Blue Horseshoe Stocks: Options Review & More

Options Review

After a tumultuous month on the whole, October came to a solid end with a very strong performance from the markets, and in effect, a good showing by many of the ideas we presented in yesterday’s report.

Take-Two Interactive Software, Inc. TTWO – First we’ll give an update on the calls we made on Tuesday morning for TTWO- the Weekly $122-125 Calls. They started moving immediately, as we mentioned in yesterday’s report, and after another session the gains have piled up even higher.

$122 – 4.00-8.45 (+111%)
$123 – 2.49-7.80 (+213%)
$124 – 2.50-6.80 (+172%)
$125 – 2.50-5.40 (+116%)
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 Three of the four fresh options ideas we submitted in yesterday’s report also saw sizable gains on the day.

FB Weekly $150-155 Calls
$150
– 2.46-4.37 (+77%)
$152.50 – 1.46-2.67 (+83%)
$155 – .75-1.40 (+86%)
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GM Weekly $35-37 Calls
$35 – .92-2.04 (+122%)
$35.50 - .62-1.60 (+158%)
$36 – .34-1.15 (+238%)
$36.50 – .19-.72 (+279%)
$37 – .11-.45 (+309%)
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SPY Weekly $269.50-271.50 Calls
$269.50 - 2.92-4.42 (+51%)
$270 – 2.57-4.15 (+61%)
$270.50 – 1.98-3.40 (+71%)


Extended Watchlist: 
NFX, IGCC, TREE, TOPS, DCIX, NAVB, CRON

Blue Horseshoe Stocks: Big Day for Options

Options Recap

Yesterday, our premarket report included two fresh sets of options trading ideas for Under Armour, and Take Two Interactive, and thanks in part to a nice rebound for the markets, we were able to see some really nice gains in our designated plays.

Both of these were companies that had just reported their quarterly earnings, which just reinforces why we continue to make these same kinds of calls over and over again. Post-earnings options trading, while just as risky as any other type of short-term trade, is also just about the most reliable way to find quick-strike opportunities to profit.

Here were the trading ranges and total possible single-session gains that could have been banked off of yesterday’s ideas:

Under Armour Inc. UAA $19-20 Calls
$19 – 2.69-4.20 (+56%)
$19.50 – 2.65-3.82 (+44%)
$20 – 1.75-3.25 (+85%)

Take-Two Interactive Software, Inc. TTWO $122-125 Calls
$122 – 4.00-5.60 (+40%)
$123 – 2.49-5.70 (+129%)
$124 – 2.50-4.20 (+68%)
$125 – 2.50-4.00 (+60%)
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Fresh Options Ideas: 

FB Weekly $150-155 Calls
EBAY $28.50-30 Calls
GM Weekly $35-37 Calls

SPY Weekly $269.50-271.50 Calls


Extended Watchlist: 
PVH, TNXP, CRON, CGC, CRC, SMI, RIOT, YNDX

Blue Horseshoe Stocks: HSY Update & More

The Hershey Co. HSY

Despite the miss on Q3 earnings, we were confident enough in HSY’s setup to submit an idea for its options chain in yesterday morning’s report, and those ideas returned immediate opportunities for single-session profits.

We’re used to bucking the trend when we see a good enough chance, and this was a perfect example. Even as the market itself logged another day of losses, Hershey performed just as we’d hoped. Our targets were the HSY Weekly $102-104 Calls, and they all returned sizable gains on the day:

$102 Calls – Range: 2.79-5.60 - Max Gain: 101%
$103 Calls – Range: 2.25-4.47 – Max Gain: 99%
.$104 Calls – Range: 1.40-3.70 - Max Gain: 164%

We’ll continue to monitor these plays, but as it stands, these were some really good ideas to kick off the trading week amid some touchy conditions overall.
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Fresh Ideas:
Under Armour Inc. UAA $19-20 Calls
Take-Two Interactive Software, Inc. TTWO $122-125 Calls


Extended Watchlist: 
HZO, FAMI, EGO, CCCL, CASI, YECO,

Blue Horseshoe Stocks: AAPL Run Continues

Apple, Inc. AAPL – Final Update

We’re coming back around to mention AAPL for the third consecutive time today, with the AAPL Weekly $195-200 Calls we selected on Wednesday morning continuing to pile on bigtime gains.

