Blue Horseshoe Stocks: Tons of Options

Options Updates

Late last week, we selected a few contracts in the Facebook and Twitter options chains for longer-term ideas. The FB 10/12 $182.50-190 Calls, and the TWTR 10/12 $35 & 37.50 Calls. While they haven’t blown their lids quite yet, we wanted to reiterate our interest in tracking these over a longer time period.

The somewhat nominal gains achieved so far are as follows:
FB 10/12 $182.50′s: .53-.80 (+51%) | $185′s: 40-.54 (+35%)
TWTR 10/12 $35′s: .33-.52 (+56%) | $37.50′s: .28-.40 (43%)

We’ll continue to track these ranges, as there is still plenty of time for them to begin realizing their full potential. What we’ve seen to this point may be just the beginning.
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FRESH IDEAS:

To add to our social media related options ideas, we also see SNAP coming off of a recent bottom, and will signal the SNAP 10/05 $9 & 9.50 Calls for observation as the stock attempts to mount a recovery of recent losses.
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With a major category-4 hurricane currently inbound for the Carolina coastline this week, we’re also going to highlight some plays in Home Depot and Lowes Home Improvement, which tend to see surges in the wake of storms big enough to require extensive cleanup and repairs. According to all predictive models, Hurricane Florence definitely fits that bill.

HD Weekly $212.50 & 215 Calls
LOW Weekly $114-115 Calls
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Bonus Idea:
BHC Weekly $21-22.50 Calls


Extended Watchlist:
IMMR, LPI, USAT, SLCA, LODE, NXTD,

Blue Horseshoe Stocks: NBEV Recap & More

New Age Beverages Inc. NBEV

Our first order of business this morning is to rehash the performance of NBEV this week, subsequent to our initial alert on the play on Tuesday morning. It was enough of a heads-up to catch the stock at its weekly low of 1.53, which has given way to new highs after a pair of very strong outings.

Yesterday NBEV reached a new high of 2.40, which marks a two-session swing amounting to a respectable 57% We’ll be sure to continue to monitor the situation in the event that the stock parlays its strong start to the short week into an equally convincing finish.

Despite then closing below, the stock has been rebolstered in the premarket, having already traded back as high as yesterday’s peak at 2.40. If this stock can break through the channel of resistance between 2.40-2.58, we could see some more very interesting activity from this play.



Fresh Options Ideas:

We’ve got an earnings related options idea with GIII this morning, and are also taking note of the chart setups on FB and TWTR, which are presently exhibiting double bottom formations as they search for solid support. Each also has a gap to the upside, so we’re going to signal some extended term ideas to track.

GIII 09/21 $45 & 50
FB 10/12 $182.50-190 Calls
TWTR 10/12 $35-37.50 Calls


Extended Watchlist:
ARWR, SPPI, MYSZ, RSLS, SBOT, OBLN, PDS

Blue Horseshoe Stocks: SNAP Rocking & More

Snap, Inc. SNAP

After we signaled our interest in a range of SNAP calls yesterday morming, the stock turned in quite a performance. In fact, SNAP ended up being the top gainer on the NASDAQ for the session.

That activity paved the way for some excellent intraday moves for our designated contracts, the SNAP Weekly $16-17.50 Calls, which all more than

$16 Calls – Range: 1.15-5.00 – Max Gain: 335%
$16.50 Calls – Range: .93-4.38 – Max Gain: 371%
$17 Calls – Range: .50-4.00 – Max Gain: 700%
$17.50 Calls – Range: .45-3.51– Max Gain: 680%

We feel good about a continuation of the same kind of volatility we saw with SNAP yesterday, and will roll up our potential strike prices, and begin to monitor the SNAP Weekly $21-22.50 Calls as we finish out the week.
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Fresh Options Idea:
GrubHub, Inc. GRUB – Weekly $80-85 Calls

Twitter. Inc. TWTR – Weekly $31-33 Calls


Biocept, Inc. BIOC

We want to keep tabs on BIOC after the announcement of a public offering precipitated what we would consider an over-reactionary selloff.

The company raised a sum of roughly $14.8M after offering approximately 32M shares at an exercise price of .45, along with immediately exercise-able warrants to purchase another 32M shares at .50.

