Blue Horseshoe Stocks: Huge Options Wins

Cronos Group, Inc. CRON – Recap

We’ve been tracking CRON heavily this week, after having observed its swing low of 6.50 last week, the stock has now strung together seven consecutive bullish sessions, and yesterday attained a new high of 9.95, marking a 53% increase in roughly a week.

CRON Weekly $8 & $8.50 Calls were initially targeted in our report from Tuesday morning, and those attained new highs. We’ve now seen a move from the $8 Calls from .50-1.85 for a gain of 270%, and the $8.50′s updated range runs from .30 to 1.40, a gain of 367% in just two sessions’ time.

Yesterday we mentioned that we’d also look to roll up to higher strike points with the $9 & $9.50 Calls and those produced huge gain opportunities on the day. The $9′s moved up from a low of .20 and went on to hit a dollar, for a 400% rip, while the $9.50′s took the cake with a mega run from .10 to 70, a 600% gain.

CRON looks to be gearing down a bit this morning, but at this point it owes us nothing, and was a really great midweek play for us on the options front.


CVS Health Corp. CVS – Update

We also targeted some CVS calls on Tuesday- the CVS Weekly $75 & $75.50 Calls and did very well with those right out of the gate. We have some new highs there as well thanks to a solid session yesterday.

So far we’ve seen the $75 Calls trade from 1.05 to their new high at 6.00 (+471%), while the $75.50′s have run from .84-5.00 for gains of up to 495%, continuing our stellar week of fantastic options calls.



We also provided a pair of fresh options ideas in yesterday’s report, and kept the multi-bag profit train rolling with both targets:

ETSY Weekly $45 Calls
Range:
2.40-6.70 – Max Gain: 179%

TWLO Weekly $80-82 Calls
$80 – 3.15-16.37 (+420%)
$80.50 - 2.70-7.02 (+160%)
$81 – 2.33-14.80 (+535%)
$81.50 – 2.70-10.89 (+303%)
$82 – 2.25-13.80 (+513%)



Extended Watchlist:
ANGI, ARRS, AVLR, CVNA, CYBR, SESN, SND,

Blue Horseshoe Stocks: CVS, CRON Updates

Cronos Group, Inc. CRON – Update

It was just yesterday morning that we highlighted CRON, and the solid moves the stock has been making off of its swing low of 6.50 from last week. The impressive rebound continued for another day, with yesterday’s sesison bringing a respectable intraday move and a significant increase in our observed range on the stock over the past week.

From its daily low of 8.15 the stock reached a new high of 9.58, which works out to an 18% intraday hike. From our observed low from last week, we’ve now witnessed a move up of 47% It marked the sixth consecutive bullish session for CRON, which fell just shy of testing its current 50DMA, now standing at 10.25.

We had also signaled our interest in tracking the CRON Weekly $8 & $8.50 Calls in yesterday’s premarket report, and that idea provided opportunities as well. The $8 Calls went on an impressive intraday run from .50-1.55 for a gain of 210%, while the $8.50′s pushed their way up from a low of .30 and reached 1.15, a 283% rip!

Today’ we’ll look to possibly roll up to the $9 & $9.50 Calls on CRON if it appears its run will continue.


CVS Health Corp. CVS

We also targeted some CVS calls yesterday following the company’s earnings release, highlighting the CVS Weekly $75 & $75.50 Calls and we were met with some great chances for single-session profits there as well.

The $75 Calls traded up from 1.05 and as high as 3.25 (+210%), and the $75.50′s went from .84-2.79 for gains of up to 232%
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Fresh Ideas:
ETSY Weekly $45 Calls
TWLO Weekly $80-82 Calls

Blue Horseshoe Stocks: TSN Recap & More

Tyson Foods Inc. TSN – Update

We started the week off yesterday by formulating some options ideas for TSN. The company had a mixed earnings call, with a beat on Q3 profits, and a miss on sales. We pointed to the technical setup of the chart as our primary reason for being interested, and as it turns out we called the bottom perfectly.

We came up with a short and longer term set of ideas, and while we may yet come back to the long terms, we are looking at the weekly calls we designated today after some solid performances. Those were the TSN Weekly $58-59.50 Calls, and all but the $58′s produced double-bag gains on the session.

