Tag: UPL

Blue Horseshoe Stocks: Options Reviews

CarMax, Inc, KMX – Recap

Yesterday morning we placed a set of contracts from the KMX chain on our radars, and while we didn’t yet see a clean sweep of gains from bottom to top, the beginnings of some really nice activity did take place in the lower end of the range.

We had designated the KMX Weekly $77-79 Calls as our contracts of interest and the 77-78’s came alive for some excellent intraday moves.

$77 Calls – Range: .10-.85 – Max Gain: 750%
$77.50 Calls – Range: .11-.60 – Max Gain: 445%
$78 Calls – Range: .05-.40 – Max Gain: 700%

Adobe Systems, Inc. ADBE – Recap

We included an idea for the Adobe options chain on Monday morning, and have also seen some very nice gains there as well this week. This all three of our targets, the ADBE 10/26 $260-265 Calls have produced chances at big-time multibag gains over the past three sessions.

We reported nominal gains on Tuesday morning, but after an extra couple of trading days, we’ve seen those ranges extended by a considerable margin.

$260 Calls– Range: 8.05-14.28 – Max Gain: 77%
$262.50 Calls – Range: 7.25-12.93 – Max Gain: 78%
$265 Calls – Range: 4.85-9.90 – Max Gain: 104%

Extended Watchlist: 
CEI, AMRS, UPL, AMDA, GWPU, YUMA, AWSM

Blue Horseshoe Stocks: Z Follow-Up & More

Zillow Group, Inc. Z

First thing’s first- we wanted to update our readers once again on the Zillow calls we made on Tuesday morning. We designated the Z Weekly $48-49 Calls as our targets and after a good first day, the stock continued its upward climb during yesterday’s session.

That move alloted for even further increases on our observed range of contracts, and pushed our two-day observed swings well into multi-bag territory:

$48 Calls – Range: 1.30-3.55 – Max Gain: 173%
$48.50 Calls – Range: 1.10-2.60 – Max Gain: 136%
$49 Calls – Range: .80-2.60 – Max Gain: 225%
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Fresh Ideas:
YELP Weekly $43-44.50 Calls
ROKU Weekly $52-53.50 Calls

Healthmed Services, Inc HEME

It isn’t often these days that we target a subpenny OTC stock. Our long-time followers know that those were our primary focus when we started out exactly 7 years ago this past Tuesday. We did very well in that capacity for many years, despite having recently shifted focus more to fast-paced options trading.

Of any of the sectors we ever covered in the OTC space, cannabis has certainly been the most exciting, and continues to be one of our primary interests on the stock side of things to this day.

That’s why we just want to put HEME on our readers radars. Despite being listed as defunct on OTC Markets, the company recently revealed its intentions to get things back on track and enter the marijuana space.

According to its updated website, HEME is presently acquiring, leasing and licensing growers for the cultivation, production and distribution of cannabis and cannabis-related products in southern California. The project site has state Highway access, water and local transportation are convenient and accessible, and the City government has designated the project site – legal planting zoning.

We are going to keep tabs on the company’s progress toward not only developing in this new direction, but also coming current on its reporting.

Extended Watchlist:
WIN, UPL, TIVO, ANGI, CVNA, RDHL,

Blue Horseshoe Stocks: TNTR Recap & More

Tintri, Inc. TNTR

Our bottom call of TNTR yesterday morning to kick off the short week could not have been more perfectly timed. For more than two months the stock had been crushed down ever lower, reaching a new 52-week low once again on Friday.

We noted a significant swell in the amount of short interest in the stock, and now it appears as if the squeeze is on- the bottom bounce we said we’d be watching closely for happened right on cue and it was no small move. The stock saw its low at .36 and subsequently ran to .71, marking an intraday rip of 97%

We’re going to want to watch out for a more sustained recovery, and look to TNTR to establish higher lows over the coming sessions.

Dicks Sporting Goods, Inc. DKS

Dicks posted its quarterly report, and took off like a rocket in the premarket today, shooting up over 20% on a hefty earnings neat and raised guidance going forward.

We’re always in the mood to take advantage of a rapid spike in price action and volatility. We like to use options to leverage the activity to our benefit, and in this particular case, we are going to want to cast a wide net and keep a close eye on the DKS Weekly $35-40 Calls.
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Added Idea:
HP, Inc. HPQ Weekly $21-22 Calls

Extended Watchlist:
CODX, CRMD, NAK, CRM, OGEN, TXMD, UPL, BGI