We would classify it fall to a new annual low of  .30 yesterday as a kneejerk response, and with the stock being this heavily oversold, we’ll want to put this one on bottom-bounce watch immediately.


Extended Watchlist:
TEUM, SNCR, FOLD, SWN, GCAP, NETE, RIOT, ONTX

Blue Horseshoe Stocks: Options Roundup & More

Twitter, Inc. TWTR

We had a really good idea for the TWTR options chain on Thursday morning with the Weekly $18-19.50 Calls. Not only did they make multi-bag gains on Thursday, but with another bullish session Friday, our total possible profits were extended by a significant margin.

We’ve listed the overall moves below, in addition to the intraday gains that were available on Friday alone.

$18 Calls – Overall Range: 1.00-3.95 – 2-Day Gain: 295% – Friday Intraday: 76%
$18.50 Calls – Overall Range: .64-3.38 – 2-Day Gain: 216% – Friday Intraday: 97%
$19 Calls – Overall Range: .38-2.95 – 2-Day Gain: 334% – Friday Intraday: 144%
$19.50 Calls – Overall Range: .18-2.43  – 2-Max Gain: 539% – Friday Intraday: 277%
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Friday’s fresh options ideas also both worked like a charm, bringing a fitting end to what was an amazing week for our options trading ideas across the board:

Microsoft Corp. MSFT Weekly $82-85 Calls

$82 Calls– Range: 1.74-4.19 – Max Gain: 141%
$83 Calls – Range: .93-3.15 – Max Gain: 239%
$84 Calls – Range: .39-2.11 – Max Gain: 441%
$85 Calls
– Range: 12.-1.30 – Max Gain: 983%
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Apple Inc. AAPL Weekly $157.50-160 Calls

$157.50 Calls – Range: 1.41-6.11 – Max Gain: 333%
$160 Calls – Range: .10-3.65 – Max Gain: 3550%


The Bon-Ton Stores, Inc. BONT

We tagged BONT on Thursday morning, at which time we observed a low of .68 in the stock. After a solid first session, we reiterated the tag in Friday’s report and the stock came out of the starting gate like a bolt. It traded all the way up to 1.15 before tapering back, but not before completing a two-day swing of 69% for us.

The stock’s presently hovering around a dollar, so we’ll be watching as the new trading week kicks off this morning to see if BONT can manage to string together a third session of higher highs and higher lows.


Extended Watchlist:
APVO, CAA, CUR, ENDP, IBN, TRXC, JAKK

Blue Horseshoe Stocks: TWTR Recap & More

Twitter, Inc. TWTR

Twitter posted its quarterly figures showing the company was nearing profitability, so we took the opportunity to signal a range of options, and what followed was Twitter’s biggest bullish session since last year, and some great chances for gains in our designated contracts, the TWTR Weekly $18-19.50 Calls.

$18 Calls – Range: 1.00-2.60 – Max Gain: 160%
$18.50 Calls – Range: .64-2.02 – Max Gain: 216%
$19 Calls
– Range: .38-1.65 – Max Gain: 334%
$19.50 Calls – Range: .18-1.15  – Max Gain: 539%

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Fresh Ideas:

Microsoft Corp. MSFT Weekly $82-85 Calls*

Apple Inc. AAPL Weekly $157.50-160 Calls*

*Never trade options with a weekly expiration on a Friday unless you’re an expert trader with disposable funds. It’s just about as risky as it gets.


ITUS Corp. ITUS

We’ve been tracking ITUS since September 21st, subsequent to which point we witnessed a really great move in the stock from 1.92-5.15 for gains of up to 168% over just a few sessions.

In the past few weeks ITUS has been under consolidation, but yesterday the stock came down and kissed the 50DMA before bouncing. It’s gapping up this morning in the premarket, so we’ll want to watch closely for it to hold the 200DMA of 2.19 on any pullbacks. If it can manage that, we like the chances of seeing what could be more sizable moves for the stock in coming sessions.


Extended Watchlist:
EVOK, INTC, ATEN, AVXL, THC, WWR, DXTR, KTOV,