$58.50 Calls – Range: .90-2.25 – Max Gain: 150%
$59 Calls – Range: .80-1.68 – Max Gain: 110%
$59.50 Calls – Range: .75-1.50 – Max Gain: 100%



Fresh Options Ideas

Our success with options over the past several weeks has been so pronounced, we see absolutely no reason to stop now, especially being in the thick of another earnings season. We’ve got another pair of earning related options ideas to bring to the table today.

Etsy, Inc. ETSY Weekly $40-50 Calls
Zillow Group, Inc. Z Weekly $48-49 Calls


Extended Watchlist:
TIS, NPTN, RNG, ACRX, MNK, EKSO, VCEL, TWLO

Blue Horseshoe Stocks: BLNK, Bottom-Play & More

Blink Charging Co. BLNK

We signaled our interest in BLNK in yesterday morning’s premarket report via the Extended Watchlist, and we’re happy to report on what was a very productive first day of observation.

From a low of 4.34, BLNK made a highly respectable intraday run to 6.34, marking an intraday push of 46% Prior to Monday’s session, wherein the stock picked up in a big way, it had been trading sideways for quite some time. We will be interested in monitoring this play for the possibility of a more sustained uptrend in the days ahead.


Gogo. Inc. GOGO

We want to also bring some attention to the massive selloff which has occurred over the past three trading days. After trading for nearly $10/share, a disappointing earnings release and subsequent Moody’s downgrade has precipitated close to a 50% drop, leaving GOGO trading at just above $5.

We’re going to want to put this one on intensive bottom-watch, as we prepare for possible course correction leading to a bounce play opportunity.


Fresh Options Idea:
Trip Advisor, Inc. TRIP Weekly $45.50 & $46 Calls


Extended Watchlist:
UURAF, TRXC, PLUG, LC, MNKD, GRPN, ICHR, TWLO

Blue Horseshoe Stocks: Weekly Wrap-Up, Options Plays & More

Marijuana Company of America, Inc. MCOA

Following today’s session, we will have been tracking MCOA’s movements for exactly one month. When we first began talking about this play in early October it was trading in the subpenny range (.0094), and the results of one heck of a bullish month carried the stock to nearly twenty cents!

We had already seen a rise leading up to yesterday morning’s update on the stock of 1200% but the epic run wasn’t finished. The stock traded in a daily range from a low of .083 and hit an incredible new high of .1985 before tapering off into the close. That worked out to an intraday run of 139%

From our observed low it measures as a one-month overall upswing of 2011% which is one of the largest gainers we’ve bagged all year where stocks are concerned (Our options calls reach percentage gains of more than 1000% fairly routinely).


Galenfeha, Inc. GLFH

Also continuing its multi-day run yesterday was GLFH, which we brought to the table on Monday morning. It has now officially appeared in every report we’ve published for the entire week, on the strength of yet another solid performance yesterday.

We said early on that we’d be looking for GLFH to be a slow and steady riser over these four sessions; it has made gains every day but never exceeding 35%, and yesterday’s move was no exception. What it has done, is maintain those advances and kept piling one on top of the other.

The stock traded in a range from .055-.069 yesterday, for an intraday increase of 25%, and measuring from our observed low of .026, the total intraweek run its posted comes out to a highly respectable 165%

It’s rare that stocks see multi-day runs exceeding three days, so at this point, we’ll begin to ready ourselves for a consolidation that could come at any time.


Fresh Options Ideas

Our incredible success with numerous stocks this week dictated that we shy off of the options trading arena for a few days, but it’s high time for us to enter some ideas into the mix this morning. For both of the following plays, we’ll submit a weekly target* (expiring today) as well as one for next week, just in case these stocks put together multi-day increases of their own.

TWLO Weekly $32-35 Calls & 11/11 $35-36.50 Calls

SBUX Weekly $52-53 Calls & 11/11 $53.50-55 Calls

*Dabbling in weekly options contracts on a Friday should not be attempted by anyone except expert traders!

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Lands End, Inc. LE

On the chart below, we’ve pointed out the various reasons for why we like it from a technical perspective. Additionally, we always like to track a wide range retail stocks as the holiday shopping season approaches, and it fits the bill in that regard as well.

We’ve got an extended-term options idea for this one, with the LE 12/16 $12.50-17.50 Calls.


Extended Watchlist:
EXCC, ELED, MMEG, PLPL, FCEL, FEYE(Bottom-Bouncer)