Practically every options idea we’ve looked at in this incredible bull market has been working out in our favor, and this old favorite has been no different. Here are the updated figures for the total possible gains which could have been attained as a result of our report on Wednesday:

$195 Calls – Range: 3.20-13.25 – Max Gain: 314%
$197.50 Calls – Range: 1.71-10.80 – Max Gain: 531%
$200 Calls – Range: .81-8.40 – Max Gain: 937%


More Options Success

Our premarket report yesterday also contained two fresh sets of options ideas for Tesla, inc. TSLA with the Weekly $320-330 Calls, as well as the Wayfair Inc. W Weekly $110-115 Calls.  Both ideas produced fantastic chances for huge single session multi-bag profits:

TSLA Weekly $320-330 Calls,
$320 Calls – Range: 7.20-30 – Max Gain: 316%
$322.50 Calls – Range: 6-28.27 – Max Gain: 371%
$325 Calls – Range: 5.25-25.26 – Max Gain: 381%
$327.50 Calls – Range: 4.20-22.25 – Max Gain: 430%
$330 Calls – Range: 3.10-20 – Max Gain: 563%

We’ll be looking at the possibility of rolling up to the TSLA Weekly $345 & $350 Calls for today, but please, do not trade weekly options on a Friday unless you are expert trader with disposable funds. While the rewards can be great, the risks are of equal gravity!
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W Weekly $110-115 Calls
$110 Calls – Range: 3.10-11.10 – Max Gain: 258%
$115 Calls – Range: 1.76-5.30 – Max Gain: 201%
(Note: Wayfair also produced gains throughout our entire selected range early in the session, but here we have simply included the figures for the bottom and top of the range only, as that is where most of the open interest was.)
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Fresh Idea:
SPY Weekly $282-283 Calls


Extended Watchlist:
NSYS, PBR, DISH, MDRX, TNXP, TTWO, ACLS

Blue Horseshoe Stocks: Options Updates & More


Snap, Inc. SNAP – Options Idea

We ‘d like to signal our interest in tracking some SNAP puts in the wake of a poor earnings report wherein it was revealed that the company’s quarterly nearly tripled over Q2. Conversely, we were also hit with the news that China based Tencent Holdings would be taking up a 12% stake in its parent company.

Despite a mixed bag of news this morning, we’re getting a bearish feeling on SNAP, and would like to track some puts through the rest of the week. We’ve had some pretty good success with options ideas for this chain in the past, and conditions appear favorable to possibly see some nice activity in the SNAP Weekly $15-14 Puts.



Valeant Pharmaceuticals International, Inc. VRX – Options Update

Yesterday’s options idea pertained to VRX after a solid earnings report, for which we signaled the VRX Weekly $13-14 Calls.

Fast-acting traders had some nice chances for profits early on in the session as those contracts displayed the following moves inside the first hour of trading.

$13 Calls – Range: .82-1.42 – Max Gain: 65%
$13.50 Calls – Range: .52-1.04 – Max Gain: 100%
$14 Calls – Range: .28-.66 – Max Gain: 136%


Chatroom Call

RLOG came up on a routine scan right before the open yesterday after we published our premarket report, but we did catch it in time in our chatroom.

The stock made a run from .67 low to a high of 1.93 for an impressive 188% move. This is another example of why it’s so important to be a part of our daily traders chats- often we find plays that are alerted in the chatroom after our morning reports are published!

All of our subscribers are free to join in these chats, by simply sending a Skype contact request to username ‘stocksumo‘.



Extended Watchlist:
NPTN, CHRS, PTOP, BPMX, TTWO, GOL, PCRX,