by the US approval of two of the Chinese company’s electric vehicles.  The National Highway Traffic Safety Administration gave the domestic go-ahead to KNDI’s Model EX3 and Model K22 electric cars.


Dominos Pizza, Inc. DPZ – Recap

We went bearish with some Dominos Puts yesterday, following a particularly bad quarterly release by the company in yesterday’s premarket earnings dump. Earning and revs were big misses, with same store sales making only a marginal jump.

We signaled our interest in tracking the DPZ Weekly $270-260 Puts and both of those sets of contracts recorded solid intraday moves to the upside, of which traders could have taken advantage. The $270 Puts ran from 12.02 to 20.50, marking a 71% rip, while the $260 surged even more, trading in a range from 4.99-12.84 for an intraday gain of 177%


Fresh Ideas:
TTD Weekly $170-175 Calls
ROKU Weekly $53-56 Calls


Extended Watchlist:
ZSAN, FCEL, SENS, OLED, CATM, CMRX, CGIX, XSPA, AITX

Blue Horseshoe Stocks: HEAR Recap & More

Turtle Beach Corp. HEAR

Beginning on the 9th of April, we started tracking HEAR, at a low of 2.76. We swung back around on Tuesday to comment on the excellent moves the stock had made to that point, but we have to revisit once again to update readers on the fantastic new highs attained by HEAR yesterday.

The stock traded in a daily range from 10.80-13.88, an intraday pop of 29% As measured from our observed low on this play barely over a month ago, that high mark represented an upswing of 403%

The stock failed to maintain at least half of its daily advance, so a pullback may be in the cards, but we’ll still allow HEAR to continue to occupy a spot on our watchlist in coming sessions.


AT&T Inc. T – Option Ideas

We’re always looking for a good bottom-play in the midst of a reversal, and thanks in part to a bullish day for the markets yesterday, AT&T fits that bill. Not only did it show a spark off of a bottom yesterday, but there is a considerable gap to fill on the chart as you can plainly see on the included snapshot.

We want to signal some weekly calls for the immediate situation, and some extended term calls in the event of a more sustained recovery. For today, we’re going to track the T Weekly $31-32.50 Calls*, and going forward, we’ll keep the T 06/01 $33 & 33.50 Calls on watch as well.

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


Extended Watchlist:
FRTA, FSCT, TTD, EPE, RXII, VYGR