Blue Horseshoe Stocks: Big Shipping Options

Big Shipping Options Review 

Yesterday morning, we were feeling confident in a bearish session leading into the Fed meeting. Despite a last-hour rebound following the rate lowering, most of the day provided us with plenty of backsliding action that led to some very respectable single-session gains for our picks.

We had bearish ideas set up for both of the main players in the parcel shipping game, In each instance, we observed solid moves for every single one of our targeted contracts:

FDX Weekly $157.50-155 Puts
$165 Calls – Range: 
4.30-9.20 – Max Gain: 114%
$167.50 Puts – Range: 3.00-7.00 – Max Gain: 133%

UPS Weekly $120-119 Puts
$120 Puts – Range:
 .67-1.37 – Max Gain: 104%
$119 Puts – Range: .44-.89 – Max Gain: 102%


Eros International Plc. EROS

We mentioned EROS most recently on August 21st, and shortly following that alert, the stock was trading for as little as 1.20. This morning we have observed a new high of 3.42 in the premarket in the wake of an announced partnership with Microsoft.

That’s a total increase of 185% in roughly seven weeks’ time. We’ll be interested to continue monitoring the activity from this point on.

DOUGLAS, Isle of Man–(BUSINESS WIRE)– Eros Now, a South Asian entertainment OTT (over-the-top) video platform by Eros International Plc, a Global Indian Entertainment Company, the ultimate one-stop destination for the internet generation to consume captivating content, today announced a collaboration with Microsoft to build a next generation online video platform on Microsoft Azure targeted at its consumers across the globe. (>>View PR)


Extended Watchlist:
NSPR, NTRP, PHUN, OBLN, SCYX, CGIX, MLHR

Blue Horseshoe Stocks: Bearish Options, Bottom Play

Cracker Barrel Old Country Store Inc. CBRL – Recap

First up this morning is a quick recap of the fresh options idea we formulated for yesterday morning’s premarket report. We had designated the CBRL Weekly $165-170 Calls as our targets of interest.

Two of those three contract sets produced opportunities for multi-bag gains on the day, with the third not far behind: 

$165 Calls – Range: 5.25-9.57 – Max Gain:
227%
$167.50 Calls – Range: 1.20-3.50 – Max Gain: 393%
$170 Calls – Range: .56-1.45 – Max Gain: 227%


DURRECT Corp. DRRX – Recap 

DRRX is a play that we began tracking last month (08/07). Following that initial report, we observed the stock trading for as little 1.22.

In the four weeks which have followed, DRRX has been a steady riser, stair-stepping its way gradually up to its new high yesterday of an even 2.00/share. That works out to a very respectable rise of 64%


Neurotrope, Inc. NTRP

We also want to shine a light on the current setup of the chart on NTRP. Poor marks on for its Alzheimer’s treatment should have pushed it down quite a bit, but there seems to be no readily apparent reason why the stock should have fallen as low as it did following the lackluster report on the company’s clinical trials.

At present the stock is hugely oversold, and from a technical standpoint alone, could begin a reversal on little more than a breath of air. Indication from the MACD suggests convergence toward a bullish cross in the making. Should enough people catch on to the present scenario and load up cheap shares at current pricing, it could happen sooner rather than later. Even a partial fill of the massive gap on the chart would mean big gain chances.


Fresh Options Ideas:
FDX Weekly $157.50-155 Puts
UPS Weekly $120-119 Puts 


Extended Watchlist:
SINT, VIVE, GHSI, OPGN, JAGX, ROAD, TTNP, BE

Blue Horseshoe Stocks: THC Explosion


Tenet Healthcare Corp. THC – Options Explode

We included a fresh options trading idea for THC in yesterday morning’s premarket report. The stock was exhibiting the characteristics of a potential bottom bounce play, and we signaled the THC Weekly $18-18.50 Calls to correlate with the possible rebound.

We got just what we were looking for, however, with far greater single-session figured than we could have imagined. The results were two of the best intraday gain possibilities that we’ve identified in 2019, tipping the scales with twenty-bagger status!

$18 Calls – Range: .10-2.14 – Max Gain: 2040%
$18.50 Calls – Range: .05-1.52 – Max Gain: 2940%

Updated Idea: THC Weekly $19.50-20 Calls 


PCT Ltd. PCTL 

For another quick update on PCTL, the OTC play we’ve been tracking, yesterday the stock registered new highs for the third time this week.

PCTL traded in a range from .017 to .029, for an intraday rip of 71% which also represented a total increase of 226% over our .0089 observed low following our initial alert on Monday morning.


Fresh Options Ideas:
SPY Weekly $301-302 Calls
BUD Weekly $99-101 Calls
MMM Weekly $185-190 Calls


Extended Watchist:
NOK, AZN, MYSZ, FCEL, LPTX, GHDX, UPS, DPW